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Minnesota · Nonprofit

MINNESOTA MASTERPIECE HALL

MINNESOTA MASTERPIECE HALL (Minnesota) receives grants from 10 organizations whose IRS filings report $413,666 to it, the largest being MARGARET H & JAMES E KELLEY FOUNDATION INC ($100,000). 6 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$5.9M
Funders on record
10
Grants received
$414k
Net assets
$93M
6/10 repeat funderspeak grant-dependency 0%
01What it does

What Minnesota Masterpiece Hall does

Mission

Minnesota Masterpiece Hall's mission is to build communities through quality experiences by presenting art masterworks, internationally-recognized concert artists, and inspirational education programs at accessible pricing, while also making the facility available for other non-profit organizations.

As stated on its FY2024 Form 990.

Program

  1. No services performed in 2025. The entire year was spent designing & constructing the building, which is still ongoing.

The program described on its FY2025 Form 990.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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.

100 = 20222022 Revenue 100 ($40M) Expenses 100 ($6k) Net assets 100 ($40M)2023 Revenue 114 ($46M) Expenses 3394 ($214k) Net assets 216 ($87M)2024 Revenue 15 ($5.9M) Expenses 4843 ($306k) Net assets 230 ($93M)
202220232024
Revenue (15)Expenses (4843)Net assets (230)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $41M to $89M (+116%).

$41M
$89M
$94M
202220232024
Total assetsTotal liabilities

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.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

38% of MINNESOTA MASTERPIECE HALL’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.

$40M
’22
$46M
’23
$5.6M
’24
3.5
months of
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.

Chief executive

Ned Kirk

CEO

Board chair

Mary Burrichter

Chair

As listed on its FY2025 Form 990.

202220232024
Listed898
Joined·+1+0
No longer listed·01
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

6 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 68% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MINNESOTA MASTERPIECE HALL’s funders (the co-funder graph). 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

MINNESOTA MASTERPIECE HALL has a broad base — no single funder exceeds 24% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

68% 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 MINNESOTA MASTERPIECE HALL.

24%
largest funder
59%
top three
~6
effective funders

“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.

Where its funders are

68% of MINNESOTA MASTERPIECE HALL's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $132k that is directly attributable, 100% of it comes from funders outside Minnesota, across 3 states.

IL
WI
WY

Funder states come from each funder’s own filing. $282k arriving through sponsors registered in 5 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.

04Its place in the field

Against its field

MINNESOTA MASTERPIECE HALL's revenue fell 85% between 2022 and 2024.

Operating margin95% · outside the comparable range
Months of reserve3.5mo · below the median
Revenue growth (annualized)−62% · bottom quartile

this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024

Organizations like MINNESOTA MASTERPIECE HALL

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

0% of spending goes to programs.

Program 0%Management 93%Fundraising 7%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for MINNESOTA MASTERPIECE HALL: 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.

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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 MINNESOTA MASTERPIECE HALL?
MINNESOTA MASTERPIECE HALL (Minnesota) receives grants from 10 organizations whose IRS filings report $413,666 to it, the largest being MARGARET H & JAMES E KELLEY FOUNDATION INC ($100,000). 6 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MINNESOTA MASTERPIECE HALL have?
IRS filings report 10 organizations giving $413,666 in grants to MINNESOTA MASTERPIECE HALL, 6 of which have funded it in more than one year.
Who is the largest funder of MINNESOTA MASTERPIECE HALL?
MARGARET H & JAMES E KELLEY FOUNDATION INC is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like MINNESOTA MASTERPIECE HALL 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 Minnesota Masterpiece Hall →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 10 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