Skip to main content
Filing year 2023

MINNEAPOLIS COLLEGE OF ART AND DESIGN

Minneapolis, Minnesota·EIN 41-1607453·NTEE B430 · Education·501(c)(3)
Total revenue
$45.8M
Total assets
$109.1M
Total expenses
$44.3M
Reported officers
32
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

President
Above 90th percentilevs Education peers in Minnesota
$407k
$445k
Base
$377k
Bonus
Other
$602
Benefits
$9k
VP of Academic Affairs
Board Vice President
Median to 75th percentile
$222k
$243k
Base
$173k
Bonus
$15k
Other
$602
Benefits
$24k
CFO
75th to 90th percentilevs Education peers in Minnesota
$202k
$221k
Base
$181k
Bonus
Other
$577
Benefits
$10k
VP of Communications
Board Vice President
25th percentile to median
$179k
$196k
Base
$143k
Bonus
Other
$513
Benefits
$28k
VP of Institutional Advancement
Board Vice President
25th percentile to median
$178k
$195k
Base
$124k
Bonus
Other
$26k
Benefits
$20k
Sr. Gifts Officer/vp of Inst. Adv.
Highest Compensated Employee
Median to 75th percentilevs Education peers in Minnesota
$162k
$177k
Base
$144k
Bonus
Other
$507
Benefits
$10k
VP of Enrollment Management
Board Vice President
25th percentile to median
$154k
$169k
Base
$146k
Bonus
Other
$523
Benefits
VP of Student Affairs
Board Vice President
25th percentile to median
$150k
$164k
VP of Operations and Technology
Board Vice President
25th percentile to median
$138k
$150k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 23 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MINNEAPOLIS COLLEGE OF ART AND DESIGN equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.9%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2022

From $406k in 2022 to $407k in 2023.

$406k
2022
$407k
2023
In today's dollarsEst.
Down 2% in real terms$456k to $445k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue rose 27%.

$406k in 2022 to $407k in 2023.
  • Board Vice President pay rose 14% from 2022 to 2023.
  • Chief Financial Officer pay rose 143% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MINNEAPOLIS COLLEGE OF ART AND DESIGN

What does the Chief Executive Officer of MINNEAPOLIS COLLEGE OF ART AND DESIGN earn?

In 2023, the Chief Executive Officer of MINNEAPOLIS COLLEGE OF ART AND DESIGN received $407,390 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MINNEAPOLIS COLLEGE OF ART AND DESIGN compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at MINNEAPOLIS COLLEGE OF ART AND DESIGN falls in the top 10%. In 2023, the highest total compensation at MINNEAPOLIS COLLEGE OF ART AND DESIGN equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

What are MINNEAPOLIS COLLEGE OF ART AND DESIGN's revenue and expenses?

In 2023, MINNEAPOLIS COLLEGE OF ART AND DESIGN reported $45.8M in total revenue and $44.3M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.