Minnesota Newspaper Foundation in Minneapolis, Minnesota (MN)

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Minnesota Newspaper Foundation
Employer Identification Number (EIN)411358665
Name of OrganizationMinnesota Newspaper Foundation
In Care of NameLINDA FALKMAN
Address12 South 6th Street Suite 1120, Minneapolis, MN 55402
ActivitiesStudy and research (non scientific), Other instruction and training
SubsectionCharitable Organization
Ruling Date09/1979
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2012
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$113,220
Amount of Income$16,359
Form 990 Revenue Amount$16,359
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Television


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Amount of income in 2012: $16,359 (it was $9,854 in 2012)
Minnesota Newspaper Foundation: 

 $16,359
Other organizations performing similar types of work: 

 $386,141

Assets in 2012: $113,220 (it was $104,210 in 2012)
Minnesota Newspaper Foundation: 

 $113,220
Other organizations performing similar types of work: 

 $841,377

Expenses in 2012: $18,864
Minnesota Newspaper Foundation: 

 $18,864
Other organizations performing similar types of work: 

 $348,682

Income to expenses ratio in 2012: 0.9
Minnesota Newspaper Foundation: 

 0.9
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2012: 96.3%
Minnesota Newspaper Foundation: 

 96.3%
Other organizations performing similar types of work: 

 85.1%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$9,854
Contributions, gifts, grants, and similar amounts received$9,491
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$363
Total expenses$18,864
Total net assets$104,210
Deficit for the year$-9,010
Net assets or fund balances at beginning of year$113,220
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$104,210
Total liabilities$0
Net assets or fund balances$104,210
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$195,741
Gifts, grants, contributions, and membership fees received$159,440
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$36,301
Gross receipts from related activities, etc.$43,961
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Go IncPO BOX 1196, Helotes, TX 78023-1196TX1979-02$1,874,306
2Grand Valley Public Radio Company1310 Ute Ave, Grand Jct, CO 81501-4620CO1996-01$386,141
3Minnesota Newspaper Foundation12 South 6th Street Suite 1120, Minneapolis, MN 55402MN1979-09$16,359
4Midwest Video Arts Foundation, C-O Michael E Hearrold11609 Ne 115th St, Liberty, MO 64068-7102MO1994-10$0
Number of organizations performing similar types of work
Colorado1
Minnesota1
Missouri1
Texas1
Total4

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