Overview
What is Leonardo's Basement?
Leonardo's Basement is a unique nonprofit organization situated in Minneapolis, Minnesota. Their primary mission is to provide engaging, hands-on learning experiences for children, teens, and adults, focusing on engineering, art, and technology projects. In 2022, they catered to 1,464 children, 83 teens, and 37 adults through classes and workshops. The organization collaborates with local schools, hosting field trips, residencies, and family events, reaching an additional 1,033 participants. Leonardo's Basement fosters a creative learning environment that emphasizes learning through doing, encourages a process-over-product approach, and values individual potential. They believe in the mutual enrichment of children and adults through learning, continuously evolving their organization, and nurturing curiosity and creativity in everyone. Their vision is to inspire people to reinvent the world. The organization is led by a dedicated team of two individuals.
Official website here: www.leonardosbasement.org
Is Leonardo's Basement legitimate?
Leonardo's Basement is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leonardo's Basement submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $142,251
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.leonardosbasement.org
What is the mission statement of Leonardo's Basement?
Leonardo's Basement is committed to providing a unique learning environment where individuals of all ages can engage in hands-on educational programs involving engineering, art, and technology. Their mission is centered around learning through practical application, emphasizing the process over the end product and encouraging risk-taking. They value respect for all individuals and the potential they hold to enrich the community. Leonardo's Basement believes in the mutual learning that occurs between children and adults, and they are continually striving to develop and improve their organization. Their ultimate vision is to inspire people to reinvent the world through curiosity and creativity.
Official website here: www.leonardosbasement.org
Who is the CEO of Leonardo's Basement?
Steve Jevning is the Chair of Leonardo's Basement.
Official website here: www.leonardosbasement.org
What is the revenue of Leonardo's Basement?
Leonardo's Basement's revenue in 2022 was $364,657.
Official website here: www.leonardosbasement.org
Who are the executives of Leonardo's Basement and what are their salaries?
The average compensation at Leonardo's Basement during 2022 was $71,126. There are 2 employees and 76 volunteers at Leonardo's Basement.
Here are 9 key members and their salaries:
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- Compensation: $65,000
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- Compensation: $65,000
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Official website here: www.leonardosbasement.org
Where can I find the form 990 for Leonardo's Basement?
Leonardo's Basement's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leonardosbasement.org
Learn more at the official website: www.leonardosbasement.org
Mission Statement of Leonardo's Basement
Leonardo's Basement, a unique creative learning environment, is committed to fostering education through hands-on projects in engineering, art, and technology for individuals of all ages. Their mission is grounded in the belief that learning is best achieved through doing, and they encourage a process-focused approach, valuing the importance of risk-taking and the significance of both the journey and the end product.
Respect for each individual's potential to contribute to the community is a core value at Leonardo's Basement. They acknowledge that both children and adults can learn from one another, and they believe in the continuous evolution of their organization. Their ultimate vision is to inspire individuals to reinvent the world, harnessing the power of curiosity and creativity. By providing an atmosphere that encourages exploration and experimentation, Leonardo's Basement empowers individuals to shape their own learning experiences and contribute to the betterment of their community.
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Impact
October, 2024
Leonardo's Basement fosters a unique learning environment that blends engineering, art, and technology, enabling individuals of all ages to engage in hands-on projects. By prioritizing creative expression and practical skills, it inspires participants to explore their imaginations and bring ideas to life.
In 2022 alone, over 1,500 individuals—including children, teens, and adults—engaged in classes and workshops designed to nurture creativity and problem-solving abilities. The organization’s partnerships with local schools further extended its reach, engaging over a thousand participants through field trips, school residencies, and family events.
Leonardo's Basement emphasizes learning through doing, encouraging a culture where risk-taking is valued over perfection. This approach not only builds skills but also instills a sense of community and collaboration where participants learn from one another, enriching the shared experience.
By embodying values that respect individual potential and foster continuous development, Leonardo's Basement plays a significant role in transforming how creativity and practical skills are perceived. Its mission to enable people to reinvigorate their surroundings fosters a generation that is not only inventive but also committed to contributing positively to their communities.
This information is meant to be a general summary of Leonardo's Basement. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,847
- Program Service Revenue: $299,242
- Gross Receipts: $364,657
Assets and Liabilities:
- Total Assets: $177,115
- Total Liabilities: $84,009
- Net Assets: $93,106
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLASS FEES
Revenue
$282,145
OTHER REVENUE
Revenue
$17,097
Organization Details
Founding Year
1998
Phone
(612) 824-4394Principal Officer
Steve Jevning
Main Address
2 MALCOM AVE SE, MINNEAPOLIS, MN, 55414
Website
www.leonardosbasement.orgNTEE Category
Code: P20 - Human services
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