Minnesota Discovery Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,684,954 | 1,460,473 | 224,481 | 78.6 | 42% |
| 2012 | 1,832,607 | 1,611,145 | 221,462 | 69.9 | 41% |
| 2013 | 1,872,002 | 1,765,944 | 106,058 | 68.7 | 43% |
| 2014 | 1,891,117 | 1,752,236 | 138,881 | 76.7 | 44% |
| 2015 | 1,897,314 | 1,741,529 | 155,785 | 77.2 | 45% |
| 2016 | 2,082,181 | 1,806,833 | 275,348 | 72.2 | 48% |
| 2017 | 2,081,366 | 1,884,707 | 196,659 | 75.3 | 50% |
| 2018 | 2,240,970 | 2,052,059 | 188,911 | 71.7 | 50% |
| 2019 | 2,169,171 | 2,077,632 | 91,539 | 71.0 | 50% |
| 2020 | 2,216,880 | 2,237,807 | −20,927 | 62.1 | 51% |
| 2021 | 2,716,934 | 2,327,240 | 389,694 | 72.8 | 45% |
| 2022 | 2,992,585 | 2,591,549 | 401,036 | 63.6 | 48% |
| 2023 | 2,868,636 | 3,114,338 | −245,702 | 52.0 | 52% |
In its most recent public year (2023), this organization spent $245,702 more than it brought in. Its reserves stood at about 52 months of spending, down from 78.6 in 2011. Staff pay was 52% of spending. $10,123,466 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Minnesota Discovery Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works