Baltimores Festival of the Arts Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PRODUCE MULTI-DAY FESTIVALS DESIGNED TO PROMOTE ACCESS, APPRECIATION AND PARTICIPATION IN THE PERFORMING AND VISUAL ARTS.
- Income
- $927,721
- Spending
- $1.0 million
- Spent on programs
- 100%
- Reserves
- 1 months of spending
- Largest source of income
- government grants, 64%
- Employees
- 0
- Volunteers
- 250
- Highest pay
- $199,509, cfo (partial)
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 46 out of 100. Higher than 15% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.0 months of spending.
Debt
2 of 20It owes 86% of what it owns.
Living within its means
4 of 15Spending exceeded income by 10% of income.
Income trend
15 of 15Income rose 364% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 90% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.0 million spent. ARTSCAPE - ARTSCAPE IS AMERICA'S LARGEST FREE ARTS FESTIVAL, ATTRACTING 350,000+ ATTENDEES OVER THREE DAYS. ARTSCAPE FEATURES 150+ FINE ARTISTS, FASHION DESIGNERS, AND CRAFTSPEOPLE; VISUAL ART EXHIBITS ON AND OFF-SITE, INCLUDING EXHIBITIONS, OUTDOOR SCULPTURES, PHOTOGRAPHY AND THE JANET & WALTER SONDHEIM PRIZE; INCREDIBLE LIVE CONCERTS ON OUTDOOR STAGES; A FULL SCHEDULE OF PERFORMING ARTS INCLUDING DANCE, OPERA, THEATER, FILM, EXPERIMENTAL MUSIC AND THE BALTIMORE SYMPHONY ORCHESTRA; FAMILY EVENTS SUCH AS HANDS-ON PROJECTS, DEMONSTRATIONS, COMPETITIONS, CHILDREN'S ENTERTAINERS AND STREET THEATER; AND A MENU OF FOOD AND BEVERAGE THAT IS AVAILABLE THROUGHOUT THE FESTIVAL SITE.
Source: Form 990 for the year ending June 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.