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Nonprofit · EIN 27-1628407

MINNESOTA NEWS MEDIA INSTITUTE INC

Tax-exempt · MINNEAPOLIS, MN 55402

Financials

$178K$134K2023$71K$80K2024
Revenue Expenses · by fiscal year end
Financials of MINNESOTA NEWS MEDIA INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$71,376$79,758-$8,382$1,635,117$69,689$1,565,428
December 31, 2023990$178,407$134,252$44,155$1,539,374$80,222$1,459,152
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$17,283
Program service revenue
$9,340
Investment income
$44,753
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,762
Occupancy
$2,988
Program services (functional)
$42,602
Management and general (functional)
$29,362
Fundraising (functional)
$7,794

Balance sheet and other

Total assets, start of year
$1,539,374
Total assets, end of year
$1,635,117
Total liabilities, end of year
$69,689
Net assets, end of year
$1,565,428
Publicly traded securities
$1,507,051
Net assets without donor restrictions
$243,541
Net assets with donor restrictions
$1,321,887
Gross receipts
$71,376
Employees
0
Volunteers
11
Year formed
2009
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
LISA HILLSEXECUTIVE DIRECTOR
Officer
1$0$152,515$12,816
CHAD KOENENIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0$0$0
JUSTIN LESSMAN1ST VICE PRESIDENT
Trustee or director, Officer
1$0$0$0
CRYSTAL MILLERPRESIDENT
Trustee or director, Officer
1$0$0$0
TARA BRANDL2ND VICE PRESIDENT
Trustee or director, Officer
1$0$0$0
KELLY BOLDAN3RD VICE PRESIDENT
Trustee or director, Officer
1$0$0$0
DOUG HANNEMANRETIRED EDITOR
Trustee or director
1$0$0$0
ELISA COHENDIRECTOR
Trustee or director
1$0$0$0
STEVE JAMESONDIRECTOR
Trustee or director
1$0$0$0
BILL GAIERCHAIR, DIRECTOR
Trustee or director, Officer
1$0$0$0
TIM DOUGLASSTREASURER
Trustee or director, Officer
1$0$0$0
TED ALMENDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LISA HILLSEXECUTIVE DIRECTOR
Officer
1$0$152,515$14,413
CHAD KOENENIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0$0$0
JUSTIN LESSMAN1ST VICE PRESIDENT
Trustee or director, Officer
1$0$0$0
CRYSTAL MILLERPRESIDENT
Trustee or director, Officer
1$0$0$0
TARA BRANDL2ND VICE PRESIDENT
Trustee or director, Officer
1$0$0$0
KELLY BOLDAN3RD VICE PRESIDENT
Trustee or director, Officer
1$0$0$0
DOUG HANNEMANRETIRED EDITOR
Trustee or director
1$0$0$0
ELISA COHENDIRECTOR
Trustee or director
1$0$0$0
STEVE JAMESONDIRECTOR
Trustee or director
1$0$0$0
BILL GAIERCHAIR, DIRECTOR
Trustee or director, Officer
1$0$0$0
TIM DOUGLASSTREASURER
Trustee or director, Officer
1$0$0$0
TED ALMENDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
10 S 5TH ST STE 1105, MINNEAPOLIS, MN 55402-1036
In care of
% LISA HILLS
Principal officer (990 for 2024)
LISA HILLS, 10 S 5TH ST NO 1105, MINNEAPOLIS, MN 55402
Signed the 990
LISA HILLS, EXECUTIVE DIRECTOR
Phone
(612) 332-8844
Return prepared by
SDK CPA

Mission

THE MINNESOTA NEWS MEDIA INSTITUTE (MNI) IS A PARTNERSHIP OF THE MORE THAN 250 WEEKLY AND DAILY NEWSPAPER AND DIGITAL NEWS MEMBERS OF THE MINNESOTA NEWSPAPER ASSOCIATION. (CONTINUED ON SCHEDULE O)THE MINNESOTA NEWS MEDIA INSTITUTE'S MISSION IS TO PROVIDE HIGH-QUALITY, ACCESSIBLE AND AFFORDABLE EDUCATION, TRAINING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR CURRENT AND FUTURE NEWS MEDIA PROFESSIONALS; TO PROMOTE FAIR AND TRUSTED JOURNALISM; AND TO WORK TO INCREASE THE PUBLIC'S UNDERSTANDING OF THE ROLE AND OBLIGATION OF A FREE PRESS IN OUR SOCIETY.

