Funding
Minnesota Public Radio is a nonprofit, 501(c)(3) organization and relies on contributions from listeners, foundations, educational partners and corporations for its general operations. It also receives support through underwriting on the air and on the Web.
Listener contributions, corporations, foundations and educational partners account for approximately 60 percent of MPR’s total budget. Additional funding is provided by the Corporation for Public Broadcasting. The State of Minnesota provides modest capital grants to upgrade infrastructure and equipment in greater Minnesota, but does not provide operating funding to the organization. MPR also receives operating funding through the sale of on-air and online underwriting.
Like other large nonprofit organizations with similar business models, additional funding for MPR comes from the for-profit Greenspring Media, a subsidiary of the parent nonprofit American Public Media Group (APMG), through sales of the magazine Minnesota Monthly and other ventures including the Pretty Good Goods catalog. The for-profit Rivertown Trading Company, once a subsidiary of MPR’s parent company, was sold in 1998 for $124 million. Profits went toward creating MPR’s endowment, a percentage of which contributes to MPR's overall annual budget.
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