Minnesota Council of Nonprofits Inc

EIN: 363501477 501(c)(3) Philanthropy & Grantmaking

St Paul, MN

Total Revenue
$4,162,645
Total Expenses
$3,942,568
Total Assets
$5,636,266
Net Assets
$4,426,464
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MN
Principal Officer
Nonoko Sato
Phone
6516421904
Tax Period
2024-01-01 to 2024-12-31

Minnesota Council of Nonprofits Inc, founded in 1986, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.2M in total revenue in fiscal year 2024. Expenses of $3.9M left a modest 5% surplus.

Mission

The Minnesota Council of Nonprofits informs, promotes, connects and strengthens individual nonprofits and the nonprofit sector.

Program Service Accomplishments

Program 1
Expenses: $1,059,434 Revenue: $573,109

Education: MCN strives to provide educational events, networking opportunities, and publications that center equity and respond to the expressed needs, interests, and experiences of individual...

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Education: MCN strives to provide educational events, networking opportunities, and publications that center equity and respond to the expressed needs, interests, and experiences of individual organizations to support the growth, health, and future of the sector and its people. In 2024, MCN sponsored approximately 70 public events with over 6,150 total attendees. The majority of MCN's workshops were offered virtually in response to member choice; however, we increased the number of in-person conferences from three in 2023 to four in 2024 to include the Greater Minnesota Summit held in Walker, Minnesota. Our Annual Conference was held jointly with partner organization the Minnesota Council on Foundations with registration across the nonprofit and philanthropic sectors of over 1,300 people. The Joint Annual Conference, Nonprofit Leadership Conference, and Nonprofit Fundraising Conference each sold out. Our Finance and Sustainability Conference remained virtual and set an all-time registration high with 522 attendees. Other paid and free events focused on a wide range of topics including voter engagement, equity and justice, cybersecurity, mental health and inclusive practices in the workplace, board governance and financial literacy, storytelling for successful communications and fundraising, effective and healthy leadership, and more. In 2021, MCN introduced Pay What You Can (PWYC) registration for its Annual Conference to create broader access to this popular event. In 2022 we introduced PWYC for additional offerings, including Minnesota Grantmakers, Session Lineup, and the Finance and Sustainability Conference. In 2024 PWYC supported 509 people in participating in MCN's conferences and Minnesota Grantmakers event, and increase in use of over 234 people from 2023. In 2024, MCN continued its role as a researcher and publisher, releasing the annual 2024 Minnesota Nonprofit Economy Report, 2024 Current Conditions of Minnesota's Nonprofit Sector, Minnesota Grants Directory, and Nonprofit News, a newsletter providing information on sector trends and resources. Through its educational programming, MCN worked with hundreds of people from other nonprofits and capacity building groups to bolster interactive learning for Minnesota's nonprofit sector.

Program 2
Expenses: $408,626 Revenue: $541,156

Public Policy and Civic Engagement: MCN builds the capacity of nonprofit leaders to be confident and competent voices on issues impacting their constituents and communities by providing them with...

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Public Policy and Civic Engagement: MCN builds the capacity of nonprofit leaders to be confident and competent voices on issues impacting their constituents and communities by providing them with workshops, briefings, and other informational resources. MCN's Minnesota Budget Project educated nonprofits, decision-makers, the media, and the public on budget, tax, and economic policy issues through a range of activities. In 2024, MCN offered public policy training and information series attended by several hundred participants that included presentations on nonprofit advocacy, state agencies, nonpartisan voter engagement, as well as conversations with elected and appointed officials.

Program 3
Expenses: $381,775 Revenue: $1,199,607

Membership: In 2024, 2,219 charitable organizations (nonprofit membership), 236 businesses (associate membership, and four (foundation membership) contributed dues to support the full array of MCN's...

