Mint Inc
- Assets
- $127.5k
- Revenue
- $287.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Atlanta, GA
- Founding
- 02/2009
- Data as of
- 06/2020
- EIN
- 71-1011962
Organization Overview
Mint Inc is located in Atlanta, GA. The organization was established in 2009. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2020, Mint Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mint 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 06/2020, Mint Inc generated $287.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.1% each year . All expenses for the organization totaled $263.7k during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
MINT'S MISSION IS TO MAKE ATLANTA A DESTINATION FOR THE ARTS: A CULTURAL HUB WHERE ARTISTS THRIVE, PATRONS EXPERIENCE TRANSFORMATIVE WORK, AND COMMUNITIES ARE ACTIVATED AND ENGAGED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEAP YEAR IS MINT'S FLAGSHIP PROGRAM, HAVING SERVED 20 ARTISTS SINCE 2011. EACH YEAR A SELECTION PANEL OF ATLANTA ARTS LEADERS REVIEW APPLICATIONS SUBMITTED BY OVER 50 VISUAL ARTISTS FROM ACROSS THE CITY. THE PANEL SELECTS FIVE DIVERSE, EMERGING ARTISTS FROM THE ATLANTA AREA TO PARTICIPATE IN THE YEAR-LONG FELLOWSHIP PROGRAM. MINT PROVIDES THE ARTISTS WITH: DEDICATED STUDIO SPACE FOR SIX MONTHS; A TWO-WEEK RESIDENCY AT THE HAMBRIDGE CENTER; OPPORTUNITIES FOR PUBLIC ART AND COMMUNITY ENGAGEMENT; COMPLIMENTARY MEMBERSHIPS TO C4 ATLANTA, ATLANTA CONTEMPORARY, AND MOCA GA; STUDIO VISITS WITH RENOWED GUESTS CURATORS AND CRITICS; AN ESTABLISHED ATLANTA-BASED ARTIST TO SERVE AS A MENTOR; AND A SOLO EXHIBITION. ALL ARTISTS WHO PARTICIPATE IN OUR RESIDENCY PROGRAM ARE PAID A CASH STIPEND.
MINT IS PROUD TO OFFER UP TO 25 EXHIBITIONS A YEAR. THESE INCLUDE, BUT ARE NOT LIMITED TO OUR ANNUAL JURIED EXHIBITION FOR EMERGING ARTISTS, OUR TWICE-YEARLY POSTCARD PIN-UP SHOWS, AND OUR ANNUAL INVITATIONAL. IN ADDITION TO THESE ONGOING EXHIBITIONS, MINT ALWAYS HAS AT LEAST ONE ACTIVE SHOW IN ONE OF ITS THREE GALLERY SPACES THROUGH OUT THE YEAR.
MINT'S INTERN PROGRAM IS DESIGNED TO GIVE STUDENTS, ARTISTS, AND ASPIRING ARTS PROFESSIONALS AN OPPORTUNITY TO GAIN SKILLS AND EXPERIENCES IN A GALLERY AND ARTS NONPROFIT SETTING. MINTERNS WORK CLOSELY WITH MINT STAFF AND LEADERSHIP IN ALL AREAS OF THE ORGANIZATION, INCLUDING GALLERY MANAGEMENT, EXHIBITION INSTALLATION, SOCIAL MEDIA STRATEGY, FUNDRAISING AND PROGRAM DEVELOPMENT. MINTERNS ARE INVITED TO PARTICIPATE IN THE STUDIO ARTIST COMMUNITY, HAVE A SMALL STUDIO SPACE AT MINT, AND HAVE MULTIPLE OPPORTUNITIES TO SHOW THEIR WORK AT MINT INCLUDING A CULMINATING GROUP EXHIBITION. THE INTERN PROGRAM TIES INTO MINT'S MISSION TO SUPPORT AND ENGAGE THE CREATIVE COMMUNITY AT ALL LEVELS OF DEVELOPMENT.
