MINNESOTA NEWS MEDIA INSTITUTE INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$71,376
Investments
63%
Contributions
24%
Program Services
13%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$79,758
Fees to Service Providers
72%
Other
23%
Offices, Occupancy & IT
5%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$8,902
$17,283
+94%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$10,598
$9,340
-12%
Membership Dues
$0
$0
-
Investments
$35,047
$44,753
+28%
Other
$123,860
$0
-100%
Total Revenues
$178,407
$71,376
-60%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$63,379
$57,394
-9%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$4,456
$4,241
-5%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$66,417
$18,123
-73%
Total Expenses
$134,252
$79,758
-41%
Net income
2023
2024
Change
Net income
+$44,155
-$8,382
-119%
Functional Expenses
Summary
2023
2024
Change
Program
$71,513
$42,602
-40%
Admin
$55,046
$29,362
-47%
Fundraising
$7,693
$7,794
+1%
Total Expenses
$134,252
$79,758
-41%
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