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Membership: In 2024, 2,219 charitable organizations (nonprofit membership), 236 businesses (associate membership, and four (foundation membership) contributed dues to support the full array of MCN's work priorities. MCN members receive discounts on publications, in-person and virtual workshops, and full-day conferences. Additionally, nonprofit members have the ability to post job openings on MCN's highly trafficked job board at no cost. In 2024, MCN members posted 12,141 free staff, board, volunteer, and intern openings on MCN's job board. Through the use of free member publication vouchers, MCN nonprofit members requested and received 909 free copies of regularly updated publications, like the Minnesota Grants Directory, Minnesota Nonprofit Salary & Benefits Survey, Minnesota Nonprofit Legal Handbook, Handbook for Starting a Successful Nonprofit, and Principles and Practices for Nonprofit Excellence. MCN also capitalizes on the group purchasing power of its members to negotiate lower prices and better service on many products and services that nonprofits need, including banking, insurance, health plans, employee benefits, office supplies, payroll processing and more. In 2024, MCN added a new discounted phone and video interpretation service offering (LanguageLine Services) to its suite of member savings partnerships.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,615,279
Program Service Revenue $2,438,632
Investment Income $108,734
Other Revenue $0
TOTAL REVENUE $4,162,645

Expense Breakdown

Grants Paid $110,333
Salaries & Benefits $2,457,910
Fundraising Expenses $159,265
Program Expenses $2,920,981
Other Expenses $1,374,325
TOTAL EXPENSES $3,942,568

Year-over-Year Comparison

2024 2023 Change
Revenue $4,162,645 $3,939,048 +0.1%
Expenses $3,942,568 $3,718,392 +0.1%
Net Income $220,077 $220,656 0.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
22
Independent Members
22
Employees
34
Volunteers
334

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
8
$363,498
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Theresa Gardella Co-Chair 2.00
Officer Director
$0 $0 $0
SuFei Wong McKhann Co-Chair 2.00
Officer Director
$0 $0 $0
Brian Voerding Secretary 2.00
Officer Director
$0 $0 $0
Karen Koeder Treasurer 2.00
Officer Director
$0 $0 $0
May yer Thao Vice Chair 2.00
Officer Director
$0 $0 $0
Xavier Vazquez Vice Chair 2.00
Officer Director
$0 $0 $0
Beth Schoeppler Board Member 1.00
Director
$0 $0 $0
Leondra Mitchell Board Member 1.00
Director
$0 $0 $0
Gene Gelgelu Board Member 1.00
Director
$0 $0 $0
Pablo Obregon Board Member 1.00
Director
$0 $0 $0
Lori Schwartz Board Member 1.00
Director
$0 $0 $0
Mary Warner Board Member 1.00
Director
$0 $0 $0
Daryl Yankee Board Member 1.00
Director
$0 $0 $0
Sam Amundson Board Member 1.00
Director
$0 $0 $0
Amy Gray Board Member 1.00
Director
$0 $0 $0
Feather LaRoche Board Member 1.00
Director
$0 $0 $0
Sara Sommarstrom Board Member 1.00
Director
$0 $0 $0
Karina Forrest-Perkins Board Member 1.00
Director
$0 $0 $0
Tee McClenty Board Member 1.00
Director
$0 $0 $0
Sara Niemi Board Member 1.00
Director
$0 $0 $0
Sara Salas Ramirez Board Member 1.00
Director
$0 $0 $0
Aly G Xiong Board Member 1.00
Director
$0 $0 $0
Nonoko Sato Executive Director 40.00
Officer
$173,444 $29,866 $203,310
Kari Aanestad Associate Director 40.00
Officer
$135,260 $24,928 $160,188
Nan Madden MN Budget Project Dir. 40.00
Highest
$114,751 $6,377 $121,128
Marie Ellis Public Policy Director 40.00
Highest
$103,820 $24,059 $127,879
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
2024 $4,162,645 $3,942,568 $5,636,266 $220,077
2023 $3,939,048 $3,718,392 $4,698,878 $220,656
2022 $4,535,390 $4,025,063 $4,644,598 $510,327
2021 $4,025,234 $3,458,872 $3,750,182 $566,362
2020 $3,792,858 $3,495,237 $3,015,481 $297,621
2019 $3,476,574 $3,887,453 $2,706,913 $-410,879
2018 $3,990,291 $3,643,511 $3,045,524 $346,780
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