Brave New Institute
- Assets
- $19.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Deephaven, MN
- Founding
- 12/1998
- Data as of
- 12/2023
- EIN
- 41-1872827
Organization Overview
Brave New Institute is located in Deephaven, MN. The organization was established in 1998. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Brave New Institute employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brave New Institute 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, Brave New Institute generated $3.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (36.8%) each year. All expenses for the organization totaled $2.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (41.0%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
TRAINING IN IMPROVISATIONAL ACTING, WRITING, AND PRODUCING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenni Lilledahl President | 3 | $0 | |
John Sweeney Treasurer | 0.5 | $0 | |
Howard Dallin Director | 0.1 | $0 | |
Lorna Landvik Director | 0.1 | $0 | |
Peter Tolan Director | 0.1 | $0 | |
Jim Wadsworth Sr Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $208 |
| Total Program Service Revenue | $1,500 |
| Membership dues | $0 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,288 |
| Total Revenue | $3,021 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,341 |
| Total expenses | $2,341 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,614 |
| Other assets | $0 |
| Total assets | $19,611 |
| Total liabilities | $12,250 |
| Net assets or fund balances | $7,361 |