Arts, Culture & Humanities
(A120)
990 on File
MID ATLANTIC ARTS INC
Financial strength (30%)
67/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$6.6M
Total Revenue
$6.5M
Total Expenses
$10.3M
Net Assets
17
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.5%
Fundraising Efficiency
504.6%
Operating Reserve
19.16x
Liability-to-Asset
28.9%
Revenue Diversification
98.2%
Executive Compensation
$403K
Compared with Peers
FY 2023
Compared with 4,649 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.5% | 77.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.6% | 14.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.9% | 5.5% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
504.6% | 251.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
19.2 mo | 16.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
28.9% | 10.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.2% | 74.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-50.8% | 3.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.5% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.8% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $6.6M | $6.5M | $10.3M | 83.5% | 17 |
| 2022 | $13.4M | $6.0M | $10.1M | 87.4% | 17 |
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