NonprofitsDream Machine Innovation So Inc

Community Improvement & Capacity Building

Dream Machine Innovation So Inc

LOS ANGELES, CA

Total revenue

$50.4M

Total expenses

$1.2M

Net assets

$49.1M

Grants received

$2.5M

3 grants

EIN

992970860

Tax year

2024

Mission

Dream machine innovation supporting organization is a type 1 supporting organization to support dream machine innovation lab ("dmil") and domestic publicly supported organizations that are engaged in creating opportunities for underserved and under-resourced communities, thus furthering the mission of dmil, its supported organization.

Financials

FY 2024

Revenue

Contributions & grants$49.6M
Program service revenue
Investment income$791K
Other revenue
Total revenue$50.4M

Expenses

Grants paid$1.1M
Salaries & benefits
Fundraising
Other expenses$84K
Total expenses$1.2M
Total assets$49.1M
Net assets$49.1M

People

3 listed

NameRoleCompensation

SOMER HUNTLEY

TREASURER & SECRETARY

Board

10 hrs/wk

ANTHONY JONES

PRESIDENT

Board

10 hrs/wk

JAMIE LUNDER

DIRECTOR

Board

10 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$2M
EXODUS INITIATIVE
2024
$250K
BRIDGING DIVIDES
2024

Funded by

$2.5M from 3 funders · 3 grants · 2024

Samueli Foundation

$2M · 1 grant · 2024

The Hearthland Foundation

$250K · 1 grant · 2024

The Indianapolis Foundation Inc

$200K · 1 grant · 2024

Details

EIN992970860
NTEE codeS31
Subsection03
Ruling date2024-08
Formed2024
Employees0
Volunteers1
DREAM MACHINE INNOVATION SO INC — Mission, Financials & Grants Received | Grantivo