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Nonprofit · EIN 41-0693929

WALKER ART CENTER INC

Tax-exempt · MINNEAPOLIS, MN 55403

Financials

$60.7M$29.2M2023$53.5M$31.8M2024
Revenue Expenses · by fiscal year end
Financials of WALKER ART CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$53,518,372$31,784,326$21,734,046$448,999,396$4,198,167$444,801,229
June 30, 2024990$60,699,292$29,161,653$31,537,639$409,711,271$4,089,326$405,621,945
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$24,833,875
of which government grants
$2,939,494
Membership dues
$440,878
Program service revenue
$2,609,886
Investment income
$26,074,727
Royalties
$3,099
Net rental income
$450,205
Net gain from sales of assets
$19,294,278
Net income from fundraising events
-$409,242
Net income from sales of inventory
-$44,178
Other revenue
-$116

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,526,441
Other salaries and wages
$9,944,282
Salaries, compensation and benefits (total)
$13,858,840
Professional fundraising fees
$100,377
Legal fees
$302,419
Accounting fees
$129,742
Occupancy
$1,097,782
Travel
$670,933
Depreciation
$3,338,104
Program services (functional)
$21,213,418
Management and general (functional)
$8,799,349
Fundraising (functional)
$1,771,559

Balance sheet and other

Total assets, start of year
$409,711,271
Total assets, end of year
$448,999,396
Total liabilities, end of year
$4,198,167
Net assets, end of year
$444,801,229
Land, buildings and equipment
$55,098,252
Net assets without donor restrictions
$118,061,008
Net assets with donor restrictions
$326,740,221
Gross unrelated business income
-$167,564
Gross receipts
$55,389,227
Employees
243
Volunteers
94
Year formed
1946
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MARY CERUTIEXECUTIVE DIRECTOR
Officer
35$472,047$53,428
CHRISTOPHER STEVENSCHIEF OF ADVANCEMENT
Key employee
35$247,567$24,721
KIM HOLLINGSWORTH TAYLORCHIEF FINANCIAL OFFICER
Officer
35$228,546$12,574
HENRIETTE HULDISCHCHIEF CURATOR
Key employee
35$213,365$22,374
PHILIP BITHERSR CURATOR, PA
Highest-paid employee
35$208,769$19,238
ASLI ALTAYHEAD OF DESIGN, CONTENT, AND COMM.
Highest-paid employee
35$193,552$12,959
AMANDA HUNTHEAD OF PUB ENGAGEMENT, LEARNING, AND IMPACT
Key employee
35$159,906$19,599
KEITH PARKERHEAD OF OPERATIONS
Highest-paid employee
35$146,411$15,181
SIRI ENGBERGSR CURATOR, VA
Highest-paid employee
35$135,705$18,510
FELICIA O'BRIENDIRECTOR OF BUSINESS DEVELOPMENT
Highest-paid employee
35$130,295$16,700
ELLEN WILSONPRESIDENT
Trustee or director, Officer
1$0$0
MARK ADDICKSVICE-PRESIDENT
Trustee or director, Officer
1$0$0
SARAH OQUISTVICE-PRESIDENT
Trustee or director, Officer
1$0$0
GREG STENMOESECRETARY
Trustee or director, Officer
1$0$0
MARK GREENETREASURER
Trustee or director, Officer
1$0$0
46 more people on this return
NameTitleHours / weekCompensation
TODD ACKERMANPUBLIC TRUSTEE
Trustee or director
1$0
SIMONE AHUJAPUBLIC TRUSTEE
Trustee or director
1$0
