Public Charity

NEW ULM AREA FOUNDATION INC

NEW ULM AREA FOUNDATION INC is a nonprofit organization categorized as Public Charity based in NEW ULM, MN. Its most recent IRS filing (2024) reports revenue of $512K, expenses of $341K, total assets of $3.5M. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $2.4M.

EIN: 464703262 NEW ULM, MN Latest filing: 2024
Total Revenue$512K
Total Expenses$341K
Total Assets$3.5M
Grant Records7
Funding Total$2.4M
Filing Years2019–2024

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.

Officers & Directors

DIRECTOR Bob Webb
DIRECTOR Carisa Buegler
DIRECTOR Colleen Skillings
DIRECTOR Dustan Cross
DIRECTOR Gene Clark
SECRETARY/TR Jenna Peterson

Officer compensation and complete director data available with membership.

Top Grant Purposes

MULTIPLE GRANTS FOR MULTIPLE PURPOSES
$2,092,122 2 grants
For grant recipient's exempt purposes
$200,050 1 grant
MULTIPLE PURPOSES
$66,800 1 grant
MULTIPLE GRANTS
$54,084 1 grant
CHARITABLE DONATION
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $512K $341K $3.5M
2023 $315K $261K $3.1M
2022 $465K $196K $2.7M
2020 $436K $98K $445K
2019 $155K $50K $109K

Between 2019 and 2024, reported annual revenue grew from $155K to $512K (+231%), with total assets most recently reported at $3.5M.

Interactive year-over-year charts and full filing details available with membership.

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