Overview
What is Minnesota Institute For Talented Youth?
The Minnesota Institute for Talented Youth (MITY) is a nonprofit organization situated in Saint Paul, Minnesota. Its primary mission is to offer academically gifted students from grades one through eleven an enriching, intensive, and stimulating educational experience. MITY employs expert educators, known as master teachers, to foster an environment that encourages inquiry, creativity, and collaboration. The institute provides both full and need-based scholarships, catering to both residential and commuter students. During summer sessions, students in grades eight through eleven engage in two-week programs, while those in grades five through seven participate in summer day programs. Younger students in grades one through four learn through Saturday morning classes. The curriculum includes a diverse range of subjects, such as art, architecture, astrophysics, economics, engineering, and theater, among others. MITY's goal is to inspire and challenge intellectually curious students within a diverse, inclusive community, empowering them to build essential skills and relationships for lifelong success.
Official website here: www.mity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Minnesota Institute For Talented Youth has received a 73% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization showcases strengths such as a fully independent board, with 92% of its members independent and well-sized. Additionally, the charity demonstrates effective financial management with a program expense ratio of over 85%, meaning a significant portion of its resources is directed towards its programs.
However, the organization does face some limitations that affect its overall rating. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are critical for ensuring transparency and accountability. Furthermore, the tax form is not posted on the nonprofit's website, which limits public access to important financial information, a factor that could enhance trust among potential donors and stakeholders.
Overall, while the Minnesota Institute For Talented Youth exhibits strong governance and financial practices, addressing the noted policy gaps could significantly improve its accountability standing and overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Institute For Talented Youth legitimate?
Minnesota Institute For Talented Youth is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Institute For Talented Youth 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: $91,343
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,201
For more financial information, click here
Official website here: www.mity.org
What is the mission statement of Minnesota Institute For Talented Youth?
The Minnesota Institute for Talented Youth's mission is centered around inspiring and challenging intellectually curious students from grades one through eleven. It aims to create an inclusive community where these students can pursue their passions while building essential skills and relationships for lifelong success. The institute achieves this by hiring expert teachers in various fields to foster an environment that promotes inquiry, creativity, and collaboration. It provides scholarships for talented students and offers educational opportunities in the form of summer sessions and Saturday morning classes, covering subjects such as art, architecture, astrophysics, and more. The goal is to empower students to grow both academically and personally, preparing them for future success.
Official website here: www.mity.org
Who is the CEO of Minnesota Institute For Talented Youth?
Erica Brewinski is the Chair of Minnesota Institute For Talented Youth.
Official website here: www.mity.org
What is the revenue of Minnesota Institute For Talented Youth?
Minnesota Institute For Talented Youth's revenue in 2023 was $601,753.
Official website here: www.mity.org
Who are the executives of Minnesota Institute For Talented Youth and what are their salaries?
The average compensation at Minnesota Institute For Talented Youth during 2023 was $67,272. There are 2 employees and 20 volunteers at Minnesota Institute For Talented Youth.
Here are 18 key members and their salaries:
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- Compensation: $80,337
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- Other: $4,163
Official website here: www.mity.org
Where can I find the form 990 for Minnesota Institute For Talented Youth?
Minnesota Institute For Talented Youth's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mity.org
Learn more at the official website: www.mity.org
Mission Statement of Minnesota Institute For Talented Youth
The Minnesota Institute for Talented Youth, often abbreviated as MITY, is dedicated to inspiring and challenging intellectually curious students from grades one through eleven. Its mission is to create an inclusive, diverse community where these students can explore their passions and build essential skills for lifelong success. By providing a stimulating educational environment, MITY empowers its students, fostering a sense of inquiry, creativity, and collaboration.
The organization hires expert master teachers in various fields to cultivate an atmosphere of intellectual growth. MITY offers both full and need-based scholarships, making its educational opportunities accessible to a wide range of students. Commuter and residential students in grades eight through eleven attend two-week summer sessions, while those in grades five through seven participate in summer day programs. Younger students in grades one through four engage in Saturday morning classes.
MITY's curriculum covers a broad spectrum of subjects, including art, architecture, astrophysics, chemistry, debate, economics, engineering, neuroscience, math modeling, mock trial, model UN, novel writing, and theater. These diverse offerings allow students to explore their interests, develop their talents, and build relationships that will last a lifetime. By providing a challenging and supportive environment, MITY helps its students to grow both academically and personally, preparing them for success as they pursue their passions in the future.
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Impact
July, 2024
Minnesota Institute For Talented Youth, also known as MITY, has a significant impact on intellectually curious students by inspiring and challenging them to pursue their passions within a diverse and inclusive community. Through their intensive and stimulating educational programs, MITY empowers students by building skills and relationships for lifelong success. They provide talented students in grades one through eleven with the opportunity to learn from master teachers who are experts in their fields, fostering an environment of inquiry, creativity, and collaboration. Additionally, MITY offers need-based scholarships to ensure access to their programs. From classes in art, architecture, and astrophysics to debate, economics, and theater, MITY enriches students' educational experiences and encourages their academic growth. Located in Saint Paul, MN, MITY's mission is to nurture the talents and potential of young learners through engaging and intellectually stimulating activities.
This information is meant to be a general summary of Minnesota Institute For Talented Youth. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $46,958
- Program Service Revenue: $519,463
- Gross Receipts: $601,753
Assets and Liabilities:
- Total Assets: $1,206,612
- Total Liabilities: $17,904
- Net Assets: $1,188,708
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$513,755
MISCELLANEOUS
Revenue
$5,708
Organization Details
Founding Year
1967
Phone
(651) 243-2221Principal Officer
Erica Brewinski
Main Address
1600 GRAND AVENUE, SAINT PAUL, MN, 55105
Website
www.mity.orgNTEE Category
Code: B00 - Education
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