Minnesota colleges and universities

There are 59colleges, universities, and technical schools in Minnesota. Combined, these Minnesotancolleges and universitiesemploy 71,025 people, earn more than $10 billion in revenue each year, and have assets of $32 billion.

Types of colleges and universities in Minnesota

Nonprofit typeNumberRevenues
59
$10,148,035,673
36
$9,218,275,561
9
$902,426,939
4
$27,040,961
Showing 4 of 4categories

Colleges and universities by major Minnesota cities

Metro areaNonprofitsRevenues
35
$2,303,384,612
5
$186,021,623
3
$259,153,084
3
$110,143,343
2
$7,075,590,269
1
$93,695,769
Showing 6 of 6metros

Job trends for Minnesota colleges and universities

Employees per organizationNumber of organizations
0
7
1-10
5
11-25
1
26-100
5
101 to 1,000
10
1,000+
17
Key takeaways for employment stats:

Sizes of colleges and universities in Minnesota

Revenues per organizationNumber of organizations
< $250k
6
$250k to $1M
4
$1M to $5M
7
$5M to $25M
5
$25M to $100M
9
$100M+
15
Key takeaways for revenue stats:
  • Large organizations like Mayo Clinic, University of St Thomas, Carleton College, St. Olaf College, and Macalester College earn the majority of revenues among nonprofits in Minnesota colleges and universities.
  • Organizations with less than $1 million in revenue account for 0.0% of combined nonprofit revenues, whereas organizations in Minnesota colleges and universities with more than $100 million account for 94.5% of nonprofit earnings.

Directory of colleges and universities in Minnesota


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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "B40: Higher Education Institutions" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.