Civic Intelligence

Minnpost

990 • Fiscal year 2020 • EIN 26-0573427

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 17, 2021

Organization Profilewww.minnpost.com

View Organization Page

635 9th St SE No 220Minneapolis, MN 55414

(612) 455-6950

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.03x

Higher debt load relative to assets than 34% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

78th percentile

26%

Higher net margin than 78% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

63rd percentile

$86,912

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

95th percentile

141%

Faster asset growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

63%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$1,047,210

Up $612,362 (+141%) from 2019

Net Assets

Up

$1,019,041

Up $627,950 (+161%) from 2019

Liabilities

Down

$28,169

Down $15,588 (-36%) from 2019

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin78th percentile

Revenue

Up

$2,418,153

Up $936,455 (+63%) from 2019

Expenses

Down

$1,790,203

Down $235,964 (-12%) from 2019

Net Income

Up

$627,950

Up $1,172,419 (+215%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $346,143Liabilities 2011: $64,579Net Assets 2011: $281,5642011Assets 2015: $1,203,258Liabilities 2015: $42,194Net Assets 2015: $1,161,0642015Assets 2016: $751,592Liabilities 2016: $35,245Net Assets 2016: $716,3472016Assets 2017: $772,198Liabilities 2017: $49,168Net Assets 2017: $723,0302017Assets 2018: $933,029Liabilities 2018: $91,969Net Assets 2018: $841,0602018Assets 2019: $434,848Liabilities 2019: $43,757Net Assets 2019: $391,0912019Assets 2020: $1,047,210Liabilities 2020: $28,169Net Assets 2020: $1,019,0412020Assets 2021: $1,303,702Liabilities 2021: $51,109Net Assets 2021: $1,252,5932021Assets 2022: $1,269,517Liabilities 2022: $167,343Net Assets 2022: $1,102,1742022Assets 2024: $2,917,619Liabilities 2024: $168,573Net Assets 2024: $2,749,0462024

Highlighted filing

2020

Assets$1,047,210
Liabilities$28,169
Net Assets$1,019,041
Open 2020 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,449,1842011Revenue 2015: $1,553,505Expenses 2015: $1,737,470Net Income 2015: -$183,9652015Revenue 2016: $1,254,081Expenses 2016: $1,698,798Net Income 2016: -$444,7172016Revenue 2017: $1,635,238Expenses 2017: $1,628,555Net Income 2017: $6,6832017Revenue 2018: $1,929,605Expenses 2018: $1,811,575Net Income 2018: $118,0302018Revenue 2019: $1,481,698Expenses 2019: $2,026,167Net Income 2019: -$544,4692019Revenue 2020: $2,418,153Expenses 2020: $1,790,203Net Income 2020: $627,9502020Revenue 2021: $1,954,386Expenses 2021: $1,720,834Net Income 2021: $233,5522021Revenue 2022: $1,699,273Expenses 2022: $1,849,692Net Income 2022: -$150,4192022Revenue 2024: $3,424,347Expenses 2024: $2,212,805Net Income 2024: $1,211,5422024

Highlighted filing

2020

Revenue$2,418,153
Expenses$1,790,203
Net Income$627,950
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 17, 2021
Return Version
2020v4.1
Gross Receipts
$2,422,549
Mission and Program Overview

Mission

MinnPost produces independent journalism to serve as a trusted guide for Minnesotans exploring the critical issues, challenges and opportunities facing our state.

Publish high quality journalism that will support democracy and strengthen community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$227,949$694,398▲ $466,449
Pledges and Grants Receivable$118,590$296,081▲ $177,491
Accounts Receivable$67,597$34,357▼ $33,240
Prepaid Expenses and Deferred Charges$19,187$20,849▲ $1,662
Total Assets$434,848$1,047,210▲ $612,362
Other Assets Total$1,525$1,525→ $0
Liabilities
Accounts Payable and Accrued Expenses$38,751$28,169▼ $10,582
Deferred Revenue$5,006--
Total Liabilities$43,757$28,169▼ $15,588
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$137,174$618,118▲ $480,944
Net Assets With Donor Restrictions$253,917$400,923▲ $147,006
Total Net Assets Fund Balance$391,091$1,019,041▲ $627,950
Total Liabilities and Net Assets / Fund Balance$434,848$1,047,210▲ $612,362
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tanner CurlExecutive DirectorFT$73,277$13,635$86,912

