40 YEARS ANNUAL REPORT 2019 40 YEARS

Annual Report for the year ended 31 December 2019

Country of Incorporation Nature of Organisation The Association is a non-profit organisation incorporated in terms of the Non-profit Organisations Act 1977, on 9 December 1999. Registration Number 007-517 NPO PBO Number 930 019 992 Nature of Operations The aim of this organisation is to see lives and communities transformed through the provision of education and development programmes with a specific emphasis on educational enrichment and supplementary tuition targeting the full diversity of the South African Youth. The organisation achieves this objective through the medium of the performing arts, with an emphasis on magic and the allied arts.

Street Address 215 Imam Haron Rd Claremont, 7700 , South Africa Postal Address PO Box 2479 Clareinch, 7740 Cape Town, South Africa Telephone +27 21 683 5480

Website www.collegeofmagic.com Auditors Horwath Zeller Karro Chartered Accountants (S.A.) Registered Accountants and Auditors

2 3 “Many of our that joy and wonder into the lives of your of its kind in the world teaching magic audience members. and integrating various complementary graduates educational, youth development Many of our graduates have gone on to programmes and outreach initiatives have gone on develop professional careers in these or into this fun, innovative learning related fields as a direct result of having environment. We are so grateful to develop been exposed to and inspired by their to the many international and local professional training at the CoM. More than 50% magicians who support the organisation of our students are from marginalised in friendship, visits, donations and careers in communities and many of these young encouragement as they see the results men and women are our most dedicated and impact that we continue to have. these or related performers, who regularly win or place I would also like to thank our many in the various contests that we run and graduates who support the College of fields ...” who are always eager to be part of our Magic as voluntary teachers, donors many charity and outreach shows. We and management board members as have also recently taken our offering well as other friends and donors who out into marginalised communities so have journeyed with the CoM over that young people who cannot access many years. They have been integral our centre can also benefit from our to enabling this magic to happen in unique educational intervention, where lives of our young people. I would also we had 40 young people complete our like to thank our full time staff and rural course in Atlantis during 2019. management board for their dedication Our offering also includes Post-matric and tenacity as they have steered learnerships where young folks are the organisation through a complex supported and mentored by our staff and challenging year yet enabled the including an academic support initiative. organisation to meet and exceed many of our objectives. Another of our programmes that continues to be a great success is our Lastly, I’d like to pay special tribute to Magic Classroom. This programme is our founders David Gore and Marian run in partnership with primary schools Williamson whose passion, dedication, across Cape Town who bring classes to commitment and enthusiasm have visit the CoM where we aim to excite inspired so many to join this incredible and inspire young minds in the areas of organisation and experience the joy of science and mathematics. Last year we giving, the satisfaction of seeing changed A message from the Chairman had over 3000 learners visiting with lives and the excitement of having been more than 50 000 having benefited part of influencing the change we see The Objective of the technical skills development - in magic - from this unique experience since we in the lives of all the young people who (CoM) is to see lives and communities but extend to include stagecraft, digital introduced this initiative around 14 pass through our doors and indeed the transformed through the provision filmmaking, juggling, prop construction, years ago. One other aspect of this impact in our own lives. of educational and developmental sound and lighting, puppetry and drama. programme is that our interns also programmes, with a specific emphasis Our courses are also all delivered with participate in various aspects giving I am therefore pleased to report that I on educational enrichment and a blend of both theory and practice them great opportunities to develop see this organisation is achieving their supplementary tuition targeting the including many opportunities to perform organisational, administrative and objectives of its constitution and I look full diversity of South African Youth. in the form of community outreach performing skills paving the way for forward to seeing the impact continue We operated in tough and challenging shows, events for adults, events for them to pursue further tertiary studies. and deepen in the years to come. It circumstances during 2019 - both children as well as on the grand stage has been a joy and a privilege to serve internally and externally but despite of the Artscape theatre (one of Africa’s On 30th October 2019 a High Court as the chairman of the CoM board for this, the organisation made great top theatres). This allows for scenarios Judgement impacted the membership the past 20 years and to have been strides towards achieving these where they obtain invaluable skills of the Management Board resulting in associated with the CoM for 39 of its objectives. The CoM also completed its in performing and stepping up to the those elected on 29 April 2019 to stand 40-year lifespan. 40th year of existence in 2019 and can level of professionalism required from down. As the Constitution of the College proudly look back at many individual such exciting opportunities, whilst also of Magic requires the Management Yours Magically lives that have been transformed experiencing all the hard work that goes Board to have at least five members, the forever as a result of their participation into producing and directing a show – remaining Board members, as permitted Bruce Hutchison in one or more of our programmes. whether small or large scale. There is by the Constitution, co-opted four CHAIRMAN a wonderful life-skill parallel that flows members to the Board on 12 December May, 2020 There are 23 courses that we alongside developing a show that includes 2019. At the next Annual General currently run – most at our premises in vision, innovation, design, construction, Meeting, a new Management Board will Claremont and some that we take out rehearsing and then feedback in the form be elected in terms of the Constitution into marginalised communities. These of applause and affirmation in knowing courses focus on both performing and that it was your hard work that brought The CoM remains the only organisation

