MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MINNESOTA NEWS MEDIA INSTITUTE INC, founded in 2009, is a micro nonprofit in the Education sector that reported $71K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $80K exceeded revenue, resulting in a 12% operating deficit.
THE MINNESOTA NEWS MEDIA INSTITUTE (MNI) IS A PARTNERSHIP OF THE MORE THAN 250 WEEKLY AND DAILY NEWSPAPER AND DIGITAL NEWS MEMBERS OF THE MINNESOTA NEWSPAPER ASSOCIATION. (CONTINUED ON SCHEDULE O)THE MINNESOTA NEWS MEDIA INSTITUTE'S MISSION IS TO PROVIDE HIGH-QUALITY, ACCESSIBLE AND AFFORDABLE EDUCATION, TRAINING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR CURRENT AND FUTURE NEWS MEDIA PROFESSIONALS; TO PROMOTE FAIR AND TRUSTED JOURNALISM; AND TO WORK TO INCREASE THE PUBLIC'S UNDERSTANDING OF THE ROLE AND OBLIGATION OF A FREE PRESS IN OUR SOCIETY.
CITIZEN JOURNALISM UNIVERSITY: CITIZEN JOURNALISM UNIVERSITY WAS LAUNCHED IN 2022 BY MNI, IN PARTNERSHIP WITH BETHEL UNIVERSITY, IN RESPONSE TO AN OBVIOUS LABOR CRISIS AMONG MINNESOTA'S COMMUNITY...
CITIZEN JOURNALISM UNIVERSITY: CITIZEN JOURNALISM UNIVERSITY WAS LAUNCHED IN 2022 BY MNI, IN PARTNERSHIP WITH BETHEL UNIVERSITY, IN RESPONSE TO AN OBVIOUS LABOR CRISIS AMONG MINNESOTA'S COMMUNITY NEWSPAPERS. CJU IS AN INTENSIVE, FIVE-WEEK ONLINE TRAINING PROGRAM THAT TAKES COMMUNITY MEMBERS FROM INTERESTED BYSTANDERS TO FLEDGLING REPORTERS WHO ARE EQUIPPED TO REPORT ON COMMUNITY TOPICS FOR THEIR SPONSORING NEWSPAPER. THE CJU COURSE IS TAUGHT ONLINE BY SEASONED MINNESOTA NEWSPAPER PROFESSIONALS AND BETHEL UNIVERSITY JOURNALISM FACULTY. STUDENTS ARE SUPPORTED THROUGHOUT BY VOLUNTEER MENTORS. FOURTEEN PEOPLE FROM THREE STATES SUCCESSFULLY COMPLETED THE COURSE IN 2024 AND EARNED CITIZEN JOURNALIST CERTIFICATION. (CONTINUTED ON SCHEDULE O)MNI SUBSIDIZES THE PROGRAM AND TUITION FOR MINNESOTA STUDENTS SPONSORED BY MNA MEMBERS. OTHER SPONSOR NEWS ORGANIZATIONS PAY FULL TUITION. THERE IS NO COST TO STUDENTS.
MNI INTERNSHIP PROGRAM: THE MNI-SPONSORED INTERNSHIP PROGRAM PROVIDES WAGE SUBSIDIES FOR HIGH SCHOOL OR COLLEGE AGED SUMMER INTERNS AT MNA MEMBER NEWSPAPERS. THE GOAL IS TO HELP THE STUDENT GAIN...
MNI INTERNSHIP PROGRAM: THE MNI-SPONSORED INTERNSHIP PROGRAM PROVIDES WAGE SUBSIDIES FOR HIGH SCHOOL OR COLLEGE AGED SUMMER INTERNS AT MNA MEMBER NEWSPAPERS. THE GOAL IS TO HELP THE STUDENT GAIN SKILLS TO SUCCEED IN THE WORKFORCE AND ENCOURAGE THEM TO PURSUE CAREERS AS NEWS MEDIA PROFESSIONALS. IN 2022, THE PROGRAM PROVIDED A 75% INTERN WAGE SUBSIDY, UP TO $1,000, FOR 12 INTERNSHIPS (AN INCREASE FROM 10 IN PREVIOUS YEARS). DUE TO HIGH DEMAND, THE 12 MNA MEMBER NEWSPAPERS TO HOST MNI INTERNS WERE CHOSEN BY LOTTERY.
ON-DEMAND AND IN-PERSON TRAINING FOR NEWS MEDIA PROFESSIONALS: ANNUALLY, MNI PRESENTS MORE THAN 30 TRAINING PROGRAMS, SEMINARS AND WEBINARS, REACHING OUR MEMBERS FROM WIDE VARIETY OF MEDIA OUTLETS...
ON-DEMAND AND IN-PERSON TRAINING FOR NEWS MEDIA PROFESSIONALS: ANNUALLY, MNI PRESENTS MORE THAN 30 TRAINING PROGRAMS, SEMINARS AND WEBINARS, REACHING OUR MEMBERS FROM WIDE VARIETY OF MEDIA OUTLETS. THESE PROGRAMS COVER A RANGE OF TOPICS ESSENTIAL TO HELPING PROFESSIONALS IN THE FIELD IMPROVE THEIR JOB PERFORMANCE AND SERVE THEIR COMMUNITIES. MNI SUPPORT CREATES NO-COST TRAINING OPPORTUNITIES FOR HUNDREDS OF SALES, EDITORIAL AND NEWS BUSINESS PROFESSIONALS THROUGH ONLINE MEDIA CAMPUS, DIGIVERSITY TV, MNI STUDENT SESSIONS AND IN-PERSON AND ONLINE MNI PROFESSIONAL SESSIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $71,376 | $178,407 | -0.6% |
| Expenses | $79,758 | $134,252 | -0.4% |
| Net Income | $-8,382 | $44,155 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHAD KOENEN | IMMEDIATE PAST PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUSTIN LESSMAN | 1ST VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CRYSTAL MILLER | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TARA BRANDL | 2ND VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KELLY BOLDAN | 3RD VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOUG HANNEMAN | RETIRED EDITOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELISA COHEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE JAMESON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL GAIER | CHAIR, DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIM DOUGLASS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TED ALMEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA HILLS | EXECUTIVE DIRECTOR | 1.00 |
Officer
|
$0 | $12,816 | $165,331 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $71,376 | $79,758 | $1,635,117 | $-8,382 |
| 2023 | $178,407 | $134,252 | $1,539,374 | $44,155 |
| 2022 | $45,062 | $115,058 | $1,480,271 | $-69,996 |
| 2021 | $46,043 | $60,939 | $1,765,719 | $-14,896 |
| 2020 | $41,377 | $95,657 | $1,515,220 | $-54,280 |
| 2019 | $185,828 | $97,235 | $1,466,066 | $88,593 |
| 2018 | $79,482 | $96,903 | $1,178,192 | $-17,421 |
Compare MINNESOTA NEWS MEDIA INSTITUTE INC with other nonprofits in Minnesota and across the country.