DEMOGRAPHIC
ADDRESS
10820 HANNA ST STE C
20705
COUNTY
prince georges county, MD
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGFEST INC is a based in BELTSVILLE, MD, focused on Arts, Culture and Humanities causes , specifically Film, Video. Established in June 2015, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,861,525.00, this ranks 156,849 among 2,656,690 nonprofits nationally (Top 6%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 3,254 out of 58,073 organizations in MD (Top 6%).
In prince georges county, MD, the organization ranks 243 out of 10,104 nonprofits by assets (Top 3%), while locally in beltsville, it stands at 10 among 346 organizations (Top 3%).
The organization reported annual revenue of $133,153.00, ranking 348,890 nationally (Top 14%) and 7,202 in MD (Top 13%).
Within its specific NTEE classification (A31 - A: Arts, Culture and Humanities), which includes 2,473 similar organizations, MAGFEST INC ranks 53 in assets (Top 3%) and 310 in revenue (Top 13%).
The organization files a 990 (all other) or 990EZ return and operates on a May 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
A31: Film, Video
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2022
ACCOUNTING PERIOD
06
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$133,153.00
FORM 990 REVENUE AMOUNT
$133,153.00
RULING DATE
06/2015
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,861,525.00
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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