MINNEAPOLIS SOCIETY OF FINE ARTS: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
MINNEAPOLIS SOCIETY OF FINE ARTS (EIN 41-0693915)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-13
IRS object ID
202121339349305697
Schema version
2019v5.2
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)
Return2021-05-13T18:07:25-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1220 S 6TH STREET SUITE 300AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN410693915EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MINNEAPOLIS SOCIETY OF FINE ARTSBusinessNameLine1Txt
Business Name Line2DBA MINNEAPOLIS INSTITUTE OF ARTSBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMINNBusinessNameControlTxt
Phone6128703046PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12400 THIRD AVENUE SOUTHAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55404ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPATRICIA GRAZZINIPersonNm
Person TitleINTERIM DIRECTOR/DEPUTY DIR/COPersonTitleTxt
Phone6128703046PhoneNum
Signature2021-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJENNIFER TINGLEYPreparerPersonNm
PTINP01485570PTIN
Phone6123764500PhoneNum
Preparation2021-05-11PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1MINNEAPOLIS INSTITUTE OF ARTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerPATRICIA GRAZZINIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12400 THIRD AVENUE SOUTHAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55404ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$98,010,993GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ARTSMIA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1883FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionENRICHING COMMUNITY BY COLLECTING, PRESERVING AND MAKING ACCESSIBLE OUTSTANDING WORKS OF ARTActivityOrMissionDesc
Voting Members Governing Body54VotingMembersGoverningBodyCnt
Voting Members Independent53VotingMembersIndependentCnt
Total Employee444TotalEmployeeCnt
Total Volunteers692TotalVolunteersCnt
Total Gross UBI$114,701TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$23,198NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$24,686,389PYContributionsGrantsAmt
CY Contributions Grants$26,441,849CYContributionsGrantsAmt
PY Program Service Revenue$4,556,061PYProgramServiceRevenueAmt
CY Program Service Revenue$3,028,366CYProgramServiceRevenueAmt
PY Investment Income$19,514,422PYInvestmentIncomeAmt
CY Investment Income$3,460,701CYInvestmentIncomeAmt
PY Other Revenue$184,454PYOtherRevenueAmt
CY Other Revenue$456,880CYOtherRevenueAmt
PY Total Revenue$48,941,326PYTotalRevenueAmt
CY Total Revenue$33,387,796CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$21,089,487PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$23,768,749CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$61,622PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,317,116CYTotalFundraisingExpenseAmt
PY Other Expenses$28,042,645PYOtherExpensesAmt
CY Other Expenses$16,639,163CYOtherExpensesAmt
PY Total Expenses$49,193,754PYTotalExpensesAmt
CY Total Expenses$40,407,912CYTotalExpensesAmt
PY Revenues Less Expenses-$252,428PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$7,020,116CYRevenuesLessExpensesAmt
Total Assets BOY$332,242,588TotalAssetsBOYAmt
Total Assets EOY$328,598,864TotalAssetsEOYAmt
Total Liabilities BOY$13,351,160TotalLiabilitiesBOYAmt
Total Liabilities EOY$12,056,299TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$318,891,428NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$316,542,565NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MINNEAPOLIS INSTITUTE OF ART (MIA) ENRICHES THE COMMUNITY BY COLLECTING, PRESERVING, AND MAKING ACCESSIBLE OUTSTANDING WORKS OF ART FROM THE WORLD'S DIVERSE CULTURES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$18,999,082ExpenseAmt
Grant$0GrantAmt
Revenue$767,231RevenueAmt
DescEXHIBITIONS: - JONATHAN HERRERA SOTO: IN BETWEEN / UNDERNEATH (ENTREMEDIO / POR DEBAJO)- RETHINKING HISTORIES: WORKS FROM MIA'S COLLECTION- GRACIELA ITURBIDE'S MEXICO- STRONG WOMEN, FULL OF LOVE: THE PHOTOGRAPHY OF MEADOW MUSKA- WORLD IN MINIATURE: CHINESE SNUFF BOTTLES FROM THE MINNEAPOLIS INSTITUTE OF ART- COLOR WOODCUTS IN THE ARTS AND CRAFTS ERA- ARTISTS RESPOND: AMERICAN ART AND THE VIETNAM WAR, 1965-1975- ARTISTS REFLECT: CONTEMPORARY VIEWS ON THE AMERICAN WAR- NGUYEN TRINH THI: FIFTH CINEMA- THE ENDURING SOUL- ALYSSA BAGUSS: YOU WERE NEVER HERE- STORYTELLING: JULIE BUFFALOHEAD- WINTERLIGHTS AT THE PURCELL-CUTTS HOUSE 2019- RECENT ACQUISITIONS: FIBER ART AT MIA- FROSTY WEATHER, SNOWY WEATHER- CAPTIVE BEAUTIES: DEPICTIONS OF WOMEN IN LATE IMPERIAL CHINA- ABSTRACT PRINTS BY HAGIWARA HIDEO- JUST KIDS- VISION 2020: CONTEMPORARY PHOTOGRAPHIC PORTRAITS AT MIA- YOSHITOSHI: MASTER DRAFTSMAN TRANSFORMED- HARRIET BART: ARTIST BOOKS + WORKS ON PAPER- CLOTH PAPER SCISSORS: HELENA HERNMARCK WEAVES THE EVERYDAYDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,694,438ExpenseAmt
Grant$0GrantAmt
Revenue$594,350RevenueAmt
DescACQUISITIONS: ACQUISITIONS BRING NEW STRENGTH TO THE COLLECTION. THE PERMANENT COLLECTION IS ALWAYS AT THE CORE OF OUR WORK. IN FY20, 1,540 EXCEPTIONAL OBJECTS WERE ACQUIRED ENRICHING EACH OF THE 8 CURATORIAL AREAS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$3,979,157ExpenseAmt
Grant$0GrantAmt
