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FRIENDS OF GLOBAL MARKET INC

EIN 83-2642593 MINNEAPOLIS, MN

Largest nonprofits in Minnesota

Revenue 2025
$646,641
Expenses 2025
$441,052

Program services were 87.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S30
Classification
1000
Street
920 E LAKE ST STE G10

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

TO SUPPORT THE MIDTOWN GLOBAL MARKET AS A VITAL COMMUNITY RESOURCE THAT SUPPORTS SMALL BUSINESS, CULTURAL DIVERSITY, AND FREE/LOW-COST PROGRAMMING.

  • MIDTOWN GLOBAL MARKET HAS OVER 32 LOCALLY-OWNED BUSINESSES, AND HAS GAINED NATIONAL ATTENTION AS A VIBRANT, CULTURAL MARKET WHERE COMMUNITIES GATHER IN MINNEAPOLIS, MINNESOTA. MIDTOWN GLOBAL MARKET IS A SPACE WHERE ENTREPRENEURS CAN BRING THEIR BUSINESS DREAMS INTO A REALITY.SINCE THE MARKET HAS A COMMUNITY DEVELOPMENT MISSION AND IS NOT IN EXISTENCE TO MAKE A PROFIT, ONE OF THE PRIMARY PARTS OF OUR MISSION IS TO TRAIN AND SUPPORT THE ENTREPRENEURS AND SMALL BUSINESSES INSIDE THE MARKET IN MANY DIFFERENT WAYS, AT NO COST TO THEM.FRIENDS OF GLOBAL MARKET SUPPORTS THE MISSION OF MIDTOWN GLOBAL MARKET BY BUILDING THE "FRIENDS" TO THE MARKET AND HELPING KEEP THE MARKET A PLACE OF RESOURCE FOR OUR SMALL BUSINESS OWNERS AND THE COMMUNITY. WE WILL HELP BUILD THE LEGACY OF THE MIDTOWN GLOBAL MARKET.

    Expenses $384,302 · Grants $166,187 · Revenue $147,810

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Daniel Fehrenkamp

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Anthony Taylor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Alexis McKinnis

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Johnny Balmer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Yusra Mohamud

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Destinee Shelby

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $646,641
    Expenses
    $441,052
    Contributions
    $586,753
    Grants paid
    $166,187
  • 2024
    Revenue
    $223,712
    Expenses
    $382,676
    Contributions
    $213,602
    Grants paid
    $116,011
  • 2023
    Revenue
    $269,674
    Expenses
    $592,377
    Contributions
    $260,572
    Grants paid
    $340,511
  • 2022
    Revenue
    $649,074
    Expenses
    $644,396
    Contributions
    $646,347
    Grants paid
    $537,374

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $571,802
    Expenses
    $799,407
    Assets (EOY)
    $252,154

  • 2020 · 990

    Revenue
    $961,963
    Expenses
    $477,379
    Assets (EOY)
    $497,763

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2019

Tax period
1 January 2019 to 31 December 2019
Principal officer
Atum Azzahir
Mailing address
920 East Lake Street Suite G10Minneapolis MN 55407
Website
www.friendsofglobalmarket.org

As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

  • MIDTOWN GLOBAL MARKET LLC

    $537,374

    2022 OPERATING SUBSIDY

  • MIDTOWN GLOBAL MARKET LLC

    $340,511

    2023 OPERATING SUBSIDY

  • MIDTOWN GLOBAL MARKET LLC

    $166,187

    2025 OPERATING SUBSIDY

  • MIDTOWN GLOBAL MARKET LLC

    $116,011

    2024 OPERATING SUBSIDY

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.