Queerspace Collective

Nonprofit profile at a glance

EIN
863249777
IRS 990 coverage
2021–2025
Forms available
Form 990 2025
Location
Minneapolis, MN, USA
Phone
6126695623
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Lesbian, Gay Rights

Reported finances

Revenue
$1,260,223
Expenses
$1,242,347
Assets
$811,550
Liabilities
$192,364

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • NICKI HANGSLEBEN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • NICKI HANGSLEBEN (EXECUTIVE DIRECTOR): $132,913 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Queerspace collective provides space for lgbtq+ youth to feel safe and empowered to be their true selves.

What it reported doing in 2025

Queerspace hangouts queerspace hangouts intergenerational lgbtq+ mentorship program including 1:1 mentorship and group hangouts. In 2025 we supported 70+ lgbtq+ youth and their families through our 1:1 mentorship program, provided 90 youth workshop experiences through 11 unique workshops held in st cloud and the twin cities, held queerspace monthly group hangouts and 2 queerspace family fun days in addition to our annual spirit day event providing music, dance, drag and art to over 75 2slgbtqia+ youth and families. We also provided ongoing training and support to the caregivers and mentors of the lgbtq+ youth in our program. We participated in community events including youthpride, outfront youth summit and q-quest where we provided education to over 4,000 youth.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.9%; rating input score 65
  • Program expense ratio: 65.8%; rating input score 66
  • Fundraising efficiency: $4.14 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.4%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0.65; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 10.7%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: 48.6% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 34.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 35.3% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 64.9% of revenue deployed · 65.8% of spending went to programs
  • Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $817K in reported program spending
  • Leadership: top reported pay $133K · 13 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 13/100.
  • Moderate — Sustainability: Operating margin scored 35/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.