LAKE STREET COUNCIL
The Lake Street Council fosters economic vitality and amplifies Lake Street's vibrancy to create a thriving and livable commercial corridor.
About LAKE STREET COUNCIL
The Lake Street Council is a long-standing 501(c)(3) nonprofit that supports the economic health, cultural vitality, and recovery of the Lake Street commercial corridor in Minneapolis. It provides business support services, grant and predevelopment capital, placemaking/public art, marketing, and policy advocacy to help businesses and communities along Lake Street thrive. Since the civil unrest and pandemic disruptions beginning in 2020, the organization has managed large recovery and revitalization efforts (including the We Love Lake Street fund), administered grant and predevelopment programs, and worked with government and philanthropic partners to secure public and private investments in the corridor. In recent years the Council has continued targeted grantmaking, advocacy, and events to boost local businesses—especially entrepreneurs from communities of color and immigrant communities—while advancing a multi-year strategic vision for equitable redevelopment.
Notable achievements
We Love Lake Street Recovery Fund
Launched in 2020 to support businesses after civil unrest and the pandemic, the We Love Lake Street campaign raised and disbursed multi-million dollar relief and recovery funding to hundreds of small businesses and community organizations along the corridor.
Predevelopment & Acquisition Grantmaking
Allocated targeted predevelopment and acquisition support to help entrepreneurs and small-business tenants rebuild and pursue ownership opportunities on Lake Street, including multi-hundred-thousand and million-dollar program investments in recent years.
Recent Small-Business Grantmaking and Events
Continued grant rounds and community-facing programming (including cultural events such as the Taco Tour and marketing/placemaking campaigns) that have directed additional operating and recovery grants to hundreds of Lake Street businesses in the past 2–3 years.
At a glance
- Total assets
- $4.4M
- Annual revenue
- $2.3M
- Tax status
- 501(c)(3)Public charity
- EIN
- 41-0975738
- Location
- Minneapolis, MN
- Website
- www.visitlakestreet.com
- On Mahalo since
- September 2026
Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.
Recognition
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