Magazzino Italian Art Foundation is a private foundation focused on Arts, Culture & Humanities, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.9M in total assets. In 2024, it awarded 2 grants totaling $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.9M
-0.8% YoY
Annual Giving
$1K
-41.2% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$500
+17.6% YoY
About Magazzino Italian Art Foundation
Based on IRS filings
Magazzino Italian Art Foundation is a private foundation focused on Arts, Culture & Humanities, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.9M in total assets. In 2024, it awarded 2 grants totaling $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,925,035 | $27,153,555 | $22,652,370 |
| Revenue | $4,579,484 | $9,448,907 | $7,091,870 |
| Expenses | $4,771,524 | $4,472,878 | $3,743,134 |
| Qualifying Distributions | $3,316,632 | $8,440,255 | $8,575,817 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY OLNICK | TRUSTEE | 5 | — |
| GIORGIO SPANU | TRUSTEE | 10 | — |
| STELLA SPANU | TRUSTEE | 1 | — |
| DIANA SCHULTE | SECRETARY/TREASURER | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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