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Mankato Area Foundation
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Mankato Area Foundation
Mankato, MN, US
•
501(c)3
•
EIN
41-0011094
•
www.mankatoareafoundation.com
•
DAF Sponsor
Community Foundation
Regional Funder
Mankato Area Foundation
Sign up to claim this org
Mankato, MN, US
•
501(c)3
•
EIN
41-0011094
•
www.mankatoareafoundation.com
•
DAF Sponsor
Community Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$7,145,681
Contributions
85%
Investments
10%
Other
5%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$5,277,240
Grants
77%
Salaries & Benefits
13%
Offices, Occupancy & IT
4%
Fees to Service Providers
3%
Other
2%
Depreciation
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$5,354,820
$6,048,373
+13%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$46,432
$41,076
-12%
Membership Dues
$0
$0
-
Investments
$536,872
$714,810
+33%
Other
-$149,330
$341,422
-329%
Total Revenues
$5,788,794
$7,145,681
+23%
Expenses
2023
2024
Change
Grants
$3,495,499
$4,060,331
+16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$570,472
$672,106
+18%
Fees to Service Providers
$109,778
$133,569
+22%
Advertising & Promotion
$28,197
$36,178
+28%
Offices, Occupancy & IT
$75,341
$187,953
+149%
Interest
$0
$0
-
Depreciation
$70,320
$88,539
+26%
Other
$69,750
$98,564
+41%
Total Expenses
$4,419,357
$5,277,240
+19%
Net income
2023
2024
Change
Net income
+$1,369,437
+$1,868,441
+36%
Functional Expenses
Summary
2023
2024
Change
Program
$3,843,822
$4,686,775
+22%
Admin
$382,938
$363,941
-5%
Fundraising
$192,597
$226,524
+18%
Total Expenses
$4,419,357
$5,277,240
+19%
Income Statement
