The Twin Cities Coalition for Justice 4 Jamar said in a Facebook post that it plans to protest during the parade, and again later in the day at police headquarters in North Minneapolis.
One of the organizers wrote that they "plan to (expletive) up" the parade, beginning with a protest at 5th Street and Hennepin Avenue in Minneapolis. The group then plans to protest at the Minneapolis Police Department's 4th Precinct at 3 p.m.
The parade is scheduled to begin at 11 a.m.
The protests are in response to a deadly shooting involving officers near the 4700 block of Bryant Avenue North on Saturday evening.
Minneapolis police say its officers shot and killed a man armed with a gun. They were responding to multiple 911 calls reporting a man firing a gun into the air and ground. When they arrived they chased the suspect on foot and shot him to death.
Details beyond that are unknown and the Minnesota Bureau of Criminal Apprehension is investigating.
There will also be a vigil for the victim, identified by family members as 31-year-old Thurman Blevins, at 7:30 p.m. at 48th Avenue North and North Camden Avenue.
The 10:30 a.m. protest had been planned prior to Saturday's deadly shooting.