Minneapolis College of Art and Design
Mcad provides a transformative education within a community of support for creative students of all backgrounds to work, collaborate, and lead with confidence in a dynamic, interconnected world.
Minneapolis College of Art and Design at a glance
- Total assets
- $108,484,637
- -0.5% vs 2024
- Revenue (2025)
- $40,585,478
- -11.4% vs 2024
- Net investment income (2025)
- $-812,627
- -119.9% vs 2024
- Expenses (2025)
- $46,504,971
- +5.0% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Minneapolis College of Art and Design
Open Grants
2 open opportunities from Minneapolis College of Art and Design
Who Minneapolis College of Art and Design funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Whittier Alliance Minneapolis, MN | Co-Philanthropy on Neighborhood Initiatives | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $108,484,637 | $40,585,478 | $46,504,971 | — | — | $-812,627 |
| 2024 | $109,062,799 | $45,829,228 | $44,299,244 | — | — | $4,085,550 |
| 2023 | $86,888,481 | $36,079,383 | $42,699,410 | — | — | $-177,055 |
| 2022 | $94,159,332 | $41,322,391 | $41,458,343 | — | — | $2,645,805 |
| 2021 | $102,060,839 | $37,306,489 | $36,426,772 | $10,000 | 1 | $2,255,553 |
| 2020 | $91,043,825 | $37,447,640 | $36,707,484 | — | — | $2,859,562 |
| 2019 | $91,825,327 | $36,897,761 | $35,685,405 | — | — | $2,956,975 |
About Minneapolis College of Art and Design
Based on IRS filings
Minneapolis College of Art and Design is a public charity focused on Education, based in Minneapolis, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $108.5M in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Minneapolis College of Art and Design is led by Sanjit Sethi, President on every filing since 2024; 8 of 33 officers listed in 2025 are compensated.
Officers on the 2025 filing
Sanjit Sethi
President
On filings since 2024
40 hrs/week
$378K (2024) → $378K (2025)
Bruce W. Bean
Life Trustee
Life Trustee → Immediate Past Chair & Life Trustee, 2021
Immediate Past Chair & Life Trustee → Life Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Clinton H. Morrison
Life Trustee
On filings since 2019
1 hr/week
No compensation reported
Cy Decosse
Life Trustee
On filings since 2019
1 hr/week
No compensation reported
Greg Hoffman
Trustee
On filings since 2019
1 hr/week
No compensation reported
Greg Van Bellinger
Trustee
On filings since 2019
1 hr/week
No compensation reported
Susan Calmenson
Life Trustee
Trustee → Life Trustee, 2021
On filings since 2019
1 hr/week
No compensation reported
Tara Dev
Trustee
Trustee → Trustee-Vice Chair, 2021
Trustee-Vice Chair → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Martha Dayton
Trustee
On filings since 2020
1 hr/week
No compensation reported
Marion Parke
Trustee
On filings since 2021
1 hr/week
No compensation reported
Elliot Felix
Trustee
On filings since 2023
1 hr/week
No compensation reported
Laura Austrian
Trustee
On filings since 2023
1 hr/week
No compensation reported
Rosemary Ugboajah
Trustee
On filings since 2023
1 hr/week
No compensation reported
Batalia McFarlane
Trustee
On filings since 2024
1 hr/week
No compensation reported
Kenneth Piper
Trustee
On filings since 2024
1 hr/week
No compensation reported
Kobby Appiah
Trustee
On filings since 2024
1 hr/week
No compensation reported
Neil Tuli
Trustee
On filings since 2024
1 hr/week
No compensation reported
Greg McGee
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Heather Mattera
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jean Freeman
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Kristine Anderson
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Win Hornig
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Melissa Huybrecht
Vice President of Enrollment Management
Vice President & Enrollment Management → Vice President of Enrollment Management, 2023
On filings since 2019
40 hrs/week
$108K (2019) → $146K (2025)
Annie Cleveland
Vice President of Communications
Vice President & Communications Marketing Strategy → Vice President of Communications, 2023
On filings since 2021
40 hrs/week
$127K (2021) → $135K (2025)
Jennifer Zuccola
Vice President of Student Affairs
Vice President & Student Affairs → Vice President of Student Affairs, 2024
On filings since 2022
40 hrs/week
$119K (2022) → $129K (2025)
Robert Ransick
Vice President of Academic Affairs
Vice President & Academic Affairs → Vice President of Academic Affairs, 2023
On filings since 2022
40 hrs/week
$173K (2022) → $159K (2025)
Mary Alma Noonan
CFO
On filings since 2023
40 hrs/week
$69K (2023) → $178K (2025)
Matthew Hoban
Assistant Vice President Technology
New on the 2025 filing
40 hrs/week
$120K (2025)
Paula Anderson
Assistant Vice President of Facilities
New on the 2025 filing
40 hrs/week
$113K (2025)
Chris Barry
Co-Chair
Trustee → Trustee-Vice Chair, 2023
Trustee-Vice Chair → Co-Chair, 2024
On filings since 2019
3 hrs/week
No compensation reported
Hunter Palmer Wright
Immediate Past Chair
Trustee-Chair → Immediate Past Co-Chair, 2024
Immediate Past Co-Chair → Immediate Past Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Mark D. Pihlstrom
Immediate Past Chair
Trustee- Chair → Trustee, 2024
Trustee → Immediate Past Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Me Martha Kirwan
Co-Chair
Trustee → Co-Chair, 2024
On filings since 2021
3 hrs/week
No compensation reported
Former officers (28)
- Former: Cynthia Theis (2019–2024) — Senior Gifts Officer & Vice President of Inst. Advisor
- Former: Greg C. Heinemann (2019–2024) — Immediate Past Co-Chair
- Former: Todd Paulson (2019–2024) — Trustee
- Former: Brock Rasmussen (2020–2024) — Vice President of Operations & Technology
- Former: Rajiv Tandon (2021–2024) — Trustee
- Former: Emily Kessler (2024) — Vice President of Institutional Advancement
- Former: Gary M. Surdel (2019–2023) — Trustee
