Baltimore Improv Group Inc

Analysis

Baltimore Improv Group Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Baltimore Improv Group Inc reported income of $294k and spending of $412k, spending 140% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income fell from $386k to $294k (-24%), an average of -8.7% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Baltimore Improv Group Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Nick Loeb Foundation Inc ($294k), Newberry Consort NFP ($294k) and Fresno Athletic Hall of Fame ($294k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $50k (12% of expenses). At year end it held assets of $20k against liabilities of $8,656, net assets of $11k. It reported 1 employees.