Northeast Minneapolis Farmers Market
- Assets
- $91.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 10/2014
- Data as of
- 12/2023
- EIN
- 26-4553496
Organization Overview
Northeast Minneapolis Farmers Market is located in Minneapolis, MN. The organization was established in 2014. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Minneapolis Farmers Market is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Northeast Minneapolis Farmers Market generated $71.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $91.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE NORTHEAST MINNEAPOLIS FARMERS MARKET PROVIDES A SAFE, ACCESSIBLE AND FRIENDLY ENVIRONMENT FOR THE COMMUNITY TO CONDUCT COMMERCE AND ENCOURAGE A SOCIALIZATION ALTERNATIVE. THE MARKET PROMOTES THE SALE OF LOCALLY GROWN AND PRODUCED FRESH FOODS, UNIQUE GIFTS AND UNUSUAL SERVICES OTHERWISE NEGLECTED BY THE MAINSTREAM BUSINESSES. WE ENHANCE THE LIVABILITY OF THE NEIGHBORHOOD AND FOSTER SUSTAINABILITY IN THE NORTHEAST COMMUNITY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,929 |
| Total Program Service Revenue | $0 |
| Membership dues | $37,027 |
| Investment income | $198 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,154 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,727 |
| Professional fees and other payments to independent contractors | $745 |
| Occupancy, rent, utilities, and maintenance | $6,147 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,815 |
| Total expenses | $91,434 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,661 |
| Other assets | $0 |
| Total assets | $91,134 |
| Total liabilities | $23,343 |
| Net assets or fund balances | $67,791 |