Bas Melech Performing Arts Program Inc

Analysis

Bas Melech Performing Arts Program Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2013, 13 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 December 2023, Bas Melech Performing Arts Program Inc reported income of $367k and spending of $319k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $367k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bas Melech Performing Arts Program Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Richmond Shakespeare ($367k), Seasonal Music Festival ($367k) and Northwoods Childrens Museum ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $81k (25% of expenses). Other salaries and wages came to $43k. At year end it held assets of $630k against liabilities of $537k, net assets of $93k. It reported 20 employees.