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Employer Identification Number 41-0693915

MINNEAPOLIS SOCIETY OF FINE ARTS is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MINNEAPOLIS SOCIETY OF FINE ARTS
Employer identification number (EIN):41-0693915
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:712100
NAIC Description: Museums, Historical Sites, and Similar Institutions
401k Pension/Benefits registration MINNEAPOLIS SOCIETY OF FINE ARTS 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementENRICHING THE COMMUNITY BY COLLECTING, PRESERVING AND MAKING ACCESSIBLE OUTSTANDING WORKS OF ART
Number of Employees440
Number of Volunteers438
Year Formed1883

Organization Governance

Legal DomicileMN
Voting Members - Governing Body58
Voting Members - Independent57

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 244,922
Net unrelated business incomeUSD $ 139,857
Program Service Revenue from prior yearUSD $ 2,471,946
Program Service Revenue from current yearUSD $ 3,377,885
Investment Income from prior yearUSD $ 7,016,299
Investment Income from current yearUSD $ 9,221,987
Other Revenue from prior yearUSD $ 835,552
Other Revenue from current yearUSD $ 1,573,260
Gross receipts from all sourcesUSD $ 108,024,238
Net assets / fund balances at end of fiscal yearUSD $ 379,113,695
Net assets / fund balances at beginning of fiscal yearUSD $ 345,559,082
Total liabilities at end of fiscal yearUSD $ 7,001,870
Total liabilities at beginning of fiscal yearUSD $ 6,472,744
Total assets at end of fiscal yearUSD $ 386,115,565
Total assets at beginning of fiscal yearUSD $ 352,031,826
Revenues less expenses for current yearUSD $ 13,121,645
Revenues less expenses for previous yearUSD $ 12,368,922
Total expenses for current yearUSD $ 50,782,025
Total expenses for previous yearUSD $ 42,039,033
Other expenses in current yearUSD $ 30,380,568
Other expenses in previous yearUSD $ 24,187,668
Total fundraising expenses in current yearUSD $ 2,407,668
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 20,401,457
Employee salary and benefits paid in previous yearUSD $ 17,851,365
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 63,903,670
Total revenue in previous fiscal yearUSD $ 54,407,955
Contributions and grants from current yearUSD $ 49,730,538
Contributions and grants from previous yearUSD $ 44,084,158
Gross income from fundraising eventsUSD $ 8,550
Cost of goods soldUSD $ 669,174
Revenue from membership duesUSD $ 1,846,959
Gross sales of inventory assetsUSD $ 1,492,320
Total of other revenueUSD $ 797,977
2022-06-30
Total unrelated business incomeUSD $ 630,600
Net unrelated business incomeUSD $ 523,523
Program Service Revenue from prior yearUSD $ 4,956,361
Program Service Revenue from current yearUSD $ 2,471,946
Investment Income from prior yearUSD $ 13,806,009
Investment Income from current yearUSD $ 7,016,299
Other Revenue from prior yearUSD $ 299,991
Other Revenue from current yearUSD $ 835,552
Gross receipts from all sourcesUSD $ 82,338,851
Net assets / fund balances at end of fiscal yearUSD $ 345,559,082
Net assets / fund balances at beginning of fiscal yearUSD $ 383,401,428
Total liabilities at end of fiscal yearUSD $ 6,472,744
Total liabilities at beginning of fiscal yearUSD $ 5,707,546
Total assets at end of fiscal yearUSD $ 352,031,826
Total assets at beginning of fiscal yearUSD $ 389,108,974
Revenues less expenses for current yearUSD $ 12,368,922
Revenues less expenses for previous yearUSD $ 9,663,481
Total expenses for current yearUSD $ 42,039,033
Total expenses for previous yearUSD $ 43,096,323
Other expenses in current yearUSD $ 24,187,668
Other expenses in previous yearUSD $ 24,397,764
Total fundraising expenses in current yearUSD $ 2,031,370
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 17,851,365
Employee salary and benefits paid in previous yearUSD $ 18,698,559
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 54,407,955
Total revenue in previous fiscal yearUSD $ 52,759,804
Contributions and grants from current yearUSD $ 44,084,158
Contributions and grants from previous yearUSD $ 33,697,443
Gross income from fundraising eventsUSD $ 45,746
Cost of goods soldUSD $ 406,779
Revenue from membership duesUSD $ 1,677,632
Gross sales of inventory assetsUSD $ 869,914
Total of other revenueUSD $ 428,637
2021-06-30
Total unrelated business incomeUSD $ 58,804
