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Filing year 2024

MINNESOTA BUSINESS PARTNERSHIP

Minneapolis, Minnesota·EIN 41-1317465·501(c)(6)
Total revenue
$5.8M
Total assets
$5.8M
Total expenses
$5.6M
Reported officers
118
Mission

THE MINNESOTA BUSINESS PARTNERSHIP'S MISSION IS TO MAINTAIN A HIGH QUALITY OF LIFE FOR ALL MINNESOTANS BY ENSURING THAT THE STATE'S ECONOMY REMAINS STRONG, GLOBALLY COMPETITIVE AND ITS PROSPECTS FOR GROWTH BRIGHT BY WORKING WITH ELECTED OFFICIALS AND STATE AGENCY STAFF ON A RANGE OF PUBLIC POLICY ISSUES RELEVANT TO ALL MINNESOTANS: EDUCATION, FISCAL POLICY, HEALTH CARE, CIVIL JUSTICE, GOVERNMENT ETHICS AND ELECTIONS, AND REGULATORY POLICIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chief Executive Officer
Above 90th percentile
$640k
$682k
Base
$500k
Bonus
$100k
Other
Benefits
$26k
Operations Director
75th to 90th percentile
$253k
$270k
Base
$146k
Bonus
$87k
Other
Benefits
$10k
Fiscal Policy Director
Highest Compensated Employee
25th percentile to median
$146k
$156k
Health Care Policy Director
Highest Compensated Employee
25th percentile to median
$142k
$152k
Communications Director
Director (Operational)
Median to 75th percentile
$137k
$146k
Operations Manager
25th percentile to median
$108k
$115k

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 112 unpaid individuals.

Down 23%
from 2023

From $830k in 2023 to $640k in 2024.

$830k
2023
$640k
2024
In today's dollarsEst.
Down 25% in real terms$907k to $682k

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 fell 23% from 2023 to 2024, while revenue rose 67%.

$830k in 2023 to $640k in 2024.
  • Chief Operating Officer pay rose 27% from 2023 to 2024.
  • Highest Compensated Employee pay fell 27% 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.
Financial trend

Revenue and expenses over time

MINNESOTA BUSINESS PARTNERSHIP reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.5M
$3.5M
2023
$5.8M
$5.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MINNESOTA BUSINESS PARTNERSHIP

What does the Chief Executive Officer of MINNESOTA BUSINESS PARTNERSHIP earn?

In 2024, the Chief Executive Officer of MINNESOTA BUSINESS PARTNERSHIP received $639,594 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MINNESOTA BUSINESS PARTNERSHIP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at MINNESOTA BUSINESS PARTNERSHIP falls in the top 10%.

What are MINNESOTA BUSINESS PARTNERSHIP's revenue and expenses?

In 2024, MINNESOTA BUSINESS PARTNERSHIP reported $5.8M in total revenue and $5.6M in total expenses on its IRS Form 990.

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