Civic Intelligence

John R Van Derlip Tr UW

EIN 41-6015288 • 4947(a)1 • Milwaukee, WI

Profile

To provide funds to the minneapolis institute of arts for the acquisition of new objects of art for the permanent collection

PO Box 0634Milwaukee, WI 53201-0634

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

15th percentile

0.00x

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

$25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

16th percentile

0.00x

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

$25M-$50M nonprofits • Source year 2024

Net Margin

88th percentile

54%

Higher net margin than 88% of similar nonprofits.

$25M-$50M nonprofits • Source year 2024

Top Officer Pay

39th percentile

$174,404

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

$25M-$50M nonprofits • Source year 2024

Asset Growth

66th percentile

8.9%

Faster asset growth than 66% of similar nonprofits.

$25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

76%

Faster revenue growth than 86% of similar nonprofits.

$25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$39,360,887

Up $3,228,966 (+8.9%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$39,360,887

Up $3,228,966 (+8.9%) from 2023

Revenue

Up

$5,643,619

Up $2,442,131 (+76%) from 2023

Expenses

Up

$2,607,328

Up $44,457 (+1.7%) from 2023

Net Income

Up

$3,036,291

Up $2,397,674 (+375%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $34,588,697Liabilities 2010: $0Net Assets 2010: $34,588,6972010Assets 2012: $37,060,816Liabilities 2012: $0Net Assets 2012: $37,060,8162012Assets 2013: $36,506,024Liabilities 2013: $0Net Assets 2013: $36,506,0242013Assets 2016: $35,638,775Liabilities 2016: $0Net Assets 2016: $35,638,7752016Assets 2017: $35,247,765Liabilities 2017: $0Net Assets 2017: $35,247,7652017Assets 2018: $36,267,941Liabilities 2018: $0Net Assets 2018: $36,267,9412018Assets 2019: $35,500,020Liabilities 2019: $0Net Assets 2019: $35,500,0202019Assets 2020: $34,160,637Liabilities 2020: $0Net Assets 2020: $34,160,6372020Assets 2021: $35,603,983Liabilities 2021: $0Net Assets 2021: $35,603,9832021Assets 2022: $35,543,168Liabilities 2022: $0Net Assets 2022: $35,543,1682022Assets 2023: $36,131,921Liabilities 2023: $0Net Assets 2023: $36,131,9212023Assets 2024: $39,360,887Liabilities 2024: $0Net Assets 2024: $39,360,8872024

Highlighted filing

2024

Assets$39,360,887
Liabilities$0
Net Assets$39,360,887

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,226,9332010Expenses 2012: $2,096,8052012Revenue 2013: $1,605,702Expenses 2013: $2,160,470Net Income 2013: -$554,7682013Revenue 2016: $952,807Expenses 2016: $2,280,010Net Income 2016: -$1,327,2032016Revenue 2017: $1,877,224Expenses 2017: $2,268,245Net Income 2017: -$391,0212017Revenue 2018: $3,529,758Expenses 2018: $2,279,400Net Income 2018: $1,250,3582018Revenue 2019: $1,504,190Expenses 2019: $2,297,052Net Income 2019: -$792,8622019Revenue 2020: $859,559Expenses 2020: $2,311,839Net Income 2020: -$1,452,2802020Revenue 2021: $4,156,554Expenses 2021: $2,393,068Net Income 2021: $1,763,4862021Revenue 2022: $2,300,161Expenses 2022: $2,516,464Net Income 2022: -$216,3032022Revenue 2023: $3,201,488Expenses 2023: $2,562,871Net Income 2023: $638,6172023Revenue 2024: $5,643,619Expenses 2024: $2,607,328Net Income 2024: $3,036,2912024

Highlighted filing

2024

Revenue$5,643,619
Expenses$2,607,328
Net Income$3,036,291

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$39.4$0.00$39.4$5.64$2.61$3.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.1$0.00$36.1$3.20$2.56$0.64
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.5$0.00$35.5$2.30$2.52$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.6$0.00$35.6$4.16$2.39$1.76
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.2$0.00$34.2$0.86$2.31$1.45
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.5$0.00$35.5$1.50$2.30$0.79
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.3$0.00$36.3$3.53$2.28$1.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.2$0.00$35.2$1.88$2.27$0.39
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.6$0.00$35.6$0.95$2.28$1.33
2013Detailed filing. Detailed filing data is available for this year.$36.5$0.00$36.5$1.61$2.16$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.1$0.00$37.1$2.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.6$0.00$34.6$2.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$13,712,739
Mission and Program Overview

