COLAB

Chattanooga, TN, US
501(c)3
EIN
26-3934828
Chattanooga, TN, US
501(c)3
EIN
26-3934828

Overview

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Est.

2008

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

COLAB is a nonprofit organization dedicated to supporting entrepreneurs through arts education and cultural initiatives, with a mission to scale companies using core tools and resources to foster value creation, job growth, and community building. With an operating budget of $1.4 million and total revenue of $1.2 million for the 2024 filing year, COLAB relies on multiple funding sources, none of which constitute 50% or more of its revenue. More information can be found on their website at 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
C
Charita Allen
Board Member
S
Santosh Sankar
Board Member
T
Tom Lyons
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.
Overview
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