Overview

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Est.

1973

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The National Minority Supplier Development Council Inc (EIN: 23-7348220) is dedicated to advancing business opportunities for certified minority business enterprises and connecting them with corporate members, primarily focusing on arts and culture. With an operating budget of $31.4 million and total revenue of $29.7 million for the 2024 filing year, the organization has significant financial backing, although it does not rely on a single funder for 50% or more of its revenue. For more information, visit www.nmsdc.org.

Mission Statement

THE NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL ADVANCES BUSINESS OPPORTUNITIES FOR CERTIFIED MINORITY BUSINESS ENTERPRISES AND CONNECTS THEM TO CORPORATE MEMBERS.
Revenues
$29.7M
Expenses
$31.7M
Net Income:
-$1.9M
Assets
$10.8M
Liabilities
$5.3M
Net Assets:
+$5.4M
Operating Budget
$31.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
11
Median grant size
$31K
Largest grant received
$195.8K
Y
Ying McGuire
Board Member
P
Pauline Gebon
Board Member
S
Stefan Bradham
Board Member

Frequently Asked Questions

What is NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC’s budget?
In 2024, NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC reported an annual operating budget of around $31.4 million. More detailed financial information is available to registered users.
What causes does NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC support?
NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC supports work in Arts and culture.
Where does NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC operate?
NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC is headquartered in New York, NY.
Who funded NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC recently?
In 2025, NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CHARITIES AID FOUNDATION AMERICA, and The Pew Charitable Trusts. More information on this organization’s funders is available to registered users.
What is the largest grant NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC received in 2024?
The largest grant to NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC in 2024 exceeds $196 thousand.
What is NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC’s reliance on government grants?
NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL INC relied on government grants for less than 5% of their total revenue in 2024.