The Compound INC EIN 82-4930672 Form 990 (PDF) Claim this org

The Compound INC FY2022 filing

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Supports artists by providing affordable housing, studio, and event space, fostering community and small business growth. For fiscal year 2022 it reported $165K in revenue, $283K in expenses, and $820K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Baltimore, MD
Filings
4 on file (2020–2022)
Revenue
$165KFY2022
Expenses
$283K
Net assets
$820K
People
6
Filings
4
Updates
0
More identity details & actions ⌄
EIN  82-4930672 Public charity (501(c)(3)) Baltimore, MD
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2023) →
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Size
$100K–1M
What they do
Supports artists by providing affordable housing, studio, and event space, fostering community and small business growth.
Leadership
Marlon Ziello · President
Money in and out
$165K revenue, $283K expenses
Bottom line
73% program efficiency
Where the money goes · FY2022
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$283K
Pt IX · Ln 25
Net assets
$820K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$118K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.11 Fundraising $0.16
Program efficiency
73%
of spending reaches programs
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-71%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$165K
FY2022▼ -70%
Expenses
$283K
FY2022▲ +96%
Total assets
$885K
FY2022▼ -8%
Total liabilities
$65K
FY2022▲ +173%
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$283K
Pt IX · Ln 25
Net assets
$820K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$118K
Total assetsPt X · Ln 16$885K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Compound INC
EINHdr · item D82-4930672
Principal addressHdr · item CBaltimore, MD
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A26)
Ruling yearIRS BMFSep 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b4
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Nicholas Wisniewski’s $2K as Treasurer is at the 1st 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.

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Mission & Programs · Part III

Where the work happens

1 program service account for $208K of program spending, described in the organization's own filed words · FY2022.
01

The compound provides below market-rate housing and studio space for 24 artists and artisans.

$208Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$148K · 90%
Contributions & grants$17K · 10%
Program service revenue90%$148K
Contributions & grants10%$17K
Total revenueLn 12$165K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.11 Fundraising $0.16
Program services73%$208K
Management & general11%$31K
Fundraising16%$44K
Total functional expensesLn 25$283K

Balance Sheet

Part X · end of year
CashLn 1$51K
Total assetsLn 16$885K
Total liabilitiesLn 26$65K
Total net assetsLn 32$820K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $51K · Operating expenses/yr $283K
2.2 months
Where the money goes
Program services
Program services $208K · Total expenses $283K
73%
Management & General
Management & general $31K · Total expenses $283K
11%
Fundraising
Fundraising $44K · Total expenses $283K
16%
Cost to raise $1
Fundraising expense (3-yr avg) $15K · Solicited contributions (3-yr avg) $148K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $17K · Total revenue $165K
10%
Government reliance
Government grants — · Total revenue $165K
Earned-income share
Program service revenue $148K · Total revenue $165K
90%
Investment reliance
Investment income $0 · Total revenue $165K
0%
Program self-sufficiency
Program service revenue $148K · Total expenses $283K
52%
Growth & trend
Revenue growth (YoY)
This year $165K · Prior year $544K
-70%
Net-asset trend (YoY)
End of year $820K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $165K · Expenses $283K
-71%
Liabilities-to-Assets
Total liabilities — · Total assets $885K
Net-asset ratio
Net assets $820K · Total assets $885K
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $885K
0%
People & payroll
Highest Reported Total Compensation
Individual Marlon Ziello · Reported title President · Highest reported compensation $0 · Total expenses $283K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $283K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 11%
Fundraising cost ratio 260%
Revenue growth -70%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 3%
Fundraising fee ratio 0%

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 · FY2025
Total grants receivedfrom 1 funder$1K

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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
FY2023 (Latest)$204K revenue · ⤓ 990 PDF
FY2022$165K revenue · viewing · ⤓ 990 PDF
FY2021$544K revenue · ⤓ 990 PDF
FY2020$252K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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