Is Maryland Center For The Visual And Performing Arts Inc Legit?
Quick charity verification for Maryland Center For The Visual And Performing Arts Inc (EIN: 203022352)
Verdict: Maryland Center For The Visual And Performing Arts Inc appears trustworthy
90/100Mission Score
$208KRevenue
$1.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and strong asset growth, from $324,431 in 2019 to $1,473,815 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
Positive trend in revenue generation, increasing from $288,148 in 2019 to $526,792 in 2023.
Healthy financial reserves, with assets significantly exceeding liabilities (e.g., $1,473,815 assets vs. $58,734 liabilities in 2023).
Long filing history (14 filings) demonstrating consistent compliance and transparency.
Spending Breakdown
How Maryland Center For The Visual And Performing Arts Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Maryland Center For The Visual And Performing Arts Inc
Is Maryland Center For The Visual And Performing Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maryland Center For The Visual And Performing Arts Inc (EIN: 203022352) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Maryland Center For The Visual And Performing Arts Inc a good charity to donate to?
Maryland Center For The Visual And Performing Arts Inc has a Mission Score of 90/100. Revenue: $208K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Maryland Center For The Visual And Performing Arts Inc?
The Employer Identification Number (EIN) for Maryland Center For The Visual And Performing Arts Inc is 203022352. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Maryland Center For The Visual And Performing Arts Inc spend its money?
Maryland Center For The Visual And Performing Arts Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Maryland Center For The Visual And Performing Arts Inc's tax-exempt status?
You can verify Maryland Center For The Visual And Performing Arts Inc's tax-exempt status using EIN 203022352 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Maryland Center For The Visual And Performing Arts Inc demonstrates a strong and improving financial position. Over the past five years, the organization has consistently increased its assets, growing from $324,431 in 2019 to $1,473,815 in 2023, indicating sound financial management and growth. Revenue has also shown a positive trend, with a significant jump from $288,148 in 2019 to $526,792 in 2023, suggesting increasing support for its programs.
The organization appears to be spending efficiently, as evidenced by its program spending ratio. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the consistent growth in assets alongside increasing revenue and controlled expenses (e.g., $233,034 in expenses against $526,792 revenue in 2023) suggests a healthy operational model. The absence of officer compensation further enhances its transparency and commitment to directing funds towards its mission.
Overall, the Maryland Center For The Visual And Performing Arts Inc exhibits good financial health, responsible asset accumulation, and a clear dedication to its mission, supported by its consistent financial filings and zero reported officer compensation.