Civic Intelligence

Magic Theatre Inc.

990 • Fiscal year 2019 • EIN 94-1733420

Sep 01, 2018 to Aug 31, 2019 • Filed on Feb 18, 2020

Organization ProfileWWW.MAGICTHEATRE.ORG
2 Marina Blvd Bldg D 2nd FloorSan Francisco, CA 94123

(415) 441-8001

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.43x

Higher debt load relative to assets than 79% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.17x

Higher debt load relative to revenue than 62% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

35th percentile

-1.1%

Higher net margin than 35% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

83rd percentile

$146,708

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

10th percentile

-13%

Faster asset growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

11th percentile

-27%

Faster revenue growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$511,146

Down $73,509 (-13%) from 2018

Net Assets

Down

$289,127

Down $15,299 (-5.0%) from 2018

Liabilities

Down

$222,019

Down $58,210 (-21%) from 2018

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin35th percentile

Revenue

Down

$1,344,826

Down $489,408 (-27%) from 2018

Expenses

Down

$1,360,125

Down $393,951 (-22%) from 2018

Net Income

Down

-$15,299

Down $95,457 (-119%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $603,909Liabilities 2011: $279,071Net Assets 2011: $324,8382011Assets 2012: $922,664Liabilities 2012: $329,851Net Assets 2012: $592,8132012Assets 2013: $735,397Liabilities 2013: $402,283Net Assets 2013: $333,1142013Assets 2014: $560,509Liabilities 2014: $400,218Net Assets 2014: $160,2912014Assets 2015: $846,931Liabilities 2015: $373,904Net Assets 2015: $473,0272015Assets 2016: $815,307Liabilities 2016: $322,730Net Assets 2016: $492,5772016Assets 2017: $577,135Liabilities 2017: $352,867Net Assets 2017: $224,2682017Assets 2018: $584,655Liabilities 2018: $280,229Net Assets 2018: $304,4262018Assets 2019: $511,146Liabilities 2019: $222,019Net Assets 2019: $289,1272019Assets 2020: $689,768Liabilities 2020: $323,102Net Assets 2020: $366,6662020Assets 2021: $829,639Liabilities 2021: $306,897Net Assets 2021: $522,7422021Assets 2022: $983,140Liabilities 2022: $209,321Net Assets 2022: $773,8192022Assets 2023: $1,086,905Liabilities 2023: $680,123Net Assets 2023: $406,7822023Assets 2024: $809,422Liabilities 2024: $571,397Net Assets 2024: $238,0252024Assets 2025: $592,086Liabilities 2025: $520,877Net Assets 2025: $71,2092025

Highlighted filing

2019

Assets$511,146
Liabilities$222,019
Net Assets$289,127
Open 2019 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,506,7772011Expenses 2012: $1,670,6472012Expenses 2013: $1,646,6782013Revenue 2014: $1,481,267Expenses 2014: $1,654,090Net Income 2014: -$172,8232014Revenue 2015: $2,106,850Expenses 2015: $1,794,114Net Income 2015: $312,7362015Revenue 2016: $1,837,727Expenses 2016: $1,818,177Net Income 2016: $19,5502016Revenue 2017: $1,319,507Expenses 2017: $1,587,816Net Income 2017: -$268,3092017Revenue 2018: $1,834,234Expenses 2018: $1,754,076Net Income 2018: $80,1582018Revenue 2019: $1,344,826Expenses 2019: $1,360,125Net Income 2019: -$15,2992019Revenue 2020: $1,401,144Expenses 2020: $1,323,605Net Income 2020: $77,5392020Revenue 2021: $843,584Expenses 2021: $687,508Net Income 2021: $156,0762021Revenue 2022: $1,445,865Expenses 2022: $1,194,788Net Income 2022: $251,0772022Revenue 2023: $1,145,406Expenses 2023: $1,512,443Net Income 2023: -$367,0372023Revenue 2024: $1,509,520Expenses 2024: $1,678,277Net Income 2024: -$168,7572024Revenue 2025: $1,545,813Expenses 2025: $1,712,629Net Income 2025: -$166,8162025

Highlighted filing

2019

Revenue$1,344,826
Expenses$1,360,125
Net Income-$15,299
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Feb 18, 2020
Return Version
2018v3.1
Gross Receipts
$1,440,859
Mission and Program Overview

Mission

Magic theatre is a place where emerging and established playwrights engage audiences in a unique experience; the chance to participate in the development of new work that is staged in an intimate, professional setting that speaks to contemporary issues with originality and with, a sense of urgency and adventure.

