Magazzino Italian Art Foundation
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.
Magazzino Italian Art Foundation at a glance
In short: Magazzino Italian Art Foundation gave $1K across 2 grants in 2024 (avg $500), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,000
- -41.2% vs 2023
- Grants made (2024)
- 2
- -50.0% vs 2023
- Average grant
- $500
- +17.6% vs 2023
- Median grant
- $500
- Total assets
- $26,925,035
- -0.8% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Magazzino Italian Art Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Haldane Arts Alliance ($500). Together the top 2 received $1K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 22 grants of 22 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Magazzino Italian Art Foundation gives
- Giving fell 78% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1K (2024) to $11K (2022). In 2024 it made 2 grants totaling $1K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Haldane Arts Alliance Cold Spring, NY | General Charitable Purposes | $500 |
| Cold Spring Film Society Cold Spring, NY | General Charitable Purposes | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2024 | $26,925,035 | $4,579,484 | $4,771,524 | $1,000 | 2 | $3,316,632 |
| 2023 | $27,153,555 | $9,448,907 | $4,472,878 | $1,700 | 4 | $8,440,255 |
| 2022 | $22,652,370 | $7,091,870 | $3,743,134 | $11,127 | 6 | $8,575,817 |
| 2021 | $17,568,519 | $3,253,938 | $2,939,102 | $4,575 | 5 | $3,780,996 |
| 2020 | $17,124,717 | $8,485,424 | $2,664,802 | $8,108 | 5 | — |
Leadership & Key People
Officers and directors from IRS filings
Magazzino Italian Art Foundation's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Giorgio Spanu
Trustee
On filings since 2020
10 hrs/week
No compensation reported
Nancy Olnick
Trustee
On filings since 2020
5 hrs/week
No compensation reported
Stella Spanu
Trustee
On filings since 2020
1 hr/week
No compensation reported
Diana Schulte
Secretary & Treasurer
On filings since 2023
10 hrs/week
No compensation reported
Former officers (1)
- Former: Steven Zbar (2021–2022) — Secretary & Treasurer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Magazzino Italian Art Foundation
How much does Magazzino Italian Art Foundation give each year?
Magazzino Italian Art Foundation gave $1K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2K across 4 grants.
How large is Magazzino Italian Art Foundation?
Magazzino Italian Art Foundation reported $26.9M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $4.6M.
What is Magazzino Italian Art Foundation?
Magazzino Italian Art Foundation is a private foundation focused on Arts, Culture & Humanities, based in New York, NY. It holds $26.9M in total assets as of 2024.
Where does Magazzino Italian Art Foundation operate?
Magazzino Italian Art Foundation has awarded grants in District of Columbia, New York.
What is Magazzino Italian Art Foundation's EIN?
Magazzino Italian Art Foundation's EIN (Employer Identification Number) is 83-1666946. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Magazzino Italian Art Foundation funds
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