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Arts, Culture & Humanities · 2022 Form 990

Baltimore Symphony Orchestra Inc: $26.9M Revenue, $28.5M Expenses

Baltimore, Maryland · EIN 520629696 · Filing year 2022

Baltimore Symphony Orchestra Inc reported $26.9M in total revenue, $28.5M in total expenses, and $8.5M in total assets on its 2022 IRS Form 990. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: C (63/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2022.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
63/100

Key Facts (2022 Form 990)

Total Revenue
$26.9M
Total Expenses
$28.5M
Total Assets
$8.5M
Reserve Months
3.6 months
Surplus / (Deficit)
$-1,562,562
EIN
520629696
Latest 990 Year
2022
Current-Officer Compensation
Not reported
Officer Comp % of Revenue
N/A

Baltimore Symphony Orchestra Inc earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 63/100.

At $26.9M in 2022 revenue, Baltimore Symphony Orchestra Inc sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Financial health is a strength: Baltimore Symphony Orchestra Inc carries a healthy operating-reserve cushion against $28.5M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Revenue has been roughly stable over the five-year filing window. The pattern is normal for established organizations operating in a mature program area. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Baltimore Symphony Orchestra Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$26.9M
Revenue
$28.5M
Expenses
$8.5M
Total Assets
N/A
Officer Compensation

How Baltimore Symphony Orchestra Inc Compares

Baltimore Symphony Orchestra Inc earns a NonprofitTruth efficiency grade of C (63/100). That is 7 points above the Arts, Culture & Humanities category average. The organization holds 3.6 months of operating reserves.

Financials

990 Financial Snapshot

$28.5M
Total Expenses
Filing year 2022
Not reported
Officer Compensation
on this 990
3.6 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Baltimore Symphony Orchestra Inc reported $26.9M in revenue against $28.5M in total functional expenses for filing year 2022, holding roughly 3.6 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

Trend

Revenue History

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Baltimore Symphony Orchestra Inc has a NonprofitTruth Efficiency Score of C (63/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Baltimore Symphony Orchestra Inc, Donor FAQ

Baltimore Symphony Orchestra Inc has a NonprofitTruth Efficiency Score of C (63/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Current-officer compensation for Baltimore Symphony Orchestra Inc is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.

Baltimore Symphony Orchestra Inc reported $26.9M in annual revenue and $28.5M in total expenses for filing year 2022. The organization holds $8.5M in total assets.

Baltimore Symphony Orchestra Inc holds approximately 3.6 months of operating reserves (total assets relative to annual expenses) based on its 2022 IRS Form 990, one input into its C efficiency grade.

Baltimore Symphony Orchestra Inc is a registered 501(c) organization with EIN 520629696, based in Baltimore, Maryland. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.