HST Cultural Arts Inc

Analysis

HST Cultural Arts Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in February 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, HST Cultural Arts Inc reported income of $275k and spending of $266k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $254k to $275k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, HST Cultural Arts Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Heritage Museum Foundation at Grissom Air Force Base Indiana ($275k), Mt Holly Cemetery Association ($275k) and Sauk County Historical Society Inc ($275k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $46k (17% of expenses). At year end it held assets of $32k against liabilities of $0, net assets of $32k. It reported 1 employees.