Metropolitan Open School
- Assets
- $308.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 05/1974
- Data as of
- 07/2023
- EIN
- 41-0987059
Organization Overview
Metropolitan Open School is located in Minneapolis, MN. The organization was established in 1974. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Open School 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 07/2023, Metropolitan Open School generated $69.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $48.1k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Carp President | 50 | $13,008 | |
David Geslin Treasurer | 1 | $0 | |
Sarah Mcphereson Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,846 |
| Total Program Service Revenue | $44,707 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,388 |
| Other Revenue | $0 |
| Total Revenue | $69,941 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,149 |
| Professional fees and other payments to independent contractors | $3,183 |
| Occupancy, rent, utilities, and maintenance | $14,160 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,588 |
| Total expenses | $48,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,153 |
| Other assets | $0 |
| Total assets | $308,153 |
| Total liabilities | $223,154 |
| Net assets or fund balances | $84,999 |