2024-09-26T06:46:57-07:00 2023-12-31 351908065 Stampfli Associates CPAs PC 1115 N Walnut St Ste C Bloomington IN 47404 990 2023-01-01 823745526 Dimension Mill INC DIME 3179652155 642 N Madison St Bloomington IN 47404 Patrick East Executive Director 2024-09-26 true true Dana Bement P00932103 8123390450 2023 2024-08-08 14:25:15Z Pat East 642 N Madison St Bloomington IN 47404 1918298 false X www.dimensionmill.org X 2017 IN Our mission is to help launch and accelerate high-potential companies. Our vision is to become the center of coworking and entrepreneurship in Indiana. 20 20 0 0 483452 705759 792180 1076942 1133 9713 3128 125884 1279893 1918298 0 0 766211 1186179 0 92612 993155 831333 1759366 2017512 -479473 -99214 1860065 2188013 1987024 2205399 -126959 -17386 Our mission is to help launch and accelerate high-potential companies. Our vision is to become the center of coworking and entrepreneurship in Indiana. false false 1609541 Support the technology and innovation community by producing events and programming. 1609541 true true false false false false false false true false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 24 0 true 0 false false false false false false false 0 false false false false false false false X 20 20 true false false false false false false true true false false true true true true false false true true false IN X Dimension Mill INC 3179652155 642 N Madison St Bloomington IN 47404 John Fernandez Senior VP 40.00 0.00 160543 0 20247 Pat East Executive Dir. 40.00 0.00 X 147585 0 21581 Michelle Cole Board Member 2.00 0.00 X 38854 0 0 Karin St John Chair 2.00 0.00 X X 0 0 0 Ravi Bhatt Vice Chair 2.00 0.00 X X 0 0 0 Cindy Kinnarney Treasurer 2.00 0.00 X X 0 0 0 Beka Mech Secretary 2.00 0.00 X X 0 0 0 Adam Gross Board Member 2.00 0.00 X 0 0 0 Jeana Finlinson Board Member 2.00 0.00 X 0 0 0 Nate Lattimer Board Member 2.00 0.00 X 0 0 0 Chelsea Linder Board Member 2.00 0.00 X 0 0 0 Donald Lukes Board Member 2.00 0.00 X 0 0 0 Anne McCombe Past Chair 2.00 0.00 X 0 0 0 Jen Pearl Board Member 2.00 0.00 X 0 0 0 Tina Peterson Board Member 2.00 0.00 X 0 0 0 Brooke Pyne Board Member 2.00 0.00 X 0 0 0 Rahul Shrivastav Board Member 2.00 0.00 X 0 0 0 Eli Serrano Board Member 2.00 0.00 X 0 0 0 Ben Swanson Board Member 2.00 0.00 X 0 0 0 Kerry Thomson Board Member 2.00 0.00 X 0 0 0 Mike Trotzke Board Member 2.00 0.00 X 0 0 0 Derek Whitley Board Member 2.00 0.00 X 0 0 0 346982 41828 2 false true false 0 551827 153932 705759 Event Space - Non-member 105584 105584 Investment Management 114350 114350 Membership Dues & Assessments 403500 403500 Program Management 398627 398627 Sponsorship Income 46350 46350 8531 8531 1076942 9713 9713 0 0 0 0 0 0 0 ERTC 900099 48647 48647 Other 900099 77237 77237 125884 1918298 1097242 115297 0 0 0 0 208020 208020 0 855296 787924 44914 22458 0 49423 45954 2313 1156 73440 68361 3387 1692 0 0 0 0 0 0 13462 12792 670 56661 56661 0 50095 29526 19563 1006 0 238823 191520 47303 4698 2011 1874 813 0 0 13750 13750 0 15680 12544 3136 6802 5442 1360 Professional fees 289233 116277 107469 65487 Repairs & Maintenance 45637 11378 34259 Event expenses 25027 25027 Training 16989 1374 15615 54476 34730 19746 2017512 1609541 315359 92612 572491 662906 0 75000 40022 9997 60975 0 0 0 0 7750 9290 30336 21438 12257 8898 0 0 0 10000 0 1172570 1405922 1860065 2188013 80775 112995 40039 15656 375000 667300 500000 496350 991210 913098 1987024 2205399 X -260124 -59875 133165 42489 -126959 -17386 1860065 2188013 -99214 188417 20370 X true X true X true false X 397284 414401 504038 890559 1109259 3315541 161165 324854 355613 285356 567858 1694846 17936 22794 99717 105584 246031 0 179613 179613 178000 153000 128000 818226 738062 936804 1060445 1428632 1910701 6074644 80000 299750 142566 443136 689259 1654711 110404 110404 190404 299750 142566 443136 689259 1765115 4309529 221 197 663 1133 9713 11927 0 221 197 663 1133 9713 11927 0 6371 5368 790 3128 125884 141541 744654 942369 1061898 1432893 2046298 6228112 0.69190 0.72840 0.00190 