The Minnesota Daily

Organization Overview

The Minnesota Daily is located in Minneapolis, MN. The organization was established in 1990. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 08/2021, Minnesota Daily employed 176 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Daily is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2021, Minnesota Daily generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $962.9k during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATIONAL TRAINING OF STUDENTS IN ALL AREAS OF NEWSPAPER OPERATIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MINNESOTA DAILY IS THE STUDENT-RUN NEWS ORGANIZATION AT THE UNIVERSITY OF MINNESOTA. BEFORE THE COVID-19 PANDEMIC, IT PUBLISHED PRINT EDITIONS TWICE A WEEK ON MONDAYS AND THURSDAYS DURING THE SCHOOL YEAR AND ONE WEEKLY EVERY WEDNESDAY DURING SUMMER TERM. IT PUBLISHES SPECIAL SECTIONS SEVERAL TIMES DURING THE SCHOOL YEAR. IT ALSO PUBLISHES ONLINE AT MNDAILY.COM. WITH A PRINT CIRCULATION OF 10,000 AND ONLINE TRAFFIC AVERAGING OVER 160,000 USERS PER MONTH, AS WELL AS A STRONG SOCIAL MEDIA FOLLOWING, THE DAILY PROVIDES NEWS AND INFORMATION TO 52,300 STUDENTS, 23,700 FACULTY/STAFF, AND THOUSANDS OF ALUMNI, PROSPECTIVE STUDENTS, PARENTS, SPORTS FANS AND OTHERS.OVER 130 STUDENTS ARE EMPLOYED IN THE NEWS, ADVERTISING, BUSINESS, DISTRIBUTION, MARKETING AND FINANCE DEPARTMENTS, INCLUDING ALL MAJOR LEADERSHIP POSITIONS. THIS PROVIDES TRAINING AND EXPERIENCE FOR UNIVERSITY OF MINNESOTA STUDENTS IN ALL MAJORS IN ALL ASPECTS OF JOURNALISM AND BUSINESS MANAGEMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Charlie Weaver
General Manager
$89,246
Bill Conroy
Director/accounting Consultant
$28,388
Tiffany Welty
Business Operations Officer
$17,868
Dylan Miettinen
Editor In Chief
$16,595
Cleo Krejci
Editor In Chief
$9,500
Kyle Stumpf
Business Operations Officer
$8,075

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $209,989
All other contributions, gifts, grants, and similar amounts not included above$6,064
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$216,053
Total Program Service Revenue$988,380
Investment income $36,568
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $77,572
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,318,573

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Minnesota Daily has recieved totaling $16,854.

Awarding OrganizationAmount
Mightycause Charitable Foundation

Marianna, FL

PURPOSE: UNRESTRICTED

$16,854
View Grant Recipient Profile

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