Mindbuilders Creative Arts Inc
- Assets
- $11.7m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 61
- Location
- Bronx, NY
- Founding
- 07/1979
- Data as of
- 06/2021
- EIN
- 13-2988157
Organization Overview
Mindbuilders Creative Arts Inc is located in Bronx, NY. The organization was established in 1979. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Mindbuilders Creative Arts Inc employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mindbuilders Creative Arts Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Mindbuilders Creative Arts Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. While expenses have increased by 4.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRE THE GROWTH OF YOUTH, FAMILIES AND COMMUNITY THROUGH QUALITY ARTS AND EDUCATION PROGRAMS, INCLUDING EDUCATIONAL, ARTS INSTRUCTION AND OUTREACH SERVICES TO YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DANCE & MUSIC PROGRAM - BEGINNER THROUGH ADVANCED LEVEL STUDENTS AGES 3 TO ADULT STUDY MODERN/JAZZ, TAP, BALLET, HIP-HOP, AFRICAN DANCE FORMS AND MUSICAL THEATER TRAINING IN ADDITION TO PRIVATE OR GROUP LESSONS IN VARIOUS INSTRUMENTS CHILDREN, TEENS, AND ADULTS COME TO MIND-BUILDERS FROM THE SURROUNDING NEIGHBORHOOD AND BOROUGH, AND IN SOME INSTANCES FROM BOROUGHS OF NEW YORK CITY OR THE BROADER METROPOLITAN AREA. MORE THAN 700 STUDENTS ATTENDED OVER 190 CLASSES WEEKLY IN ADDITION TO PERFORMANCES AND EDUCATIONAL PRESENTATIONS FOR MORE THAN 2,000 AUDIENCE MEMBERS AND SCHOOL GROUPS.
UNIVERSAL PRE-KINDERGARDEN PROGRAM
FOLK ARTS PROGRAM - TRAIN YOUNG PEOPLE TO IDENTIFY, DOCUMENT AND PRESENT THE TRADITION AND FOLK ARTISTS DISCOVERED IN THEIR FAMILIES, COMMUNITY, THE BOROUGH AND THE CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Madaha Kinsey-Lamb President & CEO | OfficerTrustee | 35 | $116,813 |
Rachel Lissy Co-Chair | OfficerTrustee | 5 | $0 |
Christina Connor Thompson Secretary | OfficerTrustee | 0 | $0 |
Cynthia Martin Vice Chair | OfficerTrustee | 7 | $0 |
Basir Mchawi Co-Chair & Trea | Officer | 5 | $0 |
Latoya Westbrooks-Keeling Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,955,844 |
| All other contributions, gifts, grants, and similar amounts not included above | $935,330 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,891,174 |
| Total Program Service Revenue | $139,092 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,030,266 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $116,813 |
| Compensation of current officers, directors, key employees. | $14,018 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,016,526 |
| Pension plan accruals and contributions | $83,141 |
| Other employee benefits | $117,787 |
| Payroll taxes | $101,453 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,926 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $179,930 |
| Advertising and promotion | $22,022 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,727 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,919 |
| Insurance | $18,145 |
| All other expenses | $62,896 |
| Total functional expenses | $2,098,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,785 |
| Savings and temporary cash investments | $770,704 |
| Pledges and grants receivable | $314,673 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $10,302,090 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $208,550 |
| Total assets | $11,710,802 |
| Accounts payable and accrued expenses | $152,021 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $338,850 |
| Total liabilities | $490,871 |
| Net assets without donor restrictions | $1,340,772 |
| Net assets with donor restrictions | $9,879,159 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,710,802 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Mindbuilders Creative Arts Inc has recieved totaling $394,281.
| Awarding Organization | Amount |
|---|---|
Elma Us Music Foundation New York, NY PURPOSE: GENERAL SUPPORT FOR AN AFTER-SCHOOL CENTER THAT INCLUDES MUSIC PROGRAMMING IN CREATIVE YOUTH DEVELOPMENT AND EARLY CHILDHOOD CLASSES IN THE BRONX. | $75,000 |
The Pierre And Tana Matisse Foundation New York, NY PURPOSE: ARTS EDUCATION | $50,000 |
The Pierre And Tana Matisse Foundation New York, NY PURPOSE: GENERAL SUPPORT | $50,000 |
The@durst Family Foundation New York, NY PURPOSE: GENERAL FUND | $35,000 |
Altman Foundation New York, NY PURPOSE: TO PROVIDE INSTRUCTIONAL CLASSES, YOUTH LEADERSHIP ACTIVITIES, AND ARTS-BASED CRISIS INTERVENTION PROGRAMS FOR CHILDREN AND YOUTH IN THE BRONX | $30,000 |
Organization Name not Listed PURPOSE: GENERAL OPERATING SUPPORT | | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |
The Arts Connection Inc New York, NY | $2,703,336 | $4,972,330 |
Alliance For Young Artists & Writers Inc New York, NY | $7,496,330 | $3,366,982 |