Mission

To provide funds to the minneapolis institute of arts for the acquisition of new objects of art for the permanent collection

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$36,131,921$39,360,887▲ $3,228,966
Investments in Publicly Traded Securities$30,186,245$35,398,187▲ $5,211,942
Savings and Temporary Cash Investments$5,931,513$3,948,399▼ $1,983,114
Total Assets$36,131,921$39,360,887▲ $3,228,966
Other Assets Total$14,163$14,301▲ $138
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$36,131,921$39,360,887▲ $3,228,966
Total Liabilities and Net Assets / Fund Balance$36,131,921$39,360,887▲ $3,228,966
Compensation and Service Providers

Employees

NameTitleBaseTotal
US Bank National AssociationTrustee$174,404$174,404

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$5,604,385
Other Revenue
$39,234
Change in Net Assets
$3,036,291
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,384,820
Salaries, Compensation, and Employee Benefits$174,404
Other Expenses$48,104
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,384,820--$2,384,820
Current Officers, Directors, Trustees, and Key Employees$34,881$139,523-$174,404
Fees for Services Accounting$1,500--$1,500
Fees for Services Legal$60--$60
Other Expenses$25$29-$29
Total Functional Expenses$2,421,286$186,042$0$2,607,328
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Minneapolis Institute of ArtsMinneapolis, MN501(c)3Acquisition of New Objects of Art for the Permanent Collection$2,384,820
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
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

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

No review was or will be conducted

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

Trustee fee is determined in accordance with 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
John R Van Derlip Tr Uw
EIN
41-6015288
Phone
6514668710
Address
PO BOX 0634, MILWAUKEE, WI 53201-0634

Signing Officer

Name
U S Bank N a by
Title
Trustee
Phone
6514668710
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Formed
1935
Legal Domicile
Mn
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Pwc US Tax Llp
Address
301 GRANT STREET 45TH FLOOR, PITTSBURGH, PA 15219
Preparer
Allison J Valenty
Phone
4123556000
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

Partnership income adj ($37,289), partnership distribution adj $230,082, nuveen earn out payment $188, cost basis adjustment ($306)

