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Minnesota · Nonprofit

LAKE SUPERIOR MARINE MUSEUM ASSOCIATION

LAKE SUPERIOR MARINE MUSEUM ASSOCIATION (Minnesota) receives grants from 1 organization whose IRS filings report $850 to it, the largest being XCEL ENERGY FOUNDATION ($850). 1 of them have funded it in more than one year.

Revenue FY2025
$116k
Funders on record
1
Grants received
$850
Net assets
$380k
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Lake Superior Marine Museum Association does

Mission

Education

As stated on its FY2025 Form 990-EZ.

Programs

  1. Lsmma - supports the lake superior maritime visitor center with exhibits and the marine collection. Total visitors in 2025 = 182,000

    $68,399 spent
    65% of program spending
  2. Gales of november 2025 seminar - 209 registrations for the friday and saturday programs.

    $23,728 spent
    22% of program spending
  3. Published quarterly journal recording maritime history of area, distributed to approximately 370 members and others.

    $13,660 spent
    13% of program spending

The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $105,787.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($118k) Expenses 100 ($158k) Net assets 100 ($224k)2018 Revenue 77 ($91k) Expenses 49 ($77k) Net assets 102 ($228k)2019 Revenue 68 ($80k) Expenses 45 ($71k) Net assets 112 ($252k)2020 Revenue 37 ($43k) Expenses 36 ($57k) Net assets 111 ($249k)2021 Revenue 39 ($46k) Expenses 30 ($47k) Net assets 117 ($262k)2022 Revenue 88 ($103k) Expenses 28 ($45k) Net assets 133 ($297k)2023 Revenue 75 ($89k) Expenses 41 ($65k) Net assets 156 ($350k)2024 Revenue 88 ($104k) Expenses 50 ($78k) Net assets 174 ($391k)2025 Revenue 98 ($116k) Expenses 90 ($142k) Net assets 170 ($380k)
'17'18'19'20'21'22'23'24'25
Revenue (98)Expenses (90)Net assets (170)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $297k to $359k (+21%).

$225k
$229k
$252k
$249k
$262k
$297k
$359k
$391k
$382k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

77% of LAKE SUPERIOR MARINE MUSEUM ASSOCIATION’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$40k
’17
$14k
’18
$9k
’19
−$14k
’20
−$1k
’21
$59k
’22
$24k
’23
$26k
’24
−$26k
’25
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income held at $150.

Funder
'19
'20
'21
'22
'23
'24*
total
funders
1
1
1
1
1
1

From the IRS filings of LAKE SUPERIOR MARINE MUSEUM ASSOCIATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of LAKE SUPERIOR MARINE MUSEUM ASSOCIATION's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LAKE SUPERIOR MARINE MUSEUM ASSOCIATION receives grants from 1 organization whose IRS filings report $850 to it.

Operating margin−22% · bottom quartile
Revenue growth (annualized)−0% · bottom quartile

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like LAKE SUPERIOR MARINE MUSEUM ASSOCIATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

68%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for LAKE SUPERIOR MARINE MUSEUM ASSOCIATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LAKE SUPERIOR MARINE MUSEUM ASSOCIATION?
LAKE SUPERIOR MARINE MUSEUM ASSOCIATION (Minnesota) receives grants from 1 organization whose IRS filings report $850 to it, the largest being XCEL ENERGY FOUNDATION ($850). 1 of them have funded it in more than one year.
How many funders does LAKE SUPERIOR MARINE MUSEUM ASSOCIATION have?
IRS filings report 1 organization giving $850 in grants to LAKE SUPERIOR MARINE MUSEUM ASSOCIATION, 1 of which have funded it in more than one year.
Who is the largest funder of LAKE SUPERIOR MARINE MUSEUM ASSOCIATION?
XCEL ENERGY FOUNDATION is the largest funder on record, with $850 in grants. The full list of funders is on this page.
How can an organization like LAKE SUPERIOR MARINE MUSEUM ASSOCIATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Lake Superior Marine Museum Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing