NonprofitsThe Bakken

Arts, Culture & Humanities

The Bakken

MINNEAPOLIS, MN

Total revenue

$1.7M

Total expenses

$2.7M

Net assets

$15.8M

Grants received

$1.5M

45 grants

EIN

510175508

Tax year

2024

Mission

To inspire a passion for innovation

Programs

2 programs

Public programs: the bakken inspires a passion for innovation for all children, families, and adults visiting the museum. Programming includes educational activities for children such as discovery days and science studios, tours, evening events for adults, and partnerships with community organizations .

Expenses: $382K

Exhibits and collections: the bakken's exhibits are hands-on displays that educate, inspire, and spark innovation within our visitors. The bakken's underground vaults house a collection of artifacts and books. The scope of the collections is the intersection of the history of electricity and magentism, and the life sciences and medicine. The collections reflect earl bakken's belief in the importance of studying history, self-inquiry, and experimentation. They are open to the public and available for research and are being utilized in our exhibits.

Expenses: $323K

Financials

FY 2024

Revenue

Contributions & grants$864K
Program service revenue$741K
Investment income$206K
Other revenue
Total revenue$1.7M

Expenses

Grants paid
Salaries & benefits$1.6M
Fundraising$293K
Other expenses$1.1M
Total expenses$2.7M
Total assets$16.5M
Net assets$15.8M

People

28 listed

NameRoleCompensation

CHERYL JENSEN

INTERIM CEO

Board

$73K

40 hrs/wk

ALISSA LIGHT

PRESIDENT & CEO - PART YEAR

Board

$45K

40 hrs/wk

BRAD BAKKEN

PAST CHAIR

Board

2 hrs/wk

MARK VAN OSNABRUGGE

VICE CHAIR

Board

2 hrs/wk

PAULA SKJEFTE

TREASURER

Board

2 hrs/wk

CAROLINE BYRD

SECRETARY

Board

2 hrs/wk

BARB STINNETT

DIRECTOR

Board

2 hrs/wk

CARL STAMP

DIRECTOR

Board

2 hrs/wk

DOUG PAULSON

DIRECTOR

Board

2 hrs/wk

DR MARY JO KREITZER

DIRECTOR

Board

2 hrs/wk

GEORGINE L BUSCH

DIRECTOR

Board

2 hrs/wk

HEATHER CAMPE

DIRECTOR

Board

2 hrs/wk

JEFF HILLINS

DIRECTOR

Board

2 hrs/wk

JESSICA BURDETTE

DIRECTOR

Board

2 hrs/wk

JOHN URIBE

DIRECTOR

Board

2 hrs/wk

MATT BOEHLKE

DIRECTOR

Board

2 hrs/wk

MOLLY SANFORD

DIRECTOR

Board

2 hrs/wk

RAQUEL BRISKIN

DIRECTOR

Board

2 hrs/wk

REBECCA BERGMAN

DIRECTOR

Board

2 hrs/wk

STACY LYNN KROMENHOEK

DIRECTOR

Board

2 hrs/wk

CHANCEY ANDERSON

DIRECTOR

Board

2 hrs/wk

ADITEE KURANE

DIRECTOR

Board

2 hrs/wk

RYAN JOHNSON

DIRECTOR

Board

2 hrs/wk

MUKUND PRAJAPATI

DIRECTOR

Board

2 hrs/wk

DEREK MCCALLUM

DIRECTOR

Board

2 hrs/wk

JEFFREY RAINEY

DIRECTOR

Board

2 hrs/wk

NATALIE NARANJO

DIRECTOR

Board

2 hrs/wk

HEATHER WALCH

CHAIR

Board

2.5 hrs/wk

Independent contractors

TK ELEVATOR

ELEVATOR MAINTENANCE AND REPAIR

$114K

Grants received

Showing 45 of 45

FromAmountPurposeYear
$20K
DONOR ADVISED, ARTS, CULTURE, HUMANITIES
2024
$10K
SUPPORT CHARITABLE PURPOSE
2024
$6K
GENERAL SUPPORT
2024
$5K
GENERAL OPERATING FUND
2024
$100K
MILESTONE BASED PAYMENT
2023
$33K
ARTS- CULTURE- HUMANITIES, DONOR-ADVISED, ARTS- CULTURE- HUMANITIES
2023
$20K
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
2023
$11K
Legacy Grant for Projects for Audio Tour Production and Exhibition Renewal and Translation
2023
$10K
STEM CAREER PATHWAYS
2023
$5K
CHARITABLE DONATION
2023
$5K
COMMUNITY SERVICE
2023
$5K
GENERAL OPERATING FUND
2023
$200K
MILESTONE BASED PAYMENT AND BAKKEN MUSEUM LEGACY GRANT
2022
$46K
Legacy Grant for Cross-Sectional Medical Alley Oral Histories Project
2022
$38K
DONOR-RECOMMENDED, ARTS & CULTURE
2022
$20K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2022
$12K
GENERAL SUPPORT
2022
$11K
STEM CAREER PATHWAYS / VOLUNTEER ENERGY
2022
$10K
CULTURE & ARTS
2022
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$10K
Youth STEM Education Grant
2022
$7K
For grant recipient's exempt purposes
2022
$250
GENERAL OPERATING FUND
2022
$37K
ARTS & CULTURE
2021
$20K
Legacy Grants For Evaluation Of Building Compliance And Earl Bakken Exhibition Treatment Process
2021
$10K
CULTURE & ARTS
2021
$10K
EDUCATION GRANT
2021
$500K
PATHWAY TO SUSTAINABILITY
2020
$100K
BAKKEN MUSEUM GENERAL OPERATING
2020
$61K
MULTIPLE PURPOSES
2020
$13K
GENERAL OPERATING SUPPORT
2020
$13K
2020 EDUCATION GRANT
2020
$10K
Legacy grants for processing the Earl Bakken Legacy Collection
2020
$7K
GENERAL CHARITABLE OPERATIONS
2020
$5K
STEM VIRTUAL PROGRAMMING
2020
$100
GENERAL OPERATING FUND
2020
$10K
GENERAL OPERATING SUPPORT
2019
$5K
General Charitable Operation
2019
$10K
GENERAL OPERATING SUPPORT
2018
$1K
GENERAL USE OF CHARITY
2018
$15K
GRANTOR REQUIREMENT
2017
$10K
STEM PROGRAMING
2017

Funded by

$1.5M from 21 funders · 45 grants · 2017–2024

Medtronic Communities Foundation

$900K · 4 grants · 2020–2023

The Minneapolis Foundation

$171K · 8 grants · 2017–2024

Saint Paul & Minnesota Foundation

$101K · 3 grants · 2020–2023

Minnesota Historical Society

$87K · 4 grants · 2020–2023

Xcel Energy Foundation

$44K · 4 grants · 2020–2023

The Richard M Schulze Family Foundation

$25K · 2 grants · 2020–2022

National Philanthropic Trust

$20K · 2 grants · 2021–2022

The Blackbaud Giving Fund

$17K · 2 grants · 2022–2024

Details

EIN510175508
NTEE codeA570
Subsection03
Ruling date1975-12
Formed1975
Employees42
Volunteers124
THE BAKKEN — Mission, Financials & Grants Received | Grantivo