BACH CONCERT SERIES
Mission Statement
Bach In Baltimore’s mission is to perform, free to the public, the choral works of Johann Sebastian Bach (and his contemporaries), and to educate the concert-going public about the musical language of Bach and the texts he chose to set to music. We strive each month to present these works in an historically informed way that will enrich the lives of our audience members and inspire creativity. We wish to foster an appreciation for the arts, particularly for Baroque music, within the entire community. We are committed to providing educational experiences for people of all ages in order to instill a lifelong connection Bach’s music.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.0% | 82.0% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.1% | 14.1% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
77.2% | 28.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
29.1 mo | 9.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
10.7% | 1.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.8% | 79.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
33.0% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.3% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
34.4% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $397K | $261K | $633K | 82.0% | 0 |
| 2023 | $299K | $234K | $491K | 79.9% | 0 |
| 2022 | $226K | $222K | $423K | 81.2% | 0 |
| 2021 | $176K | $89K | N/A | — | 0 |
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