Arts, Culture & Humanities (A65) IRS Verified DX Registered 990 on File

THE MAGIK THEATRE

EIN: 74-2707895 · SAN ANTONIO, TX 78205-3202 · United States · FY 2025 Data

3 out of 5 50 / 100 Based on 2+ years of filings

Financial strength (30%) 65/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 9/13/2026

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Financial Overview — FY 2025

$2.5M

Total Revenue

$2.4M

Total Expenses

$154K

Net Assets

110

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 71.2%

Fundraising Efficiency 144.8%

Operating Reserve 0.78x

Liability-to-Asset 71.0%

Revenue Diversification 53.4%

Executive Compensation $126K

Compared with Peers

FY 2025

Compared with 1,930 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2025.

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	71.2%	77.7%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	16.4%	14.2%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	12.4%	5.9%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	144.8%	302.5%	P10P90	Above median
Operating reserve Months of expenses covered by net assets · higher is better	0.8 mo	15.8 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	71.0%	11.4%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	53.4%	70.6%	P10P90	Top quarter
Revenue growth Year over year revenue growth	17.5%	7.9%	P10P90
Expense growth Year over year expense growth	-7.0%	5.4%	P10P90
Surplus margin Surplus as a share of revenue	4.6%	0.9%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$2.5M	$2.4M	$154K	71.2%	110
2024	$2.1M	$2.6M	$40K	74.8%	86
2023	$2.3M	$2.4M	$480K	72.0%	100
2022	$2.0M	$2.2M	$535K	73.4%	100
2021	$1.8M	$1.4M	N/A	—	74

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Organization Details

EIN: 74-2707895
State: TX
City: SAN ANTONIO
ZIP: 78205-3202
Classification: A65
Category: Arts, Culture & Humanities
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1994
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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