The saga of Intermedia Arts, the Minneapolis multigenre venue that served marginalized communities for decades before running into fiscal trouble four years ago, is coming to a quiet, almost storybook close.
After selling its building near the trendy Lyn-Lake district and paying off debts, the organization donated $1 million to help Artspace, the nonprofit developer, acquire the Northrup King Building as a "crown jewel" for the northeast Minneapolis arts scene.
Now, for its final act, Intermedia is giving its remaining $1 million to a like-minded Minneapolis arts organization, Public Functionary.
"Let me tell you, it's been a long four years," said Omar Akbar, Intermedia's co-president. "But this is fantastic news because we were able to preserve some of the value of the organization, rather than have it keep down a path to bankruptcy and a slow, ugly death."
Founded in 1973, Intermedia ran unsustainable deficits in its final years, leading its board to sell the nonprofit's home at 2822 Lyndale Av. S. in a $3.5 million deal with RightSource Compliance, an affordable-housing concern. Completed in November 2018, the sale put an end to a space that had become a home for queer artists and people of color, and for experimental works that bridged genres — or fell outside of them.
Poets, dancers, musicians, filmmakers and painters lamented its fate. But the board vowed to further the organization's legacy, and asked for proposals about how best to do that.
Intermedia chose Public Functionary from among 28 applicants.
"There were a lot of worthy groups but Public Functionary was the most mission-aligned out of everybody we spoke to," Akbar said.