Magic Soccer Club Inc is located in Madison, WI. The organization was established in 1997. According to its NTEE Classification (N64) the organization is classified as: Soccer, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magic Soccer Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Magic Soccer Club Inc generated $97.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $129.5k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MAGIC SOCCER CLUB, INC. IS ORGANIZED TO DEVELOP AND TEACHSPORTSMANSHIP AND COMPETITION IN SOCCER FOR BOYS AND GIRLSOF ALL AGES, BUT PRIMARILY FOR THOSE BETWEEN THE AGES OF 6 AND 19.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Ruprecht President | 4 | $0 | |
Rico Saenz Vice President | 2 | $0 | |
Michelle Rudman Treasurer | 2 | $0 | |
Tonesia Schauer Secretary | 0.5 | $0 | |
Chris Bennett Member | 0.5 | $0 | |
Jack Williams Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $7,044 |
Total Program Service Revenue | $90,189 |
Membership dues | $0 |
Investment income | $98 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $97,331 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $60,749 |
Professional fees and other payments to independent contractors | $1,725 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $67,041 |
Total expenses | $129,515 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $87,449 |
Other assets | $0 |
Total assets | $87,449 |
Total liabilities | $0 |
Net assets or fund balances | $87,449 |