Civic Intelligence

The Gray Matter Experience Inc

990 • Fiscal year 2022 • EIN 81-1936438

Mar 01, 2021 to Feb 28, 2022 • Filed on Oct 06, 2022

Organization ProfileWWW.GRAYMATTEREXPERIENCE.COM
20 N Wacker Drive Floor 12Chicago, IL 60606

(217) 721-2021

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.06x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.05x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

88th percentile

47%

Higher net margin than 88% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

71st percentile

$57,777

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

91st percentile

85%

Faster asset growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

87%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$535,798

Up $246,152 (+85%) from 2021

Net Assets

Up

$504,913

Up $266,033 (+111%) from 2021

Liabilities

Down

$30,885

Down $19,881 (-39%) from 2021

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin88th percentile

Revenue

Up

$583,557

Up $270,710 (+87%) from 2021

Expenses

Up

$310,424

Up $137,265 (+79%) from 2021

Net Income

Up

$273,133

Up $133,445 (+96%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2020: $116,141Liabilities 2020: $16,949Net Assets 2020: $99,1922020Assets 2021: $289,646Liabilities 2021: $50,766Net Assets 2021: $238,8802021Assets 2022: $535,798Liabilities 2022: $30,885Net Assets 2022: $504,9132022Assets 2023: $823,401Liabilities 2023: $43,063Net Assets 2023: $780,3382023Assets 2024: $629,752Liabilities 2024: $10,696Net Assets 2024: $619,0562024Assets 2025: $613,935Liabilities 2025: $11,372Net Assets 2025: $602,5632025

Highlighted filing

2022

Assets$535,798
Liabilities$30,885
Net Assets$504,913
Open 2022 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2020: $153,947Expenses 2020: $69,451Net Income 2020: $84,4962020Revenue 2021: $312,847Expenses 2021: $173,159Net Income 2021: $139,6882021Revenue 2022: $583,557Expenses 2022: $310,424Net Income 2022: $273,1332022Revenue 2023: $924,948Expenses 2023: $649,523Net Income 2023: $275,4252023Revenue 2024: $714,241Expenses 2024: $875,523Net Income 2024: -$161,2822024Revenue 2025: $768,288Expenses 2025: $784,781Net Income 2025: -$16,4932025

Highlighted filing

2022

Revenue$583,557
Expenses$310,424
Net Income$273,133
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2021 to Feb 28, 2022
Signed
Oct 6, 2022
Return Version
2021v4.2
Gross Receipts
$583,557
Mission and Program Overview

Mission

The gray matter experience inspires, educates, and empowers the next generation of black changemakers by bridging entrepreneurial knowledge gap and driving positive community change.

The gray matter experience provides an environment and community where black students can explore business and creative areas within an innovative space - fostering the development of entrepreneurial skills, mindsets, self-agency, and transferability of their skills and mindsets to school, career, and life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$276,606$525,883▲ $249,277
Land, Buildings, and Equipment, Net$10,540$7,641▼ $2,899
Accounts Receivable$2,500$0▼ $2,500
Prepaid Expenses and Deferred Charges$0$2,274▲ $2,274
Total Assets$289,646$535,798▲ $246,152
Liabilities
Unsecured Notes Loans Payable$20,700$20,700→ $0
Other Liabilities$30,066$9,181▼ $20,885
Accounts Payable and Accrued Expenses$0$1,004▲ $1,004
Total Liabilities$50,766$30,885▼ $19,881
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$238,880$504,913▲ $266,033
Total Net Assets Fund Balance$238,880$504,913▲ $266,033
Total Liabilities and Net Assets / Fund Balance$289,646$535,798▲ $246,152

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,641$10,374$18,015
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Britney RobbinsCEOFT$57,777$57,777

Board Members and Trustees

NameTitle
Chika UmeadiDirector
Jonathan McgeeDirector
Seth GreenDirector
Tamara PratherDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$566,307
Program Service Revenue
$17,250
Investment Income
$0
Other Revenue
$0
All Other Contributions
$547,507
Change in Net Assets
$273,133

Audited Revenue Reconciliation

Revenue per Audited Statements
$583,557
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$583,557
Total Revenue per Form 990
$583,557
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$194,564
Other Expenses$115,860
Total Fundraising Expense$36,801
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$128,093$35,622-$163,715
Fees for Services Other$26,321--$26,321
Payroll Taxes$12,921$5,079-$18,000
Other Employee Benefits$9,016$3,833-$12,849
Advertising-$10,115-$10,115
All Other Expenses$4,049$2,400-$6,449
Fees for Services Accounting-$3,000-$3,000
Depreciation Depletion$2,899--$2,899
Conferences and Meetings$499$2,317-$2,816
Other Expenses$2,345-$36,801$2,345
Insurance$1,763--$1,763
Office Expenses$1,656--$1,656
Fees for Services Legal-$650-$650
Total Functional Expenses$210,607$63,016$36,801$310,424

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$310,424
Total Expenses per Audited Statements$310,424
Total Expenses per Form 990$310,424
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Student Business Trust Liabilities$9,181
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Management assist in preparing and then reviews a draft copy of the form 990 prepared by the oeganization's tax preparer prior to the filing with the irs.”