ELLIE ANDERSONPUBLIC TRUSTEE
Trustee or director
1$0
KATHIE CAFESJIAN BARADARANPUBLIC TRUSTEE
Trustee or director
1$0
JAN BREYERPUBLIC TRUSTEE
Trustee or director
1$0
JOHN CHRISTAKOSPUBLIC TRUSTEE
Trustee or director
1$0
CHAD DAYTONPUBLIC TRUSTEE
Trustee or director
1$0
ANDREW DUFFPUBLIC TRUSTEE
Trustee or director
1$0
DAYNA FRANKPUBLIC TRUSTEE
Trustee or director
1$0
SIMA GRIFFITHPUBLIC TRUSTEE
Trustee or director
1$0
DANIEL GROSSMANPUBLIC TRUSTEE
Trustee or director
1$0
LILI HALLPUBLIC TRUSTEE
Trustee or director
1$0
CHRIS HAQQPUBLIC TRUSTEE
Trustee or director
1$0
JOHN HIGGINSPUBLIC TRUSTEE
Trustee or director
1$0
SEENA HODGESPUBLIC TRUSTEE
Trustee or director
1$0
ANDREW HUMPHREYPUBLIC TRUSTEE
Trustee or director
1$0
RITA GARNETT KHANPUBLIC TRUSTEE
Trustee or director
1$0
DAVID KRISTALPUBLIC TRUSTEE (UNTIL 8/2/24)
Trustee or director
1$0
ANNE LABOVITZPUBLIC TRUSTEE
Trustee or director
1$0
ROBERT LILLIGRENPUBLIC TRUSTEE
Trustee or director
1$0
MARTHA MACMILLANPUBLIC TRUSTEE
Trustee or director
1$0
JENNIFER MARTINPUBLIC TRUSTEE
Trustee or director
1$0
JO CHRISTINE MILESPUBLIC TRUSTEE
Trustee or director
1$0
DAVE MOORE JRPUBLIC TRUSTEE
Trustee or director
1$0
VIKESH NEMANIPUBLIC TRUSTEE
Trustee or director
1$0
JOAN NOLANPUBLIC TRUSTEE
Trustee or director
1$0
PILAR OPPEDISANOPUBLIC TRUSTEE
Trustee or director
1$0
MICHAEL PETERMANPUBLIC TRUSTEE
Trustee or director
1$0
CHARLIE POHLADPUBLIC TRUSTEE
Trustee or director
1$0
TERESA RASMUSSENPUBLIC TRUSTEE
Trustee or director
1$0
PETER REMESPUBLIC TRUSTEE
Trustee or director
1$0
BRIAN RICEPUBLIC TRUSTEE (UNTIL 1/28/25)
Trustee or director
1$0
KEITH RIVERSPUBLIC TRUSTEE
Trustee or director
1$0
JOEL RONNINGPUBLIC TRUSTEE
Trustee or director
1$0
PHIL ROSENBLOOMPUBLIC TRUSTEE
Trustee or director
1$0
DAVID STRAUSSPUBLIC TRUSTEE
Trustee or director
1$0
JEFFREY SWINTONPUBLIC TRUSTEE
Trustee or director
1$0
CARLO BRONZINI VENDERPUBLIC TRUSTEE
Trustee or director
1$0
CHRISTINE WALKERPUBLIC TRUSTEE
Trustee or director
1$0
JOHN WHALEYPUBLIC TRUSTEE
Trustee or director
1$0
SUSAN WHITEPUBLIC TRUSTEE
Trustee or director
1$0
ROBIN WRIGHTPUBLIC TRUSTEE
Trustee or director
1$0
ANN CADWALADERWALKER FAMILY TRUSTEE
Trustee or director
1$0
CAROLYN WALKERWALKER FAMILY TRUSTEE
Trustee or director
1$0
JEAN K WALKER LOWELLWALKER FAMILY TRUSTEE
Trustee or director
1$0
LANCE WALKERWALKER FAMILY TRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 54 people
NameTitleHours / weekCompensationOther / benefits
MARY CERUTIEXECUTIVE DIRECTOR
Officer
35$459,227$28,686
CHRISTOPHER STEVENSCHIEF OF ADVANCEMENT
Key employee
35$233,648$27,289
HENRIETTE HULDISCHCHIEF CURATOR
Key employee
35$200,711$24,062
PHILIP BITHERSR CURATOR, PA
Highest-paid employee
35$192,675$18,816
KIM TAYLORCHIEF FINANCIAL OFFICER
Officer
35$198,994$842
ASLI ALTAYHEAD OF DESIGN, CONTENT, AND COMM.
Highest-paid employee
35$187,900$10,274
AMANDA HUNTHEAD OF PUB ENGAGEMENT, LEARNING, AND IMPACT
Key employee
35$153,674$17,973
