Civic Intelligence

Minnpost

990 • Fiscal year 2024 • EIN 26-0573427

Jan 01, 2024 to Dec 31, 2024 • Filed on May 22, 2025

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

49th percentile

0.06x

Higher debt load relative to assets than 49% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

43rd percentile

0.05x

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$135,971

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

93rd percentile

72%

Faster asset growth than 93% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

46%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$2,917,619

Up $1,648,102 (+130%) from 2022

Net Assets

Up

$2,749,046

Up $1,646,872 (+149%) from 2022

Liabilities

Up

$168,573

Up $1,230 (+0.7%) from 2022

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin84th percentile

Revenue

Up

$3,424,347

Up $1,725,074 (+102%) from 2022

Expenses

Up

$2,212,805

Up $363,113 (+20%) from 2022

Net Income

Up

$1,211,542

Up $1,361,961 (+905%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth93rd 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

2024

Assets$2,917,619
Liabilities$168,573
Net Assets$2,749,046
Open 2024 Filing

Operations Trend

Revenue Growth81st 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

2024

Revenue$3,424,347
Expenses$2,212,805
Net Income$1,211,542
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 22, 2025
Return Version
2024v5.1
Gross Receipts
$3,494,998
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$564,953$1,247,242▲ $682,289
Pledges and Grants Receivable$385,817$835,313▲ $449,496
Savings and Temporary Cash Investments$578,798$719,578▲ $140,780
Prepaid Expenses and Deferred Charges$3,264$21,142▲ $17,878
Accounts Receivable$45,342$16,831▼ $28,511
Total Assets$1,700,824$2,917,619▲ $1,216,795
Other Assets Total$122,650$77,513▼ $45,137
Liabilities
Other Liabilities$122,970$78,340▼ $44,630
Deferred Revenue-$53,000-
Accounts Payable and Accrued Expenses$40,350$37,233▼ $3,117
Total Liabilities$163,320$168,573▲ $5,253
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$987,024$2,015,786▲ $1,028,762
Net Assets With Donor Restrictions$550,480$733,260▲ $182,780
Total Net Assets Fund Balance$1,537,504$2,749,046▲ $1,211,542
Total Liabilities and Net Assets / Fund Balance$1,700,824$2,917,619▲ $1,216,795
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth DunbarEditorFT$135,971-$135,971
Tanner CurlExecutive DirectorFT$105,921$15,897$121,818

Board Members and Trustees

NameTitle
Peter HutchinsonBoard Chair
Adair MosleyVice Chair
AJ ColianniDirector
Diane HofstedeDirector
Ellen ArchibaldDirector
Fran DavisDirector
Glenn MillerDirector
Jack DempseyDirector
Jill FieldDirector
Jim EricksonDirector
Joel KramerDirector
Johnathan KealingDirector
Karen SchanfieldDirector
Laurie KramerDirector
Leslie SuzukamoDirector
Marsha Pitts-PhillipsDirector
Max MusicantDirector
Nancy FeldmanDirector
P Jay KiedrowskiDirector
Rebecca ShavlikDirector
Tom HornerDirector
Toya Stewart DowneyDirector
Kari RuthSecretary
Katie ColeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,147,634
Program Service Revenue
$267,993
Investment Income
$33,653
Other Revenue
$-24,933
All Other Contributions
$3,061,634
Change in Net Assets
$1,211,542