4 5 Juggling and Card Skills programme As in previous years our courses are “Today our graduation took place in November at supplemented by a wide range of student body has the Rebecca van Amsterdam Hall, with activities and events to bolster the Marlyn Buise of the NLC, sponsors, as curriculum. Contests are probably the grown to more our guest of honour. This course, held most prominent – fourteen events in in collaboration with the Out of Africa 2019 with more than 200 participants than 200 young Children’s Foundation, attracted 20 girls and more than 40 external judges and 20 boys from the deprived Atlantis - culminating in the people ... with area and set a new record in juggling Junior Magician Championships held at 94 new students accomplishments among the participants. High School in September. joining in 2019.” Our small permanent staff who drive the More valuable performance day to day running of the organisation opportunities were created through changed in 2019 emerging as a strong other events and shows: team. Through their dedication and efforts the work of the College of • The 2019 Birthday Bash enjoyed Magic flourishes. One of their tasks is a popular Wizard theme. Michelle to help co-ordinate our large team of Gore, volunteer and graduate, volunteers. From humble beginnings coordinated the event, which back in 1980, this body of volunteers, attracted more than 200 guests. mainly graduates, has grown and continues to create the magic of exciting • The 2019 Traditional Children’s hands-on and interactive training Magic Festival, boasting a cast sessions. 10 newcomers joined the 2019 of 97 students and graduates, staff development training course held attracted 850 attendees to its 16 in March. shows held over 4 winter days. A feature of this year’s festival In the early 1980’s, parents of students saw children gathering ‘treasure’ at the College of Magic were the first to from the different venues for their report the incredible life-skills that their ‘treasure chest’. children were developing through their involvement at the College of Magic. • The ‘World of Magic’ spectacular Often referred to as ‘soft skills’, we now at the Artscape Theatre in October know in the 21st century that these are played to two packed auditoriums ‘essential skills’ for our young generation and received accolades for the cast A message from the Director to survive. Entrepreneur.com cites 3 and director, graduate, Santika of the top reasons that millennials are Naidoo. A magic trove of stage 2019 brings to a close the 40th magical expanded over the years, but so, too, being fired from the workplace: illusions generously loaned to the year of our organisation. Way back have our programmes. These include 1. Lack of Vision College by graduate, Ryan Sharp, in 1979 a small group of university the Magic in the Community project, the 2. Miscommunication helped make this story-themed students and educators gathered Magic Classroom schools’ programme, 3. Lack of Confidence show sensational. Children were together in an empty business premises Adult Training, Post Matric Learnerships excited to make their own magic on the 2nd floor of Resdun House in and Rural Outreach progammes. Our education offers the perfect wands in a workshop before the Southfield. It was here that the idea “... we now know antidote. The development of our show, while being coached by of a ‘College of Magic’ was born. An I am pleased to report that in 2019 our in the 21st century curriculum remains a key focus thanks young magicians. Following months organisation that would bring together students once again excelled themselves. to our involved and enthusiastic team of of preparation and rehearsal, the young people of all races, cultures, From our students in Cape Town to that these are instructors. Our weekly staff meetings professional theatrical setting gives languages and socio-economic groups those in the rural area of Atlantis, there are a catalyst for new initiatives to our students a golden opportunity around a common interest in magic. So it are many happy stories to be told. These ‘essential skills’ deepen and make our training more to shine – on stage and in the foyer, was that on the 23rd February 1980, the accomplishments were recognised at relevant and exciting. During 2019 performing or interacting with College of Magic opened with a diverse our graduation ceremonies. In June, the for our young our project to create new customised the public. Debbie Damons and group of 34 students. Graduation Ceremony was held at the generation to notes with colour photographs for all Artscape deserve a special mention Nassau Theatre with guest of honour, our courses continued. Courses 1 and for their ongoing support of young Today our student body has grown to David Gordon. We celebrated the survive.” 2 were recipients of these new notes in up and coming talent. more than 200 young people in various accomplishments of 41 young students 2019. Graduate and published author, programmes with 94 new students at our Course 1 and 2 levels. The annual Aidan Knott, plays a key role in this • Outreach Shows – dozens of joining in 2019. Back in 1980 we had graduation ceremony at process along with a team of creative shows for the less privileged were planned to offer 6 courses – our offering Boys High School in November was advisors. This project is driving our new performed throughout the year. has now expanded to 23 courses, a large gathering with 154 students generation of teachers who will need In December these performances including stagecraft, digital filmmaking, receiving their graduating certificates to harness the digital revolution, virtual sometimes had a cast of up to 18 juggling, puppetry, mime, clowning and various awards from chairperson, reality and artificial intelligence to take College of Magic performers! and drama. Not only have our courses Bruce Hutchison. The Atlantis Rural our unique education into the future.

