Magnusson Institute
Magnusson Institute is a private foundation, based in Reno, NV. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $128K in total assets. In 2023, it made $161K in qualifying distributions.
Key facts about Magnusson Institute
- EIN
- 81-4527853
- Latest 990 filing
- Form 990-PF, 2023
- Total assets
- $127,788
Data from IRS Form 990-PF, 2023; updated September 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$128K
-45.9% YoY
Revenue
$1
-100.0% YoY
Qualifying Distributions
$161K
-82.7% YoY
Expenses
$167K
-82.2% YoY
Under IRS private-foundation payout rules, Magnusson Institute reported a distributable amount of $19K for 2023 — the minimum it must pay out in qualifying distributions.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $127,788 | $236,260 | $1,174,088 |
| Revenue | $1 | $156,260 | $71,093 |
| Expenses | $167,025 | $938,471 | $1,255,457 |
| Qualifying Distributions | $161,372 | $930,626 | $1,243,630 |
| Distributable Amount | $18,702 | $36,969 | $81,506 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
Magnusson Institute is led by Peter S. Magnusson, President on every filing since 2020; 2 of 4 officers listed in 2023 are compensated.
Officers on the 2023 filing
Peter S. Magnusson
President
On filings since 2020
40 hrs/week
$126K (2020) → $3K (2023)
Dag Syrrist
Board Member
On filings since 2020
0.5 hrs/week
$20K (2021) → $0 (2023)
Rebecca Gasca
Board Member
On filings since 2020
0.5 hrs/week
$20K (2021) → $0 (2023)
Ralph Strahan
Board Member
New on the 2023 filing
40 hrs/week
$3K (2023)
Former officers (1)
- Former: Cindy Gabrielli (2020–2022) — Board Member
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $3K, to Peter S Magnusson (President). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Magnusson Institute
How large is Magnusson Institute?
Magnusson Institute reported $128K in total assets on its 2023 IRS Form 990-PF. It paid out $161K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).
What is Magnusson Institute's EIN?
Magnusson Institute's EIN (Employer Identification Number) is 81-4527853. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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