Mind to Move Inc

Analysis

Mind to Move Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mind to Move Inc reported income of $59k and spending of $64k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $59k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mind to Move Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include American Friends of the Israeliopera Inc ($59k), Society for Bevel Intentions Inc ($59k) and Canandaigua Lake Chamber Music Festival Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.