Civic Intelligence

Ethel M Vanderlip Trust 1379

990 • Fiscal year 2019 • EIN 41-6014949

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 01, 2020

Organization ProfileN/A
PO Box 0634Milwaukee, WI 53201-0634

(651) 466-8710

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

5th percentile

-52%

Higher net margin than 5% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

15th percentile

$54,740

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

24th percentile

-2.2%

Faster asset growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

16%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets4th percentile

Assets

Down

$11,885,639

Down $269,733 (-2.2%) from 2018

Net Assets

Down

$11,885,639

Down $269,733 (-2.2%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin5th percentile

Revenue

Up

$522,506

Up $70,204 (+16%) from 2018

Expenses

Up

$792,507

Up $20,107 (+2.6%) from 2018

Net Income

Up

-$270,001

Up $50,097 (+16%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $9,133,490Liabilities 2010: $0Net Assets 2010: $9,133,4902010Assets 2011: $9,104,075Liabilities 2011: $0Net Assets 2011: $9,104,0752011Assets 2012: $9,298,757Liabilities 2012: $0Net Assets 2012: $9,298,7572012Assets 2013: $10,001,951Liabilities 2013: $0Net Assets 2013: $10,001,9512013Assets 2014: $10,622,024Liabilities 2014: $0Net Assets 2014: $10,622,0242014Assets 2015: $12,992,089Liabilities 2015: $0Net Assets 2015: $12,992,0892015Assets 2016: $12,677,926Liabilities 2016: $0Net Assets 2016: $12,677,9262016Assets 2017: $12,532,059Liabilities 2017: $0Net Assets 2017: $12,532,0592017Assets 2018: $12,155,372Liabilities 2018: $0Net Assets 2018: $12,155,3722018Assets 2019: $11,885,639Liabilities 2019: $0Net Assets 2019: $11,885,6392019Assets 2020: $11,625,970Liabilities 2020: $0Net Assets 2020: $11,625,9702020Assets 2021: $11,556,258Liabilities 2021: $0Net Assets 2021: $11,556,2582021Assets 2022: $11,385,493Liabilities 2022: $0Net Assets 2022: $11,385,4932022Assets 2023: $10,959,608Liabilities 2023: $0Net Assets 2023: $10,959,6082023Assets 2024: $11,239,830Liabilities 2024: $0Net Assets 2024: $11,239,8302024

Highlighted filing

2019

Assets$11,885,639
Liabilities$0
Net Assets$11,885,639
Open 2019 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $590,8832010Expenses 2011: $583,7062011Expenses 2012: $598,6422012Revenue 2013: $1,428,020Expenses 2013: $646,019Net Income 2013: $782,0012013Revenue 2014: $1,335,466Expenses 2014: $731,810Net Income 2014: $603,6562014Revenue 2015: $3,111,305Expenses 2015: $724,461Net Income 2015: $2,386,8442015Revenue 2016: $435,810Expenses 2016: $749,972Net Income 2016: -$314,1622016Revenue 2017: $615,933Expenses 2017: $757,421Net Income 2017: -$141,4882017Revenue 2018: $452,302Expenses 2018: $772,400Net Income 2018: -$320,0982018Revenue 2019: $522,506Expenses 2019: $792,507Net Income 2019: -$270,0012019Revenue 2020: $548,597Expenses 2020: $808,266Net Income 2020: -$259,6692020Revenue 2021: $785,141Expenses 2021: $838,427Net Income 2021: -$53,2862021Revenue 2022: $715,832Expenses 2022: $886,596Net Income 2022: -$170,7642022Revenue 2023: $495,515Expenses 2023: $921,403Net Income 2023: -$425,8882023Revenue 2024: $1,208,601Expenses 2024: $928,404Net Income 2024: $280,1972024

Highlighted filing

2019

Revenue$522,506
Expenses$792,507
Net Income-$270,001
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 1, 2020
Return Version
2019v5.0
Gross Receipts
$1,800,064
Mission and Program Overview

Mission

To provide funding support to the minneapolis institute of arts and the minneapolis college of art & design

