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Nonprofit · EIN 84-3576596

MAGIC MUSIC CHARITABLE FOUNDATION

Tax-exempt · DALLAS, TX 75379

Financials

$190K$190K2023$145K$145K2024
Revenue Expenses · by fiscal year end
Financials of MAGIC MUSIC CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$145,272$145,254$18$18$0$18
December 31, 2023990-EZ$189,710$189,710$0$0–$0
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$145,272

Expenses

Grants and similar amounts paid
$127,576
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$951
Occupancy
$274
Printing, publications and postage
$75
Other expenses
$16,378
Program services (functional)
$145,254

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$18
Total liabilities, end of year
$0
Net assets, end of year
$18
Cash, savings and investments
$18
Gross receipts
$145,272

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CAROL DOREMUSSECRETARY10$0
ALAN WAINSTEINPRESIDENT20$0
THOM CHRISTIANSENTREASURER5$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
CAROL DOREMUSSECRETARY10$0
ALAN WAINSTEINPRESIDENT20$0
THOM CHRISTIANSENTREASURER5$0

Address and contacts

Address (IRS master file)
PO BOX 793398, DALLAS, TX 75379-3398
In care of
% ALAN WAINSTEIN
Mailing address (990-N for 2019)
5995 Summerside Dr 793398, Dallas TX 75248
Principal officer (990-N for 2019)
Alan Wainstein, PO Box 793398, Dallas TX 75379
Signed the 990-EZ
ALAN WAINSTEIN, PRESIDENT
Phone
(214) 641-3626
Return prepared by
COOK JOHNSTON & CO CPAS

Mission

THE MISSION AND PURPOSE OF THE MAGIC MUSIC CHARITABLE FOUNDATION IS TO CREATE SCHOLARSHIPS TO PROVIDE MUSIC LESSONS AND INSTRUMENTS TO UNDERPRIVILEGED MUSIC STUDENTS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE MAGIC MUSIC CHARITABLE FOUNDATION MAKES SCHOLORSHIPS AVAILABLE (IN THE FORM OF GRANTS/FUNDS, MUSIC INSTRUMENTS, AND MUSIC LESSONS) TO ASSIST MUSIC STUDENTS IN ACQUIRING A MUSIC EDUCATION THROUGH ANY MUSIC TEACHER AND ACQUIRING INSTRUMENTS THROUGH ANY MUSIC DEALER AROUND THE WORLD.
    Expenses $145,254 · grants $145,272

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
84-3576596
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$18
Income (IRS master file)
$145,272

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$145,272$145,254$18XML
990-EZDecember 2023$189,710$189,710$0XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2019
Officer: Alan Wainstein
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-3576596).

Questions about MAGIC MUSIC CHARITABLE FOUNDATION

What is the EIN of MAGIC MUSIC CHARITABLE FOUNDATION?
The employer identification number (EIN) of MAGIC MUSIC CHARITABLE FOUNDATION is 84-3576596.
Is MAGIC MUSIC CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to MAGIC MUSIC CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAGIC MUSIC CHARITABLE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MAGIC MUSIC CHARITABLE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAGIC MUSIC CHARITABLE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of MAGIC MUSIC CHARITABLE FOUNDATION?
The 990-N for 2019 names Alan Wainstein.
Who are the officers and directors of MAGIC MUSIC CHARITABLE FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MAGIC MUSIC CHARITABLE FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $145,272, expenses of $145,254 and total assets of $18 at year end.

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