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Funding

Minnesota · Nonprofit

WALKER ART CENTER

WALKER ART CENTER (Minnesota) receives grants from 139 organizations whose IRS filings report $39,403,836 to it, the largest being THE MINNEAPOLIS FOUNDATION ($7,578,717). 91 of them have funded it in more than one year.

$54M
Revenue FY2025
139
Funders on record
$39M
Grants received
$445M
Net assets
91/139 repeat funderspeak grant-dependency 39%

Against its field

WALKER ART CENTER runs a healthier operating margin than three-quarters of the 501 arts & culture nonprofits its size.

Operating margin41% · top quartile
Months of reserve7.6mo · top quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 501 arts & culture nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($29M) Expenses 100 ($31M) Net assets 100 ($299M)2018 Revenue 89 ($25M) Expenses 86 ($27M) Net assets 102 ($304M)2019 Revenue 62 ($18M) Expenses 81 ($25M) Net assets 103 ($308M)2020 Revenue 33 ($9.4M) Expenses 73 ($23M) Net assets 101 ($301M)2021 Revenue 177 ($50M) Expenses 75 ($23M) Net assets 125 ($373M)2022 Revenue 74 ($21M) Expenses 80 ($25M) Net assets 117 ($350M)2023 Revenue 119 ($34M) Expenses 97 ($30M) Net assets 120 ($360M)2024 Revenue 213 ($61M) Expenses 94 ($29M) Net assets 136 ($406M)2025 Revenue 187 ($54M) Expenses 102 ($32M) Net assets 149 ($445M)
'17'18'19'20'21'22'23'24'25
Revenue (187)Expenses (102)Net assets (149)Peer revenue range

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

Government-grant reliance: 2017 4% · 2018 4% · 2019 6% · 2020 26% · 2021 6% · 2022 17% · 2023 3% · 2024 2% · 2025 5%. Grants only. Government contracts and fees sit inside program revenue.

46% of WALKER ART CENTER’s revenue is contributions — about as donation-reliant as the typical peer (58% for the typical peer).

This organization
Typical peer · 816 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$2.5M
17
$1.4M
18
$7.5M
19
$13M
20
$27M
21
$3.9M
22
$4.1M
23
$32M
24
$22M
25
7.6
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 45 funders to 64 funders, grant income fell $4.2M → $2.3M.

18 of 139 of your funders are donor-advised or pass-through sponsors (tagged DAF)41% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $2.3M from one payer (the payer shares this organization's board, largest Oakleaf Endowment Trust for the Walker Art Center). These are real filings, and they are not money WALKER ART CENTER raised.

From the IRS filings of WALKER ART CENTER’s funders (the co-funder graph). Top 30 of 139 funders by total. 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.

How concentrated its funding is

WALKER ART CENTER has a broad base — no single funder exceeds 19% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WALKER ART CENTER.

19%
largest funder
42%
top three
~12
effective funders

Largest funder’s share by year: 2017 20% · 2018 48% · 2019 36% · 2020 14% · 2021 35% · 2022 13% · 2023 18%broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.

How long its funders stay

46% of WALKER ART CENTER's funders are still giving 3 years after their first grant; 65% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

51% of WALKER ART CENTER's grant income comes from Minnesota funders.

VT
MN
IL
WI
NY
MA
NV
WY
PA
NJ
CT
CA
VA
MD
DE
AZ
NM
NC
DC
LA
TX
FL

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

17
18
19
20
21
22
23
Minnesota out of state home

Funder states come from each funder’s own filing. $16M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 139 funders put you typical among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding WALKER ART CENTER receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.2M on record.

Federal$2.2M
grants $2.2Mcontracts $0
17
18
19
20
21
22
23
24
Top agencies
  • Institute of Museum and Library Services$1.2M
  • National Endowment for the Humanities$591k
  • National Endowment for the Arts$380k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like WALKER ART CENTER

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

In Minnesota

Nationally

04Profile & governance

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

Where the money goes

67% of spending goes to programs.

Program 67%Management 28%Fundraising 6%

Governance

49
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

60%

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 WALKER ART CENTER: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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

Questions and answers

Who funds WALKER ART CENTER?
WALKER ART CENTER (Minnesota) receives grants from 139 organizations whose IRS filings report $39,403,836 to it, the largest being THE MINNEAPOLIS FOUNDATION ($7,578,717). 91 of them have funded it in more than one year.
How many funders does WALKER ART CENTER have?
IRS filings report 139 organizations giving $39,403,836 in grants to WALKER ART CENTER, 91 of which have funded it in more than one year.
Who is the largest funder of WALKER ART CENTER?
THE MINNEAPOLIS FOUNDATION is the largest funder on record, with $7,578,717 in grants. The full list of funders is on this page.
How can an organization like WALKER ART CENTER 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.

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 139funders 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 August 27, 2026. What this page cannot tell you · view filing