MIND BUILDERS CREATIVE ARTS INC

EIN: 132988157 501(c)(3) Arts, Culture & Humanities

BRONX, NY

Total Revenue
$3,451,824
Total Expenses
$3,778,793
Total Assets
$14,062,908
Net Assets
$13,988,981
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NY
Principal Officer
SHIRLEY TAYLOR
Phone
7186526256
Tax Period
2023-07-01 to 2024-06-30

MIND BUILDERS CREATIVE ARTS INC, founded in 1978, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.5M in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Net assets of $14.0M represent 49 months of operating reserves.

Mission

INSPIRE THE GROWTH OF YOUTH, FAMILIES AND COMMUNITY THROUGH QUALITY ARTS AND EDUCATION PROGRAMS, INCLUDING EDUCATIONAL, ARTS INSTRUCTION AND OUTREACH SERVICES TO YOUTH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,829,512
Program Service Revenue $616,851
Investment Income $0
Other Revenue $5,461
TOTAL REVENUE $3,451,824

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,753,280
Fundraising Expenses $77,272
Program Expenses $1,947,860
Other Expenses $1,025,513
TOTAL EXPENSES $3,778,793

Year-over-Year Comparison

2023 2022 Change
Revenue $3,451,824 $5,694,102 -0.4%
Expenses $3,778,793 $3,561,517 +0.1%
Net Income $-326,969 $2,132,585 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
71
Volunteers
34

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$86,449
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHIRLEY TAYLOR EXECUTIVE DIRECTOR 35.00
Officer
$86,449 $0 $86,449
BASIR MCHAWI CO-CHAIR 5.00
Officer Director
$0 $0 $0
RACHEL LISSY CO-CHAIR 5.00
Officer Director
$0 $0 $0
CYNTHIA MARTIN VICE-CHAIR 5.00
Officer Director
$0 $0 $0
CHRISTINA CONNOR THOMPSON SECRETARY 5.00
Officer Director
$0 $0 $0
JAMES CARNEY BOARD MEMBER 5.00
Director
$0 $0 $0
LATOYA WESTBROOKS KEELING BOARD MEMBER 5.00
Director
$0 $0 $0
JEAN HODGE BOARD MEMBER 5.00
Director
$0 $0 $0
JEANNA HUSSEY BOARD MEMBER 5.00
Director
$0 $0 $0
DARISE JEANBAPTISTE BOARD MEMBER 5.00
Director
$0 $0 $0
LYNN KARAM BOARD MEMBER 5.00
Director
$0 $0 $0
KIARA LEE BOARD MEMBER 5.00
Director
$0 $0 $0
CLARENER MOULTRIE BOARD MEMBER 5.00
Director
$0 $0 $0
TAD SHULL BOARD MEMBER 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $3,451,824 $3,778,793 $14,062,908 $-326,969
2024 No data No data No data No data
2023 $5,694,102 $3,561,517 $14,321,684 $2,132,585
2022 $3,377,027 $2,378,532 $12,390,871 $998,495
2022 $2,684,688 $2,396,447 $11,799,608 $288,241
2021 $3,030,266 $2,098,557 $11,710,802 $931,709
2020 $3,215,052 $1,947,055 $10,672,856 $1,267,997
2019 $2,195,731 $1,854,246 $9,205,735 $341,485
2018 $2,400,360 $1,914,036 $8,709,420 $486,324
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