Dorchester Center for the Arts Inc

Analysis

Dorchester Center for the Arts Inc is a registered charity in United States, based in Cambridge, MD. It received its IRS tax-exemption ruling in February 1972, 54 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 2024, Dorchester Center for the Arts Inc reported income of $405k and spending of $346k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $250k to $405k (+62%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 57%. 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, Dorchester Center for the Arts Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Mizna ($405k), Tacoma Opera Association ($405k) and Indian Cultural Heritage Foundation ($405k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 14% of the total. Other salaries and wages came to $160k. At year end it held assets of $1.5m against liabilities of $3,584, net assets of $1.5m. It reported 10 employees.