Open Heart Magic is located in Chicago, IL. The organization was established in 2004. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Open Heart Magic employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Heart Magic is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Open Heart Magic generated $701.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $517.1k during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN SICK KIDS USING THE THERAPEUTIC POWER OF MAGIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPEN HEART MAGIC'S LONG STANDING PROGRAM PROVIDES THERAPEUTIC MAGIC, ONE-ON-ONE, AT A PATIENT'S BEDSIDE TO BRING LAUGHTER AND STRENGTH TO SICK KIDS FACING SERIOUS MEDICAL CONDITIONS. OUR HOSPITAL MAGICIANS WORK WITH YOUNG PATIENTS, USING MAGIC AS A MEANS TO ENCOURAGE PARTICIPATION, ENGAGE THE IMAGINATION, AND HELP THESE KIDS FIND THEIR OWN SENSE OF CONFIDENCE AND MASTERY AS THEY LEARN TO PERFORM TRICKS FOR THEIR DOCTORS, FAMILY, AND FRIENDS. BECAUSE OUR BEDSIDE MAGIC PERFORMANCES ARE PERSONALIZED AND INTERACTIVE, WE'RE ABLE TO WORK WITH KIDS OF ALL AGES, REGARDLES OF PHYSICAL OR DEVELOPMENTAL RESTRICTIONS. WE OFFER SUPPORT TO KIDS WHO ARE IN A ONE-TIME ER VISIT, AS WELL AS PATIENTS UNDERGOING LONG-TERM TREATMENT FOR CONDITIONS SUCH AS PEDICATRIC CANCER, CHILDHOOD DIABETES, HEART PROBLEMS, AND MORE. DISEASE DOES NOT DISCRIMINATE. IT CAN IMPACT ANY KID. MANY OF THE PEDIATRIC POPULATIONS WE REACH ARE IN UNDERSERVED AND ECONOMICALLY DISADVANTAGED AREAS. UNFORTUNATELY THIS POPULATION MORE EASILY FINDS THEMSELVES FINANCIALLY UNABLE TO MAKE REGULAR DOCTOR VISITS AND END UP IN MORE SERIOUS IN-PATIENT SITUATIONS. THESE SICK KIDS ARE OFTEN FOUND ALONE BECAUSE PARENTS LACK WORK FLEXIBILITY AND SECURITY TO STAY AT THE HOSPITAL WITH THEIR CHILD. WE BELIEVE LAUGHTER IS THE BEST MEDICINE FOR A CHILD, AND THANKS TO OUR UNIQUE PROGRAMMING, SCARY AND ISOLATE HOSPITALS ROOMS ARE TRANSFORMED AND FILLED WITH LAUGHTER AND JOY. HOSPITAL MAGICIAN VOLUNTEERS OFTEN HEAR PARENTS SAY, "THIS IS THE FIRST TIME MY CHILD HAS LAUGHED SINCE WE'VE BEEN IN THE HOSPITAL- THANK YOU! WHEN PROGRAMS WERE SUSPENDED IN 2020 DUE TO COVID-19, OPEN HEART MAGIC WORKED TO FIND A WAY TO CONTINUE PROVIDING JOY AND HEALING DURING THE PANDEMIC. IN 2021, WE DEVELOPED A HIGH-VALUED TOOL FOR HOSPITAL STAFF TO HELP ISOLATED KIDS. WE PARTNERED WITH LEGO AND AN AWARD-WINNING FAMILY GAME, WHILE CREATING OUR OWN ULTIMATE MAGIC KIT OFFERING VIRTUAL MAGIC INSTRUCTION. THESE ITEMS ARE PACKAGED TOGETHER IN A FUN, PROFESSIONAL WAY TO MAKE UP A MAGIC DELIVERY. THE BOX GETS DELIVERED BEDSIDE TO SUPPORT LAUGHTER, CREATIVITY, AND FUN DURING A STRESSFUL TIME. YOUNG PATIENTS RECEIVE THIS PERSONAL PACKAGE DIRECTLY AT THEIR BEDSIDE AND IS MEANT TO REACH CHILDREN IN HARDER TO SERVE UNITS SUCH AS EMERGENCY ROOMS, BURN UNITS, ONCOLOGY FLOORS, AND MORE. BECAUSE OF THE PANDEMIC, MANY CHILDREN WERE IN ISOLATION, UNABLE TO SEE VISITORS AND SOMETIMES EVEN THEIR FAMILY MEMBERS. THIS PANDEMIC ALLOWED US TO COMMIT TO OUR LONG-TERM, DREAM PROJECT: MAGIC DELIVERY. YEARS AGO, LURIE CHILDREN'S HOSPITAL CHALLENGED US TO CREATE A SPECIAL EXPERIENCE THAT -IN AN EMERGENCY -COULD HELP KIDS. WITH THE HELP OF OUR PARTNER HOSPITALS WE WERE ABLE TO MAKE THIS DREAM COME TRUE. IN 2021, 304 MAGIC DELIVERY BOXES WENT TO 7 HOSPITALS WITH MORE SHIPPING IN 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Walton Founder & Executive Director | Officer | 40 | $96,000 |
Sean Mccarthy Chairman Of The Board | OfficerTrustee | 10 | $0 |
