Myers & Briggs Foundation Inc
- Assets
- $12.8m
- Revenue
- $3.7m
- Investments
- $2.4m
- Employees
- 14
- Location
- Gainesville, FL
- Founding
- 03/1989
- Data as of
- 12/2023
- EIN
- 59-2794573
Organization Overview
Myers & Briggs Foundation Inc is located in Gainesville, FL. The organization was established in 1989. According to its NTEE Classification (V20) the organization is classified as: Social Science, under the broad grouping of Social Science and related organizations. As of 12/2023, Myers & Briggs Foundation Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Myers & Briggs Foundation Inc 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, Myers & Briggs Foundation Inc generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 20.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
MYERS & BRIGGS FOUNDATION'S MISSION, AS A NOT-FOR-PROFIT ORGANIZATION, IS TO EXTEND AND TEACH THE ACCURATE UNDERSTANDING OF THE PRACTICAL APPLICATIONS OF THE C.G. JUNG'S THEORY OF PSYCHOLOGICAL TYPES, WHICH SHOWS HOW OUR DIFFERENCES IN EXPERIENCING EVENTS AND MAKING DECISIONS CAN BE VALUABLE RATHER THAN DIVISIVE AND CAN BE USED CONSTRUCTIVELY TO PROMOTE PERSONAL DEVELOPMENT, TO MANAGE CONFLICT, AND TO INCREASE HUMAN UNDERSTANDING WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKSHOPS/CONSULTATIONS PROVIDE TRAINING AND EDUCATION OF THE THEORY AND APPLICATIONS OF THE MYERS-BRIGGS TYPE INDICATOR AND TYPOLOGY. APPROXIMATELY 561 INDIVIDUALS (INCLUDING TEACHERS, COUNSELORS, PSYCHOLOGISTS, ADMINISTRATORS, ETC.) WERE PROVIDED WITH THE TRAINING AND EDUCATION RELATED TO THE MBTI DURING 2023. THESE PEOPLE IN TURN USE THIS NEWFOUND KNOWLEDGE IN THEIR FUTURE ENDEAVORS.
OTHER EXPENSES AND REVENUES INCLUDE THOSE ASSOCIATED WITH THE MASTER PRACTITIONER CREDENTIAL PROGRAM (MPCP), SALES OF INVENTORY, AND OTHER MISCELLANEOUS COSTS AND REVENUES THAT SERVE THE GOALS OF MBF. DURING 2023, APPROXIMATELY 6 PEOPLE WERE CERTIFIED ACCORDING TO THE GUIDELINES OF THE MPCP CERTIFICATION PROGRAM.
MBF RESEARCH SERVICES PROVIDES PROFESSIONAL ASSISTANCE, DATA AND RESOURCES FOR ANYONE DOING RESEARCH INVOLVING THE MYERS-BRIGGS TYPE INDICATOR INSTRUMENT. DURING 2023, WE RESPONDED TO 235 REFERENCE QUESTIONS. THESE INCLUDE RESEARCH INQUIRIES, DATA, AND REFERRALS FOR MBF PUBLICATIONS. RESEARCH SERVICES MAINTAINED THE MBF LIBRARY AND ACQUIRED NEW MATERIALS FOR THE COLLECTION. THEY ALSO CONTINUED LIAISONS WITH ORGANIZATIONS THAT PROVIDE OPPORTUNITIES FOR RESEARCHERS TO PRESENT THEIR FINDINGS OR SEEK FUNDING. RESEARCH SERVICES CREATED AN OPAC (ONLINE ACCESS PUBLIC CATALOG) CALLED THE MILO CATALOG. THERE WERE APPROXIMATELY 165 NEW ITEMS CATALOGED IN MILO DURING 2023.
CASE PROCESSING PROVIDES COMPUTER SCORING OF THE MYERS-BRIGGS TYPE INDICATOR AND ALSO GENERATES A DATA BANK FOR RESEARCH. APPROXIMATELY 37 SHEETS AND 99 ONLINE TESTS WERE SCORED DURING 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Enting Chairman And CEO | OfficerTrustee | 40 | $148,500 |
Sondra Van Sant Vice Chairman | OfficerTrustee | 1 | $0 |
Michele Heisler Secretary | OfficerTrustee | 1 | $0 |
Hugh Heisler Director | Trustee | 1 | $0 |
Laura Genovese Director, Until 1/16/2023 | Trustee | 1 | $0 |
Gregory Adams Director Of Finance/hr | Officer | 40 | $78,990 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,737,239 |
| Investment income | $48,372 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,672,128 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $175,937 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $73,675 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,707,351 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $268,321 |
| Compensation of current officers, directors, key employees. | $268,321 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $737,262 |
| Pension plan accruals and contributions | $18,999 |
| Other employee benefits | $228,063 |
| Payroll taxes | $75,688 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $51,548 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,666 |
| Fees for services: Other | $129,166 |
| Advertising and promotion | $25,328 |
| Office expenses | $13,202 |
| Information technology | $4,598 |
| Royalties | $128,381 |
| Occupancy | $103,560 |
| Travel | $22,513 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,818 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,769 |
| Insurance | $51,565 |
| All other expenses | $0 |
| Total functional expenses | $2,858,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,882,749 |
| Savings and temporary cash investments | $1,298,229 |
| 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 | $174,406 |
| Prepaid expenses and deferred charges | $2,454 |
| Net Land, buildings, and equipment | $1,779,885 |
| Investments—publicly traded securities | $2,230,427 |
| Investments—other securities | $2,392,277 |
| Investments—program-related | $0 |
| Intangible assets | $77,894 |
| Other assets | $220 |
| Total assets | $12,838,541 |
| Accounts payable and accrued expenses | $48,133 |
| Grants payable | $0 |
| Deferred revenue | $87,819 |
| 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 | $145,017 |
| Total liabilities | $280,969 |
| Net assets without donor restrictions | $12,557,572 |
| 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 | $12,838,541 |
Grants Awarded
Over the last fiscal year, Myers & Briggs Foundation Inc has awarded $387,083 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR APPLICATIONS OF PSYCHOLOGICAL TYPE INC PURPOSE: EDUCATIONAL TRAINING AND RESEARCH RELATED TO PSYCHOLOGICAL TYPE | $277,083 |
UNIVERSITY OF FLORIDA FOUNDATION PURPOSE: GRANT TO FUND ARCHIVE DIGITIZATION PROJECT | $110,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Myers & Briggs Foundation Inc Gainesville, FL | $12,838,541 | $3,707,351 |
Georgia Public Policy Foundation Inc Atlanta, GA | $925,423 | $1,016,709 |
Caring Fields Felines Palm City, FL | $1,815,985 | $623,240 |
Frank W Norris Foundation Athens, GA | $1,160,198 | $749,165 |
Georgia Council For Social Sciences Avondale Est, GA | $85,758 | $263,320 |
Perspectives Of Freedom Foundation Inc Pompano Beach, FL | $163,761 | $0 |
Florand Research Foundation Inc Gainesville, FL | $2,252,509 | $25,433 |
Elliot Institute For Social Sciences Research Gulf Breeze, FL | $120,395 | $0 |
Destin 50 Beach Ultra Destin, FL | $54,631 | $0 |