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Minneapolis College Of Art & Design

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411607453 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Minneapolis College Of Art & Design?

The Minneapolis College of Art and Design (MCAD) is a nonprofit, private institution based in the Whittier neighborhood of Minneapolis, Minnesota. With around 700 students, MCAD offers undergraduate and postgraduate education in various visual arts disciplines, such as painting, drawing, advertising, entrepreneurial studies, sculpture, printmaking, papermaking, photography, filmmaking, illustration, graphic design, book arts, furniture design, liberal arts, comic art, and sustainable design. MCAD prides itself on being one of the few major art schools to provide a major in comic art. The college's mission is to nurture creativity, diversity, and innovation in the visual arts. Encompassing a comprehensive arts education, it aims to prepare students for successful careers and lifelong learning.


Official website here: www.mcad.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Minneapolis College of Art & Design has earned a strong Four-Star rating from Charity Navigator, reflecting its high accountability and financial health. The organization has exhibited excellent governance, with a majority of independent board members and a perfect score in its audit and oversight practices. Such transparency and commitment to ethical standards enhance its credibility in the nonprofit sector.

The college demonstrates a robust program expense ratio of 86.28%, indicating that a significant portion of its expenditures is directed towards its core programs rather than administrative costs. This focus on programmatic efficiency is complemented by its proactive policies on conflict of interest and whistleblower protection, further showcasing its commitment to ethical management and community trust.

While no major limitations were noted in the data, the college's financial health is further evidenced by its low liabilities to assets ratio. Overall, the Minneapolis College of Art & Design stands out as a well-managed nonprofit that prioritizes its mission and maintains a high level of accountability to its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Minneapolis College Of Art & Design?

92% of 212 reviewers on Facebook recommend the Minneapolis College of Art & Design. Here is a summary of their reviews:

Many reviewers express tremendous enthusiasm for the college’s diverse program offerings and exceptional facilities. Visitors have noted the presence of highly qualified artist educators, which contributes to a positive impression of the academic environment. The neighborhood surrounding the campus has also been mentioned, adding to the charm and appeal of the location.

Overall, the sentiment towards Minneapolis College of Art & Design is overwhelmingly positive, with potential students and their families feeling optimistic about the opportunities available at the institution. The experience of touring the college leaves many excited about the possibility of enrollment.


This AI summary has been generated from reviews found on Facebook.

Is Minneapolis College Of Art & Design legitimate?

Minneapolis College Of Art & Design is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minneapolis College Of Art & Design submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $683,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,455,171

For more financial information, click here


Official website here: www.mcad.edu

What is the mission statement of Minneapolis College Of Art & Design?

The Minneapolis College of Art and Design (MCAD) is a private, nonprofit institution dedicated to higher education in the visual arts. With approximately 700 students, MCAD offers programs in various disciplines such as painting, drawing, advertising, sculpture, printmaking, papermaking, photography, filmmaking, illustration, graphic design, book arts, furniture design, liberal arts, comic art, and sustainable design. The college is committed to nurturing artistic talent and innovation, providing students with the skills and knowledge necessary to thrive in their chosen fields. MCAD's mission is to foster creativity, encourage critical thinking, and promote artistic excellence in a diverse and inclusive community. The college also aims to prepare students for careers in the arts and related fields, equipping them with essential skills for success in their professional pursuits.


Official website here: www.mcad.edu

Who is the CEO of Minneapolis College Of Art & Design?

Sanjit Sethi is the President of Minneapolis College Of Art & Design.


Official website here: www.mcad.edu

What is the revenue of Minneapolis College Of Art & Design?

Minneapolis College Of Art & Design's revenue in 2022 was $41,322,391.


Official website here: www.mcad.edu

Who are the executives of Minneapolis College Of Art & Design and what are their salaries?

The average compensation at Minneapolis College Of Art & Design during 2022 was $17,635. There are 745 employees and 20 volunteers at Minneapolis College Of Art & Design.