Raw XML AppendixShowing 400 of 427 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE FUNDS TO THE MINNEAPOLIS INSTITUTE OF ARTS FOR THE ACQUISITION OF NEW OBJECTS OF ART FOR THE PERMANENT COLLECTION
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0U S BANK NATIONAL ASSOCIATION
IRS990/BooksInCareOfDetail/PhoneNum06514668710
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 FIFTH STREET E
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAINT PAUL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055101
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0139523
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt034881
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0174404
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt02384820
IRS990/CYInvestmentIncomeAmt05604385
IRS990/CYOtherExpensesAmt048104
IRS990/CYOtherRevenueAmt039234
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt03036291
IRS990/CYSalariesCompEmpBnftPaidAmt0174404
IRS990/CYTotalExpensesAmt02607328
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05643619
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0FUNDING SUPPORT TO THE MINNEAPOLIS INSTITUTE OF ARTS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/ExpenseAmt02421286
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01500
IRS990/FeesForServicesAccountingGrp/TotalAmt01500
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt060
IRS990/FeesForServicesLegalGrp/TotalAmt060
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0US BANK NATIONAL ASSOCIATION
IRS990/Form990PartVIISectionAGrp/PersonNm1MINNEAPOLIS INSTITUTE OF ARTS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0174404
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01935
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt04297092
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantAmt02384820
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02384820
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02384820
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt012366212
IRS990/GrossReceiptsAmt013712739
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01307293
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01307293
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt030186245
IRS990/InvestmentsPubTradedSecGrp/EOYAmt035398187
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt08069120
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE FUNDS TO THE MINNEAPOLIS INSTITUTE OF ARTS FOR THE ACQUISITION OF NEW OBJECTS OF ART FOR THE PERMANENT COLLECTION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt036131921
IRS990/NetAssetsOrFundBalancesEOYAmt039360887
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt04297092
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04297092
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization4947a1NotPFInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0true
IRS990/OtherAssetsTotalGrp/BOYAmt014163
IRS990/OtherAssetsTotalGrp/EOYAmt014301
IRS990/OtherChangesInNetAssetsAmt0192675
IRS990/OtherExpensesGrp/Desc0FOREIGN TAXES PAID ON DIVIDENDS
IRS990/OtherExpensesGrp/Desc1MINNESOTA FILING FEE
IRS990/OtherExpensesGrp/Desc2PRIOR YEAR TAX 990-T
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt046490
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt129
IRS990/OtherExpensesGrp/ProgramServicesAmt025
IRS990/OtherExpensesGrp/TotalAmt046490
IRS990/OtherExpensesGrp/TotalAmt125
IRS990/OtherExpensesGrp/TotalAmt229
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0NET INCOME FROM PARTNERSHIPS
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt040767
IRS990/OtherRevenueMiscGrp/ExclusionAmt11945
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt037289
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11945
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-3478
IRS990/OtherRevenueTotalAmt039234
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02365164
IRS990/PYInvestmentIncomeAmt03014530
IRS990/PYOtherExpensesAmt040530
IRS990/PYOtherRevenueAmt0186958
IRS990/PYRevenuesLessExpensesAmt0638617
IRS990/PYSalariesCompEmpBnftPaidAmt0157177
IRS990/PYTotalExpensesAmt02562871
IRS990/PYTotalRevenueAmt03201488
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03036291
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt036131921
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt039360887
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05931513
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03948399
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/CurrentYearAmt01367250
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt01273274
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/CurrentYearAmt067242
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt057504
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/CurrentYearAmt01367250
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt01273274
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/CurrentYearAmt0139523
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt0125741
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/CurrentYearAmt01160485
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt01090029
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt01090029
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt01604639
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt01604639
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt0926525
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt01604639
IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt01604639
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt01604639
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt02421286
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt02421286
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt05561474
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt02402035
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt02338490
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt02238956
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt0186632
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt07982760
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt02421286
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt02402035
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt02338490
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt0820949
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt07166113
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt036466
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt01604639
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt02384820
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt02421286
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
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 VOICE 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. 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 DISCRETION, THE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2CHARITABLE 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/CurrentYearAmt049974891
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt046545005
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt03804561
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt05715156
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt046170330
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt040829849
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt0749623
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt0698175
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt049225268
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt045846830
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt01722884
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt01604639
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt049974891
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt046545005
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt01722884
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt01604639
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0410693915
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02384820
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MPLS INSTITUTE OF ARTS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt02384820
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt02384820
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ACQUISITION OF NEW OBJECTS OF ART FOR THE PERMANENT COLLECTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MINNEAPOLIS INSTITUTE OF ARTS
IRS990ScheduleI/RecipientTable/RecipientEIN0410693915
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02400 3RD AVE SOUTH
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0554043506
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0DISTRIBUTIONS ARE REGULARLY REVIEWED TO BE SURE THAT FUNDS ARE USED FOR THE PURPOSES EXPRESSED IN 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/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRUSTEE FEE IS DETERMINED IN ACCORDANCE WITH STANDARD FEE SHEET WHICH IS COMPETITIVE WITHIN THE INDUSTRY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TRUSTEE WILL MAKE DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PARTNERSHIP INCOME ADJ ($37,289), PARTNERSHIP DISTRIBUTION ADJ $230,082, NUVEEN EARN OUT PAYMENT $188, COST BASIS ADJUSTMENT ($306)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4EXPLANATION FOR FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MINNEAPOLIS INSTITUTE OF ARTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0410693915
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ARTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02400 3RD AVE SOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0554043506
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02384820
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MINNEAPOLIS INSTITUTE OF ARTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TaxExemptInterestAmt09391
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt036131921
IRS990/TotalAssetsEOYAmt039360887
IRS990/TotalAssetsGrp/BOYAmt036131921
IRS990/TotalAssetsGrp/EOYAmt039360887
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0186042
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02421286
IRS990/TotalFunctionalExpensesGrp/TotalAmt02607328
IRS990/TotalGrossUBIAmt0-3478
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt036131921
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt039360887
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02421286
IRS990/TotalReportableCompFromOrgAmt0174404
IRS990/TotalRevenueGrp/ExclusionAmt05647097
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05643619
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-3478
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt036131921
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt039360887
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0U S BANK N A BY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.