Maryland Ensemble Theatre Inc

Analysis

Maryland Ensemble Theatre Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Maryland Ensemble Theatre Inc reported income of $750k and spending of $929k, spending 124% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $608k to $750k (+23%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maryland Ensemble Theatre Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include North Center for Handicapped Children ($750k), Coalition for Engaged Education ($750k) and Hood River County Education Foundation ($750k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 51% of the total. Other salaries and wages came to $310k. At year end it held assets of $921k against liabilities of $616k, net assets of $305k. It reported 8 employees.