MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS

MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS

MINNEAPOLIS, MN, US
501(c)(3)
EIN
41-0693915

MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS

MINNEAPOLIS, MN, US
501(c)(3)
EIN
41-0693915

Overview

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Est.

1883

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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The Minneapolis Society of Fine Arts, operating as the Minneapolis Institute of Arts, is dedicated to enriching the community by collecting, preserving, and making accessible outstanding works of art. With an operating budget of $47 million and total revenue of $49.8 million for the 2024 filing year, the organization plays a significant role in the art museum sector. It does not rely on a single funder for 50% or more of its revenue and can be found online at www.artsmia.org.

Mission Statement

ENRICHING COMMUNITY BY COLLECTING, PRESERVING AND MAKING ACCESSIBLE OUTSTANDING WORKS OF ART
Revenues

$49.8M

Expenses

$47M

Net Income:
+$2.8M
Assets

$412.2M

Liabilities

$7.1M

Net Assets:
+$405.1M
Operating Budget

$47M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

82

Median grant size
$10K
Largest grant received
$2.4M
K
Katie Luber
Board Member
P
Patricia Grazzini
Board Member
B
Benjamin Murray
Board Member

Frequently Asked Questions

What is MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS’s budget?
In 2024, MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS reported an annual operating budget of around $47 million. More detailed financial information is available to registered users.
What causes does MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS support?
MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS supports work in Art museums.
Where does MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS operate?
MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS is headquartered in MINNEAPOLIS, MN.
Who funded MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS recently?
In 2025, MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS received grants from THE MINNEAPOLIS FOUNDATION, William D Radichel Foundation, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS received in 2024?
The largest grant to MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS in 2024 exceeds $2.4 million.
What is MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS’s reliance on government grants?
MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS relied on government grants for more than 35% of their total revenue in 2024.
Overview
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