MAGIC CITY OPTIMISTS
OMAHA,
Nebraska,
68102
EIN: 86-2553086
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
Mission: By providing hope and positive vision, Optimists bring out the best in youth, our communities, and ourselves.--a volunteer organization that values all young people and helps them to develop their full potential.
DEMOGRAPHIC
ADDRESS
900 FARNAM ST APT 612
68102
COUNTY
douglas county, NE
IN CARE OF NAME
DAVID CATALAN
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGIC CITY OPTIMISTS is a based in OMAHA, NE, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in June 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,489,578 among 2,656,690 nonprofits nationally (Top 94%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 16,730 out of 19,625 organizations in NE (Top 86%).
In douglas county, NE, the organization ranks 4,731 out of 4,927 nonprofits by assets (Top 96%), while locally in omaha, it stands at 4,561 among 4,631 organizations (Top 99%).
The organization reported no revenue in the most recent filing period, placing it at 2,213,752 nationally and 16,668 in NE.
Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, MAGIC CITY OPTIMISTS ranks 9,506 in assets (Top 83%) and 9,208 in revenue (Top 81%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year 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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T50: Philanthropy, Charity, Voluntarism Promotion, General
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
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
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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