KEITH PARKERHEAD OF OPERATIONS
Highest-paid employee
35$143,733$12,575
SIRI ENGBERGSR CURATOR, VA
Highest-paid employee
35$130,662$20,665
PABLO DE OCAMPODIRECTOR AND CURATOR OF MOVING IMAGE
Highest-paid employee
35$125,210$17,780
ELLEN WILSONPRESIDENT
Trustee or director, Officer
1$0$0
MARK ADDICKSVICE-PRESIDENT
Trustee or director, Officer
1$0$0
KAREN HEITHOFFVICE-PRESIDENT
Trustee or director, Officer
1$0$0
PILAR OPPEDISANOSECRETARY
Trustee or director, Officer
1$0$0
SARAH LYNN OQUISTTREASURER
Trustee or director, Officer
1$0$0
TODD ACKERMANPUBLIC TRUSTEE
Trustee or director
1$0$0
SIMONE AHUJAPUBLIC TRUSTEE
Trustee or director
1$0$0
JAN BREYERPUBLIC TRUSTEE
Trustee or director
1$0$0
JOHN CHRISTAKOSPUBLIC TRUSTEE
Trustee or director
1$0$0
CHAD DAYTONPUBLIC TRUSTEE
Trustee or director
1$0$0
ANDREW DUFFPUBLIC TRUSTEE
Trustee or director
1$0$0
DAYNA FRANKPUBLIC TRUSTEE
Trustee or director
1$0$0
MARK GREENEPUBLIC TRUSTEE
Trustee or director
1$0$0
SIMA GRIFFITHPUBLIC TRUSTEE
Trustee or director
1$0$0
DANIEL GROSSMANPUBLIC TRUSTEE
Trustee or director
1$0$0
LILI HALLPUBLIC TRUSTEE
Trustee or director
1$0$0
CHRIS HAQQPUBLIC TRUSTEE
Trustee or director
1$0$0
SEENA HODGESPUBLIC TRUSTEE
Trustee or director
1$0$0
ANDREW HUMPHREYPUBLIC TRUSTEE
Trustee or director
1$0$0
DAVID KRISTALPUBLIC TRUSTEE
Trustee or director
1$0$0
ANNE LABOVITZPUBLIC TRUSTEE
Trustee or director
1$0$0
MARTHA MACMILLANPUBLIC TRUSTEE
Trustee or director
1$0$0
JENNIFER MARTINPUBLIC TRUSTEE
Trustee or director
1$0$0
VIKESH NEMANIPUBLIC TRUSTEE
Trustee or director
1$0$0
JOAN NOLANPUBLIC TRUSTEE
Trustee or director
1$0$0
MICHAEL PETERMANPUBLIC TRUSTEE
Trustee or director
1$0$0
BRIAN PIETSCHPUBLIC TRUSTEE
Trustee or director
1$0$0
CHARLIE POHLADPUBLIC TRUSTEE
Trustee or director
1$0$0
TERESA RASMUSSENPUBLIC TRUSTEE
Trustee or director
1$0$0
BRIAN RICEPUBLIC TRUSTEE
Trustee or director
1$0$0
KEITH RIVERSPUBLIC TRUSTEE
Trustee or director
1$0$0
JOEL RONNINGPUBLIC TRUSTEE
Trustee or director
1$0$0
GREG STENMOEPUBLIC TRUSTEE
Trustee or director
1$0$0
JEFFREY SWINTONPUBLIC TRUSTEE
Trustee or director
1$0$0
CARLO BRONZINI VENDERPUBLIC TRUSTEE
Trustee or director
1$0$0
CHRISTINE WALKERPUBLIC TRUSTEE
Trustee or director
1$0$0
JOHN WHALEYPUBLIC TRUSTEE
Trustee or director
1$0$0
HOUSTON WHITEPUBLIC TRUSTEE
Trustee or director
1$0$0
SUSAN WHITEPUBLIC TRUSTEE
Trustee or director
1$0$0
ROBIN WRIGHTPUBLIC TRUSTEE
Trustee or director
1$0$0
ANN CADWALADERWALKER FAMILY TRUSTEE
Trustee or director
1$0$0
CAROLYN WALKERWALKER FAMILY TRUSTEE
Trustee or director
1$0$0
JEAN K WALKER LOWELLWALKER FAMILY TRUSTEE
Trustee or director
1$0$0
LANCE WALKERWALKER FAMILY TRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
725 VINELAND PL, MINNEAPOLIS, MN 55403-1139
In care of
% KIM H TAYLOR
Principal officer (990 for 2024)
MARY CERUTI, 725 VINELAND PLACE, MINNEAPOLIS, MN 55403
Signed the 990
MARY CERUTI, EXECUTIVE DIRECTOR
Phone
(612) 375-7600
Return prepared by
RSM US LLP

