THE MAGIC HOUSE (EIN 510138441) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

ELIZABETH FITZGERALD

Phone

3148228900

Tax Period

2024-01-01 to 2024-12-31

THE MAGIC HOUSE, founded in 1975, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $10.8M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $9.4M left a modest 13% surplus.

Mission

PROVIDE CHILDREN WITH HANDS-ON LEARNING EXPERIENCES IN A UNIQUE EDUCATIONAL ENVIRONMENT

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,625,676

Program Service Revenue $4,988,943

Investment Income $496,335

Other Revenue $722,504

TOTAL REVENUE $10,833,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,339,303

Fundraising Expenses $435,655

Program Expenses $7,445,443

Other Expenses $4,041,258

TOTAL EXPENSES $9,380,561

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,833,458	$11,551,334	-0.1%
Expenses	$9,380,561	$9,001,037	+0.0%
Net Income	$1,452,897	$2,550,297	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

251

Volunteers

210

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$513,061

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH FITZGERALD	PRESIDENT	40.00	Officer	$289,869	$23,851	$313,720
CHERYL DARR	CFO	40.00	Officer	$181,985	$17,356	$199,341
PAULA BURDGE	COO	40.00	Highest	$122,639	$13,831	$136,470
ELIZABETH HARTMAN	DIRECTOR OF HR	40.00	Highest	$109,077	$13,381	$122,458
VICKI PECKRON	DIRECTOR OF DEVELOPMENT	40.00	Highest	$108,895	$12,049	$120,944
TIM NEY	CHAIR	1.00	Officer Director	$0	$0	$0
LINDA HUNTER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
GENE TOOMBS IV	VICE CHAIR	1.00	Officer Director	$0	$0	$0
QUINN KILEY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOHN DREXLER	TREASURER	1.00	Officer Director	$0	$0	$0
BRENDA MCKEE	SECRETARY	1.00	Officer Director	$0	$0	$0
ALEX LEE	PAST CHAIR	1.00	Officer Director	$0	$0	$0
SARAH BOWMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN DELANEY	BOARD MEMBER	1.00	Director	$0	$0	$0
CLAIRE DAVID	BOARD MEMBER	1.00	Director	$0	$0	$0
RAHUL DESHPANDE	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE GRABOW	BOARD MEMBER	1.00	Director	$0	$0	$0
HENRY GRAHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL HALL	BOARD MEMBER	1.00	Director	$0	$0	$0
SHARONICA HARDIN-BARTLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
SALVADOR HERNANDEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
COURTNEY HILL	BOARD MEMBER (THRU 8/24)	1.00	Director	$0	$0	$0
KIMBERLY HODGE-BELL	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON KOHUT	BOARD MEMBER	1.00	Director	$0	$0	$0
MANSOOR MAHMOOD	BOARD MEMBER	1.00	Director	$0	$0	$0
MELISSA MARKWORT	BOARD MEMBER	1.00	Director	$0	$0	$0
PAISLEY MATTHEWS	BOARD MEMBER	1.00	Director	$0	$0	$0
TIMOTHY MCLAUGHLIN	BOARD MEMBER	1.00	Director	$0	$0	$0
SARA MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE O'LOUGHLIN	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA POTTS	BOARD MEMBER	1.00	Director	$0	$0	$0
SEKAR PRABHAKER	BOARD MEMBER (THRU 8/24)	1.00	Director	$0	$0	$0
BEVERLY PROPST	BOARD MEMBER (THRU 8/24)	1.00	Director	$0	$0	$0
CAROLINE SAUNDERS	BOARD MEMBER (THRU 8/24)	1.00	Director	$0	$0	$0
CARRIE SCHAFER	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY SCHNETTGOECKE	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN SHEEHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIEL SHLIEN	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW SMOLICK	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY STEWARD	BOARD MEMBER	1.00	Director	$0	$0	$0
MINI TANDON	BOARD MEMBER	1.00	Director	$0	$0	$0
GWENDOLYN TAYLOR	BOARD MEMBER	1.00	Director	$0	$0	$0
SUMMIT VERMA	BOARD MEMBER (THRU 8/24)	1.00	Director	$0	$0	$0
JESSICA WILLINGHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL ZAMBRANA	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$10,833,458	$9,380,561	$36,899,027	$1,452,897
2023	$11,551,334	$9,001,037	$35,129,818	$2,550,297
2022	$6,836,049	$8,099,367	$30,033,443	$-1,263,318
2021	$8,688,118	$7,032,832	$33,104,106	$1,655,286
2020	$5,439,625	$6,579,050	$30,435,074	$-1,139,425
2019	$8,799,467	$7,728,868	$32,407,890	$1,070,599
2018	$7,687,958	$6,978,905	$31,276,815	$709,053

THE MAGIC HOUSE