2023-05-15T12:40:37-07:00 2022-06-30 752593210 Sutton Frost Cary LLP 600 Six Flags Dr Suite 600 Arlington TX 76011 990 2021-07-01 752170035 BIG THOUGHT BIGT 2145200023 1409 BOTHAM JEAN BLVD 1015 DALLAS TX 75215 Glenn Baldwin CFO 2023-05-15 true Glenn Baldwin 999009999 Carroll Elizabeth Arnott P01965628 8176498083 2 AAL1 IAL1 FAL1 2021 2023-04-26 12:10:37Z BYRON K SANDERS 1409 BOTHAM JEAN BLVD 1015 DALLAS TX 75215 10675697 false X www.bigthought.org X 1987 TX The mission of Big Thought is to make imagination a part of everyday learning. We bring relentless optimism, innovation, and imagination to the biggest problem facing education today: the opportunity gap. 24 24 92 30 0 7064778 8352588 2160754 2322287 259 822 0 9225791 10675697 0 0 4697935 6163417 0 353948 2640154 3576230 7338089 9739647 1887702 936050 5164665 4362142 3153251 1414678 2011414 2947464 The mission of Big Thought is to make imagination a part of everyday learning. We bring relentless optimism, innovation, and imagination to the biggest problem facing education today: the opportunity gap. false false 8146493 2322287 At Big Thought, we believe that all youth have innate greatness. Our North Star: All youth are equipped to imagine and create their best lives and world. Driven by our mission to make imagination a part of everyday learning, Big Thought is a social impact enterprise that focuses on youth development by preparing young creators with the skills and resources they need for the 21st century workplace. We exist to empower and equip youth to Create Great we're creating creators. At Big Thought, we provide the space and agency to support young creators through our programs and partnerships, which are powered by our dedicated research and development team that enables us to design high quality evidence-based programs, measure our impact, and expand our reach. Throughout our 30+ year history of innovation, Big Thought has become an award-winning national model in arts education, out of school time systems, summer learning and juvenile justice intervention. Now, we're one of six community partnerships in the U.S. helping scale national best practices in social and emotional learning.At our core, we empower youth to:1. build their creative muscle,2. develop social and emotional skills and wellbeing and,3. create their authentic voice.Big Thought implements three approaches to deliver this work:1. Direct to youth programs. We develop and deliver high quality curriculum and programs toserve communities with the greatest need. Big Thought programs reach on average over6,700 students for more than 219,000 learning hours annually.2. Learning Systems. We do this by strategically connecting partners and resources across thecity to create learning systems that address these themes. Big Thought Learning Systemsreach on average over 120,000 students for more than 2.1 million learning hours annually.3. Powered by Big Thought, Big Thought Institute (BTI) is an innovative partner that enables organizations to expand their capacity to build creativity, develop 21st Century skills, and deliver unique learning experiences. BTI provides professional learning, consulting, design and research-based services to empower our clients to effectively teach, develop and create. We leverage evidence-based best practices in creativity and learning systems that have been established over 30 years. BTI serves over 20 clients annually and delivers training to over 1,900 individuals annually. 8146493 true true false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true true false false false true 103 0 true 92 true false false false false false false false 0 false false false false false false false X 24 24 false false true false false false false true true false false true true true true true true true true false X GLENN BALDWIN 2145200023 1409 BOTHAM JEAN BLVD 1015 DALLAS TX 75215 BYRON K SANDERS President & CEO 40.00 0.00 X 221292 0 8596 GLENN BALDWIN CFO 40.00 0.00 X 171313 0 8596 ERIN OFFORD chief prog sys off 40.00 0.00 132140 0 8596 GREGORY MACPHERSON chief bti officer 40.00 0.00 117215 0 8596 KARIM VIRANI DIRECTOR OF IT 40.00 0.00 112635 0 0 VANA HAMMOND PARHAM Director 2.00 0.00 X 0 0 0 DENNIS PALMER Director 2.00 0.00 X 0 0 0 BETH GANSLEN Director 2.00 0.00 X 0 0 0 TYNESIA BOYEA-ROBINSON Director 2.00 0.00 X 0 0 0 ANTHONY BEGON Director 2.00 0.00 X 0 0 0 JENNIFER GORMER Director 2.00 0.00 X 0 0 0 ANDREW LEGRAND Director 2.00 0.00 X 0 0 0 RENE MARTINEZ Director 2.00 0.00 X 0 0 0 THERESA FLORES Director 2.00 0.00 X 0 0 0 SYDNEY BLOCHER Director 2.00 0.00 X 0 0 0 HOLLIE NEAL MORGAN Chair. 