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Nonprofiteer
← MINNEAPOLIS SOCIETY OF FINE ARTS

Form 990 for tax year 2022

Filed by MINNEAPOLIS SOCIETY OF FINE ARTS.

Totals

Total revenue
$63,903,670
Total expenses
$50,782,025
Contributions and grants received
$49,730,538
Grants paid
$0
Program service revenue
$3,377,885
Investment income
$9,221,987
Other revenue
$1,573,260
Total assets, end of year
$386,115,565
Total liabilities, end of year
$7,001,870
Net assets or fund balances, end of year
$379,113,695
Program services expenses (Part IX)
$41,144,852
Management and general expenses
$7,229,505
Fundraising expenses
$2,407,668
Program service expenses (Part III)
$41,144,852

Program services were 81.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $1,846,959

  • 1c · Fundraising events

    $67,501

  • 1d · Related organizations

    $792,405

  • 1e · Government grants (contributions)

    $17,216,804

  • 1f · All other contributions, gifts and grants

    $29,806,869

  • 1g · Noncash contributions included above

    $493,132

  • 2a · Program service revenue: PROGRAM ADMISSIONS/FEES

    total $1,773,821 · related or exempt $1,773,821

  • 2b · Program service revenue: RENTALS/REIMBURSEMENTS

    total $1,510,663 · related or exempt $1,314,370 · unrelated business $196,293

  • 2c · Program service revenue: CLASSES AND PROGRAMS

    total $62,816 · related or exempt $62,816

  • 2d · Program service revenue: OTHER PROGRAM SERVICE REVENUE

    total $30,585 · related or exempt $30,585

  • 3 · Investment income

    total $6,284,168 · unrelated business $48,629 · excluded $6,235,539

  • 5 · Royalties

    total $21,190 · excluded $21,190

  • 7a · Gross sales of assets other than inventory

    securities $46,311,610

  • 7b · Less cost or other basis and sales expenses

    securities $43,373,791

  • 7c · Gain or loss

    securities $2,937,819

  • 7d · Net gain or loss

    total $2,937,819 · excluded $2,937,819

  • 8a · Fundraising events: gross income

    $8,550

  • 8a · Fundraising events: contributions included on line 1c

    $67,501

  • 8b · Fundraising events: direct expenses

    $77,603

  • 8c · Net income from fundraising events

    total -$69,053 · excluded -$69,053

  • 10a · Gross sales of inventory

    $1,492,320

  • 10b · Cost of goods sold

    $669,174

  • 10c · Net income from sales of inventory

    total $823,146 · excluded $823,146

  • 11a · Other revenue: PARKING

    total $797,977 · excluded $797,977

  • 11e · Other revenue, total

    $797,977

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $2,820,925 · program services $1,429,242 · management and general $1,070,045 · fundraising $321,638

  • 7 · Other salaries and wages

    total $14,125,141 · program services $12,141,257 · management and general $964,704 · fundraising $1,019,180

  • 8 · Pension plan contributions

    total $612,240 · program services $496,265 · management and general $75,800 · fundraising $40,175

  • 9 · Other employee benefits

    total $1,473,911 · program services $1,252,824 · management and general $127,391 · fundraising $93,696

  • 10 · Payroll taxes

    total $1,369,240 · program services $1,150,667 · management and general $140,412 · fundraising $78,161

  • 11b · Fees: legal

    total $606,980 · management and general $606,980

  • 11c · Fees: accounting

    total $314,397 · management and general $314,397

  • 11d · Fees: lobbying

    total $60,000 · management and general $60,000

  • 11f · Fees: investment management

    total $1,879,387 · management and general $1,879,387

  • 11g · Fees: other

    total $4,972,027 · program services $4,176,215 · management and general $521,059 · fundraising $274,753

  • 12 · Advertising and promotion

    total $638,951 · program services $589,362 · management and general $31,222 · fundraising $18,367

  • 13 · Office expenses

    total $2,357,155 · program services $1,904,754 · management and general $280,862 · fundraising $171,539

  • 14 · Information technology

    total $979,408 · program services $567,793 · management and general $230,431 · fundraising $181,184

