AArts, Culture & HumanitiesEIN: 721580723· Ruling Year: 2004

Minnesota Marine Art Museum

Winona, Minnesota

B+Health Score
73B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org11.83×
Peer Median210.95×
💰
$1.6M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$26.4M
Net Assets
📋
$88K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+19.1%
Year-over-year change (2022 → 2023)
Net Margin
-39.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.83
Net assets divided by total expenses
Liabilities-to-Assets
0.3%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$1,597,78019%$2,230,67140%$26,474,8711%
2022$1,341,09115%$1,589,72031%$26,643,4516%
2021$1,574,75588%$1,213,4782%$28,374,2546%
2020$837,18828%$1,232,6655%$26,828,253
2019$1,166,11883%$1,292,54710%$26,724,2345%
2018$6,769,402846%$1,439,26442%$25,537,12626%
2017$715,67732%$1,015,7647%$20,324,0023%
2016$541,6341%$945,1411%$20,902,6531%
2015$533,88581%$951,2825%$21,122,2541%
2014$2,809,667185%$1,000,89315%$21,412,0918%
2013$987,35147%$867,6137%$19,819,4263%
2012$1,856,139364%$809,481$19,327,2555%
2011$400,09984%$808,4694%$18,480,5996%
2010$2,551,297$777,242$19,674,098

Frequently Asked Questions

What does Minnesota Marine Art Museum do?

Minnesota Marine Art Museum 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 Marine Art Museum financially healthy?

Based on our 9-metric Financial Health Score model, Minnesota Marine Art Museum has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Minnesota Marine Art Museum generate?

Minnesota Marine Art Museum reports $1.6M in annual revenue and holds $25.9M in total assets, based on IRS filings.

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