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Filing year 2023

AUSTIN AREA FOUNDATION

Austin, Minnesota·EIN 58-2671449·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$460k
Total assets
$3.3M
Total expenses
$306k
Reported officers
19
Mission

SUPPORT NONPROFIT ORGANIZATIONS BY MANAGING & DISTRIBUTING CHARITABLE GIFTS

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Executive Dir.
Officer (Unspecified)
$52k
$57k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking →

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at AUSTIN AREA FOUNDATION equaled 17% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
17%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

HORMEL FOODS CORPORATION CHARITABLE TRUST2024
$16k
HORMEL FOODS CORPORATION CHARITABLE TRUST2023
$6k
THE KNOWLTON FOUNDATION2024
$5k
THE KNOWLTON FOUNDATION2023
$2k

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
UNITED WAY OF SOUTHWEST MINNESOTA2024
$65k
2
THE LINK OF NORTHERN KANDIYOHI COUNTY2024
$60k
3
HOPKINS EDUCATION FOUNDATION2024
$59k
4
AUSTIN AREA FOUNDATION2023
$52k
5
WHITE BEAR LAKE SENIOR HOUSING INC2024
$42k
6
MINNESOTA CREDIT UNION FOUNDATION2023
$20k
Compare compensation across all Philanthropy, Voluntarism & Grantmaking organizations
FAQ

Common questions about AUSTIN AREA FOUNDATION

What are AUSTIN AREA FOUNDATION's revenue and expenses?

In 2023, AUSTIN AREA FOUNDATION reported $460k in total revenue and $306k in total expenses on its IRS Form 990.

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