THE LOOP LAB INC
THE LOOP LAB INC
THE LOOP LAB INC
AI Summary
The Loop Lab Inc is a nonprofit social enterprise based in Cambridge, focusing on job training and workforce development. Founded to empower women and adults of color from low-income backgrounds, the organization specializes in digital storytelling careers in video, photography, and audio. With an operating budget of $1.4 million and total revenue of $1.2 million, The Loop Lab does not rely on a single funder for 50% or more of its revenue.
Mission Statement
THE LOOP LAB IS A NON-PROFIT SOCIAL ENTERPRISE SPECIALIZING IN WORKFORCE DEVELOPMENT AND DIGITAL STORYTELLING FOUNDED TO SERVE THE PORT NEIGHBORHOOD OF CAMBRIDGE. COMMITTED TO EMPOWERING WOMAN AND ADULTS OF COLOR FROM LOW INCOME BACKGROUNDS TO JOIN THE DIGITAL ECONOMY THROUGH CAREERS IN VIDEO, PHOTOGRAPHY, AND AUDIO. WE SUPPORT WITH ALUMNI AND STAFF WORKING ON THESE PROJECTS.
Cause Areas
1
Job training
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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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Frequently Asked Questions
What is THE LOOP LAB INC’s budget?
In 2024, THE LOOP LAB INC reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does THE LOOP LAB INC support?
THE LOOP LAB INC supports work in Job training.
Where does THE LOOP LAB INC operate?
THE LOOP LAB INC is headquartered in Cambridge, MA.
Who funded THE LOOP LAB INC recently?
In 2025, THE LOOP LAB INC received grants from COMMUNITY FOUNDATION OF WESTERN MASSACHUSETTS, CAMBRIDGE COMMUNITY FOUNDATION, and JOHNSON FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE LOOP LAB INC received in 2024?
The largest grant to THE LOOP LAB INC in 2024 exceeds $300 thousand.
What is THE LOOP LAB INC’s reliance on government grants?
THE LOOP LAB INC relied on government grants for more than 5% of their total revenue in 2024.