Mindpop

Analysis

Mindpop is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2013, 13 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Mindpop reported income of $983k and spending of $898k, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.5m to $983k (-33%), an average of -9.6% a year. The sharpest change came in the year to August 2021, when income dropped by 56%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mindpop sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Ifpda Foundation Inc ($982k), Reading in Motion ($983k) and Creative Justice Initiative Inc ($982k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 62% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $185k (21% of expenses). Other salaries and wages came to $233k. At year end it held assets of $2.0m against liabilities of $56k, net assets of $2.0m. It reported 9 employees.