Net unrelated business incomeUSD $ 4,342
Program Service Revenue from prior yearUSD $ 3,028,366
Program Service Revenue from current yearUSD $ 4,956,361
Investment Income from prior yearUSD $ 3,460,701
Investment Income from current yearUSD $ 13,806,009
Other Revenue from prior yearUSD $ 456,880
Other Revenue from current yearUSD $ 299,991
Gross receipts from all sourcesUSD $ 118,838,386
Net assets / fund balances at end of fiscal yearUSD $ 383,401,428
Net assets / fund balances at beginning of fiscal yearUSD $ 316,542,565
Total liabilities at end of fiscal yearUSD $ 5,707,546
Total liabilities at beginning of fiscal yearUSD $ 12,056,299
Total assets at end of fiscal yearUSD $ 389,108,974
Total assets at beginning of fiscal yearUSD $ 328,598,864
Revenues less expenses for current yearUSD $ 9,663,481
Revenues less expenses for previous yearUSD $ -7,020,116
Total expenses for current yearUSD $ 43,096,323
Total expenses for previous yearUSD $ 40,407,912
Other expenses in current yearUSD $ 24,397,764
Other expenses in previous yearUSD $ 16,639,163
Total fundraising expenses in current yearUSD $ 1,736,252
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 18,698,559
Employee salary and benefits paid in previous yearUSD $ 23,768,749
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 52,759,804
Total revenue in previous fiscal yearUSD $ 33,387,796
Contributions and grants from current yearUSD $ 33,697,443
Contributions and grants from previous yearUSD $ 26,441,849
Gross income from fundraising eventsUSD $ 850
Cost of goods soldUSD $ 165,442
Revenue from membership duesUSD $ 2,350,865
Gross sales of inventory assetsUSD $ 316,384
Total of other revenueUSD $ 129,938
2020-06-30
Total unrelated business incomeUSD $ 114,701
Net unrelated business incomeUSD $ 23,198
Program Service Revenue from prior yearUSD $ 4,556,061
Program Service Revenue from current yearUSD $ 3,028,366
Investment Income from prior yearUSD $ 19,514,422
Investment Income from current yearUSD $ 3,460,701
Other Revenue from prior yearUSD $ 184,454
Other Revenue from current yearUSD $ 456,880
Gross receipts from all sourcesUSD $ 98,010,993
Net assets / fund balances at end of fiscal yearUSD $ 316,542,565
Net assets / fund balances at beginning of fiscal yearUSD $ 318,891,428
Total liabilities at end of fiscal yearUSD $ 12,056,299
Total liabilities at beginning of fiscal yearUSD $ 13,351,160
Total assets at end of fiscal yearUSD $ 328,598,864
Total assets at beginning of fiscal yearUSD $ 332,242,588
Revenues less expenses for current yearUSD $ -7,020,116
Revenues less expenses for previous yearUSD $ -252,428
Total expenses for current yearUSD $ 40,407,912
Total expenses for previous yearUSD $ 49,193,754
Other expenses in current yearUSD $ 16,639,163
Other expenses in previous yearUSD $ 28,042,645
Total fundraising expenses in current yearUSD $ 2,317,116
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 61,622
Employee salary and benefits paid in current yearUSD $ 23,768,749
Employee salary and benefits paid in previous yearUSD $ 21,089,487
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 33,387,796
Total revenue in previous fiscal yearUSD $ 48,941,326
Contributions and grants from current yearUSD $ 26,441,849
Contributions and grants from previous yearUSD $ 24,686,389
Gross income from fundraising eventsUSD $ 197,139
Cost of goods soldUSD $ 340,017
Revenue from membership duesUSD $ 1,561,443
Gross sales of inventory assetsUSD $ 594,870
Total of other revenueUSD $ 61,066
2019-06-30
Total unrelated business incomeUSD $ 85,706
Net unrelated business incomeUSD $ 37,063
Program Service Revenue from prior yearUSD $ 2,955,680
Program Service Revenue from current yearUSD $ 4,556,061
Investment Income from prior yearUSD $ 15,017,406
Investment Income from current yearUSD $ 19,514,422
Other Revenue from prior yearUSD $ -2,187
Other Revenue from current yearUSD $ 184,454
Gross receipts from all sourcesUSD $ 127,496,276
Net assets / fund balances at end of fiscal yearUSD $ 318,891,428
Net assets / fund balances at beginning of fiscal yearUSD $ 327,901,324
Total liabilities at end of fiscal yearUSD $ 13,351,160
Total liabilities at beginning of fiscal yearUSD $ 12,038,330
Total assets at end of fiscal yearUSD $ 332,242,588
Total assets at beginning of fiscal yearUSD $ 339,939,654
