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EIN 82-5183590

Multidisciplinary Academic Grants in Cryptocurrencies (MAGIC)

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Boulder
State
Colorado
Year formed
2018
Most recent tax filings
2023-07-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
Multidisciplinary Academic Grants in Cryptocurrencies expands education and scientific research, encourages cryptocurrency-related research and education, supports philanthropy and community outreach for financial privacy literacy, and provides paid academic scholarships to undergraduate students studying various cryptocurrency-related disciplines. It also offers grants to individuals and organizations conducting academic research on privacy in the field of cryptocurrencies.
Total revenues
$304,281
2023
Total expenses
$172,228
2023
Total assets
$256,192
2023
Num. employees
0
2023

Program areas at MAGIC

Provided Grants to individuals and/or organizations who performed Academic privacy research in the field of cryptocurrencies.
After reviewing and selecting awardees studying various cryptocurrency-related disciplines in their undergraduate studies, paid Academic scholarships to the awardees respective institutions.

Who funds Multidisciplinary Academic Grants in Cryptocurrencies (MAGIC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
PayPal Giving FundGeneral Support$33,726
AmazonSmile FoundationGeneral Support$128

Personnel at MAGIC

NameTitleCompensation
Justin EhrenhoferPresident Executive$0
Matthew ShroyerTreasurer Secretary$0
John MurphyVice President$0

Financials for MAGIC

RevenuesFYE 07/2023
Total grants, contributions, etc.$311,521
Program services$0
Investment income and dividends$3,506
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-10,746
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$304,281

Form 990s for MAGIC

Fiscal year endingDate received by IRSFormPDF link
2023-072023-12-13990View PDF
2022-072023-11-02990View PDF
2021-072022-06-06990EZView PDF
2020-072021-11-03990EZView PDF
2019-072020-06-16990EZView PDF
Data update history
February 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 16, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 26, 2023
Received grants
Identified 1 new grant, including a grant for $33,726 from PayPal Giving Fund
November 25, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
June 26, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
SchoolsResearch centersCharities
Issues
Science and technologyEducation
Characteristics
Provides grantsConducts researchPartially liquidatedCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
1942 Broadway St Ste 314c
Boulder, CO 80302
Metro area
Boulder, CO
County
Boulder County, CO
Website URL
magicgrants.org/ 
IRS details
EIN
82-5183590
Fiscal year end
July
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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