Magic Grants
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 96,699 | 10,361 | 86,338 | 100.0 | — |
| 2020 | −41,309 | 8,109 | −49,418 | 54.6 | — |
| 2021 | 17,944 | 8,599 | 9,345 | 64.6 | — |
| 2022 | 111,602 | 33,728 | 77,874 | 44.2 | 0% |
| 2023 | 304,281 | 172,228 | 132,053 | 17.9 | 0% |
In its most recent public year (2023), this organization brought in $132,053 more than it spent. Its reserves stood at about 17.9 months of spending, down from 100 in 2019. 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 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 Grants'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