Revenues less expenses for current yearUSD $ -252,428
Revenues less expenses for previous yearUSD $ 2,534,997
Total expenses for current yearUSD $ 49,193,754
Total expenses for previous yearUSD $ 42,967,238
Other expenses in current yearUSD $ 28,042,645
Other expenses in previous yearUSD $ 22,095,081
Total fundraising expenses in current yearUSD $ 2,403,957
Professional fundraising fees from current yearUSD $ 61,622
Professional fundraising fees from previous yearUSD $ 94,190
Employee salary and benefits paid in current yearUSD $ 21,089,487
Employee salary and benefits paid in previous yearUSD $ 20,777,967
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 48,941,326
Total revenue in previous fiscal yearUSD $ 45,502,235
Contributions and grants from current yearUSD $ 24,686,389
Contributions and grants from previous yearUSD $ 27,531,336
Gross income from fundraising eventsUSD $ 327,551
Cost of goods soldUSD $ 486,767
Revenue from membership duesUSD $ 1,620,885
Gross sales of inventory assetsUSD $ 888,641
Total of other revenueUSD $ 50,212
2018-06-30
Total unrelated business incomeUSD $ 205,566
Net unrelated business incomeUSD $ 118,120
Program Service Revenue from prior yearUSD $ 4,584,748
Program Service Revenue from current yearUSD $ 2,955,680
Investment Income from prior yearUSD $ 7,484,437
Investment Income from current yearUSD $ 15,017,406
Other Revenue from prior yearUSD $ 435,877
Other Revenue from current yearUSD $ -2,187
Gross receipts from all sourcesUSD $ 112,073,634
Net assets / fund balances at end of fiscal yearUSD $ 327,901,324
Net assets / fund balances at beginning of fiscal yearUSD $ 323,007,838
Total liabilities at end of fiscal yearUSD $ 12,038,330
Total liabilities at beginning of fiscal yearUSD $ 15,478,693
Total assets at end of fiscal yearUSD $ 339,939,654
Total assets at beginning of fiscal yearUSD $ 338,486,531
Revenues less expenses for current yearUSD $ 2,534,997
Revenues less expenses for previous yearUSD $ -6,749,159
Total expenses for current yearUSD $ 42,967,238
Total expenses for previous yearUSD $ 41,681,111
Other expenses in current yearUSD $ 22,095,081
Other expenses in previous yearUSD $ 21,186,636
Total fundraising expenses in current yearUSD $ 2,116,235
Professional fundraising fees from current yearUSD $ 94,190
Professional fundraising fees from previous yearUSD $ 13,211
Employee salary and benefits paid in current yearUSD $ 20,777,967
Employee salary and benefits paid in previous yearUSD $ 20,481,264
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 45,502,235
Total revenue in previous fiscal yearUSD $ 34,931,952
Contributions and grants from current yearUSD $ 27,531,336
Contributions and grants from previous yearUSD $ 22,426,890
Gross income from fundraising eventsUSD $ 358,896
Cost of goods soldUSD $ 398,555
Revenue from membership duesUSD $ 1,618,856
Gross sales of inventory assetsUSD $ 660,066
2017-06-30
Total unrelated business incomeUSD $ 42,728
Net unrelated business incomeUSD $ 5,404
Program Service Revenue from prior yearUSD $ 3,172,986
Program Service Revenue from current yearUSD $ 4,584,748
Investment Income from prior yearUSD $ 10,191,621
Investment Income from current yearUSD $ 7,484,437
Other Revenue from prior yearUSD $ 264,041
Other Revenue from current yearUSD $ 435,877
Gross receipts from all sourcesUSD $ 147,126,413
Net assets / fund balances at end of fiscal yearUSD $ 323,007,838
Net assets / fund balances at beginning of fiscal yearUSD $ 308,211,817
Total liabilities at end of fiscal yearUSD $ 15,478,693
Total liabilities at beginning of fiscal yearUSD $ 11,800,656
Total assets at end of fiscal yearUSD $ 338,486,531
Total assets at beginning of fiscal yearUSD $ 320,012,473
Revenues less expenses for current yearUSD $ -6,749,159
Revenues less expenses for previous yearUSD $ -2,592,248
Total expenses for current yearUSD $ 41,681,111
Total expenses for previous yearUSD $ 39,178,897
Other expenses in current yearUSD $ 21,186,636
Other expenses in previous yearUSD $ 20,006,811
Total fundraising expenses in current yearUSD $ 2,129,625
Professional fundraising fees from current yearUSD $ 13,211
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 20,481,264
Employee salary and benefits paid in previous yearUSD $ 19,172,086
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 34,931,952
Total revenue in previous fiscal yearUSD $ 36,586,649
