Nonpartisan civic infrastructure
AllCiv·Legis1
·

Minneapolis College of Art & Design

Public charityFed auditsIRS 990
DBA: % ACCOUNTING DEPARTMENT
Other · MINNEAPOLIS, MN · EIN 41-1607453

About

MCAD provides a transformative education within a community of support for creative students of ALL backgrounds to work, collaborate, and lead with confidence in a dynamic, interconnected world.

In care of Accounting Department

Donations are tax-deductible
Category
Other
Employees
804
Volunteers
40

Financial Snapshot

FY ending 2024-05-31
Revenue
$45.8M
Expenses
$44.3M
Assets
$109.1M
Liabilities
$29.0M

Financial history

$45.8M$22.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $45.8M · Avg: $37.7M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
$0
Lobbying
$119K
Grants Given
$16.3M
MINNEAPOLIS COLLEGE OF ART & DESIGN
Your actions

Address

2501 Stevens AVE
Minneapolis, MN, 55404-434

Governance

Voting board members24
Independent members23
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %27.0%
Permanent endowment %73.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.