Philanthropy & Grantmaking
(T22)
IRS Verified
DX Registered
MINNESOTA STATE FAIR FOUNDATION
CharityAI™ Score
Not yet evaluated
Mission Statement
The Minnesota State Fair Foundation was created to preserve and improve the historic Minnesota State Fairgrounds and support State Fair agricultural, scientific and educational programs.
Financial Overview — FY 2023
$3.6M
Total Revenue
$2.3M
Total Expenses
$6.4M
Net Assets
25
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
63.7%
Fundraising Efficiency
0.0%
Operating Reserve
33.07x
Liability-to-Asset
2.0%
Revenue Diversification
84.2%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3.6M | $2.3M | $6.4M | 63.7% | 25 |
| 2022 | $2.7M | $2.0M | N/A | — | 25 |
| 2021 | $2.8M | $1.9M | N/A | — | 8 |
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