MIND BUILDERS CREATIVE ARTS INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $599,398 Revenue: $0

DANCE & MUSIC PROGRAM - BEGINNER THROUGH ADVANCES LEVEL STUDENTS AGES 3.5 TO ADULT TO STUDY SUZUKI VIOLIN, DIGITAL MUSIC PRODUCTION, PIANO, KEYBOARD, VIOLIN, GUITAR, BASS, VOICE, WOODWINDS, BRASS...

DANCE & MUSIC PROGRAM - BEGINNER THROUGH ADVANCES LEVEL STUDENTS AGES 3.5 TO ADULT TO STUDY SUZUKI VIOLIN, DIGITAL MUSIC PRODUCTION, PIANO, KEYBOARD, VIOLIN, GUITAR, BASS, VOICE, WOODWINDS, BRASS, DRUM, BALLET, TAP, MODERN, HIP HOP, AFRICAN, AND CREATIVE MOVEMENT IN PRIVATE AND GROUP CLASSES. MORE THAN 500 STUDENTS ATTEND OVER 190 CLASSES WEEKLY IN ADDITION TO PERFORMANCES AND EDUCATIONAL PRESENTATIONS FOR AN AUDIENCE OF MORE THAN 4000 MEMBERS AND SCHOOL GROUPS. FREE COMMUNITY FITNESS CLASSES ARE ALSO PROVIDED. AN AUDIANCE OF MORE THAN 2000 MEMBERS AND SCHOOL GROUPS.

Program 2

Expenses: $168,286 Revenue: $0

UNIVERSAL PRE-KINDERGARDEN PROGRAM - UNDER CONTRACT WITH THE NYC DEPARTMENT OF EDUCATION, MIND-BUILDERS OFFERS FREE FULL-DAY PRE-K TO 18 CHILDREN MONDAY-FRIDAY DURING THE SCHOOL YEAR.

Program 3

Expenses: $177,733 Revenue: $0

POSITIVE YOUTH TROUPE THEATER PROGRAM PROVIDES FREE TRAINING FOR YOUTH AND ADULTS THROUGH SUMMER WORKSHOPS AND AFTER SCHOOL CLASSES IN ACTING, IMPROVIZATION, AND MUSICAL THEATER AND PUBLIC...

POSITIVE YOUTH TROUPE THEATER PROGRAM PROVIDES FREE TRAINING FOR YOUTH AND ADULTS THROUGH SUMMER WORKSHOPS AND AFTER SCHOOL CLASSES IN ACTING, IMPROVIZATION, AND MUSICAL THEATER AND PUBLIC PERFORMANCES. MORE THAN 30 STUDENTS PARTICIPATE ANNUALLY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$86,449

Total Directors

Key Employees

Highest Compensated

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