Public Charity

Magnet Schools of America Inc

Magnet Schools of America Inc, of Washington, DC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.9M in revenue, $3.6M in expenses, $1.6M in total assets. 3 publicly reported grants to this organization, totaling roughly $22K, appear in IRS filings.

EIN: 760428386 Washington, DC Latest filing: 2024
Total Revenue$3.9M
Total Expenses$3.6M
Total Assets$1.6M
Grant Records3
Funding Total$22K
Filing Years2020–2024

Mission

Magnet Schools of America provides leadership for innovative instructional programs that promote equity, diversity, and academic excellence for all students in public school choice programs.

Officers & Directors

Specialized Director Barbara Turner
Region I Director Brenden Mims
Secretary Corri Roche
Past President Doreen Marvin
Specialized Director Dr Keith Abrahams
President Dr Kimberly Lane

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNRESTRICTED
$22,427 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.9M $3.6M $1.6M
2023 $2.9M $2.8M $1.3M
2022 $2.8M $3.0M $1.4M
2021 $2.1M $1.7M $1.9M
2020 $1.1M $1.5M $1.7M

Between 2020 and 2024, reported annual revenue grew from $1.1M to $3.9M (+243%), with total assets most recently reported at $1.6M.

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

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