Friends of the Dayton Arcade

Analysis

Friends of the Dayton Arcade is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 2008, 18 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, Friends of the Dayton Arcade reported income of $3.8m and spending of $221k, leaving 94% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.0m to $3.8m (+264%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 31190%. Over the whole period it spent 9.5% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Dayton Arcade sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Daily Caller News Foundation ($3.8m), Lowell Observatory Foundation ($3.8m) and Sacramento Ballet Association ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. At year end it held assets of $8.6m against liabilities of $3.2m, net assets of $5.3m.