Maryland Art Place Inc
Only null% goes to programs Thin reserves Growing revenue
Maryland Art Place Inc is a 501(c)(3) organization based in Baltimore, Maryland, registered in 1981, with $573,020 in FY2024 revenue. CharityIndex grades it D.
218 West Saratoga Street, Baltimore, MD, 21201 EIN 52-1210213 Since 1981
Revenue (FY2024)
$573K
▲ 69.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$439K
Net assets
-$174K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Maryland Art Place Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +23% margin
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 Maryland Art Place Inc: 0 mo reserves · +23% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Maryland Art Place Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Maryland Art Place Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 218 West Saratoga Street, Baltimore, MD, 21201
- City
- Baltimore
- State
- Maryland
- Category
- Arts, Culture & Humanities
- Subcategory
- Visual Arts
- Website
- …
Financial trends
Revenue grew from $88K (FY2013) to $573K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $773KNet assets -$174K
Operating margin
23.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$599K
Total liabilities
$773K
Net assets
-$174K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $573,020▲69.1% | $439,401▲17.9% | -$174,197▲38.1% | $598,825▼16.3% | 990 |
| 2023 | $338,917▲25.5% | $372,549▲15.0% | -$281,190▼13.6% | $715,174▲26.7% | 990 |
| 2022 | $270,146▲2.5% | $324,089▲23.0% | -$247,558▼27.9% | $564,340▼0.7% | 990 |
| 2021 | $263,507▼24.5% | $263,492▲4.2% | -$193,615 | $568,549▲3.5% | 990 |
| 2020 | $348,839▲34.6% | $252,818▼14.4% | -$193,630▲33.2% | $549,508▲67.1% | 990 |
| 2019 | $259,148▲13.3% | $295,317▲25.7% | -$289,651▼14.3% | $328,938▲5.4% | 990 |
| 2018 | $228,828▲37.3% | $234,930▲50.8% | -$253,482▼2.5% | $312,214▼4.3% | 990 |
| 2017 | $166,688▲38.4% | $155,760▼2.2% | -$247,380▲4.2% | $326,286▼4.9% | 990 |
| 2016 | $120,444▲19.1% | $159,327▲5.7% | -$258,308▲25.0% | $343,176▼10.0% | 990 |
| 2015 | $101,127▼26.7% | $150,720▼23.6% | -$344,425▼16.8% | $381,188▼8.9% | 990 |
| 2014 | $138,006▲56.8% | $197,210▼38.2% | -$294,832▼26.6% | $418,265▼16.3% | 990 |
| 2013 | $88,002 | $318,856 | -$232,858 | $499,961 | 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.
Grants received · $474K total
12 grants to Maryland Art Place Inc totaling $474K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Common Counsel Foundation | Druid hill studio | 2024 | $65,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $50,000 |
| Common Counsel Foundation | Project support druid hill studio | 2023 | $16,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $101,000 |
| Johns Hopkins University | Contribution | 2022 | $50,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $50,000 |
| Common Counsel Foundation | Project support for arts and culture education | 2022 | $32,500 |
| Silicon Valley Community Foundation | Arts & culture | 2022 | $25,000 |
| Common Counsel Foundation | Project support for druid hill art studio | 2021 | $74,040 |
| Baltimore Community Foundation Inc | General support and various projects | 2018 | $6,500 |
| National Foundation For Affordable Housing Solutions Inc | Develop and maintain an environment for artists to exhibit their work and facilitate exchanges between artists and the public through educational leadership | 2018 | $2,000 |
| National Foundation For Affordable Housing Solutions Inc | Develop and maintain an environment for artists to exhibit their work and facilitate exchanges between artists and the public through educational leadership | 2018 | $2,000 |
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Compare Maryland Art Place Inc
Frequently asked questions
- Is Maryland Art Place Inc a legitimate nonprofit?
- Yes. Maryland Art Place Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1210213, based in Baltimore, Maryland. Donations are tax-deductible.
- What is Maryland Art Place Inc's EIN?
- Maryland Art Place Inc's Employer Identification Number (EIN) is 52-1210213.
- How much revenue does Maryland Art Place Inc report?
- Maryland Art Place Inc reported $573,020 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Maryland Art Place Inc have?
- CharityIndex grades Maryland Art Place Inc D, based on financial health (reserves and operating margin).
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Data for Maryland Art Place Inc (EIN 52-1210213) 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.