Financial Information for Mankato Area Foundation

Mankato Area Foundation's annual revenue was $8.8M in tax year 2024, reported on their IRS Form 990. They spent $5.4M in total expenses. 87% went to programs and services.

Financial Breakdown

What is Mankato Area Foundation's total annual expenses?

Mankato Area Foundation spent $5.4M in tax year 2024, according to their IRS Form 990 filing.

How much of Mankato Area Foundation's budget goes to programs?

Mankato Area Foundation spent $4.8M (87% of expenses) on programs and services in tax year 2024.

How much does Mankato Area Foundation spend on overhead?

Mankato Area Foundation's overhead in tax year 2024 includes administrative (8%) and fundraising (4%) of their expenses.

What is Mankato Area Foundation's net worth?

Mankato Area Foundation had net assets of $30.9M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.