MINNESOTA INSTITUTE FOR TALENTED YOUTH

EIN: 416054304 501(c)(3)

ST PAUL, MN

Total Revenue
$1,216,967
Total Expenses
$762,179
Total Assets
$1,940,807
Net Assets
$1,905,188
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
MN
Principal Officer
ERICA BREWINSKI
Phone
6512432221
Tax Period
2024-10-01 to 2025-09-30

MINNESOTA INSTITUTE FOR TALENTED YOUTH, founded in 1967, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $455K, a strong 37% operating margin.

Mission

MITY'S MISSION IS TO INSPIRE AND CHALLENGE INTELLECTUALLY CURIOUS STUDENTS TO PURSUE THEIR PASSIONS WITHIN A DIVERSE, INCLUSIVE COMMUNITY AND EMPOWER THEM BY BUILDING SKILLS AND RELATIONSHIPS FOR LIFELONG SUCCESS.

Program Service Accomplishments

Program 1
Expenses: $253,154 Revenue: $361,552

MITY'S EXPAND YOUR MIND (EYM) PROGRAM SERVED 265 STUDENTS ENTERING GRADES 9-12. ROUGHLY 35% OF PARTICIPANTS IDENTIFIED AS BIPOC, 61% WERE FEMALE, AND 20% RECEIVED FINANCIAL AID. STUDENTS ATTENDED...

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MITY'S EXPAND YOUR MIND (EYM) PROGRAM SERVED 265 STUDENTS ENTERING GRADES 9-12. ROUGHLY 35% OF PARTICIPANTS IDENTIFIED AS BIPOC, 61% WERE FEMALE, AND 20% RECEIVED FINANCIAL AID. STUDENTS ATTENDED FROM 13 DIFFERENT U.S. STATES AND ABROAD AND SELECTED FROM 25 UNIQUE STEM, HUMANITIES, AND FINE ARTS COURSES. 99% OF FAMILIES REPORTED A "GREAT OVERALL EXPERIENCE AND 99% WOULD RECOMMEND THE PROGRAM TO OTHERS. STUDENTS COULD CHOOSE TO LIVE IN THE DORMS AT MACALESTER COLLEGE AND GET A MEANINGFUL GLIMPSE OF POST-SECONDARY EDUCATION. THERE ARE NO COMPARABLE PROGRAMS FOR ADVANCED STUDENTS IN MINNESOTA.

Program 2
Expenses: $146,466 Revenue: $236,095

MITY'S EXPLORSCHOOL PROGRAM SERVED 311 STUDENTS ENTERING GRADES 6-8, A 13% INCREASE FROM THE PRIOR YEAR. APPROXIMATELY 40% OF STUDENTS IDENTIFIED AS BIPOC, 47% WERE FEMALE, AND 10% RECEIVED FINANCIAL...

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MITY'S EXPLORSCHOOL PROGRAM SERVED 311 STUDENTS ENTERING GRADES 6-8, A 13% INCREASE FROM THE PRIOR YEAR. APPROXIMATELY 40% OF STUDENTS IDENTIFIED AS BIPOC, 47% WERE FEMALE, AND 10% RECEIVED FINANCIAL AID. PARTICIPANTS CONNECTED WITH LIKE-MINDED PEERS FROM 126 DIFFERENT SCHOOLS. STUDENTS CHOSE FROM 46 UNIQUE CLASSES AND WERE EMPOWERED TO PURSUE THEIR PASSIONS THROUGH SMALL CLASS SIZES, EXPERT TEACHERS, FIELD TRIPS, AND GUEST SPEAKERS. ONE HUNDRED PERCENT OF FAMILIES WOULD RECOMMEND MITY TO OTHERS AND 92% OF STUDENTS REPORTED FEELING A "SENSE OF BELONGING" AT MITY.

Program 3
Expenses: $241,046 Revenue: $206,999

MITY'S YES PROGRAMS ARE FOR 1ST-4TH GRADE STUDENTS. THE SATURDAY MORNING ENRICHMENT PROGRAM SERVED 331 STUDENTS LAST YEAR. MITY'S SUMMER YES PROGRAM SERVED 376 STUDENTS FROM 121 DIFFERENT SCHOOLS IN...

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MITY'S YES PROGRAMS ARE FOR 1ST-4TH GRADE STUDENTS. THE SATURDAY MORNING ENRICHMENT PROGRAM SERVED 331 STUDENTS LAST YEAR. MITY'S SUMMER YES PROGRAM SERVED 376 STUDENTS FROM 121 DIFFERENT SCHOOLS IN THE TWIN CITIES AND SURROUNDING AREAS. EIGHT PERCENT OF STUDENTS RECEIVED FINANCIAL AID. ONE HUNDRED PERCENT OF FAMILIES SAID THEIR CHILD LEARNED SOMETHING NEW AND 99% WOULD RECOMMEND MITY TO OTHERS. MITY OFFERED 94 UNIQUE ELEMENTARY CLASSES LAST YEAR IN STEM, HUMANITIES, AND THE FINE ARTS. THE FACT THAT MITY IS NOW REGULARLY REACHING CAPACITY SPEAKS TO THE VALUE OF OUR WORK.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $81,384
Program Service Revenue $804,646
Investment Income $327,624
Other Revenue $3,313
TOTAL REVENUE $1,216,967

Expense Breakdown

Grants Paid $107,973
Salaries & Benefits $197,522
Fundraising Expenses $3,643
Program Expenses $640,666
Other Expenses $456,684
TOTAL EXPENSES $762,179

Year-over-Year Comparison

2024 2023 Change
Revenue $1,216,967 $861,909 +0.4%
Expenses $762,179 $681,981 +0.1%
Net Income $454,788 $179,928 +1.5%
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
12
Independent Members
12
Employees
6
Volunteers
20

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
6
$95,729
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARINE MOE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
TED SEMETANA BOARD CHAIR / VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHAD MILLER TREASURER 1.00
Officer Director
$0 $0 $0
CATHERINE LOH BOARD TREASURER / DIRECTOR 1.00
Officer Director
$0 $0 $0
TERESA BOATMAN SECRETARY 1.00
Officer Director
$0 $0 $0
PATRICIA LANGER DIRECTOR 1.00
Director
$0 $0 $0
KARIN ROOF DIRECTOR 1.00
Director
$0 $0 $0
SACHIN BANSAL DIRECTOR 1.00
Director
$0 $0 $0
PAUL CHEMELIK DIRECTOR 1.00
Director
$0 $0 $0
JOSEPHINE MORRISON DIRECTOR 1.00
Director
$0 $0 $0
SEAN SOMERMEYER DIRECTOR 1.00
Director
$0 $0 $0
ERICA BREWINSKI EXECUTIVE DIRECTOR 40.00
Officer
$91,171 $4,558 $95,729
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 $1,216,967 $762,179 $1,940,807 $454,788
2024 $861,909 $681,981 $1,621,951 $179,928
2023 $601,753 $493,382 $1,206,612 $108,371
2022 $519,424 $411,054 $1,012,345 $108,370
2021 $412,226 $273,591 $1,082,347 $138,635
2020 $199,096 $231,660 $820,255 $-32,564
2019 $476,013 $446,329 $789,828 $29,684
2018 $479,914 $464,472 $786,344 $15,442
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