Magic theatre is a place where emerging and established playwrights engage audiences in a unique experience; the chance to participate in the development of new work that is staged in an intimate, professional setting that speaks to contemporary issues with originality and wit, a sense of urgency and adventure.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$65,441$220,798▲ $155,357
Accounts Receivable$302,500$171,625▼ $130,875
Land, Buildings, and Equipment, Net$100,542$72,987▼ $27,555
Prepaid Expenses and Deferred Charges$54,049$29,714▼ $24,335
Cash and Non-Interest-Bearing Accounts$44,721$611▼ $44,110
Total Assets$584,655$511,146▼ $73,509
Other Assets Total$17,402$15,411▼ $1,991
Liabilities
Accounts Payable and Accrued Expenses$177,013$138,805▼ $38,208
Deferred Revenue$78,216$81,214▲ $2,998
Mortgage Notes Payable Secured by Investment Property$25,000$0▼ $25,000
Other Liabilities$0$2,000▲ $2,000
Total Liabilities$280,229$222,019▼ $58,210
Net Assets / Fund Balance
Temporarily Rstr Net Assets$524,671$287,294▼ $237,377
Unrestricted Net Assets$-220,245$1,833▲ $222,078
Total Net Assets Fund Balance$304,426$289,127▼ $15,299
Total Liabilities and Net Assets / Fund Balance$584,655$511,146▼ $73,509

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$71,721$445,734$517,455
Equipment$150$208,124$208,274
Other Land Buildings$1,116$77,292$78,408
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Loretta GrecoArtistic DirectorFT$135,000$11,708$146,708

Board Members and Trustees

NameTitle
Bennett YoungCo-chairman
John MarxCo-chairman
Karen DonovanBoard Member
Katrina WongBoard Member
Larry GoldfarbBoard Member
Leigh WolfBoard Member
Sarah Nina HayonBoard Member
Alan StewartSecretary
Kathryn KerseyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,119,942
Program Service Revenue
$180,724
Investment Income
$341
Other Revenue
$43,819
All Other Contributions
$1,026,682
Change in Net Assets
$-15,299

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,344,826
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$129,430
Total Revenue per Audited Statements
$1,474,256
Total Revenue per Form 990
$1,344,826
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$764,026
Other Expenses$596,099
Total Fundraising Expense$200,423
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$406,303$129,136$91,280$626,719
Current Officers, Directors, Trustees, and Key Employees$89,250$27,460$20,597$137,307
All Other Expenses$73,866$27,923$23,100$124,889
Occupancy$46,266$38,170$31,230$115,666
Fees for Services Accounting$13,134$10,836$8,866$32,836
Depreciation Depletion$11,022$9,093$7,440$27,555
Advertising$26,159--$26,159
Travel$25,744--$25,744
Other Expenses$24,172$9,890$8,093$24,172
Interest$8,027$6,622$5,418$20,067
Insurance$4,420$3,646$2,983$11,049
Conferences and Meetings$1,187$980$801$2,968
Office Expenses$910$751$615$2,276
Total Functional Expenses$895,195$264,507$200,423$1,360,125

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,489,555
Expenses per Audited Statements$1,360,125
Total Expenses per Form 990$1,360,125
Expenses Not Reported on Form 990$129,430
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$139,852
Fundraising Direct Expenses$96,033
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$2,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Line 11a explanation - a copy of the 990 is provided to the board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to disclose conflicts.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Magic Theatre Inc
EIN
94-1733420
Phone
4154418001
Address
2 MARINA BLVD BLDG D 2ND FLOOR, SAN FRANCISCO, CA 94123

Signing Officer

Name
Kevin Nelson
Title
General Manager
Phone
4154418001
Signed
2020-02-18
Discuss with paid preparer
Yes

Organization Details

Formed
1971
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
62
Volunteers
60

Preparer

Firm
Buckley Patchen
Address
2890 N MAIN ST SUITE 200, WALNUT CREEK, CA 94597-2739
Preparer
Rafael E Lantan
Phone
9259372727
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Financial statements must be reviewed and approved by the audit committee.”

Form 990

“For the year ending august 31, 2019 magic theatre, inc. Is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).”

Financial Statement Notes

PART X, LINE 2:

“The organization has no uncertain tax positions as of august 31, 2019.”

Part XI 2 D., Part XII 2 D.

