EIN 41-1607453

Minneapolis College of Art and Design (MCAD)

IRS 501(c) type
501(c)(3)
Num. employees
804
Year formed
1988
Most recent tax filings
2024-05-01
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
$45,829,228
2024
Total expenses
$44,299,244
2024
Total assets
$109,062,799
2024
Num. employees
804
2024

Program areas at MCAD

Mcad transforms the world through creativity and purpose by educating individuals to be professional artists and designers, pioneering thinkers, creative leaders, and engaged global citizens. With a curriculum that is based on the belief that in order to become a professional artist, designer, or visualizer, one must study theory, skill, form, and content, all mcad programs center on the development of studio and professional skills that encourage students to think conceptually, formulate creative solutions, and make Art. All mcad programs challenge students to progress to the highest levels of artistic expression and intellectual investigation.mcad's four-year curriculum integrates the liberal arts into eight bachelor of fine arts degree majors in animation, comic Art, fine arts, graphic Design, media arts, illustration and product and furniture Design, plus a four-year bachelor of science degree program in creative entrepreneurship. Students can minor in advertising, animation, Art history, creative writing, curatorial studies, engaged and public arts, entrepreneurship, experimental games, graphic Design, print paper book, and teaching arts.advanced degrees offered at mcad include a two-year master of fine arts degree program in visual studies; a 30-credit online master of arts degree program in sustainable Design; a 30-credit online master of arts degree program in graphic and web Design; and a fifteen-month online/low-residency master of arts degree program in creative leadership. Mcad also offers educational opportunities to the general public through its continuing education, online learning, and exhibition programs.a strategic milestone was achieved in 2023 when mcad expanded its campus by acquiring a building adjacent to the campus to expand student housing capacity. The ability to reside on campus for at least two years is already contributing improved student experience and outcomes. On the academic side, mcad has implemented a foundations curriculum for first year students which prepares them for successful overall performance and retention. The reimagined creative entrepreneurship classes are attracting students from all disciplines wanting to develop the knowledge and skills needed in their future professional endeavors.

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
Ethel M Van Derlip TR UwGeneral Support$225,602
The Minneapolis FoundationEducation, Donor-Advised, Education$209,529
...and 23 more grants received totalling $1,261,870

Financials for MCAD

RevenuesFYE 05/2024
Total grants, contributions, etc.$3,150,608
Program services$36,101,314
Investment income and dividends$470,347
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,615,203
Net income from fundraising events$162,560
Net income from gaming activities$0
Net income from sales of inventory$45,584
Miscellaneous revenues$2,283,612
Total revenues$45,829,228
Data update history
July 2, 2025
Received grants
Identified 3 new grant, including a grant for $225,602 from Ethel M Van Derlip TR Uw
June 4, 2025
Updated personnel
Identified 5 new personnel
May 31, 2025
Posted financials
Added Form 990 for fiscal year 2024
May 29, 2025
Used new vendors
Identified 3 new vendors, including , , and
March 26, 2025
Received grants
Identified 11 new grant, including a grant for $223,992 from Ethel M Van Derlip TR Uw
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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