Arts Council of Calvert County Inc

Analysis

Arts Council of Calvert County Inc is a registered charity in United States, based in PRNC Frederck, MD. It received its IRS tax-exemption ruling in April 1989, 37 years ago. 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, Arts Council of Calvert County Inc reported income of $346k and spending of $314k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $221k to $346k (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arts Council of Calvert County 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 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include SCVTV ($346k), Association of Fundraising Professionals ($346k) and Little League Baseball Inc ($346k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $59k (19% of expenses). Other salaries and wages came to $53k. At year end it held assets of $279k against liabilities of $21k, net assets of $258k. It reported 4 employees.