Nonprofit · EIN 32-0191502
MINDS MATTER
Also known as MINDS MATTER NYC INC
Tax-exempt · NEW YORK, NY 10036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,599,086 | $2,682,852 | -$83,766 | $2,963,571 | $153,965 | $2,809,606 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,510,374
- Program service revenue
- $0
- Investment income
- $88,707
- Net gain from sales of assets
- $16,275
- Other revenue
- $5
Expenses
- Grants and similar amounts paid
- $419,375
- Compensation of officers, directors and key employees
- $236,212
- Other salaries and wages
- $857,351
- Salaries, compensation and benefits (total)
- $1,335,408
- Professional fundraising fees
- $0
- Accounting fees
- $23,084
- Occupancy
- $131,443
- Travel
- $54,523
- Program services (functional)
- $2,026,537
- Management and general (functional)
- $371,219
- Fundraising (functional)
- $285,096
Balance sheet and other
- Total assets, start of year
- $2,913,164
- Total assets, end of year
- $2,963,571
- Total liabilities, end of year
- $153,965
- Net assets, end of year
- $2,809,606
- Net assets without donor restrictions
- $2,339,606
- Net assets with donor restrictions
- $470,000
- Gross receipts
- $4,278,529
- Employees
- 17
- Volunteers
- 463
- Year formed
- 1991
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COSETTE GUTIERREZ | EXECUTIVE DIRECTOR Officer | 40 | $210,454 | $16,970 |
| RACHEL GELLER | DIRECTOR OF VOLUNTEERS Highest-paid employee | 40 | $133,570 | $14,036 |
| L'TOYA JONES | DIRECTOR OF PROGRAMS Highest-paid employee | 40 | $114,741 | $14,880 |
| SARAH TANNER | CO-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MARK SHPIZNER | CO-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SANJEEV PARLIKAR | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| DIANA LEE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LEEANNE SU | SECRETARY (THROUGH 9/24) Trustee or director, Officer | 2 | $0 | $0 |
| ADAM DAVIES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KELI HUANG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIBEL LEDEZMA-WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMAAL MCDELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY MUNOZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN PANG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHAERI TORNAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUSTIN HERRIDGE | DIRECTOR Trustee or director | 1 | $0 |
| MANSI KOTHARI | DIRECTOR Trustee or director | 1 | $0 |
| STEPHANIE TEICHER | DIRECTOR Trustee or director | 1 | $0 |
| JON CHU | DIRECTOR (BEGAN 6/25) Trustee or director | 1 | $0 |
| JEFF BURMAN | DIRECTOR (BEGAN 6/25) Trustee or director | 1 | $0 |
| CRISTINA CIGNOLI | DIRECTOR (BEGAN 11/24) Trustee or director | 1 | $0 |
| PETE BECKER | DIRECTOR (BEGAN 1/25) Trustee or director | 1 | $0 |
| VERONICA AGUILAR-HORNIG | DIRECTOR (BEGAN 6/25) Trustee or director | 1 | $0 |
| MAGGIE BRUNN | DIRECTOR (THROUGH 11/24) Trustee or director | 1 | $0 |
| MINHAJ PATEL | DIRECTOR (THROUGH 9/24) Trustee or director | 1 | $0 |
| JONATHAN WILLIAMS | DIRECTOR (THROUGH 7/24) Trustee or director | 1 | $0 |
| ABDUL ZAMERLI | DIRECTOR (THROUGH 11/24) Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1120 AVENUE OF THE AMERICAS 4TH FL, NEW YORK, NY 10036-6700
- In care of
- % ERIKA HALSTEAD
- Principal officer (990 for 2024)
- COSETTE GUTIERREZ, 1120 AVENUE OF THE AMERICAS 4TH FL, NEW YORK, NY 10036
- Signed the 990
- COSETTE GUTIERREZ, EXECUTIVE DIRECTOR
- Phone
- (212) 626-6534
- Website
- HTTPS://MINDSMATTERNYC.ORG/
- Return prepared by
- SAX ADVISORS LLC
Mission
MINDS MATTER NYC CONNECTS DRIVEN AND DETERMINED STUDENTS FROM LOW-INCOME FAMILIES WITH THE PEOPLE, PREPARATION, AND POSSIBILITIES TO SUCCEED IN COLLEGE, CREATE THEIR FUTURE, AND CHANGE THE WORLD.
