Maryland Humanities Council Inc

Analysis

Maryland Humanities Council Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 1978, 48 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 October 2023, Maryland Humanities Council Inc reported income of $1.8m and spending of $2.5m, spending 136% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $2.1m to $1.8m (-12%), an average of -3.1% a year. The sharpest change came in the year to October 2023, when income dropped by 39%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maryland Humanities Council Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Canton Symphony Orchestra Association ($1.8m), Canterbury Shaker Village Inc ($1.8m) and Nordic Northwest ($1.8m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $150k (6.1% of expenses). Other salaries and wages came to $807k. At year end it held assets of $2.2m against liabilities of $138k, net assets of $2.0m. It reported 19 employees.