Here are 30 key members and their salaries:


Sanjit Sethi Ex-Officio (President)
  • Compensation: $385,278
  • Related: $0
  • Other: $27,265
Greg C Heinemann (Trustee-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Dev (Trustee-Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark D Pihlstrom (Trustee-Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce W Bean (Immediate Past Chair, Life Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Barry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clinton H Morrison (Life Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cy Decosse '52 (Life Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David E Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ehartwell (Life Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Sarquis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary M Surdel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Hoffman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Van Bellinger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter Palmer Wright (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Barrere (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Me Kirwan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Parke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Dayton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitzi Magid (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rajiv Tandon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Calmenson (Life Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Paulson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Yang Thao (Interim Vp Of Finance/Cfo)
  • Compensation: $135,571
  • Related: $0
  • Other: $20,558
Charles Smith (Vp, Finance/Cfo - Part Year)
  • Compensation: $108,755
  • Related: $0
  • Other: $5,602
Robert Ransick (Vp, Academic Affairs)
  • Compensation: $172,915
  • Related: $0
  • Other: $21,672
Cynthia Theis (Vp, Instl. Advancement)
  • Compensation: $142,443
  • Related: $0
  • Other: $13,914
Melissa Huybrecht (Vp, Enrollment Management)
  • Compensation: $142,830
  • Related: $0
  • Other: $7,798
Annie Cleveland (Vp, Communications Marketing Strategy)
  • Compensation: $137,375
  • Related: $0
  • Other: $13,119
Jennifer Zuccola (Vp, Student Affairs)
  • Compensation: $119,391
  • Related: $0
  • Other: $14,664


Official website here: www.mcad.edu

Where can I find the form 990 for Minneapolis College Of Art & Design?

Minneapolis College Of Art & Design's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mcad.edu

Learn more at the official website: www.mcad.edu

Mission Statement of Minneapolis College Of Art & Design

The Minneapolis College of Art and Design (MCAD) is a renowned, private, nonprofit institution dedicated to the visual arts. It is home to around 700 students, who immerse themselves in a diverse range of artistic disciplines. MCAD offers undergraduate and postgraduate education in various fields, including painting, drawing, sculpture, printmaking, papermaking, photography, filmmaking, advertising, entrepreneurial studies, liberal arts, comic art, book arts, furniture design, and sustainable design. Setting it apart from many other art schools, MCAD boasts a major in comic art.

MCAD's mission is to nurture and challenge students as they explore the limitless potential of the visual arts. By providing an engaging and dynamic learning environment, the college empowers students to develop their unique artistic voices and broaden their perspectives. The institution's dedication to excellence and innovation has earned it a reputation as a leading force in the world of art education. Through its rigorous curriculum and expert faculty, MCAD prepares students for successful careers and lifelong learning.

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Impact




October, 2024

The Minneapolis College of Art and Design (MCAD) significantly influences the visual arts landscape through its comprehensive academic offerings and commitment to fostering creativity. Enrolling around 700 students, MCAD provides a diverse array of programs, including painting, drawing, advertising, entrepreneurial studies, sculpture, printmaking, photography, filmmaking, illustration, graphic design, and sustainable design.

As one of the few institutions offering a major in comic art, MCAD positions itself as a leader in specialized visual arts education. Its curriculum not only cultivates artistic skill but also encourages entrepreneurial thinking, empowering students to navigate the evolving art industry effectively. Situated in the vibrant Whittier neighborhood of Minneapolis, the college serves as a cultural hub, enhancing the local community through art exhibitions, workshops, and collaborative projects.

MCAD’s impact extends beyond education; it nurtures a new generation of artists and designers who contribute to the creative economy and cultural richness of the region, while also engaging with broader global art and design conversations. Through its commitment to excellence in visual arts education, MCAD plays a crucial role in shaping future innovators and leaders in the art world.




This information is meant to be a general summary of Minneapolis College Of Art & Design. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$41,322,391 (2022)
Expenses
$41,458,343 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,645,805
  • Program Service Revenue: $32,713,664
  • Gross Receipts: $45,544,902

Assets and Liabilities:

  • Total Assets: $94,159,332
  • Total Liabilities: $12,719,604
  • Net Assets: $81,439,728

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$29,601,504

HOUSING RENTAL INCOME

Revenue

$1,449,457

SALE OF OTHER SERVICES

Revenue

$1,369,493

SALES BOOKSTORE

Revenue

$293,210

Organization Details

Founding Year

1988

Principal Officer

Sanjit Sethi

Main Address

2501 STEVENS AVE, MINNEAPOLIS, MN, 55404

NTEE Category

Code: B430 - Education

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