Caroline County Council of Arts Incorporated

Analysis

Caroline County Council of Arts Incorporated is a registered charity in United States, based in Denton, MD. It received its IRS tax-exemption ruling in June 1993, 33 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, Caroline County Council of Arts Incorporated reported income of $433k and spending of $296k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $292k to $433k (+48%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 73%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Caroline County Council of Arts Incorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include The Jar ($433k), Dallas Film Society Inc ($433k) and Time and Space Limited Theatre Co Inc ($433k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $66k (22% of expenses). Other salaries and wages came to $40k. At year end it held assets of $594k against liabilities of $76k, net assets of $518k. It reported 5 employees.