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$12,155,396$11,885,639▼ $269,757
Investments in Publicly Traded Securities$11,690,149$11,598,471▼ $91,678
Savings and Temporary Cash Investments$401,872$226,756▼ $175,116
Accounts Receivable$41,280$41,408▲ $128
Land, Buildings, and Equipment, Net$16,420$16,420→ $0
Cash and Non-Interest-Bearing Accounts$5,651$2,584▼ $3,067
Rtn Earn Endowment Incm Other Fnds$-24--
Total Assets$12,155,372$11,885,639▼ $269,733
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,155,372$11,885,639▼ $269,733
Total Liabilities and Net Assets / Fund Balance$12,155,372$11,885,639▼ $269,733

Asset Categories

AssetBook ValueDepreciationBasis
Land$16,420--
Compensation and Service Providers
Top Officer Pay15th percentile

Employees

NameTitleBaseTotal
US Bank National AssociationTrustee$54,740$54,740
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$515,238
Other Revenue
$7,268
Change in Net Assets
$-270,001
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$729,570
Salaries, Compensation, and Employee Benefits$54,740
Other Expenses$8,197
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$729,570--$729,570
Current Officers, Directors, Trustees, and Key Employees$5,474$49,266-$54,740
Other Expenses$25$7,362-$7,362
Fees for Services Accounting$750--$750
Fees for Services Legal$60--$60
Total Functional Expenses$735,879$56,628$0$792,507
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minneapolis Institute of ArtsMinneapolis, MN501(c)3For General Support and Purchases of New Works of Art$535,928
Minneapolis College of Art & DesignMinneapolis, MN501(c)3General Support$193,643
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1A

“There are no material differences of voting rights”

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

“There are no committees that act on behalf of the governing body”

Form 990, Page 6, Part VI, Line 11-description of Process for Review

“No review has been or will be conducted”

FORM 990, PAGE 6, PART VI, LINE 15A

“Trustee fee is determined according to standard fee sheet which is competitive within the industry”

Form 990, Page 6, Part VI, Line 19

“Trustee will make documents available upon request”

Filing and Contact Details

Filer

Filer Name
Ethel M Van Derlip Tr Uw
EIN
41-6014949
Phone
6514668710
Address
PO BOX 0634, MILWAUKEE, WI 53201-0634

Signing Officer

Name
U S Bank N a by
Title
Trustee
Phone
6514668710
Signed
2020-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Same as C Above
Formed
1974
Legal Domicile
Mn
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Pricewaterhousecoopers Llp
Address
600 GRANT STREET, PITTSBURGH, PA 15219
Preparer
Joseph J Castriano
Phone
4123556000
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

“Cost basis adjustment - 268”

