Science Museum Of Minnesota: $35.1M Revenue, $40.0M Expenses

Science Museum Of Minnesota pulls a D on the efficiency rubric. The composite of 47/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

Science Museum Of Minnesota reported $35.1M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Reserves are the limiting factor: Science Museum Of Minnesota carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Science Museum Of Minnesota's 2023 revenue is materially below its earlier filings. Officer compensation is modest relative to organizational size: Science Museum Of Minnesota reports $631,575 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $35.1M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Science Museum Of Minnesota 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.