Maryland Center For The Visual And Performing Arts Inc
Maryland Center For The Visual And Performing Arts Inc shows strong asset growth and no executive compensation.
EIN: 203022352 · Bel Air, MD · NTEE: A60 · Updated: 2026-03-28
Is Maryland Center For The Visual And Performing Arts Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maryland Center For The Visual And Performing Arts Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maryland Center For The Visual And Performing Arts Inc
Maryland Center For The Visual And Performing Arts Inc (EIN: 203022352) is a nonprofit organization based in Bel Air, MD, classified under NTEE code A60. The organization reported total revenue of $208K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maryland Center For The Visual And Performing Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maryland Center For The Visual And Performing Arts Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Maryland Center For The Visual And Performing Arts Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is a strong positive for donor confidence and resource allocation.
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.
Strengths
The following positive indicators were identified for Maryland Center For The Visual And Performing Arts Inc:
- 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.
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 legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Maryland Center For The Visual And Performing Arts Inc spend its money?
Maryland Center For The Visual And Performing Arts Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Maryland Center For The Visual And Performing Arts Inc tax-deductible?
Maryland Center For The Visual And Performing Arts Inc is registered as a tax-exempt nonprofit (EIN: 203022352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Maryland Center For The Visual And Performing Arts Inc a good charity?
Based on the provided data, the organization appears to be a good charity. It demonstrates strong financial health, consistent asset growth (from $324,431 in 2019 to $1,473,815 in 2023), and a commitment to its mission, as evidenced by 0% officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Assets have grown substantially from $324,431 in 2019 to $1,473,815 in 2023, and revenue has increased from $288,148 to $526,792 over the same period, indicating robust growth and stability.
What is the trend in revenue and expenses?
Revenue has generally trended upwards, with a notable increase from $288,148 in 2019 to $526,792 in 2023. Expenses have also increased but at a slower rate, allowing for significant asset accumulation. For example, in 2023, revenue was $526,792 against expenses of $233,034.
Filing History
IRS 990 filing history for Maryland Center For The Visual And Performing Arts Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Maryland Center For The Visual And Performing Arts Inc's revenue has grown by 129.2%, moving from $230K to $527K. Total assets increased by 2987.9% over the same period, from $48K to $1.5M. Total functional expenses fell by 25.6%, from $313K to $233K. In its most recent filing year (2023), Maryland Center For The Visual And Performing Arts Inc reported a surplus of $294K, with revenue exceeding expenses. The organization holds $59K in liabilities against $1.5M in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $527K | $233K | $1.5M | $59K | — | View 990 |
| 2022 | $452K | $200K | $1.1M | $23K | — | View 990 |
| 2021 | $436K | $117K | $898K | $29K | — | View 990 |
| 2020 | $434K | $201K | $729K | $179K | — | View 990 |
| 2019 | $288K | $328K | $324K | $8K | — | View 990 |
| 2018 | $320K | $233K | $366K | $10K | — | View 990 |
| 2017 | $368K | $414K | $343K | $84K | — | View 990 |
| 2016 | $520K | $265K | $388K | $22K | — | View 990 |
| 2015 | $294K | $231K | $128K | $17K | — | View 990 |
| 2014 | $78K | $99K | $49K | $0 | — | View 990 |
| 2013 | $235K | $268K | $70K | $0 | — | View 990 |
| 2012 | $235K | $137K | $103K | $0 | — | View 990 |
| 2012 | $317K | $296K | $13K | $8K | — | View 990 |
| 2011 | $230K | $313K | $48K | $64K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $527K, expenses of $233K, and assets of $1.5M (revenue +16.5% year-over-year).
- 2022: Revenue of $452K, expenses of $200K, and assets of $1.1M (revenue +3.7% year-over-year).
- 2021: Revenue of $436K, expenses of $117K, and assets of $898K (revenue +0.4% year-over-year).
- 2020: Revenue of $434K, expenses of $201K, and assets of $729K (revenue +50.7% year-over-year).
- 2019: Revenue of $288K, expenses of $328K, and assets of $324K (revenue -10.1% year-over-year).
- 2018: Revenue of $320K, expenses of $233K, and assets of $366K (revenue -13.0% year-over-year).
- 2017: Revenue of $368K, expenses of $414K, and assets of $343K (revenue -29.2% year-over-year).
- 2016: Revenue of $520K, expenses of $265K, and assets of $388K (revenue +76.5% year-over-year).
- 2015: Revenue of $294K, expenses of $231K, and assets of $128K (revenue +277.9% year-over-year).
- 2014: Revenue of $78K, expenses of $99K, and assets of $49K (revenue -66.9% year-over-year).
- 2013: Revenue of $235K, expenses of $268K, and assets of $70K (revenue +0.0% year-over-year).
- 2012: Revenue of $235K, expenses of $137K, and assets of $103K (revenue -25.9% year-over-year).
- 2012: Revenue of $317K, expenses of $296K, and assets of $13K (revenue +38.0% year-over-year).
- 2011: Revenue of $230K, expenses of $313K, and assets of $48K.
Data Sources and Methodology
This transparency report for Maryland Center For The Visual And Performing Arts 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.