Small Public Charity

MARBLEHEAD MAGICIANS G C

Based in MARBLEHEAD, MA, MARBLEHEAD MAGICIANS G C operates as a Small Public Charity. The organization reported $62K in revenue, $36K in expenses, $105K in total assets for fiscal year 2024.

EIN: 042841064 MARBLEHEAD, MA Philanthropy, Voluntarism & Grantmaking Foundations N.E.C. NTEE: T99 Latest filing: 2024
Total Revenue$62K
Total Expenses$36K
Total Assets$105K
Grants Given0
Filing Years2019–2024

Mission

THE ENTITY IS A SMALL LOCAL ORGANIZATION WHICH COLLECTS CONTRIBUTIONS AND ALLOCATES THE PROCEEDS TO SCHOLARSHIPS FOR LOCAL RESIDENTS TO DEFRAY COLLEGE TUITION.

Where $100 goes at Marblehead Magicians G C

How Marblehead Magicians G C divides every $100 it spends, from its own Form 990-EZ filings, averaged across 6 years.

$100 Programs the work itself
<$1 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $100 for programs

$100
The entity is a small local organization which collects contributions and allocates the proceeds to scholarships for local residents to defray college tuition
All program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Bruce Bial
Treasurer Carl Edwards
President Evan Harris
Director James Nye

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $62K $36K $105K
2023 $40K $34K $79K
2022 $49K $32K $73K
2020 $13K $18K $49K
2019 $35K $32K $52K

Between 2019 and 2024, reported annual revenue grew from $35K to $62K (+77%), with total assets most recently reported at $105K.

Interactive year-over-year charts and full filing details available with membership.

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