Minnesota Free Market Institute in Wayzata, Minnesota (MN)

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Minnesota Free Market Institute
Employer Identification Number (EIN)411940550
Name of OrganizationMinnesota Free Market Institute
In Care of NameDave Franze
Address17900 Shavers Lake Dr, Wayzata, MN 55391-3333
SubsectionEducational Organization
Ruling Date08/1999
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Tax Period12/2011
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$44,561
Amount of Income$144,852
Form 990 Revenue Amount$144,852
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Research Institutes and/or Public Policy Analysis


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Amount of income in 2011: $144,852 (it was $204,721 in 2010)
Minnesota Free Market Institute: 

 $144,852
Other organizations performing similar types of work: 

 $332,816

Assets in 2011: $44,561 (it was $58,646 in 2010)
This organization: 

 $44,561
Other organizations performing similar types of work: 

 $263,610

Expenses in 2011: $158,937
Minnesota Free Market Institute: 

 $158,937
Other organizations performing similar types of work: 

 $334,608

Income to expenses ratio in 2011: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2011: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 52.3%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$144,852
Contributions, gifts, grants, and similar amounts received$144,852
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$158,937
Total net assets$44,561
Deficit for the year$-14,085
Net assets or fund balances at beginning of year$58,646
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$44,561
Total liabilities$0
Net assets or fund balances$44,561
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$1,236,302
Gifts, grants, contributions, and membership fees received$1,236,302
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Alliance For College - Ready Public Schools601 S Figueroa St Fl 4, Los Angeles, CA 90017-3917CA2001-01$24,535,609
2Education Reform Now Inc928 Broadway, New York, NY 10010-6008NY2006-01$7,463,664
3Institute For Americas Future Inc1825 K St Nw Ste 400, Washington, DC 20006-1254DC1996-04$3,506,133
4Accord Institute Of Educationresearch13950 Milton Ave Ste 200 # A, Westminster, CA 92683-2939CA2008-06$2,528,180
5Vdare Foundation447 South St, Litchfield, CT 06759-4025CT2001-05$1,877,761
6New Jersey Charter Public Schools Association A New Jersey Non-Profi1 Aaa Dr Ste 201, Hamilton, NJ 08691-1811NJ2000-02$1,306,805
7La Escuelita Inc302 West 91st Street, New York, NY 10024-1011NY2003-09$1,003,897
8Kansas Policy Institute250 N Water St Ste 300, Wichita, KS 67202-1216KS1969-11$912,139
9Collaboration For Early Childhood Care And EducationOak Park Village Hall 123 Madison S, Oak Park, IL 60302IL2003-09$782,551
10Center For Science Teaching & Learning Inc, Dr Rayann Havasy1 Tanglewood Rd, Rockville Ctr, NY 11570-3524NY2001-07$612,889
11Great Lakes Center For Education Research And PracticePO BOX 1263, East Lansing, MI 48826-1263MI2000-12$365,113
12Mc Squared Inc2905 North St, Montpelier, VT 05602-9425VT2001-08$332,816
13Great Education Colorado Fund1000 East 15th Ave 018, Denver, CO 80202-2345CO2005-06$332,576
14Minnesota Free Market Institute17900 Shavers Lake Dr, Wayzata, MN 55391-3333MN1999-08$144,852
15Frank M Bass Institute5200 Keller Springs Rd Apt 531, Dallas, TX 75248TX2005-10$10,000
16Morris J And Phyllis Cohen Foundation Inc6440 Se Harbor Cir, Stuart, FL 34996-1958FL2001-09$224
17Great Plains Public Policy InstitutePo Box 88138, Sioux Falls, SD 57109SD1999-07$0
Number of organizations performing similar types of work
Arizona2
California6
Colorado4
Connecticut1
District of Columbia3
Florida3
Georgia1
Illinois1
Indiana2
Kansas3
Massachusetts1
Maryland3
Michigan4
Minnesota1
North Carolina1
New Hampshire1
New Jersey1
New York5
Ohio3
Pennsylvania1
South Dakota1
Texas1
Utah1
Vermont1
Wisconsin3
Total54

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