Skip to main content
Filing year 2024

MINNESOTA BLACK COLLECTIVE FOUNDATION

Minneapolis, Minnesota·EIN 88-3613546·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(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 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.

Secretary, President, Co-founder & Corp Member
Median to 75th percentile
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MINNESOTA BLACK COLLECTIVE FOUNDATION equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
9%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MINNESOTA BLACK COLLECTIVE FOUNDATION

What does the Chief Executive Officer of MINNESOTA BLACK COLLECTIVE FOUNDATION earn?

In 2024, the Chief Executive Officer of MINNESOTA BLACK COLLECTIVE FOUNDATION received $193,255 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MINNESOTA BLACK COLLECTIVE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Chief Executive Officer at MINNESOTA BLACK COLLECTIVE FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at MINNESOTA BLACK COLLECTIVE FOUNDATION equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MINNESOTA BLACK COLLECTIVE FOUNDATION's revenue and expenses?

In 2024, MINNESOTA BLACK COLLECTIVE FOUNDATION reported $2.8M in total revenue and $2.1M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.