Board Members and Trustees

NameTitle
Rebecca ShavlikChair
Jill FieldPast Chair
AJ ColianniDirector
Adair MosleyDirector
Ann PossisDirector
Barbara KlaasDirector
Bill McKinneyDirector
Chau EspensonDirector
Chele StonerDirector
David HartwellDirector
Diane HofstedeDirector
Fran DavisDirector
Fred SemmerDirector
Glenn MilerDirector
Jack DempseyDirector
Jane MaurerDirector
Jim EricksonDirector
Joel KramerDirector
John TieszenDirector
Karin BirkelandDirector
Katie ColeDirector
Kevin ArmstrongDirector
Kim KievesDirector
Laurie KramerDirector
Lynette DumalagDirector
Max MusicantDirector
Nancy FeldmanDirector
P Jay KiedrowskiDirector
Tom HornerDirector
Toya Stewart DowneyDirector
Vernae HasbargenDirector
John SatoriusSecretary
Peter HutchinsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,034,592
Program Service Revenue
$245,376
Investment Income
$3,041
Other Revenue
$135,144
All Other Contributions
$1,738,545
Change in Net Assets
$627,950

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,418,153
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,418,153
Total Revenue per Form 990
$2,418,153
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,304,606
Other Expenses$485,597
Total Fundraising Expense$265,184
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$788,572$83,459$164,118$1,036,149
Fees for Services Other$204,808$1,053$3,931$209,792
Current Officers, Directors, Trustees, and Key Employees$66,146$7,001$13,766$86,913
Payroll Taxes$61,708$6,531$12,843$81,082
Other Employee Benefits$58,626$6,205$12,201$77,032
Occupancy$53,195$2,283$8,524$64,002
Office Expenses$30,782$3,186$6,882$40,850
Fees for Services Accounting-$27,109-$27,109
Pension Plan Contributions$17,832$1,887$3,711$23,430
Advertising$16,176-$3,941$20,117
Insurance$14,951$516$1,927$17,394
Information Technology$16,650--$16,650
All Other Expenses$6,491$1,224$5,898$13,613
Other Expenses$6,669$888$410$7,967
Travel$3,633$1,171$738$5,542
Conferences and Meetings$15$24$14$53
Total Functional Expenses$1,375,792$149,227$265,184$1,790,203

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,790,203
Total Expenses per Audited Statements$1,790,203
Total Expenses per Form 990$1,790,203
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$139,419
Fundraising Direct Expenses$4,396
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
MinnRoast$120,518$97,789$1,754$96,035
Anniversary$64,248$41,630$2,642$38,988
Total Events$184,766$139,419$4,396$135,023
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“One board member is married to another (Laurie & Joel Kramer).”

Form 990, Part VI, Section B, line 11B

“The Form 990 will be reviewed by management, the Finance Committee, and the Board prior to filing.”

Form 990, Part VI, Section B, line 15A

“The Executive Director's pay is determined by the board's executive review and compensation committee.”

Form 990, Part VI, Section C, line 19

“The Organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
MinnPost
EIN
26-0573427
Phone
6124556950
Address
635 9th St SE No 220, Minneapolis, MN 55414

Signing Officer

Name
Rebecca Shavlik
Title
Board Chair
Phone
6124556950
Signed
2021-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Shavlik
Formed
2007
Legal Domicile
Mn
Voting Board Members
33
Independent Board Members
33
Employees
21
Volunteers
38

Preparer

Firm
Abdo Eick & Meyers LLP
Address
5201 Eden Avenue Suite 250, Edina, MN 55436
Preparer
Steven D Anseth CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Professional Fees and Contract Services: Program service expenses 204,808. Management and general expenses 1,053. Fundraising expenses 3,931. Total expenses 209,792.”

Form 990, Part XII, Line 2C:

“The process has not changed from the prior year.”

