Brave New Institute
- Assets
- $16.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Minneapolis, MN
- Founding
- 12/1998
- Data as of
- 12/2021
- EIN
- 41-1872827
Organization Overview
Brave New Institute is located in Minneapolis, 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 12/2021, 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 12/2021, Brave New Institute generated $17.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.9%) each year. All expenses for the organization totaled $4.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (43.7%) per year over the past 7 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
2021
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 | 10 | $0 | |
Howard Dallin Director | 0.1 | $0 | |
Lorna Landvik Director | 0.1 | $0 | |
Peter Tolan Director | 0.1 | $0 | |
John Sweeney Treasurer | 2 | $0 | |
Jim Wadsworth Sr Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $713 |
| Total Program Service Revenue | $11,000 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,444 |
| Total Revenue | $17,158 |
| 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 | $3,349 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,549 |
| Total expenses | $4,898 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,844 |
| Other assets | $0 |
| Total assets | $16,528 |
| Total liabilities | $23,674 |
| Net assets or fund balances | -$7,146 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Brave New Institute has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Players Theatre Of Wisconsin Inc Spring Green, WI | $23,897,771 | $10,669,807 |
Hennepin Theatre Tr Minneapolis, MN | $22,588,604 | $4,825,873 |
Pabst Theater Foundation Inc Milwaukee, WI | $14,353,453 | $8,621,639 |
First Stage Milwaukee Inc Performing Arts Center Milwaukee, WI | $6,621,805 | $4,479,947 |
Duluth Playhouse Inc Duluth, MN | $18,649,161 | $3,003,530 |
Stages Theatre Company Inc Hopkins, MN | $3,890,708 | $3,759,025 |
Playwrights Center Inc Minneapolis, MN | $3,908,050 | $3,263,756 |
Childrens Theater Of Madison Inc Madison, WI | $744,521 | $1,901,804 |
Englert Civic Theatre Inc Non Profit Iowa City, IA | $7,526,488 | $2,477,327 |
Northern Prairie Performing Arts Fargo, ND | $4,316,249 | $3,798,008 |
Des Moines Community Playhouse Des Moines, IA | $9,934,545 | $1,796,377 |
Forward Theater Company Madison, WI | $2,539,546 | $1,526,795 |