Allegany Arts Council Inc
Cumberland, Maryland
B+Health Score
74B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$569K
Total Revenue
📊
$542K
Total Expenses
🏦
$839K
Net Assets
📋
$56K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-33.6%
Year-over-year change (2023 → 2024)
Net Margin
+4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.55
Net assets divided by total expenses
Liabilities-to-Assets
6.2%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $569,184↓34% | $542,105↓11% | $894,938↑10% | — |
| 2023 | $856,678↑78% | $608,392↑56% | $815,976↑47% | — |
| 2022 | $480,137↓5% | $390,978↑5% | $555,685↓3% | — |
| 2021 | $506,989↑57% | $374,029↑23% | $574,549↑45% | — |
| 2020 | $322,255↓11% | $304,389↓6% | $396,012↑9% | — |
| 2019 | $361,048↑20% | $323,846↓6% | $361,705↑19% | — |
| 2018 | $300,964↓20% | $345,878↓11% | $304,201↓6% | — |
| 2017 | $375,228↑2% | $389,264↑10% | $323,459↑2% | — |
| 2016 | $367,253↓1% | $354,100↓12% | $318,469↑6% | — |
| 2015 | $372,045↓3% | $404,101↑17% | $300,481↓12% | — |
| 2014 | $382,257↑7% | $345,264↓1% | $341,547↑11% | — |
| 2013 | $355,718↓2% | $348,394↓7% | $307,077↑4% | — |
| 2012 | $364,421↓16% | $373,030↓14% | $296,358↓2% | — |
| 2011 | $431,894 | $435,656 | $303,634 | — |
Frequently Asked Questions
What does Allegany Arts Council Inc do?▼
Allegany Arts Council Inc is a arts, culture & humanities nonprofit organization based in Maryland. It is classified under NTEE code A26Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Allegany Arts Council Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Allegany Arts Council Inc.
How much revenue does Allegany Arts Council Inc generate?▼
Allegany Arts Council Inc reports $702K in annual revenue and holds $1.1M in total assets, based on IRS filings.
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