Magik Magik Orchestra
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 44,143 | 19,819 | 24,324 | 14.8 | 0% |
| 2010 | 120,027 | 127,659 | −7,632 | 1.6 | 15% |
| 2011 | 101,531 | 76,039 | 25,492 | 4.0 | 0% |
| 2012 | 125,237 | 125,403 | −166 | 2.4 | 9% |
| 2013 | 133,175 | 139,384 | −6,209 | 1.7 | 21% |
| 2014 | 230,082 | 226,011 | 4,071 | 0.8 | 0% |
| 2015 | 168,342 | 156,577 | 11,765 | 1.2 | 0% |
| 2016 | 269,727 | 246,028 | 23,699 | 1.7 | 25% |
| 2017 | 252,736 | 248,571 | 4,165 | 0.0 | 0% |
| 2018 | 279,783 | 282,417 | −2,634 | 0.0 | 42% |
| 2019 | 181,492 | 322,428 | −140,936 | 0.0 | 0% |
| 2020 | 174,866 | 166,657 | 8,209 | 0.6 | 0% |
| 2021 | 161,327 | 158,075 | 3,252 | 2.6 | 88% |
| 2022 | 255,091 | 231,464 | 23,627 | 3.0 | 87% |
| 2023 | 196,586 | 174,988 | 21,598 | 5.5 | 92% |
In its most recent public year (2023), this organization brought in $21,598 more than it spent. Its reserves stood at about 5.5 months of spending, down from 14.8 in 2009. Staff pay was 92% 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
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