Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Brave New Institute
990EZ • Fiscal year 2015 • EIN 41-1872827
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
22.68x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
22nd percentile
Faster revenue growth than 22% of similar nonprofits.
Balance Sheet
Assets
Down$17,688
Down $1,492 (-7.8%) from 2014
Net Assets
Down-$383,533
Down $85,702 (-29%) from 2014
Liabilities
Up$401,221
Up $84,210 (+27%) from 2014
Revenue And Expenses
Revenue
Down$186,481
Down $53,655 (-22%) from 2014
Expenses
Up$272,183
Up $11,633 (+4.5%) from 2014
Net Income
Down-$85,702
Down $65,288 (-320%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Jun 16, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $186,481
Mission and Program Overview
Mission
The brave new institute encourages the creative arts by providing educational programs for new talent.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TRAINING IN IMPROVISATIONAL ACTING, WRITING, AND PRODUCING. | - | $200,089 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JENNI LILLEDAHL | President | PT | $0 | - | - |
| JOHN SWEENEY | Treasurer | PT | $0 | - | - |
| HOWARD DALLIN | Director | - | $0 | - | - |
| LORNA LANDVIK | Director | - | $0 | - | - |
| PETER TOLAN | Director | - | $0 | - | - |
| JIM WADSWORTH SR | Director | - | $0 | - | - |
| LYNN LANNERS | Assistant Tr | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Brave New Institute
- EIN
- 41-1872827
- Phone
- 6123778445
- Address
- 824 HENNEPIN AVENUE, MINNEAPOLIS, MN 55403
Signing Officer
- Name
- Jenni Lilledahl
- Title
- President
- Phone
- 6123778445
- Signed
- 2016-06-16
- 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 advertising 3,064 travel 109 business insurance 1,682 bank/credit card charges 92 credit card disc 4,879 dues and memberships 70 meals and entertainment 706 miscellaneous 34 office supplies 3,146 online services 6,851 postage and shipping 13 professional services 29,199 telephone 1,426 ticketing system 799 non-investment depreciation 128 total 52,198”
Form 990-ez, Part II, Line 24
“34,303 34,303 less accumulated depreciation 30,003 30,131 total 4,300 4,172”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 311,579 312,673 unsecured notes and loans payable 0 74,842 customer deposits 2,049 10,649 sales tax payable 201 30 payroll liabilities 2,679 2,803 workers comp insurance payable 503 224”
Form 990-ez, Part III
“The brave new institute encourages the creative arts by providing educational programs for new talent.”
Raw XML Appendix178 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | LYNN LANNERS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6123778445 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 824 HENNEPIN AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MINNEAPOLIS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55403 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 14880 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 13516 |
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| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 54786 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 17688 |
| IRS990EZ/GrossReceiptsAmt | 0 | 186481 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 7 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -297831 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -383533 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JENNI LILLEDAHL |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | PETER TOLAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JIM WADSWORTH SR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | LYNN LANNERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | ASSISTANT TR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4300 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4172 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 52198 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE BRAVE NEW INSTITUTE ENCOURAGES THE CREATIVE ARTS BY PROVIDING EDUCATIONAL PROGRAMS FOR NEW TALENT. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 176744 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TRAINING IN IMPROVISATIONAL ACTING, WRITING, AND PRODUCING. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 200089 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 124358 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 317011 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 401221 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 272183 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 200089 |
| IRS990EZ/TotalRevenueAmt | 0 | 186481 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | BRAVENEWINSTITUTE.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 20782 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 119637 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt | 0 | 60000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 200419 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 9730 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 38431 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 129497 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 69441 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 20948 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 268047 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 7 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 5 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 12 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 34 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 176744 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 201705 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 249258 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 237618 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 159380 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1024705 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 7 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 5 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 10 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 12 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 34 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.84490 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.76480 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1092333 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt | 0 | 20782 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 119637 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt | 0 | 60000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 200419 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 186474 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 240136 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 378755 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 307059 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 180328 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1292752 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 186481 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 240141 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 378765 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 307071 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 180328 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1292786 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 3,064 TRAVEL 109 BUSINESS INSURANCE 1,682 BANK/CREDIT CARD CHARGES 92 CREDIT CARD DISC 4,879 DUES AND MEMBERSHIPS 70 MEALS AND ENTERTAINMENT 706 MISCELLANEOUS 34 OFFICE SUPPLIES 3,146 ONLINE SERVICES 6,851 POSTAGE AND SHIPPING 13 PROFESSIONAL SERVICES 29,199 TELEPHONE 1,426 TICKETING SYSTEM 799 NON-INVESTMENT DEPRECIATION 128 TOTAL 52,198 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 34,303 34,303 LESS ACCUMULATED DEPRECIATION 30,003 30,131 TOTAL 4,300 4,172 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 311,579 312,673 UNSECURED NOTES AND LOANS PAYABLE 0 74,842 CUSTOMER DEPOSITS 2,049 10,649 SALES TAX PAYABLE 201 30 PAYROLL LIABILITIES 2,679 2,803 WORKERS COMP INSURANCE PAYABLE 503 224 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BRAVE NEW INSTITUTE ENCOURAGES THE CREATIVE ARTS BY PROVIDING EDUCATIONAL PROGRAMS FOR NEW TALENT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JENNI LILLEDAHL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6123778445 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-06-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BRAVE NEW INSTITUTE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BRAV |
| ReturnHeader/Filer/EIN | 0 | 411872827 |
| ReturnHeader/Filer/PhoneNum | 0 | 6123778445 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 824 HENNEPIN AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MINNEAPOLIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55403 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411710454 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MYSLAJEK KEMP & SPENCER LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1000 SHELARD PARKWAY 6TH FLOOR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ST LOUIS PARK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55426 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9525444147 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-08-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | AARON PASCHE CPA |
| ReturnHeader/ReturnTs | 0 | 2016-09-15T09:23:30-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $17,688
- Liabilities
- $401,221
- Net assets
- -$383,533
- Revenue
- $186,481
- Expenses
- $272,183
- Net income
- -$85,702