Baltimore Office Of Promotion And The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,364,135 | 4,154,120 | 210,015 | 9.3 | 50% |
| 2012 | 4,660,939 | 4,605,088 | 55,851 | 8.6 | 48% |
| 2013 | 5,432,099 | 5,001,104 | 430,995 | 9.1 | 43% |
| 2014 | 5,627,001 | 5,684,081 | −57,080 | 8.1 | 39% |
| 2015 | 6,952,608 | 7,349,533 | −396,925 | 5.6 | 34% |
| 2016 | 5,602,723 | 5,235,652 | 367,071 | 8.5 | 45% |
| 2017 | 5,690,877 | 5,534,518 | 156,359 | 8.6 | 42% |
| 2018 | 5,499,250 | 6,073,482 | −574,232 | 6.4 | 40% |
| 2019 | 6,114,245 | 5,938,893 | 175,352 | 11.8 | 40% |
| 2020 | 4,925,846 | 4,948,841 | −22,995 | 7.1 | 54% |
| 2021 | 4,464,806 | 4,253,275 | 211,531 | 4.7 | 51% |
| 2022 | 5,421,567 | 5,291,489 | 130,078 | 3.5 | 49% |
| 2023 | 4,179,428 | 4,680,209 | −500,781 | 2.8 | 57% |
In its most recent public year (2023), this organization spent $500,781 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 9.3 in 2011. Staff pay was 57% of spending. $261,725 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Baltimore Office Of Promotion And The Arts's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works