Francis Poulenc Trio

Analysis

Francis Poulenc Trio is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Francis Poulenc Trio reported income of $64k and spending of $64k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $53k to $64k (+20%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Francis Poulenc Trio sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Binghamton Downtown Singers Inc ($64k), Word Dance Theatre Inc ($64k) and Greenville Junction Depot Friends ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $35k (55% of expenses). Other salaries and wages came to $16k. At year end it held assets of $36k against liabilities of $0, net assets of $36k.