George C Marshall International Center Inc

Analysis

George C Marshall International Center Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in June 1989, 37 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, George C Marshall International Center Inc reported income of $880k and spending of $732k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $880k (-30%), an average of -8.4% a year. The sharpest change came in the year to December 2020, when income dropped by 62%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, George C Marshall International Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Grand Center for Arts & Culture Inc ($880k), Commonwealth Theatre Center Inc ($881k) and Riffraff Arts Collective Inc ($880k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $120k (16% of expenses). Other salaries and wages came to $114k. At year end it held assets of $6.0m against liabilities of $944k, net assets of $5.0m.