Marcus Graham Project
- Assets
- $1.3m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/2010
- Data as of
- 12/2023
- EIN
- 27-1172238
Organization Overview
Marcus Graham Project is located in Dallas, TX. The organization was established in 2010. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marcus Graham Project 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 12/2023, Marcus Graham Project generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $934.9k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MGP IS A NETWORK OF DIVERSE PROFESSIONALS THAT HAVE PURPOSES THEMSELVES IN DEVELOPING THE NEXT GENERATION OF THOUGHT LEADERSHIP WITHIN ADVERTISING, MEDIA AND MARKETING INDUSTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LARGEST PROGRAM IS THE ICR8 SUMMER & WINTER BOOT CAMP PROGRAM. ITS PRIMARY PURPOSE IS TO PROVIDE DIVERSE ASPIRANTS IN THE FIELD OF ADVERTISING AND MARKETING WITH THE EXPOSURE AND EXPERIENCE NECESSARY TO SOLIDIFY CAREERS WITHIN THE ADVERTISING, MEDIA AND MARKETING INDUSTRY.
THE SECOND LARGEST PROGRAM IS THE ICR8 WORKSHOP. THIS IS AN ANNUAL SPORTS MARKETING WORKSHOP PROVIDED AT NO COST TO PARTICIPANTS. THE PROGRAM PROVIDES A DIVERSE GROUP OF ROUGHLY 30 PARTICIPANTS EXPOSURE AND NETWORKING WITH LEADERS WITHIN THE MARKETING, MEDIA AND ADVERTISING INDUSTRY.
THE THIRD LARGEST PROGRAM IS THE SOUND BITE PROGRAM WHICH IS A NATIONAL MGP ALUMNI INITIATIVE COMPRISED OF NETWORKING OPPORTUNITIES THAT WERE CREATED TO GIVE PROGRAM ALUMNI A CHANCE TO CONNECT FACE TO FACE. THEY INVOLVE "LUNCH AND LEARN" STYLE FORUMS AND "SMALL-GROUP" GATHERINGS WHERE ALUMNI AND NETWORK MEMBERS CONNECT OVER RELEVANT ISSUES, TO AID IN THE ADVANCEMENT OF LEADERSHIP POTENTIAL AND FORGING LASTING RELATIONSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lincoln Stephens Co-Founder | Officer | 40 | $0 |
Nancy Hill Director | Officer | 1 | $0 |
Cathy Brown Director | Officer | 1 | $0 |
Cynthia Nevels Director | Officer | 1 | $0 |
Jason White Director | Officer | 1 | $0 |
Nakeisha S Ferguson Director | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,416,056 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,416,056 |
| Total Program Service Revenue | $0 |
| 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 | $1,416,056 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $29,769 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,380 |
| Fees for services: Accounting | $5,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $534,628 |
| Advertising and promotion | $26,879 |
| Office expenses | $15,933 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $276,492 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,132 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,601 |
| Insurance | $5,486 |
| All other expenses | $0 |
| Total functional expenses | $934,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $507,049 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $583,277 |
| Investments—publicly traded securities | $107,168 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $105,240 |
| Total assets | $1,302,734 |
| Accounts payable and accrued expenses | $0 |
| 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 | $821,990 |
| Total liabilities | $821,990 |
| Net assets without donor restrictions | $480,744 |
| Net assets with donor restrictions | $0 |
| 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 | $1,302,734 |