Borealis Philanthropy
Minneapolis, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $39,366,975↑5% | $44,560,166↓2% | $86,759,283↓2% | |
| 2022 | $37,532,996↓55% | $45,590,858↑16% | $88,580,581↓5% | — |
| 2021 | $83,860,189↑66% | $39,182,151↑8% | $93,121,969↑99% | — |
| 2020 | $50,610,882↑93% | $36,411,224↑98% | $46,728,380↑40% | — |
| 2019 | $26,194,467↑12% | $18,403,082↓35% | $33,432,513↑11% | — |
| 2018 | $23,433,054↓14% | $28,187,261↑175% | $30,046,737↑23% | — |
| 2017 | $27,148,588↑280% | $10,260,549↑152% | $24,395,814↑248% | — |
| 2016 | $7,141,853↑62% | $4,070,090↑194% | $7,008,768↑109% | — |
| 2015 | $4,400,500↑3350% | $1,383,460↑4975% | $3,359,613↑3223% | — |
| 2014 | $127,541 | $27,260 | $101,114 | — |
Frequently Asked Questions
What does Borealis Philanthropy do?▼
Borealis Philanthropy is a arts, culture & humanities nonprofit organization based in Minnesota. It is classified under NTEE code A99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Borealis Philanthropy financially healthy?▼
Based on our 9-metric Financial Health Score model, Borealis Philanthropy has a score of 64/100 (Grade: B). 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 Borealis Philanthropy generate?▼
Borealis Philanthropy reports $42.5M in annual revenue and holds $78.2M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Arts, Culture & Humanities category, or browse all nonprofits in Minnesota.