The Brandlab FY2023 filing

Tax-deductible

Minneapolis, MN501(c)(3)Youth DevelopmentEIN 80-0199088

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To change the face and voice of the marketing industry.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$159K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $153K a year · 8% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$159K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $301K
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$380K
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
-32% vs prior year
Spent
$2.8M
To programs
71%
Net assets
$1.4M
By yearFY2021–FY2025
Revenue
$1.5M
FY2023▼ -32%
Revenue by fiscal year
FY2021$2.8M
FY2022$2.2M
FY2023$1.5M
FY2024$1.8M
FY2025$1.6M
Expenses
$2.8M
FY2023▲ +31%
Expenses by fiscal year
FY2021$1.3M
FY2022$2.1M
FY2023$2.8M
FY2024$2.5M
FY2025$2.0M
Net assets
$1.4M
FY2023▼ -47%
Net assets by fiscal year
FY2021$2.6M
FY2022$2.7M
FY2023$1.4M
FY2024$715K
FY2025$326K

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $1.9M Management & general 24% · $667K Fundraising 5% · $147K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $159K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
CEO Thru Nov
$110,577Pt VII · Sec A
Interim CEO / CEO
$48,784Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kelli Williams’s $216K as CEO is at the 90th percentile of top reported officer pay among 1552 $1–10M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Kelli Williams$216,130————
Kelli Wililams—$161,000$48,784——
Maggie McCracken——$110,577$77,859—
Ellen Walthour————$94,154

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Brandlab executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes diversity and inclusion within the marketing industry.

Provided by the organization

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3 programs · $1.9M · in their own filed words · FY2022
01

College and beyond (cab) the college and beyond program provides year-round programming - from skills training like resume workshops and speed networking events to mentorship for young professionals to connect with an industry leader and financial scholarships of over $30,000 awarded to students who have participated in any of our…

$1.3Mprogram expense
02

Spark the spark program creates exposure to career pathways for hundreds of high school students each year. The experiential approach combines in-classroom engagement opportunities with career panels and field trips to inspire the next generation of marketing and advertising talent.

$410Kprogram expense
03

Fearless the fearless program aims to support the diversity, equity, inclusion, and belonging efforts within our agency and corporate partners working to create equity while building more inclusive work, workers, and workplaces. Fearless programming is delivered through the brandlab-facilitated workshops and discussions.

$216Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 12 funders →
Grants paid · 5 grants · $227K · 2020–2024
Unitemized GrantFY2024$75,000
Unitemized GrantFY2023$29,001
Unitemized GrantFY2022$31,487
Unitemized GrantFY2021$38,000
Unitemized GrantFY2020$53,066

