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Filing year 2023

FRIENDS OF THE M

St Paul, Minnesota·EIN 82-2978503·NTEE A11 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$128k
Total assets
$5M
Total expenses
$94k
Reported officers
5
Mission

FRIENDS OF THE M IS ORGANIZED AND WILL OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, AND EXCLUSIVELY FOR THE BENEFIT OF, TO SUPPORT THE FUNCTIONS OF, AND TO ASSIST IN CARRYING OUT THE PURPOSE OF MINNESOTA MUSEUM OF AMERICAN ART, A MINNESOTA NONPROFIT CORPORATION.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Director
Board Member
Median to 75th percentile
$13k
$14k

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 4 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FRIENDS OF THE M equaled 14% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
14%
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.

Up 3%
from 2022

From $13k in 2022 to $13k in 2023.

$13k
2022
$13k
2023
In today's dollarsEst.
Up 1% in real terms$14k to $14k

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

Board Member pay rose 3% from 2022 to 2023, while revenue fell 4%.

$13k in 2022 to $13k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 FRIENDS OF THE M

What does the Board Member of FRIENDS OF THE M earn?

In 2023, the Board Member of FRIENDS OF THE M received $13,111 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Arts, Culture & Humanities organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at FRIENDS OF THE M compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Minnesota, the 2023 pay of the Board Member at FRIENDS OF THE M falls between the median and the 75th percentile. In 2023, the highest total compensation at FRIENDS OF THE M equaled 14% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are FRIENDS OF THE M's revenue and expenses?

In 2023, FRIENDS OF THE M reported $128k in total revenue and $94k in total expenses on its IRS Form 990.

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