INSPIREMSP

EIN: 872961490 501(c)(3) Arts, Culture & Humanities

MINNEAPOLIS, MN

Total Revenue
$245,385
Total Expenses
$265,352
Total Assets
$12,958
Net Assets
$12,958
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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
2021
Legal Domicile
MN
Principal Officer
DAN RYAN
Phone
6127048007
Tax Period
2024-07-01 to 2025-06-30

INSPIREMSP, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $245K in total revenue in fiscal year 2024. Revenue surged 137% from the prior year, signaling strong growth momentum.

Mission

DELIVERS EXPERIENCES TO MIDDLE AND HIGH SCHOOL STUDENTS TO OPEN WORLDS OF POSSIBILITIES.

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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 $242,895
Program Service Revenue $2,490
Investment Income $0
Other Revenue $0
TOTAL REVENUE $245,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $168,080
Fundraising Expenses $39,000
Program Expenses $166,321
Other Expenses $58,272
TOTAL EXPENSES $265,352

Year-over-Year Comparison

2024 2023 Change
Revenue $245,385 $103,649 +1.4%
Expenses $265,352 $100,462 +1.6%
Net Income $-19,967 $3,187 -7.3%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
3
$104,769
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KERRY BRUGGEMAN CHAIR 2.00
Officer Director
$0 $0 $0
ROBBIE SOSKIN TREASURER 2.00
Officer Director
$0 $0 $0
ISREAL MOSES VI DIRECTOR 2.00
Director
$0 $0 $0
WALLES AGOYE DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL GARCIA DIRECTOR 2.00
Director
$0 $0 $0
CHRISTINA LARSON-OELKERS DIRECTOR 2.00
Director
$0 $0 $0
LEONARD SEARCY DIRECTOR 2.00
Director
$0 $0 $0
TERRI STEVENS DIRECTOR 2.00
Director
$0 $0 $0
DAN RYAN EXECUTIVE DIRECTOR/SECRETARY 40.00
Officer
$104,769 $0 $104,769
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 $245,385 $265,352 $12,958 $-19,967
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