Nonprofit screen
Screen a listMagfest 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)(2)
$3.1Mrevenue
FY2024 · +680% in 3 yrs7staff
7 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin15.2%
Months of reserve13.4mo
Revenue growth (annualized)+11.6%
Middle half of peersMedianMagfest
Where the money goes FY2024 · $2.6M spent
Programs$2.5M94%Management and general$147k6%990 FY2024 · Part IX line 25
Worth checking1
No return on record for FY2023
It filed for FY2022 and FY2024, with nothing on record in between.
IRS 990 e-file recordsIn its favor1
Growing faster than peers
Revenue up 12% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort5funders
$2ka year, last 3 years
60%from its largest funder
Funder’20’21’22’23The Buchanan Family FoundationOn and off$3kThe Yelp FoundationOn and off$100Donor-advised giftsDonors not disclosed$539$936$872$220
FundedThrough a donor-advised fund