project leader
Taryn T
5244 Lyndale Ave S
latest update rss
First Toy Lending Event a Success!

the project

The Minneapolis Toy Library is seeking to register as a nonprofit in order to serve the Minneapolis community for the long term. Funds raised through this campaign will be used to (1) file IRS paperwork to gain 501c3 nonprofit status and (2) register our name and nonprofit status with the Minnesota Secretary of State's office. Any additional funds will be used in our long-term effort to acquire a permanent location.

the steps

- Raise funds through membership donations at 3 events on May 9th, May 30th and June 20th
- File for 501c3 status
- Register name
- Get approved
- Celebrate!

why we're doing it

The Minneapolis Toy Library is a mobile toy lending program which seeks to reduce waste, foster child development, and build community in the Minneapolis area.

Many parents feel the need to buy new toys to capture their child’s attention and stimulate their development but want to balance this desire with frugality whether out of environmentalism, minimalism, or necessity. Furthermore, young children’s interest wanes quickly with toys, so a lending service is a great way to ensure that toys are getting more use than they would if they stayed with just one family (and parents can forgo the headache of storing unused toys). In addition, toy library volunteers can help parents select toys that are appropriate for their child’s developmental age in order to offer the most engagement and learning.


Disbursement Budget:

501c3 filing $207.73

_The full cost to file for the 501c3 status and Minnesota Name Registration ($505) has been offset by extra funds we had from our 1st campaign! _

Updated Budget:

RAISED = $225.00
less ioby Platform Fee  waived
less ioby Fiscal Sponsorship Fee (5%) $10.71
less ioby Donation Processing Fee (3%) $6.55

Original Budget:

$400- IRS 501(c)3 filing fees

$105- Minnesota Name Registration and Nonprofit filing fees


ioby Platform Fee  waived
ioby Fiscal Sponsorship Fee (5%) $25
3rd Party Payment Processing Fee (3%) $15



First Toy Lending Event a Success!

We had a great first lending event on Saturday, May 9th! Eleven new families signed up for our 6-month trial memberships. Thank you to Washburn Public Library for allowing us to use the community room. We are looking forward to our next event on Saturday, May 30th!

Photos from our May 9th event!



This is where photos will go once we build flickr integration


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