Arts Education in Maryland Schools Alliance Inc
Analysis
Arts Education in Maryland Schools Alliance Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 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 June 2024, Arts Education in Maryland Schools Alliance Inc reported income of $1.0m and spending of $847k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $786k to $1.0m (+29%), an average of +5.2% a year. The sharpest change came in the year to June 2024, when income rose by 96%. Over the whole period it spent 103% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Education in Maryland Schools Alliance Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Presbyterian Association of Musicians ($1.0m), Live Arts Inc ($1.0m) and H H Dorje Chang Buddha III Cultural and Art Museum ($1.0m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $93k (11% of expenses). Other salaries and wages came to $234k. At year end it held assets of $299k against liabilities of $48k, net assets of $251k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 19%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Presbyterian Association of Musicians | Louisville | $1.0m |
| Live Arts Inc | Charlottesvle | $1.0m |
| H H Dorje Chang Buddha III Cultural and Art Museum | Covina | $1.0m |
| Millicent Rogers Museum Inc | Taos | $1.0m |