Civic Intelligence

Global Minnesota

990 • Fiscal year 2015 • EIN 41-0826559

Jul 01, 2014 to Jun 30, 2015 • Filed on Dec 08, 2015

1901 University Ave SEMinneapolis, MN 55455

(612) 625-4421

Siviq Scores

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

Liabilities / Assets

29th percentile

0.02x

Higher debt load relative to assets than 29% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

28th percentile

0.03x

Higher debt load relative to revenue than 28% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

73rd percentile

14%

Higher net margin than 73% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

78th percentile

$125,504

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

75th percentile

11%

Faster asset growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

74th percentile

18%

Faster revenue growth than 74% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,949,714

Up $198,968 (+11%) from 2014

Net Assets

Up

$1,913,051

Up $198,291 (+12%) from 2014

Liabilities

Up

$36,663

Up $677 (+1.9%) from 2014

Revenue

Up

$1,288,254

Up $195,014 (+18%) from 2014

Expenses

Up

$1,105,544

Up $23,974 (+2.2%) from 2014

Net Income

Up

$182,710

Up $171,040 (+1466%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,279,629Liabilities 2011: $46,835Net Assets 2011: $1,232,7942011Assets 2012: $1,303,270Liabilities 2012: $40,904Net Assets 2012: $1,262,3662012Assets 2013: $1,640,141Liabilities 2013: $41,960Net Assets 2013: $1,598,1812013Assets 2014: $1,750,746Liabilities 2014: $35,986Net Assets 2014: $1,714,7602014Assets 2015: $1,949,714Liabilities 2015: $36,663Net Assets 2015: $1,913,0512015Assets 2016: $1,705,897Liabilities 2016: $61,078Net Assets 2016: $1,644,8192016Assets 2017: $1,676,221Liabilities 2017: $28,320Net Assets 2017: $1,647,9012017Assets 2018: $1,849,845Liabilities 2018: $40,499Net Assets 2018: $1,809,3462018Assets 2019: $1,804,587Liabilities 2019: $29,208Net Assets 2019: $1,775,3792019Assets 2020: $1,812,685Liabilities 2020: $88,854Net Assets 2020: $1,723,8312020Assets 2021: $1,897,812Liabilities 2021: $73,138Net Assets 2021: $1,824,6742021Assets 2022: $1,716,850Liabilities 2022: $83,133Net Assets 2022: $1,633,7172022Assets 2023: $1,544,052Liabilities 2023: $128,444Net Assets 2023: $1,415,6082023Assets 2025: $1,681,191Liabilities 2025: $317,389Net Assets 2025: $1,363,8022025

Highlighted filing

2015

Assets$1,949,714
Liabilities$36,663
Net Assets$1,913,051

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $831,319Expenses 2011: $1,000,077Net Income 2011: -$168,7582011Revenue 2012: $1,106,374Expenses 2012: $1,070,541Net Income 2012: $35,8332012Expenses 2013: $869,5342013Revenue 2014: $1,093,240Expenses 2014: $1,081,570Net Income 2014: $11,6702014Revenue 2015: $1,288,254Expenses 2015: $1,105,544Net Income 2015: $182,7102015Revenue 2016: $992,671Expenses 2016: $1,245,823Net Income 2016: -$253,1522016Revenue 2017: $1,225,903Expenses 2017: $1,312,023Net Income 2017: -$86,1202017Revenue 2018: $1,345,934Expenses 2018: $1,235,327Net Income 2018: $110,6072018Revenue 2019: $1,418,608Expenses 2019: $1,482,843Net Income 2019: -$64,2352019Revenue 2020: $1,263,055Expenses 2020: $1,355,488Net Income 2020: -$92,4332020Revenue 2021: $1,218,476Expenses 2021: $1,310,062Net Income 2021: -$91,5862021Revenue 2022: $1,205,281Expenses 2022: $1,253,124Net Income 2022: -$47,8432022Revenue 2023: $1,184,141Expenses 2023: $1,445,146Net Income 2023: -$261,0052023Revenue 2025: $1,343,543Expenses 2025: $1,512,970Net Income 2025: -$169,4272025

Highlighted filing

2015

Revenue$1,288,254
Expenses$1,105,544
Net Income$182,710
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Dec 8, 2015
Return Version
2014v5.0
Gross Receipts
$1,369,097
Mission and Program Overview

Mission

Global minnesotas mission is to advance international understanding and engagement. We are committed to serving minnesota from a foundation built on the values of respect, collaboration, nonpartisanship, global competency, inclusion and courage.