0.00050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 30336 21438 8898 8898 Escrow Funds Held - Flywheel Fund 673661 Operating lease ROU asset 732261 1405922 Note payable - current portion 3650 Operating lease liability - current 83666 Operating lease liability - non-current 825782 913098 2106715 188417 188417 1918298 1918298 2017512 2017512 2017512 Part IV, Line 2b: Explanation of escrow account liability The Mill facilitates selection of investments, organization documents, and tax returns for unrelated Limited Liability Companies, and relationship management. X false false false false false false false false false John Fernandez Senior VP 152690 930 6923 20247 180790 Pat East Executive Dir. 142470 5115 21581 169166 Form 990, Part VI, Section A, Line 2 Mike Trotzke (board member) is a co-founder of Sproutbox. Pat East (the Mills executive director) is an investor in Sproutbox, which is run by Mike Trotzke. Pat East is an investor in M25. M25 is an investor in Cheddar (Mike Trotzke, CEO). The City of Bloomington (John Hamilton, Mayor) and Bloomington Economic Development Corporation (Jennifer Pearl, President, Bloomington Economic Development Corporation) are board members of the Bloomington Economic Development Corporation. The Bloomington Economic Development Corporation (Jennifer Pearl, President) is under contract with the City of Bloomington (John Hamilton, Mayor) Redevelopment Commission to assist with forming the Dimension Mill, Inc. nonprofit.The City of Bloomington (John Hamilton, Mayor) is the landlord for the building Dimension Mill, Inc. operates. Ravi Bhatt (vice chair & board member) is an investor in the Flywheel Funds, investment funds managed by the Mill. Ben Swanson (board member) is an investor in the Flywheel Funds, investment funds managed by the Mill. Flamel.AI is a recipient of an investment made by the Flywheel Fund, investment funds managed by the Mill. Derek Whitley (board member) is the co-Founder and chief technology officer of Flamel.ai. Branchfire, LLC is a recipient of an investment made by the Flywheel Fund, investment funds managed by the Mill. Ravi Bhatt (vice chair & board member) is the co-Founder and chief technology officer of Branchfire, LLC. Cindy Kinnarney (treasurer & board member) serves on the City of Bloomington Redevelopment Commission, which approves contract agreements and funding for the Mill. Tina Peterson (board member) is the president and CEO of the Regional Opportunity Initiatives, an organization that provides program support to the Mill. Jennifer Pearl (past vice chair) is married to Larry Allen, an attorney working at the City of Bloomington, who also works with the Mill. Michelle Cole (board member) is a member of the Flywheel Funds, investment funds managed by the Mill, and has consulting arrangements with the Mill to provide investment management services. Derek Whitley (board member), Anne McCombe (past chair), Ravi Bhatt (vice chair & board member), and Rebekah Mech (secretary & board member) are members of the Mill and also rent suites at The Mill. Ivy Tech (Adam Gross, Vice Chancellor) provides monetary and program support for The Mill's Code / IT Academy, and Andy Lehman (Head of Accelerator Programming at The Mill) teaches classes at Ivy Tech. Form 990, Part VI, Section B, Line 11b 990 is reviewed by the executive director, the finance committee, and the CPA before filing. Form 990, Part VI, Section B, Line 12c The entity requires all the board members and employees to submit annual conflict of interest statements each year. Form 990, Part VI, Section B, Line 15a Compensation for all employees, including the Executive Director, is reviewed annually and approved by the Finance Committee, Executive Committee, and the Board of Directors. Comparability data is submitted on request, and the deliberation and decisions are recorded in all meeting minutes. Form 990, Part VI, Section C, Line 19 We make our Articles of Incorporation, IRS Letter, and Form 990 available to the public in our offices by appointment.