Majestic Ranch Arts Foundation
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
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2025 recipient was Old School Makerspace ($30K).
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 11 grants of 12 (92%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Old School Makerspace San Antonio, TX | Replace Av Equipment | $30,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Added Form 990-PF for fiscal year 2019 (received by the IRS January 14, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- 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.
Here's the math on researching Majestic Ranch Arts Foundation by hand.
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