Columbia Pro Cantare Ltd

Analysis

Columbia Pro Cantare Ltd is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Columbia Pro Cantare Ltd reported income of $168k and spending of $165k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $160k to $168k (+4.7%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbia Pro Cantare Ltd sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Bob Carters Actors Workshop & Repertory Company Inc ($168k), Triangle Artworks Inc ($168k) and American Friends of Maru a Pula School Inc ($168k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $34k (21% of expenses). At year end it held assets of $14k against liabilities of $14k, net assets of -$606. It reported 5 employees.