Minnesota Public Radio: $114.0M Revenue, $115.8M Expenses

Minnesota Public Radio grades a B on the NonprofitTruth efficiency rubric. 73/100 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. Financial health is a strength: Minnesota Public Radio carries a healthy operating-reserve cushion against $115.8M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

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. Officer compensation is modest relative to organizational size: Minnesota Public Radio reports $2.3M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $114.0M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. 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.