Magic Wand Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 422,847 | 393,032 | 29,815 | 1.7 | 0% |
| 2012 | 621,350 | 612,588 | 8,762 | 1.2 | 0% |
| 2013 | 206,992 | 148,459 | 58,533 | 9.9 | 0% |
| 2014 | 71,557 | 139,428 | −67,871 | 4.7 | 23% |
| 2015 | 33,225 | 57,935 | −24,710 | 6.2 | 0% |
| 2017 | 122,536 | 144,097 | −21,561 | 0.7 | — |
| 2018 | 72,726 | 72,264 | 462 | 1.5 | — |
| 2019 | 245,367 | 253,715 | −8,348 | 0.0 | 0% |
| 2022 | 0 | 2,133 | −2,133 | 250.0 | — |
| 2023 | 579,245 | 440,730 | 138,515 | 5.0 | 34% |
In its most recent public year (2023), this organization brought in $138,515 more than it spent. Its reserves stood at about 5 months of spending, up from 1.7 in 2011. Staff pay was 34% 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 Wand Foundation Inc'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