Society of American Magicians Parent Assembly No 1 Inc is a 501(c)(10) organization based in Middletown, Connecticut, registered in 1985, with $60,060 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$60K
▲ 115.8% vs prior year
Expenses (FY2024)
$9,854
Net assets
$725K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Society of American Magicians Parent Assembly No 1 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Society of American Magicians Parent Assembly No 1 Inc: 883 mo reserves · +84% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Society of American Magicians Parent Assembly No 1 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Society of American Magicians Parent Assembly No 1 Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $11K (FY2010) to $60K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
83.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$725K
Total liabilities
$0
Net assets
$725K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $60,060▲116% | $9,854▼15.1% | $724,918▲10.7% | $724,918▲10.7% | 990 |
| 2023 | $27,830▲10.4% | $11,610▼7.3% | $654,851▲15.9% | $654,851▲15.9% | 990 |
| 2022 | $25,197▼16.5% | $12,528▲33.8% | $565,119▲0.6% | $565,119▲0.6% | 990 |
| 2021 | $30,175▲79.7% | $9,361▲70.0% | $561,985▼6.7% | $561,985▼6.7% | 990 |
| 2020 | $16,792▼15.3% | $5,508▼33.9% | $602,470▲17.0% | $602,470▲17.0% | 990 |
| 2019 | $19,827▼37.2% | $8,338▼29.2% | $514,814▲3.0% | $514,814▲3.0% | 990 |
| 2018 | $31,571▲49.2% | $11,778▲23.5% | $499,811▲1.7% | $499,811▲1.7% | 990EZ |
| 2017 | $21,161▼2.8% | $9,537▼9.6% | $491,402▲4.6% | $491,402▲4.6% | 990EZ |
| 2016 | $21,762▲360% | $10,547▼32.9% | $469,865▲8.8% | $469,865▲8.8% | 990EZ |
| 2015 | $4,736▼76.8% | $15,716▼27.8% | $431,731▼0.9% | $431,731▼0.9% | 990 |
| 2014 | $20,421▼10.8% | $21,775▼13.0% | $435,744▼3.0% | $435,744▼3.0% | 990EZ |
| 2013 | $22,896▲0.8% | $25,019▼9.6% | $449,273▼1.8% | $449,273▼1.8% | 990EZ |
| 2012 | $22,704▲343% | $27,684▲106% | $457,612▼1.1% | $457,612▼1.1% | 990EZ |
| 2011 | $5,127▼51.4% | $13,463▲4.8% | $462,592▼1.8% | $462,592▼1.8% | 990EZ |
| 2010 | $10,542 | $12,843 | $470,928 | $470,928 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Society of American Magicians Parent Assembly No 1 Inc (EIN 13-6144414) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.