Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1971.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
56 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
20 people listed on the 990; $60K paid to officers and key staff.
Sean San Jose’s $120K as Artistic Director is at the 48th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Loretta Greco | — | — | — | — | — | $135,000 |
| Sean San Jose | $120,000 | $120,000 | $120,000 | $120,000 | $60,291 | — |
| Kevin Nelson | $80,000 | $80,000 | $75,000 | $65,000 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Magic Theatre INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Develops and stages new plays, involving audiences in the creative process.
Questions for Magic Theatre INC
Your first name shows with your question. Magic Theatre INC answers here, for everyone.
Production of theatrical performances.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $392K | $608K |
| Land, buildings, equipmentLn 10c | $46K | $20K |
| Total assetsLn 16 | $690K | $830K |
| LiabilitiesLn 26 | $323K | $307K |
| Net assetsLn 32 | $367K | $523K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $60K | $33K | $17K | $11K |
| Pay of disqualified personsLn 6 | $330K | $178K | $92K | $59K |
| Accounting feesLn 11c | $55K | $22K | $18K | $15K |
| Advertising and promotionLn 12 | $234 | $234 | ||
| Office expensesLn 13 | $22K | $9K | $7K | $6K |
| OccupancyLn 16 | $729 | $291 | $241 | $197 |
| TravelLn 17 | $10K | $10K | ||
| Conferences, conventions and meetingsLn 19 | $652 | $261 | $215 | $176 |
| InterestLn 20 | $7K | $3K | $2K | $2K |
| Depreciation, depletion and amortizationLn 22 | $26K | $10K | $9K | $7K |
| InsuranceLn 23 | $16K | $6K | $5K | $4K |
| Other expenses (24a–d)Ln 24 | $90K | $72K | $10K | $8K |
| All other expensesLn 24e | $71K | $44K | $16K | $11K |
| Total functional expensesLn 25 | $688K | $386K | $177K | $124K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Jan 15, 2026 | $1.5M | $1.7M | −$167K | $71K | 990 PDF |
| FY2024Filed with the IRS Jan 24, 2025 | $1.5M | $1.7M | −$169K | $238K | 990 PDF |
| FY2023Filed with the IRS Jan 26, 2024 | $1.1M | $1.5M | −$367K | $407K | 990 PDF |
| FY2022Filed with the IRS Feb 16, 2023 | $1.4M | $1.2M | $176K | $699K | 990 PDF |
| FY2021 ViewingFiled with the IRS Feb 3, 2022 | $844K | $688K | $156K | $523K | 990 PDF |
| FY2020Filed with the IRS Apr 14, 2021 | $1.4M | $1.3M | $78K | $367K | 990 PDF |
Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $843,584 revenue, 12 lines filed
Part VI · Governance 20 of 20 board members independent, 1 to look at
Part VIII · Statement of revenue $843,584 across 7 lines filed
Part IX · Statement of functional expenses $687,508 across 13 lines filed
Part X · Balance sheet $829,639 assets, 15 lines filed
Part XI · Reconciliation of net assets $522,742 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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