The Magik Theatre
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,281,015 | 1,286,218 | −5,203 | 4.3 | 41% |
| 2012 | 1,742,013 | 1,762,607 | −20,594 | 3.0 | 49% |
| 2013 | 1,654,531 | 1,649,728 | 4,803 | 3.0 | 54% |
| 2014 | 1,785,163 | 1,921,021 | −135,858 | 1.8 | 54% |
| 2015 | 1,982,057 | 2,219,447 | −237,390 | 0.2 | 45% |
| 2016 | 2,045,093 | 2,044,138 | 955 | 0.1 | 40% |
| 2017 | 1,998,276 | 2,034,864 | −36,588 | -0.1 | 39% |
| 2018 | 2,334,041 | 2,223,525 | 110,516 | 0.5 | 51% |
| 2019 | 2,510,373 | 2,366,384 | 143,989 | 1.1 | 59% |
| 2020 | 1,812,158 | 1,868,036 | −55,878 | 1.0 | 61% |
| 2021 | 1,762,662 | 1,383,947 | 378,715 | 4.6 | 52% |
| 2022 | 2,034,389 | 2,165,552 | −131,163 | 3.0 | 51% |
| 2023 | 2,344,535 | 2,400,040 | −55,505 | 2.4 | 54% |
In its most recent public year (2023), this organization spent $55,505 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 4.3 in 2011. Staff pay was 54% of spending. $60,000 of its net assets are donor-restricted.
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
The Magik Theatre'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