Inner Arbor Trust INC EIN 46-2748824 Form 990 (PDF) Claim this org

Inner Arbor Trust INC FY2019 filing

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Develops and revitalizes Symphony Woods as a public park for community enjoyment. For fiscal year 2019 it reported $544K in revenue, $494K in expenses, and $7.7M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Columbia, MD
Website
www.innerarbortrust.com
Filings
7 on file (2019–2019)
Revenue
$544KFY2019
Expenses
$494K
Net assets
$7.7M
People
8
Filings
7
Updates
0
More identity details & actions ⌄
EIN  46-2748824 Public charity (501(c)(3)) Columbia, MD
Form 990 (PDF)
You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Develops and revitalizes Symphony Woods as a public park for community enjoyment.
Leadership
Nina Basu Esq. · President CEO · $69K
Money in and out
$544K revenue, $494K expenses
Bottom line
44% program efficiency
Where the money goes · FY2019
Total revenue
$544K
Pt VIII · Ln 12
Total expenses
$494K
Pt IX · Ln 25
Net assets
$7.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $49K
Where spending went · Part IX cols B–D
Program services $0.44 Management & general $0.56
Program efficiency
44%
of spending reaches programs
Operating runway
3.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2019 · Form 990
Revenue
$544K
FY2019
Expenses
$494K
FY2019
Total assets
$7.9M
FY2019
Total liabilities
$240K
FY2019
Total revenue
$544K
Pt VIII · Ln 12
Total expenses
$494K
Pt IX · Ln 25
Net assets
$7.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$49K
Total assetsPt X · Ln 16$7.9M
Program-expense ratioPt IX · col B44%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $216K of program spending, described in the organization's own filed words · FY2018.
01

Inner arbor trust opened the iconic chrysalis amphitheater on april 22, 2017, bringing high-quality arts and culture programming to downtown columbia. The chrysalis presents performances, including commercial ticketed, non-commercial ticketed, and free and open to the public events.

$216Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInner Arbor Trust INC
EINHdr · item D46-2748824
Principal addressHdr · item CColumbia, MD
WebsiteHdr · item Jwww.innerarbortrust.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A61)
Ruling yearIRS BMFJan 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2018); the FY2019 filing did not itemize Part VII
President CEO
$69,000Pt VII · Sec A
$0Pt VII · Sec A
Ex Officio Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Nina Basu’s $60K as President CEO is at the 55th percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Nina Basu$84,000$70,000$70,000
Nina Basu ESQ
Nina Basu$60,000$60,000$60,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$273K · 50%
Program service revenue$270K · 50%
Contributions & grants50%$273K
Program service revenue50%$270K
Investment income$112
— government grantsLn 1e$230K
Total revenueLn 12$544K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.44 Management & general $0.56
Program services44%$216K
Management & general56%$278K
Total functional expensesLn 25$494K

Balance Sheet

Part X · end of year
CashLn 1$151K
Total assetsLn 16$7.9M
Total liabilitiesLn 26$240K
Total net assetsLn 32$7.7M
Months of cash on handcomputed3.7

Financial Metrics

Form 990 · FY2019 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $151K · Operating expenses/yr $494K
3.7 months
Where the money goes
Program services
Program services $216K · Total expenses $494K
44%
Management & General
Management & general $278K · Total expenses $494K
56%
Fundraising
Fundraising $0 · Total expenses $494K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $43K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $273K · Total revenue $544K
50%
Government reliance
Government grants $230K · Total revenue $544K
42%
Earned-income share
Program service revenue $270K · Total revenue $544K
50%
Investment reliance
Investment income $112 · Total revenue $544K
+0.02%
Program self-sufficiency
Program service revenue $270K · Total expenses $494K
55%
Growth & trend
Revenue growth (YoY)
This year $544K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $7.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $544K · Expenses $494K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $7.9M
Net-asset ratio
Net assets $7.7M · Total assets $7.9M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $7.9M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nina Basu ESQ · Reported title PRESIDENT CEO · Highest reported compensation $69K · Total expenses $494K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $60K · Total expenses $494K
12%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 44%
Overhead ratio 56%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 5%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$495K revenue · ⤓ 990 PDF
FY2024$448K revenue · ⤓ 990 PDF
FY2023$1.3M revenue · ⤓ 990 PDF
FY2022$849K revenue · ⤓ 990 PDF
FY2021$225K revenue · ⤓ 990 PDF
FY2020$874K revenue · ⤓ 990 PDF
FY2019$544K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2019IRS
Classification, formation year, addressIRS Business Master File
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