Overview
What is Open Heart Magic?
Open Heart Magic is a compassionate nonprofit organization based in Chicago, Illinois, with additional locations in Ann Arbor, Michigan, and Cleveland, Ohio. Their primary mission is to harness the therapeutic power of magic and laughter to uplift and strengthen seriously ill children in hospitals, aiding in their healing process. Their unique bedside magic performances, tailored to each child's age and abilities, provide a personalized and interactive experience, fostering participation, imagination, and self-confidence. Open Heart Magic supports children not only during one-time visits to the emergency room but also those undergoing long-term treatment for conditions such as pediatric cancer, diabetes, heart problems, and more. With a dedicated team of five employees, they bring joy and resilience to the lives of these young patients.
Official website here: www.openheartmagic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
Open Heart Magic has received a strong rating of 92% from Charity Navigator, reflecting its commitment to accountability and financial health. The organization scored particularly well in areas such as having a majority of independent board members and maintaining a solid liabilities-to-assets ratio. This rating highlights the effective governance and transparency practices that underpin its operations.
User reviews showcase overwhelming support for Open Heart Magic, with many praising its impactful mission of bringing joy to hospitalized children through magic performances. Volunteers express deep satisfaction with their experiences, emphasizing the rigorous training and dedication required to join the team. This commitment not only enhances the quality of interactions with the children but also ensures a reliable support system for families during challenging times.
While the organization shines in its financial and governance ratings, there are no noted limitations or criticisms in the available feedback. The overall sentiment from both users and evaluators is highly positive, reinforcing Open Heart Magic's reputation as a well-managed nonprofit making a significant difference in the lives of young patients.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Open Heart Magic legitimate?
Open Heart Magic is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Heart Magic 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,949
For more financial information, click here
Official website here: www.openheartmagic.org
What is the mission statement of Open Heart Magic?
Open Heart Magic's mission is to utilize the therapeutic power of magic and laughter to boost the spirits and aid in the healing process of seriously ill children in various hospitals. Their hospital magicians engage with young patients, using magic as a tool to encourage participation, stimulate imagination, and help these children discover their confidence and sense of mastery as they perform tricks for their doctors, families, and friends. Due to the personalized and interactive nature of their bedside magic performances, Open Heart Magic is able to cater to children of all ages, regardless of physical or developmental limitations. They offer support to children during both one-time ER visits and long-term treatments for conditions such as pediatric cancer, diabetes, heart problems, and more.
Official website here: www.openheartmagic.org
Who is the CEO of Open Heart Magic?
Michael Walton is the Founder And Executive Director of Open Heart Magic.
Official website here: www.openheartmagic.org
What is the revenue of Open Heart Magic?
Open Heart Magic's revenue in 2022 was $888,400.
Official website here: www.openheartmagic.org
Who are the executives of Open Heart Magic and what are their salaries?
The average compensation at Open Heart Magic during 2022 was $69,590. There are 5 employees and 22 volunteers at Open Heart Magic.
Here are 23 key members and their salaries:
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Official website here: www.openheartmagic.org
Where can I find the form 990 for Open Heart Magic?
Open Heart Magic's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openheartmagic.org
Learn more at the official website: www.openheartmagic.org
Mission Statement of Open Heart Magic
Open Heart Magic, a nonprofit organization, aims to utilize the therapeutic power of magic and laughter to invigorate and empower seriously ill children battling severe medical conditions in various hospitals. The mission of Open Heart Magic is to engage with young patients, employing magic as a tool to encourage participation, stimulate their imagination, and assist them in finding their confidence and sense of mastery as they execute tricks for their doctors, family, and friends. Due to the personalized and interactive nature of the bedside magic performances, Open Heart Magic is able to work with children of all ages, regardless of physical or developmental restrictions. The organization provides support to children in both short-term ER visits and long-term treatment for conditions such as pediatric cancer, childhood diabetes, heart problems, and more.
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Impact
October, 2024
Open Heart Magic harnesses the therapeutic power of magic to bring laughter and strength to seriously ill children. By providing personalized, one-on-one magic performances at patients' bedside, it creates an engaging and interactive experience that encourages participation and sparks imagination. This unique approach helps children find confidence and a sense of mastery as they learn to perform tricks for their doctors, family, and friends.
The program caters to children of all ages and accommodates various physical and developmental limitations, ensuring inclusivity for patients. It supports young individuals in transient ER visits as well as those undergoing long-term treatments for serious conditions like pediatric cancer, childhood diabetes, and heart problems. Through its initiatives, Open Heart Magic not only entertains but also fosters a healing atmosphere, positively impacting the emotional well-being and resilience of sick children in hospitals across Chicago, Ann Arbor, and Cleveland.
This information is meant to be a general summary of Open Heart Magic. 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.
- Investment Income: $5,417
- Program Service Revenue: $89,969
- Gross Receipts: $952,785
Assets and Liabilities:
- Total Assets: $1,299,686
- Total Liabilities: $390,838
- Net Assets: $908,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Hospital Program Fees
Revenue
$89,969
Organization Details
Founding Year
2004
Phone
(312) 624-8079Principal Officer
Michael Walton
Main Address
67 East Madison Street Suite 1504, Chicago, IL, 60603
Website
www.openheartmagic.orgNTEE Category
Code: P50 - Human services
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