Andrew Denenberg Treasurer | OfficerTrustee | 10 | $0 |
Katy Leoni Secretary | OfficerTrustee | 10 | $0 |
Ted Limjoco Director | Trustee | 5 | $0 |
Hilary Goldin- Parker Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $157,661 |
Related organizations | $0 |
Government grants | $145,016 |
All other contributions, gifts, grants, and similar amounts not included above | $401,443 |
Noncash contributions included in lines 1a–1f | $24,192 |
Total Revenue from Contributions, Gifts, Grants & Similar | $704,120 |
Total Program Service Revenue | $47,394 |
Investment income | $168 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$56,384 |
Net Income from Gaming Activities | $6,515 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $701,813 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $96,000 |
Compensation of current officers, directors, key employees. | $4,800 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $158,641 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $30,880 |
Payroll taxes | $20,636 |
Fees for services: Management | $0 |
Fees for services: Legal | $828 |
Fees for services: Accounting | $21,710 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,480 |
Advertising and promotion | $0 |
Office expenses | $31,579 |
Information technology | $8,346 |
Royalties | $0 |
Occupancy | $65,537 |
Travel | $8,079 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,108 |
All other expenses | $0 |
Total functional expenses | $517,121 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $385,478 |
Savings and temporary cash investments | $409,687 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $17,061 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $94,424 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,088 |
Total assets | $917,738 |
Accounts payable and accrued expenses | $48,207 |
Grants payable | $0 |
Deferred revenue | $26,498 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $15,351 |
Total liabilities | $90,056 |
Net assets without donor restrictions | $827,682 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $917,738 |
Over the last fiscal year, we have identified 13 grants that Open Heart Magic has recieved totaling $75,657.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,791 |
Joy In Childhood Foundation Inc Canton, MA PURPOSE: Support Sick and Hungry Kids | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Melkus Family Foundation Nashville, TN PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY | $10,000 |
Chicago Board Of Trade Foundation Chicago, IL PURPOSE: GENERAL | $7,500 |
Skender Foundation Chicago, IL PURPOSE: COMMUNITY SUPPORT | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Avery Coonley School Downers Grove, IL | $18,999,451 | $10,214,610 |
Chicago Furniture Bank Inc Chicago, IL | $4,198,402 | $6,823,901 |
Project Rescue Foundation Springfield, MO | $4,016,610 | $3,399,257 |
Successlink Inc Waterloo, IA | $1,100,580 | $1,981,543 |
Peoples Community Action Corporation Saint Louis, MO | $434,410 | $2,462,930 |
Affordable Recovery Housing Blue Island, IL | $86,238 | $1,624,403 |
Family Interventions Inc Crawfordsville, IN | $325,054 | $1,158,179 |
Hope Honoring Opportunities For Personal Empowerment West Des Moines, IA | $413,285 | $1,227,796 |
Community Services Of Northern Kentucky Inc Florence, KY | $2,096,196 | $1,966,474 |
Turning Point Soc Kokomo, IN | $4,417,046 | $5,043,066 |
Central Connections Inc Jefferson City, MO | $1,210,367 | $1,096,605 |
The Seton Cove St Louis, MO | $149,427 | $881,949 |