2024-10-28T14:01:20-05:00 2023-12-31 920460586 PWC US TAX LLP 301 GRANT STREET 45TH FLOOR PITTSBURGH PA 15219 990 2023-01-01 416014949 ETHEL M VAN DERLIP TR UW VAND 6514668710 PO BOX 0634 MILWAUKEE WI 532010634 U S BANK N A BY TRUSTEE 6514668710 2024-10-08 true false X ALLISON J VALENTY P00963824 4123556000 2024-10-08 X 2023 2024-10-15 13:58:12Z SAME AS C ABOVE 1122868 false X N/A X 1974 MN TO PROVIDE FUNDING SUPPORT TO THE MINNEAPOLIS INSTITUTE OF ARTS AND THE MINNEAPOLIS COLLEGE OF ART & DESIGN 1 0 0 0 0 0 0 708078 482758 7754 12757 715832 495515 817506 850970 0 58659 55325 0 0 10431 15108 886596 921403 -170764 -425888 11385493 10959608 0 0 11385493 10959608 TO PROVIDE FUNDING SUPPORT TO THE MINNEAPOLIS INSTITUTE OF ARTS AND THE MINNEAPOLIS COLLEGE OF ART & DESIGN false false 626977 626977 FUNDING SUPPORT FOR THE MINNEAPOLIS INSTITUTE OF ARTS 223992 223992 FUNDING SUPPORT FOR THE MINNEAPOLIS COLLEGE OF ART & DESIGN 850969 true false false false false false false false false false true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 true 0 false false false false false false false false false false false false false X 1 0 false false false false false false false true false false false false false false false true false false MN X US BANK NATIONAL ASSOCIATION 6514668710 101 FIFTH STREET E SAINT PAUL MN 55101 US BANK NATIONAL ASSOCIATION TRUSTEE 1.0 X 55325 0 0 55325 0 0 false false false 393417 393417 12500 12500 12500 12500 716694 627353 89341 89341 89341 OTHER INCOME 900099 257 257 257 495515 495515 850970 850970 55325 5533 49792 3424 3424 750 750 0 0 0 STATE FILING FEE 25 25 FOREIGN TAXES PAID 10909 10909 921403 860702 60701 0 706 374766 371753 42754 46527 1 1 1 10967972 10540621 11385493 10959608 0 0 X 11385493 10959608 11385493 10959608 11385493 10959608 X -425888 3 X false false false X X 2 MPLS INSTITUTE OF ARTS 410693915 5 true 626977 0 MPLS CLG OF ARTS & DESIGN 411607453 5 true 223992 0 2 850969 0 true false false false false false false false false false false false false false false true true false 0 0 341339 406174 341339 406174 0 52793 49792 3494 10909 285052 345473 16348942 16152984 353068 306512 0 16702010 16459496 0 0 16702010 16459496 250530 246892 16451480 16212604 575802 567441 0 575802 567441 285052 242294 575802 575802 0 575802 850970 0 9732 0 0 0 860702 0 575802 0 575802 0 0 0 115119 779104 830309 1724532 0 575802 0 1148730 860702 0 860702 0 0 2009432 0 0 318421 830309 860702 PART IV SECTION D QUESTION 3 THE TRUSTEE (U.S. BANK) IS REQUIRED TO HAVE A MEMBER SIT ON THE BOARD FOR THE MINNEAPOLIS INSTUTE OF ARTS WHICH ALLOWS THEM TO HAVE SIGNIFICANT INPUT INTO INVESTMENT DECISIONS AND PROVIDE OVERSIGHT INTO DIFFERENT PROGRAMS THAT ARE FUNDED BY THE MINNEAPOLIS INSTUTE OF FINE ARTS PART V SECTION D LINE 8 THIS TRUST WAS CREATED ON JUNE 19, 1934 AND HAS BEEN DEDICATED TO PROVIDING SUPPORT TO THE MINNEAPOLIS INSTUTE OF ARTS AND THE MINNEAPOLIS COLLEGE OF ART AND DESIGN. THERE HAS BEEN NO ADDITIONAL FUNDING TO THE TRUST SINCE NOVEMBER 11, 1970 AND IT HAS BEEN REQUIRED TO PAY OUT THE ENTIRE NET INCOME TO ITS CHARITABLE ORGANIZATIONS. IN ADDITION THE TRUSTEE CAN NOT CHANGE, BY THEIR OWN PART V SECTION D LINE 8 CONT THE CHARITABLE BENEFICIARIES ON THE ACCOUNT OR THE AMOUNT THAT THEY RECEIVE AND THE TRUSTEE IS NOT A DISQUALIFIED PERSON WITH RESPECT TO THE TRUST. 1 1 1 true MINNEAPOLIS INSTITUTE OF ARTS 2400 3RD AVE SOUTH MINNEAPOLIS MN 554043506 410693915 501(c)3 626977 Book Value FOR GENERAL SUPPORT AND PURCHASES OF NEW WORKS OF ART MINNEAPOLIS COLLEGE OF ART & DESIGN 2501 STEVENS AVE MINNEAPOLIS MN 554044347 411607453 501(c)3 223992 Book Value GENERAL SUPPORT EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 TRUSTEE REVIEWS ALL DISTIBUTIONS TO MAKE SURE THAT FUNDS ARE USED IN ACCORDANCE WITH THE GOVERNING DOCUMENT EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a THERE ARE NO MATERIAL DIFFERENCES OF VOTING RIGHTS EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b THERE ARE NO COMMITTEES THAT ACT ON BEHALF OF THE GOVERNING BODY FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW NO REVIEW HAS BEEN OR WILL BE CONDUCTED FORM 990, PAGE 6, PART VI, LINE 15a TRUSTEE FEE IS DETERMINED ACCORDING TO STANDARD FEE SHEET WHICH IS COMPETITIVE WITHIN THE INDUSTRY FORM 990, PAGE 6, PART VI, LINE 19 TRUSTEE WILL MAKE DOCUMENTS AVAILABLE UPON REQUEST EXPLANATION FOR FORM 990, PART XI, LINE 9 ROUNDING $3 MINNEAPOLIS INSTITUTE OF ARTS 2400 3RD AVE SOUTH MINNEAPOLIS MN 554043506 410693915 ARTS MN 501(c)(3) 7 N/A false MINNEAPOLIS COLLEGE OF ARTS AND DESIGN 2501 STEVENS AVE MINNEAPOLIS MN 554044347 411607453 SCHOOL FOR ARTS AND DESIGN MN 501(c)(3) 2 N/A false false true false false false false false false false false false false false false false false false false false MINNEAPOLIS INSTITUTE OF ARTS b 626977 CASH MINNEAPOLIS COLLEGE OF ART & DESIGN b 223992 CASH