Shriver Hall Concert Series Inc

Analysis

Shriver Hall Concert Series Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1972, 54 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, Shriver Hall Concert Series Inc reported income of $699k and spending of $643k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $619k to $699k (+13%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shriver Hall Concert Series 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 74th percentile within MD. Charities of a similar size with the same main cause include Choroideremia Research Foundation Inc ($699k), Friends of Washington Crossing Park ($699k) and Fayetteville Community Center Group ($699k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $98k (15% of expenses). Other salaries and wages came to $56k. At year end it held assets of $3.5m against liabilities of $239k, net assets of $3.3m. It reported 3 employees.