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Filing year 2023

STEAM Academy

Inver Grove Hights, Minnesota·EIN 83-2162621·501(c)(3)
Total revenue
$1.2M
Total assets
$780k
Total expenses
$1.4M
Reported officers
6
Mission

STEAM Academy embraces a multidisciplinary curriculum with an emphasis on Science, Technology, Engineering, Arts, and Mathematics (STEAM) to provide a learning-for-understanding environment which values personal and community accountability, creativity, diversity, critical thinking, and multiculturalism. We believe that schools can prepare their students for greater understanding of profound issues through collaboration, critical thinking and problem solving. We believe this is possible when learning is done with purpose.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Member/teacher
Board Member
25th percentile to median
$9k
$9k

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.

Funded by

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

Pay for the position

Board Member pay fell 81% from 2022 to 2023, while revenue fell 9%.

$44k in 2022 to $9k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Financial trend

Revenue and expenses over time

STEAM Academy reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.4M
$1.6M
2022
$1.2M
$1.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about STEAM Academy

What does the Board Member of STEAM Academy earn?

In 2023, the Board Member of STEAM Academy received $8,500 in total compensation. This pay is below the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at STEAM Academy compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at STEAM Academy falls between the 25th percentile and the median.

What are STEAM Academy's revenue and expenses?

In 2023, STEAM Academy reported $1.2M in total revenue and $1.4M in total expenses on its IRS Form 990.

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