Make Studio Art Program Inc

Analysis

Make Studio Art Program Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2011, 15 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, Make Studio Art Program Inc reported income of $332k and spending of $328k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $332k (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Make Studio Art Program Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Ausable Artisan Village ($332k), Piatigorsky Foundation ($332k) and Friends of Linden Hill Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $111k (34% of expenses). Other salaries and wages came to $65k. At year end it held assets of $102k against liabilities of $17k, net assets of $84k. It reported 7 employees.