The Minneapolis Institute of Arts kicks off its centennial year this morning with an announcement of a major long-term loan of modernist painting.

The 400 paintings, drawings and prints collected by the late Myron Kunin, founder of the Regis Corporation, is believed to be one of the foremost collections of modernist painting in private hands.

"It's a rather important way to kick off the anniversary year," said MIA curator of painting Patrick Noon.