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nonprofit · EIN 41-0713907 · MN

How much does MINNESOTA HISTORICAL SOCIETY raise and spend?

MINNESOTA HISTORICAL SOCIETY (MN, EIN 41-0713907) reported $91.5M in revenue and $65.8M in expenses for tax year 2023, with $303.0M in net assets (55.3 months of reserves). By expenses that ranks 6,254 of 539,974 e-filers, 82 of 36,190 in NTEE A: Arts, Culture & Humanities, 135 of 12,489 nonprofits in minnesota.

REVENUE: $91.5MEXPENSES: $65.8MRESERVES: 55.3 months6 filings

Cite: FACTANKER, https://factanker.com/nonprofit/410713907-minnesota-historical-society

What stands out

MINNESOTA HISTORICAL SOCIETY (MN, EIN 41-0713907) reported $91.5M in revenue and $65.8M in expenses for tax year 2023, with $303.0M in net assets (55.3 months of reserves). By expenses that ranks 6,254 of 539,974 e-filers, 82 of 36,190 in NTEE A: Arts, Culture & Humanities, 135 of 12,489 nonprofits in minnesota. Against NTEE A: Arts, Culture & Humanities: months of reserves 55.3 months, above the peer median of 13.1 months; officer compensation share of expenses 1.1%, below the peer median of 9.2%; contributions share of revenue 84.5%, above the peer median of 65.0%; surplus margin 28.1%, above the peer median of 3.3%.

Key figures, tax year 2023

As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.

Measure2023Median, activityMedian, sizeMedian, all
Total revenue$91.5M$158.2k$21.6M$194.7k
Total expenses$65.8M$143.9k$20.9M$178.5k
Total assets$312.6M$616.5k$29.9M$775.3k
Net assets$303.0M$569.4k$17.0M$622.5k
Officer compensation (total per organisation)$691.6k$90.6k$609.0k$113.0k
Program service revenue share8.9%21.7%74.7%13.8%
Contributions share of revenue84.5%65.0%13.8%57.5%
Officer compensation share of expenses1.1%9.2%2.5%6.5%
Months of reserves55.3 months13.1 months9.0 months12.6 months
Surplus margin28.1%3.3%1.8%3.9%

Year by year

6 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2023$91.5M$65.8M$303.0M55.3 months$691.6k6,254
2022$63.6M$55.4M$268.5M58.2 months$686.2k6,612
2021$62.9M$48.8M$289.6M71.2 months$820.1k4,705
2020$58.3M$56.4M$254.6M54.2 months$460.7k5,904
2019$59.5M$58.0M$253.3M52.4 months$849.7k5,552
2018$94.0M$59.0M$247.0M50.3 months$760.0k5,017

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