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Nonprofit · EIN 41-6045207

MINNESOTA SECTION INSTITUTE OF FOOD TECHNOLOGISTS

Tax-exempt · MINNEAPOLIS, MN 55427

Financials

$89K$88K2023$112K$96K2024
Revenue Expenses · by fiscal year end
Financials of MINNESOTA SECTION INSTITUTE OF FOOD TECHNOLOGISTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$111,522$95,555$15,967$939,040$0$939,040
June 30, 2024990$88,668$88,097$571$923,073$0$923,073
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,680
Membership dues
$6,680
Program service revenue
$9,560
Investment income
$28,303
Net income from fundraising events
$66,979
Other revenue
$66,979

Expenses

Grants and similar amounts paid
$38,144
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,510
Travel
$532
Program services (functional)
$87,645
Management and general (functional)
$7,910

Balance sheet and other

Total assets, start of year
$923,073
Total assets, end of year
$939,040
Total liabilities, end of year
$0
Net assets, end of year
$939,040
Net assets without donor restrictions
$939,040
Gross receipts
$182,065
Employees
0
Volunteers
43
Year formed
1957
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
LINDSAY BUDINPRESIDENT
Trustee or director, Officer
1$0
MISEN LUUPRESIDENT-ELECT
Trustee or director, Officer
1$0
HASMUKH PATELIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0
CORINNE EGANTREASURER
Trustee or director, Officer
1$0
EMILY PETTERSONASSISTANT TREASURER
Trustee or director, Officer
1$0
GERRY BUESCHERSECRETARY
Trustee or director, Officer
1$0
ARIANA FRANGOSDIRECTOR AT LARGE
Trustee or director
1$0
EMILY GRISBECKDIRECTOR AT LARGE
Trustee or director
1$0
TESS TIERNEYDIRECTOR AT LARGE
Trustee or director
1$0
DANA DRONENDIRECTOR AT LARGE
Trustee or director
1$0
GEORGE ANNORDIRECTOR AT LARGE
Trustee or director
1$0
TREVOR SANNESDIRECTOR AT LARGE
Trustee or director
1$0
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensation
HASMUKH PATELPRESIDENT
Trustee or director, Officer
1$0
LINDSAY BUDINPRESIDENT-ELECT
Trustee or director, Officer
1$0
MUTHU MUTHUKUMARAPPANIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0
MISEN LUUTREASURER
Trustee or director, Officer
1$0
DANIEL ESTRADAASSISTANT TREASURER
Trustee or director, Officer
1$0
GERRY BUESCHERSECRETARY
Trustee or director, Officer
1$0
ARIANA FRANGOSDIRECTOR AT LARGE
Trustee or director
1$0
MARY SCHMIDLDIRECTOR AT LARGE
Trustee or director
1$0
TESS TIERNEYDIRECTOR AT LARGE
Trustee or director
1$0
DANA DRONENDIRECTOR AT LARGE
Trustee or director
1$0
SHARON HERZOGDIRECTOR AT LARGE
Trustee or director
1$0
TREVOR SANNESDIRECTOR AT LARGE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
9000 PLYMOUTH AVE N, MINNEAPOLIS, MN 55427-3870
In care of
% DON STEENSON
Signed the 990
MISEN LUU, PRESIDENT
Phone
(952) 540-2271
Return prepared by
BGM CPA LLC

Mission

THE MINNESOTA SECTION OF THE INSTITUTE OF FOOD TECHNOLOGISTS (IFT) IS OPEN TO ANYONE WHO IS INTERESTED IN FOOD SCIENCE, FOOD TECHNOLOGY, AND THE FOOD INDUSTRY IN THIS GEOGRAPHICAL REGION. THE SECTION ALSO PROVIDES SUPPORT TO THE GREAT PLAINS SUBSECTION, WHICH INCLUDES MEMBERS LIVING IN EASTERN SOUTH DAKOTA AND SOUTHERN MINNESOTA.

990 for the year ended June 30, 2025

Program accomplishments

  • SCHOLARSHIPS AND GRANTS TO FOOD SCIENCE STUDENTS, SCIENCE FAIR AWARDS, COLLEGE BOWL TEAM SPONSORSHIP, EDUCATIONAL MACY AWARD LECTURE, TRAVEL FOR MACY AWARD.
    Expenses $65,532 · grants $38,144
  • DINNER MEETING EXPENSE FOR PROGRAM MEETINGS.
    Expenses $22,113 · revenue $9,560

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-6045207
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1965
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$939,040
Income (IRS master file)
$182,065

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$111,522$95,555$939,040XML
990June 2024$88,668$88,097$923,073XML
990June 2023$129,517$81,549$922,502IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 41-6045207).

Questions about MINNESOTA SECTION INSTITUTE OF FOOD TECHNOLOGISTS

What is the EIN of MINNESOTA SECTION INSTITUTE OF FOOD TECHNOLOGISTS?
The employer identification number (EIN) of MINNESOTA SECTION INSTITUTE OF FOOD TECHNOLOGISTS is 41-6045207.
Is MINNESOTA SECTION INSTITUTE OF FOOD TECHNOLOGISTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
Are donations to MINNESOTA SECTION INSTITUTE OF FOOD TECHNOLOGISTS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MINNESOTA SECTION INSTITUTE OF FOOD TECHNOLOGISTS 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 SECTION INSTITUTE OF FOOD TECHNOLOGISTS due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MINNESOTA SECTION INSTITUTE OF FOOD TECHNOLOGISTS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of MINNESOTA SECTION INSTITUTE OF FOOD TECHNOLOGISTS?
The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does MINNESOTA SECTION INSTITUTE OF FOOD TECHNOLOGISTS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $111,522, expenses of $95,555 and total assets of $939,040 at year end.

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