Magic City Theatre On Ice is located in Pelham, AL. The organization was established in 2019. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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 City Theatre On Ice 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 12/2021, Magic City Theatre On Ice generated $119.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $116.3k during the year ending 12/2021. While expenses have increased by 12.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
THEATRE ON ICE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Sanders Director | 15 | $9,101 | |
Anita Saxena Director | 20 | $10,904 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,161 |
| Total Program Service Revenue | $51,120 |
| Membership dues | $50,321 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,602 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,394 |
| Professional fees and other payments to independent contractors | $15,788 |
| Occupancy, rent, utilities, and maintenance | $30,733 |
| Printing, publications, postage, and shipping | $821 |
| Other expenses | $38,602 |
| Total expenses | $116,338 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,450 |
| Other assets | $0 |
| Total assets | $8,652 |
| Total liabilities | $5,749 |
| Net assets or fund balances | $2,903 |