Arts, Culture & Humanities
(A340)
IRS Verified
DX Registered
990 on File
MINNESOTA PUBLIC RADIO
Financial strength (30%)
96/100
Reliability (20%)
55/100
Effectiveness (25%)
90/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of Minnesota Public Radio regionally and American Public Media nationally is to enrich the mind and nourish the spirit, thereby enhancing the lives and expanding the perspectives of our audiences, and assisting them in strengthening their communities.
Financial Overview — FY 2025
$114.6M
Total Revenue
$115.7M
Total Expenses
$192.3M
Net Assets
572
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
74.2%
Fundraising Efficiency
N/A
Operating Reserve
19.95x
Liability-to-Asset
18.5%
Revenue Diversification
73.9%
Executive Compensation
$1.6M
Compared with Peers
FY 2025
Compared with 12 similar organizations
(United States, Arts, Culture & Humanities, $100M and over in expenses), FY 2025.
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
|
74.2% | 79.1% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.3% | 11.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
15.5% | 4.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
20.0 mo | 14.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.5% | 32.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
73.9% | 63.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
5.4% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-1.8% | 3.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.9% | 1.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $114.6M | $115.7M | $192.3M | 74.2% | 572 |
| 2024 | $108.7M | $117.9M | $182.3M | 73.2% | 585 |
| 2023 | $114.0M | $115.8M | $178.7M | 71.5% | 605 |
| 2022 | $174.2M | $112.4M | $175.2M | 72.0% | 594 |
| 2021 | $114.3M | $117.4M | N/A | — | 639 |
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