Charles County Arts Alliance Inc

Analysis

Charles County Arts Alliance Inc is a registered charity in United States, based in LA Plata, MD. It received its IRS tax-exemption ruling in August 1988, 38 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, Charles County Arts Alliance Inc reported income of $222k and spending of $245k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $227k to $222k (-2.0%), an average of -2.0% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Charles County Arts Alliance Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Kentucky Local Issues Conference Inc ($222k), Rocky Mountain Mathematics Consortium Inc ($222k) and The Homewood Cemetery Historical Fund ($222k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $70k (29% of expenses). At year end it held assets of $113k against liabilities of $0, net assets of $113k. It reported 3 employees.