Ripm Consortium Ltd

Analysis

Ripm Consortium Ltd is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 1998, 28 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, Ripm Consortium Ltd reported income of $1.8m and spending of $1.0m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ripm Consortium Ltd sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Workingfilms Inc ($1.8m), Sagamore Institute of the Adirondacks Inc ($1.8m) and Nasw Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 85% of the total. Compensation of current officers, directors and key employees was $160k (15% of expenses). At year end it held assets of $6.8m against liabilities of $7,177, net assets of $6.8m. It reported 17 employees.