Overview
What is Magic Box Productions Inc?
Magic Box Productions Inc, based in Pleasville, New York, is a distinguished nonprofit organization that specializes in media workshops. Their mission is to bridge the digital divide, offering opportunities for creative expression, community, and cultural connections, while providing access to innovative technologies. Through their instructors and curriculum, they have significantly enhanced the technological skills and confidence of over 18,000 students, teachers, and parents in the New York City area. With a dedicated team of five individuals, Magic Box Productions Inc is committed to enriching lives and fostering a deeper understanding of the world through visual arts and media.
Official website here: www magicboxproductions org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Magic Box Productions Inc has received a Two-Star rating, indicating a moderate level of accountability and finance management. The organization demonstrates strengths in governance, with a fully independent board and no material diversion of assets. Additionally, the program expense ratio is notably high at 79.70%, reflecting a strong commitment to programmatic spending.
However, the ratings also highlight areas for improvement. The organization lacks a whistleblower policy and a document retention and destruction policy, which contributed negatively to their overall accountability score. While the financial health of the organization appears stable, with a low liabilities to assets ratio of 0.27%, enhancing transparency and adherence to best practices in governance could further strengthen stakeholder confidence.
Overall, while Magic Box Productions Inc exhibits positive aspects in governance and program spending, addressing its policy gaps will be crucial for improving its ratings and demonstrating a commitment to accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Magic Box Productions Inc legitimate?
Magic Box Productions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magic Box Productions Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,618
For more financial information, click here
Official website here: www magicboxproductions org
What is the mission statement of Magic Box Productions Inc?
Magic Box Productions Inc's mission is centered around delivering exceptional media workshops. The organization strives to bridge the digital divide by offering opportunities for creative expression, fostering community and cultural connections, and providing access to new technologies. This is achieved for over 18,000 students, teachers, and parents in the New York City area. Through its instructors and curriculum, the program has strengthened the skills and confidence of these individuals in utilizing technology to express themselves and explore the world through visual arts and media.
Official website here: www magicboxproductions org
Who is the CEO of Magic Box Productions Inc?
Nelle Stokes is the Trustee of Magic Box Productions Inc.
Official website here: www magicboxproductions org
What is the revenue of Magic Box Productions Inc?
Magic Box Productions Inc's revenue in 2022 was $502,272.
Official website here: www magicboxproductions org
Who are the executives of Magic Box Productions Inc and what are their salaries?
The average compensation at Magic Box Productions Inc during 2022 was $37,724. There are 5 employees at Magic Box Productions Inc.
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Official website here: www magicboxproductions org
Where can I find the form 990 for Magic Box Productions Inc?
Magic Box Productions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www magicboxproductions org
Learn more at the official website: www magicboxproductions org
Mission Statement of Magic Box Productions Inc
Magic Box Productions Inc, an organization dedicated to bridging the digital divide, carries out exemplary media workshops. Their primary mission is to offer opportunities for creative expression, foster community and cultural connections, and provide access to new technologies. This mission is executed by engaging over 18,000 students, teachers, and parents in the New York City area. Through their workshops, the organization strengthens the skills and confidence of participants in utilizing technology to express themselves and explore the world through visual arts and media. By doing so, Magic Box Productions Inc plays a significant role in empowering individuals to navigate the digital landscape, thereby bridging the gap between those who have access to technology and those who do not.
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Impact
July, 2024
Magic Box Productions Inc's impact is profound in bridging the digital divide among students in the New York City area. Through exemplary media workshops, the organization empowers over 18,000 students, teachers, and parents by providing opportunities for creative expression, community and cultural connections, and access to new technologies. By strengthening the skills and confidence of participants in utilizing technology for visual arts and media, Magic Box Productions Inc is instrumental in helping individuals express themselves and explore the world through innovative means. This impactful work contributes significantly to youth development and empowerment in the community.
This information is meant to be a general summary of Magic Box Productions Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $260,646
- Gross Receipts: $502,272
Assets and Liabilities:
- Total Assets: $321,180
- Total Liabilities: $879
- Net Assets: $320,301
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEACHING INCOME
Revenue
$219,232
VIDEO PRODUCTIION
Revenue
$41,414
Organization Details
Founding Year
2005
Phone
(914) 747-0256Principal Officer
Nelle Stokes
Main Address
444 BEDFORD ROAD, PLEASANTVILLE, NY, 10570
Website
www magicboxproductions orgNTEE Category
Code: O50 - Youth development
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