Edith L Olsen Music Foundation

MILWAUKEE, WI EIN: 27-1359876

Edith L Olsen Music Foundation is a private foundation, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $131K in total assets. In 2024, it awarded 4 grants totaling $35K. Net investment income was $7K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$131K

-18.0% YoY

Annual Giving

$35K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$9K

+0.0% YoY

Under IRS private-foundation payout rules, Edith L Olsen Music Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About Edith L Olsen Music Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Wisconsin $170K (100%)

States

Wisconsin

Cities

MadisonMilwaukeeWaukesha

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$131,195	$159,913	$191,762
Revenue	$9,063	$5,999	$182
Expenses	$37,781	$37,848	$38,323
Qualifying Distributions	$35,565	$35,550	$35,975
Net Investment Income	$6,847	$3,851	$3,192
Distributable Amount	$7,760	$8,685	$10,393

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

19 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bruce Guadalupe Community School Latino Arts Inc ($10,000), Greater Milwaukee El Sistema Co White House of Music ($10,000), Wisconsin Youth Symphony Orchestra ($10,000).

Recipient	Purpose	Amount
BRUCE GUADALUPE COMMUNITY SCHOOL LATINO ARTS INC MILWAUKEE, WI	CHARITABLE CONTRIBUTION	$10,000
GREATER MILWAUKEE EL SISTEMA CO WHITE HOUSE OF MUSIC WAUKESHA, WI	CHARITABLE CONTRIBUTION	$10,000
URBAN LEAGUE OF GREATER MADISON MADISON, WI	CHARITABLE CONTRIBUTION	$5,000
WISCONSIN YOUTH SYMPHONY ORCHESTRA MADISON, WI	CHARITABLE CONTRIBUTION	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT S BURNS	PRESIDENT	—	—
ELAINE MG BURNS	DIRECTOR	—	—
TIM DOTSON	DIRECTOR	—	—

Frequently Asked Questions

How large is Edith L Olsen Music Foundation?

As of 2024, Edith L Olsen Music Foundation holds $131K in total assets with $9K in annual revenue. It awarded 4 grants totaling $35K in 2024.

Where does Edith L Olsen Music Foundation operate?

Edith L Olsen Music Foundation has awarded grants in Wisconsin.

What size grants does Edith L Olsen Music Foundation award?

In 2024, Edith L Olsen Music Foundation awarded 4 grants totaling $35K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Edith L Olsen Music Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Edith L Olsen Music Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Edith L Olsen Music Foundation's EIN?

Edith L Olsen Music Foundation's EIN (Employer Identification Number) is 27-1359876. IRS Form 990 filing data is available on this page for 2020–2024.