MINNESOTA MASONIC HISTORIC BUILDINGS

EIN: 475588074 501(c)(3) Arts, Culture & Humanities

BLOOMINGTON, MN

Total Revenue
$76,912
Total Expenses
$152,203
Total Assets
$1,605,245
Net Assets
$1,243,599
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MN
Principal Officer
ERIC J NEETENBEEK
Phone
9529487000
Tax Period
2023-01-01 to 2023-12-31

MINNESOTA MASONIC HISTORIC BUILDINGS, founded in 2016, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $77K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $152K exceeded revenue, resulting in a 98% operating deficit.

Mission

TO PROTECT, PRESERVE, RESTORE, MANAGE, MAINTAIN, OWN, AND OPERATE, DIRECTLY OR INDIRECTLY, THE HISTORIC MASONIC BUILDINGS LOCATED IN MINNESOTA.

Program Service Accomplishments

Program 1
Expenses: $152,203 Revenue: $73,912

THE CORPORATION IS CREATED AND ORGANIZED TO PROTECT, PRESERVE, RESTORE, MANAGE, MAINTAIN, OWN, AND OPERATE, DIRECTLY OR INDIRECTLY: (A) THE DULUTH MASONIC TEMPLE LOCATED AT 4 WEST SECOND STREET...

Read more

THE CORPORATION IS CREATED AND ORGANIZED TO PROTECT, PRESERVE, RESTORE, MANAGE, MAINTAIN, OWN, AND OPERATE, DIRECTLY OR INDIRECTLY: (A) THE DULUTH MASONIC TEMPLE LOCATED AT 4 WEST SECOND STREET, DULUTH, MINNESOTA 55802 (HEREINAFTER, THE "DMT"), WHICH IS LISTED ON THE NATIONAL REGISTRY OF HISTORIC PLACES AND WHICH CURRENTLY MAINTAINS, INTER ALIA, A MULTI-VOLUME HISTORIC LIBRARY, NUMEROUS VALUABLE COLLECTIONS AND HISTORICAL DOCUMENTS WITH RESPECT TO BOTH THE CITY OF DULUTH AND STATE OF MINNESOTA HISTORY, AND HISTORIC RARE HAND-PAINTED THEATRICAL SCENIC BACKDROPS AND SCOTTISH RITE AUDITORIUM WITH ITS HISTORIC EGYPTIAN FRIEZE, AND (B) OTHER HISTORICALLY AND/OR ARCHITECTURALLY SIGNIFICANT MASONIC BUILDINGS LOCATED IN MINNESOTA (COLLECTIVELY, WITH THE DMT, THE "BUILDINGS"). THROUGH ITS PROTECTION, PRESERVATION, RESTORATION, MANAGEMENT, MAINTENANCE, OWNERSHIP, AND OPERATION OF THE BUILDINGS, THE CORPORATION WILL PROMOTE AN APPRECIATION OF HISTORICAL KNOWLEDGE, AND EDUCATE THE PUBLIC, ABOUT MASONRY IN MINNESOTA, BY MAKING THE BUILDINGS AVAILABLE FOR PUBLIC VIEWING. THE COPORATION MAY SOLICIT FUNDS TO BE USED IN ACCCORDANCE WITH MINNESOTA STATUTE 317A, INCLUDING BUT NOT LIMITED TO EXTERIOR AND INTERIOR MAINTENANCE, RESTORATION AND PRESERVATION OF THE BUILDINGS, SO THEY CAN BE OPEN FOR PUBLIC USES, SUCH AS MUSEUMS AND LIBRARIES. FUNDS MAY ALSO BE UTILIZED TO MAINTAIN THE FURNISHINGS, THEATRICAL SCENIC BACKDROPS, ANTIQUES AND OTHER ITEMS OF HISTORICAL, EDUCATIONAL AND CULTURAL SIGNIFICANCE LOCATED IN THE BUILDINGS. NOTWITHSTANDING ANY OTHER LANGUAGE OR PROVISIONS CONTAINED HEREIN, THE PURPOSES AND ACTIVITIES WILL BE LIMITED EXCLUSIVELY TO EXEMPT PRUPOSES WITHIN THE MEANING OF 501(C) OF THE CODE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $73,912
Investment Income $0
Other Revenue $3,000
TOTAL REVENUE $76,912

Expense Breakdown

Grants Paid $0
Salaries & Benefits $36,500
Fundraising Expenses $0
Program Expenses $152,203
Other Expenses $115,703
TOTAL EXPENSES $152,203

Year-over-Year Comparison

2023 2022 Change
Revenue $76,912 $83,353 -0.1%
Expenses $152,203 $152,138 +0.0%
Net Income $-75,291 $-68,785 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
14

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$714,689
Total Directors
18
$0
Key Employees
1
$388,270
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC J NEETENBEEK PRESIDENT/CEO - CHARITIES 4.00
Officer
$0 $34,208 $464,772
JOHN SCHWIETZ COO - CHARITIES 4.00
Key Emp
$0 $32,162 $388,270
SUE MORK CFO - CHARITIES 4.00
Officer
$0 $25,215 $249,917
PAUL C HIMMLER CHAIR 1.00
Officer Director
$0 $0 $0
JOHN L COOK VICE CHAIR 1.00
Officer Director
$0 $0 $0
MARY A HANSON TREASURER 1.00
Officer Director
$0 $0 $0
STEVEN R JOHNSON SECRETARY 1.00
Director
$0 $0 $0
SHARON BARLOW WORTHY GRAND MATRON 1.00
Director
$0 $0 $0
DAYTON L BERG GRAND MASTER 1.00
Director
$0 $0 $0
BARBARA BRIHN DIRECTOR 1.00
Director
$0 $0 $0
ROBERT L DARLING DIRECTOR 1.00
Director
$0 $0 $0
ROBERT S DAVIS SENIOR GRAND WARDEN 1.00
Director
$0 $0 $0
ROBERT L FENDLER DIRECTOR (THRU APRIL 2023) 1.00
Director
$0 $0 $0
TONY R KRALL DIRECTOR (THRU APRIL 2023) 1.00
Director
$0 $0 $0
G ROGER MCNEAR III DIRECTOR (THRU APRIL 2023) 1.00
Director
$0 $0 $0
DAVID E OLSON DIRECTOR 1.00
Director
$0 $0 $0
JAMES H PROCTOR DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL S ROSENZWEIG DIRECTOR 1.00
Director
$0 $0 $0
FOSTER SOLEM DEPUTY GRAND MASTER 1.00
Director
$0 $0 $0
DAVID S WETHING DIRECTOR 1.00
Director
$0 $0 $0
PAM J WILLETTE DIRECTOR (THRU APRIL 2023) 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $76,912 $152,203 $1,605,245 $-75,291
2022 $83,353 $152,138 $855,952 $-68,785
2021 $-35,139 $14,035 $220,704 $-49,174
2021 $37,514 $50,747 $749,253 $-13,233
2019 $3,495 $11,563 $269,586 $-8,068
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MINNESOTA MASONIC HISTORIC BUILDINGS with other nonprofits in Minnesota and across the country.