Mindsphere World North America is located in Scottsdale, AZ. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mindsphere World North America is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Mindsphere World North America generated $11.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.0%) each year. All expenses for the organization totaled $21.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION SERVES AS AN INDUSTRIAL INTERNET OF THINGS COMMUNITY THAT PROMOTES COMMON BUSINESS INTERESTS OF ITS MEMBERS AND INDUSTRY BY FACILIATATING THE ADOPTION OF IIOT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Bowne Secretary | 0 | $0 | |
Raj Batra Director And President | 0 | $0 | |
Adam Mussomeli Director And Vice President | 0 | $0 | |
Steve Burris Director And Treasurer | 0 | $0 | |
Jean Marie Evrard Director | 0 | $0 | |
Pierre Henri Gabriel Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,800 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,803 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $21,315 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $147 |
| Total expenses | $21,462 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,007 |
| Other assets | $0 |
| Total assets | $31,007 |
| Total liabilities | $20,000 |
| Net assets or fund balances | $11,007 |