Minnesota Masonic Historical Society and Museum
Nonprofit profile at a glance
- EIN
- 411788642
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-T 2024, Form 990-N 2014
- Location
- Bloomington, MN, USA
- Phone
- 9529487000
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $315,402
- Expenses
- $1,741,489
- Assets
- $19,110,892
- Liabilities
- $15,374,071
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- JOHN SCHWIETZ (CEO - CHARITIES)
- ERIC J NEETENBEEK (PRESIDENT - CHARITIES)
Highest reported compensation
- JOHN SCHWIETZ (CEO - CHARITIES): $403,013 total reported compensation
- SUE MORK THRU SEPTEMBER 2024 (CFO - CHARITIES): $265,142 total reported compensation
- ERIC J NEETENBEEK (PRESIDENT - CHARITIES): $217,612 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Minnesota masonic charities and affiliates' primary purposes are to help, aid and assist the masonic family and others, guided by the masonic principles of brotherly love, relief and truth, by (a) providing financial or other assistance to non-profit tax exempt entities that provide facilities for nursing care and elderly housing; facilities and programs for community, health, social services and education of the elderly; (b) promoting research and activities related to the treatment and cure of cancer, childhood language disorders, physical, emotional and mental maladies of the youth; (c) assisting students in obtaining higher education; (d) the collection, preservation and dissemination of historical knowledge about masonry in Minnesota; and (e) to engage in, advance, support, promote, and administer charitable causes and projects that aid, assist, and contribute to the support of corporations, trusts, associations, and foundations that are exempt from federal income taxes.
What it reported doing in 2024
The historical society operates the Minnesota masonic heritage center (mmhc), which provides a venue where the history and philosophy of freemasonry is displayed to and interpreted for the public as well as the craft. In addition to history and philosophy, however, the mmhc affords a venue for private and public events where the focus is not on masonry but on the wants and needs of the event organizer.
Operating model
- Revenue model
- Other-operating. 87% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 65
- Accountability: 91
- Sustainability: 31
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.9%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -452.1%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 10.97; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.8; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 4.9%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 5% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 9.6% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: -0.7% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.9% of spending went to programs
- Governance: 13 of 13 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.7M in reported program spending
- Leadership: top reported pay $403K · 21 people listed · 0 of 6 pay-setting controls reported
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Related organizations: 10 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.