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Filing year 2023

MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS

Minneapolis, Minnesota·EIN 41-0693915·NTEE A510 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$49.8M
Total assets
$412.2M
Total expenses
$47M
Reported officers
61
Mission

THE MINNEAPOLIS INSTITUTE OF ART (MIA) ENRICHES THE COMMUNITY BY COLLECTING, PRESERVING, AND MAKING ACCESSIBLE OUTSTANDING WORKS OF ART FROM THE WORLD'S DIVERSE CULTURES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

Director & President
Above 90th percentilevs Arts, Culture & Humanities peers in Minnesota
$694k
$758k
Base
$527k
Bonus
Other
$83k
Benefits
$14k
Deputy Director and Chief Operating Officer
Above 90th percentile
$399k
$436k
Base
$294k
Bonus
Other
$53k
Benefits
$13k
Deputy Director and Chief Curator
Key Employee
Above 90th percentile
$328k
$359k
Base
$265k
Bonus
Other
$32k
Benefits
$9k
Chief Advancement Officer
Key Employee
75th to 90th percentile
$253k
$276k
Base
$213k
Bonus
Other
$20k
Benefits
$8k
COO
75th to 90th percentile
$236k
$258k
Base
$224k
Bonus
Other
$6k
Benefits
$6k
Controller/interim CFO
75th to 90th percentile
$224k
$245k
Base
$164k
Bonus
Other
$30k
Benefits
$20k
Chief Diversity & Inclusio
Key Employee
75th to 90th percentile
$203k
$222k
Base
$202k
Bonus
Other
$460
Benefits
$460
Curator of Chinese Art
Highest Compensated Employee
75th to 90th percentile
$199k
$218k
Base
$142k
Bonus
Other
$29k
Benefits
$20k
Chair of European Art
Board Chair
Above 90th percentile
$199k
$218k
Base
$142k
Bonus
Other
$29k
Benefits
$20k
Curator of Japanese and Korean Arts
Highest Compensated Employee
75th to 90th percentile
$198k
$216k
Base
$164k
Bonus
Other
$17k
Benefits
$8k
Chair of the Arts of Americas
Board Chair
Above 90th percentile
$178k
$194k
Base
$161k
Bonus
Other
$8k
Benefits
$8k
Senior Executive Assistant
Officer (Unspecified)
$91k
$100k
CFO
10th to 25th percentile
$20k
$22k

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 48 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS equaled 1% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
1%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities 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.

Up 2%
from 2022

From $677k in 2022 to $694k in 2023.

$677k
2022
$694k
2023
In today's dollarsEst.
Roughly flat in real terms$760k to $758k

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 rose 2% from 2022 to 2023, while revenue fell 22%.

$677k in 2022 to $694k in 2023.
  • Chief Operating Officer pay fell 3% from 2022 to 2023.
  • Key Employee pay rose 6% 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 SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS

What does the Chief Executive Officer of MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS earn?

In 2023, the Chief Executive Officer of MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS received $693,872 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities 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 SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Minnesota, the 2023 pay of the Chief Executive Officer at MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS falls in the top 10%. In 2023, the highest total compensation at MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS equaled 1% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS's revenue and expenses?

In 2023, MINNEAPOLIS SOCIETY OF FINE ARTS DBA MINNEAPOLIS INSTITUTE OF ARTS reported $49.8M in total revenue and $47M in total expenses on its IRS Form 990.

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