MINNESOTA NEWSPAPER ASSOCIATION

EIN: 410417169 Community Improvement

MINNEAPOLIS, MN

Total Revenue
$3,300,242
Total Expenses
$3,406,168
Total Assets
$1,596,152
Net Assets
$626,083
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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
MN
Principal Officer
LISA HILLS
Phone
6123328844
Tax Period
2024-01-01 to 2024-12-31

MINNESOTA NEWSPAPER ASSOCIATION, founded in 1950, is a community nonprofit in the Community Improvement sector that reported $3.3M in total revenue in fiscal year 2024.

Mission

THE MINNESOTA NEWSPAPER ASSOCIATION IS A TRADE ASSOCIATION THAT PERFORMS VARIOUS SERVICES FOR THE NEWS INDUSTRY OF MINNESOTA AND LOBBIES STATE AND SOMETIMES NATIONAL LAWMAKERS ON BEHALF OF ITS MORE THAN 250 MEMBERS AND RELATED BUSINESSES. (CONTINUED ON SCHEDULE O)MNA'S SERVICES INCLUDE REPRESENTING THE INDUSTRY'S BUSINESS AND FIRST AMENDMENT INTERESTS AT THE MINNESOTA LEGISLATURE AND U.S. CONGRESS; PROVIDING IN-STATE AND NATIONWIDE ADVERTISING SERVICES IN COOPERATION WITH MEMBERS; FACILITATING PROFESSIONAL AND STUDENT DEVELOPMENT THROUGH ITS ASSOCIATED 501(C)3 NONPROFIT, THE MINNESOTA NEWS MEDIA INSTITUTE; ACTING AS AN INFORMATION CENTER FOR MEMBERS AND THE PUBLIC; PROMOTING A FRATERNAL ENVIRONMENT AMONG ASSOCIATION MEMBERS; PROMOTING KNOWLEDGE ABOUT MINNESOTA NEWS ORGANIZATIONS AS VITAL COGS IN AND INDICATORS OF HEALTHY COMMUNITIES; AND SUPPORTING NEWSPAPERS AND RELATED NEWS ORGANIZATIONS IN THEIR VITAL ROLES AS PROMOTERS OF THE PUBLIC INTEREST.

Program Service Accomplishments

Program 1

LEGISLATIVE ADVOCACY: A KEY PART OF MNA'S MISSION IS TO ADVOCATE WITH STATE AND SOMETIMES NATIONAL LAWMAKERS ON BEHALF OF MEMBERS WHEN LEGISLATION OR RULEMAKING COULD AFFECT THE BUSINESS OR...

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LEGISLATIVE ADVOCACY: A KEY PART OF MNA'S MISSION IS TO ADVOCATE WITH STATE AND SOMETIMES NATIONAL LAWMAKERS ON BEHALF OF MEMBERS WHEN LEGISLATION OR RULEMAKING COULD AFFECT THE BUSINESS OR NEWSGATHERING INTERESTS OF THE MINNESOTA NEWSPAPERS, NEWS WEBSITES, AND RELATED ENDEAVORS. MNA CONTRACTS WITH THE COOK STRONG SELLWOOD PUBLIC POLICY FIRM, AND WORKS CLOSELY WITH THEIR PERSONNEL, TO ADVOCATE ON ISSUES INCLUDING PUBLIC LEGAL NOTICES; GOVERNMENT TRANSPARENCY; EMERGING TECHNOLOGIES AS THEY RELATE TO MEMBERS; AND GENERAL BUSINESS MATTERS.

Program 2

MNA CONVENTION & TRADE SHOW: MNA STAGES A THREE-DAY ANNUAL CONFERENCE FOR MEMBERS EACH JANUARY. THE 2025 CONVENTION BROUGHT TOGETHER MORE THAN 400 MEMBERS TO PARTICIPATE IN HIGH-LEVEL SALES AND NEWS...

