Heritage Tourism Alliance of Montgomery County Inc

Analysis

Heritage Tourism Alliance of Montgomery County Inc is a registered charity in United States, based in Germantown, MD. It received its IRS tax-exemption ruling in March 2005, 21 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Heritage Tourism Alliance of Montgomery County Inc reported income of $209k and spending of $194k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $208k to $209k (+0.4%), an average of +0.1% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heritage Tourism Alliance of Montgomery County Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Lunchtime Productions Inc ($209k), Urban Forest Institute ($209k) and Center Stage Theater ($209k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $95k (49% of expenses). Other salaries and wages came to $18k. At year end it held assets of $334k against liabilities of $36k, net assets of $298k. It reported 2 employees.