Overview

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Est.

2008

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

COLAB is a nonprofit organization focused on arts education and culture, dedicated to supporting entrepreneurs by providing the tools and resources necessary to scale their companies, create value, generate jobs, and build community. With an operating budget of $1.4 million and total revenue of $1.2 million for the filing year 2024, COLAB relies on significant funding from organizations such as NATIONAL PHILANTHROPIC TRUST, EWING MARION KAUFFMAN FOUNDATION, and TENNESSEE TECHNOLOGY DEVELOPMENT CORP. The organization does not depend on a single funder for 50% or more of its revenue. For more information, visit www.thecompanylab.org.

Mission Statement

TO SUPPORT ENTREPRENEURS BY SCALING COMPANIES WITH OUR CORE TOOLS + RESOURCES TO CREATE VALUE, JOBS, AND BUILD COMMUNITY.
Revenues
$1.2M
Expenses
$1.4M
Net Income:
-$183K
Assets
$528.4K
Liabilities
$234.2K
Net Assets:
+$294.3K
Operating Budget
$1.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
12
Median grant size
$8.8K
Largest grant received
$275K
S
Santosh Sankar
Board Member
T
Tom Lyons
Board Member
C
Charita Allen
Board Member

Frequently Asked Questions

What is COLAB’s budget?
In 2024, COLAB reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does COLAB support?
COLAB supports work in Arts education and Arts and culture.
Where does COLAB operate?
COLAB is headquartered in Chattanooga, TN.
Who funded COLAB recently?
In 2025, COLAB received grants from TENNESSEE TECHNOLOGY DEVELOPMENT CORP, TENNESSEE TECHNOLOGY DEVELOPMENT CORP, and BENWOOD FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant COLAB received in 2024?
The largest grant to COLAB in 2024 exceeds $275 thousand.
What is COLAB’s reliance on government grants?
COLAB relied on government grants for more than 25% of their total revenue in 2024.