Minnesota Public Radio
EIN: 410953924 · Saint Paul, MN · NTEE: A340
| Metric | Value |
|---|---|
| Total Revenue | $113.6M |
| Total Expenses | $115.8M |
| Net Assets | $178.7M |
Is Minnesota Public Radio Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Minnesota Public Radio
Minnesota Public Radio (EIN: 410953924) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code A340. The organization reported total revenue of $113.6M and total assets of $227.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Minnesota Public Radio's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Minnesota Public Radio is a major nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $114.0M |
| Total Expenses | $115.8M |
| Surplus / Deficit | $-1,822,039 |
| Total Assets | $226.8M |
| Total Liabilities | $48.1M |
| Net Assets | $178.7M |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 21.2% |
| Months of Reserves | 23.5 months |
Financial Health Grade: B
In 2023, Minnesota Public Radio reported a deficit of $1.8M with expenses exceeding revenue, holds 23.5 months of operating reserves (strong position), has a debt-to-asset ratio of 21.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Minnesota Public Radio's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.6% | +3.0% | +-0.0% |
| 2022 | +52.4% | -4.2% | +28.5% |
| 2021 | +10.1% | -0.1% | -5.2% |
| 2020 | -7.5% | +3.0% | +13.6% |
| 2019 | +5.2% | +3.8% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Minnesota Public Radio has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Minnesota Public Radio with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.2%.
Frequently Asked Questions about Minnesota Public Radio
Is Minnesota Public Radio a legitimate charity?
Minnesota Public Radio (EIN: 410953924) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $113.6M. No red flags identified. Financial health grade: B.
How does Minnesota Public Radio spend its money?
Minnesota Public Radio reported $113.6M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Minnesota Public Radio tax-deductible?
Minnesota Public Radio is registered as a tax-exempt nonprofit (EIN: 410953924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Minnesota Public Radio located?
Minnesota Public Radio is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 410953924. It is classified under NTEE code A340.
How many years of IRS 990 filings does Minnesota Public Radio have?
Minnesota Public Radio has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $113.6M in total revenue.
Filing History
IRS 990 filing history for Minnesota Public Radio showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Minnesota Public Radio's revenue has grown by 42.1%, moving from $80.2M to $114.0M. Total assets increased by 39.3% over the same period, from $162.9M to $226.8M. Total functional expenses rose by 41.2%, from $82.0M to $115.8M. In its most recent filing year (2023), Minnesota Public Radio reported a deficit of $1.8M, with expenses exceeding revenue. The organization holds $48.1M in liabilities against $226.8M in assets (debt-to-asset ratio: 21.2%), resulting in net assets of $178.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $114.0M | $115.8M | $226.8M | $48.1M | — | — |
| 2022 | $174.2M | $112.4M | $226.9M | $51.7M | — | View 990 |
| 2021 | $114.3M | $117.4M | $176.7M | $57.4M | — | View 990 |
| 2020 | $103.7M | $117.4M | $186.3M | $75.0M | — | View 990 |
| 2019 | $112.1M | $114.0M | $164.0M | $51.2M | — | View 990 |
| 2018 | $106.6M | $109.9M | $164.4M | $53.0M | — | View 990 |
| 2017 | $109.4M | $98.1M | $160.3M | $43.0M | — | — |
| 2016 | $100.6M | $97.4M | $151.5M | $48.9M | — | View 990 |
| 2015 | $98.0M | $94.7M | $151.1M | $51.6M | — | View 990 |
| 2014 | $91.1M | $92.0M | $150.6M | $53.0M | — | View 990 |
| 2013 | $95.4M | $98.6M | $151.3M | $56.2M | — | View 990 |
| 2012 | $76.8M | $85.1M | $152.9M | $57.2M | — | View 990 |
| 2011 | $80.2M | $82.0M | $162.9M | $58.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $114.0M, expenses of $115.8M, and assets of $226.8M (revenue -34.6% year-over-year).
- 2022: Revenue of $174.2M, expenses of $112.4M, and assets of $226.9M (revenue +52.4% year-over-year).
- 2021: Revenue of $114.3M, expenses of $117.4M, and assets of $176.7M (revenue +10.1% year-over-year).
- 2020: Revenue of $103.7M, expenses of $117.4M, and assets of $186.3M (revenue -7.5% year-over-year).
- 2019: Revenue of $112.1M, expenses of $114.0M, and assets of $164.0M (revenue +5.2% year-over-year).
- 2018: Revenue of $106.6M, expenses of $109.9M, and assets of $164.4M (revenue -2.6% year-over-year).
- 2017: Revenue of $109.4M, expenses of $98.1M, and assets of $160.3M (revenue +8.8% year-over-year).
- 2016: Revenue of $100.6M, expenses of $97.4M, and assets of $151.5M (revenue +2.6% year-over-year).
- 2015: Revenue of $98.0M, expenses of $94.7M, and assets of $151.1M (revenue +7.6% year-over-year).
- 2014: Revenue of $91.1M, expenses of $92.0M, and assets of $150.6M (revenue -4.5% year-over-year).
- 2013: Revenue of $95.4M, expenses of $98.6M, and assets of $151.3M (revenue +24.2% year-over-year).
- 2012: Revenue of $76.8M, expenses of $85.1M, and assets of $152.9M (revenue -4.1% year-over-year).
- 2011: Revenue of $80.2M, expenses of $82.0M, and assets of $162.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Minnesota Public Radio:
Data Sources and Methodology
This transparency report for Minnesota Public Radio is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.