DEMOGRAPHIC
ADDRESS
3617 OCEAN FRONT WALK APT F
92109
COUNTY
san diego county, CA
IN CARE OF NAME
JOSEPH AUSTIN
ORGANIZATIONAL OVERVIEW & RANKINGS
MAG FOUNDATION is a based in SAN DIEGO, CA, focused on Arts, Culture and Humanities causes , specifically Arts Education. Established in February 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $2,498,852.00, this ranks 134,164 among 2,656,690 nonprofits nationally (Top 6%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 14,020 out of 275,729 organizations in CA (Top 6%).
In san diego county, CA, the organization ranks 1,048 out of 22,587 nonprofits by assets (Top 5%), while locally in san diego, it stands at 605 among 10,132 organizations (Top 6%).
The organization reported no revenue in the most recent filing period, placing it at 1,914,283 nationally and 190,729 in CA.
Within its specific NTEE classification (A25 - A: Arts, Culture and Humanities), which includes 5,943 similar organizations, MAG FOUNDATION ranks 81 in assets (Top 2%) and 4,746 in revenue (Top 80%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A25: Arts Education
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,458,181.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2024
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,498,852.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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