Hennepin History Museum is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 1945, with $562,032 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$562K
▲ 20.2% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$542K
Net assets
$90K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hennepin History Museum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hennepin History Museum: 2 mo reserves · +4% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hennepin History Museum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hennepin History Museum: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $240K (FY2013) to $562K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
3.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$135K
Total liabilities
$45K
Net assets
$90K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $562,032▲20.2% | $542,322▲25.0% | $90,416▲27.9% | $135,376▲44.0% | 990 |
| 2023 | $467,767▼3.3% | $433,895▼18.3% | $70,706▲92.0% | $94,040▲23.3% | 990 |
| 2022 | $483,650▼27.6% | $530,900▼10.1% | $36,834▼56.2% | $76,285▼26.7% | 990 |
| 2021 | $668,416▲60.5% | $590,531▲13.1% | $84,084▲12757% | $104,118▲27.4% | 990 |
| 2020 | $416,464▼14.7% | $522,358▲1.4% | $654▼99.4% | $81,730▼40.2% | 990 |
| 2019 | $488,336▼3.6% | $514,896▼26.2% | $106,548▼20.0% | $136,680▼17.8% | 990 |
| 2018 | $506,530▲25.3% | $697,509▲29.0% | $133,108▼58.9% | $166,337▼50.1% | 990 |
| 2017 | $404,238▼38.3% | $540,679▲34.6% | $324,087▼29.6% | $333,339▼28.7% | 990 |
| 2016 | $655,599▲70.3% | $401,773▲38.2% | $460,528▲123% | $467,495▲118% | 990 |
| 2015 | $384,979▲62.8% | $290,765▲22.1% | $206,702▲83.8% | $214,187▲61.2% | 990 |
| 2014 | $236,513▼1.4% | $238,085▼7.2% | $112,488▲60.8% | $132,858▲62.1% | 990 |
| 2013 | $239,945 | $256,544▼19.0% | $69,965▼19.2% | $81,965▼18.2% | 990 |
| 2012 | — | $316,889▲19.6% | $86,564▲6.4% | $100,243▲5.9% | 990 |
| 2011 | — | $264,920▲1.9% | $81,349▼4.7% | $94,688▲9.0% | 990 |
| 2010 | — | $259,906 | $85,350 | $86,845 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
27 grants to Hennepin History Museum totaling $884K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Minneapolis Foundation | Donor advised, arts, culture, humanities | 2024 | $53,894 |
| Minneapolis Foundation | Arts- culture- humanities, donor-advised, arts- culture- humanities | 2023 | $39,873 |
| Minnesota Historical Society | Legacy grant for circle of water circus oral history project | 2023 | $9,900 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $6,410 |
| Mightycause Charitable Foundation | Unrestricted | 2023 | $5,388 |
| Minneapolis Foundation | Donor-recommended, arts & culture | 2022 | $40,394 |
| Minnesota Historical Society | Legacy grant for hennepin history museum redesign of museum lighting | 2022 | $19,949 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $7,200 |
| Mightycause Charitable Foundation | Unrestricted | 2022 | $6,402 |
| Minnesota Historical Society | Legacy grants for upgrading collections management software and arrangement | 2021 | $20,979 |
| Minneapolis Foundation | Donor-recommended, arts & culture | 2021 | $13,279 |
| Mightycause Charitable Foundation | Unrestricted | 2021 | $9,527 |
| Minneapolis Foundation | General operating support-for complimentary membership | 2020 | $103,271 |
| Minneapolis Foundation | General operating support-for complimentary membership | 2020 | $103,271 |
| Minnesota Historical Society | Legacy grants for archival collection arrangement and description, cataloging the painting collection | 2020 | $42,966 |
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Data for Hennepin History Museum (EIN 41-0826131) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.