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Filing year 2024

MAGIC JOHNSON FOUNDATION

Beverly Hills, California·EIN 88-3208058·NTEE S20 · Community Improvement & Capacity Building·3
Total revenue
$257k
Total assets
$704k
Total expenses
$399k
Reported officers
3
Mission

THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO INITIATE AND SUPPORT PROGRAMS THAT HELP TO SERVE UNDERSERVED COMMUNITIES AND ENHANCE THE LIVES OF UNDERPRIVILEGED AND NEEDY INDIVIDUALS, AND TO INITIATE AND SUPPORT CHARITABLE PROGRAMS THAT FURTHER THE HEALTH AND EDUCATION OF THE PUBLIC.

Reported officers (all unpaid)

No paid executives reported in 2024. MAGIC JOHNSON FOUNDATION reported 3 unpaid officers and board members on its 990.

Board Chair, President, Di
Treasurer, Director
Secretary, Director
Financial trend

Revenue and expenses over time

MAGIC JOHNSON FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$300k
2023
$257k
$399k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in California

MAGIC JOHNSON FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in California earns a median of $95,054.

25th percentile
$42k
Median
$95,054
75th percentile
$159k
90th percentile
$256k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 255 organizations across 255 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for California
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