The Constellation Fund

EIN: 824027046 501(c)(3) Philanthropy & Grantmaking

Minneapolis, MN

Total Revenue
$5,204,924
Total Expenses
$6,507,390
Total Assets
$7,351,191
Net Assets
$7,311,932
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MN
Principal Officer
Andrew Dayton
Phone
6122631737
Tax Period
2023-07-01 to 2024-06-30

The Constellation Fund, founded in 2018, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.2M in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $6.5M exceeded revenue, resulting in a 25% operating deficit.

Mission

Fight poverty in the Twin Cities by raising the living standards of individuals living below the poverty line in our seven-county metropolitan area.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,025,843
Program Service Revenue $0
Investment Income $179,081
Other Revenue $0
TOTAL REVENUE $5,204,924

Expense Breakdown

Grants Paid $3,585,000
Salaries & Benefits $1,840,638
Fundraising Expenses $825,452
Program Expenses $5,224,854
Other Expenses $1,081,752
TOTAL EXPENSES $6,507,390

Year-over-Year Comparison

2023 2022 Change
Revenue $5,204,924 $6,538,143 -0.2%
Expenses $6,507,390 $5,318,413 +0.2%
Net Income $-1,302,466 $1,219,730 -2.1%
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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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
16
Volunteers
54

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
4
$442,811
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew Dayton CEO/Treasurer/Secretary 40.00
Officer Director
$0 $0 $0
Tim Welsh Board Chairperson 0.50
Officer Director
$0 $0 $0
Eric Dayton Board Member 0.50
Director
$0 $0 $0
Wendy Nelson Board Member 0.50
Director
$0 $0 $0
Marcia Page Board Member 0.50
Director
$0 $0 $0
Lynne Redleaf Board Member 0.50
Director
$0 $0 $0
Susan Bass Roberts Board Member 0.50
Director
$0 $0 $0
Pahoua Yang Hoffman Board Member 0.50
Director
$0 $0 $0
John O'Neil Board Member 0.50
Director
$0 $0 $0
Doug Baker Board Member 0.50
Director
$0 $0 $0
Dr Fayneese Miller Board Member 0.50
Director
$0 $0 $0
Katie Clark Seiben Board Member 0.50
Director
$0 $0 $0
Susan Corridoni Board Member 0.50
Director
$0 $0 $0
Kathleen MacLennan Board Member 0.50
Director
$0 $0 $0
Renay Dossman Board Member 0.50
Director
$0 $0 $0
Saanii Hernandez Chief Operating Officer 40.00
Officer
$169,217 $19,600 $188,817
Matthew Morton Executive Director 40.00
Officer
$249,500 $4,494 $253,994
Jose Diaz PhD Chief Economist 40.00
Highest
$127,606 $4,411 $132,017
Sandy Carr Chief Impact Officer 40.00
Highest
$117,942 $4,700 $122,642
Chris Wentzlaff VP of Advancement 40.00
Highest
$108,489 $1,590 $110,079
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 No data No data No data No data
2024 $5,204,924 $6,507,390 $7,351,191 $-1,302,466
2023 $6,538,143 $5,318,413 $9,015,015 $1,219,730
2022 $5,161,859 $5,946,951 $8,581,079 $-785,092
2021 $5,692,681 $3,882,955 $8,252,391 $1,809,726
2020 $5,607,058 $2,937,108 $6,458,682 $2,669,950
2019 $4,442,861 $744,196 $3,784,517 $3,698,665
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