Annapolis Arts Alliance Inc

Analysis

Annapolis Arts Alliance Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in September 2004, 22 years ago. 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, Annapolis Arts Alliance Inc reported income of $285k and spending of $280k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $313k to $285k (-9.1%), an average of -4.7% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Annapolis Arts Alliance Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Charlevoix Historical Society ($285k), Trustees of Purdue University ($285k) and Pop Warner Little Scholars Inc ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 82% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.