  • 16 · Occupancy

    total $3,383,954 · program services $3,187,387 · management and general $165,676 · fundraising $30,891

  • 17 · Travel

    total $1,201,224 · program services $985,798 · management and general $77,487 · fundraising $137,939

  • 19 · Conferences, conventions and meetings

    total $27,619 · program services $14,176 · management and general $10,854 · fundraising $2,589

  • 22 · Depreciation, depletion and amortization

    total $2,651,828 · program services $2,505,275 · management and general $132,660 · fundraising $13,893

  • 23 · Insurance

    total $748,242 · program services $336,709 · management and general $411,533

  • 24a · Other expenses: ACCESSIONS

    total $10,063,699 · program services $10,063,699

  • 24b · Other expenses: OTHER MISCELLANEOUS

    total $288,370 · program services $136,102 · management and general $128,605 · fundraising $23,663

  • 24c · Other expenses: UBI TAXES

    total $167,664 · program services $167,664

  • 24d · Other expenses: SHIPPING, CRATINGS, PAC

    total $39,663 · program services $39,663

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,550,446 · end of year -$167,654

  • 2 · Savings and temporary cash investments

    beginning of year $12,234,864 · end of year $32,064,401

  • 3 · Pledges and grants receivable

    beginning of year $3,298,804 · end of year $3,407,246

  • 4 · Accounts receivable

    beginning of year $5,107,953 · end of year $4,181,641

  • 8 · Inventories for sale or use

    beginning of year $200,748 · end of year $147,207

  • 9 · Prepaid expenses and deferred charges

    beginning of year $402,884 · end of year $395,199

  • 10a · Land, buildings and equipment: cost or other basis

    $123,658,779

  • 10b · Land, buildings and equipment: accumulated depreciation

    $67,742,876

  • 10c · Land, buildings and equipment, net

    beginning of year $56,665,612 · end of year $55,915,903

  • 11 · Investments: publicly traded securities

    beginning of year $32,665,586 · end of year $45,998,160

  • 12 · Investments: other securities

    beginning of year $170,146,214 · end of year $177,606,023

  • 15 · Other assets

    beginning of year $63,758,715 · end of year $66,567,439

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,415,286 · end of year $6,009,810

  • 19 · Deferred revenue

    beginning of year $178,700 · end of year $196,185

  • 25 · Other liabilities

    beginning of year $878,758 · end of year $795,875

  • 27 · Net assets without donor restrictions

    beginning of year $96,969,000 · end of year $99,015,125

  • 28 · Net assets with donor restrictions

    beginning of year $248,590,082 · end of year $280,098,570

Mission and programs · 2022

Mission

THE MINNEAPOLIS INSTITUTE OF ART (MIA) ENRICHES THE COMMUNITY BY COLLECTING, PRESERVING, AND MAKING ACCESSIBLE OUTSTANDING WORKS OF ART FROM THE WORLD'S DIVERSE CULTURES.

Activities or mission (Part I)

