Minneapolis Society Of Fine Arts in Minneapolis, Minnesota (MN)

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Minneapolis Society Of Fine Arts
Employer Identification Number (EIN)410693915
Name of OrganizationMinneapolis Society Of Fine Arts
Address2400 3rd Ave S, Minneapolis, MN 55404-3506
ActivitiesPrivate school, School, college, trade school, etc., Other school related activities
SubsectionCharitable Organization
Ruling Date12/1967
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$285,084,516
Amount of Income$221,829,373
Form 990 Revenue Amount$33,422,323
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Art Museums


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Amount of income in 2012: $221,829,373
Minneapolis Society Of Fine Arts: 

 $221,829,373
Other organizations performing similar types of work: 

 $1,255,941

Assets in 2012: $285,084,516
Minneapolis Society Of Fine Arts: 

 $285,084,516
Other organizations performing similar types of work: 

 $4,705,009

Expenses in 2007: $32,028,908
Minneapolis Society Of Fine Arts: 

 $32,028,908
Other organizations performing similar types of work: 

 $6,264,267

Income to expenses ratio in 2007: 1.4
Minneapolis Society Of Fine Arts: 

 1.4
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 79.6%
Minneapolis Society Of Fine Arts: 

 79.6%
Other organizations performing similar types of work: 

 75.4%

Number of employees in 2007: 333
This organization: 

 333
Other organizations performing similar types of work: 

 82

Employees paid over $50,000 in 2007: 21.3%
This organization: 

 21.3%
Other organizations performing similar types of work: 

 12.5%

Grants share in income in 2007: 50.6%
This organization: 

 50.6%
Other organizations performing similar types of work: 

