Arts, Culture, Humanities : Museums

The Bakken Museum

A one-of-a-kind museum exploring the mysteries of our electrical world

three stars

86.15

3537 Zenith Avenue South Minneapolis, MN 55416
tel: (612) 926-3878   Web Site
EIN: 51-0175508

Board Leadership
Brad Bakken
President

CEO
Michael Sanders
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 86.15 three stars
  Financial 80.83 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The Bakken Museum is a one-of-a-kind museum exploring the mysteries of our electrical world. Inspiring a passion for science and its potential for social good by helping people explore the history and nature of electricity and magnetism. It is a museum with electrifying exhibits and activities that are fun for kids and families and an education center that offers top quality hands-on programs for students and teachers. The Bakken has the world's leading collection of books and artifacts on the history of electricity in life.

The Bakken Museum is a one-of-a-kind museum exploring the mysteries of our electrical world. Inspiring a passion for science and its potential for social good by helping people explore the history and nature of electricity and magnetism. It is a museum with electrifying exhibits and activities that are fun for kids and families and an education center that offers top quality hands-on programs for students and teachers. The Bakken has the world's leading collection of books and artifacts on the history of electricity in life.

Impact Information

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Financial

three stars

80.83

Accountability & Transparency

four stars

96.00

This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
74.4%
  Administrative Expenses 13.6%
  Fundraising Expenses 11.9%
  Fundraising Efficiency $0.25
  Working Capital Ratio (years) 2.84
  Program Expenses Growth 1.4%
  Liabilities to Assets 2.0%
All data for Financial Performance Metrics calculations was provided by The Bakken Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Bakken Museum on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,779,075
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,779,075
   Program Service Revenue $659,310
Total Primary Revenue $2,438,385
   Other Revenue $18,310
TOTAL REVENUE $2,456,695
   
EXPENSES  
   Program Expenses $1,729,093
   Administrative Expenses $384,090
   Fundraising Expenses $351,575
TOTAL FUNCTIONAL EXPENSES $2,464,758
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-8,063
   
Net Assets $7,169,457

Charts

Compensation % of Expenses Paid to Title
$119,750 4.85% Michael Sanders Executive Director

Mission

The Bakken Museum is a one-of-a-kind museum exploring the mysteries of our electrical world. Inspiring a passion for science and its potential for social good by helping people explore the history and nature of electricity and magnetism. It is a museum with electrifying exhibits and activities that are fun for kids and families and an education center that offers top quality hands-on programs for students and teachers. The Bakken has the world's leading collection of books and artifacts on the history of electricity in life.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Bakken Museum (MN) 86.15 three stars
Discovery Place (NC) 90.80 four stars
The Franklin Institute (PA) 87.99 three stars
Mid-America Science Museum (AR) 93.07 four stars
Museum of Science (MA) 90.09 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

The Bakken Museum
3537 Zenith Avenue South
Minneapolis, MN 55416
tel: (612) 926-3878
EIN: 51-0175508

Visit Web Site

Board Leadership

Brad Bakken
President

CEO

Michael Sanders
Executive Director