Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $7,326,177

• 1f · All other contributions, gifts and grants

  $25,541,861

• 1g · Noncash contributions included above

  $7,383,614

• 3 · Investment income

  total $4,496,992 · unrelated business -$5,589 · excluded $4,502,581

• 7a · Gross sales of assets other than inventory

  securities $26,169,869

• 7b · Less cost or other basis and sales expenses

  securities $19,565,465

• 7c · Gain or loss

  securities $6,604,404

• 7d · Net gain or loss

  total $6,604,404 · excluded $6,604,404

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $525,433 · excluded $525,433

• 11b · Other revenue: ADMINISTRATIVE FEE INCOME

  total $380,743 · excluded $380,743

• 11c · Other revenue: REGISTRATION FEES

  total $163,234 · excluded $163,234

• 11d · All other revenue

  total $90,324 · excluded $90,324

• 11e · Other revenue, total

  $1,159,734

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $16,542,110 · program services $16,542,110

• 2 · Grants to domestic individuals

  total $430,207 · program services $430,207

• 3 · Grants to foreign organizations and individuals

  total $2,889,838 · program services $2,889,838

• 5 · Compensation of officers, directors and key employees

  total $1,055,124 · program services $377,848 · management and general $166,098 · fundraising $511,178

• 7 · Other salaries and wages

  total $2,825,267 · program services $1,018,932 · management and general $454,544 · fundraising $1,351,791

• 8 · Pension plan contributions

  total $42,719 · program services $15,406 · management and general $6,872 · fundraising $20,441

• 9 · Other employee benefits

  total $148,803 · program services $53,703 · management and general $23,992 · fundraising $71,108

• 10 · Payroll taxes

  total $281,727 · program services $101,422 · management and general $45,076 · fundraising $135,229

• 11a · Fees: management

  total $91,592 · management and general $91,592

• 11b · Fees: legal

  total $45,897 · program services $22,862 · management and general $12,148 · fundraising $10,887

• 11c · Fees: accounting

  total $41,093 · management and general $41,093

• 11d · Fees: lobbying

  total $101,427 · program services $101,427

• 11f · Fees: investment management

  total $381,332 · management and general $381,332

• 11g · Fees: other

  total $389,204 · program services $389,204

• 12 · Advertising and promotion

  total $145,683 · program services $9,061 · management and general $72,051 · fundraising $64,571

• 13 · Office expenses

  total $99,425 · program services $8,186 · management and general $25,804 · fundraising $65,435

• 16 · Occupancy

  total $121,560 · management and general $121,560

• 17 · Travel

  total $210,173 · program services $210,173

• 19 · Conferences, conventions and meetings

  total $518,050 · program services $242,980 · management and general $37,941 · fundraising $237,129

• 22 · Depreciation, depletion and amortization

  total $67,914 · management and general $67,914

• 23 · Insurance

  total $73,200 · program services $36,463 · management and general $19,374 · fundraising $17,363

• 24a · Other expenses: PROGRAM EXPENSES

  total $252,626 · program services $252,626

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $103,949 · program services $103,949

• 24c · Other expenses: BAD DEBT

  total -$16,855 · management and general -$16,855

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $18,042,802 · end of year $3,826,157

• 2 · Savings and temporary cash investments

  end of year $2,365,676

• 3 · Pledges and grants receivable

  beginning of year $4,809,375 · end of year $6,801,944

• 4 · Accounts receivable

  beginning of year $559,433 · end of year $709,231

• 5 · Loans and receivables from officers and key people

  beginning of year $186,600 · end of year $155,768

• 9 · Prepaid expenses and deferred charges

  beginning of year $131,337 · end of year $257,836

• 10a · Land, buildings and equipment: cost or other basis

  $1,152,210

• 10b · Land, buildings and equipment: accumulated depreciation

  $350,407

• 10c · Land, buildings and equipment, net

  beginning of year $869,718 · end of year $801,803

• 11 · Investments: publicly traded securities

  beginning of year $129,252,515 · end of year $168,175,195

• 12 · Investments: other securities

  beginning of year $28,565,586 · end of year $46,156,745

• 13 · Investments: program-related

  beginning of year $20,480

• 15 · Other assets

  beginning of year $14,282,286 · end of year $14,384,010

• 17 · Accounts payable and accrued expenses

  beginning of year $753,550 · end of year $720,384

• 18 · Grants payable

  beginning of year $14,801,833 · end of year $9,441,453

• 19 · Deferred revenue

  beginning of year $111,266 · end of year $22,815

• 21 · Escrow or custodial account liability

  beginning of year $39,895,002 · end of year $70,724,547

• 25 · Other liabilities

  beginning of year $2,910,439 · end of year $3,211,811

• 27 · Net assets without donor restrictions

  beginning of year $119,713,775 · end of year $142,122,177

• 28 · Net assets with donor restrictions

  beginning of year $18,534,267 · end of year $17,391,178

The filer's explanations (Part III)

PART I, LINE 7

THE CEO'S BONUS IS BASED ON THE DISCRETION OF THE COMPENSATION COMMITTEE AND ALL OTHER STAFF'S BONUSES ARE BASED ON THE DISCRETION OF THE CEO.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• MJF FISCAL SPONSOR LLC

  FISCAL SPONSOR FOR COMMUNITY PROJECTS AND INITIATIVES · MN · income $973,388 · assets $616,665

  Directly controlled by MINNEAPOLIS JEWISH FEDERATION

• AP DOWNTOWN LLC

  HOLDING AND SELLING REAL ESTATE DONATIONS · MN · income $0 · assets $0

  Directly controlled by MINNEAPOLIS JEWISH FEDERATION

• MINNESOTA JEWISH COMMUNITY FOUNDATION LLC

  FUNDRAISING AND INVESTING FOR THE BENEFIT OF MJF AND COMMUNITY FOUNDATION · MN · income $35,520,323 · assets $217,842,132

  Directly controlled by MINNEAPOLIS JEWISH FEDERATION

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER TRUSTS (6)

  T · INVESTMENT · MN · controlled entity