Cinemagic is located in Sherman Oaks, CA. The organization was established in 2019. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cinemagic 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 03/2022, Cinemagic generated $15.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $7.4k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (19.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO HELP YOUNG PEOPLE FROM UNDER PRIVILEGED AREAS OF THE UNITED STATES ACHIEVE THEIR CREATIVE POTENTIAL THROUGH THE ARTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ross King Director | 1.5 | $0 | |
Ryan Rowe Secretary | 3.85 | $0 | |
Jay Rowe Director | 2.9 | $0 | |
Lance O'connor Director | 1.5 | $0 | |
Ellis O'connor Treasurer | 1.5 | $0 | |
Dean Rossiter Director | 1.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,186 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $15,186 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,390 |
Total expenses | $7,390 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,949 |
Other assets | $0 |
Total assets | $33,949 |
Total liabilities | $0 |
Net assets or fund balances | $33,949 |
Over the last fiscal year, we have identified 1 grants that Cinemagic has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Weingart Foundation Los Angeles, CA PURPOSE: SUPPORT DOCUMENTARY AND COMMUNITY EDUCATION PROJECT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Film Independent Inc Los Angeles, CA | $7,465,634 | $11,527,723 |
Array Alliance Inc Encino, CA | $23,025,170 | $9,034,009 |
Santa Barbara International Film Festival Inc Santa Barbara, CA | $7,671,000 | $6,230,884 |
California Film Institute San Rafael, CA | $8,333,182 | $5,073,101 |
National Film Preserve Ltd Berkeley, CA | $40,155,231 | $15,232,996 |
Bfca Los Angeles, CA | $405,968 | $4,064,869 |
San Francisco Film Society San Francisco, CA | $2,689,392 | $4,948,774 |
Outfest Los Angeles, CA | $414,961 | $3,920,238 |
Bay Area Video Coalition Inc San Francisco, CA | $1,856,423 | $3,177,189 |
American Cinematheque Los Angeles, CA | $27,763,140 | $2,833,838 |
Forward Impact Los Angeles, CA | $1,099,494 | $2,810,551 |
Step Up Womens Network Los Angeles, CA | $3,610,439 | $2,970,827 |