New York · Nonprofit
MINDS MATTER OF NYC INC
MINDS MATTER OF NYC INC (New York) receives grants from 77 organizations whose IRS filings report $2,928,683 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($522,035). 37 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $2.6M
- Funders on record
- 77
- Grants received
- $2.9M
- Net assets
- $2.8M
What Minds Matter of NYC Inc does
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.
As stated on its FY2025 Form 990.
Programs
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.
$847,285 spent42% of program spendingCollege 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.
$639,937 spentof which $419,375 as grants32% of program spendingOther: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.
$539,315 spent27% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,026,537.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.4M to $2.2M (+61%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 6%. Grants only. Government contracts and fees sit inside program revenue.
97% of MINDS MATTER OF NYC INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Cosette Gutierrez
Executive director
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2024 and FY2025 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 16 funders to 26 funders, grant income rose $142k → $359k.
15 of 77 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 67% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $150k from one payer (the payer shares this organization's board, largest Minds Matter National Inc). These are real filings, and they are not money MINDS MATTER OF NYC INC raised.
From the IRS filings of MINDS MATTER OF NYC INC’s funders (the co-funder graph). Top 30 of 77 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MINDS MATTER OF NYC INC has a broad base — no single funder exceeds 18% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
72% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MINDS MATTER OF NYC INC.
Largest funder’s share by year: 2017 26% · 2018 19% · 2019 24% · 2020 28% · 2021 30% · 2022 22% · 2023 20% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
28% of MINDS MATTER OF NYC INC's funders are still giving 3 years after their first grant; 48% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
67% of MINDS MATTER OF NYC INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $963k that is directly attributable, 64% of it comes from funders outside New York, across 15 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.0M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MINDS MATTER OF NYC INC is better cushioned than half of the 1,152 youth development nonprofits its size.
this organization peer median middle 50% of peers· 1,152 youth development nonprofits $1M–$10M, FY2025
Organizations like MINDS MATTER OF NYC INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
83%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Minds Matter National Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MINDS MATTER OF NYC INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MINDS MATTER OF NYC INC?
- MINDS MATTER OF NYC INC (New York) receives grants from 77 organizations whose IRS filings report $2,928,683 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($522,035). 37 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does MINDS MATTER OF NYC INC have?
- IRS filings report 77 organizations giving $2,928,683 in grants to MINDS MATTER OF NYC INC, 37 of which have funded it in more than one year.
- Who is the largest funder of MINDS MATTER OF NYC INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $522,035 in grants. The full list of funders is on this page.
- How can an organization like MINDS MATTER OF NYC INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Minds Matter of NYC →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 77 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing