Fells Point Creative Alliance Inc

Analysis

Fells Point Creative Alliance Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 1995, 31 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 December 2023, Fells Point Creative Alliance Inc reported income of $2.9m and spending of $2.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $2.9m (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fells Point Creative Alliance Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Buckminster Fuller Institute ($2.9m), John P McGovern Museum of Health & Medical Science ($2.9m) and The Art League Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 21% of the total. Other salaries and wages came to $954k. At year end it held assets of $9.8m against liabilities of $148k, net assets of $9.7m. It reported 54 employees.