Minnesota Lakes Maritime Society
Alexandria, Minnesota
A-Health Score
75A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$1.5M
Total Revenue
📊
$594K
Total Expenses
🏦
$4.8M
Net Assets
📋
$22K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+87.7%
Year-over-year change (2022 → 2023)
Net Margin
+61.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.01
Net assets divided by total expenses
Liabilities-to-Assets
0.5%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,532,281↑88% | $593,530↑18% | $4,775,602↑29% | |
| 2022 | $816,428↑12% | $500,882↑29% | $3,707,612↑4% | — |
| 2021 | $731,131↑58% | $388,154↑6% | $3,565,175↑3% | — |
| 2020 | $461,700↑3% | $366,148↓4% | $3,458,909↑1% | — |
| 2019 | $446,194↓31% | $383,307↓13% | $3,412,589↑3% | — |
| 2018 | $644,432↑40% | $438,980↑6% | $3,314,017↑17% | — |
| 2017 | $461,778↑25% | $414,430↑17% | $2,841,008↑4% | — |
| 2016 | $368,937↓18% | $354,817↓29% | $2,726,156 | — |
| 2015 | $448,636↑49% | $497,026↑94% | $2,719,568↓2% | — |
| 2014 | $300,896↓40% | $256,031↓1% | $2,764,506↑2% | — |
| 2013 | $498,351↑95% | $259,712↑12% | $2,702,732↑4% | — |
| 2012 | $256,193↓28% | $231,158↑16% | $2,604,823↓1% | — |
| 2011 | $357,191 | $199,919 | $2,642,207 | — |
Frequently Asked Questions
What does Minnesota Lakes Maritime Society do?▼
Minnesota Lakes Maritime Society is a arts, culture & humanities nonprofit organization based in Minnesota. It is classified under NTEE code A54 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Minnesota Lakes Maritime Society financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Minnesota Lakes Maritime Society.
How much revenue does Minnesota Lakes Maritime Society generate?▼
Minnesota Lakes Maritime Society reports $565K in annual revenue and holds $5.1M in total assets, based on IRS filings.
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