Civic Intelligence

Global Minnesota

990 • Fiscal year 2024 • EIN 41-0826559

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 15, 2025

1901 University Ave SEMinneapolis, MN 55414

(612) 625-1662

Siviq Scores

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

Liabilities / Assets

46th percentile

0.04x

Higher debt load relative to assets than 46% of similar nonprofits.

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

Liabilities / Revenue

42nd percentile

0.05x

Higher debt load relative to revenue than 42% of similar nonprofits.

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

Net Margin

27th percentile

-5.5%

Higher net margin than 27% of similar nonprofits.

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

Top Officer Pay

85th percentile

$165,160

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

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

Asset Growth

33rd percentile

-1.1%

Faster asset growth than 33% of similar nonprofits.

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

Revenue Growth

65th percentile

19%

Faster revenue growth than 65% of similar nonprofits.

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

Assets

Down

$1,526,976

Down $17,076 (-1.1%) from 2023

Net Assets

Up

$1,460,726

Up $45,118 (+3.2%) from 2023

Liabilities

Down

$66,250

Down $62,194 (-48%) from 2023

Revenue

Up

$1,410,968

Up $226,827 (+19%) from 2023

Expenses

Up

$1,489,210

Up $44,064 (+3.0%) from 2023

Net Income

Up

-$78,242

Up $182,763 (+70%) from 2023

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 2024: $1,526,976Liabilities 2024: $66,250Net Assets 2024: $1,460,7262024Assets 2025: $1,681,191Liabilities 2025: $317,389Net Assets 2025: $1,363,8022025

Highlighted filing

2024

Assets$1,526,976
Liabilities$66,250
Net Assets$1,460,726

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 2024: $1,410,968Expenses 2024: $1,489,210Net Income 2024: -$78,2422024Revenue 2025: $1,343,543Expenses 2025: $1,512,970Net Income 2025: -$169,4272025

Highlighted filing

2024

Revenue$1,410,968
Expenses$1,489,210
Net Income-$78,242
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$1,465,079
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,185,069$1,134,049▼ $51,020
Cash and Non-Interest-Bearing Accounts$174,672$163,062▼ $11,610
Pledges and Grants Receivable$31,500$117,975▲ $86,475
Prepaid Expenses and Deferred Charges$22,767$32,405▲ $9,638
Accounts Receivable$2,963$16,278▲ $13,315
Land, Buildings, and Equipment, Net$18,013$10,854▼ $7,159
Savings and Temporary Cash Investments$2,368$2,377▲ $9
Total Assets$1,544,052$1,526,976▼ $17,076
Other Assets Total$106,700$49,976▼ $56,724
Liabilities
Accounts Payable and Accrued Expenses$37,823$38,702▲ $879
Other Liabilities$90,121$27,048▼ $63,073
Deferred Revenue$500$500→ $0
Total Liabilities$128,444$66,250▼ $62,194
Net Assets / Fund Balance
Net Assets With Donor Restrictions$948,381$1,012,785▲ $64,404
Net Assets Without Donor Restrictions$467,227$447,941▼ $19,286
Total Net Assets Fund Balance$1,415,608$1,460,726▲ $45,118
Total Liabilities and Net Assets / Fund Balance$1,544,052$1,526,976▼ $17,076

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,854$102,201$113,055
Leasehold Improvements-$2,900$2,900

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$836,789-▲ $140,949$32,085$943,075
2022$805,713-▲ $83,356$48,601$836,789
2021$943,868-▼ $101,039$32,747$805,713
2020$764,358-▲ $193,708$9,687$943,868
2019$751,261-▲ $42,531$24,579$764,358
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Phillip HansenPresidentFT$153,280$11,880$165,160
Kathleen OscarsonOperations DFT$104,874$14,141$119,015

Board Members and Trustees

NameTitle
Ross WilsonBoard Chair
Uri CamarenaVice Chair
Angela SchulzBoard Member
Anna Wasescha PhdBoard Member
Bradley BuckBoard Member
Clint ConnerBoard Member
Donovan WalshBoard Member
Jacob GayleBoard Member
Jessica LibbyBoard Member
John MarsalekBoard Member
Khadija AliBoard Member
Lanesha MinnixBoard Member
Latisha DawsonBoard Member
Lili HallBoard Member
Lisa ClarkeBoard Member
Lori McdougalBoard Member
Marlene Lopez IbarraBoard Member
Mary Lawrence MdBoard Member
Michelle Thom Mpa EddBoard Member
Mike RobinsonBoard Member
Nell SmithBoard Member
Patricia Simmons MdBoard Member
Patrick AndersenBoard Member
Rebecca Hawthorne PhdBoard Member
Robert M OberliesBoard Member
Sam KrawczykBoard Member
Steve DickinsonBoard Member
Tanna MooreBoard Member
Thabani SinkulaBoard Member
Todd SmithBoard Member
Trevor GunnBoard Member
Ying IversonBoard Member
Jack MaloneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,242,899
Program Service Revenue
$100,132
Investment Income
$23,026
Other Revenue
$44,911
All Other Contributions
$808,988
Change in Net Assets
$-78,242

