Magic Soccer Club Inc is located in Madison, WI. The organization was established in 1997. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magic Soccer Club Inc 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 07/2022, Magic Soccer Club Inc generated $88.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $97.8k during the year ending 07/2022. 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
MAGIC SOCCER CLUB, INC. IS ORGANIZED TO DEVELOP AND TEACHSPORTSMANSHIP AND COMPETITION IN SOCCER FOR BOYS AND GIRLSOF ALL AGES, BUT PRIMARILY FOR THOSE BETWEEN THE AGES OF 6 AND 19.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jack Williams Member | 0.5 | $0 | |
Holly Benson Secretary | 0.5 | $0 | |
Michelle Rudman Treasurer | 2 | $0 | |
Chris Bennett Member | 0.5 | $0 | |
Kimberly Cowles Member | 0.5 | $0 | |
Kristin Lamers Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $88,485 |
Membership dues | $0 |
Investment income | $8 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $88,493 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $49,000 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $48,777 |
Total expenses | $97,777 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $119,633 |
Other assets | $0 |
Total assets | $119,633 |
Total liabilities | $0 |
Net assets or fund balances | $119,633 |
Organization Name | Assets | Revenue |
---|---|---|
Tga Usa Minneapolis, MN | $875,647 | $3,712,520 |
Rev Soccer Club Eagan, MN | $1,013,337 | $3,718,465 |
Plymouth Wayzata Fusion Soccer Club Plymouth, MN | $2,685,722 | $3,801,367 |
United States Senior Soccer Division Inc Bridgeview, IL | $4,213,384 | $3,420,004 |
Sporting St Croix Soccer Club Inc Oak Park Heights, MN | $1,056,078 | $2,599,201 |
Grand Valley Premier Soccer Club Kentwood, MI | $3,029,015 | $3,061,144 |
Elmbrook United Inc Brookfield, WI | $2,087,528 | $2,637,814 |
Michigan Wolves-Hawks Soccer Club Livonia, MI | $2,164,213 | $2,684,683 |
Galaxy Soccer Club Naperville, IL | $1,060,372 | $2,271,460 |
Wisconsin Juniors Volleyball Club Inc Salem, WI | $545,041 | $2,203,549 |
Illinois Youth Soccer Assocn Inc Arlington Heights, IL | $5,708,000 | $2,009,135 |
Michigan State Youth Soccer Assn Plymouth, MI | $4,453,943 | $2,350,945 |