Skip to main content
Filing year 2024

NEW ULM AREA FOUNDATION INC

New Ulm, Minnesota·EIN 46-4703262·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$512k
Total assets
$3.5M
Total expenses
$341k
Reported officers
12
Mission

THE MISSION OF NEW ULM AREA FOUNDATION IS TO ADDRESS THE NEEDS OF THE COMMUNITY BY GROWING THE ENDOWMENTS FUNDS AND PROVIDING FINANCIAL GRANTS FROM THE EARNINGS OF THOSE FUNDS. THE FOUNDATION FOCUSES ITS GRANT FUNDING IN THE AREAS OF THE ARTS, EDUCATION, ECONOMIC DEVELOPMENT AND HISTORIC PRESERVATION.

Reported officers (all unpaid)

No paid executives reported in 2024. NEW ULM AREA FOUNDATION INC reported 12 unpaid officers and board members on its 990.

Director
Director
Director
Director
Director
Vice Preside
Director
Director
Secretary/tr
President/di
Director
Director
Financial trend

Revenue and expenses over time

NEW ULM AREA FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$465k
$196k
2022
$315k
$261k
2023
$512k
$341k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

NEW ULM AREA FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $20,805.

25th percentile
$6k
Median
$20,805
75th percentile
$47k
90th percentile
$100k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 90 organizations across 90 filings (2022 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
FAQ

Common questions about NEW ULM AREA FOUNDATION INC

What are NEW ULM AREA FOUNDATION INC's revenue and expenses?

In 2024, NEW ULM AREA FOUNDATION INC reported $512k in total revenue and $341k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.