Baltimore Chamber Orchestra Inc

Analysis

Baltimore Chamber Orchestra Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in September 1984, 42 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 2023, Baltimore Chamber Orchestra Inc reported income of $287k and spending of $437k, spending 152% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $352k to $287k (-18%), an average of -5.0% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 107% 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 Chamber Orchestra Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Providential Heritage Academy ($287k), Old Red Courthouse Inc ($287k) and Diw Real Estate Holdings Corp ($287k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $71k (16% of expenses). Other salaries and wages came to $218k. At year end it held assets of $60k against liabilities of $30k, net assets of $30k. It reported 87 employees.