EIN 41-1607453

Minneapolis College of Art and Design (MCAD)

IRS 501(c) type
501(c)(3)
Num. employees
832
Year formed
1988
Most recent tax filings
2023-05-01
Description
The Minneapolis College of Art and Design (MCAD) is a private, nonprofit four-year and postgraduate college specializing in the visual arts. Located in the Whittier neighborhood of Minneapolis, Minnesota, United States, MCAD currently enrolls approximately 700 students offering education in painting, drawing, advertising, entrepreneurial studies, sculpture, printmaking, papermaking, photography, filmmaking, illustration, graphic design, book arts, furniture design, liberal arts, comic art, and sustainable design. MCAD is one of just a few major art schools to offer a major in comic art.
Total revenues
$36,079,383
2023
Total expenses
$42,699,410
2023
Total assets
$86,888,481
2023
Num. employees
832
2023

Program areas at MCAD

The Minneapolis College of Art and Design is the preeminent arts educator in Minnesota and the region, and a strong national leader in areas such as graphic Design, comic arts and furniture Design. For 125 years mcad has played a leadership role in the shaping of the Art and Design community, putting its students at the cutting edge of creativity and serving as a thought leader for the creative economy. Mcad's mission is to educate individuals to be professional artists and designers, effective leaders, and active citizens and, through this work and other activities, advance the cultural life of its community. To achieve this mission, mcad challenges students to achieve the highest level of artistic creativity and expression, intellectual understanding, and professional development; provides a rigorous studio-based and liberal studies program for dedicated undergraduate and graduate students; offers continuing education and sponsors fellowships for professionals; and presents exhibitions, lectures and enrichment courses in Art and Design for people of all ages. Mcad offers bfa, bsc, and mfa degree programs and online master's programs in graphic Design, sustainable Design, and creative leadership. Mcad also offers a post-baccalaureate certificate, online learning opportunities, and public programs such as film screenings, lectures, and continuing studies. Mcad's strengths include its rigorous curriculum, commitment to students, experienced and dedicated faculty, small class sizes that offer personalized instruction, and state-of-the-art facilities. At mcad, students receive the education, feedback, and support they need to explore their ideas, strengthen their skills, and expand their creative and artistic expression.

Grants made by MCAD

GranteeGrant descriptionAmount
Whittier AllianceCo-Philanthropy on Neighborhood Initiatives$10,000

Who funds Minneapolis College of Art and Design (MCAD)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$297,200
The McKnight FoundationFor A Fellowship Program for Mid-Career Visual Artists in Minnesota$279,000
The McKnight FoundationFor A Fellowship Program for Mid-Career Visual Artists in Minnesota$278,000
...and 31 more grants received totalling $1,994,520

Personnel at MCAD

NameTitleCompensation
Mary Alma NoonanChief Financial Office and Vice President$69,234
Brock RasmussenVice President of Operations and Technology$142,395
Annie ClevelandVice President of Communications$144,393
Melissa HuybrechtVice President of Enrollment Management$150,122
Jennifer ZuccolaVice President , Student Affairs$119,391
...and 11 more key personnel

Financials for MCAD

RevenuesFYE 05/2023
Total grants, contributions, etc.$2,178,978
Program services$33,959,845
Investment income and dividends$397,494
Tax-exempt bond proceeds$6,110
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-580,659
Net income from fundraising events$117,615
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$36,079,383

Form 990s for MCAD

Fiscal year endingDate received by IRSFormPDF link
2023-052024-04-13990View PDF
2022-052023-04-14990View PDF
2021-052022-04-13990View PDF
2020-052021-04-15990View PDF
2019-052020-09-17990View PDF
...and 9 more Form 990s
Data update history
May 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 4 new personnel
May 18, 2024
Used new vendors
Identified 3 new vendors, including , , and
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $2,000 from Rose Francis Foundation
April 23, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
SchoolsHigher ed institutions
Issues
EducationArts, cultural, and humanities
Characteristics
Political advocacyLobbyingFundraising eventsState / local levelReceives government fundingEndowed supportProvides scholarshipsAuction fundraisersTax deductible donationsAccepts online donations
General information
Address
2501 Stevens Ave
Minneapolis, MN 55404
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
mcad.edu/ 
Phone
(612) 874-3700
Facebook page
MCAD.MN 
Twitter profile
@mcad 
IRS details
EIN
41-1607453
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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