Minnesota Workers Compensation Symposium

Analysis

Minnesota Workers Compensation Symposium is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Minnesota Workers Compensation Symposium reported income of $117k and spending of $73k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $117k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 250824%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Minnesota Workers Compensation Symposium sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Making a Change CDC and Housing Services ($117k), Shoals Area Chamber Foundation Inc ($117k) and Institute of Transportation Engineers North Carolina Section ($117k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $69k against liabilities of $23k, net assets of $46k.