Run Minnesota
- Assets
- $14.4k
- Revenue
- $130.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Minneapolis, MN
- Founding
- 12/2017
- Data as of
- 12/2022
- EIN
- 82-3138580
Organization Overview
Run Minnesota is located in Minneapolis, MN. The organization was established in 2017. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 12/2022, Run Minnesota employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Run Minnesota 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 12/2022, Run Minnesota generated $130.2k in total revenue. All expenses for the organization totaled $134.5k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE RUNNING COMMUNITY AND SUPPORT RUNNERS OF ALL AGES AND ABILITIES THROUGH EDUCATION, PROGRAMS, AND ADVOCACY. SPECIFICALLY, BY DEVELOPING EDUCATIONAL RESOURCES AND TRAINING PROGRAMS THAT SUPPORT AND EMPOWER RUNNERS, FACILITATING OPPORTUNITIES TO PARTICIPATE IN RACES AND RUNNING EVENTS IN MINNESOTA, AND FOSTERING A WELCOMING, INCLUSIVE RUNNING COMMUNITY FOR ALL MINNESOTANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RACES - TO FURTHER ITS MISSION IN PROMOTING RACING AS A COMPETITIVE SPORT OR RECREATIONAL ACTIVITY, RUN MINNESOTA HOLDS RACES AND WORKS COOPERATIVELY TO PUBLICIZE THE RACING INITIATIVES OF 300 OTHER MINNESOTA-BASED RACE ORGANIZATIONS. THE ASSOCIATION STRIVES TO PROVIDE RUNNERS ACROSS MINNESOTA WITH THE OPPORTUNITY TO PARTICIPATE IN RACES FOR A LOW COST OR FREE OF CHARGE TO REDUCE BARRIERS TO RACE PARTICIPATION.
EQUIPMENT RENTAL AND MERCHANDISING
PERIODICALS - THROUGH THE PUBLICATION OF MONTHLY E-NEWSLETTERS, QUARTERLY RUNMINNESOTA MAGAZINE, AND THE ANNUAL RUNNING MINNESOTA TRAINING LOG AND RACE CALENDAR, RUN MINNESOTA DISSEMINATES INFORMATION ON VARIOUS TOPICS TO THE RUNNING COMMUNITY SUCH AS UPCOMING RACES, RESEARCH PROJECTS, EDUCATIONAL AND TRAINING PRACTICES, RACE RESULTS/RECAPS, AND OTHER STORIES OF INTEREST TO THE RUNNING COMMUNITY.
TRAINING PROGRAMS - RUN MINNESOTA PROVIDES TRAINING PROGRAMS, INFORMATIONAL CLINICS, AND OTHER EDUCATIONAL PROGRAMS TO FURTHER THE ASSOCIATION'S MISSION TO HELP MEMBERS ACHIEVE THEIR RUNNING GOALS. IN 2022, RUN MINNESOTA HELD 5 PROGRAMS WHICH INCLUDED THE FALL AND SPRING HALF AND FULL MARATHON TRAINING PROGRAMS AND THE GRAND PRIX.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Hennessy President | OfficerTrustee | 1 | $0 |
Tom Goudreault Vice President | OfficerTrustee | 1 | $0 |
Clark Weyrauch Secretary | OfficerTrustee | 1 | $0 |
Elizabeth Johnson Board Member | Trustee | 1 | $0 |
John Waters Board Member | Trustee | 1 | $0 |
Laura Butterbaugh Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $15,415 |
| Fundraising events | $0 |
| Related organizations | $47,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,873 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,288 |
| Total Program Service Revenue | $58,224 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $130,216 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,827 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $15,844 |
| Compensation of current officers, directors, key employees. | $8,714 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,029 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,090 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,291 |
| Advertising and promotion | $9,274 |
| Office expenses | $1,259 |
| Information technology | $4,542 |
| Royalties | $0 |
| Occupancy | $5,098 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $134,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,401 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,401 |
| Accounts payable and accrued expenses | $6,391 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,391 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $8,010 |
| Total liabilities and net assets/fund balances | $14,401 |