Something Maagic Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 118,539 | 113,800 | 4,739 | 0.7 | — |
| 2012 | 112,411 | 102,053 | 10,358 | 2.0 | — |
| 2013 | 290,046 | 279,675 | 10,371 | 2.1 | 0% |
| 2014 | 313,585 | 233,769 | 79,816 | 6.6 | 0% |
| 2015 | 227,187 | 153,188 | 73,999 | 15.8 | 0% |
| 2016 | 233,550 | 255,790 | −22,240 | 8.4 | 0% |
| 2017 | 285,912 | 354,888 | −68,976 | 3.8 | 0% |
| 2018 | 219,904 | 157,672 | 62,232 | 13.2 | 0% |
| 2019 | 70,118 | 13,515 | 56,603 | 204.0 | 0% |
| 2020 | 5,269 | 42,886 | −37,617 | 54.1 | 0% |
In its most recent public year (2020), this organization spent $37,617 more than it brought in. Its reserves stood at about 54.1 months of spending, up from 0.7 in 2011. Staff pay was 0% 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 2020. 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
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