Raw XML AppendixShowing 400 of 655 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0MinnPost produces thoughtful, in-depth journalism about civic and cultural affairs impacting Minnesota. We publish this coverage and make it available for free to readers through our website and offer free re-publication to any member of the Minnesota Newspaper Association. Through our reporting, we take readers beyond the headlines and deep into the issues that matter through our public-service journalism, empowering them to engage in the politics and policy-making shaping Minnesota's future.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Tanner Curl
IRS990/Form990PartVIISectionAGrp/PersonNm1Rebecca Shavlik
IRS990/Form990PartVIISectionAGrp/PersonNm2Jill Field
IRS990/Form990PartVIISectionAGrp/PersonNm3John Satorius
IRS990/Form990PartVIISectionAGrp/PersonNm4Peter Hutchinson
IRS990/Form990PartVIISectionAGrp/PersonNm5Kevin Armstrong
IRS990/Form990PartVIISectionAGrp/PersonNm6Karin Birkeland
IRS990/Form990PartVIISectionAGrp/PersonNm7Katie Cole
IRS990/Form990PartVIISectionAGrp/PersonNm8AJ Colianni
IRS990/Form990PartVIISectionAGrp/PersonNm9Fran Davis
IRS990/Form990PartVIISectionAGrp/PersonNm10Jack Dempsey
IRS990/Form990PartVIISectionAGrp/PersonNm11Lynette Dumalag
IRS990/Form990PartVIISectionAGrp/PersonNm12Jim Erickson
IRS990/Form990PartVIISectionAGrp/PersonNm13Chau Espenson
IRS990/Form990PartVIISectionAGrp/PersonNm14Nancy Feldman
IRS990/Form990PartVIISectionAGrp/PersonNm15David Hartwell
IRS990/Form990PartVIISectionAGrp/PersonNm16Vernae Hasbargen
IRS990/Form990PartVIISectionAGrp/PersonNm17Diane Hofstede
IRS990/Form990PartVIISectionAGrp/PersonNm18Tom Horner
IRS990/Form990PartVIISectionAGrp/PersonNm19P Jay Kiedrowski
IRS990/Form990PartVIISectionAGrp/PersonNm20Kim Kieves
IRS990/Form990PartVIISectionAGrp/PersonNm21Barbara Klaas
IRS990/Form990PartVIISectionAGrp/PersonNm22Joel Kramer
IRS990/Form990PartVIISectionAGrp/PersonNm23Laurie Kramer
IRS990/Form990PartVIISectionAGrp/PersonNm24Jane Maurer
IRS990/Form990PartVIISectionAGrp/PersonNm25Bill McKinney
IRS990/Form990PartVIISectionAGrp/PersonNm26Glenn Miler
IRS990/Form990PartVIISectionAGrp/PersonNm27Adair Mosley
IRS990/Form990PartVIISectionAGrp/PersonNm28Max Musicant
IRS990/Form990PartVIISectionAGrp/PersonNm29Ann Possis
IRS990/Form990PartVIISectionAGrp/PersonNm30Fred Semmer
IRS990/Form990PartVIISectionAGrp/PersonNm31Toya Stewart Downey
IRS990/Form990PartVIISectionAGrp/PersonNm32Chele Stoner
IRS990/Form990PartVIISectionAGrp/PersonNm33John Tieszen
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt330
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director
IRS990/Form990PartVIISectionAGrp/TitleTxt29Director
IRS990/Form990PartVIISectionAGrp/TitleTxt30Director
IRS990/Form990PartVIISectionAGrp/TitleTxt31Director
IRS990/Form990PartVIISectionAGrp/TitleTxt32Director
IRS990/Form990PartVIISectionAGrp/TitleTxt33Director
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Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,047,210
Liabilities
$28,169
Net assets
$1,019,041
Revenue
$2,418,153
Expenses
$1,790,203
Net income
$627,950
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$0.17$2.75$3.42$2.21$1.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.17$1.10$1.70$1.85$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.05$1.25$1.95$1.72$0.23
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.03$1.02$2.42$1.79$0.63
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.04$0.39$1.48$2.03$0.54
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.09$0.84$1.93$1.81$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.05$0.72$1.64$1.63$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.04$0.72$1.25$1.70$0.44
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.04$1.16$1.55$1.74$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.06$0.28$1.45