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Minnesota · Nonprofit

MINNESOTA MUSEUM OF AMERICAN ART

MINNESOTA MUSEUM OF AMERICAN ART (Minnesota) receives grants from 61 organizations whose IRS filings report $8,530,631 to it, the largest being SAINT PAUL & MINNESOTA FOUNDATION ($4,005,350). 44 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$10M
Funders on record
61
Grants received
$8.5M
Net assets
$15M
44/61 repeat funderspeak grant-dependency 71%
01What it does

What Minnesota Museum of American Art does

Mission

The m inspires understandings of identities, experiences, and complex truths through american art.

As stated on its FY2025 Form 990.

Programs

  1. Exhibitions and programs:in this fiscal year, july 2024 through june 2025, the m continued to collaborate with community partners to present exhibitions that foster understanding of american identities, experiences, and complex truths from wide ranging perspectives in downtown st. Paul. The m established new partnerships, while maintaining longstanding ones. The partnerships were wide-ranging, but storytelling and bridge-building across different lived experiences were consistent elements, including supporting emerging and underrepresented artists and curators. In october 2024, the museum celebrated the completion of its new wing, tripling gallery space and fulfilling a long-standing vision for a more expansive, accessible, and inclusive m. The new wing allows for increased visitorship, with more than 25,000 visitors to the museum this year. The m hosted exhibitions in its original galleries and worked with collaborators to activate the skywaysall to provide free, accessible opportunities to experience the power of art, creativity, and community. 1. Here, now: selections from the m's permanent collection (october 17, 2024-may 2027): the first major exhibition of permanent…

    $1,631,432 spentof which $191,989 as grants$49,836 earned by the program
    71% of program spending
  2. Collections:in this fiscal year, the m added 86 works to the permanent collection it holds in public trust. These recent acquisitions have added depth to the m's permanent collection, providing opportunities to tell stories, learn more about the world we live in, and add fresh perspectives on art, history, and various cultures. The m maintained a tradition of purchasing artwork from the fine arts exhibition at the minnesota state fair.anonymouswarning twin cities police, 2020screenprint on papergift of mary and bob merskyvarious artistsburlesque of north america print suite, various datesscreenprint on papergift of mary and bob merskyleslie barlowat home (stressed or happy, I just be laying out), 2024oil, acrylic, and quilt on canvaspurchase, state fair fundmarc bellornate investment banker, 2016screenprint on papergift of mary and bob merskyhazel belvorose tree for joe, 1976oil on canvaspurchase, acquisition fundhazel belvopolly and anne, 1972graphite and gold leaf on paperpurchase, acquisition fundhazel belvoafter the manifesto, 1979gold leaf and pencil on papergift of hazel belvokim bensonmatrix hold, 2024oil and metallic leaf on lace and canvaspurchase, funds from bob and mary…

    $652,684 spent
    29% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,284,116.

02The organization over time

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.

100 = 20172017 Revenue 100 ($1.7M) Expenses 100 ($1.5M) Net assets 100 ($6.6M)2018 Revenue 168 ($2.9M) Expenses 108 ($1.6M) Net assets 99 ($6.6M)2019 Revenue 307 ($5.2M) Expenses 225 ($3.3M) Net assets 123 ($8.1M)2020 Revenue 185 ($3.2M) Expenses 195 ($2.9M) Net assets 125 ($8.3M)2021 Revenue 125 ($2.1M) Expenses 158 ($2.3M) Net assets 126 ($8.4M)2022 Revenue 88 ($1.5M) Expenses 167 ($2.5M) Net assets 110 ($7.3M)2023 Revenue 340 ($5.8M) Expenses 185 ($2.7M) Net assets 159 ($11M)2024 Revenue 76 ($1.3M) Expenses 191 ($2.8M) Net assets 137 ($9.1M)2025 Revenue 594 ($10M) Expenses 207 ($3.0M) Net assets 231 ($15M)
'17'18'19'20'21'22'23'24'25
Revenue (594)Expenses (207)Net assets (231)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 2024 to 2025, from $10M to $17M (+61%).

$6.8M
$7.5M
$9.3M
$10M
$10M
$9.0M
$12M
$10M
$17M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 9% · 2018 4% · 2019 12% · 2020 12% · 2021 10% · 2022 42% · 2023 54% · 2024 22% · 2025 81%. Grants only. Government contracts and fees sit inside program revenue.

99% of MINNESOTA MUSEUM OF AMERICAN ART’s revenue is contributions — more reliant on donations than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$238k
’17
$1.3M
’18
$1.9M
’19
$282k
’20
−$194k
’21
−$956k
’22
$3.1M
’23
−$1.5M
’24
$7.1M
’25
0.4
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

Dr Kate Beane

Executive director

Board chair

Ann Pifer

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2020 and FY2021, and between the FY2021 and FY2022 filings.

'17'18'19'20'21'22'23'24'25
Listed212223231515181716
Joined·+3+4+8+5+2+5+2+4
No longer listed·238132235
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 13 funders to 24 funders, grant income rose $803k → $950k.

14 of 61 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 57% 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 MUSEUM OF AMERICAN ART’s funders (the co-funder graph). Top 30 of 61 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

MINNESOTA MUSEUM OF AMERICAN ART leans on a few funders — its largest provides 47% of grant income and the top three 59%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

59% 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 MUSEUM OF AMERICAN ART.

47%
largest funder
59%
top three
~4
effective funders

Largest funder’s share by year: 2017 67% · 2018 70% · 2019 53% · 2020 30% · 2021 73% · 2022 55% · 2023 40% — diversifying over time.

“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

41% of MINNESOTA MUSEUM OF AMERICAN ART's funders are still giving 3 years after their first grant; 72% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

57% of MINNESOTA MUSEUM OF AMERICAN ART'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 $3.6M that is directly attributable, 66% of it comes from Minnesota funders.

MN
IL
WI
NY
MA
SD
CA
MO
VA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $4.9M arriving through sponsors registered in 10 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 MUSEUM OF AMERICAN ART runs a healthier operating margin than three-quarters of the 570 arts & culture nonprofits its size.

Operating margin70% · top quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)25% · top quartile

this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025

Government funding MINNESOTA MUSEUM OF AMERICAN ART receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $198k on record.

Federal$198k
grants $198kcontracts $0
17
18
21
23
24
Top agencies
  • National Endowment for the Arts$198k

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 MINNESOTA MUSEUM OF AMERICAN ART

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

75% of spending goes to programs.

Program 75%Management 10%Fundraising 15%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 4 related entities

  • Friends of the M · exempt
  • M Property Partners LLC · partnership
  • M Managing Member LLC · partnership
  • M Master Tenant LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for MINNESOTA MUSEUM OF AMERICAN ART: 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 MUSEUM OF AMERICAN ART?
MINNESOTA MUSEUM OF AMERICAN ART (Minnesota) receives grants from 61 organizations whose IRS filings report $8,530,631 to it, the largest being SAINT PAUL & MINNESOTA FOUNDATION ($4,005,350). 44 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MINNESOTA MUSEUM OF AMERICAN ART have?
IRS filings report 61 organizations giving $8,530,631 in grants to MINNESOTA MUSEUM OF AMERICAN ART, 44 of which have funded it in more than one year.
Who is the largest funder of MINNESOTA MUSEUM OF AMERICAN ART?
SAINT PAUL & MINNESOTA FOUNDATION is the largest funder on record, with $4,005,350 in grants. The full list of funders is on this page.
How can an organization like MINNESOTA MUSEUM OF AMERICAN ART 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.

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 61 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 22, 2026. What this page cannot tell you · view filing