Charity Search / MINNESOTA TRANSPORTATION MUSEUM INC
Arts, Culture & Humanities (A500) IRS Verified DX Registered 990 on File

MINNESOTA TRANSPORTATION MUSEUM INC

EIN: 23-7066156 · SAINT PAUL, MN 55130-4319 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 94/100
Reliability (20%) 81/100
Effectiveness (25%) 86/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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MINNESOTA TRANSPORTATION MUSEUM INC logo
24
CharityAI™ Score
out of 100
Mission Statement

To educate, inspire, entertain, and engage visitors by sharing the story of rail transportation history in the Upper Midwest region and how its evolution shapes our lives, culture(s), economy, and society.

Financial Overview — FY 2024
$2.0M
Total Revenue
$2.0M
Total Expenses
$7.9M
Net Assets
8
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 89.5%
Fundraising Efficiency N/A
Operating Reserve 47.55x
Liability-to-Asset 6.1%
Revenue Diversification 56.8%
Compared with Peers
FY 2024
Compared with 3,450 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
89.5% 77.9%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
8.4% 14.4%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
2.1% 5.4%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
47.6 mo 16.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
6.1% 10.6%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
56.8% 74.5%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
20.2% 7.8%
P10P90
Expense growth
Year over year expense growth
8.5% 8.0%
P10P90
Surplus margin
Surplus as a share of revenue
0.6% -0.5%
P10P90
CharityAI™ Evaluation — 2025
24 / 100
0
Financial
61
Reliability
38
Effectiveness
10
Impact
Financial Strength (30%) 0
Reliability & Transparency (20%) 61
Program Effectiveness (25%) 38
Impact & Outcomes (25%) 10

0 programs

IRS Verified 85% Data Complete
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.0M $2.0M $7.9M 89.5% 8
2023 $1.7M $1.8M $7.8M 88.0% 9
2022 $2.5M $1.1M $7.9M 73.3% 7
2021 $1.8M $737K N/A 4
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Organization Details
EIN
23-7066156
State
MN
City
SAINT PAUL
ZIP
55130-4319
Classification
A500
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1962
Foundation Code
16
Form 990
On File
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