Famed downtown Minneapolis nightclub First Avenue announced Tuesday night it will remain open for business on Thursday, when President Donald Trump is holding a rally at Target Center across the street.

First Avenue will also donate all of Thursday’s profits from the club — and 7th Street Entry and the Depot Tavern — to Planned Parenthood North Central States.

“While we are not a political organization, First Avenue has hosted candidates and events across the political spectrum and supports diversity of thought,” said First Avenue CEO Dayna Frank in a news release. “However, the actions and policies of this administration are in direct conflict to our core values. First Avenue believes in radical inclusivity; every person needs to be treated with dignity, respect and professionalism.

“Our mission statement explicitly outlines First Avenue’s goal of fostering a unique, diverse, and innovative cultural environment. … We’re happy to support an organization dedicated to equal access to healthcare for all.”

The former Greyhound bus station reopened as a music venue in April 1970. It earned worldwide attention after Prince shot part of his 1984 film “Purple Rain” on site. In anticipation of its 50th anniversary next year, the Minnesota History Center has a yearlong exhibit devoted to First Avenue running through May 3.

In addition to the Depot Tavern and 7th Street Entry, First Avenue owns and operates the nearby Fine Line Music Cafe and St. Paul’s Turf Club and Fitzgerald Theater. It co-operates St. Paul’s Palace Theatre with Chicago-based JAM Productions.