Minnesota · Nonprofit
LUNAR INC
LUNAR INC (Minnesota) receives grants from 16 organizations whose IRS filings report $977,950 to it, the largest being THE BUSH FOUNDATION ($175,000). 6 of them have funded it in more than one year.
- Revenue FY2023
- $187k
- Funders on record
- 16
- Grants received
- $978k
- Net assets
- $0
What Lunar Inc does
Mission
Lunar startups is creating equitable entrepreneurial ecosystems by providing education, support, and connectivity to leaders who identify as bipoc, women, lgbtq, and are founding high-impact ventures with the goal of building community wealth and developing entrepreneurial capabilities.
As stated on its FY2023 Form 990.
Program
In 2023, lunar executed the fourth virtual and sixth full cohort serving 18 entrepreneurs. Lunar's team, including the program manager and development manager, added critical capacity. Lunar's sixth cohort brought the total portfolio to 77 companies and gave lunar the statistically significant data to finalize the accelerator methodology. Lunar also finished phase three of an impact assessment that analyzed the economic impact of the cohort companies in minnesota. To date, lunar alumni have created more than $237 million in economic impact for minnesota.
$532,924 spentof which $177,989 as grants$46,859 earned by the program100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $532,924.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $459k to $0 (−100%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Danielle Steer
Executive director/secreta
As listed on its FY2023 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 3 funders to 7 funders, grant income fell $178k → $168k.
4 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of LUNAR INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LUNAR INC has a broad base — no single funder exceeds 18% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
40% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LUNAR INC.
Largest funder’s share by year: 2020 93% · 2021 39% · 2022 33% · 2023 45% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
13% of LUNAR INC's funders are still giving 2 years after their first grant; 38% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
100% of LUNAR INC's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $232k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like LUNAR INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
48%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for LUNAR INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LUNAR INC?
- LUNAR INC (Minnesota) receives grants from 16 organizations whose IRS filings report $977,950 to it, the largest being THE BUSH FOUNDATION ($175,000). 6 of them have funded it in more than one year.
- How many funders does LUNAR INC have?
- IRS filings report 16 organizations giving $977,950 in grants to LUNAR INC, 6 of which have funded it in more than one year.
- Who is the largest funder of LUNAR INC?
- THE BUSH FOUNDATION is the largest funder on record, with $175,000 in grants. The full list of funders is on this page.
- How can an organization like LUNAR INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2020–2023), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing