Magic House Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 91,950 | 91,725 | 225 | 0.2 | — |
| 2013 | 91,950 | 91,725 | 225 | 0.2 | — |
| 2014 | 159,071 | 141,128 | 17,943 | 3.7 | — |
| 2015 | 187,165 | 193,538 | −6,373 | 2.3 | — |
| 2016 | 204,069 | 195,559 | 8,510 | 2.8 | 24% |
| 2017 | 114,158 | 120,318 | −6,160 | 4.0 | — |
| 2018 | 228,159 | 239,043 | −10,884 | 1.5 | 22% |
| 2019 | 174,588 | 193,949 | −19,361 | 0.6 | — |
| 2020 | 69,094 | 78,490 | −9,396 | 0.1 | — |
In its most recent public year (2020), this organization spent $9,396 more than it brought in. Its reserves stood at about 0.1 months of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2020. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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