Form 990 for tax year 2025
Filed by INCUBATOR KITCHEN COLLECTIVE CO.
Totals
- Total revenue
- $316,712
- Total expenses
- $315,138
- Contributions and grants received
- $63,925
- Grants paid
- $23,280
- Program service revenue
- $251,856
- Investment income
- $931
- Other revenue
- $0
- Total assets, end of year
- $71,087
- Total liabilities, end of year
- $1,573
- Net assets or fund balances, end of year
- $69,514
- Program services expenses (Part IX)
- $243,997
- Management and general expenses
- $71,141
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $243,997
Program services were 77.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$63,925
-
2a · Program service revenue: Short-Term Rent Incubator
total $213,233 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Short-term Rent Hatchery
total $4,715 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Fundraising Events
total $21,974 · unrelated business $0 · excluded $0
-
2d · Program service revenue: Sponsorships
total $600 · unrelated business $0 · excluded $0
-
2e · Program service revenue: Non-Profit Income
total $750 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $10,584 · unrelated business $0 · excluded $0
-
3 · Investment income
total $931 · unrelated business $0 · excluded $931
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $23,280 · program services $23,280
-
7 · Other salaries and wages
total $81,432 · program services $40,716 · management and general $40,716 · fundraising $0
-
10 · Payroll taxes
total $6,966 · program services $3,483 · management and general $3,483 · fundraising $0
-
11b · Fees: legal
total $8,436 · program services $8,436 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $2,062 · program services $1,031 · management and general $1,031 · fundraising $0
-
13 · Office expenses
total $21,751 · program services $0 · management and general $21,751 · fundraising $0
-
14 · Information technology
total $1,490 · program services $745 · management and general $745 · fundraising $0
-
16 · Occupancy
total $57,846 · program services $57,846 · management and general $0 · fundraising $0
-
17 · Travel
total $780 · program services $780 · management and general $0 · fundraising $0
-
18 · Travel or entertainment for public officials
total $731 · program services $731 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $2,733 · program services $2,733 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $1,615 · program services $1,615 · management and general $0 · fundraising $0
-
23 · Insurance
total $5,561 · program services $2,780 · management and general $2,781 · fundraising $0
-
24a · Other expenses: Bank Charges & Fees
total $109 · program services $0 · management and general $109 · fundraising $0
-
24b · Other expenses: Contractors
total $1,125 · program services $1,125 · management and general $0 · fundraising $0
-
24c · Other expenses: Cooking Classes
total $1,050 · program services $525 · management and general $525 · fundraising $0
-
24d · Other expenses: Dues & Subscriptions
total $4,323 · program services $4,323 · management and general $0 · fundraising $0
-
24e · All other expenses
total $93,848 · program services $93,848 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $38,189 · end of year $41,818
-
4 · Accounts receivable
end of year $420
-
10a · Land, buildings and equipment: cost or other basis
$99,081
-
10b · Land, buildings and equipment: accumulated depreciation
$70,232
-
10c · Land, buildings and equipment, net
beginning of year $30,465 · end of year $28,849
-
11 · Investments: publicly traded securities
beginning of year $246
-
17 · Accounts payable and accrued expenses
beginning of year $960 · end of year $1,573
-
27 · Net assets without donor restrictions
beginning of year $67,940 · end of year $69,514
Mission and programs · 2025
Mission
Provide Shared Kitchen Spaces to Support Food Entrepreneurs With An Affordable & Comprehensive Approach. Food Entrepreneurs Find Below - Market Rate Licensed Kitchen Facilities, Food-Focused Entrepreneurial Education, And A Network Of Markets, Investors, Mentors And A Community Of Passionate, Like-Minded Peers.
-
Provide Shared Kitchen Spaces to Support Food Entrepreneurs With An Affordable & Comprehensive Approach. Food Entrepreneurs Find Below - Market Rate Licensed Kitchen Facilities, Food-Focused Entrepreneurial Education, And A Network Of Markets, Investors, Mentors And A Community Of Passionate, Like-Minded Peers.
Expenses $243,997 · Grants $63,925 · Revenue $243,395
As filed on the 2025 return.
Listed in Part VII
-
Rachel Desrochers
Executive D1
- Total calculated
- $41,733
- From this org
- $41,733
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 4 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611889349300641
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