The minnesota international center (mic) is a nonprofit, nonpartisan, member-supported organization that offers a variety of educational, cultural, and business-themed opportunities focused on global topics. Our rich and varied programs are designed for individuals from minnesota to connect with others from around the globe, serve as citizen diplomats, and gain a deeper understanding of the world. Mic is unparalleled in its ability to deliver programs that allow minnesotans to connect and participate in the international sphere, and for minnesota to extend its influence around the globe. Mic's mission is to promote international understanding and engagement: we educate, we inspire, and we provide enriching experiences. And, we are committed to serving minnesota from a foundation built on values of trust, collaboration, global competency, nonpartisanship, intercultural communication, hospitality, and stewardship. Mic was founded in 1953 as a welcoming organization for international stud

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$847,871$838,813▼ $9,058
Savings and Temporary Cash Investments$234,414$430,055▲ $195,641
Cash and Non-Interest-Bearing Accounts$373,602$399,438▲ $25,836
Pledges and Grants Receivable$223,567$201,122▼ $22,445
Land, Buildings, and Equipment, Net$38,945$38,448▼ $497
Prepaid Expenses and Deferred Charges$17,865$20,674▲ $2,809
Accounts Receivable$10,959$16,586▲ $5,627
Total Assets$1,750,746$1,949,714▲ $198,968
Other Assets Total$3,523$4,578▲ $1,055
Liabilities
Accounts Payable and Accrued Expenses$34,532$36,663▲ $2,131
Mortgage Notes Payable Secured by Investment Property$1,454--
Total Liabilities$35,986$36,663▲ $677
Net Assets / Fund Balance
Temporarily Rstr Net Assets$869,731$1,047,224▲ $177,493
Permanently Rstr Net Assets$451,624$441,567▼ $10,057
Unrestricted Net Assets$393,405$424,260▲ $30,855
Total Net Assets Fund Balance$1,714,760$1,913,051▲ $198,291
Total Liabilities and Net Assets / Fund Balance$1,750,746$1,949,714▲ $198,968

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,215$86,796$123,011
Leasehold Improvements$2,233$667$2,900

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$803,734-▲ $21,706$23,617$797,229
2013$735,666-▲ $105,875$33,451$803,734
2012$714,536-▲ $80,049$53,900$735,666
2011$751,523-▲ $370$32,344$714,536
2010$685,308-▲ $125,510$53,732$751,523
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carol Engebretson ByrnePresidentFT$121,250$4,254$125,504

Board Members and Trustees

NameTitle
Leni D MooreBoard Chair
Peter HawthorneChair Elect
Donovan WalshVice Chair
ANNE D'ANGELOBoard Member
Alberto FierroBoard Member
Doug BethuneBoard Member
Dr John PournoorBoard Member
Elia Dimayuga-bruggemanBoard Member
Franklin CardenasBoard Member
Hoyt HsiaoBoard Member
James David SouthwickBoard Member
Jamshed MerchantBoard Member
Jeanette LeehrBoard Member
Jennifer BardouilleBoard Member
John MarsalekBoard Member
John WalthourBoard Member
Justice Paul AndersonBoard Member
Kaimay Yuen TerryBoard Member
Kathleen Smith RuhlandBoard Member
Matt LorenzBoard Member
Melissa CamarenaBoard Member
Michael MeyerBoard Member
Robert MitchellBoard Member
Ross WilsonBoard Member
Silvia OntanedaBoard Member
Steven DickinsonBoard Member
Ertugrul TuzcuGovernance C
Sara StenbergGovernance C
Sharon LimMajor Gifts
Christopher BergerMarketing Co
Heather FaulknerMarketing Co
Kay a ThomasMembership C
Guy SanschagrinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,214,596
Program Service Revenue
$63,147
Investment Income
$-1,326
Other Revenue
$11,837
All Other Contributions
$868,724
Change in Net Assets
$182,710

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,288,254
Revenue Not Reported on Form 990
$15,581
Total Revenue per Audited Statements
$1,303,835
Total Revenue per Form 990
$1,288,254
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$770,223
Other Expenses$335,321
Total Fundraising Expense$135,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$434,629$66,995$46,161$547,785
Current Officers, Directors, Trustees, and Key Employees$76,802$6,400$44,802$128,004
Occupancy$40,369$5,130$9,651$55,150
Payroll Taxes$39,912$5,904$7,151$52,967
Office Expenses$39,954$2,223$9,227$51,404
Fees for Services Other$26,709$1,517$2,408$30,634
Other Employee Benefits$22,627$4,102$3,849$30,578
All Other Expenses$16,619$53$336$17,008
Fees for Services Accounting$2,268$9,917$2,591$14,776
Other Expenses$10,318$1,337$2,467$14,122
Pension Plan Contributions$8,542$1,480$867$10,889
Depreciation Depletion$7,432$943$1,777$10,152
Insurance$4,067$517$972$5,556
Advertising$2,134$8$594$2,736
Interest-$40-$40
Total Functional Expenses$862,370$108,076$135,098$1,105,544

