MINNESOTA STATE COUNCIL ON ECONOMIC EDUCATION Charity Report

Public IRS 990 nonprofit record

MINNESOTA STATE COUNCIL ON ECONOMIC EDUCATION

EIN 41-6040647 · Economics (V22)

What they do

MCEE EQUIPS MINNESOTANS WITH THE ECONOMIC and PERSONAL FINANCIAL KNOWLEDGE and SKILLS to MAKE INFORMED DECISIONS and THRIVE IN OUR COMPLEX WORLD. WE FULFILL OUR MISSION BY TEACHING TEACHERS THROUGH TOP QUALITY PROFESSIONAL DEVELOPMENT and PROVIDING CURRICULUM MATERIALS; BY ENGAGING STUDENTS WITH CHALLENGING PROGRAMS IN ECONOMIC and PERSONAL FINANCE EDUCATION; and BY REACHING COMMUNITIES THROUGH OUR COMMUNITY MENTORSHIP for FINANCIAL CAPABILITY PROGRAM and OTHER PUBLIC OUTREACH ACTIVITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

84.62%of revenue went to mission work81.6% of expenses · Program services

7.54%of revenue went to fundraising7.3% of expenses

$103.64spent for every $100 of revenueSpending was higher than revenue this year.

11.48%of revenue went to management and office costs11.1% of expenses

$4.83in assets for every $1 spent this yearSome assets cannot be spent right away.

75.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $33,695 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $158,375 for JULIE BUNN (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$926,584

Mission workProgram services$784,04584.62% of revenue81.6% of expenses

ManagementOffice and general costs$106,34811.48% of revenue11.1% of expenses

FundraisingAsking for donations$69,8867.54% of revenue7.3% of expenses

Total expenses$960,279103.64% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 81.6% mission · 11.1% management · 7.3% fundraisingTotal expenses: 103.64% of revenue

2023Expense mix: 84.2% mission · 11.2% management · 4.5% fundraisingTotal expenses: 21.86% of revenue

2022Expense mix: 76.8% mission · 13.1% management · 10.1% fundraisingTotal expenses: 92.22% of revenue

2021Expense mix: 80.9% mission · 13.2% management · 5.9% fundraisingTotal expenses: 67.39% of revenue

2020Expense mix: 79.3% mission · 13.5% management · 7.1% fundraisingTotal expenses: 95.20% of revenue

2019Expense mix: 69.0% mission · 16.2% management · 14.9% fundraisingTotal expenses: 106.75% of revenue

2018Expense mix: 68.4% mission · 20.6% management · 11.0% fundraisingTotal expenses: 118.24% of revenue

2017Expense mix: 73.5% mission · 13.2% management · 13.3% fundraisingTotal expenses: 99.66% of revenue

Money in and money out

Revenue$926,584

Expenses$960,279

Annual shortfall $33,695 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$784,045 · 81.6% of expenses

Management and office costs$106,348 · 11.1% of expenses

Fundraising$69,886 · 7.3% of expenses

See all reported dollar amounts

Revenue$926,584

Expenses$960,279

Assets$4,642,509

Income$926,584

Contributions$701,926

Mission work (program services)$784,045

Fundraising$69,886

Grants given$64,800

Average grant$21,600

Management and general$106,348

Executive compensation (total)$156,400

Stocks and bonds$960,356

Accounting fees$29,614

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JULIE BUNNEXECUTIVE DIRECTOR · 40 hrs/week $158,375Base $118,633 · Other $39,742

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

JULIE BUNNEXECUTIVE DIRECTOR

LYNN MACDONALDDIRECTOR

JULIE SWEITZERDIRECTOR

KELLY MCCLELLANDIRECTOR

KEVIN ARIODIRECTOR

KIYRIE ABERNETHYDIRECTOR

KOTCHI PROSPERDIRECTOR

KRISTIN FERGUSONTREASURER & FINANCE CHAIR

KRISTINE WESTDIRECTOR

TRACY YUE WANGDIRECTOR

NANCY LAMBERTSECRETARY & GOVERNANCE CHAIR

PETER HUNTER-HANSONDIRECTOR

STEVE LEARDIRECTOR

TERRANCE HURLEYDIRECTOR

TIMOTHY DEVANEYDIRECTOR

TODD SCHNELLDIRECTOR

AMY KAMENICKDIRECTOR

JUDY MARESDIRECTOR

JONAH BARSTADDIRECTOR

JOHNATHAN GASTDIRECTOR

JOEL COLEMANDIRECTOR

JENNIFER MCGARRYDIRECTOR

JEANNA FIFERDIRECTOR

JASON KLEYDIRECTOR

EMANUEL EKSTROMSTRATEGIC PLANNING CHAIR

ELBA GUILLE GARZADIRECTOR

CHELLE GONZODIRECTOR

BRIAN MUENCHDIRECTOR

BRADLEY HUTTERBOARD CHAIR

BILL SCHWIETZDIRECTOR

APRIL CHUNGDIRECTOR

ANDREW MAASDEVELOPMENT CHAIR

About this charity

Recognized since: January 1964
Location: 116 RUTTAN HALL 1994 BUFORD AVE, ST PAUL, MN 55108-0000
County: Ramsey
In care of: JULIE BUNN
Primary officer: JULIE BUNN, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailmcee@umn.eduFacebook Phone(612) 625-3727

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: OLSEN THIELEN & CO LTD
NTEE classification: Economics (V22)
IRS tax category: Economics
Grant-giving organization: Yes