6 7 • College of Magic performers Khanyi in the field of hospitality at “Strong ethical appeared in various high-profile College and Thando in sound leadership is public shows including Zip Zap engineering at Cape Audio College. Circus’s ‘The Greatest Little Show’ one of the most and the Grantee Strong ethical leadership is one of the Showcase in November. most pressing needs in our society today. pressing needs We were thrilled to collaborate with International visitors bring special skills African leadership expert and sponsor, in our society and inspiration. In 2019 these included Dr Peter Haussler in launching our new today.” Joe Turner, IBM Past President; Tony Young Magic Leaders (YML) course Mago of Magic Brothers World; Juggler, in 2019. This group of young adults, Tiago Oliveira; Janni Younge of UNIMA co-ordinated by Luzuko Sidimba, met and Matt Tarrant from Australia. The monthly to discuss topical issues with RubyCon National Magic Convention, experts from various fields including hosted by the Johannesburg Magic Violet Adonis, Wendy Annecke, Prof Circle in September, was a splendid Eric Atmore, Yoliswa Dwane, Nariman event and afforded a great opportunity Laattoe, Dr Thulane Gxubane, Helen to the College of Magic participants to and Rob Douglas, Bruce and Laura meet international stars, David Sousa, Hutchison, Enrico Marinus, Dean Jahn Gallo and Ger Copper. Students, Muller and Zukiswa Vuka. Successful Luvo Mrolota and Khanya Rubushe were participants were presented with fortunate to be selected to perform certificates in 2020. alongside these international artists on the gala shows. At the opening of the year, the completion of the new Magic Lab The ‘Magic in the Community’ project created much excitement. Our thanks continues to champion our outreach go to Josh Jay and Andi Gladwin of to marginalised communities. Many Vanishing Inc., assisted by Chad Findlay, are youth-at-risk and come from who created this dream venue. Essential disadvantaged semi-urban and rural repair work was also carried out around areas including Crossroads, Delft, Langa, our building including the replacement , , , of one of the main pillars in the front , Nyanga and Philippi. The balcony thanks to sponsor, Markus weekly training sessions offered to the Stipp. Soundworks donated LED stage students of the project are bolstered by lights to replace existing incandescent CAPTIONS from top, left to right: a range of support activities, including lights in our theatre. Options around . Causing a sensation during act development; a feeding scheme run building techniques to be used for the 2019 - the College of Magic by Ann Pawley who also continues her construction of our new media centre juggling troupe! excellent work in the tuck shop; social were explored by Jane Visser Architects . Jesse Brooks transports support in collaboration with UCT and while we wait for City of Cape Town’s his audience into a world of six social worker interns in 2019; and approval of our building plans. A new fantasy at the Birthday Bash. academic support championed by Josh College of Magic Website together with . Course 5 student, Gabriel Stein with the help of SHAWCO. a new College of Magic Facebook page entertains a young patient at were launched in 2019 thanks to various the Maitland Cottage Home. . In 2019 more than 3 000 young people donors and supporters. Crimsonline, Alfred Baba and Tristan benefitted from the Magic Classroom in collaboration with Microsoft, are Grant performing in the World programme which once again excited assisting the College prepare for our of Magic production at the Artscape Theatre learners and educators alike in growing online digital needs. Vanilla with . Michael Barta, aka Prof science and mathematics. More than the help of Octotel, have conjured up a Bayla, introduces some young 50 000 learners from more than 300 fast fibre internet connection with more Magic Classroom participants schools have now benefitted from this good things coming in 2020. to the magic of colour. programme. The ‘Young Minds Awake’ . Luca Caronti adds a little initiative with the help of Golden Arrow The College of Magic is deeply indebted music to the 2019 Traditional Bus Services made the programme to our funders who keep our organisation Children’s Magic Festival. accessible to marginalised schools. alive. The many individuals and . Dr Peter Haussler and Prof Bayla continues to do a sterling organisations who sponsor a student, Valeria Haussler-Salles with the job assisted by ‘super administrator’ Siegfried and Roy, the HCI Foundation, 2019 Young Magic Leaders. Noma Machaka. Khanyi Nyakatya and the Department of Cultural Affairs and . Ladies of Magic - an all female cast in a scene form the Thando Rala, COM 2019 learnership Sport, the Slaight Family Foundation and World of Magic. interns, assisted with the ‘Light, Colour Gate Repair Services continue to be our . Making their ‘mark’ at the and Optics’ themed magic show. These ‘star supporters’. In 2019 the National Birthday Bash in February. interns have gone on to study in 2020, Lottery Commission awarded a longed-

