Magical Strings Of Youth Nfp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 177,707 | 206,733 | −29,026 | 17.8 | 0% |
| 2012 | 185,418 | 140,195 | 45,223 | 28.0 | 0% |
| 2013 | 193,711 | 133,416 | 60,295 | 35.9 | 0% |
| 2014 | 164,138 | 231,223 | −67,085 | 17.3 | 0% |
| 2015 | 153,140 | 181,896 | −28,756 | 20.2 | 0% |
| 2016 | 152,683 | 170,492 | −17,809 | 21.6 | 0% |
| 2017 | 132,780 | 146,816 | −14,036 | 24.7 | 10% |
| 2018 | 64,725 | 146,895 | −82,170 | 18.0 | 10% |
| 2019 | 289,573 | 170,198 | 119,375 | 23.9 | 9% |
| 2020 | 169,682 | 157,777 | 11,905 | 26.7 | 10% |
| 2021 | 141,187 | 144,778 | −3,591 | 28.8 | 10% |
| 2022 | 128,093 | 158,477 | −30,384 | 24.0 | 9% |
| 2023 | 128,512 | 253,090 | −124,578 | 9.1 | 6% |
In its most recent public year (2023), this organization spent $124,578 more than it brought in. Its reserves stood at about 9.1 months of spending, down from 17.8 in 2011. Staff pay was 6% 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 2023. 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
Magical Strings Of Youth Nfp's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works