Revenue$273,430RevenueAmt
DescEDUCATIONAL OUTREACH AND PUBLIC PROGRAMS:- MIA'S ART ADVENTURE PROGRAM SERVED MORE THAN 57,411 KIDS IN 160 SCHOOLS ACROSS THE STATE.- ANOTHER 27,623 KIDS CAME TO MIA ON SCHOOL TOURS.- MIA TRAINED 1,564 PARENT VOLUNTEERS TO LEAD IN-SCHOOL ART ADVENTURE LESSONS.- MIA PROVIDED FREE BUS GRANTS TO SCHOOLS IN NEED, ENABLING MORE THAN 2,386 STUDENTS TO VISIT THE MUSEUM.- MIA'S FREE MONTHLY FAMILY DAYS HAD 32,000 ATTENDEES.- ROCK THE CRADLE, A SPECIAL FAMILY DAY IN FEBRUARY, DREW 7,000 VISITORS IN ONE DAY.- RATED T @ MIA, A FREE TEEN SOCIAL EVENT, HELD TWO EVENTS WITH 370 TEENS ATTENDING.- MOBILE MIA, THE MUSEUM'S SPECIALLY DESIGNED BICYCLE, DELIVERED ART ACTIVITIES TO 400 YOUTH AND FAMILIES.- ABOUT 100 VISITORS PARTICIPATED IN MIA'S TOUCH TOURS FOR VISITORS WHO ARE BLIND OR HAVE LOW VISION, ASL-INTERPRETED TOURS, AND TOURS FOR ENGLISH LANGUAGE LEARNERS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$6,158,612ExpenseAmt
Grant$0GrantAmt
Revenue$821,805RevenueAmt
DescFY 2020 ATTENDANCE 416,471MIA MEMBERSHIP 58,820PROGRAM OVERVIEW: WITH A STRONG COMMITMENT TO OUTREACH AND EDUCATION, MIA COMPLEMENTS ITS COLLECTION AND EXHIBITIONS WITH A WIDE ARRAY OF PUBLIC PROGRAMS, CLASSES, LECTURES, AND SPECIAL EVENTS. THROUGH MIA'S COMPREHENSIVE SCHOOL SERVICES PROGRAM, EDUCATORS AND COMMUNITY VOLUNTEERS DURING FISCAL YEAR 2020 BROUGHT ART INTO THE LIVES OF OVER 97,883 STUDENTS, THROUGH BOTH CLASSROOM AND MUSEUM VISITS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$6,158,612TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$821,805TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$31,831,289TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document198IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee444EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members54GoverningBodyVotingMembersCnt
Independent Voting Member53IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSTEVE BADERPersonNm
Phone6128703062PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12400 THIRD AVENUE SOUTHAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55404ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (66 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
PATRICIA GRAZZINI
INTERIM DIRECTOR/DEPUTY DIRECTOR/COO40.000.00Yes (X)$513,864$0$32,688
MATTHEW WELCH
DEPUTY DIRECTOR AND CHIEF CURATOR40.000.00$274,370$0$19,058Yes (X)
DOUGLAS HEGLEY
CHIEF DIGITAL OFFICER40.000.00$215,923$0$23,431Yes (X)
JULIANNE AMENDOLA
CHIEF ADVANCEMENT OFFICER40.000.00$203,843$0$15,742Yes (X)
KRISTIN PRESTEGAARD
CHIEF ENGAGEMENT OFFICER40.000.00$193,447$0$15,284Yes (X)
PATRICK NOON
HEAD OF PAINTINGS40.000.00$186,412$0$18,044Yes (X)
YANG LIU
CURATOR OF CHINESE ART40.000.00$161,547$0$20,619Yes (X)
ANDREAS MARKS
CURATOR OF JAPANESE AND KOREAN ARTS40.000.00$167,282$0$13,629Yes (X)
GHENETE ZELLEKE
CURATOR OF DECREATIVE ARTS, TEXTILES, AND SCULPTUR40.000.00$166,939$0$13,718Yes (X)
KAYWIN FELDMAN
DIRECTOR40.000.00$157,197$0$15,948Yes (X)
MICHELLE KLEIN
CHIEF OF STAFF40.000.00Yes (X)$102,680$0$12,760
MICHELE NICHOLS
SECRETARY40.000.00Yes (X)$37,515$0$3,625
DAVID WILSON
BOARD CHAIR1.000.00Yes (X)$0$0$0Yes (X)
KARI ALLDREDGE
VICE CHAIR1.000.00Yes (X)$0$0$0Yes (X)
GAYLE FUGUITT
VICE CHAIR1.000.00Yes (X)$0$0$0Yes (X)
LENI MOORE
SECRETARY1.000.00Yes (X)$0$0$0Yes (X)
LIZ NORDLIE
TREASURER1.000.00$0$0$0Yes (X)
ELIZABETH ANDRUS
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
CHANDA SMITH BAKER
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
MAURICE BLANKS
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
JOHN BUTCHER
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
JENNIE CARLSON
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
LYNN CASEY
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
BERT COLIANNI
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
PAGE KNUDSEN COWLES
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
KITTY CROSBY
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
KEN CUTLER
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
JANE EMISON
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
NANCY ENGH
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
MICHAEL FRANCIS
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
MICHAEL GOAR
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
MARTHA HEAD
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
MARY INGEBRAND-POHLAD
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
HUBERT JOY
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
SANNON SMITH JONES
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
JESSAMYN KERCHNER
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
AMY KERN
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
VELMA KORBEL
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
RICHARD KUNTZ
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
ROXANA LINARES
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
JOHN LINDAHL
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
REID MACDONALD
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
DONALD MACMILLAN
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
NIVIN MACMILLAN
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
BRENT MAGID
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
SHEILA MORGAN
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
