A Magical Journey Thru Stages Inc

Analysis

A Magical Journey Thru Stages Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, A Magical Journey Thru Stages Inc reported income of $465k and spending of $481k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $350k to $465k (+33%), an average of +7.4% a year. The sharpest change came in the year to September 2022, when income rose by 56%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, A Magical Journey Thru Stages Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Association for Visual Artists ($465k), Latitude Inc NFP ($465k) and Alliance Francaise of Miami Metro Inc ($464k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $90k (19% of expenses). Other salaries and wages came to $94k. At year end it held assets of $77k against liabilities of $67k, net assets of $10k. It reported 8 employees.