MINNESOTA NEWS MEDIA INSTITUTE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,635,117
Investments
92%
Other Assets
6%
Cash & Equivalents
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$69,689
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$74,206
$21,075
-72%
Receivables (Non-Related)
$1,634
$2,677
+64%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$0
-
-
Investments
$1,365,900
$1,507,051
+10%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$97,634
$104,314
+7%
Total Assets
$1,539,374
$1,635,117
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$80,222
$69,689
-13%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$80,222
$69,689
-13%
Net assets
2023
2024
Change
Restricted Net Assets
$1,192,098
$1,321,887
+11%
Unrestricted Net Assets
$267,054
$243,541
-9%
Net assets
2023
2024
Change
Net assets
+$1,459,152
+$1,565,428
+7%
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