Glema Mahr Arts Center Xxx-xx-xxxx

EVANSVILLE, IN EIN: 27-6339403

Glema Mahr Arts Center Xxx-xx-xxxx is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 1 grants totaling $74K. Net investment income was $111K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+2.1% YoY

Annual Giving

$74K

+12.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$74K

+12.7% YoY

Under IRS private-foundation payout rules, Glema Mahr Arts Center Xxx-xx-xxxx reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.

About Glema Mahr Arts Center Xxx-xx-xxxx

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Glema Mahr Arts Center Xxx-xx-xxxx?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $364K (100%)

States

Kentucky

Cities

Madisonville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,020,478	$999,169	$719,259
Revenue	$114,750	$357,842	$62,122
Expenses	$93,433	$77,940	$100,193
Qualifying Distributions	$84,532	$74,771	$95,702
Net Investment Income	$110,992	$355,723	$60,137
Distributable Amount	$63,036	$53,539	$59,602

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Madisonville Community & Technical ($73,706).

Recipient	Purpose	Amount
MADISONVILLE COMMUNITY & TECHNICAL MADISONVILLE, KY	PROGRAM SUPPORT	$73,706

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
OLD NATIONAL WEALTH MANAGEMENT	TRUSTEE	1	$6,361
BARBARA P HUNT	CO-TRUSTEE	1	$6,361

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Glema Mahr Arts Center Xxx-xx-xxxx?

Glema Mahr Arts Center Xxx-xx-xxxx is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. It holds $1.0M in total assets as of 2024.

How large is Glema Mahr Arts Center Xxx-xx-xxxx?

As of 2024, Glema Mahr Arts Center Xxx-xx-xxxx holds $1.0M in total assets with $115K in annual revenue. It awarded 1 grants totaling $74K in 2024.

Where does Glema Mahr Arts Center Xxx-xx-xxxx operate?

Glema Mahr Arts Center Xxx-xx-xxxx has awarded grants in Kentucky.

What size grants does Glema Mahr Arts Center Xxx-xx-xxxx award?

In 2024, Glema Mahr Arts Center Xxx-xx-xxxx awarded 1 grants totaling $74K — an average of about $74K per grant, based on its IRS Form 990 filings.

How much is Glema Mahr Arts Center Xxx-xx-xxxx required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Glema Mahr Arts Center Xxx-xx-xxxx reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Glema Mahr Arts Center Xxx-xx-xxxx's EIN?

Glema Mahr Arts Center Xxx-xx-xxxx's EIN (Employer Identification Number) is 27-6339403. IRS Form 990 filing data is available on this page for 2019–2024.