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 06/2022, Big Thought employed 92 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 06/2022, Big Thought generated $10.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $9.7m during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 7 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
2022
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
AT BIG THOUGHT, WE BELIEVE THAT ALL YOUTH HAVE INNATE GREATNESS. OUR NORTH STAR: ALL YOUTH ARE EQUIPPED TO IMAGINE AND CREATE THEIR BEST LIVES AND WORLD. DRIVEN BY OUR MISSION TO MAKE IMAGINATION A PART OF EVERYDAY LEARNING, BIG THOUGHT IS A SOCIAL IMPACT ENTERPRISE THAT FOCUSES ON YOUTH DEVELOPMENT BY PREPARING YOUNG CREATORS WITH THE SKILLS AND RESOURCES THEY NEED FOR THE 21ST CENTURY WORKPLACE. WE EXIST TO EMPOWER AND EQUIP YOUTH TO CREATE GREAT WE'RE CREATING CREATORS. AT BIG THOUGHT, WE PROVIDE THE SPACE AND AGENCY TO SUPPORT YOUNG CREATORS THROUGH OUR PROGRAMS AND PARTNERSHIPS, WHICH ARE POWERED BY OUR DEDICATED RESEARCH AND DEVELOPMENT TEAM THAT ENABLES US TO DESIGN HIGH QUALITY EVIDENCE-BASED PROGRAMS, MEASURE OUR IMPACT, AND EXPAND OUR REACH. THROUGHOUT OUR 30+ YEAR HISTORY OF INNOVATION, BIG THOUGHT HAS BECOME AN AWARD-WINNING NATIONAL MODEL IN ARTS EDUCATION, OUT OF SCHOOL TIME SYSTEMS, SUMMER LEARNING AND JUVENILE JUSTICE INTERVENTION. NOW, WE'RE ONE OF SIX 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 WELLBEING AND,3. 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 TOSERVE COMMUNITIES WITH THE GREATEST NEED. BIG THOUGHT PROGRAMS REACH ON AVERAGE OVER6,700 STUDENTS FOR MORE THAN 219,000 LEARNING HOURS ANNUALLY.2. LEARNING SYSTEMS. WE DO THIS BY STRATEGICALLY CONNECTING PARTNERS AND RESOURCES ACROSS THECITY TO CREATE LEARNING SYSTEMS THAT ADDRESS THESE THEMES. BIG THOUGHT LEARNING SYSTEMSREACH ON AVERAGE OVER 120,000 STUDENTS FOR MORE THAN 2.1 MILLION LEARNING HOURS ANNUALLY.3. POWERED BY BIG THOUGHT, BIG THOUGHT INSTITUTE (BTI) IS AN INNOVATIVE PARTNER THAT ENABLES ORGANIZATIONS TO EXPAND THEIR CAPACITY TO BUILD CREATIVITY, DEVELOP 21ST CENTURY SKILLS, AND DELIVER UNIQUE LEARNING EXPERIENCES. BTI PROVIDES PROFESSIONAL LEARNING, CONSULTING, DESIGN AND RESEARCH-BASED SERVICES TO EMPOWER OUR CLIENTS TO EFFECTIVELY TEACH, DEVELOP AND CREATE. WE LEVERAGE EVIDENCE-BASED BEST PRACTICES IN CREATIVITY AND LEARNING SYSTEMS THAT HAVE BEEN ESTABLISHED OVER 30 YEARS. BTI SERVES OVER 20 CLIENTS ANNUALLY AND DELIVERS TRAINING TO OVER 1,900 INDIVIDUALS ANNUALLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Byron K Sanders President & CEO | Officer | 40 | $221,292 |
Glenn Baldwin CFO | Officer | 40 | $171,313 |
Erin Offord Chief Prog Sys Off | 40 | $132,140 | |
Gregory Macpherson Chief Bti Officer | 40 | $117,215 | |
Karim Virani Director Of It | 40 | $112,635 | |
Vana Hammond Parham Director | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Connective Agency Tx Llc Marketing | 6/29/22 | $129,622 |
Northwestern University Platform Manager | 6/29/22 | $150,000 |
Southern Methodist University Research Project | 6/29/22 | $125,184 |
Strategic Focus Education Services Peo | 6/29/22 | $109,199 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,937,458 |
All other contributions, gifts, grants, and similar amounts not included above | $6,415,130 |
Noncash contributions included in lines 1a–1f | $2,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,352,588 |
Total Program Service Revenue | $2,322,287 |
Investment income | $822 |
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 | $10,675,697 |
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. | $469,090 |
Compensation of current officers, directors, key employees. | $279,392 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,911,704 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $375,260 |
Payroll taxes | $407,363 |
Fees for services: Management | $0 |
Fees for services: Legal | $525 |
Fees for services: Accounting | $22,485 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $138,578 |
Advertising and promotion | $145,593 |
Office expenses | $38,789 |
Information technology | $260,050 |
Royalties | $0 |
Occupancy | $282,363 |
Travel | $141,721 |
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 | $52,239 |
Insurance | $90,618 |
All other expenses | $76,291 |
Total functional expenses | $9,739,647 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,631,944 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $162,357 |
Accounts receivable, net | $600,365 |
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 | $63,672 |
Net Land, buildings, and equipment | $123,240 |
Investments—publicly traded securities | $1,780,564 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,362,142 |
Accounts payable and accrued expenses | $893,215 |
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 | $0 |
Other liabilities | $521,463 |
Total liabilities | $1,414,678 |
Net assets without donor restrictions | $2,922,464 |
Net assets with donor restrictions | $25,000 |
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 | $4,362,142 |