AArts, Culture & HumanitiesEIN: 411948093· Ruling Year: 2000

Veit Foundation

Buffalo, Minnesota

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$1.5M
Total Revenue
📊
$811K
Total Expenses
🏦
$14.0M
Net Assets
📋
$2.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.4%
Year-over-year change (2022 → 2023)
Net Margin
+44.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
17.30
Net assets divided by total expenses
Liabilities-to-Assets
12.8%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$1,463,2009%$810,93617%$16,091,6943%
2022$1,336,9457%$980,25220%$15,625,5861%
2021$1,245,8153%$813,96944%$15,418,8136%
2020$1,214,69517%$566,82412%$16,378,9643%
2019$1,458,05117%$505,98217%$15,921,2585%
2018$1,755,609152%$606,42649%$15,109,29691%
2015$695,513506%$1,183,540550%$7,913,1505%
2014$114,75013%$181,98922%$8,373,58612%
2013$101,86589%$233,6801%$9,470,2311%
2012$940,40623%$230,43142%$9,579,0876%
2011$1,216,027$162,048$9,024,723

Frequently Asked Questions

What does Veit Foundation do?

Veit Foundation is a arts, culture & humanities nonprofit organization based in Minnesota. It is classified under NTEE code A20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Veit Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Veit Foundation has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Veit Foundation generate?

Revenue data for Veit Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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