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,410,604
Revenue Not Reported on Financial Statements
$364
Revenue Not Reported on Form 990
$125,860
Total Revenue per Audited Statements
$1,536,464
Total Revenue per Form 990
$1,410,968
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,156,274
Other Expenses$332,936
Total Fundraising Expense$175,050
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$627,021$82,350$88,355$797,726
Current Officers, Directors, Trustees, and Key Employees$130,285$8,686$34,742$173,713
Other Employee Benefits$67,945$15,133$15,495$98,573
Payroll Taxes$56,021$6,564$8,987$71,572
Occupancy$53,177$4,458$6,978$64,613
Conferences and Meetings$56,021$393$704$57,118
Information Technology$25,653$3,884$3,313$32,850
Office Expenses$15,864$2,241$4,800$22,905
Pension Plan Contributions$11,990$1,089$1,611$14,690
Fees for Services Accounting$624$11,899-$12,523
Travel$12,013$98$178$12,289
Insurance$7,107$596$933$8,636
Fees for Services Other$1,764$5,647$289$7,700
Other Expenses$1,122$207$5,617$6,946
Depreciation Depletion$5,666$475$743$6,884
Advertising$1,202$54$86$1,342
Fees for Service Investment Mgmnt Fees-$364-$364
Total Functional Expenses$1,167,241$146,919$175,050$1,489,210

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,491,346
Total Expenses per Form 990$1,489,210
Expenses per Audited Statements$1,488,846
Expenses Not Reported on Form 990$2,500
Expenses Not Reported on Financial Statements$364
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$98,747
Fundraising Direct Expenses$53,836
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$249,984$98,747$10,675$88,072
Total Events$249,984$98,747$53,836$44,911
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 Liabilities$27,048
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 for board approval.

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. The form is completed at the beginning of each term the board member serves.

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

Executive compensation and human resources committee of the board along with the chair review performance, salary benchmarks (comparability data) and budget before recommending compensation to the board. The full board approves the compensation.

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

The president reviews performance, salary benchmarks (comparability data) and budget before sharing the final recommendation with the chair and executive compensation and human resources committee of the board. The chair and committee recommend any changes to the president.

Form 990, Page 6, Part VI, Line 19

Global minnesota's most recent previous year's audit and 990 are included on the website and the 990 is available on the guidestar website. Otherwise, governing documents, financial statements and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Global Minnesota
EIN
41-0826559
Phone
6126251662
Address
1901 UNIVERSITY AVE SE, MINNEAPOLIS, MN 55414

Signing Officer

Name
Phillip Hansen
Title
President
Phone
6126254421
Signed
2025-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phillip Hansen
Formed
1953
Legal Domicile
Mn
Voting Board Members
32
Independent Board Members
32
Employees
17
Volunteers
425

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

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.

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

Discussion groups are based on the foreign policy associations great decisions program and offer opportunities across the state to explore the years most important issues and foreign policy topics. They provide high quality, nonpartisan information and bring together friends, colleagues, and neighbors who share a passion or curiosity for global issues. Global minnesota coordinates nearly 30 groups located across the state. Thousands of minnesotans engage in these conversations with more than 19 local speakers global minnesota has identified who are ready to share their global expertise.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The organization has adopted investment and spending policies for investment assets to support the mission by providing earnings and capital appreciation to support the organization's programs, capital expenditures, and board-directed initiatives through a strategic plan that strives to maintain and grow the investment corpus and provide annual operating earnings to support global minnesota's mission.

Schedule D, Page 3, Part X

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) for any uncertain position that more than likely than not would not be sustained upon examination by the applicable tax authorities. The organization is subject to routine audits by taxing authorities; however, there are currently no audits for any tax periods in progress.

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IRS990/Form990PartVIISectionAGrp/TitleTxt33PRESIDENT
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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
2024Detailed filing. Detailed filing data is available for this year.$1.53$0.07$1.46$1.41$1.49$0.08
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
Peer Organizations

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