8 9 “… not only for grant to the College of Magic, which in February, my PA, Dawn Hillman; our is not only boosting our programmes, fundraiser, Marian Williamson; our boosting our including in the rural areas, but is also Magic in the Community Co-ordinator, equipping our organisation for the 4th Olwethu Dyantyi, who left us in June programmes, industrial revolution. to pursue a professional performing career, but continues as a voluntary including in In February 2019 the College of Magic instructor; Steve Sandomierski, a key the rural areas, was taken to the Commission for associate and much loved teacher of 25 Conciliation, Mediation and Arbitration years who left us in April; Kyle Gray who but is also (CCMA) by a former volunteer, Craig co-ordinated a new adult course in 2019 Mitchell, claiming to be an employee of and our publicist, Fazielah Williams. We equipping our the organisation. The CCMA ruled in are pleased to welcome Sinethemba the College of Magic’s favour finding the Bawuti and Liam Joubert who have organisation for claim was without merit. An application joined our internal staff in September. I the 4th industrial by Craig Mitchell to the High Court would also like to extend special thanks was heard in October 2019, regarding to David Ben and Julie Eng of Magicana; revolution.” interpretation of membership in the to our Chairperson, Bruce Hutchison College of Magic’s constitution. The and our non-executive management court ruled that the resolutions of the board who have gone ‘beyond the call 2018 AGM be set aside. It dismissed of duty’ during difficult times and all our an interlocutory application by Craig supporters everywhere. Mitchell. An AGM in line with the court’s ruling is currently being planned. It seems like yesterday that we were welcoming our first students into The debilitating impact of these legal the black curtained studio at Resdun actions against our organisation over House for their first lesson in magic the past 2 years has been an immense back in 1980. I am humbled by what challenge. It has sapped resources has transpired since that day and and tarnished the image of a selfless, look forward to celebrating with you hardworking group of people. The in 2020, the 40th Anniversary of our actions fly in the face of the legacy unique education in transforming and of hundreds of people who have, empowering young lives. contributed to building the ‘real magic’ of our life-changing organisation with a David Gore community spirit and a shared vision. DIRECTOR June, 2020 I would like to take this opportunity of thanking our outgoing CEO, Yolandi van Jaarsveldt, who completed her contract

