Minneapolis Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 78,642,700 | 53,384,773 | 25,257,927 | 121.6 | 6% |
| 2012 | 53,487,829 | 52,133,121 | 1,354,708 | 122.3 | 6% |
| 2013 | 67,298,792 | 61,301,065 | 5,997,727 | 107.5 | 5% |
| 2014 | 121,930,637 | 55,490,803 | 66,439,834 | 142.3 | 7% |
| 2015 | 89,102,571 | 92,966,869 | −3,864,298 | 83.5 | 5% |
| 2016 | 83,967,004 | 70,745,401 | 13,221,603 | 103.7 | 8% |
| 2017 | 98,028,983 | 70,849,060 | 27,179,923 | 115.7 | 7% |
| 2018 | 147,120,892 | 83,454,613 | 63,666,279 | 109.8 | 6% |
| 2019 | 129,527,194 | 96,740,604 | 32,786,590 | 94.0 | 5% |
| 2020 | 141,518,502 | 106,120,687 | 35,397,815 | 81.1 | 5% |
| 2021 | 200,857,814 | 125,693,751 | 75,164,063 | 93.1 | 5% |
| 2022 | 204,398,163 | 121,965,802 | 82,432,361 | 103.5 | 5% |
| 2023 | 115,302,787 | 122,536,152 | −7,233,365 | 95.4 | 6% |
In its most recent public year (2023), this organization spent $7,233,365 more than it brought in. Its reserves stood at about 95.4 months of spending, down from 121.6 in 2011. Staff pay was 6% of spending. $107,151,096 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
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