Arts Council of Anne Arundel County Inc

Analysis

Arts Council of Anne Arundel County Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Arts Council of Anne Arundel County Inc reported income of $1.6m and spending of $1.5m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.6m (+27%), an average of +4.9% a year. The sharpest change came in the year to June 2021, when income rose by 109%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arts Council of Anne Arundel County Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Tacoma Community Boat Builders Inc ($1.6m), Lutheran Social Services Foundation of Upstate New York Inc ($1.6m) and Arches Alaska ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $163k (11% of expenses). Other salaries and wages came to $236k. At year end it held assets of $1.3m against liabilities of $22k, net assets of $1.3m. It reported 5 employees.