Civic Intelligence

Ethel M Vanderlip Trust 1379

990 • Fiscal year 2018 • EIN 41-6014949

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 21, 2019

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.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

4th percentile

0.00x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

4th percentile

-71%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

14th percentile

$52,978

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

27th percentile

-3.0%

Faster asset growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-27%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets4th percentile

Assets

Down

$12,155,372

Down $376,687 (-3.0%) from 2017

Net Assets

Down

$12,155,372

Down $376,687 (-3.0%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin4th percentile

Revenue

Down

$452,302

Down $163,631 (-27%) from 2017

Expenses

Up

$772,400

Up $14,979 (+2.0%) from 2017

Net Income

Down

-$320,098

Down $178,610 (-126%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth27th 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

2018

Assets$12,155,372
Liabilities$0
Net Assets$12,155,372
Open 2018 Filing

Operations Trend

Revenue Growth10th 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

2018

Revenue$452,302
Expenses$772,400
Net Income-$320,098
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 21, 2019
Return Version
2018v3.0
Gross Receipts
$1,456,407
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$12,532,059$12,155,396▼ $376,663
Investments in Publicly Traded Securities$12,173,112$11,690,149▼ $482,963
Savings and Temporary Cash Investments-$401,872-
Accounts Receivable$40,085$41,280▲ $1,195
Land, Buildings, and Equipment, Net$16,420$16,420→ $0
Cash and Non-Interest-Bearing Accounts$302,442$5,651▼ $296,791
Rtn Earn Endowment Incm Other Fnds-$-24-
Total Assets$12,532,059$12,155,372▼ $376,687
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,532,059$12,155,372▼ $376,687
Total Liabilities and Net Assets / Fund Balance$12,532,059$12,155,372▼ $376,687

Asset Categories

AssetBook ValueDepreciationBasis
Land$16,420--
Compensation and Service Providers
Top Officer Pay14th percentile

Employees

NameTitleBaseTotal
US Bank National AssociationTrustee$52,978$52,978
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$445,034
Other Revenue
$7,268
Change in Net Assets
$-320,098
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$706,669
Salaries, Compensation, and Employee Benefits$52,978
Other Expenses$12,753
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$706,669--$706,669
Current Officers, Directors, Trustees, and Key Employees$5,298$47,680-$52,978
Other Expenses$25$6,467-$6,467
Fees for Services Legal$5,511--$5,511
Fees for Services Accounting$750--$750
Total Functional Expenses$718,253$54,147$0$772,400
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minneapolis Institute of ArtsMinneapolis, MN501(c)3For General Support and Purchases of New Works of Art$518,752
Minneapolis College of Art & DesignMinneapolis, MN501(c)3General Support$187,917
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 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
2019-10-21
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

“Nuveen core plus bond roc adj (-53,988), goldman sachs comm strat roc adj (-2,606) rounding adj 5”

Raw XML AppendixShowing 400 of 456 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/CurrentYearAmt015167916
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt014790635
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt0232538
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt0235499
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt014935378
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt014555136
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt0227519
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt0221860
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt014940397
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt014568775
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt0522914
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt0509907
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt015167916
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt014790635
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt0522914
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt0509907
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/SupportAmt0518752
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1187917
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MPLS INSTITUTE OF ARTS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1MPLS CLG OF ARTS & DESIGN
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0706669
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt016420
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt016420
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016420
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0518752
IRS990ScheduleI/RecipientTable/CashGrantAmt1187917
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/ExplanationTxt5NUVEEN CORE PLUS BOND ROC ADJ (-53,988), GOLDMAN SACHS COMM STRAT ROC ADJ (-2,606) ROUNDING ADJ 5
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/InvolvedAmt0518752
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1187917
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/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt012532059
IRS990/TotalAssetsEOYAmt012155372
IRS990/TotalAssetsGrp/BOYAmt012532059
IRS990/TotalAssetsGrp/EOYAmt012155372
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt054147
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0718253
IRS990/TotalFunctionalExpensesGrp/TotalAmt0772400

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,155,372
Liabilities
$0
Net assets
$12,155,372
Revenue
$452,302
Expenses
$772,400
Net income
-$320,098
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