Minnesota · Nonprofit
MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS
MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS (Minnesota) receives grants from 190 organizations whose IRS filings report $56,887,752 to it, the largest being WEM FOUNDATION ($26,745,000). 134 of them have funded it in more than one year.
- Revenue FY2025
- $58M
- Funders on record
- 190
- Grants received
- $57M
- Net assets
- $430M
What Minneapolis Society of Fine Arts Dba Minneapolis Institute of Arts does
Mission
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.
As stated on its FY2025 Form 990.
Programs
Fiscal year 2025 exhibitions:annotationsteen perspectives minneapolis as monumentremnantsradiancecharles matson lume iacuna for gustaf sobinmary sully native moderngiants- art from the dean collection of swizz beats and alicia keystranscendent clay the kondo family's path of porcelain innovationssurvival of the fittest lessons from lafontaine in textile and porcelainhokusai/monetthe true america photographs by ernest coleartists at work the mia staff art showcity viewsa generous outlook - gifts from fay gallus and richard sweetroshan ganu - the night blossoming jasmineotto dix - the war portfoliofrom the divine to the mortal - storytelling in chinese paintingcassat on papercatch of the day - humand and marine animals in japanat the moulin rougetibetan buddhist shrine room the alice s kandell collectiono powa o meng - the art and legacy of jody fowelljoann verburg aftershockstaking it to the streets - vitality arts at miaa little fun at my work - women in design and craftlatin american art at mia ii
$33,643,006 spent$2,155,480 earned by the program83% of program spendingAcquisitions bring new strength to the collection. The permanent collection is always at the core of our work. In fiscal year 2025, 1,035 exceptional objects were acquired, enriching 5 curatorial areas.
$6,727,600 spent17% of program spendingIn fiscal year 2025, family day attracted 30,580 visitors. Meet at mia and the summer series saw 33,813 visitors. Mini mia, in its second year, increased to 784 toddlers and adults. Art in the park events attracted 3,000 visitors. Mia's art adventure program served 37,000 students in 101 schools across the state. Creativity academy (826) and water is life (613) programs served 1,439 students. Mia served an additional 3,960 students through other school partnership programs including its new discovery days. 22,540 pre-kindergarten - 12 students participated in guide-led tours, and 17,652 students participated in self-guided tours. Mia distibuted 141 physical kits and 26 digital kits of classroom materials and trained 508 art adventure picture people parent volunteers to lead art adventure 3 lessons in school. Mia recruited and trained 25 new discovery days volunteers and provided professional development to 383 teachers. 209 older adults participated in vitality arts across 1,205 lessons.
$322,855 spent$69,850 earned by the program1% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $40,693,461.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $329M to $389M (+18%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 34% · 2018 28% · 2019 28% · 2020 44% · 2021 34% · 2022 31% · 2023 27% · 2024 37% · 2025 35%. Grants only. Government contracts and fees sit inside program revenue.
65% of MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 50 funders to 93 funders, grant income rose $2.3M → $29M.
24 of 190 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $14M from one payer (an institutional transfer, not a grant programme, largest John R Van Derlip Tr Uw); $4.5M from 9 payers (the payer shares this organization's board, largest The Minneapolis Foundation). These are real filings, and they are not money MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS raised.
From the IRS filings of MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS’s funders (the co-funder graph). Top 30 of 190 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS leans on a few funders — its largest provides 47% of grant income and the top three 61%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
27% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS.
Largest funder’s share by year: 2017 33% · 2018 23% · 2019 27% · 2020 9% · 2021 20% · 2022 30% · 2023 87% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
54% of MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS's funders are still giving 3 years after their first grant; 71% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
87% of MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $9.3M arriving through sponsors registered in 18 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS holds deeper cash reserves than three-quarters of the 550 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 550 arts & culture nonprofits $10M–$100M, FY2025
Government funding MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.1M on record.
- National Endowment for the Humanities$800k
- National Endowment for the Arts$180k
- Smithsonian Institution$54k
- Institute of Museum and Library Services$43k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Public support
76%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 3 related entities
- John R Van Derlip Trust · exempt
- Ethel M Van Derlip Trust · exempt
- Lillian Zenobia Turnblad Trust · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS?
- MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS (Minnesota) receives grants from 190 organizations whose IRS filings report $56,887,752 to it, the largest being WEM FOUNDATION ($26,745,000). 134 of them have funded it in more than one year.
- How many funders does MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS have?
- IRS filings report 190 organizations giving $56,887,752 in grants to MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS, 134 of which have funded it in more than one year.
- Who is the largest funder of MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS?
- WEM FOUNDATION is the largest funder on record, with $26,745,000 in grants. The full list of funders is on this page.
- How can an organization like MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Minneapolis Society of Fine Arts Dba Minneapolis Institute of Arts →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 190 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing