Magic City Perfoming Arts
- Assets
- $56.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shoal Creek, AL
- Founding
- Data as of
- 12/2022
- EIN
- 86-2243492
Organization Overview
Magic City Perfoming Arts is located in Shoal Creek, AL. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, 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. Magic City Perfoming Arts 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 12/2022, Magic City Perfoming Arts generated $120.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $118.0k during the year ending 12/2022. 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
THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROVIDE AFFORDABLE OR EVEN NO-COST ACCESS TO OUR PERFORMANCES. OUR GOAL IS TO ELIMINATE FINANCIAL BARRIERS AND MAKE DANCE MORE DIVERSE, WHILE ALSO CREATING MEANINGFUL OPORTUNITIES FOR YOUNG INDIVIDUALS AND FOSTERING POSITIVE SOCIAL CHANGE IN OUR COMMUNITY. THE MAGIC CITY NUTCRACKER PROVIDES A BEAUTIFUL HOLIDAY TRADITION AND IS SUITABLE FOR ALL AGES. PARTICIPANTS RANGE FROM THE AGE OF FIVE AND THROUGH ADULTHOOD AND PLAY A VARIETY OF PARTS DEPENDING ON SKILL LEVELS. PROVIDED FREE BALLET CLASSES FOR THE LOCAL BOYS AND GIRLS CLUB THAT PARTICIPATED IN THE EVENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Lowery Operations D | 15 | $0 | |
Stephanie Frances Thompson Rangel Board Presid | 20 | $0 | |
Jamie Grimes Ballet Mistr | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,280 |
| Total Program Service Revenue | $67,937 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,838 |
| 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 | $39,063 |
| Occupancy, rent, utilities, and maintenance | $2,469 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $76,436 |
| Total expenses | $117,968 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,989 |
| Other assets | $0 |
| Total assets | $56,409 |
| Total liabilities | $8,740 |
| Net assets or fund balances | $47,669 |