Civic Intelligence

Brave New Institute

EIN 41-1872827 • 501(c)3 • Deephaven, MN

Profile

The brave new institute encourages the creative arts by providing educational programs for new talent.

18150 Honeysuckle LaneDeephaven, MN 55391

www.bravenewoutpost.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

1.01x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

7.67x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

5th percentile

-306%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

44th percentile

-5.1%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-19%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$18,604

Down $1,007 (-5.1%) from 2023

Liabilities

Up

$18,700

Up $6,450 (+53%) from 2023

Net Assets

Down

-$96

Down $7,457 (-101%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin5th percentile

Revenue

Down

$2,437

Down $584 (-19%) from 2023

Expenses

Up

$9,894

Up $7,553 (+323%) from 2023

Net Income

Down

-$7,457

Down $8,137 (-1197%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200K-$400KAssets 2011: $21,342Liabilities 2011: $379,326Net Assets 2011: -$357,9842011Assets 2012: $17,102Liabilities 2012: $369,272Net Assets 2012: -$352,1702012Assets 2013: $34,424Liabilities 2013: $311,841Net Assets 2013: -$277,4172013Assets 2014: $19,180Liabilities 2014: $317,011Net Assets 2014: -$297,8312014Assets 2015: $17,688Liabilities 2015: $401,221Net Assets 2015: -$383,5332015Assets 2016: $16,521Liabilities 2016: $160,989Net Assets 2016: -$144,4682016Assets 2017: $19,565Liabilities 2017: $199,523Net Assets 2017: -$179,9582017Assets 2018: $11,466Liabilities 2018: $201,920Net Assets 2018: -$190,4542018Assets 2019: $17,150Liabilities 2019: $50,762Net Assets 2019: -$33,6122019Assets 2020: $14,965Liabilities 2020: $49,595Net Assets 2020: -$34,6302020Assets 2021: $16,528Liabilities 2021: $23,674Net Assets 2021: -$7,1462021Assets 2022: $18,355Liabilities 2022: $11,674Net Assets 2022: $6,6812022Assets 2023: $19,611Liabilities 2023: $12,250Net Assets 2023: $7,3612023Assets 2024: $18,604Liabilities 2024: $18,700Net Assets 2024: -$962024

Highlighted filing

2024

Assets$18,604
Liabilities$18,700
Net Assets-$96
Open 2024 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2011: $180,328Expenses 2011: $238,816Net Income 2011: -$58,4882011Expenses 2012: $301,2572012Revenue 2013: $378,765Expenses 2013: $304,012Net Income 2013: $74,7532013Revenue 2014: $240,136Expenses 2014: $260,550Net Income 2014: -$20,4142014Revenue 2015: $186,481Expenses 2015: $272,183Net Income 2015: -$85,7022015Revenue 2016: $311,910Expenses 2016: $374,191Net Income 2016: -$62,2812016Revenue 2017: $268,662Expenses 2017: $304,152Net Income 2017: -$35,4902017Revenue 2018: $156,042Expenses 2018: $166,538Net Income 2018: -$10,4962018Revenue 2019: $261,856Expenses 2019: $105,014Net Income 2019: $156,8422019Revenue 2020: $23,300Expenses 2020: $24,318Net Income 2020: -$1,0182020Revenue 2021: $17,158Expenses 2021: $4,898Net Income 2021: $12,2602021Revenue 2022: $16,379Expenses 2022: $2,552Net Income 2022: $13,8272022Revenue 2023: $3,021Expenses 2023: $2,341Net Income 2023: $6802023Revenue 2024: $2,437Expenses 2024: $9,894Net Income 2024: -$7,4572024

Highlighted filing

2024

Revenue$2,437
Expenses$9,894
Net Income-$7,457
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,604
Liabilities
$18,700
Net assets
-$96
Revenue
$2,437
Expenses
$9,894
Net income
-$7,457
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.19$0.00$0.02$0.10$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.20$0.12$0.07$0.03$0.02$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.18$0.12$0.07$0.16$0.03$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.17$0.24$0.07$0.17$0.05$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.15$0.50$0.35$0.23$0.24$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.17$0.51$0.34$2.62$1.05$1.57
2018Detailed filing. Detailed filing data is available for this year.$0.11$2.02$1.90$1.56$1.67$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.20$2.00$1.80$2.69$3.04$0.35
2016Detailed filing. Detailed filing data is available for this year.$0.17$1.61$1.44$3.12$3.74$0.62
2015Detailed filing. Detailed filing data is available for this year.$0.18$4.01$3.84$1.86$2.72$0.86
2014Detailed filing. Detailed filing data is available for this year.$0.19$3.17$2.98$2.40$2.61$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.34$3.12$2.77$3.79$3.04$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$3.69$3.52$3.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$3.79$3.58$1.80$2.39$0.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 27, 2025
Return Version
2024v5.0
Gross Receipts
$2,437
Mission and Program Overview

Mission

The brave new institute encourages the creative arts by providing educational programs for new talent.

Program Services

DescriptionGrantsExpenses
TRAINING IN IMPROVISATIONAL ACTING, WRITING, AND PRODUCING.-$7,915
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNI LILLEDAHLPresident-$0--
JOHN SWEENEYTreasurer-$0--
HOWARD DALLINDirector-$0--
LORNA LANDVIKDirector-$0--
PETER TOLANDirector-$0--
JIM WADSWORTH SRDirector-$0--
LYNN LANNERSAssistant Tr-$0--
Filing and Contact Details

Filer

Filer Name
Brave New Institute
EIN
41-1872827
Phone
6123778445
Address
18150 HONEYSUCKLE LANE, DEEPHAVEN, MN 55391

Signing Officer

Name
Jenni Lilledahl
Title
President
Phone
6123778445
Signed
2025-10-27
Discuss with paid preparer
Yes

Preparer

Firm
Myslajek Kemp & Spencer Ltd
Address
1000 SHELARD PARKWAY 6TH FLOOR, ST LOUIS PARK, MN 55426
Preparer
Aaron Pasche CPA
Phone
9525444147
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses bank/credit card charges 69 teaching 1,200 fees 25 professional services 1,400 overhead 7,200 total 9,894”

Form 990-ez, Part II, Line 24

“35,324 35,324 less accumulated depreciation 31,670 31,670 due from into the mystic 5,343 5,343 total 8,997 8,997”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 750 0 unsecured notes and loans payable 11,500 11,500 due to into the mystic 0 7,200”

Form 990-ez, Part III

“The brave new institute encourages the creative arts by providing educational programs for new talent.”

Raw XML Appendix170 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK/CREDIT CARD CHARGES 69 TEACHING 1,200 FEES 25 PROFESSIONAL SERVICES 1,400 OVERHEAD 7,200 TOTAL 9,894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt135,324 35,324 LESS ACCUMULATED DEPRECIATION 31,670 31,670 DUE FROM INTO THE MYSTIC 5,343 5,343 TOTAL 8,997 8,997
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 750 0 UNSECURED NOTES AND LOANS PAYABLE 11,500 11,500 DUE TO INTO THE MYSTIC 0 7,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BRAVE NEW INSTITUTE ENCOURAGES THE CREATIVE ARTS BY PROVIDING EDUCATIONAL PROGRAMS FOR NEW TALENT.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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