“Part xi 2 d. Other revenue fundraising expenses - 96,033 in kind - 33,397 part xii 2 d. Other expenses fundraising expenses - 96,033 in kind - 33,397”

Raw XML AppendixShowing 400 of 489 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0304426
IRS990/NetAssetsOrFundBalancesEOYAmt0289127
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt043819
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt043819
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt031230
IRS990/OccupancyGrp/ManagementAndGeneralAmt038170
IRS990/OccupancyGrp/ProgramServicesAmt046266
IRS990/OccupancyGrp/TotalAmt0115666
IRS990/OfficeExpensesGrp/FundraisingAmt0615
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0751
IRS990/OfficeExpensesGrp/ProgramServicesAmt0910
IRS990/OfficeExpensesGrp/TotalAmt02276
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017402
IRS990/OtherAssetsTotalGrp/EOYAmt015411
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ARTISTS - NON SALARIED
IRS990/OtherExpensesGrp/Desc1PRODUCTION AND EXHIBITI
IRS990/OtherExpensesGrp/Desc2PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc3ARTISTS CONSIGNMENTS
IRS990/OtherExpensesGrp/FundraisingAmt08093
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09890
IRS990/OtherExpensesGrp/ProgramServicesAmt085712
IRS990/OtherExpensesGrp/ProgramServicesAmt167035
IRS990/OtherExpensesGrp/ProgramServicesAmt211988
IRS990/OtherExpensesGrp/ProgramServicesAmt324172
IRS990/OtherExpensesGrp/TotalAmt085712
IRS990/OtherExpensesGrp/TotalAmt167035
IRS990/OtherExpensesGrp/TotalAmt229971
IRS990/OtherExpensesGrp/TotalAmt324172
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt02000
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt054049
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029714
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711110
IRS990/ProgramServiceRevenueGrp/BusinessCd1711110
IRS990/ProgramServiceRevenueGrp/Desc0TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1CONCESSIONS & OTHER RE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0163155
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117569
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0163155
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117569
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01556805
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt094
IRS990/PYOtherExpensesAmt0832911
IRS990/PYOtherRevenueAmt021600
IRS990/PYProgramServiceRevenueAmt0255735
IRS990/PYRevenuesLessExpensesAmt080158
IRS990/PYSalariesCompEmpBnftPaidAmt0921165
IRS990/PYTotalExpensesAmt01754076
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01834234
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0-15299
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0181065
IRS990/SavingsAndTempCashInvstGrp/BOYAmt065441
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0220798
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01119942
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01556805
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0896269
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01415537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01634065
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06622618
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0341
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt094
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0170
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0365
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01082
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0163496
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt033397
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt063896
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt020241
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt012262
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06500
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0136296
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97970
IRS990ScheduleA/PublicSupportPY170Pct00.98410
IRS990ScheduleA/PublicSupportTotal170Amt06622618
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01119942
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01556805
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0896269
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01415537
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01634065
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06622618
IRS990ScheduleA/TotalSupportAmt06759996
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0150
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0208124
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0208274
IRS990ScheduleD/ExpensesNotReportedAmt0129430
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01360125
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt071721
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0445734
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0517455
IRS990ScheduleD/OtherExpensesIncludedAmt0129430
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01116
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt077292
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt078408
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherRevenueAmt0129430
IRS990ScheduleD/RevenueNotReportedAmt0129430
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01344826
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2019.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PART XI 2 D. OTHER REVENUE FUNDRAISING EXPENSES - 96,033 IN KIND - 33,397 PART XII 2 D. OTHER EXPENSES FUNDRAISING EXPENSES - 96,033 IN KIND - 33,397
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI 2 D., PART XII 2 D.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt072987
IRS990ScheduleD/TotalExpensesPerForm990Amt01360125
IRS990ScheduleD/TotalLiabilityAmt02000
IRS990ScheduleD/TotalRevenuePerForm990Amt01344826
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01474256
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01489555
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11A EXPLANATION - A COPY OF THE 990 IS PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL STATEMENTS MUST BE REVIEWED AND APPROVED BY THE AUDIT COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOR THE YEAR ENDING AUGUST 31, 2019 MAGIC THEATRE, INC. IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$511,146
Liabilities
$222,019
Net assets
$289,127
Revenue
$1,344,826
Expenses
$1,360,125
Net income
-$15,299
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.59$0.52$0.07$1.55$1.71$0.17
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.57$0.24$1.51$1.68$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.68$0.41$1.15$1.51$0.37
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.21$0.77$1.45$1.19$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.31$0.52$0.84$0.69$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.32$0.37$1.40$1.32$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.51$0.22$0.29$1.34$1.36$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.28$0.30$1.83$1.75$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.35$0.22$1.32$1.59$0.27
2016Detailed filing. Detailed filing data is available for this year.$0.82$0.32$0.49$1.84$1.82$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.85$0.37$0.47$2.11$1.79$0.31
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.40$0.16$1.48$1.65$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.40$0.33$1.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.33$0.59$1.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.28$0.32$1.51