Financial Information for Magic City Enterprises INC

Magic City Enterprises INC's annual revenue was $4.7M in tax year 2024, reported on their IRS Form 990. They spent $5.0M in total expenses. 70% went to programs and services.

Financial Breakdown

What is Magic City Enterprises INC's total annual expenses?

Magic City Enterprises INC spent $5.0M in tax year 2024, according to their IRS Form 990 filing.

How much of Magic City Enterprises INC's budget goes to programs?

Magic City Enterprises INC spent $3.5M (70% of expenses) on programs and services in tax year 2024.

How much does Magic City Enterprises INC spend on overhead?

Magic City Enterprises INC's overhead in tax year 2024 includes administrative (30%) of their expenses.

What is Magic City Enterprises INC's net worth?

Magic City Enterprises INC had net assets of $1.5M as of the end of tax year 2024.

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View full Magic City Enterprises INC report

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.