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COLOR FARM IMPACT INC
NEW YORK, NY · EIN 933401211 · Form 990 · FY2024 · NTEE A31 · Arts, Culture & Humanities · Small ($100K-$1M) · colorfarmimpact.org
revenue
$376K
expenses
$51K
net assets
$326K
employees
0
volunteers
4
program ratio
92%
mission · from form 990

COLOR FARM IMPACT WAS CREATED TO LIFT UP THE NEXT GENERATION OF LEADERS, WORLD BUILDERS, AND FUTURISTS BY WORKING AT THE FOREFRONT OF INNOVATION- BUILDING DISRUPTIVE TECHNOLOGY, CREATING AND AMPLIFYING DYNAMIC STORIES THROUGH MEDIA, HARNESSING DATA AND RESEARCH, AND DEVELOPING POWERFUL AND TRANSFORMATIVE LEADERSHIP AND EDUCATION CURRICULA (USING TECHNOLOGY AND STORY) TO INSPIRE, INFORM, AND FUTURE-PROOF A BOLD NEW WAVE OF LEADERS.

profile · synthesized from sources

Color Farm Impact is a nonprofit organization focused on developing leadership, economic mobility, and social change through storytelling, technology, and data-driven education. It creates leadership curricula for students, produces media content on social issues, and builds AI-powered tools to assess talent and impact equitably. The organization operates nationally with an emphasis on underrepresented communities.

named programs · 4 · from sources

What they call their work

Climate & Sustainability Storytelling
National partnerships using narrative and media to promote climate resilience and sustainability initiatives in communities
Reparations Work & Data Research
Research initiative combining data analysis and storytelling to advance reparations and economic justice efforts
The Dharma Project
AI-driven data tool creating fair, value assessments across media, sports, and corporate sectors to support equitable talent recognition and economic mobility
The Maxine Shaw Effect
Leadership curriculum for middle and high school students focused on developing essential skills for future leadership
activities · 5 groups

What they do

  • Impact Investing Knowledge & Technology Platforms 1 activity
    • Creates AI-driven equity tool for media and corporate sectors
      Develops The Dharma Project, an AI-powered tool that generates fair, data-backed value assessments in media, sports, and corporate industries to advance equity.
  • Leadership Development Programs 1 activity
    • Develops disruptive technology for leadership development
      Builds innovative technology platforms as part of its mission to future-proof emerging leaders through leadership development and education.
  • Youth Leadership Development Programs 1 activity
    • Implements leadership curriculum for youth
      Delivers The Maxine Shaw Effect curriculum to middle and high school students to develop leadership skills through technology and storytelling.
  • Digital Communications and Content Management 1 activity
    • Produces media stories to inspire emerging leaders
      Creates and amplifies dynamic media content using storytelling to inform and inspire the next generation of leaders.
  • Emerging Filmmaker Support Programs 1 activity
    • Provides capacity-building programs for diverse writers
      Offers workshops, mentorship programs, and writing labs to support writers from underrepresented backgrounds, in partnership with organizations like WeScreenplay.
financials · form 990 · fy2024
revenue
Total revenue$376K
Contributions & grants$190K51%
Program service revenue$186K49%
Investment income$430%
Other revenue$0
expenses
Total expenses$51K
Program expenses92%
Admin / overhead8%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$326K
Cash$326K
Investments$0
Liabilities$164
Net assets$326K
Liquid reserves77.3 mo
2 years on record · 2023–2024
leadership · form 990 part vii · fy2024

Who runs it

board members · 4
  • ALVIN STARKS — DIRECTOR
  • BENJAMIN ARNON — CO-FOUNDER/D
  • BRIDGIT ANTOINETTE EVANS — DIRECTOR
  • ERIKA ALEXANDER — CO-FOUNDER/D
relationships · 7

Who they work with

  • WeScreenplay Partner — Collaborates with WeScreenplay on Diverse Voices Labs to support underrepresented writers.
  • WeScreenplay Partner — Partner organization collaborating with Color Farm Impact to identify and support underrepresented voices in screenwriting.
  • corporate sponsors Funder — Receives support from corporate sponsors to fund community-strengthening programs.
  • corporations Partner — Partners with corporations to create programming and dynamic content that supports economic mobility.
  • financial institutions Partner — Partners with financial institutions to establish pathways to economic mobility through programming and content.
  • foundations Funder — Receives funding from foundations to support its initiatives.
  • philanthropists Funder — Receives support from philanthropists to fund programs in education, storytelling, and technology.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Mentorship-Driven Talent Development
    methodology: talent-development-through-mentorship
    By providing workshops, mentorship, and writing labs to underrepresented writers, we increase representation in the entertainment industry, because structured developmental support enables sustained access and professional growth.
  • Storytelling for Systemic Change
    methodology: storytelling_for_systemic_change
    By leveraging powerful narratives and shifting dominant stories, we drive public engagement and action on systemic issues such as economic injustice and climate change, because narrative change precedes structural change.
  • Technology-Enhanced Talent Equity and Leadership Development
    methodology: technology-and-storytelling-for-economic-mobility
    By combining AI-powered technology with structured leadership curricula and storytelling, we identify and develop underrepresented talent, because equitable measurement and accessible tools increase pathways to economic mobility and transformative leadership.