Peale Center for Baltimore History and Architecture Inc

Analysis

Peale Center for Baltimore History and Architecture Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 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 (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, Peale Center for Baltimore History and Architecture Inc reported income of $1.0m and spending of $927k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $971k to $1.0m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peale Center for Baltimore History and Architecture Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Just Buffalo Literary Center Inc ($1.0m), The Heart of America Shakespeare Festival ($1.0m) and Maine Inside Out ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $306k. At year end it held assets of $4.3m against liabilities of $668k, net assets of $3.7m. It reported 26 employees.