Form 990, Part VI, Section C, Line 19

“Annual reports are made available on the website and income tax returns are made available upon request.”

Filing and Contact Details

Filer

Filer Name
The Gray Matter Experience Inc
EIN
81-1936438
Phone
2177212021
Address
20 N WACKER DRIVE FLOOR 12, CHICAGO, IL 60606

Signing Officer

Name
Britney Robbins
Title
CEO
Phone
2177212021
Signed
2022-10-06

Organization Details

Principal Officer
Britney Robbins
Formed
2016
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
4
Employees
5
Volunteers
68

Preparer

Firm
Cheryl Rohlfs & Associates Ltd
Address
401 HUEHL ROAD SUITE 1E, NORTHBROOK, IL 60062
Preparer
Cheryl K Rohlfs CPA
Phone
8477539200
Raw XML Appendix381 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01004
IRS990/AccountsReceivableGrp/BOYAmt02500
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE GRAY MATTER EXPERIENCE PROVIDES AN ENVIRONMENT AND COMMUNITY WHERE BLACK STUDENTS CAN EXPLORE BUSINESS AND CREATIVE AREAS WITHIN AN INNOVATIVE SPACE - FOSTERING THE DEVELOPMENT OF ENTREPRENEURIAL SKILLS, MINDSETS, SELF-AGENCY, AND TRANSFERABILITY OF THEIR SKILLS AND MINDSETS TO SCHOOL, CAREER, AND LIFE.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt010115
IRS990/AdvertisingGrp/TotalAmt010115
IRS990/AllOtherContributionsAmt0547507
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02400
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04049
IRS990/AllOtherExpensesGrp/TotalAmt06449
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRITNEY ROBBINS
IRS990/BooksInCareOfDetail/PhoneNum02177212021
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0222 NORTH CANAL
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060606
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0276606
IRS990/CashNonInterestBearingGrp/EOYAmt0525883
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02317
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0499
IRS990/ConferencesMeetingsGrp/TotalAmt02816
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0566307
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0115860
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt017250
IRS990/CYRevenuesLessExpensesAmt0273133
IRS990/CYSalariesCompEmpBnftPaidAmt0194564
IRS990/CYTotalExpensesAmt0310424
IRS990/CYTotalFundraisingExpenseAmt036801
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0583557
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02899
IRS990/DepreciationDepletionGrp/TotalAmt02899
IRS990/Desc0THE GRAY MATTER EXPERIENCE PROVIDES COACHING, CAPITAL CURRICULUM, CONNECTIONS, AND COMMUNITY TO LEVEL THE PLAYING FIELD FOR TEENS TO ENTER THE ENTREPRENEURIAL SPACE. SINCE 2016, THE GRAY MATTER EXPERIENCE HAS DIRECTLY SUPPORTED 65 TEEN SOCIAL ENTREPRENEURS ACROSS CHICAGO'S SOUTH AND WEST SIDES, INVESTED OVER $95,000 IN SEED FUNDING AND PRO BONO SERVICES INTO 9 TEEN-FOUNDED COMPANIES, AND WORKED WITH OVER 700 STUDENTS ACCROSS THE CITY TO EXPOSE THEM TO ENTREPRENEURSHIP PRACTICES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0210607
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03000
IRS990/FeesForServicesAccountingGrp/TotalAmt03000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0650
IRS990/FeesForServicesLegalGrp/TotalAmt0650
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt026321
IRS990/FeesForServicesOtherGrp/TotalAmt026321
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0SETH GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm1CHIKA UMEADI
IRS990/Form990PartVIISectionAGrp/PersonNm2JONATHAN MCGEE
IRS990/Form990PartVIISectionAGrp/PersonNm3TAMARA PRATHER
IRS990/Form990PartVIISectionAGrp/PersonNm4BRITNEY ROBBINS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt457777
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt018800
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0583557
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01763
IRS990/InsuranceGrp/TotalAmt01763
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010374
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010540
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07641
IRS990/LandBldgEquipCostOrOtherBssAmt018015
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE GRAY MATTER EXPERIENCE IS TO UNLOCK THE SELF-DETERMINING POWER OF BLACK YOUTH AND STRENGHEN THEIR TIES TO COMMUNITY THROUGH REAL-WORLD EXPERIENCE IN ENTREPRENEURSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0238880
IRS990/NetAssetsOrFundBalancesEOYAmt0504913
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0238880
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0504913
IRS990/NoncashContributionsAmt0440
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01656
IRS990/OfficeExpensesGrp/TotalAmt01656
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03833
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09016
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012849
IRS990/OtherExpensesGrp/Desc0FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/FundraisingAmt036801
IRS990/OtherExpensesGrp/ProgramServicesAmt017749
IRS990/OtherExpensesGrp/ProgramServicesAmt13296
IRS990/OtherExpensesGrp/ProgramServicesAmt22345
IRS990/OtherExpensesGrp/TotalAmt036801
IRS990/OtherExpensesGrp/TotalAmt117749
IRS990/OtherExpensesGrp/TotalAmt23296
IRS990/OtherExpensesGrp/TotalAmt32345
IRS990/OtherLiabilitiesGrp/BOYAmt030066
IRS990/OtherLiabilitiesGrp/EOYAmt09181
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt035622
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0128093
IRS990/OtherSalariesAndWagesGrp/TotalAmt0163715
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05079
IRS990/PayrollTaxesGrp/ProgramServicesAmt012921
IRS990/PayrollTaxesGrp/TotalAmt018000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02274
IRS990/PrincipalOfficerNm0BRITNEY ROBBINS
IRS990/PriorPeriodAdjustmentsAmt0-7100
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017250
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0258004
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt021
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt044983
IRS990/PYOtherRevenueAmt0-207
IRS990/PYProgramServiceRevenueAmt055050
IRS990/PYRevenuesLessExpensesAmt0139688
