The Mixtape Strategy EIN 99-0416987

The Mixtape Strategy

EIN  99-0416987 Public charity (501(c)(3)) Minneapolis, MN
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports and celebrates community strengths through philanthropic initiatives.
Leadership
Houston White · President
Money in and out
$239K revenue, $110K expenses
Bottom line
31% program efficiency

Supports and celebrates community strengths through philanthropic initiatives. For fiscal year 2024 it reported $239K in revenue, $110K in expenses, and $129K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$239K
Pt VIII · Ln 12
Total expenses
$110K
Pt IX · Ln 25
Net assets
$129K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $129K
Where spending went · Part IX cols B–D
Program services $0.31 Management & general $0.33 Fundraising $0.36
Program efficiency
31%
of spending reaches programs
Operating runway
14.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+54%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$239K
Pt VIII · Ln 12
Total expenses
$110K
Pt IX · Ln 25
Net assets
$129K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$129K
Total assetsPt X · Ln 16$129K
Program-expense ratioPt IX · col B31%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $34K of program spending, described in the organization's own filed words · FY2024.
01

The mixtape strategy in 2024 program services and accomplishments:- gave 300 hours of technical assistance 15 individuals and businesses looking to start businesses and businesses under $1 million in revenue.

$34Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Mixtape Strategy
EINHdr · item D99-0416987
Principal addressHdr · item CMinneapolis, MN
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S43)
Ruling yearIRS BMFAug 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$239K
Total revenueLn 12$239K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.31 Management & general $0.33 Fundraising $0.36
Program services31%$34K
Management & general33%$37K
Fundraising36%$39K
Total functional expensesLn 25$110K

Balance Sheet

Part X · end of year
CashLn 1$129K
Total assetsLn 16$129K
Total liabilitiesLn 26$0
Total net assetsLn 32$129K
Months of cash on handcomputed14.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $129K · Operating expenses/yr $110K
14.1 months
Where the money goes
Program services
Program services $34K · Total expenses $110K
31%
Management & General
Management & general $37K · Total expenses $110K
33%
Fundraising
Fundraising $39K · Total expenses $110K
36%
Cost to raise $1
Fundraising expense $39K · Solicited contributions $239K
$0.16 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $239K · Total revenue $239K
100%
Government reliance
Government grants — · Total revenue $239K
Earned-income share
Program service revenue $0 · Total revenue $239K
0%
Investment reliance
Investment income $0 · Total revenue $239K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $110K
0%
Growth & trend
Revenue growth (YoY)
This year $239K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $129K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $239K · Expenses $110K
+54%
Liabilities-to-Assets
Total liabilities — · Total assets $129K
Net-asset ratio
Net assets $129K · Total assets $129K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $129K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Houston White · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $110K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $110K
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $39K · Gross raised $233K
17%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 31%
Overhead ratio 33%
Fundraising cost ratio 16%
Fundraising fee ratio 36%

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

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $10K · 2024–2024
Sweet Renaissance Coffee AcademyFY2024$10,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$239K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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