Nonprofit · EIN 11-3420933
CHRISTMAS MAGIC INC
Tax-exempt · ISLANDIA, NY 11749
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $200,181 | $236,421 | -$36,240 | $127,855 | $11,583 | $116,272 |
| December 31, 2023 | 990 | $244,971 | $299,416 | -$54,445 | $162,701 | $10,189 | $152,512 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $201,542
- Program service revenue
- $0
- Investment income
- $772
- Net income from fundraising events
- -$2,133
- Other revenue
- -$2,133
Expenses
- Grants and similar amounts paid
- $12,513
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,231
- Occupancy
- $5,998
- Depreciation
- $4,500
- Program services (functional)
- $190,176
- Management and general (functional)
- $43,345
- Fundraising (functional)
- $2,900
Balance sheet and other
- Total assets, start of year
- $162,701
- Total assets, end of year
- $127,855
- Total liabilities, end of year
- $11,583
- Net assets, end of year
- $116,272
- Land, buildings and equipment
- $14,375
- Net assets without donor restrictions
- $116,272
- Gross receipts
- $202,314
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELISA RUSSELL | TREASURER Officer | 10 | $6,300 |
| CHARLES C RUSSO | PRESIDENT/CHAIRMAN Officer | 2 | $0 |
| JAMIE LABELLE | SECRETARY Officer | 1 | $0 |
| MICHAEL COSGROVE | VICE PRESIDENT Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELISA RUSSELL | TREASURER Officer | 10 | $6,300 |
| CHARLES C RUSSO | PRESIDENT/CHAIRMAN Officer | 2 | $0 |
| JAMIE LABELLE | SECRETARY Officer | 1 | $0 |
| MICHAEL COSGROVE | VICE PRESIDENT Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1601 VETERANS MEMORIAL HWY 410, ISLANDIA, NY 11749-1528
- In care of
- % CHARLES C RUSSO
- Principal officer (990 for 2024)
- CHARLES RUSSO, 5 CLIFF ROAD, PORT JEFFERSON, NY 11777
- Signed the 990
- CHARLES RUSSO, CHAIRMAN
- Phone
- (631) 265-7200
- Return prepared by
- LEVY & CHOPRA CPAS PLLC
Mission
TO SOLICIT CHARITABLE CONTRIBUTIONS FROM THE GENERAL PUBLIC WHOSE SUPPORT WILL ENABLE THE ORGANIZATION TO PURCHASE & DISTRIBUTE TOYS TO NEEDY CHILDREN DURING THE HOLIDAY SEASON.
Program accomplishments
- THE ORGANIZATION SOLICITED CHARITABLE CONTRIBUTIONS FROM THE GENERAL PUBLIC. THE SUPPORT RECEIVED ENABLED THE ORGANIZATION TO PURCHASE CHRISTMAS PRESENTS FOR HUNDREDS OF CHILDREN.Expenses $190,176 · grants $12,513 · revenue $202,313
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 11-3420933
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $127,855
- Income (IRS master file)
- $202,314
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $200,181 | $236,421 | $127,855 | XML |
| 990 | December 2023 | $244,971 | $299,416 | $162,701 | XML |
| 990 | December 2022 | $226,694 | $332,993 | $220,861 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3420933).
Questions about CHRISTMAS MAGIC INC
- What is the EIN of CHRISTMAS MAGIC INC?
- The employer identification number (EIN) of CHRISTMAS MAGIC INC is 11-3420933.
- Is CHRISTMAS MAGIC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to CHRISTMAS MAGIC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHRISTMAS MAGIC INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHRISTMAS MAGIC INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHRISTMAS MAGIC INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CHRISTMAS MAGIC INC?
- The 990 for the year ended December 31, 2024 names CHARLES RUSSO.
- Who are the officers and directors of CHRISTMAS MAGIC INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $6,300 (ELISA RUSSELL, TREASURER).
- How much revenue does CHRISTMAS MAGIC INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $200,181, expenses of $236,421 and total assets of $127,855 at year end.
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