<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF YOUNG MINDS, INCORPORATED AS OF AND FOR THE YEAR ENDED JUNE 30, 1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1995 <PERIOD-END> JUN-30-1996 <CASH> 120,567 <SECURITIES> 0 <RECEIVABLES> 602,410 <ALLOWANCES> 5,000 <INVENTORY> 182,316 <CURRENT-ASSETS> 1,003,712 <PP&E> 955,712 <DEPRECIATION> 502,423 <TOTAL-ASSETS> 3,430,631 <CURRENT-LIABILITIES> 3,777,532 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,965,140 <OTHER-SE> (4,017,030) <TOTAL-LIABILITY-AND-EQUITY> 3,430,631 <SALES> 6,702,237 <TOTAL-REVENUES> 6,702,237 <CGS> 3,133,518 <TOTAL-COSTS> 3,133,518 <OTHER-EXPENSES> 402,560 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 808,192 <INCOME-PRETAX> (860,341) <INCOME-TAX> 100,000 <INCOME-CONTINUING> (760,341) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (760,341) <EPS-PRIMARY> (0.16) <EPS-DILUTED> 0