Hagerstown Community Concert Association Inc

Analysis

Hagerstown Community Concert Association Inc is a registered charity in United States, based in Sharpsburg, MD. It received its IRS tax-exemption ruling in January 1984, 42 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, Hagerstown Community Concert Association Inc reported income of $96k and spending of $96k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $93k to $96k (+3.0%), an average of +3.0% a year. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hagerstown Community Concert Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Storybook Theatre of Hawaii ($96k), International Society of Systems Sciences ($96k) and Brain Trauma Foundation Inc ($96k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 23% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.