Maginus Project
- Assets
- $56.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Novato, CA
- Founding
- 11/2015
- Data as of
- 12/2018
- EIN
- 47-4968488
Organization Overview
Maginus Project is located in Novato, CA. The organization was established in 2015. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Maginus Project 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 12/2018, Maginus Project generated $60.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $51.3k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3
PROVIDED FUNDING DEVELOPMENT, PRODUCTION SERVICES AND FINANCIAL OVERSIGHT FOR SPONSORED ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Lewis President/executive Producer | 40 | $12,000 | |
Catherine Goldwyn Chairman/executive Director | 40 | $0 | |
Sam Burton Director | 10 | $0 | |
Daniel Lilie Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,570 |
| 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 | $60,570 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $17,965 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,369 |
| Total expenses | $51,334 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,834 |
| Other assets | $0 |
| Total assets | $56,834 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,834 |