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Magfest Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461086258 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Magfest Inc?

Magfest Inc, a nonprofit organization based in Baltimore, Maryland, is renowned for its annual winter music and gaming festival. The event showcases a vast library of historic gaming content, ranging from console and arcade exhibits to non-electronic displays, spanning from 1971 to the present. Magfest offers a unique opportunity for attendees to immerse themselves in gaming history. The festival also showcases video games developed by independent developers, providing a platform for showcasing their achievements. Moreover, Magfest features live performances inspired by or arranged from video game music, preserving the art-form and fostering appreciation. Magfest's programming includes industrial education presentations, serving as an alternative to commercial video game industry exhibitions. Its primary mission is to educate the public about video game music, art, and history, promote public appreciation, and undertake charitable projects consistent with Section 501(C)(3) of the IRS Code and applicable state law.


Official website here: www.magfest.org

Is Magfest Inc legitimate?

Magfest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magfest 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: $10,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,281

For more financial information, click here


Official website here: www.magfest.org

What is the mission statement of Magfest Inc?

Magfest Inc's mission is centered around educating the public about video game music, art, and history. The organization aims to foster public appreciation for these aspects of video games. Magfest Inc also engages in charitable projects, programs, and activities that align with the guidelines of Section 501(C)(3) of the IRS Code and applicable state law. Their flagship event, Magfest, held annually, offers attendees an immersive experience into gaming history. The event features exhibits of historical gaming content, showcases independent developer's video games, and hosts performances inspired by video game music. Magfest also provides educational presentations and programming, serving as an alternative to for-profit video game industry exhibitions. The primary objective of Magfest is to offer a platform where attendees can learn about the history and culture of gaming.


Official website here: www.magfest.org

Who is the CEO of Magfest Inc?

Debra R Lenik is the President of Magfest Inc.


Official website here: www.magfest.org

What is the revenue of Magfest Inc?

Magfest Inc's revenue in 2022 was $133,153.


Official website here: www.magfest.org

Who are the executives of Magfest Inc and what are their salaries?


Here are 5 key members and their salaries:


Carrie Snyder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Williams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Ralls (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Poch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Rose Lenik (Interim Executive Director)
  • Compensation: $10,000
  • Related: $0
  • Other: $0


Official website here: www.magfest.org

Where can I find the form 990 for Magfest Inc?

Magfest Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.magfest.org

Learn more at the official website: www.magfest.org

Mission Statement of Magfest Inc

Magfest Inc, a nonprofit organization, is dedicated to enlightening the public about the rich history, art, and music associated with video games. Its mission is multifaceted, aiming to promote public appreciation for these elements and undertake various charitable projects that align with Section 501(C)(3) of the IRS Code and applicable state law.

At the heart of Magfest Inc's activities is its flagship event, an annual winter festival. This event offers attendees a unique opportunity to immerse themselves in gaming history, with a vast library of historical gaming content spanning from the 1970s to the present. Magfest also showcases independent game developers, providing a platform for them to showcase their creations and accomplishments.

Furthermore, Magfest features performances inspired by or arranged from video game music. These performances serve to preserve the art form of video game music and foster a greater appreciation for it. Additionally, Magfest offers a comprehensive schedule of programming, including industrial education presentations, catering to the learning needs of its attendees.

Magfest was established as an alternative to for-profit video game industry exhibitions, which primarily function as advertising platforms. Instead, Magfest provides a venue where individuals can gain a deeper understanding of gaming history and culture, promoting public appreciation for this vibrant and evolving field.

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Impact




October, 2024

MAGFest Inc plays a pivotal role in the appreciation and education of video game music, art, and history. Its flagship event, held annually, serves as a unique gathering for enthusiasts who want to dive deep into the rich tapestry of gaming culture. By showcasing a vast library of historic gaming content that spans from 1971 to the present, MAGFest allows attendees to engage with and experience the evolution of video games firsthand.

The festival goes beyond mere exhibition; it highlights independent developers and provides them with a platform to present their creations, fostering innovation and creativity within the gaming community. Additionally, performances of music inspired by video games enrich the event, emphasizing the significance of video game music as an art form and preserving it for future generations.

With a robust range of programming, including educational presentations, MAGFest not only entertains but also informs. This commitment to education promotes a deeper understanding of the historical context and cultural relevance of gaming. By creating an environment that contrasts with typical for-profit industry exhibitions, MAGFest cultivates a sense of community and shared passion among attendees, making it a vital contributor to the ongoing dialogue about the legacy and future of video games.




This information is meant to be a general summary of Magfest 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.

Revenue
$133,153 (2022)
Expenses
$347,684 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $133,153
  • Gross Receipts: $133,153

Assets and Liabilities:

  • Total Assets: $1,861,525
  • Total Liabilities: $655
  • Net Assets: $1,860,870

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONFERENCES MISC INCOM

Revenue

$133,153

Organization Details

Founding Year

2012

Principal Officer

Debra R Lenik

Main Address

523 E 22ND ST, BALTIMORE, MD, 21218

NTEE Category

Code: A31 - Arts

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