Nonprofit screen
Screen a listMag America Inc
Can you give?
Listed with the IRS, but California flags it.
Check its California registration before you grant.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(1)
$77Mrevenue
FY2024 · +45% in 3 yrs7staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−0.3%
Months of reserve0.1mo
Revenue growth (annualized)+17.6%
Middle half of peersMedianMag America
Where the money goes FY2024 · $78M spent
Programs$76M98%Management and general$1.0M1%Fundraising$283k0%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$746k in FY2022 and −$196k in FY2024. Cash covers 0.1 months, under the peer median of 1.7.
990 Part I and balance sheetIn its favor3
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 18% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 96% of revenue in FY2024. $518M is traced federal awards from Department of State.
990 Part VIII · USAspending19funders
$1.4Ma year, last 3 years
68%from its largest funder
Funder’17’18’19’20’21’22’23Caerus Foundation IncSince FY2019$1.0M$966k$825k$1.0M$1.0MThe Freeman FoundationNew in FY2023$1.2MCarlson Family FoundationStopped after FY2021$20k$30k$30k$37k–Iara Lee and George Gund III FoundationOn and off$20kFranklin Philanthropic FoundationSince FY2020$4k$4k$3k$3kMichael Dunitz Crisis FoundationOn and off$1k$1kDonor-advised giftsDonors not disclosed$25k$13k$27k$29k$14k$22k6 other fundersUp to $500 a year each$512$700$600$500$260$500
FundedThrough a donor-advised fundStopped