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.0M
Fees for servicesLn 2g$325K
Other incomeLn 4–11$128K
Money outPt IX
$2.8M
Ln 25
Programscol B$1.9M
Managementcol C$667K
Fundraisingcol D$147K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$1.8M
LiabilitiesLn 26$380K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Noncash giftsLn 1g$2K
Fees for servicesLn 2g$325K
Investment incomeLn 3$15K
Other incomeLn 4–11$128K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$777K
SavingsLn 2$540K
Cash and savings togetherLn 1–2$1.3M
Land, buildings, equipmentLn 10c$14K
Total assetsLn 16$1.8M
LiabilitiesLn 26$380K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 590
VolunteersI 6300
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.7M$1.3M
Land, buildings, equipmentLn 10c$20K$14K
Total assetsLn 16$3.0M$1.8M
LiabilitiesLn 26$279K$380K
Net assetsLn 32$2.7M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$31K$31K
Pay of current officers, directors and key staffLn 5$48K$42K$4K$2K
Other salaries and wagesLn 7$1.8M$1.5M$237K$33K
Pension plan contributionsLn 8$7K$3K$4K$225
Other employee benefitsLn 9$33K$13K$19K$912
Payroll taxesLn 10$145K$115K$27K$3K
Management feesLn 11a$85K$75K$7K$4K
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$193K$128$192K
Professional fundraising feesLn 11e$22K$22K
Other fees for servicesLn 11g$126K$10K$73K$42K
Advertising and promotionLn 12$17K$5K$12K$130
Office expensesLn 13$28K$10K$17K$1K
Information technologyLn 14$31K$11K$20K$231
TravelLn 17$35K$13K$20K$2K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$18K$3K$14K$166
Other expenses (24a–d)Ln 24$141K$93K$11K$37K
Total functional expensesLn 25$2.8M$1.9M$667K$147K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.6M$2.0M−$389K$326K 990 PDF
FY2024 $1.8M$2.5M−$722K$715K 990 PDF
FY2023 Viewing $1.5M$2.8M−$1.3M$1.4M 990 PDF
FY2022 $2.2M$2.1M$99K$2.7M 990 PDF
FY2021 $2.8M$1.3M$1.5M$2.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $1,492,800 across 7 lines filed
VIII-1f All other contributions, gifts and grants$1,024,314
VIII-1g Noncash contributions (included above)$1,980
VIII-1h Total contributions, gifts and grants$1,024,314
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $324,895$324,895
VIII-3 Investment incomeExcluded from tax $15,117$15,117
VIII-8 Net income from fundraising eventsExcluded from tax $128,474$128,474
VIII-12 Total revenueRelated to mission $324,895 · Unrelated business $0 · Excluded from tax $143,591$1,492,800
Part IX · Statement of functional expenses $2,763,259 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $31,487$31,487
IX-5 Pay of current officers, directors and key staffPrograms $42,308 · Management $3,846 · Fundraising $1,923$48,077
IX-7 Other salaries and wagesPrograms $1,523,574 · Management $237,078 · Fundraising $32,609$1,793,261
IX-8 Pension plan contributionsPrograms $2,781 · Management $4,134 · Fundraising $225$7,140
IX-9 Other employee benefitsPrograms $12,708 · Management $19,171 · Fundraising $912$32,791
IX-10 Payroll taxesPrograms $114,840 · Management $27,150 · Fundraising $2,537$144,527
IX-11a Management feesPrograms $74,944 · Management $6,588 · Fundraising $3,583$85,115
IX-11b Legal feesManagement $4,163$4,163
IX-11c Accounting feesPrograms $128 · Management $192,499$192,627
IX-11e Professional fundraising feesFundraising $22,500$22,500
IX-11g Other fees for servicesPrograms $10,340 · Management $72,956 · Fundraising $42,357$125,653
IX-12 Advertising and promotionPrograms $4,657 · Management $12,252 · Fundraising $130$17,039
IX-13 Office expensesPrograms $10,488 · Management $16,687 · Fundraising $1,050$28,225
IX-14 Information technologyPrograms $11,059 · Management $19,871 · Fundraising $231$31,161
IX-17 TravelPrograms $13,066 · Management $20,169 · Fundraising $1,897$35,132
IX-22 Depreciation, depletion and amortizationManagement $5,431$5,431
IX-23 InsurancePrograms $3,482 · Management $14,108 · Fundraising $166$17,756
IX-24 Other expenses (24a–d)Programs $93,476 · Management $10,852 · Fundraising $36,846$141,174
IX-25 Total functional expensesPrograms $1,949,338 · Management $666,955 · Fundraising $146,966$2,763,259
Part X · Balance sheet $1,816,347 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $965,674$776,585
X-2 Savings and temporary cash investmentsStart of year $725,238$540,356
X-3 Pledges and grants receivableStart of year $1,246,530$401,467
X-4 Accounts receivable$42,134
X-9 Prepaid expenses and deferred chargesStart of year $28,945$41,686
X-10c Land, buildings and equipment, netStart of year $19,550$14,119
X-16 Total assetsStart of year $2,985,937$1,816,347
X-17 Accounts payable and accrued expensesStart of year $190,628$275,317
X-18 Grants payableStart of year $51,193$57,556
X-19 Deferred revenueStart of year $36,850$46,667
X-26 Total liabilitiesStart of year $278,671$379,540
X-27 Net assets without donor restrictionsStart of year $1,248,468$678,379
X-28 Net assets with donor restrictionsStart of year $1,458,798$758,428
X-32 Total net assets or fund balancesStart of year $2,707,266$1,436,807
X-33 Total liabilities and net assetsStart of year $2,985,937$1,816,347
Part XI · Reconciliation of net assets $1,436,807 net assets at year end
XI-1 Total revenue$1,492,800
XI-2 Total expenses$2,763,259
XI-3 Revenue less expenses−$1,270,459
XI-4 Net assets at start of year$2,707,266
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,436,807

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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