Minnesota Media Arts
Nonprofit profile at a glance
- EIN
- 363330457
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Minneapolis, MN, USA
- Phone
- 6126279253
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $20,980
- Expenses
- $19,619
- Assets
- $39,904
- Liabilities
- $485
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Mark Stanley (Director & President)
People named in this filing
- Mark Stanley (Director & President)
- Ron McCoy (Director & Treasurer)
- Neil Sieling (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The specific purpose of the Corporation is charitable: To preserve, protect and promote media arts for purposes of historical and cultural preservation. This includes restoring and digitally archiving historical analog recordings and repairing associated magnetic media recording and playback devices. Capturing and documenting new artistic expression. Compiling and maintaining a digital archive and repository to share with the public, researchers and educators [public television, historical societies] and other interested parties. Advocacy, instructing and educating the public about the importance of media arts and cultural preservation.
What it reported doing in 2024
During the fiscal year ending June 30 2025 Minnesota Media Arts MNMA advanced statewide preservation and consulting projects supported in part by the State of Minnesota through the Minnesota Historical Society and the Arts and Cultural Heritage Fund. MNMA completed the second phase of work on the Melisande Charles Media Collection which included preserving additional at risk media, updating metadata, expanding the public finding aid, stabilizing related materials and increasing public digital access through an online Vimeo showcase. MNMA concluded its collection care and pilot digitization contract with Red Lake Nation College by providing staff training digitizing historic film and video and supporting the continued development of their Tribal Archives audiovisual collection. MNMA also initiated planning for a new documentary project on the history of University Community Video and began early research and community engagement. A planning grant for this project was awarded late in the fiscal year with funds to be received and expended in the next fiscal period. MNMA and the Saint Paul Neighborhood Network also received notice of a Heritage Partnership grant to begin in the next fiscal year supporting the development of the Community Media Preservation Strategies and Archiving Workshops program. MNMA provided volunteer-led collection care for the Intermedia Arts Minnesota archives stabilizing and inventorying more than sixty boxes of historic media and records for donation to the Minnesota Historical Society with workspace support provided by the Jerome Foundation. MNMA delivered an AV Media Preservation Basics seminar at the Pavek Museum and participated in statewide preservation and community media events. Fundraising through the GiveMN campaign and individual donations totaled 4,664 dollars. MNMA welcomed new board members, maintained active professional memberships, continued operating from donated remote workspaces and provided pro bono consulting for artists, filmmakers and literary archives. These activities reflect MNMAs mission to preserve, educate and expand access to Minnesota's media arts heritage.
Operating model
- Revenue model
- Donor-supported. 70% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 82
- Sustainability: 56
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.9%; rating input score 58
- Program expense ratio: 61.9%; rating input score 62
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 6.5%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 2.03; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -41.1% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -22% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: 2.1% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 57.9% of revenue deployed · 61.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.