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Nonprofit · EIN 11-3420933

CHRISTMAS MAGIC INC

Tax-exempt · ISLANDIA, NY 11749

Financials

$245K$299K2023$200K$236K2024
Revenue Expenses · by fiscal year end
Financials of CHRISTMAS MAGIC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$200,181$236,421-$36,240$127,855$11,583$116,272
December 31, 2023990$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.

NameTitleHours / weekCompensation
ELISA RUSSELLTREASURER
Officer
10$6,300
CHARLES C RUSSOPRESIDENT/CHAIRMAN
Officer
2$0
JAMIE LABELLESECRETARY
Officer
1$0
MICHAEL COSGROVEVICE PRESIDENT
Officer
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
ELISA RUSSELLTREASURER
Officer
10$6,300
CHARLES C RUSSOPRESIDENT/CHAIRMAN
Officer
2$0
JAMIE LABELLESECRETARY
Officer
1$0
MICHAEL COSGROVEVICE 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.

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$200,181$236,421$127,855XML
990December 2023$244,971$299,416$162,701XML
990December 2022$226,694$332,993$220,861IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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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