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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$109.1M
+25.5% YoY
Revenue
$45.8M
+27.0% YoY
Net Investment Income
$4.1M
-2407.5% YoY
Expenses
$44.3M
+3.7% YoY
About Minneapolis College of Art and Design
Based on IRS filings
Minneapolis College of Art and Design is a nonprofit organization focused on Education, based in MINNEAPOLIS, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $109.1M in total assets. Net investment income was $4.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $109,062,799 | $86,888,481 | $94,159,332 |
| Revenue | $45,829,228 | $36,079,383 | $41,322,391 |
| Expenses | $44,299,244 | $42,699,410 | $41,458,343 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,085,550 | $-177,055 | $2,645,805 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
2 open opportunities from Minneapolis College of Art and Design
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SANJIT SETHI | PRESIDENT | 40 | $377,717 |
| CHRIS BARRY | CO-CHAIR | 3 | — |
| ME MARTHA KIRWAN | CO-CHAIR | 3 | — |
| GREG HEINEMANN | IMMEDIATE PAST CO-CHAIR | 1 | — |
| HUNTER PALMER WRIGHT | IMMEDIATE PAST CO-CHAIR | 1 | — |
| KOBBY APPIAH | TRUSTEE | 1 | — |
| LAURA AUSTRIAN | TRUSTEE | 1 | — |
| BRUCE BEAN | LIFE TRUSTEE | 1 | — |
| SUSAN CALMENSON | LIFE TRUSTEE | 1 | — |
| MARTHA DAYTON | TRUSTEE | 1 | — |
| CY DECOSSE '52 | LIFE TRUSTEE | 1 | — |
| TARA DEV | TRUSTEE | 1 | — |
| ELLIOT FELIX | TRUSTEE | 1 | — |
| GREG HOFFMAN '92 | TRUSTEE | 1 | — |
| BATALIA MCFARLANE | TRUSTEE | 1 | — |
| CLINTON H MORRISON | LIFE TRUSTEE | 1 | — |
| MARION PARKE | TRUSTEE | 1 | — |
| TODD PAULSON | TRUSTEE | 1 | — |
| MARK D PIHLSTROM | TRUSTEE | 1 | — |
| KENNETH PIPER | TRUSTEE | 1 | — |
| RAJIV TANDON | TRUSTEE | 1 | — |
| NEIL TULI | TRUSTEE | 1 | — |
| ROSEMARY UGBOAJAH | TRUSTEE | 1 | — |
| GREG VAN BELLINGER | TRUSTEE | 1 | — |
| MARY ALMA NOONAN | CFO | 40 | $182,019 |
| EMILY KESSLER | VP OF INSTITUTIONAL ADVANCEMENT | 40 | $150,346 |
| ROBERT RANSICK | VP OF ACADEMIC AFFAIRS | 40 | $188,218 |
| ANNIE CLEVELAND | VP OF COMMUNICATIONS | 40 | $143,123 |
| MELISSA HUYBRECHT | VP OF ENROLLMENT MANAGEMENT | 40 | $146,237 |
| BROCK RASMUSSEN | VP OF OPERATIONS AND TECHNOLOGY | 40 | $130,382 |
| CYNTHIA THEIS | SR. GIFTS OFFICER/VP OF INST. ADV. | 35 | $144,303 |
| JENNIFER ZUCCOLA | VP OF STUDENT AFFAIRS | 40 | $129,370 |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Minneapolis College of Art and Design on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities