Magfest Inc
Beltsville, Maryland
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $133,153↓66% | $347,684↓61% | $1,861,525↑402% | |
| 2021 | $393,233↓83% | $895,919↓58% | $371,159↓58% | — |
| 2020 | $2,287,029↑35% | $2,119,775↑22% | $875,935↑25% | — |
| 2019 | $1,695,070↓6% | $1,736,868 | $703,021↓6% | — |
| 2018 | $1,799,350↑26% | $1,742,729↑11% | $746,025↑13% | — |
| 2017 | $1,424,210↑4% | $1,564,508↑53% | $661,616↓20% | — |
| 2016 | $1,364,312↑25% | $1,022,474↑29% | $830,065↑20% | — |
| 2015 | $1,088,861 | $793,038 | $689,038 | — |
Frequently Asked Questions
What does Magfest Inc do?▼
Magfest Inc is a arts, culture & humanities nonprofit organization based in Maryland. It is classified under NTEE code A31 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Magfest Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Magfest Inc has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Magfest Inc generate?▼
Magfest Inc reports $3.1M in annual revenue and holds $3.0M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Arts, Culture & Humanities category, or browse all nonprofits in Maryland.