2.00 0.00 X X 0 0 0 TODD WESTERBURG Director 2.00 0.00 X 0 0 0 TREVOR REES-JONES III Director 2.00 0.00 X 0 0 0 Rick Darlow Director 2.00 0.00 X 0 0 0 EMILY ROBBEN Treasurer 2.00 0.00 X X 0 0 0 JARED GINTER Director 2.00 0.00 X 0 0 0 LISA GIUROIU Director 2.00 0.00 X 0 0 0 PETER MURIUNGI Director 2.00 0.00 X 0 0 0 MYLES MELVILLE Director 2.00 0.00 X 0 0 0 RINA PARIKH Director 2.00 0.00 X 0 0 0 DON TEMPLIN Secretary 2.00 0.00 X X 0 0 0 Irene Hosford Director 2.00 0.00 X 0 0 0 DANICA MATHES IMMD PAST CHAIR 2.00 0.00 X X 0 0 0 ELI MERCADO Director 2.00 0.00 X 0 0 0 754595 34384 5 false true false SOUTHERN METHODIST UNIVERSITY PO BOX 750511 DALLAS TX 75275 RESEARCH PROJECT 125184 STRATEGIC FOCUS EDUCATION SERVICES 1808 S GOOD LATIMER EXPY DALLAS TX 75226 PEO 109199 CONNECTIVE AGENCY TX LLC 1356 CHEMICAL ST DALLAS TX 75207 MARKETING 129622 NORTHWESTERN UNIVERSITY 2121 CAMPUS DRIVE EVANSTON IL 60208 PLATFORM MANAGER 150000 4 1937458 6415130 2000 8352588 OTHER INCOME 900099 198873 198873 PROGRAM SERVICE FEES 611710 2123414 2123414 2322287 822 822 0 0 0 0 0 0 0 0 10675697 2322287 822 0 0 0 0 469090 94849 279392 94849 0 4911704 4584367 235866 91471 0 375260 339165 25695 10400 407363 355157 38284 13922 0 525 439 86 22485 18799 3686 0 0 0 138578 115862 22716 145593 94655 50938 38789 23699 15090 260050 190295 68613 1142 0 282363 208396 73967 141721 110281 31207 233 0 0 0 0 52239 33955 18284 90618 65101 25517 CONTRACT SERVICES 1334786 912797 293420 128569 AGENCY FEES 458096 458096 SUPPLIES 427337 420682 6655 MISCELLANEOUS 106759 52404 49424 4931 76291 67494 7021 1776 9739647 8146493 1239206 353948 955104 1631944 0 434199 162357 68782 600365 0 0 0 0 8263 63672 1701104 1577864 118124 123240 3580193 1780564 0 0 0 0 5164665 4362142 932920 893215 1069600 1150731 521463 3153251 1414678 X 2011414 2922464 25000 2011414 2947464 5164665 4362142 936050 X false true X true false X 4568185 6986245 5111258 7064778 8352588 32083054 0 0 4568185 6986245 5111258 7064778 8352588 32083054 7154704 24928350 11094 18633 4115 259 822 34923 0 0 32117977 11582243 0.77610 0.79280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1701104 1577864 123240 123240 DEF.REVENUE, RENT & LEASE INCENTIVE 271463 REFUNDABLE ADVANCES 250000 521463 X Part X : FIN48 Footnote The Organization is exempt from federal income taxes under section 501(c)(3) of the IRC and has not been classified as a private foundation as defined in the IRC. Income generated from activities unrelated to the Organizations exempt purposes is subject to tax under IRC Section 511. The Organization had no unrelated business income for the year ended June 30, 2022. GAAP requires the evaluation of tax positions taken in the course of preparing the Organizations tax returns and recognition of a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Organization, and has concluded that as of June 30, 2022, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. X X X false false false false false false false false false BYRON K SANDERS President & CEO 218182 3110 8596 229888 GLENN BALDWIN CFO 162995 8318 8596 179909 Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents Effective June 2021, the Executive Board and Board of Directors were combined and the Executive Board was eliminated. Form 990, Part VI, Line 11b: Form 990 Review Process The CFO reviews a draft of the Preparer's Form 990 in detail. Afterwards, a copy is sent to the board of directors for its review and comment prior to filing the return. The CFO then signs the return after considering board comments. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The conflict of interest disclosure statement is sent to officers, directors and key employees annually. The organization's bylaws include a conflict of interest policy. A designated group ensures receipt of the disclosure statements and addresses any issues as needed. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Salary of officers and key employees is determined by compensation survey and comparisons to similar organizations. The annual operating budget, which includes salaries, is approved by the Board of Directors. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents, policies and financial statements are available upon request. FORM 990, PART X BALANCE SHEET THE AUDITED FINANCIAL STATEMENTS ARE PREPARED ON A CONSOLIDATED BASIS WHICH INCLUDES THE BIG THOUGHT ENDOWMENT FUND. FOR THE PURPOSE OF THIS 990, ASSETS AND UNRESTRICTED NET ASSETS ARE DECREASED BY $2,970. Big Thought Endowment Fund 1409 BOTHAM JEAN BLVD 1015 Dallas TX 75215 320100426 Support Big Thought TX 501(c)(3) 11 BIG THOUGHT true false false false false false false false false false false false false false true true false false false false