Overview

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Est.

1963

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Maryland Federation of Art Inc is a nonprofit arts organization focused on education, dedicated to creating meaningful connections in the community through art. With an operating budget of $332.6K and total revenue of $360.9K for the filing year 2024, it receives substantial support from major funders including MightyCause Charitable Foundation, The JM Kaplan Fund Inc, and Cigna Foundation, among others. The organization does not rely on any single funder for 50% or more of its revenue. For more information, visit www.mdfedart.org.

Mission Statement

MARYLAND FEDERATION OF ART INC IS A NONPROFIT ARTS ORGANIZATION WHOSE MISSION IS TO CREATE MEANINGFUL CONNECTIONS IN THE COMMUNITY THROUGH ART. ITS PURPOSE IS EXCLUSIVELY EDUCATIONAL AND CHARITABLE.
Revenues
$360.9K
Expenses
$332.6K
Net Income:
+$28.3K
Assets
$320.5K
Liabilities
$44.9K
Net Assets:
+$275.5K
Operating Budget
$332.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$10.3K
Largest grant received
$20K
W
Wil Scott
Board Member
M
Martha Spencer
Board Member
R
Rich Isaacman
Board Member

Frequently Asked Questions

What is MARYLAND FEDERATION OF ART INC’s budget?
In 2024, MARYLAND FEDERATION OF ART INC reported an annual operating budget of around $333 thousand. More detailed financial information is available to registered users.
What causes does MARYLAND FEDERATION OF ART INC support?
MARYLAND FEDERATION OF ART INC supports work in Education.
Where does MARYLAND FEDERATION OF ART INC operate?
MARYLAND FEDERATION OF ART INC is headquartered in ANNAPOLIS, MD.
Who funded MARYLAND FEDERATION OF ART INC recently?
In 2024, MARYLAND FEDERATION OF ART INC received grants from THE MHE FOUNDATION INC, ARTS COUNCIL OF ANNE ARUNDEL COUNTY INC, and THE JM KAPLAN FUND INC. More information on this organization’s funders is available to registered users.
What is the largest grant MARYLAND FEDERATION OF ART INC received in 2024?
The largest grant to MARYLAND FEDERATION OF ART INC in 2024 exceeds $20 thousand.
What is MARYLAND FEDERATION OF ART INC’s reliance on government grants?
MARYLAND FEDERATION OF ART INC relied on government grants for more than 10% of their total revenue in 2024.