IRS990/PYSalariesCompEmpBnftPaidAmt0128155
IRS990/PYTotalExpensesAmt0173159
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0312847
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0273133
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt017250
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0565867
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0242724
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0142255
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt045519
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt046903
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01043268
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt017690
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt017690
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt055050
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt022450
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt077500
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01138458
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0583557
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0297774
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0164705
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt045519
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt046903
IRS990ScheduleA/Total509Grp/TotalAmt01138458
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0583557
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0297774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0164705
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt045519
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt046903
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01138458
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt07641
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010374
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018015
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0310424
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09181
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STUDENT BUSINESS TRUST LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0583557
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07641
IRS990ScheduleD/TotalExpensesPerForm990Amt0310424
IRS990ScheduleD/TotalLiabilityAmt09181
IRS990ScheduleD/TotalRevenuePerForm990Amt0583557
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0583557
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0310424
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT ASSIST IN PREPARING AND THEN REVIEWS A DRAFT COPY OF THE FORM 990 PREPARED BY THE OEGANIZATION'S TAX PREPARER PRIOR TO THE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL REPORTS ARE MADE AVAILABLE ON THE WEBSITE AND INCOME TAX RETURNS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0289646
IRS990/TotalAssetsEOYAmt0535798
IRS990/TotalAssetsGrp/BOYAmt0289646
IRS990/TotalAssetsGrp/EOYAmt0535798
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0566307
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt036801
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt063016
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0210607
IRS990/TotalFunctionalExpensesGrp/TotalAmt0310424
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt050766
IRS990/TotalLiabilitiesEOYAmt030885
IRS990/TotalLiabilitiesGrp/BOYAmt050766
IRS990/TotalLiabilitiesGrp/EOYAmt030885
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0238880
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0504913
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0210607
IRS990/TotalProgramServiceRevenueAmt017250
IRS990/TotalReportableCompFromOrgAmt057777
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017250
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0583557
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt068
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0289646
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0535798
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt020700
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt020700
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt020 N WACKER DRIVE FLOOR 12
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060606
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.GRAYMATTEREXPERIENCE.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BRITNEY ROBBINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02177212021
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GRAY MATTER EXPERIENCE INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAY
ReturnHeader/Filer/EIN0811936438
ReturnHeader/Filer/PhoneNum02177212021
ReturnHeader/Filer/USAddress/AddressLine1Txt020 N WACKER DRIVE FLOOR 12
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060606
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363998687
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHERYL ROHLFS & ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0401 HUEHL ROAD SUITE 1E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTHBROOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060062
ReturnHeader/PreparerPersonGrp/PhoneNum08477539200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHERYL K ROHLFS CPA
ReturnHeader/ReturnTs02022-10-17T10:36:12-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRITNEY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ROBBINS
ReturnHeader/TaxPeriodBeginDt02021-03-01
ReturnHeader/TaxPeriodEndDt02022-02-28
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$535,798
Liabilities
$30,885
Net assets
$504,913
Revenue
$583,557
Expenses
$310,424
Net income
$273,133
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.14$0.11$6.03$7.68$7.85$0.16
2024Detailed filing. Detailed filing data is available for this year.$6.30$0.11$6.19$7.14$8.76$1.61
2023Detailed filing. Detailed filing data is available for this year.$8.23$0.43$7.80$9.25$6.50$2.75
2022Detailed filing. Detailed filing data is available for this year.$5.36$0.31$5.05$5.84$3.10$2.73
2021Detailed filing. Detailed filing data is available for this year.$2.90$0.51$2.39$3.13$1.73$1.40
2020Detailed filing. Detailed filing data is available for this year.$1.16$0.17$0.99$1.54$0.69$0.84