Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
91 cents of each dollar spent went to programs.
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
10 people listed on the 990; $177K paid to officers and key staff.
Nicole Hendrix’s $120K as Chairman/Executive Director is at the 48th percentile of top reported officer pay among 3924 $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 · 5 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Nicole Hendrix | $120,000 | $119,231 | $102,308 | $77,423 | $33,150 |
| Xochitl Torres | $100,000 | — | — | — | — |
| Carl Gist | — | $33,728 | — | — | — |
| Alison Mann | $30,000 | $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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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
Increases representation in entertainment, gaming, media, and tech for women and underrepresented people.
Questions for Bric Foundation
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BRIC enrolled 6 apprentices into our apprenticeship program and engaged twelve employers. They 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 5.9K attendees from 93 countries at the 2024 BRIC Summit virtually and 220 in person during industry day. Over 100 actionable solutions were collaboratively created.
BRIC's Pre-Apprenticeship program included a speaker series reaching 531 classrooms nationwide. Supported their 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 bootcamps for…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $441K | $519K |
| Total assetsLn 16 | $510K | $769K |
| LiabilitiesLn 26 | $0 | $231K |
| Net assetsLn 32 | $510K | $538K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $178K | $161K | $17K | |
| Other salaries and wagesLn 7 | $136K | $109K | $27K | |
| Pension plan contributionsLn 8 | $0 | |||
| Other employee benefitsLn 9 | $783 | $783 | ||
| Accounting feesLn 11c | $27K | $27K | ||
| Other fees for servicesLn 11g | $1.0M | $998K | $30K | $5K |
| Advertising and promotionLn 12 | $6K | $5K | $1K | |
| Office expensesLn 13 | $35K | $16K | $19K | |
| OccupancyLn 16 | $300 | $300 | ||
| TravelLn 17 | $26K | $19K | $7K | |
| InsuranceLn 23 | $8K | $8K | ||
| Other expenses (24a–d)Ln 24 | $83K | $83K | −$385 | $172 |
| Total functional expensesLn 25 | $1.5M | $1.4M | $134K | $5K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $2.7M | $2.3M | $361K | $899K | 990 PDF |
| FY2024 Viewing | $1.6M | $1.5M | $28K | $538K | 990 PDF |
| FY2023 | $918K | $511K | $408K | $510K | 990 PDF |
| FY2022 | $336K | $337K | −$981 | $102K | 990 PDF |
| FY2021 | $212K | $123K | $89K | $103K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $1,558,386 revenue, 12 lines filed
Part VI · Governance 7 of 9 board members independent, no flags
Part VIII · Statement of revenue $1,558,386 across 11 lines filed
Part IX · Statement of functional expenses $1,530,057 across 12 lines filed
Part X · Balance sheet $768,527 assets, 14 lines filed
Part XI · Reconciliation of net assets $537,854 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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