Arts for Learning Maryland Inc

Analysis

Arts for Learning Maryland Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 1959, 67 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 August 2023, Arts for Learning Maryland Inc reported income of $14.6m and spending of $13.0m, spending 89% of its income. Across the 6 years on record, from June 2019 to August 2023, income grew from $6.4m to $14.6m (+127%), an average of +18% a year. The sharpest change came in the year to August 2020, when income rose by 188%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts for Learning Maryland Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Cincinnati Public Radio Inc ($14.6m), Artsfund ($14.6m) and Washington Pavilion Management Inc ($14.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $184k (1.4% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $13.6m against liabilities of $1.8m, net assets of $11.8m. It reported 527 employees.