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New York · Nonprofit

MAGAZZINO ITALIAN ART FOUNDATION

MAGAZZINO ITALIAN ART FOUNDATION (New York) receives grants from 5 organizations whose IRS filings report $225,000 to it, the largest being Reed Foundation Inc ($150,000). 1 of them have funded it in more than one year.

Revenue FY2024
$4.6M
Funders on record
5
Grants received
$225k
Net assets
$25M
1/5 repeat funderspeak grant-dependency 0%
01What it does

What Magazzino Italian Art Foundation does

Program

  1. Magazzino Italian Art Foundation is devoted to postwar and contemporary art. The foundation serves as a resource and offers an extensive library and archive of italian art.

    $3,463,455 spent

The program described on its FY2023 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($13M) Expenses 100 ($2.6M) Net assets 100 ($11M)2020 Revenue 67 ($8.5M) Expenses 103 ($2.7M) Net assets 152 ($17M)2021 Revenue 26 ($3.3M) Expenses 114 ($2.9M) Net assets 155 ($17M)2022 Revenue 56 ($7.1M) Expenses 145 ($3.7M) Net assets 185 ($21M)2023 Revenue 75 ($9.4M) Expenses 173 ($4.5M) Net assets 230 ($26M)2024 Revenue 36 ($4.6M) Expenses 185 ($4.8M) Net assets 229 ($25M)
201920202021202220232024
Revenue (36)Expenses (185)Net assets (229)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $11M to $17M (+52%).

$11M
$17M
$18M
$23M
$27M
$27M
201920202021202220232024
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201920202021202220232024
Listed334444
Joined·+0+1+0+1+0
No longer listed·00010
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income held at $10k.

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MAGAZZINO ITALIAN ART FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MAGAZZINO ITALIAN ART FOUNDATION leans on a few funders — its largest provides 67% of grant income and the top three 91%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

67%
largest funder
91%
top three
~2
effective funders

Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of MAGAZZINO ITALIAN ART FOUNDATION's grant income comes from New York funders.

NY

In-state vs out-of-state, by year

’22
’23
New York out of state home

Funder states come from each funder’s own filing. $11k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MAGAZZINO ITALIAN ART FOUNDATION's revenue fell 64% between 2019 and 2024.

Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)−18% · bottom quartile

this organization peer median middle 50% of peers· 5,136 arts & culture nonprofits $1M–$10M, FY2024

Organizations like MAGAZZINO ITALIAN ART FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for MAGAZZINO ITALIAN ART FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MAGAZZINO ITALIAN ART FOUNDATION?
MAGAZZINO ITALIAN ART FOUNDATION (New York) receives grants from 5 organizations whose IRS filings report $225,000 to it, the largest being Reed Foundation Inc ($150,000). 1 of them have funded it in more than one year.
How many funders does MAGAZZINO ITALIAN ART FOUNDATION have?
IRS filings report 5 organizations giving $225,000 in grants to MAGAZZINO ITALIAN ART FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of MAGAZZINO ITALIAN ART FOUNDATION?
Reed Foundation Inc is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
How can an organization like MAGAZZINO ITALIAN ART FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing