Baltimore Improv Group Inc
Baltimore Improv Group faces significant financial deficit and declining assets in latest fiscal year.
EIN: 201493698 · Baltimore, MD · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $294K |
| Total Expenses | $412K |
| Program Spending | 80% |
| Net Assets | $11K |
| Transparency Score | 70/100 |
Is Baltimore Improv Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Baltimore Improv Group Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Baltimore Improv Group Inc
Baltimore Improv Group Inc (EIN: 201493698) is a nonprofit organization based in Baltimore, MD, classified under NTEE code A60. The organization reported total revenue of $294K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baltimore Improv Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Baltimore Improv Group Inc is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $294K |
| Total Expenses | $412K |
| Surplus / Deficit | $-118,348 |
| Total Assets | $20K |
| Total Liabilities | $9K |
| Net Assets | $11K |
| Operating Margin | -40.3% |
| Debt-to-Asset Ratio | 43.7% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2023, Baltimore Improv Group Inc reported a deficit of $118K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 43.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Baltimore Improv Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.1% | +48.9% | -84.6% |
| 2022 | -23.3% | +11.6% | -36.3% |
| 2021 | -23.8% | -38.0% | +291.0% |
| 2019 | +10.3% | +16.1% | -21.1% |
| 2018 | +17.0% | +9.0% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Baltimore Improv Group Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Baltimore Improv Group Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $118K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Baltimore Improv Group Inc's IRS 990 filings:
- Significant operating deficit in the latest fiscal year ($118,348 in 202309).
- Sharp decline in net assets from $128,176 in 202209 to $19,790 in 202309.
- Increase in liabilities to $8,656 in the latest period, indicating potential short-term financial strain.
- Expenses consistently exceeding revenue in recent years (202309 and 202209).
Strengths
The following positive indicators were identified for Baltimore Improv Group Inc:
- Consistent filing of IRS Form 990s over 12 periods, demonstrating transparency.
- 0% officer compensation reported across all filings, indicating efficient use of funds for executive pay.
- Long operational history since at least 2013, showing sustained community presence.
- Mission-focused, as implied by the NTEE code A60 (Arts, Culture, and Humanities).
Frequently Asked Questions about Baltimore Improv Group Inc
Is Baltimore Improv Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Baltimore Improv Group Inc (EIN: 201493698) some concerns. Mission Score: 70/100. 4 red flags identified, 4 strengths noted.
How does Baltimore Improv Group Inc spend its money?
Baltimore Improv Group Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Baltimore Improv Group Inc tax-deductible?
Baltimore Improv Group Inc is registered as a tax-exempt nonprofit (EIN: 201493698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Baltimore Improv Group Inc's spending goes to programs?
Baltimore Improv Group Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Baltimore Improv Group Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Baltimore Improv Group Inc is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Baltimore Improv Group Inc located?
Baltimore Improv Group Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 201493698. It is classified under NTEE code A60.
How many years of IRS 990 filings does Baltimore Improv Group Inc have?
Baltimore Improv Group Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $294K in total revenue.
What caused the significant deficit of $118,348 in the 202309 fiscal period?
The provided data indicates that expenses ($412,055) significantly outpaced revenue ($293,707) in the latest period, but the specific reasons for this gap (e.g., increased program costs, decreased donations, one-time expenses) are not detailed in the summary.
Why did the organization's assets decrease so sharply from $128,176 in 202209 to $19,790 in 202309?
The substantial drop in assets suggests the organization may have used its reserves to cover operating deficits or made significant capital expenditures. Further investigation into the full 990 form would be needed to understand the specific asset changes.
How does Baltimore Improv Group Inc plan to address its current financial deficits and rebuild its asset base?
The summary data does not provide information on future financial strategies. Given the recent deficits, understanding their plan for financial sustainability is crucial.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed functional expense breakdown, which is essential for a precise assessment of spending efficiency. A full IRS 990 filing would contain this information.
Filing History
IRS 990 filing history for Baltimore Improv Group Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Baltimore Improv Group Inc's revenue has grown by 315.2%, moving from $71K to $294K. Total assets decreased by 42.7% over the same period, from $35K to $20K. Total functional expenses rose by 695.6%, from $52K to $412K. In its most recent filing year (2023), Baltimore Improv Group Inc reported a deficit of $118K, with expenses exceeding revenue. The organization holds $9K in liabilities against $20K in assets (debt-to-asset ratio: 43.7%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $294K | $412K | $20K | $9K | — | View 990 |
| 2022 | $226K | $277K | $128K | $0 | — | View 990 |
| 2021 | $294K | $248K | $201K | $122K | — | View 990 |
| 2019 | $386K | $400K | $51K | $0 | — | View 990 |
| 2018 | $350K | $344K | $65K | $0 | — | View 990 |
| 2017 | $299K | $316K | $60K | $0 | — | View 990 |
| 2016 | $217K | $207K | $77K | $0 | — | View 990 |
| 2015 | $195K | $183K | $68K | $0 | — | View 990 |
| 2014 | $145K | $154K | $53K | $0 | — | View 990 |
| 2013 | $101K | $96K | $57K | $0 | — | View 990 |
| 2012 | $97K | $81K | $51K | $0 | — | View 990 |
| 2011 | $71K | $52K | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $294K, expenses of $412K, and assets of $20K (revenue +30.1% year-over-year).
- 2022: Revenue of $226K, expenses of $277K, and assets of $128K (revenue -23.3% year-over-year).
- 2021: Revenue of $294K, expenses of $248K, and assets of $201K (revenue -23.8% year-over-year).
- 2019: Revenue of $386K, expenses of $400K, and assets of $51K (revenue +10.3% year-over-year).
- 2018: Revenue of $350K, expenses of $344K, and assets of $65K (revenue +17.0% year-over-year).
- 2017: Revenue of $299K, expenses of $316K, and assets of $60K (revenue +37.7% year-over-year).
- 2016: Revenue of $217K, expenses of $207K, and assets of $77K (revenue +11.1% year-over-year).
- 2015: Revenue of $195K, expenses of $183K, and assets of $68K (revenue +34.6% year-over-year).
- 2014: Revenue of $145K, expenses of $154K, and assets of $53K (revenue +43.7% year-over-year).
- 2013: Revenue of $101K, expenses of $96K, and assets of $57K (revenue +4.7% year-over-year).
- 2012: Revenue of $97K, expenses of $81K, and assets of $51K (revenue +36.4% year-over-year).
- 2011: Revenue of $71K, expenses of $52K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Baltimore Improv Group Inc:
Data Sources and Methodology
This transparency report for Baltimore Improv Group Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.