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MINNESOTA BLACK COLLECTIVE FOUNDATION
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MINNESOTA BLACK COLLECTIVE FOUNDATION
Minneapolis, MN, US
•
501(c)(3)
•
EIN
88-3613546
•
www.minnesotablackcollectivefoundation.org
•
Regional Funder
MINNESOTA BLACK COLLECTIVE FOUNDATION
Sign up to claim this org
Minneapolis, MN, US
•
501(c)(3)
•
EIN
88-3613546
•
www.minnesotablackcollectivefoundation.org
•
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
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Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$2,832,734
Contributions
95%
Investments
5%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in
2024
$2,146,639
Grants
49%
Fees to Service Providers
23%
Salaries & Benefits
19%
Other
8%
Offices, Occupancy & IT
1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$5,830,885
$2,704,114
-54%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$20,405
$128,620
+530%
Other
$0
$0
-
Total Revenues
$5,851,290
$2,832,734
-52%
Expenses
2023
2024
Change
Grants
$1,120,000
$1,049,892
-6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$402,500
-
Fees to Service Providers
$371,955
$487,480
+31%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$20,604
$31,553
+53%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$22,664
$175,214
+673%
Total Expenses
$1,535,223
$2,146,639
+40%
Net income
2023
2024
Change
Net income
+$4,316,067
+$686,095
-84%
Functional Expenses
Summary
2023
2024
Change
Program
$1,445,288
$1,553,160
+7%
Admin
$50,461
$364,022
+621%
Fundraising
$39,474
$229,457
+481%
Total Expenses
$1,535,223
$2,146,639
+40%
Income Statement
