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Exhibit 23.1
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the incorporation by reference in the Registration Statement (Form S-8 No. 333-124783) pertaining to the 1999 Incentive Stock Option Plan and 2004 Stock Incentive Plan of Morningstar, Inc. of our reports dated March 5, 2008, with respect to the consolidated financial statements and schedule of Morningstar, Inc., and the effectiveness of internal control over financial reporting of Morningstar, Inc., included in this Annual Report (Form 10-K) for the year ended December 31, 2007.
/s/ Ernst & Young LLP |
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Ernst & Young LLP |
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Chicago, Illinois |
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March 5, 2008 |
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