Cecil County Arts Council Inc

Analysis

Cecil County Arts Council Inc is a registered charity in United States, based in Elkton, MD. It received its IRS tax-exemption ruling in April 1979, 47 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, Cecil County Arts Council Inc reported income of $311k and spending of $319k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $198k to $311k (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cecil County Arts Council Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Pflag Charlotte Inc ($310k), St Lucas Riverside Apartments Inc ($311k) and Arc of Douglas County ($310k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $97k. At year end it held assets of $415k against liabilities of $8,200, net assets of $407k. It reported 2 employees.