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,105,544
Total Expenses per Audited Statements$1,105,544
Total Expenses per Form 990$1,105,544
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$92,670
Fundraising Direct Expenses$80,843
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$260,272$92,670$19,259$73,411
Total Events$260,272$92,670$80,843$11,827
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
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
Yes
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, Page 6, Part VI, Line 11B

Reviewed by the audit and finance committee and provided to full board with a summary by the treasurer or other finance or audit committee member.

Form 990, Page 6, Part VI, Line 12C

Each responsible person is required to complete a disclosure form identifying any relationships, positions or circumstances in which the responsible person is involved that he or she believes could contribute to a conflict of interest arising.

Form 990, Page 6, Part VI, Line 15A

Compensation committee approves compensation for the president of the minnesota international center and discloses to the full board.

Form 990, Page 6, Part VI, Line 15B

Board governance co-chair reviews proposed compensation with the president.

Form 990, Page 6, Part VI, Line 19

The audit and annual report are on the website. Governing documents, financial statements and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Minnesota International Center
EIN
41-0826559
Phone
6126254421
Address
1901 UNIVERSITY AVE SE, MINNEAPOLIS, MN 55455

Signing Officer

Name
Carol Engebretson Byrne
Title
President
Phone
6126254421
Signed
2015-12-08

Organization Details

Principal Officer
Carol Engebretson Byrne
Formed
1953
Legal Domicile
Mn
Voting Board Members
30
Independent Board Members
30
Employees
19
Volunteers
778

Preparer

Firm
Harrington Langer & Associates
Address
563 PHALEN BLVD, SAINT PAUL, MN 55130
Preparer
Greg Emmerich
Phone
6514811128
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The minnesota international center (mic) is a nonprofit, nonpartisan, member-supported organization that offers a variety of educational, cultural, and business-themed opportunities focused on global topics. Our rich and varied programs are designed for individuals from minnesota to connect with others from around the globe, serve as citizen diplomats, and gain a deeper understanding of the world. Mic is unparalleled in its ability to deliver programs that allow minnesotans to connect and participate in the international sphere, and for minnesota to extend its influence around the globe. Mic's mission is to promote international understanding and engagement: we educate, we inspire, and we provide enriching experiences. And, we are committed to serving minnesota from a foundation built on values of trust, collaboration, global competency, nonpartisanship, intercultural communication, hospitality, and stewardship. Mic was founded in 1953 as a welcoming organization for international students, scholars, and visitors who came to minnesota. It was created as a university-community partnership that engaged 'citizen diplomats' to connect minnesotans with these visiting students. In the past 60 years, mic has evolved from its direct service roots into a multifaceted nonpartisan organization providing globally-focused educational opportunities for people of all ages across minnesota. Mic membership consists of approximately 1,500 individual members and more than 40 corporate members. Mic is a member of the national world affairs councils of america; a member of global ties u.s., the nonprofit arm of the u.s. Department of state's international visitors leadership program; and an affiliate of the foreign policy association.

Form 990, Page 2, Part III, Line 4A

Academic worldquest is an opportunity for minnesota high school students to raise their international iq through a globally focused competition. This past year, 132 students competing on 33 teams participated in academic worldquest. Mics great decisions in the schools is a way for students to have increased access to objective, in-depth, contextual information about global issues.

Form 990, Page 2, Part III, Line 4D

World affairs program, the public face of mic, brings in dignitaries and experts for programs that go beyond the headlines and build cultural and economic connections to our state. The program connects some of the worlds best thinkers in global affairs with corporate and community audiences. This past year, mic presented 25 community events with total attendance of more than 2,200.

