Minneapolis Society Of Fine Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 44,308,330 | 35,640,073 | 8,668,257 | 93.0 | 36% |
| 2012 | 33,422,323 | 32,888,786 | 533,537 | 98.9 | 41% |
| 2013 | 38,613,628 | 39,669,187 | −1,055,559 | 85.8 | 34% |
| 2014 | 50,518,978 | 35,913,392 | 14,605,586 | 105.1 | 40% |
| 2015 | 58,090,964 | 42,814,209 | 15,276,755 | 90.9 | 36% |
| 2016 | 36,586,649 | 39,178,897 | −2,592,248 | 94.4 | 40% |
| 2017 | 34,931,952 | 41,681,111 | −6,749,159 | 93.0 | 40% |
| 2018 | 45,502,235 | 42,967,238 | 2,534,997 | 91.6 | 40% |
| 2019 | 48,941,326 | 49,193,754 | −252,428 | 77.8 | 36% |
| 2020 | 33,387,796 | 40,407,912 | −7,020,116 | 94.0 | 48% |
| 2021 | 52,759,804 | 43,096,323 | 9,663,481 | 106.8 | 35% |
| 2022 | 54,407,955 | 42,039,033 | 12,368,922 | 98.6 | 34% |
| 2023 | 63,903,670 | 50,782,025 | 13,121,645 | 89.6 | 33% |
In its most recent public year (2023), this organization brought in $13,121,645 more than it spent. Its reserves stood at about 89.6 months of spending, down from 93 in 2011. Staff pay was 33% of spending. $280,098,570 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
Minneapolis Society Of Fine Arts'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