Mission

THE WALKER ART CENTER EMPOWERS PEOPLE TO EXPERIENCE THE TRANSFORMATIVE POSSIBILITIES OF THE ART AND IDEAS OF OUR TIME AND TO IMAGINE THE WORLD IN NEW WAYS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE WALKER ART CENTER PROVIDES EXHIBITIONS OF PAINTINGS, SCULPTURE, PRINTS, PHOTOGRAPHY AND DIGITAL MEDIA WITH AN EMPHASIS ON CONTEMPORARY ART, MOVING IMAGE PROGRAM INCLUDING FILM SCREENINGS, EDUCATION PROGRAMS AND TOURS FOR ADULTS, TEENS, CHILDREN, SCHOOL AND FAMILY PROGRAMS. PERFORMING ARTS INCLUDES PRESENTATION OF VARIOUS PERFORMANCES INCLUDING DANCE, MUSIC, AND THEATRE.
    Expenses $18,961,886 · revenue $2,609,886
  • THE WALKER ART CENTER CONTINUALLY ADDS WORKS OF ART TO THE PERMANENT COLLECTION FOR PUBLIC VIEWING.
    Expenses $2,251,532

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-0693929
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1946
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$448,999,396
Income (IRS master file)
$55,389,227

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$53,518,372$31,784,326$448,999,396XML
990-TJune 2025–––IRS
990June 2024$60,699,292$29,161,653$409,711,271XML
990-TJune 2024–––IRS
990June 2023$34,091,695$30,039,127$365,106,394IRS
990-TJune 2023–––IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0693929).

Questions about WALKER ART CENTER INC

What is the EIN of WALKER ART CENTER INC?
The employer identification number (EIN) of WALKER ART CENTER INC is 41-0693929.
Is WALKER ART CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
Are donations to WALKER ART CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WALKER ART CENTER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WALKER ART CENTER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WALKER ART CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of WALKER ART CENTER INC?
The 990 for the year ended June 30, 2025 names MARY CERUTI.
Who are the officers and directors of WALKER ART CENTER INC?
The 990 for the year ended June 30, 2025 lists 61 people; 10 received compensation from the organization, the highest $472,047 (MARY CERUTI, EXECUTIVE DIRECTOR).
How much revenue does WALKER ART CENTER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $53,518,372, expenses of $31,784,326 and total assets of $448,999,396 at year end.

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