Big Thought is located in Dallas, TX. The organization was established in 1987. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Big Thought employed 196 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Thought 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 06/2021, Big Thought generated $9.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $7.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF BIG THOUGHT IS TO MAKE IMAGINATION A PART OF EVERYDAY LEARNING. WE BRING RELENTLESS OPTIMISM, INNOVATION, AND IMAGINATION TO THE BIGGEST PROBLEM FACING EDUCATION TODAY: THE OPPORTUNITY GAP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DRIVEN BY OUR MISSION TO MAKE IMAGINATION A PART OF EVERYDAY LEARNING, BIG THOUGHT IS AN IMPACT EDUCATION NONPROFIT DEDICATED TO CLOSING THE OPPORTUNITY GAP FOR YOUTH IN DALLAS AND BEYOND. FOUNDED IN 1987 BY DALLAS CIVIC LEADERS EDITH O'DONNELL AND MITCH JERICHO AS AN AFFILIATE OF YOUNG AUDIENCES, THE ORGANIZATION BEGAN INNOVATING EDUCATION FROM ITS INCEPTION BY BRINGING ARTS AND CULTURAL PERFORMANCES INTO CLASSROOMS AT A TIME WHEN THE ARTS HAD BEEN MARGINALIZED OR EVEN ELIMINATED FROM PUBLIC SCHOOL CURRICULA. THE ORGANIZATION SOON GREW TO SERVE CHILDREN, EDUCATORS, AND FAMILIES IN MORE WAYS THAN ITS FOUNDERS EVER IMAGINED. IN 2004, THE NAME BIG THOUGHT WAS ADOPTED TO REFLECT THE BROADENED SCOPE AND VISION.THROUGHOUT OUR 35+ YEAR HISTORY OF INNOVATION, BIG THOUGHT HAS BECOME A NATIONAL MODEL IN ARTS EDUCATION, OUT OF SCHOOL TIME SYSTEMS, SUMMER LEARNING AND JUVENILE JUSTICE INTERVENTION. NOW WE'RE ONE OF 6 COMMUNITY PARTNERSHIPS IN THE U.S. HELPING SCALE NATIONAL BEST PRACTICES IN SOCIAL AND EMOTIONAL LEARNING.AT OUR CORE, WE EMPOWER YOUTH TO 1. BUILD THEIR CREATIVE MUSCLE, 2. DEVELOP SOCIAL AND EMOTIONAL SKILLS AND WELLBEING3. CREATE THEIR AUTHENTIC VOICE. BIG THOUGHT IMPLEMENTS THREE APPROACHES TO DELIVER THIS WORK:1. DIRECT TO YOUTH PROGRAMS. WE DEVELOP AND DELIVER HIGH QUALITY CURRICULUM AND PROGRAMS TO SERVE COMMUNITIES WITH THE GREATEST NEED. BIG THOUGHT PROGRAMS REACH OVER 16,000 STUDENTS FOR MORE THAN 321,000 LEARNING HOURS EACH YEAR.2. LEARNING SYSTEMS. WE DO THIS BY STRATEGICALLY CONNECTING PARTNERS AND RESOURCES ACROSS THE CITY TO CREATE LEARNING SYSTEMS THAT ADDRESS THESE THEMES. BIG THOUGHT LEARNING SYSTEMS REACH OVER 137,000 STUDENTS FOR MORE THAN 3.7MILLION LEARNING HOURS EACH YEAR.3. BIG THOUGHT INSTITUTE. WE OBSESS OVER RESEARCH, DEVELOPMENT AND DESIGN, ENSURING THAT WE ARE EVALUATING AND ENHANCING OUR WORK YEAR AFTER YEAR. FURTHER, WE TAKE OUR EVIDENCE-BASED BEST PRACTICES AND LEARNINGS AND SHARE THEM WITH OTHER NON-PROFITS AND ORGANIZATIONS THROUGH CONSULTING, PROFESSIONAL DEVELOPMENT AND PROGRAM DESIGN SERVICES.HOW WE IMPLEMENT THESE PROGRAMS IS WHAT MAKES US UNIQUELY EFFECTIVE. THE BIG THOUGHT TEAM AND PARTNERS ARE ABLE TO ACHIEVE SUCCESS IN OUR COMMUNITY THROUGH OUR SOCIAL AND EMOTIONAL FOCUS, EXPERIENTIAL LEARNING, COMMUNITY-CENTERED PARTNERSHIPS, EQUITY LENS AND FUTURE FOCUS.BIG THOUGHTS UNIQUE APPROACH COMES ALIVE IN THE FOLLOWING IMPLEMENTATIONS: WEVE POSITIONED YOUTH AS EQUAL PARTNERS IN GEOGRAPHIC/LOCAL EXPANSION OF BIG THOUGHT DIRECT-TO-YOUTH PROGRAMS SO THAT THESE SYSTEMS ARE MORE EFFECTIVE, AND PROGRAMS ARE ESTABLISHED WITH A RACIAL EQUITY LENS. WE ADVOCATE ON ISSUES AND POLICY CHANGES RELATED TO RACIAL AND ECONOMIC EQUITY. WE RAISE AWARENESS OF CREATIVITY AS WORKPLACE SKILL AND ADVOCATE TO EMBED IN HUMAN CAPITAL DEVELOPMENT INSTITUTIONS. WE SCALE BEST PRACTICES TO KEY INSTITUTIONS AND SYSTEMS THROUGH CONSULTING, TECHNICAL ASSISTANCE, PROFESSIONAL DEVELOPMENT AND CURRICULUM DESIGN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Byron K Sanders President & CEO | Officer | 40 | $220,500 |
