Queen Annes County Art Council Inc

Analysis

Queen Annes County Art Council Inc is a registered charity in United States, based in Centreville, MD. It received its IRS tax-exemption ruling in May 1980, 46 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 2024, Queen Annes County Art Council Inc reported income of $297k and spending of $341k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $204k to $297k (+46%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Queen Annes County Art Council Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Historic Downtown Chelanassociation ($297k), Northville Art House Incorporated ($297k) and Vanport Mosaic ($297k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $72k (21% of expenses). Other salaries and wages came to $85k. At year end it held assets of $868k against liabilities of $17k, net assets of $850k. It reported 4 employees.