The Brandlab is located in Minneapolis, MN. The organization was established in 2008. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Brandlab employed 139 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brandlab 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, Brandlab generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $2.1m during the year ending 06/2022. While expenses have increased by 23.5% 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
TO CHANGE THE FACE AND VOICE OF THE MARKETING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE AND BEYOND (CAB) THE COLLEGE AND BEYOND PROGRAM PROVIDES YEAR-ROUND PROGRAMMING - FROM SKILLS TRAINING LIKE RESUME WORKSHOPS AND SPEED NETWORKING EVENTS TO MENTORSHIP FOR YOUNG PROFESSIONALS TO CONNECT WITH AN INDUSTRY LEADER AND FINANCIAL SCHOLARSHIPS OF OVER $30,000 AWARDED TO STUDENTS WHO HAVE PARTICIPATED IN ANY OF OUR PROGRAMS (AKA TBL ALUMS). TBL ALUMS ALSO ENGAGE IN LEADERSHIP OPPORTUNITIES THROUGH OUR CAB BOARD AN ALUM BOARD THAT INFLUENCES PROGRAMMING AND COMMUNICATION WITH THE BROADER TBL NETWORK. OUR ALUM NETWORK IS A GROWING GROUP OF OVER 400.FELLOWSHIP (OR LABFELLOWS) THE LABFELLOWS PROGRAM IS AN EIGHT-MONTH PAID FELLOWSHIP WHERE IN FY22, 16 JOB-READY PEOPLE FROM INDIGENOUS, BLACK, BROWN, AAPI, OR HISPANIC/LATINX BACKGROUNDS GAIN EXPERIENCE WITHIN BOTH CORPORATE AND AGENCY MARKETING AND ADVERTISING TEAMS. FELLOWS ENGAGE IN REAL-WORLD WORK EXPERIENCES AS THEY BUILD SKILLS AND RELATIONSHIPS THAT PREPARE THEM TO ENTER THE WORKFORCE AND LAUNCH SUSTAINABLE CAREERS.
SPARK THE SPARK PROGRAM CREATES EXPOSURE TO CAREER PATHWAYS FOR HUNDREDS OF HIGH SCHOOL STUDENTS EACH YEAR. THE EXPERIENTIAL APPROACH COMBINES IN-CLASSROOM ENGAGEMENT OPPORTUNITIES WITH CAREER PANELS AND FIELD TRIPS TO INSPIRE THE NEXT GENERATION OF MARKETING AND ADVERTISING TALENT. IN FY22, WE EXPOSED OVER 1,500 YOUNG PEOPLE TO MARKETING & ADVERTISING CAREERS THROUGH SPARK PROGRAMMING. INTERNSHIPS WE CREATE ACCESS TO PAID INTERNSHIPS AT CREATIVE AGENCIES AND WITHIN CORPORATE MARKETING TEAMS FOR HIGH SCHOOL AND COLLEGE STUDENTS WORKING ON POST-SECONDARY EDUCATION. IN FY22, WE PROVIDED OVER 100 PAID INTERNSHIPS TO YOUNG PEOPLE, AGES 15-25, FROM INDIGENOUS, BLACK, BROWN, AAPI, OR HISPANIC/LATINX BACKGROUNDS. THE INTERNSHIPS PROVIDED ACCESS FOR THE INTERNS TO BUILD SKILLS, DEEPEN THEIR UNDERSTANDING OF CAREER PATHS, AND BUILD THAT FIRST PROFESSIONAL NETWORK.
