Arts, Culture & Humanities
(A520)
IRS Verified
DX Registered
990 on File
MAGIC HOUSE
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of The Magic House is to engage all children in hands-on learning experiences that spark imagination, pique curiosity, enhance creativity and develop problem-solving skills within a place of beauty, wonder, joy and magic.
Financial Overview — FY 2023
$11.6M
Total Revenue
$9.0M
Total Expenses
$29.6M
Net Assets
274
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.4%
Fundraising Efficiency
821.8%
Operating Reserve
39.44x
Liability-to-Asset
15.8%
Revenue Diversification
48.5%
Executive Compensation
$481K
Compared with Peers
FY 2023
Compared with 4,647 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.4% | 77.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.6% | 14.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.0% | 5.5% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
821.8% | 251.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
39.4 mo | 16.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
15.8% | 10.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
48.5% | 74.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
69.0% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.1% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
22.1% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $11.6M | $9.0M | $29.6M | 79.4% | 274 |
| 2022 | $6.8M | $8.1M | $25.6M | 78.0% | 264 |
| 2021 | $8.7M | $7.0M | N/A | — | 219 |
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