BLOOMINGTON, MN
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)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.
TO PROTECT, PRESERVE, RESTORE, MANAGE, MAINTAIN, OWN, AND OPERATE, DIRECTLY OR INDIRECTLY, THE HISTORIC MASONIC BUILDINGS LOCATED IN MINNESOTA.
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...
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PLACES AND WHICH CURRENTLY MAINTAINS, INTER ALIA, A MULTI-VOLUME HISTORIC LIBRARY, NUMEROUS VALUABLE COLLECTIONS AND HISTORICAL DOCUMENTS WITH RESPECT TO BOTH THE CITY OF DULUTH AND STATE OF MINNESOTA HISTORY, AND HISTORIC RARE HAND-PAINTED THEATRICAL SCENIC BACKDROPS AND SCOTTISH RITE AUDITORIUM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.
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)| 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% |
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| 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 |
| 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 |
Compare MINNESOTA MASONIC HISTORIC BUILDINGS with other nonprofits in Minnesota and across the country.