Jessica Malek-Thru 62021 Chief Strategy Officer | 40 | $181,073 | |
Glenn Baldwin CFO | Officer | 40 | $166,926 |
Amanda Rainey-Thru 42021 Chief Adv. Officer | 40 | $147,693 | |
Erin Offord Senior Director | 40 | $129,605 | |
Gregory Macpherson Senior Director | 40 | $111,947 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Southern Methodist University Research Project | 6/29/21 | $112,587 |
Dallas Afterschool Network Community Resources | 6/29/21 | $170,397 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,801,838 |
All other contributions, gifts, grants, and similar amounts not included above | $5,262,940 |
Noncash contributions included in lines 1a–1f | $4,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,064,778 |
Total Program Service Revenue | $2,160,754 |
Investment income | $259 |
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 | $9,225,791 |
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. | $601,402 |
Compensation of current officers, directors, key employees. | $410,893 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,431,967 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $358,686 |
Payroll taxes | $305,880 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,729 |
Fees for services: Accounting | $24,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $70,609 |
Advertising and promotion | $116,904 |
Office expenses | $9,794 |
Information technology | $245,617 |
Royalties | $0 |
Occupancy | $192,955 |
Travel | $9,609 |
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 | $49,575 |
Insurance | $77,060 |
All other expenses | $34,365 |
Total functional expenses | $7,338,089 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $955,104 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $434,199 |
Accounts receivable, net | $68,782 |
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 | $8,263 |
Net Land, buildings, and equipment | $118,124 |
Investments—publicly traded securities | $3,580,193 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,164,665 |
Accounts payable and accrued expenses | $932,920 |
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 | $1,069,600 |
Other liabilities | $1,150,731 |
Total liabilities | $3,153,251 |
Net assets without donor restrictions | $2,011,414 |
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 | $5,164,665 |
Over the last fiscal year, we have identified 1 grants that Big Thought has recieved totaling $150,000.
Awarding Organization | Amount |
---|---|
Addy Foundation Dallas, TX PURPOSE: EDUCATION | $150,000 |
Organization Name | Assets | Revenue |
---|---|---|
Big Thought Dallas, TX | $5,164,665 | $9,225,791 |
Southwest School Of Art San Antonio, TX | $10,498,026 | -$15,382,277 |
Fab Lab Tulsa Inc Tulsa, OK | $905,994 | $2,260,190 |
Young Audiences Of Louisiana Inc New Orleans, LA | $2,693,862 | $4,571,020 |
Us Biennial Inc New Orleans, LA | $1,914,538 | $2,330,262 |
Santa Fe School For The Arts Santa Fe, NM | $4,340,717 | $1,902,890 |
Oklahoma Arts Institute Oklahoma City, OK | $2,532,394 | $1,383,952 |
Community Works Of Louisiana New Orleans, LA | $370,788 | $1,210,221 |
Multicultural Education And Counseling Through The Arts Houston, TX | $4,644,101 | $2,037,486 |
School Of Design New Orleans, LA | $1,895,558 | $1,072,625 |
Youth Oasis Baton Rouge, LA | $394,453 | $1,019,110 |
Art League Of Houston Houston, TX | $910,841 | $1,126,374 |