LEAP YEAR IS MINT'S FLAGSHIP PROGRAM, HAVING SERVED 20 ARTISTS SINCE 2011. EACH YEAR A SELECTION PANEL OF ATLANTA ARTS LEADERS REVIEW APPLICATIONS SUBMITTED BY OVER 50 VISUAL ARTISTS FROM ACROSS THE CITY. THE PANEL SELECTS FIVE DIVERSE, EMERGING ARTISTS FROM THE ATLANTA AREA TO PARTICIPATE IN THE YEAR-LONG FELLOWSHIP PROGRAM. MINT PROVIDES THE ARTISTS WITH: DEDICATED STUDIO SPACE FOR SIX MONTHS; A TWO-WEEK RESIDENCY AT THE HAMBRIDGE CENTER; OPPORTUNITIES FOR PUBLIC ART AND COMMUNITY ENGAGEMENT; COMPLIMENTARY MEMBERSHIPS TO C4 ATLANTA, ATLANTA CONTEMPORARY, AND MOCA GA; STUDIO VISITS WITH RENOWED GUESTS CURATORS AND CRITICS; AN ESTABLISHED ATLANTA-BASED ARTIST TO SERVE AS A MENTOR; AND A SOLO EXHIBITION. ALL ARTISTS WHO PARTICIPATE IN OUR RESIDENCY PROGRAM ARE PAID A CASH STIPEND.
MINT IS PROUD TO OFFER UP TO 25 EXHIBITIONS A YEAR. THESE INCLUDE, BUT ARE NOT LIMITED TO OUR ANNUAL JURIED EXHIBITION FOR EMERGING ARTISTS, OUR TWICE-YEARLY POSTCARD PIN-UP SHOWS, AND OUR ANNUAL INVITATIONAL. IN ADDITION TO THESE ONGOING EXHIBITIONS, MINT ALWAYS HAS AT LEAST ONE ACTIVE SHOW IN ONE OF ITS THREE GALLERY SPACES THROUGH OUT THE YEAR.
MINT'S INTERN PROGRAM IS DESIGNED TO GIVE STUDENTS, ARTISTS, AND ASPIRING ARTS PROFESSIONALS AN OPPORTUNITY TO GAIN SKILLS AND EXPERIENCES IN A GALLERY AND ARTS NONPROFIT SETTING. MINTERNS WORK CLOSELY WITH MINT STAFF AND LEADERSHIP IN ALL AREAS OF THE ORGANIZATION, INCLUDING GALLERY MANAGEMENT, EXHIBITION INSTALLATION, SOCIAL MEDIA STRATEGY, FUNDRAISING AND PROGRAM DEVELOPMENT. MINTERNS ARE INVITED TO PARTICIPATE IN THE STUDIO ARTIST COMMUNITY, HAVE A SMALL STUDIO SPACE AT MINT, AND HAVE MULTIPLE OPPORTUNITIES TO SHOW THEIR WORK AT MINT INCLUDING A CULMINATING GROUP EXHIBITION. THE INTERN PROGRAM TIES INTO MINT'S MISSION TO SUPPORT AND ENGAGE THE CREATIVE COMMUNITY AT ALL LEVELS OF DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory Klose Executive Director | Officer | 40 | $47,769 |
Jessica Helfrecht Program Director | Officer | 40 | $35,897 |
Anne Weems Board Member | OfficerTrustee | 1 | $0 |
Victor Wilson Board Treasurer | OfficerTrustee | 8 | $0 |
Sara Clark Board Vice Chair | Trustee | 5 | $0 |
Nicole Morado Board Chair | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $223,262 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,850 |
| 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 | $287,023 |
| Statement of Expenses | |
|---|---|
| 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. | $67,634 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,581 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,500 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,424 |
| Office expenses | $11,501 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,250 |
| Travel | $83 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,801 |
| Insurance | $2,575 |
| All other expenses | $0 |
| Total functional expenses | $263,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,471 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $127,471 |
| Accounts payable and accrued expenses | $6,711 |
| 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 | $65,700 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,940 |
| Total liabilities | $77,351 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $50,120 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mint Inc has recieved totaling $37,485.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: ARTS/CULTURE/HUMANITIES | $20,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $11,369 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,116 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of The Four Arts Palm Beach, FL | $121,173,909 | $24,597,391 |
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Spoleto Festival U S A Charleston, SC | $23,626,585 | $7,325,323 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
Irma And Norman Braman Art Foundation Miami, FL | $27,200,000 | -$200,000 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Korean Martial Arts Culture & Education Foundation Inc Hollywood, FL | $530,186 | $4,469,417 |
Arts Center Of Coastal Carolina Hilton Head Island, SC | $10,441,766 | $4,547,581 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |