Public Charity

MINNEAPOLIS COLLEGE OF ART AND DESIGN

MINNEAPOLIS COLLEGE OF ART AND DESIGN is a Public Charity headquartered in MINNEAPOLIS, MN. Financial data from the 2025 filing: $40.6M revenue, $46.5M expenses, $108.5M total assets. 77 publicly reported grants to this organization, totaling roughly $6.3M, appear in IRS filings.

EIN: 411607453 MINNEAPOLIS, MN Universities NTEE: B43 Latest filing: 2025
Total Revenue$40.6M
Total Expenses$46.5M
Total Assets$108.5M
Grant Records77
Funding Total$6.3M
Filing Years2021–2025

Mission

MCAD PROVIDES A TRANSFORMATIVE EDUCATION WITHIN A COMMUNITY OF SUPPORT FOR CREATIVE STUDENTS OF ALL BACKGROUNDS TO WORK, COLLABORATE, AND LEAD WITH CONFIDENCE IN A DYNAMIC, INTERCONNECTED WORLD.

Where $100 goes at Minneapolis College of Art and Design

How Minneapolis College of Art and Design divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$12 Management running the organization
$2 Fundraising raising the next dollar

Inside the $86 for programs

$86
Mcad transforms the world through creativity and purpose by educating individuals to be professional artists and designers, pioneering thinkers, creative leaders, and engaged global citizens
All program spending
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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

VP OF COMMUNICATIONS Annie Cleveland
TRUSTEE Batalia Mcfarlane
LIFE TRUSTEE Bruce Bean
CO-CHAIR Chris Barry
LIFE TRUSTEE Clinton H Morrison
LIFE TRUSTEE Cy Decosse '52

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$5,027,483 53 grants
Education
$1,259,225 19 grants
Arts & Culture
$27,700 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $40.6M $46.5M $108.5M
2024 $45.8M $44.3M $109.1M
2023 $36.1M $42.7M $86.9M
2022 $41.3M $41.5M $94.2M
2021 $37.3M $36.4M $102.1M

Between 2021 and 2025, reported annual revenue grew from $37.3M to $40.6M (+9%), with total assets most recently reported at $108.5M.

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

See the full picture for MINNEAPOLIS COLLEGE OF ART AND DESIGN

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