Missouri Technology Corporation
Missouri Technology Corporation reported $11.2 million in revenue and $22.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $77.20 went to program services, $22.80 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 85.0% of the total. Government grants made up 85.0%. The highest compensation it reported for one person was $184,595 (EXECUTIVE DIRECTOR). 1 person received more than $100,000 in reportable compensation. Revenue rose 758% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $23MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 77.2% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 22.8% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 85.0% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 85.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $184,595 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.81% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 1 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 50.8 | 6.8 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe Missouri Technology investment program funds are used to support mtc's operations and its programmatic activities, which are focused on ecosystem building and a state-sponsored venture capital program. Through these programs, mtc provides competitive-based grant funding to organizations offering resources and training to entrepreneurs to enhance the state's entrepreneurial capacity and makes direct equity-based investments in promising early-stage startups through the innovation, development, and entrepreneurial advancement (idea) fund. The funds also support mtc's sponsorship program…
The state small business credit initiative (ssbci 2.0) is a program administered by the U.S. Department of treasury to support state programs to increase the amount of private capital available to small businesses and to cover reasonable administrative expenses. Mtc uses the ssbci program funds to support its innovation, development, and entrepreneurial advancement (idea) fund co-investment program that makes direct investments into missouri-based technology startups to support technology and business development in the state
The state small business credit initiative (ssbci) is a program administered by the U.S. Department of treasury to support state programs to increase the amount of private capital made available to small businesses and to cover reasonable administrative expenses. Mtc uses the ssbci program funds to support its innovation, development, and entrepreneurial advancement (idea) fund co-investment program which that makes direct investments into missouri-based technology startups to support technology and business development in the state
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Director/trustee, officer, 40.00 hrs/week | $167,208 | $0 | $17,387 | $184,595 |
1 people received more than $100,000 in reportable compensation from Missouri Technology Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $196K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 59
- Volunteers Part I, line 613
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ANDERS MINKLER HUBER & HELM Accounting fees - audit | $121,000 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Missouri Technology Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Missouri Technology Corporation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Missouri Technology Corporation spent in FY2025, $77.20 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Missouri Technology Corporation's spending goes to programs?
In the fiscal year ending June 30, 2025, Missouri Technology Corporation reported that 77.2% of its $22.7 million in expenses went to program services, 22.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Missouri Technology Corporation pay its top executive?
The largest total compensation Missouri Technology Corporation reported for one person in the fiscal year ending June 30, 2025 was $184,595, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Missouri Technology Corporation get its money?
Of $11.2 million in revenue in the fiscal year ending June 30, 2025, 85.0% came from contributions and grants (including 85.0% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Missouri Technology Corporation a registered charity?
The IRS lists EIN 43-1341372 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202503149349305725 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202413179349302241 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323049349300107 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202203019349300415 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103149349302575 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202013049349301596 · read the filing
All filings for EIN 43-1341372: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.