Majestic Ranch Arts Foundation

Private foundation · Grantmaker Boerne, TX EIN: 74-1908420

Majestic Ranch Arts Foundation is a private foundation, based in Boerne, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $325K in total assets. In 2025, it awarded 1 grant totaling $30K. Net investment income was $637.

Key facts about Majestic Ranch Arts Foundation

In short: Majestic Ranch Arts Foundation gave $30K across 1 grant in 2025 (avg $30K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
74-1908420
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$30,000
Grants made (2025)
1
Average grant
$30,000
Median grant
$30,000
Total assets
$325,096
Primary geography
Texas (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$325K

-21.0% YoY

Annual Giving

$30K

+1527.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$30K

+1527.8% YoY

Under IRS private-foundation payout rules, Majestic Ranch Arts Foundation reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.

How Majestic Ranch Arts Foundation gives

  • Giving fell 56% from 2022 to 2025. Method
  • In 2025 it paid out 205% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

BoerneKerrvilleIngramMountain HomeSan AntonioSan Marcos

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K11 grants20197 grants20205 grants20212 grants20223 grants20231 grants20241 grants2025

From 2019 to 2025, annual grant giving ranged from $2K (2024) to $93K (2019). In 2025 it made 1 grant totaling $30K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Old School Makerspace: $30KOld School Makerspace$30K

The largest 2025 recipient was Old School Makerspace ($30K).

Grant Size Distribution

12 grants across all recorded years

11<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 12 (92%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Old School Makerspace San Antonio, TXReplace Av Equipment$30,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019202020212022202320242025
Metric202520242023
Total Assets$325,096$411,717$467,844
Revenue$6,413$4,913$2,662
Expenses$93,034$61,040$123,934
Qualifying Distributions$45,343$2,486$50,524
Net Investment Income$637$2,878—
Distributable Amount$22,088$21,937$25,741

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS January 14, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Majestic Ranch Arts Foundation is led by Merle S. Olson PhD, Chairman & President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Merle S. Olson PhD

    Chairman & President

    On filings since 2019

    8 hrs/week

    No compensation reported

  • Debra L. Pierce

    Secretary

    On filings since 2019

    8 hrs/week

    No compensation reported

  • John Sherman

    Treasurer

    Director → Treasurer, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Maridean Jones

    Vice President

    On filings since 2023

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: John H. Jones (2019–2023) — Director

Data from IRS Form 990 filings, 2019–2025. "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 Majestic Ranch Arts Foundation

How much does Majestic Ranch Arts Foundation give each year?

Majestic Ranch Arts Foundation gave $30K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 1 grant.

How large is Majestic Ranch Arts Foundation?

Majestic Ranch Arts Foundation reported $325K in total assets on its 2025 IRS Form 990-PF. It paid out $45K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets).

Where does Majestic Ranch Arts Foundation operate?

Majestic Ranch Arts Foundation has awarded grants in Texas.

What is Majestic Ranch Arts Foundation's EIN?

Majestic Ranch Arts Foundation's EIN (Employer Identification Number) is 74-1908420. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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