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Arts, Culture & Humanities · 2023 Form 990

Minnesota Public Radio: $114.0M Revenue, $90.3M Program Expenses

Saint Paul, Minnesota · EIN 410953924 · Filing year 2023

Minnesota Public Radio reported $114.0M in total revenue, $115.8M in total expenses, and $226.8M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($90.3M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (74/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

B
Efficiency Score
74/100

Key Facts (2023 Form 990)

Total Revenue
$114.0M
Total Expenses
$115.8M
Program Expenses
$90.3M
Program Expense Ratio
78.0%
Total Assets
$226.8M
Reserve Months
23.5 months
EIN
410953924
Latest 990 Year
2023
Top Officer Compensation
Not reported

Minnesota Public Radio grades a B on the nonprofit efficiency rubric. 74/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

Minnesota Public Radio is a large nonprofit by U.S. standards: $114.0M in 2023 revenue against $115.8M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.

Five-year revenue is essentially flat — Minnesota Public Radio's funding base appears stable but not growing. For mature organizations this is often the steady state; for younger ones it can signal a funding plateau worth diagnosing. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Minnesota Public Radio sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$114.0M
Revenue
$115.8M
Expenses
$226.8M
Total Assets
78.0%
Program Spending

How Minnesota Public Radio Compares

Minnesota Public Radio directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 74/100 is 5 points above the Arts, Culture & Humanities category average. The organization holds 23.5 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$90.3M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
23.5 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Minnesota Public Radio, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Minnesota Public Radio has an Efficiency Score of B (74/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Minnesota Public Radio, Donor FAQ

Minnesota Public Radio has an Efficiency Score of B (74/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Minnesota Public Radio is not reported in the most recent IRS 990 filing on file.

Minnesota Public Radio reported $114.0M in annual revenue and $115.8M in total expenses for filing year 2023. The organization holds $226.8M in total assets.

For every dollar donated to Minnesota Public Radio, approximately 78.0 cents goes to program activities. The organization has 23.5 months of operating reserves, providing financial stability to sustain its mission.

Minnesota Public Radio is a registered 501(c) organization with EIN 410953924, based in Saint Paul, Minnesota. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.