ENRICHING COMMUNITY BY COLLECTING, PRESERVING AND MAKING ACCESSIBLE OUTSTANDING WORKS OF ART

  • EXHIBITIONS DURING FISCAL YEAR ENDING JUNE 30, 2023 INCLUDE: "DRESSED BY NATURE: TEXTILES OF JAPANBOTTICELLI AND RENAISSANCE FLORENCE: MASTERWORKS FROM THE UFFIZIETERNAL OFFERINGS: CHINESE RITUAL BRONZESVAN GOGH AND THE OLIVE GROVESPAINTINGS FROM SOUTH AMERICA: THE THOMA COLLECTION (16001800)CARAVAGGIO'S JUDITH AND HOLOFERNESJOSHUA MCGARVEY: POSTURINGMONICA SHEETS: DAS FUNDBUEROCIVICS LESSONSCHRISTOPHER SELLECKREVOLUTION A LA MODE: FASHION AND MUSIC IN REVOLUTIONARY FRANCETHE ART OF LITERACY IN EARLY MODERN JAPANFLORAL AFFAIR: A BOUQUET FOR THE FRIENDS' CENTENNIALTEO NGUYEN VIET NAM PEACE PROJECTMARCIA RESNICK: AS IT IS OR COULD BEFRAGMENTS OF EPIC MEMORYYEE I-LANN: PICTURING POWERNIGHT LIFE: NOCTURNAL WORLDS IN AFRICAN ART20 DANCES: JAPANESE CALLIGRAPHY (PT. 3)FUKUDA KODJIN: JAPAN'S GREAT POET AND LANDSCAPE ARTISTTHE POETIC ABSTRACTIONS OF MAKI HAKU: PRINTS FROM THE KIMM-GRUFFERMAN COLLECTIONAZECHI UMETAR: CALL OF THE MOUNTAINSPROPELLER GROUPREFLECTIONS ON REALITY: DRAWINGS AND PAINTINGS FROM THE WEISBERG COLLECTIONPARALLEL LINES: NEW TEXTILE MASTERWORKS INSPIRED BY GEOMETRYTHE THREE PERFECTIONS: IMAGE, POEM, AND CALLIGRAPHY IN CHINESE PAINTINGIN THE MAKING: MODERN AND CONTEMPORARY FIBER ART NEW ACQUISITIONSRECENT ACQUISITIONS: POSTWAR + CONTEMPORARY WORKS ON PAPERGERMAN PRINTS IN THE LATER 1400SGIFTS BEYOND MEASURE FROM HARRIET AND WALTER PRATTMARCANTONIO RAIMONDI: THIEF COLLABORATOR COMMUNICATOR"

    Expenses $27,745,104 · Revenue $1,763,226

  • ACQUISITIONS BRING NEW STRENGTH TO THE COLLECTION. THE PERMANENT COLLECTION IS ALWAYS AT THE CORE OF OUR WORK. IN FY23, 632 EXCEPTIONAL OBJECTS WERE ACQUIRED, ENRICHING EACH OF THE 5 CURATORIAL AREAS.

    Expenses $10,063,699

  • EDUCATIONAL OUTREACH AND PUBLIC PROGRAMS FOR THE FISCAL YEAR ENDING JUNE 30, 2023 INCLUDED: "MIA'S ART ADVENTURE PROGRAM SERVED MORE THAN 36,806 STUDENTS VIRTUALLY IN 100 SCHOOLS ACROSS THE STATE.CREATIVITY ACADEMY (500) AND WATER IS LIFE (682) PROGRAMS SERVED 1182 STUDENTS, USING 2,700 ART KITS DELIVERED TO THE PARTNER SCHOOLS.MIA SERVED 321 STUDENTS THROUGH ON-SITE, VIRTUAL, OR AT-SCHOOL PARTNERSHIP PROGRAMS.994 STUDENTS (PK-UNIVERSITY) PARTICIPATED IN VIRTUAL TOURS.4664 STUDENTS (PK-UNIVERSITY) PARTICIPATED IN ON-SITE GUIDED TOURS.MIA TRAINED 975 PARENT VOLUNTEERS VIRTUALLY TO LEAD ART ADVENTURE LESSONS.MIA PROVIDED PROFESSIONAL DEVELOPMENT TO 115 TEACHERS VIRTUALLY AND ON-SITEMOBILE MIA, THE MUSEUM'S SPECIALLY DESIGNED BICYCLE, DELIVERED ART ACTIVITIES TO 928 YOUTH AND FAMILIES."

    Expenses $3,336,049 · Revenue $1,418,366

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Patricia Grazzini

    DEPUTY DIRECTOR AND CHIEF OPERATING OFFICER/INTERI

    Total calculated
    $412,113
    From this org
    $354,218
    From related orgs
    $0
    Other
    $57,895
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $354,218
    Bonus
    $0
    Other
    $0
    Deferred
    $46,950
    Nontaxable benefits
    $10,945
    Filer's total
    $412,113
  • Katie Luber

    DIRECTOR & PRESIDENT

    Total calculated
    $677,345
    From this org
    $597,985
    From related orgs
    $0
    Other
    $79,360
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $597,985
    Bonus
    $0
    Other
    $0
    Deferred
    $62,450
    Nontaxable benefits
    $16,910
    Filer's total
    $677,345
  • Mary Ingebrand-Pohlad