MAHMOUD NAGIB
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
MARY OLSON
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
PIYUMI SAMARATUNGA
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
TOM SCHREIER
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
KATIE SIMPSON
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
MIKE SNOW
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
TIM WELSH
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
JANE WILF
ELECTIVE TRUSTEE1.000.00$0$0$0Yes (X)
BURTON D COHEN
LIFE TRUSTEE1.000.00$0$0$0Yes (X)
BEVERLY GROSSMAN
LIFE TRUSTEE1.000.00$0$0$0Yes (X)
ALFRED HARRISON
LIFE TRUSTEE1.000.00$0$0$0Yes (X)
DAVID M LEBEDOFF
LIFE TRUSTEE1.000.00$0$0$0Yes (X)
TIM WALZ GOVERNOR MINNESOTA
TRUSTEE BY VIRTUE OF OFFICE1.000.00$0$0$0Yes (X)
JACOB FREY MAYOR MINNEAPOLI
TRUSTEE BY VIRTUE OF OFFICE1.000.00$0$0$0Yes (X)
KARI DZIEDZIC MN STATE SENATOR
TRUSTEE BY VIRTUE OF OFFICE1.000.00$0$0$0Yes (X)
JULIE ROSEN MN STATE SENATOR
TRUSTEE BY VIRTUE OF OFFICE1.000.00$0$0$0Yes (X)
JERRY HERTAUS MN STATE REP
TRUSTEE BY VIRTUE OF OFFICE1.000.00$0$0$0Yes (X)
RYAN WINKLER MN STATE REP
TRUSTEE BY VIRTUE OF OFFICE1.000.00$0$0$0Yes (X)
MARION GREENE CHAIR HENNEPIN COUNTY
TRUSTEE BY VIRTUE OF OFFICE1.000.00$0$0$0Yes (X)
JONO COWGILL PRESIDENT MPRB
TRUSTEE BY VIRTUE OF OFFICE1.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,381,019TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$204,546TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K11IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAPACITY INTERACTIVE CONSULTING LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11239 BROADWAY STE 1103AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10001ZIPCd
FieldValueIRS element (for citing)
ServicesADVERTISINGServicesDesc
Compensation$148,133CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$1,561,443MembershipDuesAmt
Fundraising$468,170FundraisingAmt
Government Grants$14,539,755GovernmentGrantsAmt
All Other Contributions$9,872,481AllOtherContributionsAmt
Noncash Contributions$237,614NoncashContributionsAmt
Total Contributions$26,441,849TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
RENTALS/REIMBURSEMENTS532000$929,083$821,805$107,278
PROGRAM ADMISSIONS/FEE900099$767,231$767,231
DEACCESSIONS900099$594,350$594,350
PARKING812930$464,272$464,272
CLASSES AND PROGRAMS900099$273,430$273,430
FieldValueIRS element (for citing)
Total Program Service Revenue$3,028,366TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,142,674TotalRevenueColumnAmt
Unrelated Business Revenue$7,423UnrelatedBusinessRevenueAmt
Exclusion$4,135,251ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$63,545,029SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$64,227,002SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$681,973SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$681,973TotalRevenueColumnAmt
Exclusion-$681,973ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$197,139FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$468,170ContriRptFundraisingEventAmt
Fundraising Direct Expenses$56,178FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$140,961TotalRevenueColumnAmt
Exclusion$140,961ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$594,870GrossSalesOfInventoryAmt
Cost Of Goods Sold$340,017CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$254,853TotalRevenueColumnAmt
Exclusion$254,853ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$61,066TotalRevenueColumnAmt
Exclusion$61,066ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$61,066OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,387,796TotalRevenueColumnAmt
Related Or Exempt Func Income$2,456,816RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$114,701UnrelatedBusinessRevenueAmt
Exclusion$4,374,430ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,422,978TotalAmt
Program Services$738,610ProgramServicesAmt
Management And General$580,573ManagementAndGeneralAmt
Fundraising$103,795FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$18,004,305TotalAmt
Program Services$14,911,388ProgramServicesAmt
Management And General$1,647,362ManagementAndGeneralAmt
Fundraising$1,445,555FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$862,730TotalAmt
Program Services$722,821ProgramServicesAmt
Management And General$78,004ManagementAndGeneralAmt
Fundraising$61,905FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,021,311TotalAmt
Program Services$1,644,010ProgramServicesAmt
Management And General$233,239ManagementAndGeneralAmt
Fundraising$144,062FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,457,425TotalAmt
Program Services$1,223,969ProgramServicesAmt
Management And General$130,160ManagementAndGeneralAmt
Fundraising$103,296FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$146,986TotalAmt
Management And General$146,986ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$144,844TotalAmt
Management And General$144,844ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$60,000TotalAmt
Management And General$60,000ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,875,286TotalAmt
Management And General$1,875,286ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,927,064TotalAmt
Program Services$2,540,698ProgramServicesAmt
Management And General$254,877ManagementAndGeneralAmt
