Magic Soccer Club Of Indiana
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 180,794 | 165,956 | 14,838 | 6.9 | — |
| 2012 | 230,949 | 234,908 | −3,959 | 4.7 | — |
| 2013 | 343,250 | 309,411 | 33,839 | 4.9 | 18% |
| 2014 | 478,490 | 463,855 | 14,635 | 3.6 | 16% |
| 2015 | 655,408 | 688,072 | −32,664 | 1.9 | 11% |
| 2017 | 587,141 | 654,847 | −67,706 | 3.4 | 14% |
| 2018 | 600,236 | 594,432 | 5,804 | 3.9 | 18% |
| 2019 | 571,690 | 584,756 | −13,066 | 3.7 | 19% |
| 2020 | 685,250 | 643,345 | 41,905 | 4.0 | 28% |
| 2021 | 913,637 | 784,318 | 129,319 | 5.3 | 43% |
| 2022 | 884,697 | 812,440 | 72,257 | 6.2 | 45% |
| 2023 | 957,703 | 897,144 | 60,559 | 6.4 | 47% |
In its most recent public year (2023), this organization brought in $60,559 more than it spent. Its reserves stood at about 6.4 months of spending. Staff pay was 47% 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
Magic Soccer Club Of Indiana'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