Baltimore County African American Cultural Festival Inc

Analysis

Baltimore County African American Cultural Festival Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in August 1997, 29 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, Baltimore County African American Cultural Festival Inc reported income of $102k and spending of $105k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $102k (+12%), an average of +12% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Baltimore County African American Cultural Festival Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Redline Youth Performance Ensemble ($102k), Spirit of the Fourth Inc ($102k) and Founders Benefactors Supervisors & Friends of Frying Pan FRM Park Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.