Fundraising$131,489FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$469,432TotalAmt
Program Services$436,192ProgramServicesAmt
Management And General$20,882ManagementAndGeneralAmt
Fundraising$12,358FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$931,048TotalAmt
Program Services$785,525ProgramServicesAmt
Management And General$90,090ManagementAndGeneralAmt
Fundraising$55,433FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$501,488TotalAmt
Program Services$289,217ProgramServicesAmt
Management And General$116,331ManagementAndGeneralAmt
Fundraising$95,940FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,725,902TotalAmt
Program Services$2,553,161ProgramServicesAmt
Management And General$145,595ManagementAndGeneralAmt
Fundraising$27,146FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$442,494TotalAmt
Program Services$270,411ProgramServicesAmt
Management And General$61,819ManagementAndGeneralAmt
Fundraising$110,264FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$36,504TotalAmt
Program Services$18,437ProgramServicesAmt
Management And General$15,913ManagementAndGeneralAmt
Fundraising$2,154FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$6,977TotalAmt
Management And General$6,977ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,568,011TotalAmt
Program Services$2,419,311ProgramServicesAmt
Management And General$135,343ManagementAndGeneralAmt
Fundraising$13,357FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$553,800TotalAmt
Program Services$257,340ProgramServicesAmt
Management And General$296,460ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
ACCESSIONS$2,465,889$2,465,889
SHIPPING, CRATINGS, PAC$465,799$464,829$970
OTHER MISCELLANEOUS$298,097$69,939$9,392$218,766
UBI TAXES$19,542$19,542

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$40,407,912TotalAmt
Program Services$31,831,289ProgramServicesAmt
Management And General$6,259,507ManagementAndGeneralAmt
Fundraising$2,317,116FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$8,100BOYAmt
EOY$1,398,456EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$9,229,410BOYAmt
EOY$18,187,304EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,821,145BOYAmt
EOY$2,770,667EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,164,492BOYAmt
EOY$3,604,869EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$182,583BOYAmt
EOY$202,573EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$313,605BOYAmt
EOY$386,169EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$120,922,741LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$61,304,701LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$61,251,096BOYAmt
EOY$59,618,040EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$72,485,305BOYAmt
EOY$86,557,611EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$112,221,572BOYAmt
EOY$95,384,238EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$62,565,280BOYAmt
EOY$60,488,937EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$332,242,588BOYAmt
EOY$328,598,864EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,332,670BOYAmt
EOY$7,425,182EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$7,048,510BOYAmt
EOY$134,284EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$3,586,900EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$969,980BOYAmt
EOY$909,933EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,351,160BOYAmt
EOY$12,056,299EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$94,754,298BOYAmt
EOY$90,734,586EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$224,137,130BOYAmt
EOY$225,807,979EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$318,891,428BOYAmt
EOY$316,542,565EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$332,242,588BOYAmt
EOY$328,598,864EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$7,020,116ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$4,596,534NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$74,719OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,858,259CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,413,359CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,857,651CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,989,765CurrentTaxYearMinus1YearAmt
Current Tax Year$11,902,094CurrentTaxYearAmt
Total$60,021,128TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,099,742CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,013,531CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,673,686CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,696,624CurrentTaxYearMinus1YearAmt
Current Tax Year$14,539,755CurrentTaxYearAmt
Total$64,023,338TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,958,001CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,426,890CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$27,531,337CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$24,686,389CurrentTaxYearMinus1YearAmt
Current Tax Year$26,441,849CurrentTaxYearAmt
Total$124,044,466TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$124,044,466PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,069,316CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,355,873CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,608,025CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,918,207CurrentTaxYearMinus1YearAmt
Current Tax Year$4,142,674CurrentTaxYearAmt
