Greater Baltimore Cultural Alliance

Analysis

Greater Baltimore Cultural Alliance is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 2002, 24 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, Greater Baltimore Cultural Alliance reported income of $955k and spending of $1.2m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $652k to $955k (+46%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Baltimore Cultural Alliance sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Capital Region Classical Inc ($955k), Brookline I L Peretz School of the Workmens Circle Inc ($955k) and Goshen Historic Track Inc ($955k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $155k (13% of expenses). Other salaries and wages came to $406k. At year end it held assets of $410k against liabilities of $261k, net assets of $149k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.