Minnesota · Nonprofit
TOWERSIDE INNOVATION DISTRICT
TOWERSIDE INNOVATION DISTRICT (Minnesota) receives grants from 2 organizations whose IRS filings report $1,260,000 to it, the largest being The McKnight Foundation ($1,220,000). 2 of them have funded it in more than one year.
Against its field
TOWERSIDE INNOVATION DISTRICT holds deeper cash reserves than three-quarters of the 11,946 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,946 community improvement nonprofits $100k–$1M, FY2024
Three funders worth looking at
Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.
- Target Foundationshared funderslocal
- Graybrier Foundationportfolio match
- Oak Grove Foundation Maportfolio match
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
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.
Government-grant reliance: 2021 30% · 2022 8% · 2024 10%. Grants only. Government contracts and fees sit inside program revenue.
85% of TOWERSIDE INNOVATION DISTRICT’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.
reserve
Who funds it, year by year
2019 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $110k → $-25000.
From the IRS filings of TOWERSIDE INNOVATION DISTRICT’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
TOWERSIDE INNOVATION DISTRICT leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2019 91% · 2020 100% · 2021 99% — growing more concentrated.
“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.
Where its funders are
97% of TOWERSIDE INNOVATION DISTRICT's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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.
Funders to approach
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.
- Target Foundationshared funderslocalMN · backs 77 organizations that share your funders · funds 261 organizations near you
- Graybrier Foundationportfolio matchits grantees resemble your mission
- Oak Grove Foundation Maportfolio matchits grantees resemble your mission
- Minnesota Chamber Foundationportfolio matchits grantees resemble your mission
- The Crosswols Foundationportfolio matchits grantees resemble your mission
- Amy and Chip Pearson Family Foundationportfolio matchits grantees resemble your mission
- Securian Financial Foundationportfolio matchits grantees resemble your mission
- Granite Partners Foundation of Minnesota Incportfolio matchits grantees resemble your mission
- Dellwood Foundation Incportfolio matchits grantees resemble your mission
- The Lawrence Family Foundationportfolio matchits grantees resemble your mission
- Ken and Betty Dahlberg Foundationportfolio matchits grantees resemble your mission
- Campbell Foundation Carmen D Campbell Trusteeportfolio matchits grantees resemble your mission
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Organizations like TOWERSIDE INNOVATION DISTRICT
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of 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
13% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for TOWERSIDE INNOVATION DISTRICT: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds TOWERSIDE INNOVATION DISTRICT?
- TOWERSIDE INNOVATION DISTRICT (Minnesota) receives grants from 2 organizations whose IRS filings report $1,260,000 to it, the largest being The McKnight Foundation ($1,220,000). 2 of them have funded it in more than one year.
- How many funders does TOWERSIDE INNOVATION DISTRICT have?
- IRS filings report 2 organizations giving $1,260,000 in grants to TOWERSIDE INNOVATION DISTRICT, 2 of which have funded it in more than one year.
- Who is the largest funder of TOWERSIDE INNOVATION DISTRICT?
- The McKnight Foundation is the largest funder on record, with $1,220,000 in grants. The full list of funders is on this page.
- How can an organization like TOWERSIDE INNOVATION DISTRICT 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 FY2024 (financials across 2017–2024), and the filings of 2funders 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 August 27, 2026. What this page cannot tell you · view filing