Total$24,094,095TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,399CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$42,728CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$205,566CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$37,063CurrentTaxYearMinus1YearAmt
Current Tax Year$24,198CurrentTaxYearAmt
Total$316,954TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$50,212CurrentTaxYearMinus1YearAmt
Current Tax Year$61,066CurrentTaxYearAmt
Total$111,278TotalAmt
FieldValueIRS element (for citing)
Total Support$148,566,793TotalSupportAmt
Gross Receipts Rltd Activities$19,051,436GrossReceiptsRltdActivitiesAmt
Public Support CY1700.83490PublicSupportCY170Pct
Public Support PY1700.84610PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationMISCELLANEOUS REVENUE - 2018 AMOUNT: $ 50,212. 2019 AMOUNT: $ 61,066.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$0PoliticalExpendituresAmt
Volunteer Hours0VolunteerHoursCnt
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$60,000DirectContactLegislatorsAmt
Total Lobbying Expenditures$60,000TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationA PROFESSIONAL LOBBYIST WAS CONTRACTED TO LOBBY ON BEHALF OF THE ORGANIZATION.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$174,053,685BeginningYearBalanceAmt
Contributions$3,159,108ContributionsAmt
Investment Earnings Or Losses$5,407,279InvestmentEarningsOrLossesAmt
Other Expenditures$9,111,024OtherExpendituresAmt
End Year Balance$173,509,048EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$176,299,042BeginningYearBalanceAmt
Contributions$1,767,989ContributionsAmt
Investment Earnings Or Losses$5,781,138InvestmentEarningsOrLossesAmt
Other Expenditures$9,794,484OtherExpendituresAmt
End Year Balance$174,053,685EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$172,438,272BeginningYearBalanceAmt
Contributions$887,947ContributionsAmt
Investment Earnings Or Losses$11,437,449InvestmentEarningsOrLossesAmt
Other Expenditures$8,464,626OtherExpendituresAmt
End Year Balance$176,299,042EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$159,821,539BeginningYearBalanceAmt
Contributions$341,553ContributionsAmt
Investment Earnings Or Losses$20,355,586InvestmentEarningsOrLossesAmt
Other Expenditures$8,080,406OtherExpendituresAmt
End Year Balance$172,438,272EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$169,608,914BeginningYearBalanceAmt
Contributions$1,632,245ContributionsAmt
Investment Earnings Or Losses-$3,837,688InvestmentEarningsOrLossesAmt
Other Expenditures$7,581,932OtherExpendituresAmt
End Year Balance$159,821,539EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.16660BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.68690PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.14650TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (1)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (1)RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,161,258OtherCostOrOtherBasisAmt
Book Value$9,161,258BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$98,607,747OtherCostOrOtherBasisAmt
Depreciation$49,412,552DepreciationAmt
Book Value$49,195,195BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,669,522OtherCostOrOtherBasisAmt
Depreciation$11,892,149DepreciationAmt
Book Value$777,373BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$484,214OtherCostOrOtherBasisAmt
Book Value$484,214BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$59,618,040TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
HEDGED EQUITY FUNDS$40,822,093F
DOMESTIC EQUITY$11,144,592F
INTERNATIONAL EQUITY$38,456,858F
PRIVATE CAPITAL$4,960,695F
FieldValueIRS element (for citing)
Total Book Value Securities$95,384,238TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescBENEFICIAL INTEREST IN PERPETUAL TRUSTSDesc
Book Value$60,488,937BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$60,488,937TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescAMOUNTS DUE TO BENEFICIARIESDesc
Amt$909,933Amt
FieldValueIRS element (for citing)
Total Liability$909,933TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$38,450,665TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$4,596,534NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$56,487DonatedServicesAndUseFcltsAmt
Other Revenue$470,914OtherRevenueAmt
Revenue Not Reported$5,123,935RevenueNotReportedAmt
Revenue Subtotal$33,326,730RevenueSubtotalAmt
Other Revenues Not Included$61,066OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$61,066RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$33,387,796TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$40,860,594TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$56,487DonatedServicesUseFcltsAmt
Other Expenses Included$396,195OtherExpensesIncludedAmt
Expenses Not Reported$452,682ExpensesNotReportedAmt
Expenses Subtotal$40,407,912ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$40,407,912TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:MIA'S COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE MIA'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. PURCHASE ARE REFLECTED IN THE STATEMENTS OF ACTIVITIES AS ACCESSIONS. PROCEEDS FROM DE-ACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. MIA'S COLLECTION ITEMS ARE CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY.
