Operating record

Magic City Figure Skating Club

Minot, ND · EIN 45-0359406 · files full Form 990 · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2020$168,175$175,941−$7,7667.731%
2021$255,559$220,748$34,8118.025%
2022$314,889$262,890$51,9999.124%
2023$350,974$306,678$44,2969.628%
2024$323,422$289,357$34,06511.529%

In its most recent public year (2024), this organization brought in $34,065 more than it spent. Its reserves stood at about 11.5 months of spending, up from 7.7 in 2020. Staff pay was 29% 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 2024. 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 ↗