Magnum Cultural Foundation
Mentor the next generation of photographers and have impact on historical/contemporary photography
Key facts about Magnum Cultural Foundation
In short: Magnum Cultural Foundation gave $25K across 1 grant in 2024 (avg $25K), mostly in New York. Source: 2024 IRS Form 990.
- EIN
- 45-0573269
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $25,000
- Grants made (2024)
- 1
- Average grant
- $25,000
- Median grant
- $25,000
- Total assets
- $4,067,586
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$4.1M
-13.3% YoY
Annual Giving
$25K
-34.2% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$25K
+31.6% YoY
How Magnum Cultural Foundation gives
- Giving grew 42% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Magnum Cultural Foundation
Based on IRS filings
Magnum Cultural Foundation is a public charity 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 $4.1M in total assets. In 2024, it awarded 1 grant totaling $25K. Net investment income was $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $18K (2021) to $150K (2020). In 2024 it made 1 grant totaling $25K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Visual Arts Foundation ($25K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Visual Arts Foundation New York, NY | Photographers Education | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,067,586 | $4,693,801 | $5,238,755 |
| Revenue | $1,316,188 | $1,177,866 | $2,696,577 |
| Expenses | $1,901,122 | $1,764,733 | $1,515,996 |
| Net Investment Income | $1,112 | $3,154 | $11,292 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 8, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Magnum Cultural Foundation is led by Kristen Lubben, Executive Director on every filing since 2020; 1 of 16 officers listed in 2024 is compensated.
Officers on the 2024 filing
Kristen Lubben
Executive Director
On filings since 2020
40 hrs/week
$124K (2020) → $154K (2024)
Susan Meiselas
President
On filings since 2020
7.5 hrs/week
$3K (2022) → $0 (2024)
Newsha Tavakolian
Director
On filings since 2020
0.5 hrs/week
$6K (2020) → $0 (2024)
Sohrab Hura
Director
On filings since 2021
0.5 hrs/week
$6K (2021) → $0 (2024)
Alice Sachs Zimet
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Claire Davis
Director
Treasurer → Director, 2022
On filings since 2020
0.8 hrs/week
No compensation reported
Ellis Reed
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Jonathan Kartt
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Lisa Garrison
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Mark Jackson
Director
On filings since 2020
0.8 hrs/week
No compensation reported
Orville Schell
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Pamela Chen
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Peter Van Agtmael
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Cynthia Young-Eberstadt
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Diana Cohn
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Rafal Milach
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Former officers (4)
- Former: Catherine Muther (2020–2023) — Director
- Former: Eli Reed (2022) — Director
- Former: Jim Goldberg (2020–2021) — Director
- Former: Cynthia Young (2020) — Director
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $154K, to Kristen Lubben (Executive Director).
Frequently asked questions about Magnum Cultural Foundation
How much does Magnum Cultural Foundation give each year?
Magnum Cultural Foundation gave $25K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $38K across 2 grants.
How large is Magnum Cultural Foundation?
Magnum Cultural Foundation reported $4.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.3M.
What is Magnum Cultural Foundation?
Magnum Cultural Foundation is a public charity focused on Arts, Culture & Humanities, based in New York, NY. It holds $4.1M in total assets as of 2024.
Where does Magnum Cultural Foundation operate?
Magnum Cultural Foundation has awarded grants in Massachusetts, New York, Virginia.
What is Magnum Cultural Foundation's EIN?
Magnum Cultural Foundation's EIN (Employer Identification Number) is 45-0573269. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Magnum Cultural Foundation by hand.
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