Literacy Minnesota

Education organization based in St Paul, MN. 83 employees. Exempt under §501(c)(3).

MissionLITERACY MINNESOTA IS A NONPROFIT CORPORATION DEDICATED TO SHARING THE POWER OF LEARNING THROUGH EDUCATION, COMMUNITY BUILDING AND ADVOCACY. AS A LEADING PARTNER IN THE LITERACY FIELD, WE ARE BUILDING A LOCAL, REGIONAL AND NATIONAL MOVEMENT TO PUT LIFE-CHANGING LEARNING WITHIN

Financial snapshot · TY 2021

$6.0M
Total revenue
$5.6M
Total expenses
$3.6M
Net assets

Financial health · TY 2022

54
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
23
4.2 months of expenses
Program efficiency
66
76.3% spent on programs
Revenue diversity
93
Mix of program fees, grants & contributions

Leadership compensation

Eric Nesheim
EXECUTIVE DIRECTOR (PART YEAR)
$141,463
40th percentile vs. peers

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Literacy Minnesota Executive Compensation | 990 Data | DoubleNine