PART V, LINE 4:NAMED ENDOWMENT FUNDS ESTABLISHED BY DONORS TO THE MIA PROVIDE AN ONGOING SOURCE OF INCOME FOR MUSEUM PROGRAMS AND ACQUISITION OF ART FOR THE MIA'S PERMANENT COLLECTION.
PART X, LINE 2:MIA QUALIFIES AS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. INCOME TAXES FOR UNRELATED BUSINESS INCOME ACTIVITIES ARE ACCRUED AND INCLUDED IN THE STATEMENTS OF ACTIVITIES IN THE YEAR INCURRED. MIA'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. MIA HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OR TAX EXPENSE OR BENEFIT. MIA'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENTS EXPENSES 56,178. COST OF GOODS SOLD AND FREIGHT IN - MUSEUM SHOP 340,017. GAIN ON BENEFICIARY AGREEMENTS 74,719.
PART XI, LINE 4B - OTHER ADJUSTMENTS:OTHER INCOME 61,066.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD AND FREIGHT IN - MUSEUM SHOP 340,017. SPECIAL EVENTS EXPENSES 56,178.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN00INVESTMENTS$53,935,673
EUROPE00INVESTMENTS$6,691,477
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$60,627,150SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$60,627,150TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3:MIA IS REPORTING THE MARKET VALUE OF INVESTMENTS IN SCHEDULE F, PART I.
PART III ACCOUNTING METHOD:

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$556,719GrossReceiptsEvent1Amt
Charitable Contri Event1$437,944CharitableContriEvent1Amt
Gross Revenue Event1$118,775GrossRevenueEvent1Amt
Food And Beverage Event1$10,283FoodAndBeverageEvent1Amt
Entertainment Event1$1,700EntertainmentEvent1Amt
Other Direct Expenses Event1$9,892OtherDirectExpensesEvent1Amt
Event2ART IN BLOOMEvent2Nm
Gross Receipts Event2$53,435GrossReceiptsEvent2Amt
Charitable Contri Event2$22,060CharitableContriEvent2Amt
Gross Revenue Event2$31,375GrossRevenueEvent2Amt
Food And Beverage Event2$297FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$18,982OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$55,155GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$8,166CharitableContriOtherEventsAmt
Gross Revenue Other Events$46,989GrossRevenueOtherEventsAmt
Food And Beverage Other Events$2,392FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$12,632OthDirectExpnssOtherEventsAmt
Gross Receipts Total$665,309GrossReceiptsTotalAmt
Charitable Contributions Tot$468,170CharitableContributionsTotAmt
Gross Revenue Total Events$197,139GrossRevenueTotalEventsAmt
Food And Beverage Total Events$12,972FoodAndBeverageTotalEventsAmt
Entertainment Total Events$1,700EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$41,506OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$56,178DirectExpenseSummaryEventsAmt
Net Income Summary$140,961NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
PATRICIA GRAZZINI
INTERIM DIRECTOR/DEPUTY DIRECTOR/COO$509,511$0$0$0$4,353$0$24,750$0$7,938$0$546,552$0$0$0
MATTHEW WELCH
DEPUTY DIRECTOR AND CHIEF CURATOR$273,857$0$0$0$513$0$13,864$0$5,194$0$293,428$0$0$0
DOUGLAS HEGLEY
CHIEF DIGITAL OFFICER$215,923$0$0$0$0$0$11,146$0$12,285$0$239,354$0$0$0
JULIANNE AMENDOLA
CHIEF ADVANCEMENT OFFICER$203,843$0$0$0$0$0$10,172$0$5,570$0$219,585$0$0$0
KRISTIN PRESTEGAARD
CHIEF ENGAGEMENT OFFICER$193,447$0$0$0$0$0$9,730$0$5,554$0$208,731$0$0$0
PATRICK NOON
HEAD OF PAINTINGS$186,412$0$0$0$0$0$9,746$0$8,298$0$204,456$0$0$0
YANG LIU
CURATOR OF CHINESE ART$161,547$0$0$0$0$0$8,435$0$12,184$0$182,166$0$0$0
ANDREAS MARKS
CURATOR OF JAPANESE AND KOREAN ARTS$166,970$0$0$0$312$0$8,435$0$5,194$0$180,911$0$0$0
GHENETE ZELLEKE
CURATOR OF DECREATIVE ARTS, TEXTILES$166,624$0$0$0$315$0$8,524$0$5,194$0$180,657$0$0$0
KAYWIN FELDMAN
DIRECTOR$105,723$0$0$0$51,474$0$13,962$0$1,986$0$173,145$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 4BFormAndLineReferenceDesc
ExplanationKAYWIN FELDMAN PARTICIPATED IN 457(B) AND 457(F) NON-QUALIFIED RETIREMENT PLANS APPROVED BY THE BOARD OF TRUSTEES ON JULY 1, 2010 AND DECEMBER 1, 2011, RESPECTIVELY. CONTRIBUTIONS FOR THESE PLANS ARE REFLECTED IN OTHER REPORTABLE COMPENSATION AND DEFERRED COMPENSATION. CONTRIBUTIONS AND CHANGE IN VALUE TO THE 457(F) PLAN FOR CALENDAR YEAR 2019 TOTALED $43,062. PATRICIA GRAZZINI PARTICIPATES IN 457(B) AND 457(F) NON-QUALIFIED RETIREMENT PLANS APPROVED BY THE BOARD OF TRUSTEES ON DECEMBER 17, 2001. CONTRIBUTIONS FOR THESE PLANS ARE REFLECTED IN OTHER REPORTABLE COMPENSATION AND DEFERRED COMPENSATION. CONTRIBUTIONS AND CHANGE IN VALUE TO THE 457(F) PLAN FOR CALENDAR YEAR 2019 TOTALED $83,904.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1415ContributionCnt
Method Of Determining RevenuesN/A - SEE PART IIMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution40ContributionCnt
Noncash Contributions Rpt F990$237,614NoncashContributionsRptF990Amt
Method Of Determining RevenuesQUOTED MARKET PRICESMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received42Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, COLUMN (B):MIA REPORTS NUMBER OF CONTRIBUTIONS ON SCHEDULE M, PART I, COLUMN B.
