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ARTS COUNCIL OF ANNE ARUNDEL COUNTY INC

ARTS COUNCIL OF ANNE ARUNDEL COUNTY INC

ANNAPOLIS, MD, US
501(c)(3)
EIN
52-1821633
Regional Funder
funder logo

ARTS COUNCIL OF ANNE ARUNDEL COUNTY INC

ANNAPOLIS, MD, US
501(c)(3)
EIN
52-1821633
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$1,554,453

Government Grants
94%
Contributions
5%
Fundraising Events
1%
Program Services
<1%
Investments
<1%
Membership Dues
0%
Other
0%
Expenses in 2024

$1,532,781

Grants
58%
Salaries & Benefits
30%
Other
8%
Offices, Occupancy & IT
2%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$61,749
$78,381
+27%
Government Grants
$2,077,680
$1,458,336
-30%
Fundraising Events
$43,234
$15,772
-64%
Program Services
$4,830
$1,958
-59%
Membership Dues
$0
$0
-
Investments
$7
$6
-14%
Other
$0
$0
-
Total Revenues
$2,187,500
$1,554,453
-29%
Expenses
2023
2024
Change
Grants
$1,155,643
$892,477
-23%
Benefits to Members
$0
$0
-
Salaries & Benefits
$389,643
$452,250
+16%
Fees to Service Providers
$58,444
$24,692
-58%
Advertising & Promotion
$20,391
$7,255
-64%
Offices, Occupancy & IT
$51,870
$30,431
-41%
Interest
$0
$0
-
Depreciation
$599
$599
+0%
Other
$108,967
$125,077
+15%
Total Expenses
$1,785,557
$1,532,781
-14%
Net income
2023
2024
Change
Net income
+$401,943
+$21,672
-95%
Functional Expenses
Summary
2023
2024
Change
Program
$1,537,062
$1,282,648
-17%
Admin
$183,795
$162,624
-12%
Fundraising
$64,700
$87,509
+35%
Total Expenses
$1,785,557
$1,532,781
-14%
Income Statement
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