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MNA CONVENTION & TRADE SHOW: MNA STAGES A THREE-DAY ANNUAL CONFERENCE FOR MEMBERS EACH JANUARY. THE 2025 CONVENTION BROUGHT TOGETHER MORE THAN 400 MEMBERS TO PARTICIPATE IN HIGH-LEVEL SALES AND NEWS TRAINING, SEMINARS AND SALES ACTIVITIES. THE CONVENTION, NOW IN ITS 158TH YEAR, INCLUDED LUNCHEON ADDRESSES BY MINNESOTA GOV. TIM WALZ AND U.S. SEN. AMY KLOBUCHAR AND KEYNOTES FROM UNIVERSITY OF MINNESOTA HUBBARD SCHOOL OF JOURNALISM AND COMMUNICATIONS ELISIA COHEN, AND NOTED LION BIOLOGIST DR. CRAIG PACKER. PROFESSIONAL TRAINERS FROM AROUND THE NATION PRESENTED TWO DAYS OF TRAINING SESSIONS. MORE THAN 700 AWARDS WERE PRESENTED AT THE ANNUAL BETTER NEWSPAPER CONTEST AWARDS BANQUET. A STUDENT RECEPTION FACILITATED NETWORKING WITH POTENTIAL FUTURE EMPLOYERS. (CONTINUED ON SCHEDULE O)A TRADE SHOW PROVIDED A VENUE FOR MINNESOTA NEWS PROFESSIONALS TO CONNECT WITH VENDORS AND EXPERTS FROM RELATED BUSINESSES, SERVICES, NONPROFITS AND EDUCATIONAL INSTITUTIONS. FUNDRAISING ACTIVITIES INCLUDING A SILENT AUCTION, RAFFLE AND PADDLE RAISE WERE CONDUCTED TO HELP SUPPORT OUR ASSOCIATED NONPROFIT, THE MINNESOTA NEWS MEDIA INSTITUTE, PROVIDE PROFESSIONAL AND STUDENT TRAINING PROGRAMS.

Program 3

BETTER NEWSPAPER CONTEST: HELD ANNUALLY, MNA'S BETTER NEWSPAPER CONTEST IS AN OPPORTUNITY FOR MEMBER NEWSPAPERS TO COMPETE FOR RECOGNITION IN PROFESSIONAL AND STUDENT CONTESTS JUDGED BY NEWS...

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BETTER NEWSPAPER CONTEST: HELD ANNUALLY, MNA'S BETTER NEWSPAPER CONTEST IS AN OPPORTUNITY FOR MEMBER NEWSPAPERS TO COMPETE FOR RECOGNITION IN PROFESSIONAL AND STUDENT CONTESTS JUDGED BY NEWS PROFESSIONALS FROM OTHER STATE ASSOCIATIONS. MINNESOTA'S CONTEST IS ONE OF THE LARGEST IN THE NATION AND DREW ALMOST 4,000 ENTRIES FROM MNA MEMBERS THIS YEAR. MORE THAN 700 AWARDS WERE PRESENTED AT THE MNA CONVENTION & TRADE SHOW IN JANUARY. THE CONTESTS PROVIDE VITAL PROFESSIONAL FEEDBACK AND PEER SUPPORT FOR THE WORK OF MNA MEMBERS IN ALL ASPECTS OF NEWSPAPER AND MAGAZINE PUBLISHING, FROM CLASSIFIED ADVERTISING TO PHOTOJOURNALISM TO ONLINE DISCIPLINES.

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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 $349,791
Program Service Revenue $2,941,763
Investment Income $8,688
Other Revenue $0
TOTAL REVENUE $3,300,242

Expense Breakdown

Grants Paid $0
Salaries & Benefits $675,012
Fundraising Expenses $0
Other Expenses $2,731,156
TOTAL EXPENSES $3,406,168

Year-over-Year Comparison

2024 2023 Change
Revenue $3,300,242 $3,224,791 +0.0%
Expenses $3,406,168 $3,256,255 +0.0%
Net Income $-105,926 $-31,464 +2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
7
Volunteers
25

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
5
$165,331
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD KOENEN TREASURER 1.00
Officer Director
$0 $0 $0
CRYSTAL MILLER PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
TARA BRANDL FIRST VP 1.00
Officer Director
$0 $0 $0
KELLY BOLDAN SECOND VP 1.00
Director
$0 $0 $0
STEVE JAMESON THIRD VP 1.00
Director
$0 $0 $0
BILL GAIER DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN LESSMAN PRESIDENT 1.00
Officer Director
$0 $0 $0
TIM DOUGLASS DIRECTOR 1.00
Director
$0 $0 $0
TED ALMEN DIRECTOR 1.00
Director
$0 $0 $0
LISA HILLS EXECUTIVE DIRECTOR 37.50
Officer
$152,515 $12,816 $165,331
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 $3,300,242 $3,406,168 $1,596,152 $-105,926
2023 $3,224,791 $3,256,255 $1,262,170 $-31,464
2022 $3,700,673 $3,597,153 $1,629,649 $103,520
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