Public Charity

MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS

MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS is a Public Charity headquartered in MINNEAPOLIS, MN. Financial data from the 2025 filing: $57.7M revenue, $51.7M expenses, $439.7M total assets. 163 publicly reported grants to this organization, totaling roughly $33.5M, appear in IRS filings.

EIN: 410693915 MINNEAPOLIS, MN Art Museums NTEE: A51 Latest filing: 2025
Total Revenue$57.7M
Total Expenses$51.7M
Total Assets$439.7M
Grant Records163
Funding Total$33.5M
Filing Years2021–2025

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.

Where $100 goes at Minneapolis Society of Fine Arts DBA Minneapolis Institute of Arts

How Minneapolis Society of Fine Arts DBA Minneapolis Institute of Arts divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$15 Management running the organization
$5 Fundraising raising the next dollar

Inside the $80 for programs

$66
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…
83% of program spending
$13
Acquisitions bring new strength to the collection
16% of program spending
$1
In fiscal year 2025, family day attracted 30,580 visitors
1% of program spending · Reported in the filing: 30,580 visitors; 33,813 visitors; 784 adults
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

LIFE TRUSTEE Al Harrison
SECRETARY Amy Kern
CURATOR OF JAPANESE & KOREAN ARTS Andreas Marks
TRUSTEE BY VIRTUE OF OFFICE Barbara Proeschel President Friends
CFO Ben Murray
ELECTIVE TRUSTEE Bert Colianni

Officer compensation and complete director data available with membership.

Top Grant Purposes

Arts & Culture
$25,100,061 50 grants
General Support
$8,207,312 105 grants
Education
$149,000 1 grant
Fundraising & Sponsorship
$60,500 3 grants
Youth Development
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $57.7M $51.7M $439.7M
2024 $49.8M $47.0M $412.2M
2023 $63.9M $50.8M $386.1M
2022 $54.4M $42.0M $352.0M
2021 $52.8M $43.1M $389.1M

Between 2021 and 2025, reported annual revenue grew from $52.8M to $57.7M (+9%), with total assets most recently reported at $439.7M.

Interactive year-over-year charts and full filing details available with membership.

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