Madison Art Gallery is a private foundation focused on Arts, Culture & Humanities, based in MADISON, MN. IRS filing data is available from 2021 through 2024. In 2024, it made $147K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Revenue
$231K
+251.4% YoY
Qualifying Distributions
$147K
+16.9% YoY
Expenses
$159K
+24.1% YoY
About Madison Art Gallery
Based on IRS filings
Madison Art Gallery is a private foundation focused on Arts, Culture & Humanities, based in MADISON, MN. IRS filing data is available from 2021 through 2024. In 2024, it made $147K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $74,747 | $107,016 |
| Revenue | $231,371 | $65,846 | $100,306 |
| Expenses | $158,766 | $127,896 | $15,352 |
| Qualifying Distributions | $147,221 | $125,918 | $14,760 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | $1,221 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEB MEYER | MEMBER | 2 | — |
| CONNOR PEOPLES | SECRETARY | 2 | — |
| KARIE SORKNES | TREASURER | 2 | — |
| DOUG PETERSON | CHAIR | 2 | — |
| DAVID JERPSETH | MEMBER | 2 | — |
| CYNTHIA HUSE | MEMBER | 2 | — |
| DALE HANDEEN | MEMBER | 2 | — |
| BRIDGET BLY | VICE CHAIR | 2 | — |
| ANTHONY BORMANN | MEMBER | 2 | — |
| KRISTINE SHELSTAD | EXECUTIVE DI | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Madison Art Gallery?
Madison Art Gallery is a private foundation focused on Arts, Culture & Humanities, based in MADISON, MN. It holds — in total assets as of 2024.
What is Madison Art Gallery's EIN?
Madison Art Gallery's EIN (Employer Identification Number) is 86-2300115. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.