Overview
What is Innovation Studio Inc?
Innovation Studio Inc, based in Roxbury, Massachusetts, is a dynamic nonprofit organization that aims to foster innovation, collaboration, and entrepreneurship. By partnering with municipalities, non-profit groups, educational institutions, industry associations, local neighborhoods, and companies, they make informational resources readily available and offer educational programs and activities to connect innovators. Their primary space, District Hall Boston, features open workspaces, classrooms, assembly space, flexible use 'pods', and writable surfaces everywhere. The organization has successfully run various events such as hackathons, pitch competitions, panel discussions, and community gatherings. Their success has led to other innovation spaces seeking partnerships with Innovation Studio to activate their existing spaces. Their mission is to make innovation, entrepreneurship, and business ownership accessible through a supportive and inclusive network of community spaces and individualized pathways, with a vision to be the home where aspiring individuals confidently grow their ideas into successful businesses.
Official website here: www.innovationstudio.org
Is Innovation Studio Inc legitimate?
Innovation Studio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovation Studio Inc 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.
Here are some key statistics you may want to consider:
Executive Compensation: $158,094
Professional Fundraising Fees: $0
Other Salaries and Wages: $969,996
For more financial information, click here
Official website here: www.innovationstudio.org
What is the mission statement of Innovation Studio Inc?
Innovation Studio Inc's mission is centered around making innovation, entrepreneurship, and business ownership accessible for individuals. They achieve this through an inclusive network of community spaces and personalized pathways. The organization's mission is to empower aspiring individuals to confidently grow their ideas into successful businesses. Innovation Studio operates with a vision to serve as a home where innovators can connect, collaborate, and start new businesses. They achieve this by offering informational resources, organizing educational programs, and hosting events such as hackathons, pitch competitions, and panel discussions. The organization's success at District Hall in Boston has led to collaborations with other innovation and work spaces in the city, furthering its mission.
Official website here: www.innovationstudio.org
Who is the CEO of Innovation Studio Inc?
Daniel Vidana is the President of Innovation Studio Inc.
Official website here: www.innovationstudio.org
What is the revenue of Innovation Studio Inc?
Innovation Studio Inc's revenue in 2022 was $1,723,186.
Official website here: www.innovationstudio.org
Who are the executives of Innovation Studio Inc and what are their salaries?
The average compensation at Innovation Studio Inc during 2022 was $53,719. There are 21 employees and 50 volunteers at Innovation Studio Inc.
Here are 15 key members and their salaries:
- Daniel Vidana (President) [Trustee/Director]
- Ashley Mediros (Vp Strategy)
- Mitch Tyson (Im. Past Boa) [Trustee/Director]
- Kevin Wiant (Past Finance) [Trustee/Director]
- Vinit Nihjawan (Vice Chair) [Trustee/Director]
- Christopher Muller (External Aff) [Trustee/Director]
- Damon Cox (Member) [Trustee/Director]
- Melissa James (Member (Term) [Trustee/Director]
- Zalika Winitzer (Member (Term) [Trustee/Director]
- Carmen Diaz-Jusino (Board Chair) [Trustee/Director]
- Christian Ponce (Treasurer) [Trustee/Director]
- Rosanna Garcia (Member) [Trustee/Director]
- Holly James (Member) [Trustee/Director]
- David Lucier (Member) [Trustee/Director]
- Angel Silvestrini (Member) [Trustee/Director]
Official website here: www.innovationstudio.org
Where can I find the form 990 for Innovation Studio Inc?
The Innovation Studio Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.innovationstudio.org
Learn more at the official website: www.innovationstudio.org
Mission Statement of Innovation Studio Inc
Innovation Studio Inc, with its empowering and inclusive network of community spaces, is dedicated to making innovation, entrepreneurship, and business ownership accessible to aspiring individuals. Their mission is to serve as a home where these individuals can confidently grow their ideas into successful businesses. Innovation Studio Inc strives to foster an environment that encourages collaboration, innovation, and entrepreneurship, providing a range of programs and resources to support this goal. Through open workspaces, classrooms, assembly spaces, and flexible use 'pods', the organization facilitates connections and collaborations among innovators, offering a variety of educational programs and activities. These events include hackathons, pitch competitions, panel discussions, fireside chats, interviews, demonstrations, conferences, company meetings, brainstorming sessions, and community gatherings. By working with various organizations and institutions, Innovation Studio Inc makes informational resources available and helps innovators connect, collaborate, and start new businesses, ultimately contributing to the growth of a vibrant entrepreneurial ecosystem.
Impact
This information is meant to be a general summary of Innovation Studio Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Innovation Studio Inc enhances and accelerates the innovation process through its spaces, programs, and conversations. The organization's impact can be seen through its collaboration with various entities, such as District Hall Boston and Boston Seaport partnerships. District Hall, a dedicated civic space opened in the fall of 2013, fosters innovation, collaboration, and entrepreneurship by providing open workspaces, classrooms, assembly spaces, flexible use pods, and writable surfaces.
Innovation Studio works with municipalities, nonprofit groups, colleges and universities, industry associations, local neighborhood groups, and companies to make informational resources available and presents educational programs and activities that encourage innovators to connect, collaborate, and start new businesses. Through initiatives like hackathons, pitch competitions, panel discussions, conferences, and community gatherings, Innovation Studio promotes a culture of innovation and entrepreneurship in the community.
Moreover, Innovation Studio's success with District Hall has led to partnerships with other Boston Seaport innovation spaces, such as Worcester Polytechnic Institute and Echelon Seaport. These collaborations help increase traffic to partner locations, raise awareness of their presence, and demonstrate successful models for running on-site innovation centers. Through its mission to make innovation, entrepreneurship, and business ownership attainable, Innovation Studio empowers individuals to confidently grow their ideas into successful businesses, contributing to community improvement and economic growth.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INNOVATION ROOM RENTAL FEE
Revenue
$852,960
CONTRACT SERVICE FEE
Revenue
$61,637
Organization Details
Founding Year
2012
Phone
(857) 254-1857
Principal Officer
Daniel Vidana
Main Address
2300 WASHINGTON STREET 2ND FLOOR, ROXBURY, MA, 02119
Website
www.innovationstudio.org
NTEE Category
Code: S30 - Community improvement
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