Nonprofit · EIN 81-0595934
MAGIC BASKETBALL CLUB INC
Tax-exempt · AUSTIN, TX 78717
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $711,998 | $671,268 | $40,730 | $394,987 | $38,534 | $356,453 |
| December 31, 2024 | 990 | $665,007 | $608,153 | $56,854 | $400,797 | $85,074 | $315,723 |
| December 31, 2023 | 990 | $623,053 | $488,174 | $134,879 | $265,902 | $7,033 | $258,869 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $711,936
- Program service revenue
- $0
- Investment income
- $62
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $55,935
- Other salaries and wages
- $10,880
- Salaries, compensation and benefits (total)
- $71,926
- Professional fundraising fees
- $0
- Occupancy
- $250,505
- Travel
- $35,841
- Depreciation
- $8,782
- Program services (functional)
- $631,168
- Management and general (functional)
- $40,100
Balance sheet and other
- Total assets, start of year
- $400,797
- Total assets, end of year
- $394,987
- Total liabilities, end of year
- $38,534
- Net assets, end of year
- $356,453
- Land, buildings and equipment
- $320,874
- Net assets without donor restrictions
- $356,453
- Gross receipts
- $711,998
- Employees
- 3
- Year formed
- 2005
- State of legal domicile
- TX
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY BURNETT | COO EXEC DIRECTOR Trustee or director, Officer | 40 | $30,285 |
| TAMIE FELTY | CEO PRESIDENT Trustee or director, Officer | 40 | $25,650 |
| EDDIE MARTINEZ | TREASURER Trustee or director | 5 | $0 |
| MONICA MARTINEZ | SECRETARY Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY BURNETT | COO EXEC DIRECTOR Trustee or director, Officer | 40 | $28,710 |
| TAMIE FELTY | CEO PRESIDENT Trustee or director, Officer | 40 | $28,260 |
| EDDIE MARTINEZ | TREASURER Trustee or director, Officer | 5 | $0 |
| MONICA MARTINEZ | SECRETARY Officer | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY BURNETT | COO EXEC DIRECTOR Trustee or director, Officer | 25 | $27,040 |
| TAMIE FELTY | CEO PRESIDENT Trustee or director, Officer | 25 | $22,600 |
| EDDIE MARTINEZ | TREASURER Trustee or director, Officer | 2 | $0 |
| MONICA MARTINEZ | SECRETARY Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 170654, AUSTIN, TX 78717-0032
- In care of
- % TAMIE FELTY
- Signed the 990
- TAMIE FELTY, CEO PRESIDENT
- Phone
- (512) 844-1091
- Return prepared by
- The Financial Interior LLP
Mission
Promotes college and career readiness and positive mental and physical health habits for children through participation in the sport of basketball.
Program accomplishments
- In 2025, the Magic Basketball Club continued expanding its footprint, including more kids from the Austin, Texas and surrounding areas to participate and compete.Expenses $631,168 · revenue $711,936
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 | 990 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
- 81-0595934
- 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
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $394,987
- Income (IRS master file)
- $711,998
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $711,998 | $671,268 | $394,987 | XML |
| 990 | December 2024 | $665,007 | $608,153 | $400,797 | XML |
| 990 | December 2023 | $623,053 | $488,174 | $265,902 | XML |
| 990 | December 2022 | $509,307 | $409,138 | $125,030 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 81-0595934).
Questions about MAGIC BASKETBALL CLUB INC
- What is the EIN of MAGIC BASKETBALL CLUB INC?
- The employer identification number (EIN) of MAGIC BASKETBALL CLUB INC is 81-0595934.
- Is MAGIC BASKETBALL CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to MAGIC BASKETBALL CLUB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGIC BASKETBALL CLUB 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 MAGIC BASKETBALL CLUB INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAGIC BASKETBALL CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of MAGIC BASKETBALL CLUB INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 2 received compensation from the organization, the highest $30,285 (AMY BURNETT, COO EXEC DIRECTOR).
- How much revenue does MAGIC BASKETBALL CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $711,998, expenses of $671,268 and total assets of $394,987 at year end.
Other nonprofits in AUSTIN
- LONESTAR SOCCER CLUB OF AUSTIN INC EIN 20-1201450 · last filed 990 for 2025
- AUSTIN PARKS FOUNDATION EIN 74-2648803 · last filed 990 for 2024
- WESTERN HILLS LITTLE LEAGUE INC EIN 74-2655581 · last filed 990 for 2025
- TEXANS FOR FREEDOM TO INVEST EIN 87-4761804 · last filed 990 for 2025
- AUSTIN PERFORMANCE VOLLEYBALL EIN 26-2711732 · last filed 990 for 2025
- TOWN AND COUNTRY OPTIMIST FOUNDATION EIN 26-2955136 · last filed 990 for 2025
- RBI AUSTIN EIN 82-3961043 · last filed 990 for 2025
- AUSTIN ROWING CLUB EIN 74-2219650 · last filed 990 for 2025