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Minne

EIN 27-3903127 · Minneapolis, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong95 out of 100GovernanceGood88 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

MINNESTAR BRINGS TOGETHER THE MINNESOTA TECHNOLOGY COMMUNITY, PROMOTING CONNECTIONS AND HELPING THE TECHNOLOGY COMMUNITY LEARN FROM EACH OTHER. WE EXIST TO BUILD, NURTURE, AND ENGAGE THOSE INTERESTED IN TECHNOLOGY THROUGH MEANINGFUL CONNECTION.

Income
$166,266
Spending
$135,829
Spent on programs
78%
Reserves
24.5 months of spending
Largest source of income
donations and private grants, 96%
Employees
1
Volunteers
135
Highest pay
$24,038, executive director thru feb 2024

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 95 out of 100. Higher than 80% of charities in its peer group (education, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 24.5 months of spending.

  • Debt

    20 of 20

    It owes 13% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 18% of income.

  • Income trend

    10 of 15

    Income fell 9% on the year before.

  • Spending floor

    15 of 15

    78% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 88 out of 100. Higher than 83% of charities in its peer group (education, under $250k).

  • Independent board

    25 of 25

    16 of 16 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $105,788 spent. MINNESTAR HELPS TO INFUSE MINNESOTA WITH A THRIVING TECHNOLOGY ENVIRONMENT. MINNESTAR BRINGS TOGETHER THE MINNESOTA TECHNOLOGY COMMUNITY, PROMOTING CONNECTIONS AND HELPING THE TECHNOLOGY COMMUNITY LEARN FROM EACH OTHER. WE EXIST TO BUILD, NURTURE, AND ENGAGE THOSE INTERESTED IN TECHNOLOGY THROUGH MEANINGFUL CONNECTION.IN 2024, WE CONTINUED WITH BOTH VIRTUAL AND IN-PERSON EVENTS FOR THE COMMUNITY, AS THE ORGANIZATION CONTINUED TO INNOVATE AMIDST THE CHANGING LANDSCAPE.WE HELD SEVERAL EVENTS, INCLUDING ONE (1) LARGE DAY-LONG CONFERENCE, ONE (1) TECHNOLOGY DEMO EVENT, ONE (1) CAREER FAIR, AND ONE (1) LARGE NETWORKING EVENT. WE ALSO HOST EXPERT VIRTUAL EVENTS AND OTHER SMALLER EVENTS CONVENING THE COMMUNITY AROUND MUTUAL INTERESTS.OUR EVENTS REMAIN THE GO-TO EVENTS SHOWCASING TECHNOLOGY AND INNOVATION IN OUR COMMUNITY. WE HAD 4,028 PEOPLE REGISTER FOR OUR EVENTS IN 2024. OUR EVENTS ARE ATTENDED BY INDIVIDUALS OF ALL AREAS OF THE TECH ECOSYSTEM, FROM DEVELOPERS TO ENTREPRENEURS, VC INVESTORS TO STUDENTS. WE AIM TO PROVIDE A HIGH QUALITY PLATFORM TO SHOWCASE INNOVATION IN OUR TECH COMMUNITY, WHILE BRINGING PEOPLE TOGETHER TO CATALYZE, GROW AND SUPPORT A THRIVING TECH COMMUNITY FOR ALL.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2010.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

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