CAPTIONS from top, left to right: . Cast of the World of Magic production staged in October at the Artscape Theatre. . Senior student of the year, Sesona Gagana with his family. . Director of the World of Magic, Santika Naidoo. . July Course 1 class graduate in November. . Students, Anele Jethro and Ross Lindsay at the Course 6 weekend. . Outreach performances are the pefect way to spread joy and gain experience! . Proud Atlantis Juggling and Cards Skills students at their Graduation Ceremony in November. . Janni Younge of Unima shares her ‘magic’ with the Puppetry students. . Johannesburg Magic Circle Ruby Convention Luzuko, Khanya and Luvo with International magi David Sousa, Ger Copper and Jahn Gallo.

10 11 Thank you to our supporters!

Corinne Abel Marinus De Kok Mark Hewitson Joy Millar Siegfried and Roy Wayne Abrahamse Jack Diamond Dawn Hillman Nicholas and Angela Stan Sieler Suzanne Ackerman Giuseppe and Corine Di Ongezwa Hlekiso Miller Tore Skytèn Ackerman Pick ‘n Pay Capua Harris, Nupen and Asiphe Mnqika Slaight Family Foundation Foundation Simon Dimaio Molebatsi Qaqambile Mnqika Allan Slaight Violet Adonis Peter Djordjeno Renée Holleman Shafieka Moos Gary Slaight Ashley Africa Helen and Rob Douglas Guy Hollingworth Riaad Moosa Charles Smith Luke Africa Elizabeth Dube Carol and Steven Phelokazi Mphalampela Simon and Tracy Smith Wendy Annecke Yoliswa Dwane Hopwood Litho Mpoyiso Larry Soffer Anonymous Donors Olwethu Dyantyi Bruce and Laura Dean Muller SOS Children’s Village Artscape Audience Anele Dyasi Hutchison Elri Muller Soundworks Development Marcus Eddie Joshua Inder Jean-Pierre Murray- David Sousa Grant Atkinson Doug Edwards Moeniel Jacobs Kline South African Magical Eric Atmore Daniel Eksteen Brad Jacobs My School Society Barross Automation Julie Eng Vincenzo Janna Siyamthanda Mzangwa Johan Ståhl Steve Axtell Laurence Estéve Ayesha Janodien Allan and Lisa Nackan Dan and Heather Stein Justin and Sigrid Barry Michael Evans Joshua Jay Pam and Raven Naidoo Joshua Stein Lorna and John Barry Gabe Fajuri Nerine Jeaven Santika Naidoo Stepping Stones Michael Barta Fantastic Magic Camp Keith Jenkings Venolan Naidoo Piet and Melanie Steyn Jenna Bass Terry Fator Lance Job Nassau Theatre Markus and Klementyna Sinethemba Bawuti Michael and Michelle Johannesburg Magic National Lotteries Stipp Thomas Baxter Fenwick Circle Commission Percy Stipp BCHC Kim Ferroli-Highfield Danri Joubert Siphesihle Ndayi Devin Swanson Beautiful Gates Chad Findlay Liam Joubert David Newby Matt Tarrant Luzuko Bedi Dave Findlay Bill Kalush Nkumbuzo Nkonyana Stuart Taylor Heinrich Beer Justin Fish Hymie and Shirley Susan Norman Charles Tertiens David Ben Bronwyn Fisher Kaplan Charles Nupen Linesri Thaver David Berglas Vuyolwethu Foslara David Karpul Rolf-Stephan Nussbaum Alan Thompson Bergvliet High School Mat Franco Richard Kaufman Foundation Caefus Tladi Grant Best Bertil Fredstrom Greg Kaylor Khanyi Nyakatya Touareg Tony Mago of Magic Brothers World during a visit in March 2019. Stephen Best Adrian Galley Mac King Monica Nyakatya Robert Townsend Bhabhathane Schools Jahn Gallo Andrew Klazinga Octotel Joe Turner Transformation Trust Isaac Gama Aidan