The Minnesota Daily

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

EIN: 411648598 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is The Minnesota Daily?

The Minnesota Daily is a student-led news organization situated at the University of Minnesota, with its headquarters at 2221 University Avenue SE 450, Minneapolis, MN 55414. Prior to the COVID-19 pandemic, it published print editions twice a week during the academic year and once a week during the summer term. The organization's online presence, MNDaily.com, attracts over 160,000 users monthly, complemented by a strong social media following. Around 10,000 students, 23,700 faculty/staff, and numerous other groups, including alumni, prospective students, sports fans, and parents, benefit from its news and information. The Minnesota Daily serves multiple functions, including providing independent student journalism, fostering civil debate, training students to professional standards, and operating in an ethical manner. Its mission is to offer comprehensive coverage of news, media, and events that serve the public interest, while also providing a platform for free expression within the university community. The organization employs over 130 students across various departments, ensuring they gain practical experience in journalism and business management. The Minnesota Daily aims to be financially responsible and maintain its role as an independent student media company, continuously serving the university community. The organization also upholds principles of equity, inclusivity, and representation, responsively addressing the diverse needs of the campus community and building relationships with various community members and organizations.


Official website here: www.mndaily.com

Is The Minnesota Daily legitimate?

The Minnesota Daily is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Minnesota Daily 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: $176,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $303,523

For more financial information, click here


Official website here: www.mndaily.com

What is the mission statement of The Minnesota Daily?

The Minnesota Daily's mission is centered around providing independent student journalism and comprehensive coverage of news, media, and events that serve the public interest, contributing to the University of Minnesota community. It serves as a platform for the free exchange of ideas and civil debate among its university community members. The organization is committed to training students to professional standards, teaching best practices, and operating an ethical organization in various journalism and media industry areas. It also strives to operate as a financially responsible entity, ensuring its continued service to the university community. Lastly, The Minnesota Daily supports equity, inclusivity, and representation in the workplace and responds to the diverse and evolving needs of its campus community, continuously building relationships with community members and organizations.


Official website here: www.mndaily.com

What is the revenue of The Minnesota Daily?

The Minnesota Daily's revenue in 2023 was $1,055,494.


Official website here: www.mndaily.com

Who are the executives of The Minnesota Daily and what are their salaries?

The average compensation at The Minnesota Daily during 2023 was $3,692. There are 130 employees and 20 volunteers at The Minnesota Daily.

Here are 18 key members and their salaries:


Charlie Weaver (Executive Director & General Manager)
  • Compensation: $100,667
  • Related: $0
  • Other: $0
William Conroy (Director/Accounting Consultant)
  • Compensation: $22,050
  • Related: $0
  • Other: $0
Maia Irvin (Editor-In-Chief Through May 2023)
  • Compensation: $17,525
  • Related: $0
  • Other: $0
Graham Peterson (Business Operations Officer)
  • Compensation: $16,750
  • Related: $0
  • Other: $0
Alex Steil (Editor-In-Chief Beginning May 2023)
  • Compensation: $2,325
  • Related: $0
  • Other: $0
Drew Geraets (Board Chair Through 01/23, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brady Gervais (Director, Board Chair Beginning 2/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rance Rand (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle Golden (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Bohnhoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Erdahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eli Mattison (Director Beginning 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Mccombs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Richardson (Director Beginning July 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendre Turonie (Director/Office Of Student Affairs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amane Etefa (Student Director Beginning 02/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Muneeb B Hafeez (Student Director Beginning 02/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haruka Yukioka (Student Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mndaily.com

Where can I find the form 990 for The Minnesota Daily?

The Minnesota Daily's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mndaily.com

Learn more at the official website: www.mndaily.com

Mission Statement of The Minnesota Daily

The Minnesota Daily, an educational institution dedicated to newspaper operations, has a multifaceted mission. Its primary objective is to provide independent student journalism, offering comprehensive coverage of news, media, and events that serve the public interest and cater to the University of Minnesota community. By doing so, it serves as a platform for the free exchange of ideas and civil debate among its student body.

In addition to its journalistic endeavors, The Minnesota Daily is committed to training its student body to professional standards. It teaches best practices and operates as an ethical organization within the realm of journalism and the media industry. The organization is also financially responsible, ensuring its continued viability as an independent student media company that continuously serves the university community.

Furthermore, The Minnesota Daily supports equality, inclusivity, and representation in the workplace. It strives to respond appropriately to the diverse and evolving needs of the campus community and continuously builds relationships with community members and organizations. This mission, in essence, encompasses The Minnesota Daily's role as a responsible, ethical, and inclusive student media organization that fosters independent journalism, encourages civil discourse, and promotes professional growth among its student body.

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Impact




October, 2024

The Minnesota Daily serves as a vital part of the University of Minnesota community, impacting students, faculty, staff, and the larger Minneapolis area through its robust journalistic efforts. As a student-run news organization, it provides independent, comprehensive coverage of news and events that are essential to the university and its diverse constituents. With a print circulation of 10,000 and over 160,000 unique online users per month, The Daily effectively disseminates information to a broad audience that includes 52,300 students, 23,700 faculty and staff, and many alumni and prospective students.

In addition to delivering news, The Minnesota Daily fosters an environment conducive to the free exchange of ideas and civil debate among community members. This goal is consistent with its mission to support equity, inclusivity, and representation in its reporting and operations. By employing over 130 students in various roles, The Daily not only provides training and experience in journalism and media but also prepares students to meet professional standards in a competitive industry.

The organization's strong online presence, coupled with special print editions and social media engagement, enhances its ability to connect with and enrich the community. By operating with a commitment to ethical journalism and fiscal responsibility, The Minnesota Daily ensures its viability as a trusted source of information, and it adapts to the evolving needs of its audience. Through its multifaceted impact, The Minnesota Daily plays an essential role in shaping the narratives and discussions that influence the community it serves.




This information is meant to be a general summary of The Minnesota Daily. 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
$1,055,494 (2023)
Expenses
$1,124,735 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $30,144
  • Program Service Revenue: $1,062,338
  • Gross Receipts: $1,288,617

Assets and Liabilities:

  • Total Assets: $985,054
  • Total Liabilities: $119,790
  • Net Assets: $865,264

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Programs

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

UNIVERSITY FEES AND SUPPORT

Revenue

$962,503

ADVERTISING REVENUE

Revenue

$99,835

Organization Details

Founding Year

1988

Principal Officer

Charles E Weaver Jr

NTEE Category

Code: A33 - Arts

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