Baltimore Choral Arts Society Inc

Analysis

Baltimore Choral Arts Society Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 1966, 60 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, Baltimore Choral Arts Society Inc reported income of $718k and spending of $798k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $810k to $718k (-11%), an average of -4.0% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Baltimore Choral Arts Society Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include United Seattle & Bellevue Korean School ($717k), Only a Dim Image Productions ($718k) and Thunderheart Media Inc ($717k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $216k (27% of expenses). Other salaries and wages came to $99k. At year end it held assets of $2.2m against liabilities of $75k, net assets of $2.2m. It reported 6 employees.