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,424,347
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,424,347
Total Revenue per Form 990
$3,424,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,535,882
Other Expenses$676,923
Total Fundraising Expense$507,355
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$749,936$50,026$288,576$1,088,538
Current Officers, Directors, Trustees, and Key Employees$177,601$11,848$68,341$257,790
Fees for Services Management$181,341$129$17,000$198,470
Payroll Taxes$67,304$4,490$25,899$97,693
Other Employee Benefits$63,287$4,221$24,353$91,861
Office Expenses$77,122$1,957$10,321$89,400
Occupancy$52,979$3,534$20,386$76,899
Fees for Services Accounting-$49,709-$49,709
Information Technology$31,532$2,103$12,133$45,768
Fees for Services Other$18,739$1,246$7,210$27,195
Travel$14,367$712$2,024$17,103
Other Expenses$8,856$4,113$3,992$16,961
Advertising$13,400--$13,400
All Other Expenses$8,110$541$3,121$11,772
Insurance$3,886$259$1,495$5,640
Fees for Services Legal$3,485--$3,485
Total Functional Expenses$1,543,716$161,734$507,355$2,212,805

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,212,805
Total Expenses per Audited Statements$2,212,805
Total Expenses per Form 990$2,212,805
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 Direct Expenses$70,651
Fundraising Gross Income$45,718
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
MinnPost Festival$121,476$45,476$63,086$-17,610
MinnPost Social$10,242$242$7,565$-7,323
Total Events$131,718$45,718$70,651$-24,933
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$78,340
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.”

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 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
Peter Hutchinson
Title
Board Chair
Phone
6124556950
Signed
2025-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Hutchinson
Formed
2007
Legal Domicile
Mn
Voting Board Members
24
Independent Board Members
24
Employees
20
Volunteers
17

Preparer

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

Additional Explanations

Form 990, Part XII, Line 2C:

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

Raw XML AppendixShowing 400 of 601 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/PersonNm0Peter Hutchinson
IRS990/Form990PartVIISectionAGrp/PersonNm1Adair Mosley
IRS990/Form990PartVIISectionAGrp/PersonNm2Katie Cole
IRS990/Form990PartVIISectionAGrp/PersonNm3Kari Ruth
IRS990/Form990PartVIISectionAGrp/PersonNm4Ellen Archibald
IRS990/Form990PartVIISectionAGrp/PersonNm5AJ Colianni
IRS990/Form990PartVIISectionAGrp/PersonNm6Fran Davis
IRS990/Form990PartVIISectionAGrp/PersonNm7Jack Dempsey
IRS990/Form990PartVIISectionAGrp/PersonNm8Jim Erickson
IRS990/Form990PartVIISectionAGrp/PersonNm9Nancy Feldman
IRS990/Form990PartVIISectionAGrp/PersonNm10Jill Field
IRS990/Form990PartVIISectionAGrp/PersonNm11Diane Hofstede
IRS990/Form990PartVIISectionAGrp/PersonNm12Tom Horner
IRS990/Form990PartVIISectionAGrp/PersonNm13Johnathan Kealing
IRS990/Form990PartVIISectionAGrp/PersonNm14Joel Kramer
IRS990/Form990PartVIISectionAGrp/PersonNm15P Jay Kiedrowski
IRS990/Form990PartVIISectionAGrp/PersonNm16Laurie Kramer
IRS990/Form990PartVIISectionAGrp/PersonNm17Glenn Miller
IRS990/Form990PartVIISectionAGrp/PersonNm18Max Musicant
IRS990/Form990PartVIISectionAGrp/PersonNm19Marsha Pitts-Phillips
IRS990/Form990PartVIISectionAGrp/PersonNm20Karen Schanfield
IRS990/Form990PartVIISectionAGrp/PersonNm21Rebecca Shavlik
IRS990/Form990PartVIISectionAGrp/PersonNm22Leslie Suzukamo
IRS990/Form990PartVIISectionAGrp/PersonNm23Toya Stewart Downey
IRS990/Form990PartVIISectionAGrp/PersonNm24Tanner Curl
IRS990/Form990PartVIISectionAGrp/PersonNm25Elizabeth Dunbar
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
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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
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IRS990/Form990PartVIISectionAGrp/TitleTxt25Editor
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Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,917,619
Liabilities
$168,573
Net assets
$2,749,046
Revenue
$3,424,347
Expenses
$2,212,805
Net income
$1,211,542
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$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
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $1M-$5M nonprofits