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Ken Cutler

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Gayle Fuguitt

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • John Lindahl

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Liz Nordlie

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Jessamyn Kerchner

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Kari Alldredge

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Andrus

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Dan Avchen

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Chanda Smith Baker

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Maurice Blanks

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John Butcher

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • James Cahn

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lynn Casey

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Page Knudsen Cowles

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Bert Colianni

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jane Emison

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Nancy Engh

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Michael Francis

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Maria Gale

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Michael Goar

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Martha Head

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Christopher Howe

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Hubert Joly

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Shannon Smith Jones

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Amy Kern

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Velma Korbel

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Richard Kuntz

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gonzalo Petschen

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Roxana Linares

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jamie Lockahrt

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Reid MacDonald

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Nivin MacMillan

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lucy Mitchell

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Leni Moore

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sheila Morgan

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mahmoud Magib

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Noel Bennett Patterson

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mary Olson

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Piyumi Samaratunga

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Tom Schreier

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Katie Simpson

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Abdi Warsame

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Tim Welsh

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jane Wilf

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • David Weyerhaeuser

    ELECTIVE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • David Wilson

    ELECTIVE TRUSTEE, BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Burton Cohen

    LIFE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Beverly Grossman

    LIFE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Al Harrison

    LIFE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • David M Lebedoff

    LIFE TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Tim Walz Governor State Of Minnesot

    TRUSTEE BY VIRTUE OF OFFICE

    Total calculated
    $0
    Hours/week
    1
  • Jacob Frey Mayor City Of Minneapoli

    TRUSTEE BY VIRTUE OF OFFICE

    Total calculated
    $0
    Hours/week
    1
  • Kari Dziedzic Minnesota State Senat

    TRUSTEE BY VIRTUE OF OFFICE

    Total calculated
    $0
    Hours/week
    1
  • Irene Fernando Chair Hennepin Count

    TRUSTEE BY VIRTUE OF OFFICE

    Total calculated
    $0
    Hours/week
    1
  • Steffanie Musich Commissioner Distr

    TRUSTEE BY VIRTUE OF OFFICE

    Total calculated
    $0
    Hours/week
    1
  • Julie Holland President Friends Of

    TRUSTEE BY VIRTUE OF OFFICE

    Total calculated
    $0
    Hours/week
    1
  • Kristin Prestegaard

    CHIEF ENGAGEMENT OFFICER-THRU NOV.

    Total calculated
    $240,698
    From this org
    $222,136
    From related orgs
    $0
    Other
    $18,562
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $222,136
    Bonus
    $0
    Other
    $0
    Deferred
    $11,107
    Nontaxable benefits
    $7,455
    Filer's total
    $240,698
  • Nicole Berns

    SENIOR EXECUTIVE ASSISTANT TO DIRECTOR & PRESIDENT

    Total calculated
    $90,201
    From this org
    $76,039
    From related orgs
    $0
    Other
    $14,162
    Hours/week
    40
  • Julianne Amendola

    CHIEF ADVANCEMENT OFFICER

    Total calculated
    $244,710
    From this org
    $225,638
    From related orgs
    $0
    Other
    $19,072
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,638
    Bonus
    $0
    Other
    $0
    Deferred
    $11,282
    Nontaxable benefits
    $7,790
    Filer's total
    $244,710
  • Matthew Welch

    DEPUTY DIRECTOR AND CHIEF CURATOR

    Total calculated
    $310,890
    From this org
    $289,319
    From related orgs
    $0
    Other
    $21,571
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $289,319
    Bonus
    $0
    Other
    $0
    Deferred
    $14,466
    Nontaxable benefits
    $7,105
    Filer's total
    $310,890
  • Michael Sanders

    COO

    Total calculated
    $163,063
    From this org
    $154,163
    From related orgs
    $0
    Other
    $8,900
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,163
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $8,900
    Filer's total
    $163,063
  • Virajita Singh

    CHIEF DIVERSITY & INCLUSION OFFICER

    Total calculated
    $163,077
    From this org
    $153,932
    From related orgs
    $0
    Other
    $9,145
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,932
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,145
    Filer's total
    $163,077
  • Andreas Marks

