Magic City Woodworks
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 101,760 | 45,376 | 56,384 | 16.4 | — |
| 2016 | 164,178 | 95,954 | 68,224 | 17.1 | 69% |
| 2017 | 327,622 | 303,823 | 23,799 | 6.4 | 78% |
| 2018 | 697,586 | 617,800 | 79,786 | 4.7 | 79% |
| 2019 | 943,968 | 639,616 | 304,352 | 10.2 | 73% |
| 2020 | 787,855 | 803,307 | −15,452 | 7.7 | 56% |
| 2021 | 1,493,742 | 1,090,761 | 402,981 | 10.1 | 53% |
| 2022 | 1,034,133 | 1,344,816 | −310,683 | 5.4 | 55% |
| 2023 | 1,514,793 | 1,725,336 | −210,543 | 2.6 | 60% |
In its most recent public year (2023), this organization spent $210,543 more than it brought in. Its reserves stood at about 2.6 months of spending, down from 16.4 in 2015. Staff pay was 60% 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 City Woodworks'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