 57.5%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$34,279,415$21,521,214$34,493,540$43,948,385$42,499,651$51,923,204$51,487,923$44,885,269
Contributions, gifts, grants, and similar amounts received$20,478,996$25,651,762$32,235,852$29,514,161$29,982,090$35,329,147$26,285,132$22,696,554
Contributions to donor advised funds$0$0
Direct public support$14,063,589$18,687,499$24,396,943$21,295,347$21,278,542$25,993,765$16,347,784$11,731,974
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$6,415,407$6,964,263$7,838,909$8,218,814$8,703,548$9,335,382$9,937,348$10,964,580
Program service revenue including government fees and contracts$1,276,037$1,125,336$1,611,019$981,045$1,355,811$1,317,330$1,403,343$1,696,826
Membership dues and assessments$1,586,966$1,686,436$1,741,307$1,580,640$1,418,363$1,461,546$1,620,165$1,765,565
Interest on savings and temporary cash investments$97,250$61,361$73,611$77,901$323,800$656,953$561,998$343,879
Dividends and interest from securities$5,328,315$4,791,170$4,757,979$4,486,702$5,117,609$5,544,631$6,614,127$7,511,896
Net rental income or (loss)$33,998$33,965$40,952$42,836$52,636$31,302$49,375$11,639
Gross rents$241,602$271,497$312,785$270,876$300,927$308,401$411,440$385,075
Less: rental expenses$207,604$237,532$271,833$228,040$248,291$277,099$362,065$373,436
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$4,487,303$-12,664,977$-6,849,286$6,556,148$3,500,488$6,920,301$14,114,849$10,008,826
Gross amount from sales of assets other than inventory$136,310,259$118,938,719$147,074,255$150,582,352$124,025,269$141,038,586$184,571,740$203,924,820
Less: cost or other basis and sales expenses$131,822,956$131,603,696$153,923,541$144,026,204$120,524,781$134,118,285$170,456,891$193,915,994
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$551,134$667,155$665,289$459,331$502,278$371,810$423,367$517,103
Gross sales of inventory, less returns and allowances$1,152,043$1,242,486$1,208,012$890,304$977,805$700,183$818,362$983,888
Less: cost of goods sold$600,909$575,331$542,723$430,973$475,527$328,373$394,995$466,785
Other revenue$439,416$169,006$216,817$249,621$246,576$290,184$415,567$332,981
Total expenses$29,466,666$32,608,328$28,344,428$29,285,005$28,793,091$33,665,852$33,485,972$32,028,908
Program services$24,775,060$27,829,745$23,833,185$23,832,159$23,385,361$26,661,268$27,200,903$25,500,537
Management and general$3,215,170$3,020,460$2,952,299$3,718,413$3,235,531$4,356,213$4,299,816$4,740,997
Fundraising$1,476,436$1,758,123$1,558,944$1,734,433$2,172,199$2,648,371$1,985,253$1,787,374
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$215,430,500$191,769,233$204,943,121$225,198,738$242,780,741$260,639,001$286,909,582$274,044,003
Excess or (deficit) for the year$4,812,749$-11,087,114$6,149,112$14,663,380$13,706,560$18,257,352$18,001,951$12,856,361
Net assets or fund balances at beginning of year$236,955,414$215,430,500$191,769,233$204,943,121$225,198,738$242,780,741$260,639,001$286,909,582
Other changes in net assets or fund balances$-26,337,663$-12,574,153$7,024,776$5,592,237$3,875,443$-399,092$8,268,630$-25,721,940
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$32,028,908$25,500,537$4,740,997$1,787,374
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$994,650$292,481$579,879$122,290
Compensation of former officers, directors, key employees, etc.$44,200$0$44,200$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$12,039,987$9,702,526$1,473,887$863,574
Pension plan contributions not included above$492,424$420,575$37,419$34,430
Employee benefits not included above$1,131,197$936,578$114,930$79,689
Payroll taxes$908,495$732,740$110,858$64,897
Professional fundraising fees$18,740$0$0$18,740
Accounting fees$56,010$0$56,010$0
Legal fees$328,750$156,114$172,636$0
Supplies$582,134$522,294$39,365$20,475
Telephone$23,143$6,338$16,431$374
Postage and shipping$664,126$618,600$18,517$27,009
Occupancy$2,213,466$2,075,358$122,802$15,306
Equipment rental and maintenance$79,489$54,872$20,302$4,315
Printing and publications$844,148$491,916$100,310$251,922
Travel$455,686$284,954$82,248$88,484
Conferences, conventions, and meetings$21,207$15,015$4,847$1,345
Interest$131,005$131,005$0$0
Depreciation, depletion, etc.$2,849,462$2,682,254$152,894$14,314
Other expenses not covered above$8,150,589$6,376,917$1,593,462$180,210
Balance Sheets
20002001200220032004200520062007
Total assets$223,822,612$199,948,252$213,404,800$272,991,680$279,148,650$283,978,326$303,396,428$286,933,350
Cash - non-interest-bearing$0$0$638,315$33,121,108$8,440,607$131,636$7,058$7,758
Savings and temporary cash investments$12,302,104$12,746,226$13,017,140$19,704,738$19,602,032$11,583,508$10,931,196$11,577,357
Accounts receivable less allowance for doubtful accounts$5,512,300$5,538,323$8,513,621$7,119,977$7,112,652$7,721,316$7,821,325$8,721,713
