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Minneapolis Society of FINE Arts

Public charity990-T FY2023
DBA: DBA MINNEAPOLIS INSTITUTE OF ARTS
Other · MINNEAPOLIS, MN · EIN 41-0693915

About

The minneapolis institute of art (MIA) enriches the community by collecting, preserving, and making accessible outstanding works of art from the world's diverse cultures.

DBA DBA Minneapolis Institute of Arts

Donations are tax-deductible
Category
Other
Employees
348
Volunteers
463

Financial Snapshot

FY ending 2023-06-30
Revenue
$63.9M
Expenses
$50.8M
Assets
$386.1M
Liabilities
$7.0M

Financial history

$63.9M$32.0M$0
1617181920212223
RevenueExpenses
Latest FY2023: $63.9M · Avg: $47.4M

Foreign activity (Schedule F)

Total spent abroad$89.3M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN
EUROPE

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
$60K
Grants Given
MINNEAPOLIS SOCIETY OF FINE ARTS
Your actions

Address

2400 3RD AVE S
Minneapolis, MN, 55404-350

Governance

Voting board members57
Independent members57
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %14.9%
Permanent endowment %74.0%
Endowment held by related orgYes
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.