Charity Search / MICHAEL H BAKER FAMILY FOUNDATION
Philanthropy & Grantmaking (T20) 990 on File

MICHAEL H BAKER FAMILY FOUNDATION

EIN: 82-4916970 · MINNEAPOLIS, MN 55401-2138 · United States · FY 2024 Data
3 out of 5 43 / 100 Based on 2+ years of filings
Financial strength (30%) 72/100
Reliability (20%) 45/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$366K
Total Revenue
$192K
Total Expenses
$3.2M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 95.0%
Fundraising Efficiency N/A
Operating Reserve 200.44x
Liability-to-Asset 0.0%
Revenue Diversification 97.3%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 16,645 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
95.0% 90.2%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
200.4 mo 95.2 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
97.3% 90.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
19.9% 18.5%
P10P90
Expense growth
Year over year expense growth
20.9% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
47.5% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $366K $192K $3.2M 95.0% —
2023 $305K $159K $3.0M 96.2% —
2022 $76K $182K $2.9M 95.3% —
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Organization Details
EIN
82-4916970
State
MN
City
MINNEAPOLIS
ZIP
55401-2138
Classification
T20
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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