    CURATOR OF JAPANESE AND KOREAN ARTS

    Total calculated
    $192,692
    From this org
    $177,064
    From related orgs
    $0
    Other
    $15,628
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,064
    Bonus
    $0
    Other
    $0
    Deferred
    $8,853
    Nontaxable benefits
    $6,775
    Filer's total
    $192,692
  • Ghenete Zelleke

    CURATOR OF DECREATIVE ARTS, TEXTILES, AND SCULPTUR

    Total calculated
    $183,816
    From this org
    $167,477
    From related orgs
    $0
    Other
    $16,339
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,477
    Bonus
    $0
    Other
    $0
    Deferred
    $8,374
    Nontaxable benefits
    $7,965
    Filer's total
    $183,816
  • Steven Bader

    INTERIM CFO

    Total calculated
    $205,151
    From this org
    $182,168
    From related orgs
    $0
    Other
    $22,983
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,168
    Bonus
    $0
    Other
    $0
    Deferred
    $9,108
    Nontaxable benefits
    $13,875
    Filer's total
    $205,151
  • Thomas Rassieur

    CURATOR OF PRINTS DRAWINGS

    Total calculated
    $177,000
    From this org
    $158,676
    From related orgs
    $0
    Other
    $18,324
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,676
    Bonus
    $0
    Other
    $0
    Deferred
    $7,934
    Nontaxable benefits
    $10,390
    Filer's total
    $177,000
  • Casey Riley

    CURATOR OF PHOTOGRAPHY & NEW MEDIA

    Total calculated
    $182,958
    From this org
    $159,127
    From related orgs
    $0
    Other
    $23,831
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,127
    Bonus
    $0
    Other
    $0
    Deferred
    $7,956
    Nontaxable benefits
    $15,875
    Filer's total
    $182,958

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
PATRICIA GRAZZINI PARTICIPATES IN 457(B) AND 457(F) NON-QUALIFIED RETIREMENT PLANS APPROVED BY THE BOARD OF TRUSTEES ON DECEMBER 17, 2001. CONTRIBUTIONS FOR THESE PLANS ARE REFLECTED IN OTHER REPORTABLE COMPENSATION AND DEFERRED COMPENSATION. CONTRIBUTIONS AND CHANGE IN VALUE TO THE 457(F) PLAN FOR CALENDAR YEAR 2022 TOTALED -$62,582. KATIE LUBER PARTICIPATED IN 457(B) AND 457(F) NON-QUALIFIED RETIREMENT PLANS APPROVED BY THE BOARD OF TRUSTEES. CONTRIBUTIONS FOR THESE PLANS ARE REFLECTED IN OTHER REPORTABLE COMPENSATION AND DEFERRED COMPENSATION. CHANGE IN VALUE TO THE 457(F) PLAN FOR CALENDAR YEAR 2022 TOTALED $30,521. KAYWIN FELDMAN PARTICIPATED IN 457(B) AND 457(F) NON-QUALIFIED RETIREMENT PLANS APPROVED BY THE BOARD OF TRUSTEES. CONTRIBUTIONS FOR THESE PLANS ARE REFLECTED IN OTHER REPORTABLE COMPENSATION AND DEFERRED COMPENSATION. CHANGE IN VALUE TO THE 457(F) PLAN FOR CALENDAR YEAR 2022 TOTALED -$45,456.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • JOHN R VAN DERLIP TRUST

    501(C)(3) · PERPETUAL TRUST · MN · controlled entity

    Directly controlled by MINNEAPOLIS SOCIETY OF FINE ARTS

  • ETHEL M VAN DERLIP TRUST

    501(C)(3) · PERPETUAL TRUST · MN · controlled entity

    Directly controlled by MINNEAPOLIS SOCIETY OF FINE ARTS

  • LILLIAN ZENOBIA TURNBLAD TRUST

    501(C)(3) · PERPETUAL TRUST · MN · controlled entity

    Directly controlled by MINNEAPOLIS SOCIETY OF FINE ARTS

Provenance

Return type
form_990
Tax year
2022
Filed
6 May 2024
IRS schema version
2022v5.0
Source object
202441349349304979

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