Mixed Magic Theater & Cultural Events Inc
EIN: 510456328 · Pawtucket, RI · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $209K |
| Total Expenses | $167K |
| Net Assets | $102K |
Is Mixed Magic Theater & Cultural Events Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mixed Magic Theater & Cultural Events Inc
Mixed Magic Theater & Cultural Events Inc (EIN: 510456328) is a nonprofit organization based in Pawtucket, RI, classified under NTEE code A65. The organization reported total revenue of $209K and total assets of $99K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mixed Magic Theater & Cultural Events Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mixed Magic Theater & Cultural Events Inc is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $167K |
| Surplus / Deficit | $-54,279 |
| Total Assets | $102K |
| Net Assets | $102K |
| Operating Margin | -48.3% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2023, Mixed Magic Theater & Cultural Events Inc reported a deficit of $54K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Mixed Magic Theater & Cultural Events Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.8% | +28.6% | -34.6% |
| 2022 | -1.4% | -35.5% | +62.3% |
| 2021 | +230.0% | +310.9% | -8.0% |
| 2020 | -63.5% | -61.6% | +9.9% |
| 2019 | +9.0% | +10.7% | +47.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mixed Magic Theater & Cultural Events Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mixed Magic Theater & Cultural Events Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $54K, with expenses exceeding revenue.
Frequently Asked Questions about Mixed Magic Theater & Cultural Events Inc
Is Mixed Magic Theater & Cultural Events Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mixed Magic Theater & Cultural Events Inc (EIN: 510456328) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mixed Magic Theater & Cultural Events Inc spend its money?
Detailed spending breakdown data is not yet available for Mixed Magic Theater & Cultural Events Inc. Check back for updated IRS 990 analysis.
Are donations to Mixed Magic Theater & Cultural Events Inc tax-deductible?
Mixed Magic Theater & Cultural Events Inc is registered as a tax-exempt nonprofit (EIN: 510456328). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mixed Magic Theater & Cultural Events Inc located?
Mixed Magic Theater & Cultural Events Inc is headquartered in Pawtucket, Rhode Island and files with the IRS under EIN 510456328. It is classified under NTEE code A65.
How many years of IRS 990 filings does Mixed Magic Theater & Cultural Events Inc have?
Mixed Magic Theater & Cultural Events Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $209K in total revenue.
Filing History
IRS 990 filing history for Mixed Magic Theater & Cultural Events Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Mixed Magic Theater & Cultural Events Inc's revenue has grown by 22.7%, moving from $92K to $112K. Total assets increased by 1192% over the same period, from $8K to $102K. Total functional expenses rose by 67.6%, from $99K to $167K. In its most recent filing year (2023), Mixed Magic Theater & Cultural Events Inc reported a deficit of $54K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $112K | $167K | $102K | $0 | — | View 990 |
| 2022 | $190K | $130K | $157K | $0 | — | View 990 |
| 2021 | $193K | $201K | $97K | $0 | — | View 990 |
| 2020 | $58K | $49K | $105K | $0 | — | View 990 |
| 2019 | $160K | $127K | $96K | $0 | — | View 990 |
| 2018 | $147K | $115K | $65K | $2K | — | View 990 |
| 2017 | $106K | $99K | $34K | $2K | — | View 990 |
| 2016 | $67K | $79K | $30K | $6K | — | View 990 |
| 2015 | $75K | $79K | $35K | $47K | — | View 990 |
| 2014 | $83K | $84K | $32K | $39K | — | View 990 |
| 2013 | $137K | $125K | $20K | $26K | — | View 990 |
| 2012 | $92K | $99K | $8K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $112K, expenses of $167K, and assets of $102K (revenue -40.8% year-over-year).
- 2022: Revenue of $190K, expenses of $130K, and assets of $157K (revenue -1.4% year-over-year).
- 2021: Revenue of $193K, expenses of $201K, and assets of $97K (revenue +230.0% year-over-year).
- 2020: Revenue of $58K, expenses of $49K, and assets of $105K (revenue -63.5% year-over-year).
- 2019: Revenue of $160K, expenses of $127K, and assets of $96K (revenue +9.0% year-over-year).
- 2018: Revenue of $147K, expenses of $115K, and assets of $65K (revenue +37.8% year-over-year).
- 2017: Revenue of $106K, expenses of $99K, and assets of $34K (revenue +58.7% year-over-year).
- 2016: Revenue of $67K, expenses of $79K, and assets of $30K (revenue -10.2% year-over-year).
- 2015: Revenue of $75K, expenses of $79K, and assets of $35K (revenue -10.3% year-over-year).
- 2014: Revenue of $83K, expenses of $84K, and assets of $32K (revenue -39.3% year-over-year).
- 2013: Revenue of $137K, expenses of $125K, and assets of $20K (revenue +49.4% year-over-year).
- 2012: Revenue of $92K, expenses of $99K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mixed Magic Theater & Cultural Events Inc:
Data Sources and Methodology
This transparency report for Mixed Magic Theater & Cultural Events Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.