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Filing year 2024

MINNESOTA NEWS MEDIA INSTITUTE INC

Minneapolis, Minnesota·EIN 27-1628407·NTEE B99 · Education·501(c)(3)
Total revenue
$71k
Total assets
$1.6M
Total expenses
$80k
Reported officers
12
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.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.

Executive Director
Below 10th percentile
$13k
$14k

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 11 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MINNESOTA NEWS MEDIA INSTITUTE INC equaled 16% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
16%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 11%
from 2023

From $14k in 2023 to $13k in 2024.

$14k
2023
$13k
2024
In today's dollarsEst.
Down 13% in real terms$16k to $14k

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.

Pay for the position

Chief Executive Officer pay fell 11% from 2023 to 2024, while revenue fell 60%.

$14k in 2023 to $13k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 NEWS MEDIA INSTITUTE INC

What does the Chief Executive Officer of MINNESOTA NEWS MEDIA INSTITUTE INC earn?

In 2024, the Chief Executive Officer of MINNESOTA NEWS MEDIA INSTITUTE INC received $12,816 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Education organizations in Minnesota: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MINNESOTA NEWS MEDIA INSTITUTE INC compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2024 pay of the Chief Executive Officer at MINNESOTA NEWS MEDIA INSTITUTE INC falls in the bottom 10%. In 2024, the highest total compensation at MINNESOTA NEWS MEDIA INSTITUTE INC equaled 16% of the organization's total expenses. The median for education organizations is 7%.

What are MINNESOTA NEWS MEDIA INSTITUTE INC's revenue and expenses?

In 2024, MINNESOTA NEWS MEDIA INSTITUTE INC reported $71k in total revenue and $80k in total expenses on its IRS Form 990.

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