HENNEPIN HEALTHCARE RESEARCH INSTITUTE

MINNEAPOLIS, MN, 55415-1623 (612) 873-3386 Est. 1952 EIN 41-1677920

H90— Medical Research Form 990 501(c)(3)

Mission

IMPROVE PATIENT CARE AND THE HEALTH OF OUR COMMUNITY THROUGH RESEARCH AND EDUCATION.

Total Revenue

$54,717,221

Total Expenses

$53,504,403

Net Assets

$64,917,547

266 employees 202 volunteers

From latest filing (tax period ending 2024-12-31)

Operating Reserve

14.6 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 4.2%

Expenses ↓ 3.4%

Revenue Sources

Contributions 96.0% Investment 4.0%

Expense Breakdown

Program 92.2% Management 7.8%

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Year	Revenue	Expenses	Net Assets
2024 Form 990 Jan 1, 2024 to Dec 31, 2024	$54,717,221 ↓	$53,504,403	$64,917,547
2023 Form 990 Jan 1, 2023 to Dec 31, 2023	$57,100,108 ↑	$55,410,594	$60,135,395
2022 Form 990 Jan 1, 2022 to Dec 31, 2022	$55,810,422 ↑	$49,868,509	$53,062,720
2021 Form 990 Jan 1, 2021 to Dec 31, 2021	$47,615,744 ↑	$45,048,467	$56,250,277
2020 Form 990 Jan 1, 2020 to Dec 31, 2020	$39,322,190	$38,458,228	$50,220,843