Program accomplishments
- HIGH SCHOOL PROGRAM:INCLUDES ALL HIGH SCHOOL PROGRAM EXPENSES INCURRED DURING SOPHOMORE, JUNIOR, AND SENIOR YEAR. THIS INCLUDES PROGRAMMING FROM SEPTEMBER TO MAY (18 TO 22 SESSIONS), SAT AND WRITING CONTRACTORS, AND RELATED COSTS SUCH AS METROCARDS, FOOD, AND SUPPLIES. THIS CATEGORY ALSO INCLUDES MINDS MATTER'S SUMMER PROGRAMMING IN JULY (ACADEMIC LEADERSHIP DEVELOPMENT ACADEMY), A THREE WEEK INTENSIVE FOR RISING HIGH SCHOOL JUNIORS FOCUSED ON ACADEMICS AND COMMUNITY. COSTS INCLUDE SPACE RENTAL, TRANSPORTATION, SCHOOL TRIPS, SAT PREP, AND SKILLS WORKSHOPS. JUNIOR SUMMER PROGRAMS FOR RISING HIGH SCHOOL SENIORS, INCLUDING TUITION, TRAVEL, AND APPLICATION FEES, ARE INCLUDED. ASSOCIATED STAFF SALARIES AND RELATED EXPENSES ARE ALSO INCLUDED.Expenses $847,285
- COLLEGE PROGRAM:INCLUDES ALL COLLEGE PROGRAM EXPENSES. THIS INCLUDES BI-ANNUAL STIPENDS FOR ALL COLLEGE STUDENTS AND RESTRICTED DONATION SCHOLARSHIPS. THIS CATEGORY ALSO INCLUDES THE COST OF WINTER REUNION, WHERE MINDS MATTER NYC COLLEGE STUDENTS RECONNECT WITH THEIR COLLEGE COACHES FOR A DAY OF COMMUNITY BUILDING, AND CAREER INCUBATOR, A DAY-LONG CAREER CONFERENCE FEATURING PANELS AND WORKSHOPS ACROSS DIVERSE INDUSTRIES. ASSOCIATED STAFF SALARIES AND RELATED EXPENSES ARE INCLUDED AS WELL.Expenses $639,937 · grants $419,375
- OTHER:INCLUDES ALL VOLUNTEER RELATED EXPENSES (E.G., RECRUITMENT, TRAINING, BACKGROUND CHECKS, EVENTS) AND MINDS MATTER NYC MEMBERSHIP DUES. ASSOCIATED STAFF SALARIES AND RELATED EXPENSES ARE ALSO INCLUDED.Expenses $539,315
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 32-0191502
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Group exemption
- 4358: MINDS MATTER NATIONAL INC
- Assets (IRS master file)
- $2,963,571
- Income (IRS master file)
- $4,278,529
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,599,086 | $2,682,852 | $2,963,571 | XML |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $2,311,720 | $2,043,675 | $2,793,369 | IRS |
| 990 | June 2022 | $2,232,682 | $1,706,261 | $2,473,282 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 32-0191502).
Questions about MINDS MATTER
- What is the EIN of MINDS MATTER?
- The employer identification number (EIN) of MINDS MATTER is 32-0191502.
- Is MINDS MATTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Which annual return does MINDS MATTER file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MINDS MATTER due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MINDS MATTER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MINDS MATTER?
- The 990 for the year ended June 30, 2025 names COSETTE GUTIERREZ.
- Who are the officers and directors of MINDS MATTER?
- The 990 for the year ended June 30, 2025 lists 27 people; 3 received compensation from the organization, the highest $210,454 (COSETTE GUTIERREZ, EXECUTIVE DIRECTOR).
- How much revenue does MINDS MATTER have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,599,086, expenses of $2,682,852 and total assets of $2,963,571 at year end.
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