Big Mind Inc
- Assets
- $129.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 12/2003
- Data as of
- 12/2020
- EIN
- 81-0587220
Organization Overview
Big Mind Inc is located in Salt Lake City, UT. The organization was established in 2003. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Big Mind 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 12/2020, Big Mind Inc generated $116.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.3%) each year. All expenses for the organization totaled $296.2k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HAS CREATED AND CONDUCTS REGULAR YEAR-ROUND CLASSES, WORKSHOPS, AND RETREATS FOCUSED ON PERSONAL ASSISTANCE WITH SPIRITUAL GROWTH.THE ORGANIZATION HAS CREATED A SERIES OF HOME STUDY MATERIALS, BOOKS, AUDIO CD'S AND VIDEO DVD'S TO ASSIST STUDENTS IN LEARNING TO WORK WITH THEIR MENTAL AND EMOTIONAL STATES AND TO HELP DEVELOP THEIR SPIRITUAL GROWTH AND ENLIGHTENMENT INSIGHT EXPERIENCES.THE ORGANIZAITON MAINTAINS A WEBSITE FOR LISTING OF NEWS, EVENTS, AND TEACHINGS AVAILABLE TO ALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Merzel President | 25 | $130,000 | |
John Quigley Board Member | 10 | $0 | |
Mary Ellen Sloan Secretary | 0 | $0 | |
Kamilla Buddemeier Board Member | 0 | $0 | |
Scott Hansen Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,614 |
| Total Program Service Revenue | $47,095 |
| Membership dues | $0 |
| Investment income | $5,057 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,889 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $204,746 |
| Professional fees and other payments to independent contractors | $1,984 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $89,423 |
| Total expenses | $296,153 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,674 |
| Other assets | $0 |
| Total assets | $129,616 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,616 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shambhala Mountain Center Red Feather Lakes, CO | $11,185,691 | $3,073,943 |
Pema Chodron Foundation Steamboat Springs, CO | $8,183,827 | $1,930,179 |
Dharma Ocean Foundation Boulder, CO | $4,440,017 | $463,383 |
Big Mind Inc Salt Lake City, UT | $129,616 | $0 |
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