Conservation Minnesota EIN 41-2017329 Form 990 (PDF) Claim this org

Conservation Minnesota

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Advocates for conservation, providing information to guide family, community, and future decisions. For fiscal year 2024 it reported $2.0M in revenue, $2.3M in expenses, and $557K in net assets.Pt I

Founded
2002
Type
Public charity (501(c)(3)) · Environment
Location
Minneapolis, MN
Website
www.conservationminnesota.org
Filings
4 on file (2021–2024)
Revenue
$2.0MFY2024
Expenses
$2.3M
Net assets
$557K
People
23
Filings
4
Updates
0
More identity details & actions ⌄
EIN  41-2017329 Public charity (501(c)(3)) Minneapolis, MN Founded 2002
Form 990 (PDF)
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Figures match the IRS filing checked 8/28/26 · see original: IRS
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Size
$1–10M
What they do
Advocates for conservation, providing information to guide family, community, and future decisions.
Leadership
Andrew Goldman-Gray · Upstream Director · $103K
Money in and out
$2.0M revenue, $2.3M expenses
Bottom line
62% program efficiency
Where the money goes · FY2024
Total revenue
$2.0M
Pt VIII · Ln 12
Total expenses
$2.3M
Pt IX · Ln 25
Net assets
$557K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$294K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.26 Fundraising $0.12
Program efficiency
62%
of spending reaches programs▼ -14% vs prior filing year
Operating runway
2.9mo
months of highly liquid reserves at operating expense rate▲ +222% vs prior filing year
Surplus margin
-15%
revenue over expenses, this year▼ -2933% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.0M
FY2024▼ -38%
Expenses
$2.3M
FY2024▼ -28%
Total assets
$776K
FY2024▼ -31%
Total liabilities
$219K
FY2024▼ -19%
Total revenue
$2.0M
Pt VIII · Ln 12
Total expenses
$2.3M
Pt IX · Ln 25
Net assets
$557K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$294K
Total assetsPt X · Ln 16$776K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III

Where the work happens

3 program services account for $1.4M of program spending, described in the organization's own filed words · FY2024.
01

Public Engagement

Conservation minnesota is guided by the priorities of minnesotans and engages its statewide network of over 70,000 individuals and local leaders with meaningful opportunities to help solve the conservation issues that they tell us are most important.

$814Kprogram expense
02

Public Education

Conservation minnesota provides credible, non-partisan information about current and emerging issues that affect public health, water quality, and minnesota's great outdoors so that individual minnesotans can make informed decisions that protect our health and natural resources.

$409Kprogram expense
03

Public Policy

Conservation minnesota develops and advocates for public policies that ensure our cherished minnesota lakes, lands and way of life are protected for the benefit of current and future generations.

$202Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CConservation Minnesota
EINHdr · item D41-2017329
Principal addressHdr · item CMinneapolis, MN
WebsiteHdr · item Jwww.conservationminnesota.org
Year of formationHdr · item L2002
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C013)
Ruling yearIRS BMFMay 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Upstream Director
$103,144Pt VII · Sec A
Policy Director
$101,725Pt VII · Sec A
Executive Director
$97,535Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Andrew Goldman-Gray’s $103K as Upstream Director is at the 31st percentile of top reported officer pay among 1845 $1–10M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Andrew Goldman-Gray$103,144$101,725$169,020
Paul Austin$97,535$91,190$138,907$131,080$107,307
Nels P Paulsen$101,725$101,708$104,989

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$2.0M
Investment income$3K
Total revenueLn 12$2.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.26 Fundraising $0.12
Program services62%$1.4M
Management & general26%$598K
Fundraising12%$276K
Total functional expensesLn 25$2.3M

Balance Sheet

Part X · end of year
CashLn 1$517K
Total assetsLn 16$776K
Total liabilitiesLn 26$219K
Total net assetsLn 32$557K
Months of cash on handcomputed2.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $517K · Operating expenses (Pt IX) $2.3M · Less non-cash grants $171K · Cash operating expenses/yr $2.1M
2.9 months
Where the money goes
Program services
Program services $1.4M · Total expenses $2.3M
62%
Management & General
Management & general $598K · Total expenses $2.3M
26%
Fundraising
Fundraising $276K · Total expenses $2.3M
12%
Cost to raise $1
Fundraising expense (3-yr avg) $260K · Solicited contributions (3-yr avg) $2.6M
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.0M · Total revenue $2.0M
100%
Government reliance
Government grants — · Total revenue $2.0M
Earned-income share
Program service revenue $0 · Total revenue $2.0M
0%
Investment reliance
Investment income $3K · Total revenue $2.0M
+0.1%
Program self-sufficiency
Program service revenue $0 · Total expenses $2.3M
0%
Growth & trend
Revenue growth (YoY)
This year $2.0M · Prior year $3.2M
-38%
Revenue CAGR
FY2020 $2.4M · FY2024 $2.0M
-4%
Net-asset trend (YoY)
End of year $557K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.0M · Expenses $2.3M
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $776K
Net-asset ratio
Net assets $557K · Total assets $776K
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $776K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Andrew Goldman-Gray · Reported title UPSTREAM DIRECTOR · Highest reported compensation $103K · Total expenses $2.3M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.5M · Total expenses $2.3M
64%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 26%
Fundraising cost ratio 14%
Revenue growth -38%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
EcotrustFY2025$5K
Total grants receivedfrom 1 funder$5K
Grants paid · 14 grants · $809K · 2020–2024
Unitemized GrantFY2024$116,750
Environmental InitiativeMN · FY2024$53,000
Rainbow Research INCMN · FY2024$48,000
Unitemized GrantFY2023$98,000
Springboard for the ArtsMN · FY2023$75,000
Environmental InitiativeMN · FY2023$32,500
Unitemized GrantFY2023$1,750
Unitemized GrantFY2022$76,500
Faith in MnFY2022$75,000
Take Action MnFY2022$75,000
Minnesota Land TrustMN · FY2022$40,000
Unitemized GrantFY2022$9,000
Unitemized GrantFY2022$6,600

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$3.2M revenue · ⤓ 990 PDF
FY2023$2.8M revenue · ⤓ 990 PDF
FY2022$2.7M revenue · ⤓ 990 PDF
FY2021$2.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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