The Mardi Gras Fund

ANN ARBOR, MI EIN: 05-0464995

The Mardi Gras Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 17 grants totaling $88K. Net investment income was $84K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

-0.1% YoY

Annual Giving

$88K

+109.5% YoY

Grant Count

17

+30.8% YoY

Avg Grant Size

$5K

+60.2% YoY

About The Mardi Gras Fund

Based on IRS filings

The Mardi Gras Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 17 grants totaling $88K. Net investment income was $84K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Ann ArborBroadview HeightsChautauquaChicagoCleveland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$29K$57K$86K$115K20202021202220232024
Metric202420232022
Total Assets$1,614,686$1,616,692$1,581,862
Revenue$93,084$82,853$77,630
Expenses$104,372$56,670$45,710
Qualifying Distributions$95,668$48,842$33,500
Net Investment Income$84,382$75,025$65,420
Distributable Amount$84,981$81,599$29,699

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$44K$66K$88K11 grants202012 grants202112 grants202213 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GIRLS GROUP$10KALBANY PARK THEATRE PROJ…$8KTHE CLEVELAND FOUNDRY$8KUNIVERSITY MUSICAL SOCIETY$8KANN ARBOR SYMPHONY$6KCLEVELAND PUBLIC THEATER$6KART HOUSE$5KCHICAGO DANZTHEATRE ENSE…$5KCHICAGO JAZZ PHILHARMONIC$5KCHICAGO YOUTH SYMPHANY O…$5K

Grant Size Distribution

65 grants across all recorded years

65<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARGARET NORTHRUPPRESIDENT
ROBERT NORTHRUP JRTREASURER
ANNE NORTHRUPSECRETARY

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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