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    <Timestamp>2013-11-15T05:41:21-08:00</Timestamp>
    <TaxPeriodEndDate>2013-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Vesey &amp; Weeks PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>185 Centre St Ste 103</AddressLine1>
        <City>Danvers</City>
        <State>MA</State>
        <ZIPCode>01923</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>320136377</EIN>
      <Name>
        <BusinessNameLine1>MAGIC HAT THRIFT SHOP INC</BusinessNameLine1>
      </Name>
      <NameControl>MAGI</NameControl>
      <Phone>7816393120</Phone>
      <USAddress>
        <AddressLine1>217 PLEASANT STREET</AddressLine1>
        <City>MARBLEHEAD</City>
        <State>MA</State>
        <ZIPCode>01945</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>KATHI GRUNWALD</Name>
      <Title>Treasurer</Title>
      <DateSigned>2013-11-15</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Stephen T Vesey</Name>
      <PTIN>P00579182</PTIN>
      <Phone>9787743000</Phone>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2015-11-30 17:44:51Z</BuildTS>
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  <ReturnData documentCount="3">
    <IRS990EZ documentId="IRS990EZ" referenceDocumentId="IRS990ScheduleO TransfersPersonalBenefitsContr" softwareId="12000229" softwareVersion="2012v2.0">
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>N/A</WebSite>
      <Organization501c3 referenceDocumentId="IRS990ScheduleA">X</Organization501c3>
      <GrossReceipts>122400</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>1134</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>121266</ProgramServiceRevenue>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
      <FundraisingGrossIncome>0</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>0</SpecialEventsDirectExpenses>
      <CostOfGoodsSold>0</CostOfGoodsSold>
      <TotalRevenue>122400</TotalRevenue>
      <GrantsAndSimilarAmountsPaid>127001</GrantsAndSimilarAmountsPaid>
      <SalariesOtherCompEmplBenefits>25762</SalariesOtherCompEmplBenefits>
      <FeesAndOthPymtToIndContractors>620</FeesAndOthPymtToIndContractors>
      <OtherExpensesTotal>8736</OtherExpensesTotal>
      <TotalExpenses>162119</TotalExpenses>
      <ExcessOrDeficitForYear>-39719</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>54077</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>14358</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>77584</BOY>
        <EOY>85577</EOY>
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      <TotalAssets>
        <BOY>77584</BOY>
        <EOY>85577</EOY>
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      <SumOfTotalLiabilities>
        <BOY>23507</BOY>
        <EOY>71219</EOY>
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      <NetAssetsOrFundBalances>
        <BOY>54077</BOY>
        <EOY>14358</EOY>
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      <PrimaryExemptPurpose>TO PROMOTE AND CARRY OUT FOR EDUCATIONAL AND CHARITABLE PURPOSES, SPECIFICALLY, TO RAISE FUNDS TO FURTHER THE EDUCATION OF CHILDREN ENROLLED IN THE MARBLEHEAD PUBLIC SCHOOLS IN THE TOWN OF MARBLEHEAD, MASSACHUSETTS.</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>FUNDS RAISED TO ACHIEVE FUNDING FOR EDUCATIONAL PURPOSES IN THE MARBLEHEAD MA PUBLIC SCHOOLS.</DescriptionProgramServiceAccom>
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        <ProgramServiceExpenses>127001</ProgramServiceExpenses>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>KATHI GRUNWALD</PersonName>
        <Title>Treasurer</Title>
        <AvgHoursPerWkDevotedToPosition>1.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>JENNIFER BREHOB</PersonName>
        <Title>Director</Title>
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        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>CLAIRE MACDONALD</PersonName>
        <Title>Clerk</Title>
        <AvgHoursPerWkDevotedToPosition>1.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>WENDY ROWORTH</PersonName>
        <Title>Director</Title>
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        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>SHAREN SOLOMON</PersonName>
        <Title>Vice President</Title>
        <AvgHoursPerWkDevotedToPosition>1.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>MILENA CONNOLLY</PersonName>
        <Title>Director</Title>
        <AvgHoursPerWkDevotedToPosition>1.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <InfoInScheduleOPartV>X</InfoInScheduleOPartV>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>false</OrganizationHadUBI>
      <OrganizationFiled990T>false</OrganizationFiled990T>
      <SubjectToProxyTax>false</SubjectToProxyTax>
      <OrganizationDissolvedEtc>false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <InitiationFeesAndCapitalContri>0</InitiationFeesAndCapitalContri>