Raw XML AppendixShowing 400 of 458 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE TRUSTEE (U.S. BANK) IS REQUIRED TO HAVE A MEMBER SIT ON THE BOARD FOR THE MINNEAPOLIS INSTUTE OF ARTS WHICH ALLOWS THEM TO HAVE SIGNIFICANT INPUT INTO INVESTMENT DECISIONS AND PROVIDE OVERSIGHT INTO DIFFERENT PROGRAMS THAT ARE FUNDED BY THE MINNEAPOLIS INSTUTE OF FINE ARTS
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THIS TRUST WAS CREATED ON JUNE 19, 1934 AND HAS BEEN DEDICATED TO PROVIDING SUPPORT TO THE MINNEAPOLIS INSTUTE OF ARTS AND THE MINNEAPOLIS COLLEGE OF ART AND DESIGN. THERE HAS BEEN NO ADDITIONAL FUNDING TO THE TRUST SINCE NOVEMBER 11, 1970 AND IT HAS BEEN REQUIRED TO PAY OUT THE ENTIRE NET INCOME TO ITS CHARITABLE ORGANIZATIONS. IN ADDITION THE TRUSTEE CAN NOT CHANGE, BY THEIR OWN
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE CHARITABLE BENEFICIARIES ON THE ACCOUNT OR THE AMOUNT THAT THEY RECEIVE AND THE TRUSTEE IS NOT A DISQUALIFIED PERSON WITH RESPECT TO THE TRUST.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV SECTION D QUESTION 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART V SECTION D LINE 8
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART V SECTION D LINE 8 CONT
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt015334012
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt015167916
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt0347283
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt0232538
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt014986729
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt014935378
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt0230010
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt0227519
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt015104002
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt014940397
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt0528640
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt0522914
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt015334012
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt015167916
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt0528640
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt0522914
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0410693915
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1411607453
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd05
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd15
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0535928
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1193643
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MPLS INSTITUTE OF ARTS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1MPLS CLG OF ARTS & DESIGN
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0729571
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt016420
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt016420
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016420
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0535928
IRS990ScheduleI/RecipientTable/CashGrantAmt1193643
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FOR GENERAL SUPPORT AND PURCHASES OF NEW WORKS OF ART
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MINNEAPOLIS INSTITUTE OF ARTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MINNEAPOLIS COLLEGE OF ART & DESIGN
IRS990ScheduleI/RecipientTable/RecipientEIN0410693915
IRS990ScheduleI/RecipientTable/RecipientEIN1411607453
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02400 3RD AVE SOUTH
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12501 STEVENS AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0554043506
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1554044347
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Book Value
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1Book Value
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0TRUSTEE REVIEWS ALL DISTIBUTIONS TO MAKE SURE THAT FUNDS ARE USED IN ACCORDANCE WITH THE GOVERNING DOCUMENT
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO MATERIAL DIFFERENCES OF VOTING RIGHTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES THAT ACT ON BEHALF OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW HAS BEEN OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRUSTEE FEE IS DETERMINED ACCORDING TO STANDARD FEE SHEET WHICH IS COMPETITIVE WITHIN THE INDUSTRY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRUSTEE WILL MAKE DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COST BASIS ADJUSTMENT - 268
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MINNEAPOLIS INSTITUTE OF ARTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1MINNEAPOLIS COLLEGE OF ARTS AND DESIGN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0410693915
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1411607453
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ARTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SCHOOL FOR ARTS AND DESIGN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02400 3RD AVE SOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12501 STEVENS AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1MINNEAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0554043506
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd1554044347
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0535928
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1193643
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MINNEAPOLIS INSTITUTE OF ARTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1MINNEAPOLIS COLLEGE OF ART & DESIGN
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012155372
IRS990/TotalAssetsEOYAmt011885639
IRS990/TotalAssetsGrp/BOYAmt012155372
IRS990/TotalAssetsGrp/EOYAmt011885639
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056628

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,885,639
Liabilities
$0
Net assets
$11,885,639
Revenue
$522,506
Expenses
$792,507
Net income
-$270,001
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.2$0.00$11.2$1.21$0.93$0.28
2023Detailed filing. Detailed filing data is available for this year.$11.0$0.00$11.0$0.50$0.92$0.43
2022Detailed filing. Detailed filing data is available for this year.$11.4$0.00$11.4$0.72$0.89$0.17
2021Detailed filing. Detailed filing data is available for this year.$11.6$0.00$11.6$0.79$0.84$0.05
2020Detailed filing. Detailed filing data is available for this year.$11.6$0.00$11.6$0.55$0.81$0.26
2019Detailed filing. Detailed filing data is available for this year.$11.9$0.00$11.9$0.52$0.79$0.27
2018Detailed filing. Detailed filing data is available for this year.$12.2$0.00$12.2$0.45$0.77$0.32
2017Detailed filing. Detailed filing data is available for this year.$12.5$0.00$12.5$0.62$0.76$0.14
2016Detailed filing. Detailed filing data is available for this year.$12.7$0.00$12.7$0.44$0.75$0.31
2015Summary only. Only limited summary data is available for this year.$13.0$0.00$13.0$3.11$0.72$2.39
2014Summary only. Only limited summary data is available for this year.$10.6$0.00$10.6$1.34$0.73$0.60
2013Detailed filing. Detailed filing data is available for this year.$10.0$0.00$10.0$1.43$0.65$0.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.30$0.00$9.30$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.10$0.00$9.10$0.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.13$0.00$9.13$0.59