Bric Foundation FY2023 filing
Increases representation in entertainment, gaming, media, and tech for women and underrepresented people. For fiscal year 2023 it reported $918K in revenue, $511K in expenses, and $510K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Arts & Culture
- Location
- N Hollywood, CA
- Website
- bricfoundation.org
- Filings
- 4 on file (2021–2023)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
BRIC enrolled 7 apprentices into our apprenticeship program and engaged six employers for this first cohort. BRIC launched the High Roads Training Partnership to expand arts, media, and entertainment apprenticeships for community based organizations, labor unions, and registered apprenticeship programs.
BRIC served 4.7K attendees from 61 countries at the 2023 BRIC Summit virtually and 220 in person during industry day. Over 100 actionable solutions were collaboratively created.
BRIC launched a Pre-Apprenticeship program including a speaker series reaching 203 classrooms nationwide. BRIC supported our school districts (Centinela Valley Unified High School District, Inglwood Unified School District and Los Angeles Unified School District) with curriculum alignment, outreach support, portfolio support, and…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Nicole Hendrix’s $119K as Chairman/Executive Director is at the 47th percentile of top reported officer pay among 3916 $1–10M arts & culture 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Nicole Hendrix | $119,231 | $102,308 | $77,423 | $33,150 |
| Carl Gist | $33,728 | — | — | — |
| Alison Mann | $23,608 | $17,694 | $31,672 | $5,000 |
| Matthew Waynee | — | $24,075 | $11,108 | $7,560 |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 75% | — | — |
| Overhead ratio | 24% | — | — |
| Fundraising cost ratio | 0.7% | — | — |
| Revenue growth | 173% | — | — |
| Accounting fee ratio | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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