Pledges receivable less allowance for doubtful accounts$3,277,234$2,243,827$10,860,369$14,423,984$16,946,047$18,956,263$12,862,533$9,288,973
Grants receivable$126,643$590,876$1,086,961$473,460$395,600$278,757$426,949$746,848
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$217,361$233,677$247,796$262,127$249,375$291,676$316,170$285,527
Prepaid expenses and deferred charges$32,051$90,051$86,291$129,773$120,699$48,612$194,784$88,357
Investments - publicly-traded securities$188,551,524$175,885,323
Investments - other securities$163,897,110$140,011,848$137,820,533$147,517,066$155,653,040$164,179,072$2,947,925$3,074,030
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$38,457,809$38,493,424$41,133,774$50,239,447$70,628,598$80,787,486$79,336,964$77,257,464
Other assets, including program-related investments$0$0$0$0$0$0$0$0
Total liabilities$8,392,112$8,179,019$8,461,679$47,792,942$36,367,909$23,339,325$16,486,846$12,889,347
Accounts payable and accrued expenses$3,226,750$3,096,863$3,505,576$4,976,665$6,705,662$4,210,748$4,169,869$2,697,280
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$3,915,749$4,055,877$4,165,725$4,621,939$5,156,984$5,113,065$5,848,981$6,331,713
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$1,249,613$1,026,279$790,378$38,194,338$23,630,949$13,060,000$5,060,000$2,360,000
Other liabilities$0$0$0$0$874,314$955,512$1,407,996$1,500,354
Total liabilities and net assets/fund balances$223,822,612$199,948,252$213,404,800$272,991,680$279,148,650$283,978,326$303,396,428$286,933,350
Total net assets or fund balances$215,430,500$191,769,233$204,943,121$225,198,738$242,780,741$260,639,001$286,909,582$274,044,003
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$34,279,415$21,521,214$34,493,540$43,948,385$42,499,651$51,923,204$51,487,923$44,885,269
Total revenue, gains, and other support per audited financial statements$7,998,912$9,119,426$42,332,872$49,366,681$46,374,507$51,406,305$59,420,026$18,889,896
Other expenses$808,513$812,863$7,839,332$6,251,250$4,599,261$206,379$9,025,691$-25,721,940
Net unrealized gains on investments$0$0$7,024,776$5,592,237$3,875,443$-399,092$8,268,630$-25,721,940
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$808,513$812,863$814,556$659,013$723,818$605,471$757,061$0
Other revenue$27,089,016$13,214,651$0$832,954$724,405$723,278$1,093,588$273,433
Investment expenses$751,353$640,498$0$832,954$724,405$723,278$1,043,531$1,113,654
Other$26,337,663$12,574,153$0$0$0$0$50,057$-840,221
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$29,466,666$32,608,328$28,344,428$29,285,005$28,793,091$33,665,852$33,485,972$32,028,908
Total expenses and losses per audited financial statements$29,523,826$32,780,693$29,158,984$29,111,064$28,792,503$33,548,045$33,149,445$31,755,475
Other revenue$808,513$812,863$814,556$659,013$723,817$605,471$757,061$840,221
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$808,513$812,863$814,556$659,013$723,817$605,471$757,061$840,221
Other expenses$751,353$640,498$0$832,954$724,405$723,278$1,093,588$1,113,654
Investment expenses$751,353$640,498$0$832,954$724,405$723,278$1,043,531$1,113,654
Other$0$0$0$0$0$0$50,057$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
1$0$0$1,280
38$264,199$16,492$1,950
38$195,403$2,219$8,896
38$283,511$92,539$3,401
38$66,927$9,933$0
1$0$0$47,900
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings60
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits
Loans and AdvancesCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
$0$368,131$44,200$0
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006333
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$17,876,240$4,312,475
Program service revenue
Program service revenue 1000000$000$0$901,026
Program service revenue 2000000$000$0$795,800
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$1,765,565
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$343,879$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$7,511,896$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$11,639$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$10,008,826$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$517,103
Other revenue000000$000$0$332,981
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$172,732$15,504$0
$164,576$18,484$0
$160,561$14,594$0
$156,488$6,824$0
$138,635$11,338$0
Total number of other employees paid over $50,00062
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$16,500
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
19992000200120022003200420052006
Total$32,813,134$31,461,273$35,262,483$30,251,977$35,101,136$39,592,281$45,483,375$38,130,134
Gifts, grants, and contributions received$18,293,149$15,473,562$19,476,038$13,195,925$18,848,640$21,278,542$25,993,765$16,484,597