PART I, LINE 32B:MIA USES THE SERVICES OF A BROKERAGE FIRM TO SELL GIFTS OF SECURITIES, MIA'S POLICY IS TO SELL THE GIFTS AS SOON AS POSSIBLE AFTER THE GIFT IS RECEIVED. GIFTS ARE VALUED USING THE AVERAGE OF THE QUOTED HIGH AND LOW PRICE AS OF THE GIFT DATE.
PART I, LINE 33:PER THE STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 116, THE MIA HAS ELECTED THE OPTION TO NOT CAPITALIZE WORKS OF ART WHEN ACQUIRED THROUGH PURCHASE OR GIFT. IN MAKING THIS ELECTION, THE MIA CERTIFIES THAT IT'S COLLECTIONS: -ARE HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; -ARE PROTECTED, KEPT UNENCUMBERED, CARED FOR, AND PRESERVED; AND -ARE SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTIONS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR, VICE CHAIRS, SECRETARY, TREASURER, DIRECTOR, AND CHAIR OF EACH COMMITTEE OF THE BOARD. THE PRIMARY PURPOSE OF THE EXECUTIVE COMMITTEE IS TO ASSIST THE BOARD IN FULFILLING ITS RESPONSIBILITIES WHEN IT IS NOT PRACTICAL OR FEASIBLE FOR THE FULL BOARD TO MEET AND DURING INTERVALS BETWEEN THE MEETINGS OF THE BOARD. IN THE EXERCISE OF SUCH POWERS, THE COMMITTEE IS RESPONSIBLE TO THE BOARD FOR ALL OF SUCH ACTS.
FORM 990, PART VI, SECTION A, LINE 7AIN ADDITION TO THE ELECTIVE TRUSTEES, EACH OF THE FOLLOWING PERSONS, UPON HIS OR HER ACCEPTANCE, IS A MEMBER OF THE BOARD FOR THE RESPECTIVE TERM OF HIS OR HER OFFICE: THE GOVERNOR OF THE STATE OF MINNESOTA, THE MAYOR OF THE CITY OF MINNEAPOLIS, AND THE PRESIDENT OF THE FRIENDS OF THE INSTITUTE. OTHER EX-OFFICIO MEMBERS INCLUDE THOSE WHO FROM TIME TO TIME ARE APPOINTED BY THE EXECUTIVE COMMITTEE OF THE MIA: TWO MEMBERS OF EACH OF THE MINNESOTA SENATE AND HOUSE OF REPRESENTATIVES WHO RESIDE IN HENNEPIN COUNTY, AND ONE MEMBER OF EACH OF THE BOARD OF HENNEPIN COUNTY COMMISSIONERS AND THE MINNEAPOLIS PARK AND RECREATION BOARD.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY A PROFESSIONAL ACCOUNTING FIRM FROM INFORMATION PROVIDED BY THE MIA. THE CONTROLLER AND DEPUTY DIRECTOR AND COO OF MIA REVIEW THE FORM FOR ACCURACY. A COPY OF THE DRAFT FORM IS FIRST PROVIDED TO MEMBERS OF THE AUDIT AND EXECUTIVE COMMITTEES FOR REVIEW AND DISCUSSION PRIOR TO FILLING. UPON THEIR REVIEW, A FINAL COPY IS PROVIDED TO THE FULL BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY, ALL MEMBERS OF THE BOARD OF TRUSTEES ARE ASKED TO COMPLETE A DISCLOSURE STATEMENT. EACH TRUSTEE IS RESPONSIBLE TO REPORT DEVELOPMENTS RELATIVE TO ACTIVITIES AS DEFINED IN THE MIA'S BYLAWS. IF SUCH A DEVELOPMENT ARISES AFTER COMPLETING THE ANNUAL DISCLOSURE FORM, THE TRUSTEE IS ASKED TO DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. DISCLOSURE STATEMENTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE AND THE POLICY MANAGEMENT TEAM. NO TRUSTEE SHALL VOTE ON ANY MATTER, UNDER CONSIDERATION OR AT A BOARD OR COMMITTEE MEETING, IN WHICH SUCH TRUSTEE HAS A CONFLICT OF INTEREST. THE MINUTES OF ANY SUCH MEETING WILL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE TRUSTEE HAVING A CONFLICT OF INTEREST ABSTAINED FROM VOTING.
