Minnesota Museum Of American Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 569,036 | 459,934 | 109,102 | 40.2 | 36% |
| 2012 | 605,306 | 623,929 | −18,623 | 29.2 | 33% |
| 2013 | 861,507 | 851,625 | 9,882 | 22.7 | 29% |
| 2014 | 2,059,186 | 832,430 | 1,226,756 | 42.7 | 35% |
| 2015 | 2,491,505 | 967,159 | 1,524,346 | 56.2 | 35% |
| 2016 | 3,033,323 | 1,240,960 | 1,792,363 | 61.4 | 39% |
| 2017 | 1,706,734 | 1,469,148 | 237,586 | 54.2 | 46% |
| 2018 | 2,868,752 | 1,586,550 | 1,282,202 | 49.7 | 45% |
| 2019 | 5,242,193 | 3,309,665 | 1,932,528 | 29.5 | 24% |
| 2020 | 3,151,945 | 2,869,780 | 282,165 | 34.8 | 28% |
| 2021 | 2,131,613 | 2,325,326 | −193,713 | 43.2 | 22% |
| 2022 | 1,499,963 | 2,455,675 | −955,712 | 35.6 | 27% |
| 2023 | 5,798,234 | 2,716,180 | 3,082,054 | 46.6 | 35% |
In its most recent public year (2023), this organization brought in $3,082,054 more than it spent. Its reserves stood at about 46.6 months of spending, up from 40.2 in 2011. Staff pay was 35% of spending. $4,525,838 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 Museum Of American Art'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