Mar-va Theater Performing Arts Center Inc is a 501(c)(3) organization based in Pocomoke City, Maryland, registered in 1996, with $175,093 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$175K
▲ 5.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$178K
Net assets
$287K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mar-va Theater Performing Arts Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mar-va Theater Performing Arts Center Inc: 19 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mar-va Theater Performing Arts Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mar-va Theater Performing Arts Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $148K (FY2015) to $175K (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-1.4%
Spent more than it raised in the latest fiscal year.
Total assets
$288K
Total liabilities
$882
Net assets
$287K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $175,093▲5.0% | $177,566▲9.2% | $286,813▼2.7% | $287,695▼13.2% | 990 |
| 2022 | $166,709▲33.2% | $162,669▲30.1% | $294,872▲1.5% | $331,388▼2.7% | 990 |
| 2021 | $125,160▲34.4% | $125,036▼19.9% | $290,605 | $340,605▼8.1% | 990 |
| 2020 | $93,136▼51.9% | $156,109▼14.8% | $290,481▼17.8% | $370,792▼17.2% | 990 |
| 2019 | $193,462▲33.5% | $183,183▼11.7% | $353,454▲3.4% | $447,695▼2.3% | 990 |
| 2018 | $144,922▼9.3% | $207,434▼6.2% | $341,911▼15.5% | $458,258▼13.9% | 990 |
| 2017 | $159,719▲22.2% | $221,169▲1.6% | $404,423▼13.2% | $532,089▼11.9% | 990 |
| 2016 | $130,700▼11.6% | $217,587▼7.0% | $465,873▼15.7% | $603,677▼11.2% | 990 |
| 2015 | $147,825 | $233,871 | $552,760 | $679,760 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Mar-va Theater Performing Arts Center Inc (EIN 52-1993880) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.