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Filing year 2023

MINNESOTA STATE FAIR FOUNDATION

St Paul, Minnesota·EIN 41-2013696·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$13.7M
Total assets
$17.7M
Total expenses
$3.1M
Reported officers
30
Mission

THE MINNESOTA STATE FAIR FOUNDATION'S MISSION IS TO PRESERVE AND IMPROVE THE HISTORIC MINNESOTA STATE FAIRGROUNDS AND SUPPORT STATE FAIR PROGRAMS AND PROJECTS IN AGRICULTURE, ARTS & CULTURE, EDUCATION, THE ENVIRONMENT, AND HISTORY.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.

Development Director
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$142k
$155k
Executive Director
Below 10th percentile
$10k
$11k

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 28 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MINNESOTA STATE FAIR FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking 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 8%
from 2022

From $132k in 2022 to $142k in 2023.

$132k
2022
$142k
2023
In today's dollarsEst.
Up 5% in real terms$148k to $155k

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 Development Officer pay rose 8% from 2022 to 2023, while revenue rose 281%.

$132k in 2022 to $142k in 2023.
  • Chief Executive Officer pay rose 11% from 2022 to 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 MINNESOTA STATE FAIR FOUNDATION

What does the Chief Development Officer of MINNESOTA STATE FAIR FOUNDATION earn?

In 2023, the Chief Development Officer of MINNESOTA STATE FAIR FOUNDATION received $142,077 in total compensation. This pay is below the median (the midpoint) for Chief Development Officer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Development Officer pay at MINNESOTA STATE FAIR FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Chief Development Officer at MINNESOTA STATE FAIR FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at MINNESOTA STATE FAIR FOUNDATION equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MINNESOTA STATE FAIR FOUNDATION's revenue and expenses?

In 2023, MINNESOTA STATE FAIR FOUNDATION reported $13.7M in total revenue and $3.1M in total expenses on its IRS Form 990.

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