Fab Foundation Logo

MIP Score

66

Science & Tech
Engineering Research

Fab Foundation

Mission

The Fab Foundation is a global nonprofit organization committed to supporting the growth of the Fab Lab network, which includes over 2,300 digital fabrication labs worldwide. The foundation promotes digital fabrication education and entrepreneurship, aiming to bridge the digital divide and empower communities through technology access and skills development.

Basic Information

Tax-Exempt

Address

50 Milk Street, #16, Boston, Massachusetts, 02109

View all Boston charities

Founded in

2009

EIN

26-4836002

Total Assets

$3.453 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Join the Fab Lab Network

Join the Fab Lab Network

Become a part of a global community of makers and innovators focused on learning and sharing.

Academany Courses

Academany Courses

Learn to make almost anything through our global distributed academy.

Support Digital Fabrication

Support Digital Fabrication

Help us democratize access to digital fabrication tools and knowledge.

Impact Stats

2300+

Number of Fab Labs

Global Fab Lab Network

Over 2,300 Fab Labs established worldwide.

1600+

Academany Alumni

Academany Alumni

Supported 1600+ alumni in the past decade through digital fabrication education.

1200

Attendees per Year

Annual International Conference

Hosts approximately 1200 attendees each year at the Fab International Conference.

Upcoming Events

Fab International Conference 2025

2025-07-04

Join us in Brno and Prague for the largest event on digital fabrication.

Our Programs

Fab Academy

Providing advanced technical education in digital fabrication using Fab Labs as classrooms.

Learn More

SCOPES-DF

Activating digital fabrication tools for authentic student learning across educational areas.

Learn More

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

66

56

/100

Program Expense Ratio

91.20%

20

/20

Program Revenue Growth

12.43%

18

/20

Leverage Ratio

0.4308

10

/20

Working Capital Ratio

0.5262

6

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants1.096M41.36%
Program Services1.553M58.63%
Investment Income820.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue2.649M100.00%