FURP.ORG / PUBLIC DATA EXPLORER

CAFESJIAN ART TRUST: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
CAFESJIAN ART TRUST (EIN 47-5043279)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-15
IRS object ID
202641359349101684
Schema version
2025v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-15T09:42:13-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN991856619PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1757 THIRD AVENUE 9TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100172013ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN475043279EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAFESJIAN ART TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCAFEBusinessNameControlTxt
Phone6123598991PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14600 CHURCHILL ST 1AddressLine1Txt
CitySHOREVIEWCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55126ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKATHLEEN BARADARANPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6123598991PhoneNum
Signature2026-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSCOTT THOMPSETTPreparerPersonNm
PTINP00741490PTIN
Phone2125990100PhoneNum
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$80,532,075FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$9,605ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$12,202InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$12,202InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$12,202InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$1,370,208DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,370,208DividendsNetInvstIncmAmt
Dividends Adj Net Incm$1,370,208DividendsAdjNetIncmAmt
Gross Rents Rev And Expnss$1GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$1GrossRentsNetInvstIncmAmt
Gross Rents Adj Net Incm$1GrossRentsAdjNetIncmAmt
Net Rental Income Or Loss$1NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$2,150,669NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$20,679,915GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$2,150,669CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$53,784NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$17,670OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$257OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$17,670OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$3,560,355TotalRevAndExpnssAmt
Total Net Invst Incm$3,533,337TotalNetInvstIncmAmt
Total Adj Net Incm$1,453,865TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$48,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$9,600CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$9,600CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$38,400CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$656,138OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$37,500OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm$37,500OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$618,638OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$205,918PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$4,747PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm$4,747PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$201,171PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$24,902LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$24,902LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$11,965AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$5,343AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$5,343AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$5,343AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$138,555OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$137,558OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$137,558OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$997OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$39,511TaxesRevAndExpnssAmt
Taxes Net Invst Incm$19,511TaxesNetInvstIncmAmt
Taxes Adj Net Incm$19,511TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$228,832DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$0DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss$134,838OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$0OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl$132,093OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$24,300TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm$0TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$24,300TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$365,722OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$881OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$881OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$363,471OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,878,681TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$215,140TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$215,140TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,409,315TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,878,681TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$215,140TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$215,140TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$1,409,315TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,681,674ExcessRevenueOverExpensesAmt
Net Investment Income$3,318,197NetInvestmentIncomeAmt
Adjusted Net Income$1,238,725AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$464,952CashBOYAmt
Cash EOY$362,376CashEOYAmt
Cash EOYFMV$362,376CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,299,474SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$3,081,799SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$3,081,799SavAndTempCashInvstEOYFMVAmt
Prepaid Expenses BOY$44,372PrepaidExpensesBOYAmt
Prepaid Expenses EOY$0PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$0PrepaidExpensesEOYFMVAmt
Corporate Stock BOY$37,483,923CorporateStockBOYAmt
Corporate Stock EOY$40,983,434CorporateStockEOYAmt
Corporate Stock EOYFMV$40,983,434CorporateStockEOYFMVAmt
Corporate Bonds BOY$2,259,196CorporateBondsBOYAmt
Corporate Bonds EOY$1,025,483CorporateBondsEOYAmt
Corporate Bonds EOYFMV$1,025,483CorporateBondsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$7,323,773LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$705,084LandBldgEquipAccumDeprecAmt
Land BOY$6,779,261LandBOYAmt
Land EOY$6,618,689LandEOYAmt
Land EOYFMV$6,618,689LandEOYFMVAmt
Other Assets BOY$28,257,299OtherAssetsBOYAmt
Other Assets EOY$28,460,294OtherAssetsEOYAmt
Other Assets EOYFMV$28,460,294OtherAssetsEOYFMVAmt
Total Assets BOY$76,588,477TotalAssetsBOYAmt
Total Assets EOY$80,532,075TotalAssetsEOYAmt
Total Assets EOYFMV$80,532,075TotalAssetsEOYFMVAmt
Accounts Payable BOY$18,930AccountsPayableBOYAmt
Accounts Payable EOY$18,955AccountsPayableEOYAmt
Total Liabilities BOY$18,930TotalLiabilitiesBOYAmt
Total Liabilities EOY$18,955TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$76,569,547RetainedEarningBOYAmt
Retained Earning EOY$80,513,120RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$76,569,547TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$80,513,120TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$76,588,477TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$80,532,075TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$76,569,547TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,681,674ExcessRevenueOverExpensesAmt
Other Increases$2,262,481OtherIncreasesAmt
Subtotal$80,513,702SubtotalAmt
Other Decreases$582OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$80,513,120TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)

PropertyPropertyDescGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtHow AcquiredHowAcquiredCd
LT CAPITAL GAIN ON SECURITIES$12,498,828$10,716,799$1,782,029$1,782,029
ST CAPITAL GAINS ON SECURITIES$7,856,338$7,802,554$53,784$53,784
GAIN ON SALE OF SCRAP METAL$49$49$49
LT LOSS ON DISPOSAL OF ART$9,893-$9,893-$9,893
CAPITAL GAINS DIVIDENDS$324,700$324,700$324,700P
FieldValueIRS element (for citing)
Capital Gain Net Income$2,150,669CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$53,784NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$46,123InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$46,123SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$46,123TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$24,592EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$24,592TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$21,531TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateMNOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (1)PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled EntityYes (1)OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksKATHLEEN BARADARANIndividualWithBooksNm
Phone6123598991PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14600 CHURCHILL ST SUITE 1AddressLine1Txt
CitySHOREVIEWCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55126ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonKATHLEEN N BARADARANPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14600 CHURCHILL ST SUITE 1AddressLine1Txt
CitySHOREVIEWCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55126ZIPCd
FieldValueIRS element (for citing)
TitlePRESIDENTTitleTxt
Average Hrs Per Wk Devoted To Pos12.30AverageHrsPerWkDevotedToPosRt
Compensation$48,000CompensationAmt
Employee Benefit Program$6,040EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
BEN ALBAUGH
4600 CHURCHILL ST SUITE 1SHOREVIEWMN55126FACILITIES MANAGER40.00$95,506$41,651$0
MANUEL RODRIGUEZ
4600 CHURCHILL ST SUITE 1SHOREVIEWMN55126PREPARATOR40.00$82,076$47,814$0
MARY AHLBERG
4600 CHURCHILL ST SUITE 1SHOREVIEWMN55126CURATOR OF ART40.00$85,000$26,644$0
LUCIANA MILLARD
4600 CHURCHILL ST SUITE 1SHOREVIEWMN55126TMS AND COLLECTIONS40.00$53,155$34,028$0
LINNEA SEIDLING
4600 CHURCHILL ST SUITE 1SHOREVIEWMN55126ASSISTANT CURATOR OF40.00$76,513$9,910$0
FieldValueIRS element (for citing)
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE NORTHERN TRUST COMPANYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 803878AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60680ZIPCd
FieldValueIRS element (for citing)
Service TypeINVESTMENT MANAGEMENTServiceTypeTxt
Compensation$137,558CompensationAmt
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE CAFESJIAN ART TRUST HOUSES A MODERN AND CONTEMPORARY ART COLLECTION LIKE NO OTHER. THE MUSEUM FEATURES 5000 SQUARE FEET OF EXHIBITION SPACE, INCLUDING A LIBRARY THAT IS AVAILABLE FOR RESEARCH. THE CAFESJIAN ART TRUST COLLECTION IS A 3,000+ PIECE ASSEMBLY OF BREATHTAKING WORKS INCLUDING STUDIO GLASS BY INTERNATIONAL ARTISTS SUCH AS DALE CHIHULY, MARY ANNE 'TOOTS' ZYNSKY, STANISLAV LIBENSK AND JAROSLAVA BRYCHTOV, AND MODERN AND CONTEMPORARY ARTWORK BY ARSHILE GORKY, VICTOR VASARELY, GEORGES BRAQUE AND MANY OTHER WORLD-RENOWNED ARTISTS.THE CAFESJIAN ART TRUST WAS ESTABLISHED BY THE FAMILY OF GERARD CAFESJIAN TO SHARE HIS COLLECTION OF CONTEMPORARY AND MODERN ART WITH THE PUBLIC. OUR MISSION IS TO PROVIDE AN AESTHETIC AND EDUCATIONAL EXPERIENCE THROUGH OUR COLLECTION FOR THE BENEFIT OF THE PUBLIC. THE MUSEUMS IS FREE AND OPEN TO THE PUBLIC FOR GUIDED TOURS.Description1Txt
Expenses1$1,555,484Expenses1Amt
Description2COSTS TO PROPERLY STORE AND MAINTAIN ART THAT WILL EVENTUALLY BE DISPLAYED IN THE MUSEUM AS IT ROTATES EXHIBITIONS.Description2Txt
Expenses2$145,812Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$40,132,546AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,150,162AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$43,282,708TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$43,282,708AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$649,241CashDeemedCharitableAmt
Net Vl Noncharitable Assets$42,633,467NetVlNoncharitableAssetsAmt
Minimum Investment Return$2,131,673MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,409,315ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$291,980CharitableAssetsAcquisPaidAmt
Qualifying Distributions$1,701,295QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling2016-06-07PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$1,238,725CurrentYearAmt
Year1$1,244,303Year1Amt
Year2$994,128Year2Amt
Year3$602,371Year3Amt
Total$4,079,527TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$1,052,916CurrentYearAmt
Year1$1,057,658Year1Amt
Year2$845,009Year2Amt
Year3$512,015Year3Amt
Total$3,467,598TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$1,701,295CurrentYearAmt
Year1$6,400,718Year1Amt
Year2$6,231,166Year2Amt
Year3$5,628,909Year3Amt
Total$19,962,088TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$0Year1Amt
Year2$0Year2Amt
Year3$2,030,000Year3Amt
Total$2,030,000TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$1,701,295CurrentYearAmt
Year1$6,400,718Year1Amt
Year2$6,231,166Year2Amt
Year3$3,598,909Year3Amt
Total$17,932,088TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$1,421,115CurrentYearAmt
Year1$1,357,995Year1Amt
Year2$1,257,973Year2Amt
Year3$1,293,783Year3Amt
Total$5,330,866TotalAmt

