Bach Concert Series

Analysis

Bach Concert Series is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2009, 17 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, Bach Concert Series reported income of $299k and spending of $234k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $183k to $299k (+63%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bach Concert Series sits at the 68th 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 61st percentile within MD. Charities of a similar size with the same main cause include Spark Photonics Foundation Inc ($299k), Santa Cruz Childrens Museum of Discovery ($299k) and Twin Cities Catalyst Music Inc ($299k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $75k (32% of expenses). At year end it held assets of $525k against liabilities of $34k, net assets of $491k.