Baltimore Streetcar Museum Inc

Analysis

Baltimore Streetcar Museum Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1967, 59 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 Streetcar Museum Inc reported income of $271k and spending of $190k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $685k to $271k (-60%), an average of -21% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 49% 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 Streetcar Museum Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Eileen S Kaminsky Family Foundation ($271k), Osfna1 ($271k) and Noe Valley Chamber Music ($271k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 26% of the total. At year end it held assets of $2.4m against liabilities of $4,800, net assets of $2.4m.