Liabilities / Assets
12th percentile
Higher debt load relative to assets than 12% of similar nonprofits.
990 • Fiscal year 2023 • EIN 88-1081197
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
12th percentile
Higher debt load relative to assets than 12% of similar nonprofits.
Liabilities / Revenue
7th percentile
Higher debt load relative to revenue than 7% of similar nonprofits.
Net Margin
99th percentile
Higher net margin than 99% of similar nonprofits.
Top Officer Pay
5th percentile
Higher top officer pay than 5% of similar nonprofits.
Top officer pay equals 0.1% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Assets
Up$89,098,644
Up $47,909,547 (+116%) from 2022
Net Assets
Up$87,467,378
Up $46,968,281 (+116%) from 2022
Liabilities
Up$1,631,266
Up $941,266 (+136%) from 2022
Revenue
Up$45,854,525
Up $5,490,331 (+14%) from 2022
Expenses
Up$214,258
Up $207,946 (+3294%) from 2022
Net Income
Up$45,640,267
Up $5,282,385 (+13%) from 2022
Minnesota masterpiece hall's mission is to build communities through quality experiences by presenting art masterworks, internationally-recognized concert artists, and inspirational education programs at accessible pricing, while also making the facility available for other non-profit organizations.
The mission is to build communities through quality experiences by presenting art masterworks, internationally-recognized concert artists, and inspirational education programs at accessible pricing, while also making the facility available for other non-profit organizations.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $39,144,211 | $75,151,303 | ▲ $36,007,092 |
| Land, Buildings, and Equipment, Net | $0 | $925,000 | ▲ $925,000 |
| Cash and Non-Interest-Bearing Accounts | $74,886 | $111,525 | ▲ $36,639 |
| Total Assets | $41,189,097 | $89,098,644 | ▲ $47,909,547 |
| Other Assets Total | $1,970,000 | $12,910,816 | ▲ $10,940,816 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $690,000 | $1,631,266 | ▲ $941,266 |
| Total Liabilities | $690,000 | $1,631,266 | ▲ $941,266 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $40,499,097 | $87,467,378 | ▲ $46,968,281 |
| Total Liabilities and Net Assets / Fund Balance | $41,189,097 | $89,098,644 | ▲ $47,909,547 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $925,000 | - | $925,000 |
| Other Assets Org | $2,010,316 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2023 | $10,000,000 | $20,000,000 | ▲ $2,023,102 | $2,023,102 | $30,000,000 |
| 2022 | $0 | $10,000,000 | ▲ $270,775 | $270,775 | $10,000,000 |
| Name | Title | Base | Total |
|---|---|---|---|
| Ned Kirk | CEO | $60,585 | $60,585 |
| Name | Title |
|---|---|
| Mary Burrichter | Chair |
| Cindy Telstad | Board Member |
| Elaine Haydock | Board Member |
| Ernie Gorman | Board Member |
| Hugh Miller | Board Member |
| Jeff Van Fossen | Board Member |
| Mark Swart | Board Member |
| Rachelle Schultz | Board Member |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Real Estate Other | 1 | $925,000 | Fair Market Value (FMV) |
| Securities Publicly Traded | 1 | $498,619 | Fair Market Value (FMV) |
| Total Noncash Contributions | 2 | $1,423,619 | - |
| Line Item | Amount |
|---|---|
| Other Expenses | $120,998 |
| Salaries, Compensation, and Employee Benefits | $93,260 |
| Total Fundraising Expense | $41,318 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Service Investment Mgmnt Fees | - | $91,376 | - | $91,376 |
| Other Salaries and Wages | - | $44,457 | $27,991 | $72,448 |
| Fees for Services Accounting | - | $20,329 | - | $20,329 |
| Other Employee Benefits | - | $9,287 | $5,848 | $15,135 |
| Payroll Taxes | - | $3,484 | $2,193 | $5,677 |
| Information Technology | - | $2,076 | $1,307 | $3,383 |
| Insurance | - | $994 | - | $994 |
| Office Expenses | - | $532 | - | $532 |
| Other Expenses | - | $186 | $185 | $371 |
| Occupancy | - | $124 | $78 | $202 |
| Fees for Services Other | - | $25 | - | $25 |
| Total Functional Expenses | $0 | $172,940 | $41,318 | $214,258 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $214,258 |
| Total Expenses per Audited Statements | $214,258 |
| Total Expenses per Form 990 | $214,258 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Robert Kierlin | Husband of Board Chair Mary Burrichter | Unusual Grants | No | $39,925,000 |
“A copy of the form 990 is presented to the excutive board for approval prior to filing.”
“The organization requires all officers, directors, trustees, and key employees to disclose any interests that could give rise to conflict. The organization monitors this annually.”
“The annual report and form 990 can be found online.”
“All governing documents are available through the business office and/or the ceo.”
“The board of directors, along with the ceo, review draft financials as well as the tax return prior to filing. An audit is required going forward, beginning with this tax year.”