Knott Tiago Oliveira Nyaniso Tutu-Burris Bruce Bintley Evan Gambardella Conrad Koch Marcel Oudejans Sithembele Tyutula Simon Birch Gate Repair Services Petra Krupp George Parker Colin Underwood Nick Bode Mawonga Gayiya Gavin Kruse Ann and Roger Pawley Matthew Van Blerck Dean Bodenham Gemini Printing Nariman Laattoe Steven Pawley Yolandi van Jaarsveldt Phillip Boruchowitz Solutions Irvine Laidlaw Penn and Teller Carol van der Rheede Michael Bosman Andi Gladwin Josh Langdon Carlo Penso Guy and Ploy van der Khadija Brey Terry Godfrey Dominic Lavin Tina and Tony Penso Walt Matthew Bright Golden Arrow Jeremy Lawrence Wade and Nakeeta Brigid van der Jesse Brooks Community Transport Leliebloem House Petersen Westhuizen Marlyn Buise Services Adrian Le Roux Pick ‘n Pay Vanilla Graeme Bunce Jennifer Goldstein Marlene Le Roux Tamarin Philpott Vanishing Inc. Shane Butlion Onwaba Gongotha Jacques Le Sueur Kriben Pillay Peter Vanne Canon David Gordon Vaughan Leader Marcel Pretorius Lauren Veary Tanya Carter Chris Gore Steve Leech Doug Price Jane Visser Eddy Cassar David Gore Mzukisi Lembeni Elke Prinz Zukiswa Vuka Catholic Mission Aid Joe and Tanya Gore Stuart Lightbody Wolfram Prinz Matthew Walton CBA Minolta Matthew and Brooke Keith Lindsay Fred Rasmussen Kay Warne Photocopiers Gore Gay Ljungberg Emmalene Ravell Mandy Watson Centre for Early Michelle Gore George Luck Reach for a Dream Chris Wayne Childhood Learning Patrick Gore Sinothando Lufutha Nicholas Rix Tara Weinberg Chad Findlay Creative Robert Gore Nomatter Machaka Kathy and Dave Robins Bill and Becki Wells Lynette Chappell Simon and Bridget Gore Magicana Rondebosch Boys’ High Western Cape Francis Chouler Tim Gore Magic Brothers World School Department of Cultural City of Cape Town Reg Grant Tony Mago Matthew Ross Affairs and Sport Benjamin Claassen Kyle Gray Yadhir Maharaj SA Online Fatima Williams George Coetzee Ricki Gray Make Believe Michael Saharin Fazielah Williams Lee Cohen Thulane Gxubane Enrico Marinus Steve Sandomierski George Williams Stuart Cohen Dougen Hall Alexander May Wendt Saurma-Jeltsch Barry Williamson Timothy Coles Ethel Hamman Diane May Dennis Schick David Williamson Michael and Mary Colley Haritons Peter McLachlan George Schindler Kenneth Williamson Alan Committie Tom Harris David McLaren Massimiliano Schiliro Marian Williamson Russell Comrie Peter Haussler McLaren Circus Helene Schoeman Steve Winter Johnny Copelyn Valeria Haussler-Salles Glenn McMeeking Adam Schroeder Richard Wiseman Ger Copper Neil Hazell Cabangile Mdluli Pippa Shaper Loyiso Wole 2019 Teaching Staff and Course 6 graduaes at the Annual Graduation Ceremony. Mooky Cornish HCI Foundation Gudrun and Wolfgang Pam and John Sharp Diana Wylie Debbie Damons Heatherdale Children’s Messelken Ryan Sharp Ayfer Yatci Ralph De Hahn Home Chris Metcalfe Luzuko Sidimba Janni Younge

12 13 The College of Magic The College of Magic (Registration number: 007-517NPO) (Registration number: 007-517NPO) Financial Statements for the year ended 31 December 2019 Financial Statements for the year ended 31 December 2019 Detailed Income Statement Detailed Income Statement Figures in Rand 2019 2018 Figures in Rand 2019 2018

