EIN 45-0573269

Magnum Foundation

IRS 501(c) type
501(c)(3)
Num. employees
11
Year formed
2007
Most recent tax filings
2023-12-01
Description
Magnum Foundation is a non-profit, photographic foundation located in New York. It was founded by members of Magnum Photos to encourage and fund independent photojournalism efforts.
Also known as...
Magnum Cultural Foundation
Total revenues
$1,177,866
2023
Total expenses
$1,764,733
2023
Total assets
$4,693,801
2023
Num. employees
11
2023

Program areas at Magnum Foundation

Major program services include: providing financial support to photographers to document issues of local, national, or global concern before they reach crisis proportions, with a focus on subjects that have not received the attention they deserve; increasing the impact of documentary photography by connecting photographers and their work with nonprofit organizations and individuals committed to social change; training the next generation of image-makers and giving awards to outstanding young photographers committed to documentary work; and preserving and making accessible significant documentary collections.

Who funds Magnum Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Foundation for A Just Society (FJS)To Provide General Operating Support$250,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$101,250
Henry Luce FoundationMagnum Foundation Project$100,000
...and 17 more grants received

Personnel at Magnum Foundation

NameTitleCompensation
Kristen LubbenExecutive Director$149,687
Emma RaynesDirector of Programs
Africia HeiderhoffManager of Operations and Finance
Sarah PerlmutterCommunications and Development Manager
Sana ManzoorInge Morath Award , Grant Manager
...and 2 more key personnel

Financials for Magnum Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,152,188
Program services$0
Investment income and dividends$792
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$4,200
Net gain from sale of non-inventory assets$2,362
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$18,324
Total revenues$1,177,866

Form 990s for Magnum Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-06990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-08990View PDF
2019-122021-02-22990View PDF
...and 10 more Form 990s

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Visual Studies WorkshopRochester, NY$430,072
Romare Bearden FoundationNew York, NY$603,806
The Gordon Parks FoundationPleasantville, NY$4,610,772
Dusti Bonge Art FoundationBiloxi, MS$329,112
Stowe Story LabsStowe, VT$1,009,546
Arhoolie FoundationEl Cerrito, CA$420,830
Ghetto Film School (GFS)Bronx, NY$5,293,277
Asian Legacy Library UsSedona, AZ$1,931,089
Kinfolk Tech FoundationBrooklyn, NY$1,029,145
Data update history
January 11, 2025
Received grants
Identified 7 new grant, including a grant for $250,000 from Foundation for A Just Society (FJS)
January 6, 2025
Posted financials
Added Form 990 for fiscal year 2023
October 21, 2024
Updated personnel
Identified 4 new personnel
October 21, 2024
Received grants
Identified 2 new grant, including a grant for $15,000 from Eberstadt-Kuffner Fund
August 10, 2024
Received grants
Identified 4 new grant, including a grant for $20,000 from The Genevieve Mcmillan-Reba Stewart Foundation
Nonprofit Types
Corporate foundationsArts, culture, and humanities nonprofitsMedia and communications organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Operates internationallyState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
59 E 4th St
New York, NY 10003
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
magnumfoundation.org/ 
Facebook page
magnumfoundation 
Twitter profile
@magnumfnd 
IRS details
EIN
45-0573269
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A40: Visual Art Organizations, Services
NAICS code, primary
512110: Motion Picture and Video Production
Parent/child status
Independent
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