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Access Art Inc

RegisteredEIN 52-2275407Baltimore, MDArts, culture, heritage and science
Income$1.0m2023-06
Spending$1.1msame year
Spent / received97%5-year average
Size in its cause86th pctArts, culture, heritage and science
Exempt since2000Publicly supported organisat
Employees58latest return

Analysis

Access Art Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 2000, 26 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 2023, Access Art Inc reported income of $1.0m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $459k to $1.0m (+128%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Access Art 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 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include White Heron Theatre Company ($1.0m), Chabad Jewish Community of Central London Inc ($1.0m) and Hatch ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $36k (3.4% of expenses). Other salaries and wages came to $701k. At year end it held assets of $346k against liabilities of $134k, net assets of $212k. It reported 58 employees.

Income and spending

$0$267k$534k$801k$1.1m2019 Income: $459,1252019 Spending: $485,06920192020 Income: $553,0412020 Spending: $540,42520202021 Income: $553,7782021 Spending: $571,74220212022 Income: $860,9682022 Spending: $701,11220222023 Income: $1,048,1072023 Spending: $1,067,6762023
IncomeSpending

Where the income comes from

  • Contributions & grants 75%
  • Program services 25%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
White Heron Theatre CompanyNantucket$1.0m
Chabad Jewish Community of Central London IncLong Beach$1.0m
HatchBozeman$1.0m
Greenville Center for Creative ArtsGreenville$1.0m