- Former: Sanjit Sethi Ex-Officio (2020–2023) — President
- Former: Liz Barrere (2021–2023) — Trustee
- Former: Mary Yang Thao (2021–2023) — Interim Vice President of Finance & CFO
- Former: Charles Smith (2022–2023) — CFO
- Former: David E. Moore (2019–2022) — Trustee
- Former: David Ehartwell (2019–2022) — Life Trustee
- Former: Elizabeth Sarquis (2019–2022) — Trustee
- Former: Mitzi Magid (2019–2022) — Trustee
- Former: Christopher Hermann (2019–2021) — Trustee
- Former: Joy E. Brathwaite (2019–2021) — Vice President, Finance & CFO -
- Former: Karen Wirth (2019–2021) — Vice President & Academic Affairs
- Former: Mary Bowman Rae (2019–2021) — Trustee
- Former: Anne Cashill (2019–2020) — Trustee
- Former: Howard Rubin (2019–2020) — Trustee
- Former: Leslie Berkshire (2019–2020) — Trustee
- Former: Gerald Ronning (2020) — Int. Vice President & Academic Affairs
- Former: Ralph Wells (2020) — Assistant Vice President Technology
- Former: Jay Coogan Ex-Officio (2019) — President
- Former: Miles Q. Fiterman (2019) — Trustee
- Former: Pamela Newsome - Prochniak (2019) — Vice President & Administration
- Former: Uri Camarena (2019) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $378K, to Sanjit Sethi (President). 8 officers or directors reported compensation on that filing.
Frequently asked questions about Minneapolis College of Art and Design
How large is Minneapolis College of Art and Design?
Minneapolis College of Art and Design reported $108.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $40.6M.
What is Minneapolis College of Art and Design?
Minneapolis College of Art and Design is a public charity focused on Education, based in Minneapolis, MN. It holds $108.5M in total assets as of 2025.
Where does Minneapolis College of Art and Design operate?
Minneapolis College of Art and Design has awarded grants in Minnesota.
What is Minneapolis College of Art and Design's EIN?
Minneapolis College of Art and Design's EIN (Employer Identification Number) is 41-1607453. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Minneapolis College of Art and Design's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Minnesota
The Minneapolis Foundation
Minneapolis, MN
The Minneapolis Foundation funds civic, social, and economic needs, including economic mobility, education, health, the environment, arts, and human services, with most grant dollars going to Minnesota. Its 2025 grants had a median of $25,000, though amounts varied widely. It says no funding opportunities are currently open; whether it accepts unsolicited requests is not stated.
Assets
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Grants
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Total Given
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Saint Paul & Minnesota Foundation
St. Paul, MN
The Saint Paul & Minnesota Foundation funds community-led work in areas including economic opportunity, health and human services, youth and education, housing, and organizational capacity. Its 2025 grants had a median of $26,000; listed programs offer up to $50,000 for eligible East Metro work and up to $15,000 for qualifying Minnesota organizations. It accepts applications through specific programs, including rolling application opportunities; the Community Solutions Grant Program serves Dakota, Ramsey, and Washington counties.
Assets
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Grants
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Total Given
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The Richard M Schulze Family Foundation
Minneapolis, MN
The Richard M. Schulze Family Foundation funds education, health care, and human services, including college scholarships, with most support benefiting working- and middle-class families in specified Minnesota and Florida counties; it also makes some national grants. Its 2024 grants had a median of $5,000, though awards ranged from $50 to $10 million. It plans to move to invitation-only grantmaking in 2027; whether it currently accepts unsolicited requests is not stated.
Assets
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Grants
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Total Given
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First Children's Finance
Minneapolis, MN
First Children’s Finance supports child care businesses and communities through grants for projects such as facility improvements, feasibility studies, and provider support, as well as loans paired with technical assistance. Its 2025 grants ranged from $5,283 to $50,000, with a median of $11,839; grant examples are in Minnesota, Vermont, and Wisconsin, while its loan fund serves 10 states.
Assets
$7.0M
Grants
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Total Given
$1.1M
C K Blandin Foundation
Grand Rapids, MN
The C K Blandin Foundation funds rural Minnesota projects that build community wealth, improve rural places, strengthen small communities, and support capacity-building, with a primary focus on the Grand Rapids area. Rural grants are typically $25,000–$150,000; it does not accept unsolicited requests, offering opportunities through invitations or competitive RFPs.
Assets
$506.3M
Grants
931
Total Given
$15.8M
Otto Bremer Trust
St. Paul, MN
The Otto Bremer Trust funds organizations and projects addressing community needs and opportunities, including health care and social services, in Minnesota, Montana, North Dakota, and Wisconsin. In 2025, grants ranged from $3,500 to $4.2 million, with a median of $150,000. It does not accept unsolicited requests or direct grant applications; Community Responsive Fund grants are offered through selected intermediaries.
Assets
$1.4B
Grants
180
Total Given
$57.2M
More similar funders
More Funders in Minnesota
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Minneapolis College of Art and Design down — hundreds of funders to go?