Mill City Farmers Market Charitable Fund
- Assets
- $175.8k
- Revenue
- $268.0k
- Investments
- $0.0
- Employees
- 16
- Location
- Minneapolis, MN
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 81-4420781
Organization Overview
Mill City Farmers Market Charitable Fund is located in Minneapolis, MN. The organization was established in 2017. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Mill City Farmers Market Charitable Fund employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mill City Farmers Market Charitable Fund 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 12/2023, Mill City Farmers Market Charitable Fund generated $268.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $257.5k during the year ending 12/2023. While expenses have increased by 5.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE A HEALTHIER COMMUNITY THROUGH PARTNERSHIPS, EDUCATION, AND HELPING ORGANIC FOOD PRODUCERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEXT STAGE GRANT PROGRAM. PROVIDE GRANTS TO LOCAL FARMERS AND FOOD MAKERS WHO SUSTAIN A HEALTHY, LOCAL FOOD SYSTEM.
GREENS FOR GOOD: PROMOTE ACCESS TO LOCAL, ORGANIC FOOD IN UNDER-RESOURCED COMMUNITIES. DONATE MORE THAN 16,000 POUNDS OF PRODUCE FROM MARKET VENDORS TO NEIGHBORS IN CEDAR RIVERSIDE AND RESIDENCES AND SHELTERS SERVING ELDERLY AND YOUTH.
EDUCATIONAL AND FOOD ACCESS PROGRAMMING TO INCLUDE: MILL CITY COOKS, EDUCATIONAL AND EXPERIENTIAL PROGRAMMING ABOUT REGENERATIVE FARMING, HEALTHY EATING, AND WELLNESS.WITH OUR PARTNERSHIPS IN THE LOCAL, ORGANIC FOOD COMMUNITY AND THE MILL CITY FARMERS MARKET, WE ARE UNIQUELY SITUATED TO DELIVER "CAN DO" EDUCATION EXPERIENCES. OUR WORK INSPIRES CHILDREN AND ADULTS TO MAKE INFORMED CHOICES AND INVEST IN FOOD THAT HELPS PREVENT AND REDUCE CHRONIC CONDITIONS LIKE DIABETES, CANCER AND HEART DISEASE. PRODUCED CHEF-LED MILL CITY COOKS COOKING CLASS VIDEO SERIES HIGHLIGHTING LOCALLY GROWN PRODUCE AND HEALTHY RECIPES. WEEKLY ARTICLES AND SOCIAL MEDIA POSTS FOCUSED ON SUSTAINABLE FARMING, COMPOSTING AND RECYCLING, & OTHER CURRENT HEALTH & WELLNESS TOPICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Paul Chair | OfficerTrustee | 0.25 | $0 |
George Jonas Treasurer | OfficerTrustee | 0.25 | $0 |
Nettie Colon Director | Trustee | 0.25 | $0 |
Stayci Bell Director | Trustee | 0.25 | $0 |
Joe Dicker Director | Trustee | 0.25 | $0 |
Christina Lee Ironside Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $40,615 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $196,077 |
| Noncash contributions included in lines 1a–1f | $18,115 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $236,692 |
| Total Program Service Revenue | $0 |
| Investment income | $81 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $31,260 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $268,033 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $84,527 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,332 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,360 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,329 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,357 |
| Advertising and promotion | $115 |
| Office expenses | $3,587 |
| Information technology | $4,388 |
| Royalties | $0 |
| Occupancy | $4,500 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $964 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $25 |
| All other expenses | $17,064 |
| Total functional expenses | $257,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,856 |
| Savings and temporary cash investments | $43,953 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,000 |
| 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 | $175,809 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $7,072 |
| 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 | $36,050 |
| Total liabilities | $43,122 |
| Net assets without donor restrictions | $88,734 |
| Net assets with donor restrictions | $43,953 |
| 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 | $175,809 |