Magic Woods Inc in Pittsburgh, Pennsylvania (PA)
Table of contents:
| Magic Woods Inc | |
| Employer Identification Number (EIN) | 251886298 |
| Name of Organization | Magic Woods Inc |
| In Care of Name | Matthew Craig |
| Address | 436 7th Ave Ste 2210, Pittsburgh, PA 15219-1818 |
| Subsection | Educational Organization |
| Ruling Date | 10/2001 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $8,070 |
| Amount of Income | $5,049 |
| Form 990 Revenue Amount | $5,049 |
| National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Television |
Non-representatives - add comments:
Amount of income in 2013: $5,049 (it was $18,353 in 2012)
| Magic Woods Inc: | $5,049 |
| Other organizations performing similar types of work: | $179,046 |
Assets in 2013: $8,070 (it was $17,510 in 2012)
| This organization: | $8,070 |
| Other organizations performing similar types of work: | $160,322 |
Expenses in 2013: $13,077
| This organization: | $13,077 |
| Other organizations performing similar types of work: | $172,462 |
Income to expenses ratio in 2013: 0.4
| This organization: | 0.4 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 0.0%
| This organization: | 0.0% |
| Other organizations performing similar types of work: | 61.2% |
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $7,227 | $8,281 | $18,353 | $5,049 |
| Contributions, gifts, grants, and similar amounts received | $5,000 | $5,000 | $17,500 | $0 |
| Program service revenue including government fees and contracts | $2,227 | $3,281 | $853 | $5,049 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $12,445 | $3,024 | $8,933 | $13,077 |
| Total net assets | $2,833 | $8,090 | $17,510 | $8,070 |
| Excess/Deficit for the year | $-5,218 | $5,257 | $9,420 | $-8,028 |
| Net assets or fund balances at beginning of year | $8,051 | $2,833 | $8,090 | $16,098 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $17,510 | $9,482 | ||
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $2,833 | $8,090 | $17,510 | $8,070 |
| Total liabilities | $0 | $0 | $0 | $0 |
| Net assets or fund balances | $2,833 | $8,090 | $17,510 | $8,070 |
| Other Information | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | ||
| Were any significant changes made to the organizing or governing documents? | No | No | ||
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | ||
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | ||
| Amount of political expenditures, direct or indirect | $0 | $0 | ||
| Did the organization file Form 1120-POL for this year? | No | No | ||
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | ||
| Total amount involved | $0 | $0 | ||
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | ||
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | ||
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $57,454 |
| Subtotal | $57,454 |
| Gifts, grants, contributions, and membership fees received | $32,650 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $24,804 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $57,454 |
| Public support | $57,454 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Wnet | 825 8th Ave Fl 14, New York, NY 10019-7416 | NY | 2009-03 | $49,063,533 |
| 2 | Storycorps Inc | 80 Hanson Pl Ste 2, Brooklyn, NY 11217-2998 | NY | 1994-08 | $7,663,115 |
| 3 | Universal Communications Network Inc, Universal Communications Network Ny | 229 W 28th St Fl 7, New York, NY 10001-5915 | NY | 2002-02 | $5,801,275 |
| 4 | Bamyan Media | 555 Thirteenth St Nw, Washington, DC 20004-1109 | DC | 2014-06 | $2,056,702 |
| 5 | Delaware Valley Educational Television Network, Dvetn | 5600 City Ave, Philadelphia, PA 19131-1308 | PA | 2009-10 | $1,650,612 |
| 6 | Hersheys Mill Community-Tv, Hmc-Tv | 20 Hersheys Dr, West Chester, PA 19380-6831 | PA | 1995-05 | $200,673 |
| 7 | Radnor Studio 21 Inc | 301 Iven Ave, Wayne, PA 19087-5204 | PA | 2001-06 | $178,261 |
| 8 | Electric City Television | 114 Wyoming Ave, Scranton, PA 18503-2020 | PA | 2009-04 | $46,231 |
| 9 | Lower Merion & Narberth Public Access Television | Po Box 428, Wynnewood, PA 19096 | PA | 2006-09 | $14,767 |
| 10 | West Newton Community Television | 104 N 2nd St, West Newton, PA 15089-1528 | PA | 2004-08 | $8,093 |
| 11 | Magic Woods Inc | 436 7th Ave Ste 2210, Pittsburgh, PA 15219-1818 | PA | 2001-10 | $5,049 |
| 12 | Christina Pirello Health Education Initi | 243 Dickinson Street, Philadelphia, PA 19147 | PA | 2009-05 | $0 |
| 13 | Community Active Partners Inc | 123 Butternut Ln, Clarks Summit, PA 18411 | PA | 2003-04 | $0 |
| 14 | Lancaster Community Television | 252 North Queen Street, Lancaster, PA 17603 | PA | 2012-12 | $0 |
| 15 | Lycoming County Area Television Inc | 2501 E 3rd St, Williamsport, PA 17701-4007 | PA | 2014-07 | $0 |
| 16 | Morris Broadcasting & Communications Inc | 105 Creamery Road, Boiling Springs, PA 17007 | PA | 2006-04 | $0 |
| 17 | Pennsylvania Digital Media Foundation | 917 Capital St, Harrisburg, PA 17102-2068 | PA | 2008-11 | $0 |
| 18 | Philadelphia Women In Film And Television | 109 S 13th St Ste 119a, Philadelphia, PA 19107 | PA | 2013-12 | $0 |
| 19 | Scranton Today Community Accesstelevision, Tv 61 | 500 Vine St, Scranton, PA 18509-3205 | PA | 2006-11 | $0 |
| 20 | The Amazing Grays | 1217 Southview Dr, Erie, PA 16509 | PA | 2001-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 502 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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