Northern Minnesota Public Television

Analysis

Northern Minnesota Public Television is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in November 1974, 52 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Northern Minnesota Public Television reported income of $2.9m and spending of $2.7m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.5m to $2.9m (+15%), an average of +3.6% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northern Minnesota Public Television sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Door County Maritime Museum & Lighthouse Preservation Society in ($2.9m), Epacenter ($2.9m) and National Little Britches Rodeo ($2.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $86k (3.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $6.3m against liabilities of $301k, net assets of $6.0m. It reported 45 employees.