Membership fees received$16,065$25,810$26,624$57,462$29,226$29,226$41,170$1,620,165
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$2,771,119$3,989,236$4,027,634$4,502,876$3,422,763$3,722,753$3,437,889$2,587,215
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$6,006,926$5,667,167$5,124,028$5,144,375$4,835,479$5,742,336$6,509,985$7,587,565
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$5,352,346$5,866,082$6,439,153$7,134,522$7,715,407$8,572,848$9,210,382$9,800,535
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$373,529$439,416$169,006$216,817$249,621$246,576$290,184$50,057
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$44,308,330
Contributions, Gifts, Grants and Other Similar Amounts$24,710,364
Program Service Revenue$1,784,009
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$5,236,913
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$12,298,621
Gross amount from sales of assets other than inventory (Securities / Other)$227,574,637 / $0
Less: cost or other basis and sales expenses (Securities / Other)$214,288,917 / $987,099
Gain or (loss) (Securities / Other)$13,285,720 / $-987,099
Net loss from fundraising events$-67,762
Gross income from fundraising events$280,090
Less: direct expenses$347,852
Net income from gaming activities$0
Net income from sales of inventory$344,532
Gross sales of inventory, less returns and allowances$700,508
Less: cost of goods sold$355,976
Miscellaneous Revenue$1,653
Statement of Functional Expenses (for 2011)
Total functional expenses$35,640,073
Compensation of current officers, directors, trustees, and key employees$1,418,424
Other salaries and wages$11,582,618
Payroll taxes$888,628
Professional fundraising services$0
Other$21,750,403
Balance Sheet (for 2011)
Total assets$292,159,909
Total liabilities$16,076,786
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$3,000,000
Other$13,076,786
Total net assets or fund balances$276,083,123
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$162,367,582
Gifts, grants, contributions, and membership fees received$70,783,107
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$57,508,451
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$34,076,024
Gross receipts from related activities, etc.$9,289,486
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1The Metropolitan Museum Of Art1000 Fifth Avenue, New York, NY 10028-0113NY1994-03$1,022,830,523
2Museum Of Modern Art11 W 53rd St, New York, NY 10019-5401NY1952-12$555,085,108
3Cleveland Museum Of Art11150 East Blvd, Cleveland, OH 44106-1711OH1959-01$546,740,981
4Museum Of Fine Arts465 Huntington Ave, Boston, MA 02115-5523MA1965-01$361,303,281
5National Gallery Of Art6th And Constitution Avenue Nw, Washington, DC 20565-0001DC1965-12$270,872,229
6San Francisco Museum Of Modern Art151 3rd St, San Francisco, CA 94103-3107CA1937-04$227,197,447
7Minneapolis Society Of Fine Arts2400 3rd Ave S, Minneapolis, MN 55404-3506MN1967-12$221,829,373
8Whitney Museum Of American Art945 Madison Ave, New York, NY 10021-2764NY1936-06$164,890,000
9Philadelphia Museum Of ArtPO BOX 7646, Philadelphia, PA 19101-7646PA1943-10$154,247,313
10Nelson Gallery Foundation4525 Oak St, Kansas City, MO 64111-1818MO1957-07$147,565,329
11Henry Francis Du Pont Winterthur Museum Inc5105 Kennett Pike, Winterthur, DE 19735-1819DE1953-05$143,582,012
12Solomon R Guggenheim Foundation1071 5th Ave, New York, NY 10128-0112NY1938-03$143,262,181
13Museum Of Fine Arts Houston1001 Bissonnet St, Houston, TX 77005-1803TX1956-07$136,119,351
14Toledo Museum Of Art2445 Monroe Box 1013, Toledo, OH 43620-1517OH1934-07$111,405,151
15Frick Collection1 E 70th St, New York, NY 10021-4981NY1939-10$102,698,694
16Wadsworth Atheneum Museum Of Art600 Main St, Hartford, CT 06103-2911CT1942-03$99,378,223
17Winona Arts Center228 E 5th St, Winona, MN 55987MN1964-08$35,448
18Rochester Art Center40 Civic Drive Se, Rochester, MN 55904MN1947-12$1,026,962
19Minnesota Museum Of American Art408 Saint Peter St, Saint Paul, MN 55102-1130MN1953-06$605,306
20American Museum Of Wildlife Art29277 Garrard Ave, Frontenac, MN 55026-1049MN1980-09$302
Number of organizations performing similar types of work
Alaska1
Alabama8
Arizona5
California42
Colorado5
Connecticut7
District of Columbia7
Delaware2
Florida21
Georgia8
Hawaii2
Iowa3
Idaho1
Illinois7
Indiana11
Kansas2
Kentucky3
Louisiana6
Massachusetts17
Maryland6
Maine6
Michigan7
Minnesota8
Missouri4
Mississippi4
Montana7
North Carolina16
North Dakota2
Nebraska2
New Hampshire1
New Jersey4
New Mexico2
Nevada3
New York32
Ohio17
Oklahoma5
Oregon4
Pennsylvania12
Rhode Island5
South Carolina4
Tennessee6
Texas23
Utah1
Virginia9
Vermont3
Washington8
Wisconsin6
West Virginia1
Wyoming1
International2
Total369

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