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IRS990/ActivityOrMissionDesc0THE MINNESOTA INTERNATIONAL CENTER (MIC) IS A NONPROFIT, NONPARTISAN, MEMBER-SUPPORTED ORGANIZATION THAT OFFERS A VARIETY OF EDUCATIONAL, CULTURAL, AND BUSINESS-THEMED OPPORTUNITIES FOCUSED ON GLOBAL TOPICS. OUR RICH AND VARIED PROGRAMS ARE DESIGNED FOR INDIVIDUALS FROM MINNESOTA TO CONNECT WITH OTHERS FROM AROUND THE GLOBE, SERVE AS CITIZEN DIPLOMATS, AND GAIN A DEEPER UNDERSTANDING OF THE WORLD. MIC IS UNPARALLELED IN ITS ABILITY TO DELIVER PROGRAMS THAT ALLOW MINNESOTANS TO CONNECT AND PARTICIPATE IN THE INTERNATIONAL SPHERE, AND FOR MINNESOTA TO EXTEND ITS INFLUENCE AROUND THE GLOBE. MIC'S MISSION IS TO PROMOTE INTERNATIONAL UNDERSTANDING AND ENGAGEMENT: WE EDUCATE, WE INSPIRE, AND WE PROVIDE ENRICHING EXPERIENCES. AND, WE ARE COMMITTED TO SERVING MINNESOTA FROM A FOUNDATION BUILT ON VALUES OF TRUST, COLLABORATION, GLOBAL COMPETENCY, NONPARTISANSHIP, INTERCULTURAL COMMUNICATION, HOSPITALITY, AND STEWARDSHIP. MIC WAS FOUNDED IN 1953 AS A WELCOMING ORGANIZATION FOR INTERNATIONAL STUD
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IRS990/Form990PartVIISectionAGrp/PersonNm29JAMES DAVID SOUTHWICK
IRS990/Form990PartVIISectionAGrp/PersonNm30KAIMAY YUEN TERRY
IRS990/Form990PartVIISectionAGrp/PersonNm31JOHN WALTHOUR
IRS990/Form990PartVIISectionAGrp/PersonNm32ROSS WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm33CAROL ENGEBRETSON BYRNE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1MARKETING CO
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3GOVERNANCE C
IRS990/Form990PartVIISectionAGrp/TitleTxt4GOVERNANCE C
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBERSHIP C
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MARKETING CO
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MAJOR GIFTS
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt31BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt32BOARD MEMBER
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IRS990/MissionDesc0THE MINNESOTA INTERNATIONAL CENTER (MIC) IS A NONPROFIT, NONPARTISAN, MEMBER-SUPPORTED ORGANIZATION THAT OFFERS A VARIETY OF EDUCATIONAL, CULTURAL, AND BUSINESS-THEMED OPPORTUNITIES FOCUSED ON GLOBAL TOPICS. OUR RICH AND VARIED PROGRAMS ARE DESIGNED FOR INDIVIDUALS FROM MINNESOTA TO CONNECT WITH OTHERS FROM AROUND THE GLOBE, SERVE AS CITIZEN DIPLOMATS, AND GAIN A DEEPER UNDERSTANDING OF THE WORLD. MIC IS UNPARALLELED IN ITS ABILITY TO DELIVER PROGRAMS THAT ALLOW MINNESOTANS TO CONNECT AND PARTICIPATE IN THE INTERNATIONAL SPHERE, AND FOR MINNESOTA TO EXTEND ITS INFLUENCE AROUND THE GLOBE. MIC'S MISSION IS TO PROMOTE INTERNATIONAL UNDERSTANDING AND ENGAGEMENT: WE EDUCATE, WE INSPIRE, AND WE PROVIDE ENRICHING EXPERIENCES. AND, WE ARE COMMITTED TO SERVING MINNESOTA FROM A FOUNDATION BUILT ON VALUES OF TRUST, COLLABORATION, GLOBAL COMPETENCY, NONPARTISANSHIP, INTERCULTURAL COMMUNICATION, HOSPITALITY, AND STEWARDSHIP. MIC WAS FOUNDED IN 1953 AS A WELCOMING ORGANIZATION FOR INTERNATIONAL STUD
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.32$1.36$1.34$1.51$0.17
2023Summary only. Only limited summary data is available for this year.$1.54$0.13$1.42$1.18$1.45$0.26
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.08$1.63$1.21$1.25$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.07$1.82$1.22$1.31$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.09$1.72$1.26$1.36$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.03$1.78$1.42$1.48$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.04$1.81$1.35$1.24$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.03$1.65$1.23$1.31$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.06$1.64$0.99$1.25$0.25
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.04$1.91$1.29$1.11$0.18
2014Detailed filing. Detailed filing data is available for this year.$1.75$0.04$1.71$1.09$1.08$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.04$1.60$0.87
2012Summary only. Only limited summary data is available for this year.$1.30$0.04$1.26$1.11$1.07$0.04
2011Summary only. Only limited summary data is available for this year.$1.28$0.05$1.23$0.83$1.00$0.17