Prince Georges Arts and Humanities Council Inc

Analysis

Prince Georges Arts and Humanities Council Inc is a registered charity in United States, based in Largo, MD. It received its IRS tax-exemption ruling in August 1983, 43 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, Prince Georges Arts and Humanities Council Inc reported income of $2.5m and spending of $2.1m, spending 83% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.5m (+116%), an average of +29% a year. The sharpest change came in the year to June 2022, when income rose by 35%. 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, Prince Georges Arts and Humanities Council Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MD. Charities of a similar size with the same main cause include Springer Opera House Arts Association Inc ($2.5m), Alabama Historic Ironworks Commission ($2.5m) and Memphis Rock-N-Soul Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $199k (9.7% of expenses). Other salaries and wages came to $221k. At year end it held assets of $2.2m against liabilities of $1.1m, net assets of $1.1m. It reported 15 employees.