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Minnesota News Media Institute Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271628407 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Minnesota News Media Institute Inc?

Minnesota News Media Institute Inc, headquartered in Minneapolis, Minnesota, is a collaborative organization dedicated to the education and professional development of Minnesota's newspaper community. Sponsored in part by the Blandin Foundation, the Institute's Editor & Publisher (E&P) Leadership Program, now in its 17th year, empowers editors and publishers from diverse backgrounds to engage in a year-long study of community leadership, fostering positive change in their local communities. The E&P program emphasizes the role of newspaper publishers and editors in shaping issues and mobilizing action, while strengthening social capital within their towns and ultimately contributing to the health and vibrancy of rural Minnesota communities. The Minnesota News Media Institute is a partnership between over 260 statewide weekly and daily newspaper members of the Minnesota Newspaper Association, aiming to provide high-quality, affordable, and accessible education, training, and professional development opportunities for current and future news media professionals, while promoting fair and trusted journalism.


Official website here: www.mna.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Stars)

The Minnesota News Media Institute Inc has achieved an impressive rating of 94%, reflecting strong performance in accountability and finance. This high score indicates that the organization effectively manages its resources and adheres to best practices in governance. The rating is derived exclusively from its accountability and finance metrics, showcasing the organization's commitment to transparency.

Among the strengths of the Minnesota News Media Institute is its board structure, which consists entirely of independent members, ensuring unbiased oversight. The organization also demonstrates excellent financial health with a low liabilities-to-assets ratio of 3.93%, indicating sound fiscal management. Additionally, it has robust policies in place, including conflict of interest and whistleblower protections, which further enhance its accountability.

While the program expense ratio is solid at 67.95%, some may view this as an area for improvement, as a higher percentage of funds allocated directly to programs typically indicates a stronger focus on mission-driven activities. However, overall, the Minnesota News Media Institute Inc stands out for its governance and financial accountability, making it a reliable choice for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Minnesota News Media Institute Inc legitimate?

Minnesota News Media Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota News Media Institute Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mna.org

What is the mission statement of Minnesota News Media Institute Inc?

The Minnesota News Media Institute (MNI) serves as a collaborative entity, primarily comprising over 260 weekly and daily newspapers across Minnesota. Its mission is threefold. Firstly, MNI offers high-quality, accessible, and affordable education, training, and professional development opportunities for current and future news media professionals. Secondly, it strives to promote fair and trusted journalism. Lastly, the organization works towards enhancing the public's understanding of the role and responsibility of a free press in our society.


Official website here: www.mna.org

Who is the CEO of Minnesota News Media Institute Inc?

Lisa Hills is the President of Minnesota News Media Institute Inc.


Official website here: www.mna.org

What is the revenue of Minnesota News Media Institute Inc?

Minnesota News Media Institute Inc's revenue in 2022 was $45,062.


Official website here: www.mna.org

Who are the executives of Minnesota News Media Institute Inc and what are their salaries?

There 25 volunteers at Minnesota News Media Institute Inc.


Here are 13 key members and their salaries:


Chad Koenen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Lessman (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Miller (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diann Drew (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Weber (3Rd Vice President Thru 07/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Brandl (3Rd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Schwarz (Director Thru 07/22)
  • Compensation: $0
  • Related: $33,408
  • Other: $2,184
Kelly Boldan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Hanneman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elisa Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Jameson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Gaier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Hills (Executive Director)
  • Compensation: $0
  • Related: $153,515
  • Other: $13,632


Official website here: www.mna.org

Where can I find the form 990 for Minnesota News Media Institute Inc?

Minnesota News Media Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mna.org

Learn more at the official website: www.mna.org

Mission Statement of Minnesota News Media Institute Inc

Minnesota News Media Institute, a collaboration between over 260 weekly and daily newspapers in Minnesota, is committed to providing top-notch, accessible, and affordable education, training, and professional development opportunities for current and future news media professionals. The institute's mission is twofold: firstly, it aims to promote fair and trusted journalism, ensuring that the public is well-informed and understands the role and responsibilities of a free press in society. Secondly, Minnesota News Media Institute works tirelessly to increase the public's comprehension of the critical role a free press plays in our democratic society. By offering a wide range of educational programs and resources, the institute empowers journalists to uphold the highest standards of ethical and responsible reporting, thereby contributing to an informed and engaged citizenry.

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Impact




August, 2024

Minnesota News Media Institute Inc's impact can be seen through its Editors & Publishers Community Leadership Program. This unique program, sponsored in part by the Blandin Foundation, engages Minnesota editors and publishers from diverse backgrounds in a year-long study of community leadership. Now in its 17th year, this program focuses on developing the participants' community leadership and vision skills using the Blandin Foundation's Nine Dimensions of a Healthy Community.

The program helps newspaper publishers and editors realize their power to frame issues and mobilize action within their communities. By strengthening social capital within their towns, these editors and publishers are able to advance the health and vibrancy of rural communities in Minnesota. Through this initiative, Minnesota News Media Institute is actively working to promote fair and trusted journalism, increase the public's understanding of the role of a free press in society, and provide valuable education and professional development opportunities for news media professionals.




This information is meant to be a general summary of Minnesota News Media Institute Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$45,062 (2022)
201120122013201420152016201720182019202020212022$0$200k$400k$600k$800k
Expenses
$115,058 (2022)
201120122013201420152016201720182019202020212022$0$45,000$90,000$135k$180k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,211
  • Program Service Revenue: $1,349
  • Gross Receipts: $162,877

Assets and Liabilities:

  • Total Assets: $1,480,271
  • Total Liabilities: $58,227
  • Net Assets: $1,422,044

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTERNSHIP REVENUE

Revenue

$1,250

REGISTRATION INCOME

Revenue

$99

Organization Details

Founding Year

2009

Principal Officer

Lisa Hills

Main Address

10 S 5TH ST 1105, MINNEAPOLIS, MN, 55402

NTEE Category

Code: B99 - Education

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