“U.s. Gaap requires management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by a taxing authority. Management has analyzed the tax positions taken by the organization and has concluded that as of december 31, 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions. The organization will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 690000 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1631266 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE MISSION IS TO BUILD COMMUNITIES THROUGH QUALITY EXPERIENCES BY PRESENTING ART MASTERWORKS, INTERNATIONALLY-RECOGNIZED CONCERT ARTISTS, AND INSPIRATIONAL EDUCATION PROGRAMS AT ACCESSIBLE PRICING, WHILE ALSO MAKING THE FACILITY AVAILABLE FOR OTHER NON-PROFIT ORGANIZATIONS. |
| IRS990/AllOtherContributionsAmt | 0 | 42929571 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | NED KIRK |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5074740134 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 322 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WINONA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 559870322 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 1 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 74886 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 111525 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 42929571 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2924954 |
| IRS990/CYOtherExpensesAmt | 0 | 120998 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 45640267 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 93260 |
| IRS990/CYTotalExpensesAmt | 0 | 214258 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 41318 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 45854525 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | NO SERVICES PERFORMED IN 2023. THE ENTIRE YEAR WAS SPENT DESIGNING & CONSTRUCTING THE BUILDING, WHICH IS STILL ONGOING. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 1 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 20329 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 20329 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 25 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 25 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 91376 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 91376 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MARY BURRICHTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ERNIE GORMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | HUGH MILLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RACHELLE SCHULTZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CINDY TELSTAD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MARK SWART |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JEFF VAN FOSSEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ELAINE HAYDOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | NED KIRK |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 60585 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2022 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 1598670 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 145646405 |
| IRS990/GrossReceiptsAmt | 0 | 189902260 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 1307 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 2076 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 3383 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 994 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 994 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1326284 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1326284 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 39144211 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 75151303 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 925000 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 925000 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 144047735 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | MINNESOTA MASTERPIECE HALL'S MISSION IS TO BUILD COMMUNITIES THROUGH QUALITY EXPERIENCES BY PRESENTING ART MASTERWORKS, INTERNATIONALLY-RECOGNIZED CONCERT ARTISTS, AND INSPIRATIONAL EDUCATION PROGRAMS AT ACCESSIBLE PRICING, WHILE ALSO MAKING THE FACILITY AVAILABLE FOR OTHER NON-PROFIT ORGANIZATIONS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 40499097 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 87467378 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 1598670 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 1598670 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 1328014 |
| IRS990/NoncashContributionsAmt | 0 | 925000 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 78 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 124 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 202 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 532 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 532 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1970000 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 12910816 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 5848 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 9287 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 15135 |
| IRS990/OtherExpensesGrp/Desc | 0 | FUNDRAISING |
| IRS990/OtherExpensesGrp/Desc | 1 | POSTAGE & SHIPPING |
| IRS990/OtherExpensesGrp/Desc | 2 | BANK & CREDIT CARD CHAR |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 3084 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 632 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 185 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 70 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 186 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 3084 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 702 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 371 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 27991 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 44457 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 72448 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 2193 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3484 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 5677 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | NED KIRK |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 40074495 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 289699 |
| IRS990/PYOtherExpensesAmt | 0 | 6312 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 40357882 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 6312 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 40364194 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 45640267 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | DESCRIPTION: CASH DATE: 01/31/23 AMOUNT: 10000000. DESCRIPTION: CASH DATE: 01/31/23 AMOUNT: 5000000. DESCRIPTION: CASH DATE: 02/28/23 AMOUNT: 24000000. DESCRIPTION: LAND DATE: 10/31/23 AMOUNT: 925000. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 3929571 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 74495 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 4004066 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 1329284 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 289699 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 1618983 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 1329284 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 289699 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 1618983 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 4004066 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 3929571 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 74495 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 4004066 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 5258855 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 364194 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 5623049 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 10000000 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 20000000 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 30000000 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 2023102 |
| IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt | 0 | 2023102 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 0 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 10000000 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 10000000 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 270775 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 270775 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 214258 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 925000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 925000 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 1328014 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 10900500 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 2010316 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | CONSTRUCTION IN PROGRESS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | UNCONDITIONAL PROMISES TO GIVE, NET |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 1328014 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 45854525 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. THE ORGANIZATION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 925000 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 12910816 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 214258 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 45854525 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 47182539 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 214258 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | ROBERT KIERLIN |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | HUSBAND OF BOARD CHAIR MARY BURRICHTER |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 39925000 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | UNUSUAL GRANTS |
| IRS990ScheduleM/AnyPropertyThatMustBeHeldInd | 0 | 0 |
| IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt | 0 | 1 |
| IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt | 0 | FMV |
| IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt | 0 | 925000 |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | 0 |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt | 0 | 1 |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt | 0 | FMV |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt | 0 | 498619 |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A COPY OF THE FORM 990 IS PRESENTED TO THE EXCUTIVE BOARD FOR APPROVAL PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION REQUIRES ALL OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICT. THE ORGANIZATION MONITORS THIS ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ANNUAL REPORT AND FORM 990 CAN BE FOUND ONLINE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ALL GOVERNING DOCUMENTS ARE AVAILABLE THROUGH THE BUSINESS OFFICE AND/OR THE CEO. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE BOARD OF DIRECTORS, ALONG WITH THE CEO, REVIEW DRAFT FINANCIALS AS WELL AS THE TAX RETURN PRIOR TO FILING. AN AUDIT IS REQUIRED GOING FORWARD, BEGINNING WITH THIS TAX YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XII, LINE 2C: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 41189097 |
| IRS990/TotalAssetsEOYAmt | 0 | 89098644 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 41189097 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 89098644 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 42929571 |
| IRS990/TotalEmployeeCnt | 0 | 2 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 41318 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 172940 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 214258 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 690000 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1631266 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 690000 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1631266 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 40499097 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 87467378 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 60585 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 2924954 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 45854525 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 41189097 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 89098644 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 322 |
| IRS990/USAddress/CityNm | 0 | WINONA |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 559870322 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | MNMASTERPIECEHALL.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NED KIRK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $94.2 | $0.99 | $93.2 | $5.87 | $0.31 | $5.56 |
| 2023Detailed filing. Detailed filing data is available for this year. | $89.1 | $1.63 | $87.5 | $45.9 | $0.21 | $45.6 |
| 2022Detailed filing. Detailed filing data is available for this year. | $41.2 | $0.69 | $40.5 | $40.4 | $0.01 | $40.4 |