MINNEAPOLIS HEART INSTITUTE FOUNDATION
MINNEAPOLIS HEART INSTITUTE FOUNDATION
MINNEAPOLIS HEART INSTITUTE FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024
$23,641,948
Contributions
N/A
Program Services
N/A
Investments
N/A
Fundraising Events
N/A
Government Grants
N/A
Membership Dues
N/A
Expenses in 2024
$19,464,471
Salaries & Benefits
62%
Fees to Service Providers
14%
Offices, Occupancy & IT
9%
Grants
7%
Other
5%
Depreciation
2%
Advertising & Promotion
1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$6,943,721
$15,594,813
+125%
Government Grants
$0
$0
-
Fundraising Events
$432,784
$615,869
+42%
Program Services
$5,033,714
$6,588,288
+31%
Membership Dues
$0
$0
-
Investments
$1,377,795
$1,200,821
-13%
Other
$548,453
-$357,843
-165%
Total Revenues
$14,336,467
$23,641,948
+65%
Expenses
2023
2024
Change
Grants
$95,308
$1,294,745
+1258%
Benefits to Members
$0
$0
-
Salaries & Benefits
$11,179,969
$12,032,640
+8%
Fees to Service Providers
$2,368,069
$2,679,049
+13%
Advertising & Promotion
$6,082
$277,053
+4455%
Offices, Occupancy & IT
$1,591,673
$1,785,777
+12%
Interest
$0
$0
-
Depreciation
$281,779
$328,970
+17%
Other
$1,027,275
$1,066,237
+4%
Total Expenses
$16,550,155
$19,464,471
+18%
Net income
2023
2024
Change
Net income
-$2,213,688
+$4,177,477
-289%
Functional Expenses
Summary
2023
2024
Change
Program
$11,117,577
$13,083,406
+18%
Admin
$3,606,532
$3,925,668
+9%
Fundraising
$1,826,046
$2,455,397
+34%
Total Expenses
$16,550,155
$19,464,471
+18%
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