Public Charity

Magic City Acceptance Academy Charter Sc

Magic City Acceptance Academy Charter Sc is a nonprofit organization categorized as Public Charity based in Birmingham, AL. Its most recent IRS filing (2024) reports revenue of $7.0M, expenses of $7.5M, total assets of $18.6M. Imperigo tracks 26 reported grant relationships connected to this organization totaling approximately $2.1M.

EIN: 854034546 Birmingham, AL Latest filing: 2024
Total Revenue$7.0M
Total Expenses$7.5M
Total Assets$18.6M
Grant Records26
Funding Total$2.1M
Filing Years2021–2024

Mission

The Magic City Acceptance Academy (MCAA) facilitates a community in which all learners are empowered to embrace education, achieve individual success, and take ownership of their future in a positive learning environment.

Officers & Directors

Member Abbas Merchant
Member Amber Lopez Martinez
Secretary Cece Lacey Kennedy
CEO Dr Karen Musgrove
Board Chair Dr Larry Contri
Principal and Superintendent Dr Patton Furman

Officer compensation and complete director data available with membership.

Top Grant Purposes

SEE SCHEDULE I SUPPLEMENTAL INFORMATION
$1,042,881 4 grants
INNOVATIVE SCHOOLS
$502,500 3 grants
CHARTER SCHOOL GROWTH
$200,000 1 grant
TO SUPPORT SUMMER BOOST
$119,600 1 grant
EDUCATION
$37,750 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.0M $7.5M $18.6M
2023 $4.0M $5.6M $4.9M
2022 $4.3M $4.4M $5.9M
2021 $702K $106K $596K

Between 2021 and 2024, reported annual revenue grew from $702K to $7.0M (+900%), with total assets most recently reported at $18.6M.

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

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