Contributions and grants from current yearUSD $ 22,426,890
Contributions and grants from previous yearUSD $ 22,958,001
Gross income from fundraising eventsUSD $ 273,677
Cost of goods soldUSD $ 607,923
Revenue from membership duesUSD $ 2,006,166
Gross sales of inventory assetsUSD $ 1,197,037
2016-06-30
Total unrelated business incomeUSD $ 15,391
Net unrelated business incomeUSD $ 6,162
Program Service Revenue from prior yearUSD $ 3,785,801
Program Service Revenue from current yearUSD $ 3,172,986
Investment Income from prior yearUSD $ 10,605,113
Investment Income from current yearUSD $ 10,191,621
Other Revenue from prior yearUSD $ -174,000
Other Revenue from current yearUSD $ 264,041
Gross receipts from all sourcesUSD $ 96,491,071
Net assets / fund balances at end of fiscal yearUSD $ 308,211,817
Net assets / fund balances at beginning of fiscal yearUSD $ 324,408,146
Total liabilities at end of fiscal yearUSD $ 11,800,656
Total liabilities at beginning of fiscal yearUSD $ 13,519,091
Total assets at end of fiscal yearUSD $ 320,012,473
Total assets at beginning of fiscal yearUSD $ 337,927,237
Revenues less expenses for current yearUSD $ -2,592,248
Revenues less expenses for previous yearUSD $ 15,276,755
Total expenses for current yearUSD $ 39,178,897
Total expenses for previous yearUSD $ 42,814,209
Other expenses in current yearUSD $ 20,006,811
Other expenses in previous yearUSD $ 23,973,825
Total fundraising expenses in current yearUSD $ 2,156,180
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 19,172,086
Employee salary and benefits paid in previous yearUSD $ 18,840,384
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 36,586,649
Total revenue in previous fiscal yearUSD $ 58,090,964
Contributions and grants from current yearUSD $ 22,958,001
Contributions and grants from previous yearUSD $ 43,874,050
Gross income from fundraising eventsUSD $ 265,256
Cost of goods soldUSD $ 524,337
Revenue from membership duesUSD $ 1,711,154
Gross sales of inventory assetsUSD $ 945,677
2015-06-30
Total unrelated business incomeUSD $ 46,072
Net unrelated business incomeUSD $ 18,340
Program Service Revenue from prior yearUSD $ 3,353,295
Program Service Revenue from current yearUSD $ 3,785,801
Investment Income from prior yearUSD $ 14,302,887
Investment Income from current yearUSD $ 10,605,113
Other Revenue from prior yearUSD $ 213,017
Other Revenue from current yearUSD $ -174,000
Gross receipts from all sourcesUSD $ 118,538,726
Net assets / fund balances at end of fiscal yearUSD $ 324,408,146
Net assets / fund balances at beginning of fiscal yearUSD $ 314,598,473
Total liabilities at end of fiscal yearUSD $ 13,519,091
Total liabilities at beginning of fiscal yearUSD $ 12,640,217
Total assets at end of fiscal yearUSD $ 337,927,237
Total assets at beginning of fiscal yearUSD $ 327,238,690
Revenues less expenses for current yearUSD $ 15,276,755
Revenues less expenses for previous yearUSD $ 14,605,586
Total expenses for current yearUSD $ 42,814,209
Total expenses for previous yearUSD $ 35,913,392
Other expenses in current yearUSD $ 23,973,825
Other expenses in previous yearUSD $ 18,321,877
Total fundraising expenses in current yearUSD $ 2,054,297
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 18,840,384
Employee salary and benefits paid in previous yearUSD $ 17,591,515
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 58,090,964
Total revenue in previous fiscal yearUSD $ 50,518,978
Contributions and grants from current yearUSD $ 43,874,050
Contributions and grants from previous yearUSD $ 32,649,779
Gross income from fundraising eventsUSD $ 376,872
Cost of goods soldUSD $ 573,368
Revenue from membership duesUSD $ 1,661,584
Gross sales of inventory assetsUSD $ 1,005,801

Other Company Names associated with EIN

MINNEAPOLIS SOCIETY OF FINE ARTS

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 410693915

USA Mailing Address
2400 THIRD AVENUE SOUTH
MINNEAPOLIS
MN
55404
Date first seen: 2007-01-01
Date last seen: 2024-06-30
USA Mailing Address
2400 THIRD AVE SOUTH
MINNEAPOLIS
MN
554043506
Date first seen: 2010-10-13
Date last seen: 2018-10-10
USA Location Address
2400 THIRD AVE SOUTH
MINNEAPOLIS
MN
554043506
Date first seen: 2010-10-13
Date last seen: 2010-10-13

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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