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
Among its reported 2024 grants, the largest include Haldane Arts Alliance ($500), Cold Spring Film Society ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| HALDANE ARTS ALLIANCE COLD SPRING, NY | GENERAL CHARITABLE PURPOSES | $500 |
| COLD SPRING FILM SOCIETY COLD SPRING, NY | GENERAL CHARITABLE PURPOSES | $500 |
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
Frequently Asked Questions
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.
How large is Magazzino Italian Art Foundation?
As of 2024, Magazzino Italian Art Foundation holds $26.9M in total assets with $4.6M in annual revenue. It awarded 2 grants totaling $1K in 2024.
Where does Magazzino Italian Art Foundation operate?
Magazzino Italian Art Foundation has awarded grants in District of Columbia, New York.
What size grants does Magazzino Italian Art Foundation award?
In 2024, Magazzino Italian Art Foundation awarded 2 grants totaling $1K — an average of about $500 per grant, based on its IRS Form 990 filings.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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