990 Scout/ Magfest INC/ Financials

Financial Information for Magfest INC

Magfest INC's annual revenue was $3.1M in tax year 2023, reported on their IRS Form 990. They spent $2.6M in total expenses. 94% went to programs and services.

Financial Breakdown

What is Magfest INC's total annual expenses?

Magfest INC spent $2.6M in tax year 2023, according to their IRS Form 990 filing.

How much of Magfest INC's budget goes to programs?

Magfest INC spent $2.5M (94% of expenses) on programs and services in tax year 2023.

How much does Magfest INC spend on overhead?

Magfest INC's overhead in tax year 2023 includes administrative (6%) and fundraising (0%) of their expenses.

What is Magfest INC's net worth?

Magfest INC had net assets of $3.0M as of the end of tax year 2023.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.