Salisbury Wicomico Arts Council
Analysis
Salisbury Wicomico Arts Council is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in February 1969, 57 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 June 2023, Salisbury Wicomico Arts Council reported income of $305k and spending of $204k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $193k to $305k (+59%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 79% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Salisbury Wicomico Arts Council sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Brooks Preservation Society ($305k), American Society for Eighteenth Century Studies ($305k) and Art Guild of Burlington Inc ($305k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.8% of the total. Other salaries and wages came to $107k. At year end it held assets of $803k against liabilities of $70k, net assets of $733k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 6.8%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brooks Preservation Society | Brooks | $305k |
| American Society for Eighteenth Century Studies | Corvallis | $305k |
| Art Guild of Burlington Inc | Burlington | $305k |
| Art Escape | Sonoma | $305k |