Minnesota Intercollegiate Athletic Conference
- Assets
- $290.5k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Bloomington, MN
- Founding
- 09/1999
- Data as of
- 05/2022
- EIN
- 41-1948125
Organization Overview
Minnesota Intercollegiate Athletic Conference is located in Bloomington, MN. The organization was established in 1999. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 05/2022, Minnesota Intercollegiate Athletic Conference employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Intercollegiate Athletic Conference 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 05/2022, Minnesota Intercollegiate Athletic Conference generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $1.1m during the year ending 05/2022. While expenses have increased by 2.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MIAC STRIVES TO GUIDE, GOVERN, AND SUPPORT FAIR AND EQUITABLE ATHLETIC COMPETITION AND PROMOTE STUDENT-ATHLETE WELL-BEING AMONG ITS MEMBERS. THE MIAC RECOGNIZES AND CELEBRATES THE IMPORTANT CONTRIBUTION COMPETITIVE ATHLETICS CAN MAKE TO THE QUALITY OF AN EDUCATION EXPERIENCED IN A CONTEXT IN WHICH THE ACADEMIC PROGRAM IS PARAMOUNT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MIAC SERVED 13 MEMBER INSTITUTIONS BY PROVIDING SCHEDULING, OFFICIATING, POST-SEASON OPPORTUNITIES AND EDUCATIONAL INITIATIVES. PROMOTED MEMBERS (INCLUDING COACHES AND STUDENT-ATHLETES) OF OUR 22 CHAMPIONSHIPS SPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel P Mckane Commissioner | Officer | 65 | $110,272 |
James Burns Chair | OfficerTrustee | 1 | $0 |
Suzanne Rivera Vice Chair | OfficerTrustee | 1 | $0 |
David Anderson Director | Trustee | 1 | $0 |
Fayneese Miller Director | Trustee | 1 | $0 |
James Mullen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,263 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,263 |
| Total Program Service Revenue | $988,016 |
| Investment income | $35 |
| 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 | $1,169,400 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $124,194 |
| Compensation of current officers, directors, key employees. | $23,597 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,647 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,846 |
| Payroll taxes | $14,021 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $20,422 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $31,856 |
| Royalties | $0 |
| Occupancy | $11,000 |
| Travel | $31,815 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,825 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $886 |
| Insurance | $10,654 |
| All other expenses | $16,270 |
| Total functional expenses | $1,124,498 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,800 |
| Savings and temporary cash investments | $80,475 |
| Pledges and grants receivable | $47,320 |
| Accounts receivable, net | $18,433 |
| 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 | $1,427 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $290,455 |
| Accounts payable and accrued expenses | $23,664 |
| 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 | $23,664 |
| Net assets without donor restrictions | $219,471 |
| Net assets with donor restrictions | $47,320 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $290,455 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Minnesota Intercollegiate Athletic Conference has recieved totaling $118,230.
| Awarding Organization | Amount |
|---|---|
National Collegiate Athletic Association Indianapolis, IN PURPOSE: Scholarships/Grants | $118,230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Club Of Milwaukee Milwaukee, WI | $10,081,224 | $7,416,108 |
Public Health Law Center Inc St Paul, MN | $2,005,877 | $4,622,958 |
Chapel Hill Academy Inc Chanhassen, MN | $7,972,164 | $5,146,130 |
International Experience A Non- Profit Corporation Northfield, MN | $3,315,141 | $2,530,227 |
Maggie Applauds Great Goals In Education Inc Wayzata, MN | $26,327,381 | $2,188,614 |
Madison Community Cooperative Madison, WI | $4,314,477 | $1,420,997 |
Minnesota State College Student Association Inc W Saint Paul, MN | $1,729,546 | $828,239 |
Minnesota Intercollegiate Athletic Conference Bloomington, MN | $290,455 | $1,169,400 |
Bolder Options Minneapolis, MN | $1,671,157 | $1,108,504 |
Athletes Committed To Educating Students Minneapolis, MN | $1,071,272 | $1,427,462 |
Einstein Project Inc Green Bay, WI | $2,102,459 | $802,083 |
The Minnesota Daily Minneapolis, MN | $1,094,775 | $1,318,573 |