Revenue Operating expenses Operations 3 405 831 3 055 990 Accounting fees (7 689) (2 452) Special Project Income - 231 786 Advertising (28 109) (57 569) Interest received 2 783 17 705 Atlantis juggling and card skills project - (73 500) 8 6 3 408 614 3 305 481 Auditors remuneration (21 275) (18 810) Expenses (refer to page 20) (3 395 995) (3 609 918) Bad debts (14 740) (7 028) Bank charges (33 083) (34 188) Surplus / (Deficit) for the year 12 619 (304 437) Bursaries for students (490 900) (494 890) Computer expenses (33 741) (5 585) Consulting and professional fees (215 619) (98 053) Consumables (11 934) (19 098) Cost of shows (40 284) (41 846) Depreciation, amortisation and impairments (31 447) (31 897) Discount allowed (8 365) (5 584) Employee costs (1 328 483) (1 442 100) Function expenditure (15 526) (19 529) Fundraising (41 908) (63 498) Graduation expenses (10 246) (24 334) Insurance (42 286) (36 435) LEAP Project (10 670) (99 599) Lease rentals on operating lease (32 018) (43 249) Library Costs (3 597) (6 336) MIC project clothing - (2 222) MIC project special needs (37 906) (70 210) MIC project transport costs (54 861) (113 231) Magic classroom (9 940) (9 750) NLC Project (570 898) (13 475) Petrol and oil - (5 271) Postage (8 079) (4 339) Printing and stationery (14 063) (15 900) Project Vegas - (364 679) Repairs and maintenance (32 286) (7 506) Security costs (6 697) (11 607) Staff development costs (44 378) (28 839) Telephone and fax (29 169) (35 310) Training (90 590) (204 052) Utilities (52 760) (75 758) Video consumables (4 521) (22 189) Young Magic Leaders - Leadership course (17 927) - (3 395 995) (3 609 918)

19 The supplementary information presented does not form part of the financial statements and is unaudited 20

14 15 Thank you to our sponsors! The College of Magic (Registration number: 007-517NPO) Financial Statements for the year ended 31 December 2019 Supplementary Information

1. Revenue 2019 2018

Grant income received Bhabhathane Project - 37 500 City of Cape Town: Grants-in-Aid Funds - 73 500 Donor income - 215 340 Grants Magic Classroom - 110 000 HCI Foundation 400 000 - Magicana 270 856 363 637 National Lottery commission 700 000 - Nussbaum 13 000 - Project Vegas - 231 786 SA Online 6 000 6 925 Siegfried and Roy 72 311 131 711 Vanishing Inc - 40 784 Western Cape Department of Culture Affairs & Sport 130 000 94 605 Young Magic leaders 40 000 -

Other Revenue Adult college fees 2 500 25 750 Fundraising income 334 546 439 929 Graduation income 3 190 11 970 Income from shows 23 740 11 350 Interest received 2 783 17 705 Junior College fees 967 250 1 003 802 Magic Classroom 35 620 51 720 Magicafe income 1 024 5 107 Miscellaneous income 3 147 8 056 Rent received 53 304 50 760 Sponsor-a-student 349 342 373 544 3 408 613 3 305 481

Download unabridged financial documents on our website at www.collegeofmagic.com/documents DAVID BERGLAS

21 The supplementary information presented does not form part of the financial statements and is unaudited A BIG thank you to our sponsors for keeping the magic alive!

16 17 Realising Dreams ...

Today’s youth, especially those from marginalised backgrounds, face a multitude of challenges and problems. There is a pressing need for creative initiatives to transform our youth. “It was not lack of ability that limited my people, but lack of opportunity,” said Nelson Mandela, in Long Walk to Freedom. Our students have the ability – the College of Magic opens up a world of opportunities for them in which to conjure for themselves a future of hope. We ask you to partner with us and support these young people as they seize the opportunities available, transform their lives and realise their dreams. Please Donate today.

Visit www.collegeofmagic.com/donate