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Filing year 2024

BOREALIS PHILANTHROPY

Minneapolis, Minnesota·EIN 46-4598642·NTEE A99 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$42.5M
Total assets
$78.2M
Total expenses
$54.7M
Reported officers
17
Mission

BOREALIS PHILANTHROPY DIRECTS RESOURCES TO PEOPLE BUILDING POWERFUL, THRIVING COMMUNITIES THAT SERVE ALL OF US, WITH THOSE MOST IMPACTED BY INJUSTICE LEADING THE WAY. WE INVEST IN LEADERS, ORGANIZATIONS, AND MOVEMENTS USING DIVERSE AND INNOVATIVE STRATEGIES TO PURSUE TRANSFORMATIONAL CHANGE, AND WE WORK WITH DONORS TO SUPPORT MOVEMENTS IN WAYS THEY MAY NOT BE ABLE TO DO ON THEIR OWN. THROUGH OUR WORK WITH BOTH FUNDERS AND GRANTEE PARTNERS, WE AIM TO SHIFT POWER AND INVEST IN COMMUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

President
Above 90th percentilevs Arts, Culture & Humanities peers in Minnesota
$286k
$305k
Base
$254k
Bonus
Other
Benefits
$21k
Managing Director
Director (Operational)
Above 90th percentile
$267k
$285k
Base
$219k
Bonus
Other
Benefits
$40k
Director of People & Culture
Highest Compensated Employee
75th to 90th percentile
$227k
$242k
Base
$177k
Bonus
Other
Benefits
$43k
Director of Development
75th to 90th percentile
$220k
$235k
Base
$183k
Bonus
Other
Benefits
$30k
Director of Finance
75th to 90th percentile
$208k
$222k
Base
$164k
Bonus
Other
Benefits
$38k
Director of Communications
Director (Operational)
75th to 90th percentile
$205k
$219k
Base
$178k
Bonus
Other
Benefits
$20k
Program Director
Director (Operational)
75th to 90th percentile
$191k
$204k
Base
$164k
Bonus
Other
Benefits
$20k
Director of Operations
Median to 75th percentile
$183k
$196k
Base
$170k
Bonus
Other
Benefits
$10k

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 9 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BOREALIS PHILANTHROPY equaled 0.5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
0.5%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities 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.

Up 22%
from 2023

From $234k in 2023 to $286k in 2024.

$234k
2023
$286k
2024
In today's dollarsEst.
Up 19% in real terms$256k to $305k

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.

Pay for the position

Chief Executive Officer pay rose 22% from 2023 to 2024, while revenue rose 8%.

$234k in 2023 to $286k in 2024.
  • Director (Operational) pay rose 25% from 2023 to 2024.
  • Highest Compensated Employee pay rose 32% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BOREALIS PHILANTHROPY

What does the Chief Executive Officer of BOREALIS PHILANTHROPY earn?

In 2024, the Chief Executive Officer of BOREALIS PHILANTHROPY received $285,846 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BOREALIS PHILANTHROPY compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Minnesota, the 2024 pay of the Chief Executive Officer at BOREALIS PHILANTHROPY falls in the top 10%. In 2024, the highest total compensation at BOREALIS PHILANTHROPY equaled 0.5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are BOREALIS PHILANTHROPY's revenue and expenses?

In 2024, BOREALIS PHILANTHROPY reported $42.5M in total revenue and $54.7M in total expenses on its IRS Form 990.

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