Frederick Book Arts Center Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 36% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
SEE SCHEDULE O
- Income
- $187,653
- Spending
- $241,068
- Spent on programs
- 37%
- Reserves
- 0.7 months of spending
- Largest source of income
- donations and private grants, 71%
- Employees
- 3
- Volunteers
- 23
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 29 out of 100. Higher than 8% of charities in its peer group (arts and culture, under $250k).
Reserves
4 of 35Spendable reserves would cover 0.7 months of spending.
Debt
20 of 20It owes 14% of what it owns.
Living within its means
0 of 15Spending exceeded income by 28% of income.
Income trend
5 of 15Income fell 15% on the year before.
Spending floor
0 of 1536% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 92% of charities in its peer group (arts and culture, under $250k).
Independent board
25 of 256 of 6 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.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 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 (3)
- $72,136 spent. CLASSES: WE OFFER A RANGE OF CLASSES IN LETTERPRESS, BOOK ARTS, PRINTMAKING, BOOKBINDING, PHOTOGRAPHY, AND PAPER ARTS. AT THE END OF 2023, FBAC MOVED INTO OUR NEW LOCATION AT 127 SOUTH CARROLL STREET A MUCH LARGER FACILITY FOR US TO WORK FROM. WE ALSO CONSOLIDATED THE SILKSCREEN STUDIO INTO OUR MAIN BUILDING. WE HAD A RE-OPENING IN MID-YEAR AND HAVE BEEN HOSTING CLASSES CONTINUOUSLY SINCE. THERE WAS A LOT OF REORGANIZATION OF EQUIPMENT AND SUPPLIES (AFTER THE MOVE) TO SET UP OUR NEW CLASSES.
- $14,494 spent. OUTREACH: FBAC HAS SEVERAL VENTURES THAT FALL UNDER OUTREACH INCLUDING SCHOOL VISITS, HOSTING LOCAL EVENTS, OPEN HOUSES, ARTISTS TALKS, COMMUNITY FESTIVALS, AND EXHIBITIONS. OUR NEW LOCATION HAS A LARGE GALLERY SPACE, A STORE SPACE, AND A LARGE WORKSHOP AREA FOR COMMUNITY EQUIPMENT.
- $1,353 spent. RENTAL EQUIPMENT: FBAC HAS A FULL BOOK BINDERY IN OPERATION, A LETTERPRESS AREA, PRINTMAKING EQUIPMENT, AND OTHER RESOURCES WHICH WE OFFER FOR RENTAL TO THE PUBLIC. TO ASSURE SAFETY, ASSISTANCE AND TRAINING IS OFFERED BY STAFF AND VOLUNTEERS TO EDUCATE THE PUBLIC ON THE USE OF THIS EQUIPMENT THROUGH A RENTAL PROGRAM. THIS SERVICE IS TO PROVIDE ACCESS TO NECESSARY TOOLS FOR ARTISTS AND OTHER MEMBERS OF THE PUBLIC TO CARRY OUT PROJECTS, WHICH THEY WOULD NOT OTHERWISE HAVE THE ABILITY TO DO WITHOUT OUR EQUIPMENT.
Source: Form 990 for the year ending December 31, 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 November 6, 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 December 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 July 2018.
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 November 4, 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.