THE NATIONAL FOUNDATION FOR MUSICAL THEATRE IS A COMMUNITY OF PRODUCERS, INSTITUTIONS, AND MUSICAL THEATRE ENTHUSIASTS SUPPORTING THE DEVELOPMENT, PRODUCTION, AND APPRECIATION OF MUSICAL THEATRE. WE UNDERSTAND THAT IT OFTEN TAKES HUNDREDS OF THOUSANDS OF DOLLARS TO DEVELOP A SINGLE MUSICAL. TRY TO MOVE THAT SHOW TO BROADWAY AND IT CAN TAKE MILLIONS OF DOLLARS MORE. WHILE THIS IS TYPICALLY MORE THAN ONE PERSON OR INSTITUTION CAN AFFORD ON THEIR OWN, IF WE POOL OUR RESOURCES, TOGETHER WE CAN MAKE A TREMENDOUS IMPACT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$651K
+0.2% YoY
Annual Giving
$13K
+25.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$13K
+25.0% YoY
About The National Foundation for Musical
Based on IRS filings
The National Foundation for Musical is a nonprofit organization focused on Arts, Culture & Humanities, based in OWATONNA, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $651K in total assets. In 2024, it awarded 1 grants totaling $13K. Net investment income was $31K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $650,751 | $649,288 | $614,602 |
| Revenue | $33,930 | $65,780 | $-11,795 |
| Expenses | $52,664 | $47,773 | $38,796 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $30,763 | $63,263 | $-11,937 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN THEW | PRESIDENT | 5 | $12,000 |
| TROY BERMEL | VICE PRESIDENT | 0.5 | — |
| SIBYL GRUHL THROUGH 82024 | SECRETARY | 0.5 | — |
| ANN SANDIN | TREASURER | 0.5 | — |
| ELIZABETH WENZEL THROUGH 32024 | TREASURER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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