New York · Nonprofit
NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC
NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC (New York) receives grants from 27 organizations whose IRS filings report $3,345,815 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($582,852). 14 of them have funded it in more than one year.
- Revenue FY2024
- $30M
- Funders on record
- 27
- Grants received
- $3.3M
- Net assets
- $5.4M
What National Minority Supplier Development Council Inc does
Mission
The national minority supplier development council advances business opportunities for certified minority business enterprises and connects them to corporate members.
As stated on its FY2024 Form 990.
Programs
Field services: oversees the activities of nmsdc's regional affiliates by monitoring their activities, programs, events, and service delivery to ensure the application of uniform standards of work.
$10,236,782 spent$14,617,560 earned by the program41% of program spendingAnnual conference & exchange: connects nmsdc-certified minority business enterprises (mbes) with national/local corporate members, government entities, nonprofits, and other buyers to increase the inclusion of mbes in the u.s. Supply chain. Additionally, mbes are connected to education, capital, contracts, and other growth and development activities to ensure mbes are poised and ready to enter and expand their presence in the u.s. Supply chain, while national/local corporate members are connected to education on how to expand their supplier diversity programs.
$7,187,761 spent$4,725,443 earned by the program28% of program spending"corporate success, mbe services & programs:centers of excellence certificate program: a 12-month innovative and rigorous diverse vendor business development initiative to facilitate the development and growth of nmsdc-certified mbes with $1 million to less than $10 million in sales to become more prepared to compete effectively and win larger contracts with corporations, anchor institutions, and government agencies.acres: cultivating equity in black agriculture: a 12-week program designed to help black minority business enterprises (mbes) in the agriculture industry grow their capacity to take on major national contracts with nmsdc corporate members.nmsdc cyberpro training network: an extensive training curriculum designed for small and medium-sized businesses, helping them establish a prioritized security program for resilience against cyber-attacks.emerging young entrepreneurs program: a year-long program created to support gen z and millennial minority entrepreneurs between the ages of 19-35.mbe center for accelerated growth, innovation, and resiliency: a new transformation center, funded in part by the minority business development agency (mbda) capital readiness grant, to…
$4,311,327 spent$267,950 earned by the program17% of program spendingMinority business economic forum: connects the most influential policymakers, academics, business, and community leaders in the u.s. To discuss the systemic barriers mbes face in growing their businesses and creating generational wealth. This event provides a unique opportunity to propose solutions to overcome those barriers and promote an inclusive economy that works for all.
$3,496,020 spentof which $265,520 as grants$637,157 earned by the program14% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $25,231,890.
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 2022 to 2023, from $16M to $13M (−17%).
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: 2021 4% · 2023 5% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.
31% of NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (58% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 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.
Board chair
Kala Gibson
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 14 funders, grant income rose $2k → $481k.
8 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 32% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC’s funders (the co-funder graph). 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
NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC has a broad base — no single funder exceeds 17% 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
47% 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 NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 75% · 2020 80% · 2021 49% · 2022 37% · 2023 35% — 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
29% of NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC's funders are still giving 3 years after their first grant; 52% 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
NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC draws 85% of its grant income from funders outside New York, across 11 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 7 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
NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC has grown faster than half of the 772 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 772 arts & culture nonprofits $10M–$100M, FY2024
Government funding NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.8M on record.
- Department of Commerce$4.8M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL 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
80% of spending goes to programs.
Governance
Public support
92%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Screen this organization
A dated, signed PDF of the compliance screen for NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL 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 NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC?
- NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC (New York) receives grants from 27 organizations whose IRS filings report $3,345,815 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($582,852). 14 of them have funded it in more than one year.
- How many funders does NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC have?
- IRS filings report 27 organizations giving $3,345,815 in grants to NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC, 14 of which have funded it in more than one year.
- Who is the largest funder of NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC?
- AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $582,852 in grants. The full list of funders is on this page.
- How can an organization like NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 27 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 14, 2026. What this page cannot tell you · view filing