Minnesota News Media Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 744,976 | 152,850 | 592,126 | 46.6 | 0% |
| 2012 | 264,662 | 150,815 | 113,847 | 56.1 | 0% |
| 2013 | 513,227 | 155,839 | 357,388 | 85.5 | 0% |
| 2014 | 153,781 | 161,648 | −7,867 | 83.6 | 0% |
| 2015 | 135,823 | 159,281 | −23,458 | 78.8 | 0% |
| 2016 | 283,765 | 164,254 | 119,511 | 86.9 | 0% |
| 2017 | 107,753 | 149,156 | −41,403 | 100.9 | 0% |
| 2018 | 79,482 | 96,903 | −17,421 | 143.0 | 0% |
| 2019 | 185,828 | 97,235 | 88,593 | 177.2 | 0% |
| 2020 | 41,377 | 95,657 | −54,280 | 187.2 | 0% |
| 2021 | 46,043 | 60,939 | −14,896 | 337.3 | 0% |
| 2022 | 45,062 | 115,058 | −69,996 | 148.3 | 0% |
| 2023 | 178,407 | 134,252 | 44,155 | 130.4 | 0% |
In its most recent public year (2023), this organization brought in $44,155 more than it spent. Its reserves stood at about 130.4 months of spending, up from 46.6 in 2011. Staff pay was 0% of spending. $1,192,098 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Minnesota News Media Institute Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works