Nonprofit screen
Screen a listMinneapolis College of Art and Design
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$41Mrevenue
FY2025 · −2% in 3 yrs781staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−14.6%
Months of reserve0.2mo
Revenue growth (annualized)+2.1%
Middle half of peersMedianMinneapolis College of Art and Design
Where the money goes FY2025 · $47M spent
Programs$38M81%Management and general$8.2M18%Fundraising$735k2%990 FY2025 · Part IX line 25
Worth checking3
Government grants fell 96% in FY2023
$3.4M in FY2022, $149k in FY2023.
990 Part VIIIFederal awards stopped after FY2021
$3.7M in FY2021, none traced since.
USAspendingDeficits in 2 of the last 3 years
−$6.6M in FY2023 and −$5.9M in FY2025. Cash covers 0.2 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor1
Strong governance
25 of 26 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VI62funders
$1.5Ma year, last 3 years
18%from its largest funder
Funder’17’18’19’20’21’22’23The McKnight FoundationStopped after FY2022$277k$278k$276k$557k–Ethel M Van Derlip Tr UwOn and off$187k$188k$194k$216k$224kL & N Andreas FoundationOn and off$220k$240k$230k$220kJerome Foundation IncOn and off$280k$175k$210kJohn R Van Derlip Tr UaEvery year since FY2017$84k$85k$87k$89k$140k$50k$102kElbridge C Cooke Tr Uw 1Every year since FY2017$45k$86k$60k$58k$59k$69k$63kDonor-advised giftsDonors not disclosed$122k$271k$248k$412k$493k$535k$561k39 other fundersUp to $138k a year each$228k$110k$190k$157k$303k$194k$114k
FundedThrough a donor-advised fundStopped