Minnesota Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 57,021,463 | 56,196,721 | 824,742 | 32.5 | 34% |
| 2012 | 55,794,732 | 51,051,638 | 4,743,094 | 36.1 | 35% |
| 2013 | 54,738,420 | 54,178,561 | 559,859 | 34.8 | 35% |
| 2014 | 84,301,951 | 55,268,349 | 29,033,602 | 41.1 | 36% |
| 2015 | 63,574,056 | 56,525,343 | 7,048,713 | 40.8 | 37% |
| 2016 | 59,351,929 | 57,205,389 | 2,146,540 | 40.5 | 37% |
| 2017 | 76,321,065 | 60,451,270 | 15,869,795 | 43.2 | 37% |
| 2018 | 94,047,659 | 58,975,026 | 35,072,633 | 50.3 | 37% |
| 2019 | 59,540,312 | 58,025,895 | 1,514,417 | 52.4 | 38% |
| 2020 | 58,257,393 | 56,385,651 | 1,871,742 | 54.2 | 37% |
| 2021 | 62,868,869 | 48,824,377 | 14,044,492 | 71.2 | 35% |
| 2022 | 63,620,828 | 55,381,723 | 8,239,105 | 58.2 | 35% |
| 2023 | 91,494,356 | 65,750,419 | 25,743,937 | 55.3 | 34% |
In its most recent public year (2023), this organization brought in $25,743,937 more than it spent. Its reserves stood at about 55.3 months of spending, up from 32.5 in 2011. Staff pay was 34% of spending. $162,063,906 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 Historical Society'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