Magic Circle Players

Analysis

Magic Circle Players is a registered charity in United States, based in Montrose, CO. It received its IRS tax-exemption ruling in July 1962, 64 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Magic Circle Players reported income of $421k and spending of $235k, leaving 44% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $173k to $421k (+143%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Magic Circle Players sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Illinois Club for Catholic Women ($421k), Kansas School for Effective Learning Inc ($421k) and Bainbridge Island Historical Society ($421k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 39% of the total. Other salaries and wages came to $40k. At year end it held assets of $808k against liabilities of $40k, net assets of $768k. It reported 1 employees.