FORM 990, PART VI, SECTION B, LINE 15AIT IS THE POLICY OF THE MIA THAT THE COMPENSATION PAID TO ITS EMPLOYEES IS REASONABLE AND COMPETITIVE IN RELATION TO COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, SUBJECT TO BUDGETARY CONSIDERATIONS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES SERVES AS THE COMPENSATION COMMITTEE (THE "COMMITTEE") AND IS RESPONSIBLE FOR COMPLIANCE WITH THE COMPENSATION POLICIES AND PROCEDURES. MEMBERS OF THE COMMITTEE WITH A CONFLICT OF INTEREST MUST RECUSE HIMSELF OR HERSELF FROM SUCH ACTION AND MAY NOT PARTICIPATE IN NOR BE PRESENT DURING ANY DISCUSSIONS, DELIBERATIONS OR DECISIONS. THE COMMITTEE SETS THE COMPENSATION OF THE DIRECTOR & PRESIDENT. THE DIRECTOR & PRESIDENT MAKES RECOMMENDATIONS TO THE COMMITTEE AS TO THE COMPENSATION OF POSITIONS REPORTED ON THE FORM 990 BUT DOES NOT PARTICIPATE IN ANY VOTE WITH RESPECT TO APPROVING THEIR COMPENSATION. THE DIRECTOR & PRESIDENT SETS THE COMPENSATION OF ALL OTHER EMPLOYEES NOT GOVERNED BY UNION CONTRACTS. ACCOMPANYING THIS POLICY IS A SET OF BOARD-APPROVED PROCEDURES. THE COMMITTEE AND THE DIRECTOR & PRESIDENT OBTAIN AND USE COMPARABILITY DATA PRIOR TO AND IN CONNECTION WITH THE DETERMINATION AND APPROVAL OF ALL COMPENSATION. THE COMPARABILITY DATA INCLUDES BUT IS NOT LIMITED TO: CURRENT COMPENSATION AND BENEFITS DATA FROM COMPARABLE TAX-EXEMPT AND, IN SOME CASES, TAXABLE ORGANIZATIONS, FOR FUNCTIONALLY COMPARABLE POSITIONS REQUIRING SIMILAR SKILLS, EDUCATION, AND EXPERIENCE; THE LOCATION OF THE ORGANIZATION (INCLUDING THE AVAILABILITY OF QUALIFIED PEOPLE IN THE GEOGRAPHIC AREA); INDEPENDENT PAY SURVEYS BY NATIONALLY RECOGNIZED FIRMS; ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE PERSON; THE NUMBER OF EMPLOYEES AND THE ASSETS, BUDGET OR REVENUES SUPERVISED; AND ANY UNUSUAL CHALLENGES. THE COMMITTEE AND THE DIRECTOR & PRESIDENT ARE REQUIRED TO DOCUMENT ALL ASPECTS OF ALL PROCEEDINGS REGARDING THE COMPARABILITY DATA AS WELL AS THE APPROVAL OF ALL COMPENSATION. THESE PROCESSES WERE LAST PERFORMED IN JUNE OF 2020.
FORM 990, PART VI, SECTION C, LINE 19THE MIA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:GAIN ON BENEFICIARY AGREEMENTS 74,719.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
JOHN R VAN DERLIP TRUST
PO BOX 64713ST PAULMN55164416015288PERPETUAL TRUSTMN501(C)(3)PFMINNEAPOLIS SOCIETY OF FINE ARTSYes (1)
ETHEL M VAN DERLIP TRUST
PO BOX 64713ST PAULMN55164416014949PERPETUAL TRUSTMN501(C)(3)PFMINNEAPOLIS SOCIETY OF FINE ARTSYes (1)
LILLIAN ZENOBIA TURNBLAD TRUST
PO BOX 64713ST PAULMN55164416015498PERPETUAL TRUSTMN501(C)(3)PFMINNEAPOLIS SOCIETY OF FINE ARTSYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
JOHN R VAN DERLIP TRUST
C$88,425CASH TRANSFERRED
ETHEL M VAN DERLIP TRUST
C$543,022CASH TRANSFERRED
LILLIAN ZENOBIA TURNBLAD TRUST
C$64,575CASH TRANSFERRED

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