Outerarts Maryland Inc
- Assets
- $268.4k
- Revenue
- $265.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Chestertown, MD
- Founding
- 03/2015
- Data as of
- 08/2021
- EIN
- 47-2286642
Organization Overview
Outerarts Maryland Inc is located in Chestertown, MD. The organization was established in 2015. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Outerarts Maryland Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Outerarts Maryland Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Outerarts Maryland Inc generated $265.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $150.1k during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FREE AND LOW COST CONCERTS, WORKSHOPS, INSTRUMENT LESSONS, AND RELATED ACTIVITIES FOR MUSIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATES THE NATIONAL MUSIC FESTIVAL WHICH COMBINES WORLD-CLASS MUSICIANS AND GIFTED PRE-PROFESSIONAL APPRENTICE MUSICIANS DURING THE FIRST TWO WEEKS OF EACH JUNE.
OPERATES A YOUTH ORCHESTRA PROVIDING FREE STRING INSTRUMENT INSTRUCTION TO LOCAL STUDENTS IN GRADES THREE THROUGH EIGHT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Rosenberg Artistic Dir | Trustee | 40 | $53,076 |
Caitlin Patton Executive Di | Trustee | 40 | $49,076 |
Mary Grace Brosius Treasurer | OfficerTrustee | 5 | $0 |
Turner B Smith Vice Chair | OfficerTrustee | 2 | $0 |
Charles Taylor Chair | OfficerTrustee | 5 | $0 |
Mark Schulman Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,544 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,043 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $251,587 |
| Total Program Service Revenue | $12,960 |
| Investment income | $768 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$48 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $265,267 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,152 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,256 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,500 |
| Fees for services: Accounting | $1,740 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,845 |
| Office expenses | $2,912 |
| Information technology | $3,149 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $99 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,919 |
| All other expenses | $1,049 |
| Total functional expenses | $150,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,515 |
| Savings and temporary cash investments | $11,337 |
| Pledges and grants receivable | $19,789 |
| Accounts receivable, net | $1,808 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $30,752 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $40,247 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $268,448 |
| Accounts payable and accrued expenses | $31,022 |
| Grants payable | $0 |
| Deferred revenue | $4,950 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $20,448 |
| Other liabilities | $0 |
| Total liabilities | $56,420 |
| Net assets without donor restrictions | $163,589 |
| Net assets with donor restrictions | $48,439 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $268,448 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Outerarts Maryland Inc has recieved totaling $8,556.
| Awarding Organization | Amount |
|---|---|
Kent Cultural Alliance Inc Chestertown, MD PURPOSE: GENERAL OPERATING | $8,543 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Endowment Analysis
| Beg. Balance | $27,086 |
| Net Contributions | $101,046 |
| Other Expense | $79,693 |
| Ending Balance | $48,439 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Franklin Institute Philadelphia, PA | $191,202,786 | $32,040,912 |
Arts For Learning Maryland Inc Baltimore, MD | $6,641,105 | $9,137,823 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Baltimore School For The Arts Fdn Inc Baltimore, MD | $22,453,780 | $3,552,392 |
The Metropolitan Center For The Visual Arts Inc Rockville, MD | $1,589,727 | $2,983,675 |
International Public Management Association For Human Resources Alexandria, VA | $3,795,401 | $2,711,747 |
Caring Communities For Aids Wilkes Barre, PA | $1,533,545 | $2,739,121 |
Samuel S Fleisher Art Memorial Inc Philadelphia, PA | $22,590,929 | $2,413,309 |
Philadelphia Arts In Education Partnership Philadelphia, PA | $1,201,357 | $1,737,170 |
Yocum Institute For Arts Education Inc West Lawn, PA | $15,531,722 | $1,674,179 |
Theatre Lab Washington, DC | $1,317,349 | $1,528,317 |
Wide Angle Youth Media Inc Baltimore, MD | $2,050,575 | $2,195,413 |