Total Support TotalSupportGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Public Support Type PublicSupportType

FieldValueIRS element (for citing)
Total$0TotalAmt

Largest Support From EO LargestSupportFromEOGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd
Total Grant Or Contri Pd Dur Yr$0TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Revenue Dtl ProgramServiceRevenueDtl (2 entries)

DescDescExclusionExclusionCdRelated Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
ART INSTALLATION FEES01$14,963
EXHIBITION FEES01$2,100

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$12,202ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,370,208ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion16ExclusionCd
Exclusion$1ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$607ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$2,150,669ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$3,533,687ExclusionAmt
Related Or Exempt Function Incm$17,063RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$3,550,750TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number1LineNumberTxt
Relationship StatementPART XV-A, LINES 1A-B ART INSTALLATION FEES AND EXHIBITION FEES PAID DURING THE YEAR WERE INCURRED IN THE FURTHERANCE OF THE FOUNDATION'S EXEMPT PURPOSE OF SUPPORTING THE PUBLIC EXHIBITIONS AND INSTALLATIONS PRESENTED BY THE CAFESJIAN CENTER FOR THE ARTS, A NONPROFIT CULTURAL INSTITUTION DEDICATED TO BRINGING CONTEMPORARY ART TO THE PUBLIC AND ADVANCING EDUCATIONAL AND CULTURAL PROGRAMMING THROUGH MUSEUM EXHBITIONS, LECTURES, AND RELATED INITATIVES. ALL SUCH FEES WERE PAID TO SUPPORT EXHIBITIONS AND INSTALLATIONS THAT ADVANCE PUBLIC ACCESS TO ART, CULTURAL ENRICHMENT, AND EDUCATIONAL ENGAGEMENT, CONSISTENT WITH THE FOUNDATION'S CHARITABLE PURPOSE.RelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREPARATION FEESCategoryTxt
Amt$11,965Amt
Net Investment Income$5,343NetInvestmentIncomeAmt
Adjusted Net Income$5,343AdjustedNetIncomeAmt
Disbursements Charitable Prps$5,343DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondCORPORATE BONDSBondNm
EOY Book Value$1,025,483EOYBookValueAmt
EOYFMV$1,025,483EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PUBLICLY TRADED SECURITIES$25,648,773$25,648,773
FIXED INCOME ETF$14,703,158$14,703,158
COMMODITY ETF$631,503$631,503