      <GrossReceiptsForPublicUse>0</GrossReceiptsForPublicUse>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <StatesWhereCopyOfReturnIsFiled>MA</StatesWhereCopyOfReturnIsFiled>
      <TheBooksAreInCareOf>
        <NamePerson>WENDY ROWORTH</NamePerson>
        <AddressUS>
          <AddressLine1>4 STEARNS STREET</AddressLine1>
          <City>SWAMPSCOTT</City>
          <State>MA</State>
          <ZIPCode>01907</ZIPCode>
        </AddressUS>
        <TelephoneNumber>7816393120</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <Form720Filed>false</Form720Filed>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <RelatedOrgSection527Org>false</RelatedOrgSection527Org>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>true</FiledScheduleA>
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      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>80559</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>79968</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>87786</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>113827</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>122400</CurrentTaxYear>
        <Total>484540</Total>
      </GiftsGrantsContribReceived170>
      <TaxRevLeviedForOrgBenefit170>
        <Total>0</Total>
      </TaxRevLeviedForOrgBenefit170>
      <ValueSrvcFcltsFurnishedByGovt>
        <Total>0</Total>
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        <CurrentTaxYearMinus4Years>80559</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>79968</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>87786</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>113827</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>122400</CurrentTaxYear>
        <Total>484540</Total>
      </Total170>
      <AmountsSubstContributorsTotal>0</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>484540</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <NetUBI>
        <Total>0</Total>
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      <OtherIncome170>
        <Total>0</Total>
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      <TotalSupport>484540</TotalSupport>
      <PublicSupportPertcentage170>1.00000</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>1.00000</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
    </IRS990ScheduleA>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="12000229" softwareVersion="2012v2.0">
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part II, Line 26.2</Identifier>
        <ReturnReference>Total Liabilities.2</ReturnReference>
        <Explanation>SALES TAXES PAYABLE - Beginning $588 SALES TAXES PAYABLE - Ending $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part II, Line 26.1</Identifier>
        <ReturnReference>Total Liabilities.1</ReturnReference>
        <Explanation>CONTRIBUTIONS TO PTOS PAYABLE - Beginning $22919 CONTRIBUTIONS TO PTOS PAYABLE - Ending $71219</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.7</Identifier>
        <ReturnReference>Other Expenses.7</ReturnReference>
        <Explanation>OTHER EXPENSE $12</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.6</Identifier>
        <ReturnReference>Other Expenses.6</ReturnReference>
        <Explanation>BANK FEES $24</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.5</Identifier>
        <ReturnReference>Other Expenses.5</ReturnReference>
        <Explanation>FILING FEES $85</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.4</Identifier>
        <ReturnReference>Other Expenses.4</ReturnReference>
        <Explanation>BAD DEBTS $119</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.3</Identifier>
        <ReturnReference>Other Expenses.3</ReturnReference>
        <Explanation>MISCELLANEOUS $526</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.2</Identifier>
        <ReturnReference>Other Expenses.2</ReturnReference>
        <Explanation>PAYROLL PROCESSING FEES $1906</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1</Identifier>
        <ReturnReference>Other Expenses.1</ReturnReference>
        <Explanation>INSURANCE $3418</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1002</Identifier>
        <ReturnReference>Other Expenses.1002</ReturnReference>
        <Explanation>Office Expenses $1581</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1001</Identifier>
        <ReturnReference>Other Expenses.1001</ReturnReference>
        <Explanation>Advertising and Promotion $1065</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 10.1</Identifier>
        <ReturnReference>Grants and Similar Amounts Paid In Excess of $5,000.1</ReturnReference>
        <Explanation>Class of Activity: PUBLIC SCHOOL | Donee's Name: MARBLEHEAD PUBLIC SCHOOLS | Donee's Address: 2 HUMPHREY STREET MARBLEHEAD, MA 01945 | Relationship of Donee: RELATED - THRIFT SHOP | Cash Amount Given: $127001</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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