Carroll County Arts Council

Analysis

Carroll County Arts Council is a registered charity in United States, based in Westminster, MD. It received its IRS tax-exemption ruling in January 1977, 49 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, Carroll County Arts Council reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $645k to $1.1m (+67%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 234%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carroll County Arts Council sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Snow City Arts Foundation ($1.1m), Lyric Opera of Kansas City FDN ($1.1m) and Aubin Pictures Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $93k (8.7% of expenses). Other salaries and wages came to $331k. At year end it held assets of $1.0m against liabilities of $1,547, net assets of $1.0m. It reported 24 employees.