The Worcester County Arts Council Inc
Analysis
The Worcester County Arts Council Inc is a registered charity in United States, based in Berlin, MD. It received its IRS tax-exemption ruling in March 1978, 48 years ago. 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 2024, The Worcester County Arts Council Inc reported income of $215k and spending of $217k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $158k to $215k (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 77% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Worcester County Arts Council Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Vernon County Youth Fair ($215k), Pine Hill Fire Department Inc ($215k) and Treasured Friends Inc ($215k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 6.5% of the total. Other salaries and wages came to $88k. At year end it held assets of $501k against liabilities of $143, net assets of $501k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 6.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vernon County Youth Fair | Nevada | $215k |
| Pine Hill Fire Department Inc | Aberdeen | $215k |
| Treasured Friends Inc | Highland | $215k |
| Golden Homes Inc | Torrington | $215k |