MINNESOTA PUBLIC TELEVISION ASSOCI… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

Patty Mester

Phone

6512291407

Tax Period

2024-07-01 to 2025-06-30

MINNESOTA PUBLIC TELEVISION ASSOCIATION, founded in 1980, is a small nonprofit that reported $345K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

Provide uplink services for television broadcasts for the Minnesota Legislature to the member stations. There are six member stations.

Program Service Accomplishments

Program 1

Expenses: $342,869 Revenue: $342,868

Provide uplink services for television broadcasts for the Minnesota Legislature to member stations. There are six member stations.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $345,167

Program Service Revenue $0

Investment Income $189

Other Revenue $0

TOTAL REVENUE $345,356

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $342,869

Other Expenses $347,461

TOTAL EXPENSES $347,461

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,356	$265,359	+0.3%
Expenses	$347,461	$337,208	+0.0%
Net Income	$-2,105	$-71,849	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Patty Mester	President	1	Officer Director	$0	$0	$0
Jeff Hanks	Secretary	1	Officer Director	$0	$0	$0
Sylvia Strobel	Trustee	1	Director	$0	$0	$0
Sherece Lamke	Trustee	1	Director	$0	$0	$0
John Harris	Trustee	1	Director	$0	$0	$0
Sylwia Bujak	Trustee	1	Director	$0	$0	$0
Tara Plath	Treasurer	1	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$345,356	$347,461	$214,518	$-2,105
2024	$265,359	$337,208	$216,623	$-71,849
2023	$304,871	$237,603	$288,472	$67,268
2022	$320,991	$390,327	$221,204	$-69,336
2021	$397,737	$299,348	$290,540	$98,389

MINNESOTA PUBLIC TELEVISION ASSOCIATION