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Open Heart Magic

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270095889 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Open Heart Magic?

Open Heart Magic is a compassionate nonprofit organization based in Chicago, Illinois, with additional locations in Ann Arbor, Michigan, and Cleveland, Ohio. Their primary mission is to harness the therapeutic power of magic and laughter to uplift and strengthen seriously ill children in hospitals, aiding in their healing process. Their unique bedside magic performances, tailored to each child's age and abilities, provide a personalized and interactive experience, fostering participation, imagination, and self-confidence. Open Heart Magic supports children not only during one-time visits to the emergency room but also those undergoing long-term treatment for conditions such as pediatric cancer, diabetes, heart problems, and more. With a dedicated team of five employees, they bring joy and resilience to the lives of these young patients.


Official website here: www.openheartmagic.org

Is Open Heart Magic legitimate?

Open Heart Magic is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Heart Magic submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,949

For more financial information, click here


Official website here: www.openheartmagic.org

What is the mission statement of Open Heart Magic?

Open Heart Magic's mission is to utilize the therapeutic power of magic and laughter to boost the spirits and aid in the healing process of seriously ill children in various hospitals. Their hospital magicians engage with young patients, using magic as a tool to encourage participation, stimulate imagination, and help these children discover their confidence and sense of mastery as they perform tricks for their doctors, families, and friends. Due to the personalized and interactive nature of their bedside magic performances, Open Heart Magic is able to cater to children of all ages, regardless of physical or developmental limitations. They offer support to children during both one-time ER visits and long-term treatments for conditions such as pediatric cancer, diabetes, heart problems, and more.


Official website here: www.openheartmagic.org

Who is the CEO of Open Heart Magic?

Michael Walton is the Founder And Executive Director of Open Heart Magic.


Official website here: www.openheartmagic.org

What is the revenue of Open Heart Magic?

Open Heart Magic's revenue in 2022 was $888,400.


Official website here: www.openheartmagic.org

Who are the executives of Open Heart Magic and what are their salaries?

The average compensation at Open Heart Magic during 2022 was $69,590. There are 5 employees and 22 volunteers at Open Heart Magic.

Here are 23 key members and their salaries:

    Michael Walton (Founder And Executive Director)
  • Compensation: $120,000
  • Related: $0
  • Other: $0

    • Andrew Denenberg (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katy Leoni (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jake Hagelow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Snider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christing Gravel Lippoldt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katy Pinter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Malysiak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Passerini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Lesak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Hoehne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ankit Agrawal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nader Salah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Scheuneman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee Grimm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Walton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Limjoco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Temitope Sadiku (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hilary Goldin Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.openheartmagic.org

    Where can I find the form 990 for Open Heart Magic?

    The Open Heart Magic’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.openheartmagic.org

    Learn more at the official website: www.openheartmagic.org

    Mission Statement of Open Heart Magic

    Open Heart Magic, a nonprofit organization, aims to utilize the therapeutic power of magic and laughter to invigorate and empower seriously ill children battling severe medical conditions in various hospitals. The mission of Open Heart Magic is to engage with young patients, employing magic as a tool to encourage participation, stimulate their imagination, and assist them in finding their confidence and sense of mastery as they execute tricks for their doctors, family, and friends. Due to the personalized and interactive nature of the bedside magic performances, Open Heart Magic is able to work with children of all ages, regardless of physical or developmental restrictions. The organization provides support to children in both short-term ER visits and long-term treatment for conditions such as pediatric cancer, childhood diabetes, heart problems, and more.

    Impact

    This information is meant to be a general summary of Open Heart Magic. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Open Heart Magic brings joy, laughter, and strength to sick children facing serious medical conditions through the therapeutic power of magic. By providing personalized and interactive bedside magic performances, Open Heart Magic helps children of all ages, regardless of their physical or developmental restrictions, to find confidence, engage their imagination, and experience a sense of mastery. Their impact extends to children in various healthcare settings, from one-time ER visits to long-term treatment for conditions like pediatric cancer, childhood diabetes, and heart problems. Through their program, Open Heart Magic not only brightens the spirits of these young patients but also supports their healing journey by promoting positivity and resilience.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,417
  • Program Service Revenue: $89,969
  • Gross Receipts: $952,785

    • Assets and Liabilities:
  • Total Assets: $1,299,686
  • Total Liabilities: $390,838
  • Net Assets: $908,848
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Hospital Program Fees

    Revenue

    $89,969

    Organization Details

    Founding Year

    2004

    Principal Officer

    Michael Walton

    Main Address

    67 East Madison Street Suite 1504, Chicago, IL, 60603

    NTEE Category

    Code: P50 - Human services

    If you are a representative of Open Heart Magic and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.