Civic Intelligence

Minnpost

990 • Fiscal year 2021 • EIN 26-0573427

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 02, 2022

Organization Profilewww.minnpost.com

View Organization Page

635 9th St SE 220Minneapolis, MN 55414

(612) 455-6950

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.04x

Higher debt load relative to assets than 43% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

33rd percentile

0.03x

Higher debt load relative to revenue than 33% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

49th percentile

12%

Higher net margin than 49% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

78th percentile

$123,024

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

73rd percentile

24%

Faster asset growth than 73% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

14th percentile

-19%

Faster revenue growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$1,303,702

Up $256,492 (+24%) from 2020

Net Assets

Up

$1,252,593

Up $233,552 (+23%) from 2020

Liabilities

Up

$51,109

Up $22,940 (+81%) from 2020

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin49th percentile

Revenue

Down

$1,954,386

Down $463,767 (-19%) from 2020

Expenses

Down

$1,720,834

Down $69,369 (-3.9%) from 2020

Net Income

Down

$233,552

Down $394,398 (-63%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth73rd 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

2021

Assets$1,303,702
Liabilities$51,109
Net Assets$1,252,593
Open 2021 Filing

Operations Trend

Revenue Growth14th 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

2021

Revenue$1,954,386
Expenses$1,720,834
Net Income$233,552
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 2, 2022
Return Version
2021v4.2
Gross Receipts
$1,970,549
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$694,398$1,235,634▲ $541,236
Pledges and Grants Receivable$296,081--
Prepaid Expenses and Deferred Charges$20,849$38,381▲ $17,532
Accounts Receivable$34,357$28,162▼ $6,195
Total Assets$1,047,210$1,303,702▲ $256,492
Other Assets Total$1,525$1,525→ $0
Liabilities
Accounts Payable and Accrued Expenses$28,169$51,109▲ $22,940
Total Liabilities$28,169$51,109▲ $22,940
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$618,118$846,403▲ $228,285
Net Assets With Donor Restrictions$400,923$406,190▲ $5,267
Total Net Assets Fund Balance$1,019,041$1,252,593▲ $233,552
Total Liabilities and Net Assets / Fund Balance$1,047,210$1,303,702▲ $256,492
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tanner CurlExecutive DirectorFT$90,000$33,024$123,024

Board Members and Trustees

NameTitle
Rebecca ShavlikBoard Chair
Jill FieldPast Chair
Peter HutchinsonVice Chair/Treasurer
AJ ColianniDirector
Adair MosleyDirector
Ann PossisDirector
Barbara KlaasDirector
Diane HofstedeDirector
Fran DavisDirector
Fred SemmerDirector
Glenn MillerDirector
Jack DempseyDirector
Jim EricksonDirector
Joel KramerDirector
Jonathan KealingDirector
Karen SchanfieldDirector
Katie ColeDirector
Kevin ArmstrongDirector
Kim KievesDirector
Laurie KramerDirector
Les SuzukamoDirector
Max MusicantDirector
Nancy FeldmanDirector
P Jay KiedrowskiDirector
Ruth Chelle StonerDirector
Tom HornerDirector
Toya Stewart DowneyDirector
John SatoriusSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,552,823
Program Service Revenue
$294,846
Investment Income
$270
Other Revenue
$106,447
All Other Contributions
$1,511,218
Change in Net Assets
$233,552

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$102,811Fair Market Value
Total Noncash Contributions2$102,811-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,954,386
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,954,386
Total Revenue per Form 990
$1,954,386
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,131,775
Other Expenses$589,059
Total Fundraising Expense$256,117
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$668,682$47,992$162,842$879,516
Fees for Services Other$225,199$1,656$6,339$233,194
Current Officers, Directors, Trustees, and Key Employees$93,534$6,713$22,777$123,024
Payroll Taxes$54,318$3,899$13,228$71,445
Occupancy$56,351$3,270$9,441$69,062
Fees for Services Legal$35,081$2,816$7,411$45,308
Fees for Services Accounting-$44,421-$44,421
Other Employee Benefits$32,454$2,329$7,905$42,688
Office Expenses$29,561$291$2,297$32,149
Information Technology$19,169$1,012$4,125$24,306
Insurance$15,257$215$834$16,306
Other Expenses$14,178$317$1,342$15,837
Pension Plan Contributions$11,482$824$2,796$15,102
All Other Expenses$4,937$600$3,354$8,891
Travel$3,725$61$294$4,080
Advertising-$6$3,365$3,371
Total Functional Expenses$1,320,192$144,525$256,117$1,720,834

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,720,834
Total Expenses per Audited Statements$1,720,834
Total Expenses per Form 990$1,720,834
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$122,058
Fundraising Direct Expenses$16,163
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Anniversary$105,982$85,982$10,164$75,818
MinnRoast$47,681$36,076$5,999$30,077
Total Events$163,663$122,058$16,163$105,895
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 12C

“The board discloses possible conflicts of interest annually by submitting and signing a form with those disclosures documented.”