FEARLESS THE FEARLESS PROGRAM AIMS TO SUPPORT THE DEI&B EFFORTS WITHIN OUR AGENCY AND CORPORATE PARTNERS WORKING TO CREATE EQUITY WHILE BUILDING MORE INCLUSIVE WORK, WORKERS, AND WORKPLACES. FEARLESS PROGRAMMING IS DELIVERED THROUGH THE BRANDLAB-FACILITATED WORKSHOPS AND DISCUSSIONS. IN FY22, WE FACILITATED OVER 20 WORKSHOPS WITH PARTNERS. WE ALSO CONTINUED OUR ANNUAL FEARLESS CONFERENCE. THE TWO-DAY VIRTUAL CONFERENCE BROUGHT TOGETHER OVER 200 PEOPLE ACROSS THE MARKETING AND ADVERTISING INDUSTRY, COMMUNITY, AND YOUTH TO EXPLORE HOW WE CAN COLLECTIVELY STRENGTHEN OUR COMMITMENTS AND ACTIONS FOR A MORE DIVERSE AND EQUITABLE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maggie Mccracken Cheif Executive Officer | Officer | 50 | $77,859 |
Mary Beth George Chair | OfficerTrustee | 2 | $0 |
Thomas Jefferson Vice Chair | OfficerTrustee | 1 | $0 |
Lorenz Esguerra Treasurer | OfficerTrustee | 1.5 | $0 |
Taylor Harris Secretary | Trustee | 1.5 | $0 |
Eric Ashworth Board Member | Trustee | 0.5 | $0 |
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 | $2,073,398 |
Noncash contributions included in lines 1a–1f | $7,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,073,398 |
Total Program Service Revenue | $128,488 |
Investment income | $1,724 |
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 | $2,203,610 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $38,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $125,000 |
Compensation of current officers, directors, key employees. | $50,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,294,772 |
Pension plan accruals and contributions | $6,438 |
Other employee benefits | $17,414 |
Payroll taxes | $133,305 |
Fees for services: Management | $0 |
Fees for services: Legal | $525 |
Fees for services: Accounting | $116,254 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $169,435 |
Advertising and promotion | $44,500 |
Office expenses | $25,541 |
Information technology | $25,564 |
Royalties | $0 |
Occupancy | $0 |
Travel | $22,956 |
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 | $0 |
Insurance | $16,869 |
All other expenses | $0 |
Total functional expenses | $2,104,292 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $965,674 |
Savings and temporary cash investments | $725,238 |
Pledges and grants receivable | $1,246,530 |
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 | $28,945 |
Net Land, buildings, and equipment | $19,550 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,985,937 |
Accounts payable and accrued expenses | $190,628 |
Grants payable | $51,193 |
Deferred revenue | $36,850 |
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 | $0 |
Total liabilities | $278,671 |
Net assets without donor restrictions | $1,248,468 |
Net assets with donor restrictions | $1,458,798 |
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 | $2,985,937 |
Over the last fiscal year, we have identified 6 grants that The Brandlab has recieved totaling $98,155.
Awarding Organization | Amount |
---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50,000 |
American Endowment Foundation Hudson, OH PURPOSE: YOUTH DEVELOPMENT | $25,000 |
Land O L Foundation St Paul, MN PURPOSE: COMMUNITY GRANTS | $20,000 |
Wal-Mart Foundation Bentonville, AR PURPOSE: EXECUTIVE MATCHING GIFT PROGRAM | $3,000 |
Yelp Foundation San Francisco, CA PURPOSE: MATCHING CONTRIBUTION MADE BY EMPLOYEE OF YELP, INC. | $150 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Avenues For Youth Minneapolis, MN | $3,613,474 | $3,029,889 |
The Brandlab Minneapolis, MN | $2,985,937 | $2,203,610 |
180zone Inc Davenport, IA | $3,365,742 | $2,243,678 |
Mandan Hockey Club Inc Mandan, ND | $1,708,324 | $877,690 |
Optimist International Prior Lake, MN | $174,040 | $498,924 |
Lead2change Inc Milwaukee, WI | $144,220 | $385,644 |
Open Doors For Youth Elk River, MN | $241,363 | $329,676 |
Optimist International Worthington, MN | $39,652 | $228,844 |
Luverne Hockey Club Luverne, MN | $1,034,983 | $294,167 |
Sports Mentorship Academy Rochester, MN | $80,568 | $0 |
Optimist International Sauk Rapids, MN | $64,280 | $169,753 |
Hazel Green Gymnastics Club Hazel Green, WI | $818,449 | $137,043 |