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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 52-1169382

Mid Atlantic Arts Foundation Inc

BALTIMORE, MDNTEE: A120Founded 1980Website

mission statement

Mid atlantic arts nurtures and funds the creation and presentation of diverse artistic expression and connects people to meaningful arts experiences within our region and beyond.

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Total Revenue

$8.2M

FY 2023

Program Spending

83.3%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2023)

The Numbers

$18.8M

Total Assets

$11.0M net

16.66 mo

Operating Reserves

FY 2023

+24%

Revenue Growth

YoY

Total Employees

FY 2023

Funding Track Record

Backed by 10 Institutional Funders

$18.6M raised across 18 grants · +$1.1M committed (2019–2024 filings)

Funder Geography

Funders across 7 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$16,000,000
The Andrew W Mellon Foundation	NEW YORK, NY	$2,330,000 +$400,000 committed
The Howard Gilman Foundation Inc	NEW YORK, NY	$85,000
Trust for Mutual Understanding	NEW YORK, NY	$70,000
Network for Good Inc	Washington, DC	$48,785
Cremona Foundation	SAN FRANCISCO, CA	$25,000
Deborah Buck Foundation	NEW YORK, NY	$10,000
Prior Family Foundation	St Thomas, VI	$3,000
The Ralph E Cades Family Foundation	CARVERSVILLE, PA	$2,500
Margaret A Cargill Foundation	EDEN PRAIRIE, MN	$0 +$750,000 committed

Total tracked: $18,574,285 across 18 grants · +$1,150,000 committed across 2 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$2.6M in expenses

Presenting, touring & exhibiting - presenting, touring and exhibiting stable touring engagements for artists both within our region and internationally, and give communities high quality, and varied artistic experiences. The programs build audiences for artists and provide opportunities for greater understanding and appreciation of the arts throughout the mid-atlantic and the world.

$2.0M in expenses

Artist fellowships, projects & residences - mid atlantic arts, INC. Develops partnerships and programs that reinforce artists' capacity to create and present work, and advance access to and participation in the arts.

$923K in expenses

Community initiatives: the purpose of the portfolio is to support artists and organizations who are creating work that enhances the well-being of their communities through collaborative social, educational, and artistic efforts.

$1.0M in expenses

Other programs

Financial History