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Filing year 2024

MINNESOTA BUSINESS PARTNERSHIP

Minneapolis, Minnesota·EIN 41-1317465·6
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 · Schedule J · 6 reported individuals · Filing year 2024

Chief Executive Officer
$640k
$682k
Base
$500k
Bonus
$100k
Other
Benefits
$26k
Operations Director
$253k
$270k
Base
$146k
Bonus
$87k
Other
Benefits
$10k
Fiscal Policy Director
highest compensated employee
$146k
$156k
Health Care Policy Director
highest compensated employee
$142k
$152k
Communications Director
director (operational)
$137k
$146k
Operations Manager
highest compensated employee
$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.

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.
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