Mount Vernon Virtuosi Inc

Analysis

Mount Vernon Virtuosi Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2019, 7 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, Mount Vernon Virtuosi Inc reported income of $274k and spending of $172k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $274k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mount Vernon Virtuosi Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Columbus and Central Ohio Childrens Chorus Foundation ($274k), Lower Bottom Playaz Inc ($274k) and National Queer Theater Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $32k. At year end it held assets of $162k against liabilities of $1,410, net assets of $161k. It reported 1 employees.