Magical Mila Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 90,915 | 88,999 | 1,916 | 15.1 | — |
| 2021 | 109,977 | 97,652 | 12,325 | 15.3 | — |
| 2022 | 101,797 | 115,020 | −13,223 | 11.6 | — |
| 2023 | 159,300 | 111,570 | 47,730 | 17.1 | 0% |
In its most recent public year (2023), this organization brought in $47,730 more than it spent. Its reserves stood at about 17.1 months of spending, up from 15.1 in 2020. 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
Magical Mila Foundation'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