Baltimore Theatre Project

Analysis

Baltimore Theatre Project is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 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, Baltimore Theatre Project reported income of $191k and spending of $220k, spending 115% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $258k to $191k (-26%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Baltimore Theatre Project sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Ballet Theatre of Carmel Academy ($191k), Creative Dreams Outreach Center Inc ($191k) and Seattle Swing Dance Club ($191k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 54% of the total. At year end it held assets of $222k against liabilities of $100k, net assets of $121k.