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Filing year 2023

Bella Mente Quantum Racing Association

Minneapolis, Minnesota·EIN 82-2576323·NTEE N70 · Recreation & Sports·501(c)(3)
Total revenue
$53.4M
Total assets
$65.4M
Total expenses
$19M
Reported officers
18

Executive compensation

Form 990-PF · Part VIII · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations nationwide.

Director of Sailing
Unclassified
$540k
$590k
Director of Sailing
Unclassified
$309k
$338k
COO
75th to 90th percentile
$258k
$282k
COO
25th percentile to median
$121k
$132k
Treasurer
Board Treasurer
Above 90th percentile
$108k
$118k
Director and CEO
Median to 75th percentilevs Recreation & Sports peers in Minnesota
$75k
$82k
Treasurer
Board Treasurer
Above 90th percentile
$50k
$55k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Bella Mente Quantum Racing Association equaled 3% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2023)
3%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Recreation & Sports executives earn in Minnesota

Comparable recreation & sports organizations in Minnesota pay their highest-earning executive a median of $22,500.

25th percentile
$5k
Median
$22,500
75th percentile
$78k
90th percentile
$115k

These are recreation & sports sector-wide figures, not this organization's reported pay. Based on 319 organizations across 319 filings (2021 – 2024).

See full Recreation & Sports pay data for Minnesota
FAQ

Common questions about Bella Mente Quantum Racing Association

What does the Chief Operating Officer of Bella Mente Quantum Racing Association earn?

In 2023, the Chief Operating Officer of Bella Mente Quantum Racing Association received $258,000 in total compensation. This pay is in the top quarter for Chief Operating Officer roles among Recreation & Sports organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at Bella Mente Quantum Racing Association compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations nationwide, the 2023 pay of the Chief Operating Officer at Bella Mente Quantum Racing Association falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Bella Mente Quantum Racing Association equaled 3% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are Bella Mente Quantum Racing Association's revenue and expenses?

In 2023, Bella Mente Quantum Racing Association reported $53.4M in total revenue and $19M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.