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Borealis Philanthropy
Arts & Culture · Minneapolis, Minnesota
126 3Rd St N Ste 500, Minneapolis, MN 55401-1653
EIN: 464598642· Founded: Jul 2014· 12 years active· Filing Year: 2023
Annual Revenue
$39.4M
Total Expenses
$44.6M
Total Assets
$86.8M
Program Spending
0%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$648K
1.5% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$5.1M
Total Payroll
$5.8M
13% of total expenses
Where the Money Goes
0%
Programs: 0%
Payroll: 13%
Other overhead: 100%
0
Total Expenses$44.6M (100%)
Payroll$5.8M (13%)
Overhead (non-program)100%
Trust Score Breakdown
Program Spending Ratio
0% of expenses go to programs
Revenue & Stability
$39.4M annual revenue
Executive Compensation
$648K total officer comp (1.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$86.8M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.