990 for the year ended December 31, 2024

Program accomplishments

  • CITIZEN JOURNALISM UNIVERSITY: CITIZEN JOURNALISM UNIVERSITY WAS LAUNCHED IN 2022 BY MNI, IN PARTNERSHIP WITH BETHEL UNIVERSITY, IN RESPONSE TO AN OBVIOUS LABOR CRISIS AMONG MINNESOTA'S COMMUNITY NEWSPAPERS. CJU IS AN INTENSIVE, FIVE-WEEK ONLINE TRAINING PROGRAM THAT TAKES COMMUNITY MEMBERS FROM INTERESTED BYSTANDERS TO FLEDGLING REPORTERS WHO ARE EQUIPPED TO REPORT ON COMMUNITY TOPICS FOR THEIR SPONSORING NEWSPAPER. THE CJU COURSE IS TAUGHT ONLINE BY SEASONED MINNESOTA NEWSPAPER PROFESSIONALS AND BETHEL UNIVERSITY JOURNALISM FACULTY. STUDENTS ARE SUPPORTED THROUGHOUT BY VOLUNTEER MENTORS. FOURTEEN PEOPLE FROM THREE STATES SUCCESSFULLY COMPLETED THE COURSE IN 2024 AND EARNED CITIZEN JOURNALIST CERTIFICATION. (CONTINUTED ON SCHEDULE O)MNI SUBSIDIZES THE PROGRAM AND TUITION FOR MINNESOTA STUDENTS SPONSORED BY MNA MEMBERS. OTHER SPONSOR NEWS ORGANIZATIONS PAY FULL TUITION. THERE IS NO COST TO STUDENTS.
    Expenses $23,370 · revenue $4,400
  • MNI INTERNSHIP PROGRAM: THE MNI-SPONSORED INTERNSHIP PROGRAM PROVIDES WAGE SUBSIDIES FOR HIGH SCHOOL OR COLLEGE AGED SUMMER INTERNS AT MNA MEMBER NEWSPAPERS. THE GOAL IS TO HELP THE STUDENT GAIN SKILLS TO SUCCEED IN THE WORKFORCE AND ENCOURAGE THEM TO PURSUE CAREERS AS NEWS MEDIA PROFESSIONALS. IN 2022, THE PROGRAM PROVIDED A 75% INTERN WAGE SUBSIDY, UP TO $1,000, FOR 12 INTERNSHIPS (AN INCREASE FROM 10 IN PREVIOUS YEARS). DUE TO HIGH DEMAND, THE 12 MNA MEMBER NEWSPAPERS TO HOST MNI INTERNS WERE CHOSEN BY LOTTERY.
    Expenses $9,425 · revenue $2,000
  • ON-DEMAND AND IN-PERSON TRAINING FOR NEWS MEDIA PROFESSIONALS: ANNUALLY, MNI PRESENTS MORE THAN 30 TRAINING PROGRAMS, SEMINARS AND WEBINARS, REACHING OUR MEMBERS FROM WIDE VARIETY OF MEDIA OUTLETS. THESE PROGRAMS COVER A RANGE OF TOPICS ESSENTIAL TO HELPING PROFESSIONALS IN THE FIELD IMPROVE THEIR JOB PERFORMANCE AND SERVE THEIR COMMUNITIES. MNI SUPPORT CREATES NO-COST TRAINING OPPORTUNITIES FOR HUNDREDS OF SALES, EDITORIAL AND NEWS BUSINESS PROFESSIONALS THROUGH ONLINE MEDIA CAMPUS, DIGIVERSITY TV, MNI STUDENT SESSIONS AND IN-PERSON AND ONLINE MNI PROFESSIONAL SESSIONS.
    Expenses $6,196
  • MINNESOTA NEWS MEDIA INSTITUTE WORKS WITH THE MINNESOTA NEWSPAPER ASSOCIATION TO PRESENT AN ANNUAL CONVENTION. THE 2025 CONVENTION WAS A THREE-DAY EVENT IN BROOKLYN PARK, MN. APPROXIMATELY 600 NEWS MEDIA PROFESSIONALS AND STUDENTS ATTENDED TRAINING SESSIONS COVERING: INCREASING REVENUE; BEST PRACTICES; REPORTING; CIRCULATION; LEGAL ISSUES; PHOTOGRAPHY AND NEWSPAPER DESIGN. THE BETTER NEWSPAPER CONTEST AWARDS CELEBRATE EXCELLENCE BY RECOGNIZING AWARD WINNING NEWSPAPERS AND NEWS MEDIA PROFESSIONALS.
    Expenses $3,611 · revenue $2,840

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-1628407
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$1,635,117
Income (IRS master file)
$71,376

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$71,376$79,758$1,635,117XML
990December 2023$178,407$134,252$1,539,374XML
990December 2022$45,062$115,058$1,480,271IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1628407).

Questions about MINNESOTA NEWS MEDIA INSTITUTE INC

What is the EIN of MINNESOTA NEWS MEDIA INSTITUTE INC?
The employer identification number (EIN) of MINNESOTA NEWS MEDIA INSTITUTE INC is 27-1628407.
Is MINNESOTA NEWS MEDIA INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to MINNESOTA NEWS MEDIA INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MINNESOTA NEWS MEDIA INSTITUTE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MINNESOTA NEWS MEDIA INSTITUTE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MINNESOTA NEWS MEDIA INSTITUTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MINNESOTA NEWS MEDIA INSTITUTE INC?
The 990 for the year ended December 31, 2024 names LISA HILLS.
Who are the officers and directors of MINNESOTA NEWS MEDIA INSTITUTE INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does MINNESOTA NEWS MEDIA INSTITUTE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $71,376, expenses of $79,758 and total assets of $1,635,117 at year end.

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