Maroon Arts Group

Analysis

Maroon Arts Group is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 2016, 10 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, Maroon Arts Group reported income of $1.9m and spending of $497k, leaving 74% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $341k to $1.9m (+469%), an average of +79% a year. The sharpest change came in the year to December 2021, when income rose by 322%. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maroon Arts Group sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Fiji Theater Company Inc ($1.9m), Ballet Magnificat ($1.9m) and Henry H Stambaugh Auditorium Association ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $3.6m against liabilities of $700k, net assets of $2.9m.