CSCharityScored
54

Minneapolis Heart Institute Foundation

Health · Minneapolis, Minnesota

920 E 28Th St Ste 100, Minneapolis, MN 55407-1191

EIN: 411426406· Founded: Jul 1982· 44 years active· Filing Year: 2023

Annual Revenue

$14.3M

Total Expenses

$16.6M

Total Assets

$66.7M

Program Spending

30%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$1.5M

9.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$7.8M

Total Payroll

$9.4M

56% of total expenses

Where the Money Goes

30%
Programs: 30%
Payroll: 56%
Other overhead: 70%
Program Revenue$5.0M (35%)
Total Expenses$16.6M (100%)
Payroll$9.4M (56%)
Overhead (non-program)70%

Trust Score Breakdown

Program Spending Ratio

30% of expenses go to programs

40%

Revenue & Stability

$14.3M annual revenue

15%

Executive Compensation

$1.5M total officer comp (9.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$66.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.