Magical Minds Studio Salary

As of August 2026, the average annual salary for employees at Magical Minds Studio in the United States is $91,156. This translates to an approximate hourly wage of $44. Salaries at Magical Minds Studio typically range from $79,704 to $104,294 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magical Minds Studio Pay for Different Roles?

Explore detailed salary information for specific jobs at Magical Minds Studio. Based on our data, the highest paying job is the Studio Coordinator, with an annual salary of $69,036. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Magical Minds Studio’s Pay Competitive? Salary Benchmarking Analysis

How does Magical Minds Studio's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Friendly Water $87,485
-4.0%
Friendly Water may offer non-monetary perks in lieu of competitive base salaries.
Phoenicia Specialty Foods Inc $89,173
-2.2%
Indicates identical technical requirements and experience levels between the two firms.
OhioMeansJobs $83,034
-8.9%
Reflects market rates for standard general contracting, differing from specialized roles.
Golden Eagle Charter Inc $85,903
-5.8%
Normalized for lower cost-of-living zones where Golden Eagle Charter Inc primarily operates.
Edu., Gov't. & Nonprofit Industry $115,341
+26.5%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Magical Minds Studio

Considering a career at Magical Minds Studio? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Leadership support is hit or miss. New ideas are welcomed, and feedback is taken seriously. The work-life balance offered by is a significant positive. Procedures are mostly followed, though updates can be delayed. Easy to collaborate with and very dependable.
The mission is clear, but innovation is limited by strict policies. It's a job where you can truly feel like you're building a better society. Working here offers a sense of structure and security, but it can feel stagnant at times. Many policies are outdated and difficult to navigate. Overall, the company’s commitment to innovation and community impact creates a motivating atmosphere where everyo...
Communication is consistent, expectations are clear, and opportunities for growth exist if you're proactive. They are open to new ideas for efficiency and effectiveness, from digitalizing processes to implementing new teaching methodologies. This organization fosters a strong sense of community, emphasizing employee growth, collaboration, and professional development. Supportive leadership and cle...

Magical Minds Studio Overview

Website
www.magicalmindsstudio.com
Founded In
2011
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
110 Madison St Oak Park Illinois IL 60302
Revenue
$5 Million - $10 Million
Phone Number
+1 7089487934
Social Media
About Magical Minds Studio
Magical Minds Studio is a creative learning environment for children 18 months and older. The studio is designed for children to come and express themselves, grow their spirits, work on skills that will help them in future educational settings and have fun! We are now offering Passport 2 Preschool and After School Workshops

What Benefits Does Magical Minds Studio Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magical Minds Studio offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Oak Park?

Understanding the cost of living near Oak Park is key to truly evaluating a salary offer or your current compensation at Magical Minds Studio.
Oak Park's Cost of Living Index is approximately 118.9 (18.9% more expensive than US average; 26.8% more than IL average). Inner-ring Chicago suburb, historic, desirable, high housing costs. Pace bus, CTA Green/Blue Lines, Metra. When planning your budget based on a salary from Magical Minds Studio, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Magical Minds Studio salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/CTA/Metra (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,000 - $4,750+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magical Minds Studio

1. What is the average salary for employees at Magical Minds Studio?

The average annual total compensation for employees at Magical Minds Studio is approximately $91,156. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,704 to $104,294, depending on factors like job role, experience, and location.

2. How much does Magical Minds Studio pay compared to Friendly Water?

The average annual salary at Magical Minds Studio is $91,156, or an hourly wage of $44, in comparison to Friendly Water which pays $87,485 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Magical Minds Studio?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Magical Minds Studio for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Magical Minds Studio offer cost-of-living adjustments (COLA) for employees in high-cost areas like Oak Park?

While some companies offer formal COLA, many, including potentially Magical Minds Studio, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Magical Minds Studio?

Most companies, likely including Magical Minds Studio, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.