The Art Glass Center Glen Echo Incorporated

Analysis

The Art Glass Center Glen Echo Incorporated is a registered charity in United States, based in Glen Echo, MD. It received its IRS tax-exemption ruling in March 2008, 18 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 December 2023, The Art Glass Center Glen Echo Incorporated reported income of $140k and spending of $117k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $140k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Art Glass Center Glen Echo Incorporated sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Seattle Chinese School ($140k), Reading Civic Opera Society Incorporated ($140k) and Cincinnati Academy of Performing Arts ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.