Washington County Arts Council Inc

Analysis

Washington County Arts Council Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in May 1969, 57 years ago. 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 June 2024, Washington County Arts Council Inc reported income of $359k and spending of $293k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $235k to $359k (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington County Arts Council Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Community Playground of Columbia Inc ($358k), There Is More Ministries Inc ($359k) and Loretto Apartments Housing Development Fund Co Inc ($358k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $95k. It paid $1,000 in professional fundraising fees. At year end it held assets of $427k against liabilities of $3,387, net assets of $424k. It reported 2 employees.