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EIN 81-0828812

The Magic Yarn Project

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Palmer
State
Alaska
Year formed
2016
Most recent tax filings
2022-12-01
NTEE code, primary
G30: Cancer
Description
The Magic Yarn Project brings magic into the lives of children battling cancer by providing comfortable and warm yarn wigs inspired by beloved Disney characters, which invite children back to the world of play and daydreaming. These wigs are an alternative to traditional ones as chemotherapy treatments often leave young scalps too sensitive for them. With a mission to inspire volunteerism, The Magic Yarn Project is located in Palmer, AK.
Total revenues
$187,482
2022
Total expenses
$181,477
2022
Total assets
$267,175
2022
Num. employees
0
2022

Program areas at The Magic Yarn Project

Chemotherapy treatments often leave young scalps too sensitive for traditional wigs. Our Yarn wigs are comfy, soft, and warm. Magic Yarn wigs are inspired by beloved disney characters, and invite children back to The world of play and daydreaming. They are beacons of fun, laughter, and play, during scary times.

Who funds The Magic Yarn Project

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hebson Family FoundationGeneral & Unrestricted$25,000
PayPal Giving FundGeneral Support$9,192
The Bank of America Charitable FoundationProgram/operating Support$1,500
...and 6 more grants received

Personnel at The Magic Yarn Project

NameTitleCompensation
Holly ChristensenFounder and Board Chief Executive Officer$0
Jamie MetcalfSecretary$0
Terry FieldsBoard Treasurer$0
Brianna HitchcockFounder and Boar / Vice President$0

Financials for The Magic Yarn Project

RevenuesFYE 12/2022
Total grants, contributions, etc.$187,450
Program services$0
Investment income and dividends$32
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$187,482

Form 990s for The Magic Yarn Project

Fiscal year endingDate received by IRSFormPDF link
2022-122023-04-27990View PDF
2021-122022-10-18990View PDF
2020-122021-07-26990View PDF
2019-122020-09-14990View PDF
2018-122020-09-16990View PDF
...and 1 more Form 990
Data update history
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $1,149 from AmazonSmile Foundation
November 26, 2023
Received grants
Identified 2 new grant, including a grant for $25,000 from Hebson Family Foundation
August 19, 2023
Received grants
Identified 1 new grant, including a grant for $1,000 from Jennifer and James Wood Foundation
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsDisease research fundraisersDisease-focused nonprofitsHeadquarter / parent organizationsCharities
Issues
HealthDiseases and disordersCancer
Characteristics
Conducts researchCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 83
Palmer, AK 99645
Metro area
Anchorage, AK
County
Matanuska-Susitna Borough, AK
Website URL
themagicyarnproject.com/ 
Phone
(907) 764-2782
IRS details
EIN
81-0828812
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
G30: Cancer
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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