Minnesota Internship Center Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,946,387 | 4,192,224 | −245,837 | 1.7 | 46% |
| 2012 | 3,507,135 | 3,958,830 | −451,695 | 1.4 | 38% |
| 2013 | 3,591,579 | 3,623,415 | −31,836 | 0.3 | 47% |
| 2014 | 4,068,856 | 3,981,703 | 87,153 | 0.5 | 46% |
| 2015 | 4,965,503 | 3,961,379 | 1,004,124 | -2.0 | 42% |
| 2016 | 5,988,968 | 5,704,504 | 284,464 | -0.5 | 49% |
| 2017 | 7,298,302 | 7,646,778 | −348,476 | -2.6 | 48% |
| 2018 | 8,271,929 | 6,647,872 | 1,624,057 | -2.7 | 48% |
| 2019 | 6,945,697 | 6,788,695 | 157,002 | -1.3 | 46% |
| 2020 | 5,928,066 | 6,643,418 | −715,352 | -3.4 | 50% |
| 2021 | 7,335,276 | 6,441,803 | 893,473 | -2.4 | 50% |
| 2022 | 7,296,882 | 8,724,775 | −1,427,893 | -3.4 | 44% |
| 2023 | 6,984,392 | 6,913,980 | 70,412 | -4.1 | 50% |
| 2024 | 5,863,823 | 5,608,953 | 254,870 | -4.5 | 48% |
In its most recent public year (2024), this organization brought in $254,870 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.5 months), down from 1.7 in 2011. Staff pay was 48% of spending. $53,979 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 2024. 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 Internship Center Charter School's IRS filings as a feed — one entry per filing year, through 2024. 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