Dr Martin Luther King Jr Awards Dinner Committee Inc

Analysis

Dr Martin Luther King Jr Awards Dinner Committee Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in April 2002, 24 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, Dr Martin Luther King Jr Awards Dinner Committee Inc reported income of $130k and spending of $143k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $130k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dr Martin Luther King Jr Awards Dinner Committee Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MD. Charities of a similar size with the same main cause include Sun Valley Opera Company ($130k), Spectacular Folles ($130k) and Gothenburg Community Playhouse Association ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.