Magic Curtain Productions Inc

Analysis

Magic Curtain Productions Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2006, 20 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 December 2023, Magic Curtain Productions Inc reported income of $360k and spending of $363k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $412k to $360k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Magic Curtain Productions Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Center for Latter-Day Saint Arts Inc ($360k), Fallon Community Theatre Inc ($361k) and Mid India Christian Mission Inc ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 91% of the total. At year end it held assets of $384k against liabilities of $102k, net assets of $282k.