St Petersburg Innovation District Inc
Public records raise at least one point you should look into before giving.
What it says it does
The mission of the St. Petersburg Innovation District is to develop St. Petersburg into an environment that fosters job growth, economic development, learning and inspiration by bringing innovative people and organizations together. Our vision is to harness the potential of people, institutions and businesses in the St. Petersburg Innovation District to generate collaborative solutions that will benefit the world.
- Income
- $1.2 million
- Spending
- $977,532
- Employees
- 4
- Volunteers
- 30
- Highest pay
- $161,152, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- Facilitate greater inclusionary collaboration in search of innovation. The purpose of this activity is to increase multi-sector, cross discipline collaboration by introducing people to each other and the research or work being performed. These collaborations include organizational tours, networking events, STEM activities and speakers or panel discussions. The expectation is that by increasing collaboration we are able to find creative solutions to address community issues and generate employment opportunities for newcomers to the city and citizens in surrounding neighborhoods. Collaborations are tracked and successes shared with the broader community in the website, e-newsletter and social media. This activity is important to the purpose of the organization because it is how we foster learning and inspiration that can in turn support job growth and economic development. This activity is ongoing and occurs predominately in the District, with some events extending into the greater St. Petersburg area. The activity is guided by the Organization's Board of Directors, coordinated by the Organization's Executive Director, and performed by individuals within the member organizations.
- Attract new, diverse and intellectual capacity. The purpose of this activity is to fuel the economic growth of St. Petersburg. This is accomplished by enhancing the research and education capabilities, assisting in the recruitment and diversification of the employment base, and assisting in the attraction or incubation of new businesses. This activity includes encouraging new research projects, providing support for companies looking to relocate, and assisting in the expansion of incubator organizations. This activity is important for the Organization to enable job growth through the addition of new employers and expansion of existing employers. This activity is ongoing and occurs predominately in the District, with some events extending into the greater St. Petersburg area. The activity is guided by the Organization's Board of Directors, coordinated by the Organization's Executive Director, and performed by individuals within the member organizations.
- Create a sense of place. The purpose of this activity is to physically connect the organizations and spaces in the Organization to support collaboration and attract businesses and talent. This activity includes installing new directional signage, redesigning streets to accomodate walkers and bikers, and encouraging the opening of amenities such as coffee shops and collaborative spaces. This activity began in 2015 with a study conducted by the City of St. Petersburg. The City of St. Petersburg is funding and managing the new signage and street redesign project. The Organization's Board of Directors is guiding the discussion of new amenities in coordination with the City of St. Petersburg, coordinated by the Organization's Executive Director.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.