Magura Cultural Center Nfp
- Assets
- $8.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 82-4868919
Organization Overview
Magura Cultural Center Nfp is located in Arlington Heights, IL. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magura Cultural Center Nfp 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 12/2023, Magura Cultural Center Nfp generated $118.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $109.5k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
EDUCATION SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nadejda Jelkiazkova President | 10 | $0 | |
John Keane Vice President | 10 | $0 | |
Stanislav Stanimirov Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,052 |
| 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 | $118,052 |
| 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 | $31,850 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,645 |
| Total expenses | $109,495 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,557 |
| Other assets | $0 |
| Total assets | $8,557 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,557 |