Minnesota Medical Association
501(c)(6)
Only null% goes to programs Strong reserves Declining revenue
Minnesota Medical Association is a 501(c)(6) organization based in Minneapolis, Minnesota, registered in 1938, with $3,429,004 in FY2024 revenue. CharityIndex grades it C+.
3433 Broadway St Ne Ste 187, Minneapolis, MN, 55413 EIN 41-0418625 Since 1938
Revenue (FY2024)
$3.4M
▲ 7.3% vs prior year
Expenses (FY2024)
$3.8M
Net assets
$23.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Minnesota Medical Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating73 mo reserves · -11% margin
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 Minnesota Medical Association: 73 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Minnesota Medical Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Minnesota Medical Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3433 Broadway St Ne Ste 187, Minneapolis, MN, 55413
- City
- Minneapolis
- State
- Minnesota
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $4.5M (FY2013) to $3.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.5MNet assets $23.1M
Operating margin
-10.6%
Spent more than it raised in the latest fiscal year.
Total assets
$24.6M
Total liabilities
$1.5M
Net assets
$23.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,429,004▲7.3% | $3,793,268▲9.7% | $23,148,805▲6.3% | $24,632,632▲6.0% | 990 |
| 2023 | $3,194,571▼24.1% | $3,457,111▲6.4% | $21,783,351▲6.1% | $23,245,635▲4.5% | 990 |
| 2022 | $4,207,576▼0.6% | $3,250,395▲4.0% | $20,525,402▼17.5% | $22,248,340▼16.3% | 990 |
| 2021 | $4,234,850▲50.3% | $3,126,543▲2.0% | $24,891,930▲8.2% | $26,567,946▲8.0% | 990 |
| 2020 | $2,816,910▼14.9% | $3,064,632▼4.4% | $23,010,505▲6.5% | $24,598,203▲10.1% | 990 |
| 2019 | $3,310,200▼0.3% | $3,204,544▼10.8% | $21,609,421▲13.6% | $22,338,420▲11.5% | 990 |
| 2018 | $3,320,588▼84.1% | $3,592,558▼21.3% | $19,019,255▼8.9% | $20,032,505▼9.5% | 990 |
| 2017 | $20,835,867▲613% | $4,567,093▼9.4% | $20,872,144▲394% | $22,132,144▲342% | 990 |
| 2016 | $2,922,982▼31.6% | $5,043,170▲12.2% | $4,225,899▼30.5% | $5,004,059▼24.1% | 990 |
| 2015 | $4,270,534▼16.8% | $4,493,682▼1.5% | $6,076,291▼10.6% | $6,596,954▼14.8% | 990 |
| 2014 | $5,134,265▲15.1% | $4,560,485▲6.3% | $6,795,852▲1.4% | $7,740,415▼1.2% | 990 |
| 2013 | $4,461,229 | $4,289,763▲2.0% | $6,704,333▲10.4% | $7,836,171▲7.6% | 990 |
| 2012 | — | $4,205,455▼1.1% | $6,070,335▲6.8% | $7,282,546▲5.2% | 990 |
| 2011 | — | $4,252,516▼3.0% | $5,682,495▼3.3% | $6,919,729▼5.8% | 990 |
| 2010 | — | $4,382,835 | $5,875,539 | $7,347,692 | 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.
Grants received · $338K total
5 grants to Minnesota Medical Association totaling $338K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ucare Minnesota | Advance health equity by continuing the mma's current work to mitigate physician and other health professional implicit biases and to promote anti-racist policies and practices within physician practices. addressing barriers to physician workforce diversification, particularly with respect to lack of exposure and preparation options among youth. | 2022 | $115,000 |
| Ucare Foundation | Work to mitigate physician and other health professional implicit biases and to promote anti-racist policies and practices within physician practices. | 2022 | $90,000 |
| Ucare Foundation | Promoting health equity and improving health outcomes in traditionally underserved and diverse populations. | 2021 | $90,000 |
| Ucare Minnesota | Efforts to to advance health equity by equipping physicians and other clinicians with strategies to improve their self-awareness and their interactions with patients | 2020 | $35,000 |
| Childrens Health Care | 'wild about children's' event sponsorship - leap, comm baby showers sponsorship sponsorship - forum sponsorship - mma bounce back | 2019 | $8,000 |
Frequently asked questions
- Is Minnesota Medical Association a legitimate nonprofit?
- Yes. Minnesota Medical Association is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 41-0418625, based in Minneapolis, Minnesota.
- What is Minnesota Medical Association's EIN?
- Minnesota Medical Association's Employer Identification Number (EIN) is 41-0418625.
- How much revenue does Minnesota Medical Association report?
- Minnesota Medical Association reported $3,429,004 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Minnesota Medical Association have?
- CharityIndex grades Minnesota Medical Association C+, based on financial health (reserves and operating margin).
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Data for Minnesota Medical Association (EIN 41-0418625) 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.