MARYLAND CENTER FOR THE VISUAL AND PERFORMING ARTS INC

EIN: 203022352 501(c)(3) Arts, Culture & Humanities

Bel Air, MD

Total Revenue
$1,085,734
Total Expenses
$377,275
Total Assets
$1,746,752
Net Assets
$1,655,926
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MD
Principal Officer
George Hergenhahn
Phone
4102941818
Tax Period
2023-07-01 to 2024-06-30

MARYLAND CENTER FOR THE VISUAL AND PERFORMING ARTS INC, founded in 2005, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $708K, a strong 65% operating margin.

Mission

The Maryland Center for the Visual and Performing Arts' (MDCFA) mission is to provide a broad range of creative and collaborative experiences in quality education, presentation and exhibits in all disciplines of the Arts. MDCFA is dedicated to the establishment of a visual and performing arts center in Harford Co. Md. It will be accessible to all and will nurture art, artists and community by providing a broad range of creative and collaborative experiences through quality arts education, presentation and exhibits in the disciplines of music, dance, theater and art.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $102,659
Program Service Revenue $982,087
Investment Income $988
Other Revenue $0
TOTAL REVENUE $1,085,734

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,748
Fundraising Expenses $29,241
Program Expenses $297,683
Other Expenses $338,527
TOTAL EXPENSES $377,275

Year-over-Year Comparison

2023 2022 Change
Revenue $1,085,734 $526,792 +1.1%
Expenses $377,275 $233,034 +0.6%
Net Income $708,459 $293,758 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
18
Employees
2
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
13
$0
Key Employees
1
$19,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Willenbrink Board Member 30
Key Emp
$19,000 $0 $19,000
Paul C Balsamo Board Member 5
Director
$0 $0 $0
John Mettee IV Board Member 5
Director
$0 $0 $0
Larry Noto Board Member 5
Director
$0 $0 $0
Robert Rich Board Member 5
Director
$0 $0 $0
Jon Kohler Board Member 5
Director
$0 $0 $0
Amy Jahnigen Board Member 5
Director
$0 $0 $0
Claudine Adams Board Member 5
Director
$0 $0 $0
Anthony Lisuzzo Board Member 5
Director
$0 $0 $0
Mary Teddy Wray Board Member 5
Director
$0 $0 $0
John Bellantoni Board Member 5
Director
$0 $0 $0
Katherine Kelly Board Member 5
Director
$0 $0 $0
Terry Bostock Board Member 5
Director
$0 $0 $0
Anthony Wohlers Board Member 5
Director
$0 $0 $0
Carolyn Evans President 10
Officer
$0 $0 $0
George Hergenhahn Treasurer 10
Officer
$0 $0 $0
Kathleen Heidelmaier Secretary 10
Officer
$0 $0 $0
Cynthia Hergenhahn Vice President 10
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,085,734 $377,275 $1,746,752 $708,459
2023 $526,792 $233,034 $1,473,815 $293,758
2023 $526,792 $233,034 $1,019,478 $293,758
2022 $452,015 $199,917 $1,144,632 $252,098
2021 $435,840 $116,639 $897,834 $319,201
2020 $434,279 $200,885 $729,011 $233,394
2019 $288,148 $327,724 $324,431 $-39,576
2018 $320,367 $233,455 $365,706 $86,912
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