Chicago, IL
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)OPEN HEART MAGIC, founded in 2004, is a small nonprofit in the Human Services sector that reported $974K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $918K left a modest 6% surplus.
The mission of Open Heart Magic is to use the therapeutic power of magic and laughter to energize and strengthen seriously ill children in Chicago, IL, Ann Arbor, MI and Cleveland, OH area hospitals and aid their healing.
OPEN HEART MAGIC'S LONG STANDING PROGRAM PROVIDES THERAPEUTIC MAGIC, ONE-ON-ONE, AT A PATIENT'S BEDSIDE TO BRING LAUGHTER AND STRENGTH TO SICK KIDS FACING SERIOUS MEDICAL CONDITIONS. OUR HOSPITAL...
OPEN HEART MAGIC'S LONG STANDING PROGRAM PROVIDES THERAPEUTIC MAGIC, ONE-ON-ONE, AT A PATIENT'S BEDSIDE TO BRING LAUGHTER AND STRENGTH TO SICK KIDS FACING SERIOUS MEDICAL CONDITIONS. OUR HOSPITAL MAGICIANS WORK WITH YOUNG PATIENTS, USING MAGIC AS A MEANS TO ENCOURAGE PARTICIPATION, ENGAGE THE IMAGINATION, AND HELP THESE KIDS FIND THEIR OWN SENSE OF CONFIDENCE AND MASTERY AS THEY LEARN TO PERFORM TRICKS FOR THEIR DOCTORS, FAMILY, AND FRIENDS. BECAUSE OUR BEDSIDE MAGIC PERFORMANCES ARE PERSONALIZED AND INTERACTIVE, WE'RE ABLE TO WORK WITH KIDS OF ALL AGES, REGARDLES OF PHYSICAL OR DEVELOPMENTAL RESTRICTIONS. WE OFFER SUPPORT TO KIDS WHO ARE IN A ONE TIME ER VISIT, AS WELL AS PATIENTS UNDERGOING LONG-TERM TREATMENT FOR CONDITIONS SUCH AS PEDICATRIC CANCER, CHILDHOOD DIABETES, HEART PROBLEMS, AND MORE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $973,631 | $874,846 | +0.1% |
| Expenses | $917,890 | $864,722 | +0.1% |
| Net Income | $55,741 | $10,124 | +4.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michael Walton | Founder and Executive Director | 40 |
Officer
Director
Key Emp
|
$150,750 | $0 | $150,750 |
| Sean McCarthy | Chair of the Executive Committee | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Kyle Furry | Treasurer | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Bob Driscoll | Secretary | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Jake Hagelow | Director | 2 |
Director
|
$0 | $0 | $0 |
| Katie Snider | Director | 2 |
Director
|
$0 | $0 | $0 |
| Christing Gravel Lippoldt | Director | 2 |
Director
|
$0 | $0 | $0 |
| Katy Pinter | Director | 2 |
Director
|
$0 | $0 | $0 |
| Leslie Malysiak | Director | 2 |
Director
|
$0 | $0 | $0 |
| Katy Leoni | Director | 2 |
Director
|
$0 | $0 | $0 |
| Maureen Lesak | Director | 2 |
Director
|
$0 | $0 | $0 |
| Michael Hoehne | Director | 2 |
Director
|
$0 | $0 | $0 |
| Ankit Agrawal | Director | 2 |
Director
|
$0 | $0 | $0 |
| Nader Salah | Director | 2 |
Director
|
$0 | $0 | $0 |
| Randy Scheuneman | Director | 2 |
Director
|
$0 | $0 | $0 |
| Renee Grimm | Director | 2 |
Director
|
$0 | $0 | $0 |
| Ryan Walsh | Director | 2 |
Director
|
$0 | $0 | $0 |
| Scott Smith | Director | 2 |
Director
|
$0 | $0 | $0 |
| Andrew Denenberg | Director | 2 |
Director
|
$0 | $0 | $0 |
| Sue Walton | Director | 2 |
Director
|
$0 | $0 | $0 |
| Temitope Sadiku | Director | 2 |
Director
|
$0 | $0 | $0 |
| Hilary Goldin Parker | Director | 2 |
Director
|
$0 | $0 | $0 |
| Sara Murphy | Director | 2 |
Director
|
$0 | $0 | $0 |
| Mark Passerini | Director | 2 |
Director
|
$0 | $0 | $0 |
| Clay Foster | Director | 2 |
Director
|
$0 | $0 | $0 |
| Rory Walsh | Director | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $973,631 | $917,890 | $1,273,937 | $55,741 |
| 2023 | $874,846 | $864,722 | $1,286,274 | $10,124 |
| 2022 | $888,400 | $807,234 | $1,299,686 | $81,166 |
| 2021 | $701,813 | $517,121 | $917,738 | $184,692 |
| 2020 | $470,207 | $503,582 | $815,354 | $-33,375 |
| 2019 | $820,502 | $749,566 | $794,246 | $70,936 |
| 2018 | $745,038 | $605,565 | $693,632 | $139,473 |
Compare OPEN HEART MAGIC with other nonprofits in Illinois and across the country.