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryFREDRIKSON & BYRON, P.A.CategoryTxt
Legal Fees$24,902LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$24,902DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
ART$28,255,534$28,458,138$28,458,138
INTEREST RECIEVABLE$1,765$2,156$2,156

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescBOOK-TO-TAX ADJUSTMENTDesc
Amt$582Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (26 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ART RELATED EXPENSES$145,150$0$0$145,360
WEBSITE EXPENSES$42,100$0$0$42,100
INSURANCE EXP$28,322$0$0$28,322
COMPUTER & INTERNET EXPENSE$22,486$0$0$23,641
PAYROLL SERVICE FEES$19,832$635$635$19,832
SOFTWARE SUBSCRIPTION$19,426$0$0$19,426
ADVERTISING$18,111$0$0$17,511
TEMPORARY OFFICE HELP$15,321$0$0$15,321
EXHIBIT GRAND OPENINGS$13,593$0$0$10,843
EDUCATION & COMMUNITY ENGAGEMENT$13,569$0$0$13,000
LANDSCAPING AND MOVING$11,147$0$0$11,147
OFFICE SUPPLIES$6,194$0$0$6,616
COPIER MAINTENANCE & SUPPLIES$2,527$0$0$2,527
MEMBERSHIPS$2,214$0$0$2,214
EMERGENCY SUPPLIES$1,332$0$0$1,332
MEDICAL SUPPLIES & TRAINING$880$0$0$880
DOMAIN NAMES$719$0$0$719
POSTAGE & SHIPPING$558$0$0$558
SAFETY SUPPLIES$465$0$0$465
REPAIRS & MAINTENANCE - FORKLIFT$430$0$0$435
REPAIRS & MAINTENANCE - WAREHOUSE$397$0$0$397
KITCHEN SUPPLIES$324$0$0$324
BANK SERVICE CHARGE$246$246$246$0
BACKGROUND CHECK$204$0$0$226
MISC. EXPENSE$150$0$0$250
DUES & SUBSCRIPTIONS$25$0$0$25

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
OTHER INVESTMENT INCOME$257$257$257
OTHER INCOME$350$0$350
ART INSTALLATION FEES$14,963$14,963
EXHIBITION FEES$2,100$2,100

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAINS ON INVESTMENTDesc
Amt$2,262,481Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MANAGEMENT FEES$137,558$137,558$137,558$0
EMPLOYEE STAFFING FIRMS$997$0$0$997

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL EXCISE TAXES$20,000$0$0$0
FOREIGN TAXES$19,511$19,511$19,511$0

Transfers Frm Controlled Entities TransfersFrmControlledEntities

Transfers From Controlled Ent TransfersFromControlledEntGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CAT MUSEUM LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14600 CHURCHILL STAddressLine1Txt
CitySHOREVIEWCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55126ZIPCd
FieldValueIRS element (for citing)
EIN873647784EIN
DescRENTAL INCOMEDesc
Amt$1,400,000Amt
FieldValueIRS element (for citing)
Total$1TotalAmt

Transfers To Controlled Entities TransfersToControlledEntities

Transfers To Controlled Ent TransfersToControlledEntGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CAT MUSEUM LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14600 CHURCHILL STAddressLine1Txt
CitySHOREVIEWCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55126ZIPCd
FieldValueIRS element (for citing)
EIN873647784EIN
DescCAPITAL CONTRIBUTIONDesc
Amt$1,400,000Amt
FieldValueIRS element (for citing)
Total$1,400,000TotalAmt