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 220, Minneapolis, MN 55414

Signing Officer

Name
Rebecca Shavlik
Title
Board Chair
Phone
6124556950
Signed
2022-06-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Shavlik
Formed
2007
Legal Domicile
Mn
Voting Board Members
28
Independent Board Members
28
Employees
16
Volunteers
28

Preparer

Firm
Abdo LLP
Address
5201 Eden Ave Ste 250, Edina, MN 55436
Preparer
Steven D Anseth CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Writers: Program service expenses 179,303. Management and general expenses 0. Fundraising expenses 0. Total expenses 179,303. Photographers: Program service expenses 17,609. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,609. IT Support: Program service expenses 16,309. Management and general expenses 1,004. Fundraising expenses 3,897. Total expenses 21,210. Payroll Processing Fees: Program service expenses 10,220. Management and general expenses 652. Fundraising expenses 2,442. Total expenses 13,314. Other: Program service expenses 1,758. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,758.”

Form 990, Part XII, Line 2C:

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

Raw XML AppendixShowing 400 of 633 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/Form990PartVIISectionAGrp/PersonNm0Rebecca Shavlik
IRS990/Form990PartVIISectionAGrp/PersonNm1Peter Hutchinson
IRS990/Form990PartVIISectionAGrp/PersonNm2Jill Field
IRS990/Form990PartVIISectionAGrp/PersonNm3John Satorius
IRS990/Form990PartVIISectionAGrp/PersonNm4Kevin Armstrong
IRS990/Form990PartVIISectionAGrp/PersonNm5Katie Cole
IRS990/Form990PartVIISectionAGrp/PersonNm6AJ Colianni
IRS990/Form990PartVIISectionAGrp/PersonNm7Fran Davis
IRS990/Form990PartVIISectionAGrp/PersonNm8Jack Dempsey
IRS990/Form990PartVIISectionAGrp/PersonNm9Jim Erickson
IRS990/Form990PartVIISectionAGrp/PersonNm10Nancy Feldman
IRS990/Form990PartVIISectionAGrp/PersonNm11Diane Hofstede
IRS990/Form990PartVIISectionAGrp/PersonNm12Tom Horner
IRS990/Form990PartVIISectionAGrp/PersonNm13Jonathan Kealing
IRS990/Form990PartVIISectionAGrp/PersonNm14P Jay Kiedrowski
IRS990/Form990PartVIISectionAGrp/PersonNm15Kim Kieves
IRS990/Form990PartVIISectionAGrp/PersonNm16Barbara Klaas
IRS990/Form990PartVIISectionAGrp/PersonNm17Joel Kramer
IRS990/Form990PartVIISectionAGrp/PersonNm18Laurie Kramer
IRS990/Form990PartVIISectionAGrp/PersonNm19Glenn Miller
IRS990/Form990PartVIISectionAGrp/PersonNm20Adair Mosley
IRS990/Form990PartVIISectionAGrp/PersonNm21Max Musicant
IRS990/Form990PartVIISectionAGrp/PersonNm22Ann Possis
IRS990/Form990PartVIISectionAGrp/PersonNm23Karen Schanfield
IRS990/Form990PartVIISectionAGrp/PersonNm24Fred Semmer
IRS990/Form990PartVIISectionAGrp/PersonNm25Toya Stewart Downey
IRS990/Form990PartVIISectionAGrp/PersonNm26Ruth Chelle Stoner
IRS990/Form990PartVIISectionAGrp/PersonNm27Les Suzukamo
IRS990/Form990PartVIISectionAGrp/PersonNm28Tanner Curl
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
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/TitleTxt28Executive Director
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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,303,702
Liabilities
$51,109
Net assets
$1,252,593
Revenue
$1,954,386
Expenses
$1,720,834
Net income
$233,552
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
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.05$1.25$1.95$1.72$0.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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