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Filing year 2024

MINNESOTA BLACK COLLECTIVE FOUNDATION

Minneapolis, Minnesota·EIN 88-3613546·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$2.8M
Total assets
$5.2M
Total expenses
$2.1M
Reported officers
7
Mission

Build black philanthropic power to strengthen the ecosystem of black-led social, political, and economic change in Minnesota and beyond.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Secretary, President, Co-founder & Corp Member
$193k
$206k
Base
$170k
Bonus
Other
Benefits
$18k
Treasurer (jan-mar), Corp Member
officer (unspecified)
$74k
$79k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Top compensation, year by year

From $40k in 2023 to $193k in 2024.

$40k
2023
$193k
2024
In today's dollarsEst.
Up 369% in real terms$44k to $206k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MINNESOTA BLACK COLLECTIVE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.9M
$1.5M
2023
$2.8M
$2.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

Comparable philanthropy, voluntarism & grantmaking organizations in Minnesota pay their highest-earning executive a median of $20,805.

25th percentile
$6k
Median
$20,805
75th percentile
$47k
90th percentile
$100k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 90 organizations across 90 filings (2022 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
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