Ancient Free & Accepted Masons Of Maryland Grand Lodge
- Assets
- $187.2m
- Revenue
- $9.7m
- Investments
- $0.0
- Employees
- 18
- Location
- Cockeysville, MD
- Founding
- 07/1940
- Data as of
- 12/2021
- EIN
- 52-0226260
Organization Overview
Ancient Free & Accepted Masons Of Maryland Grand Lodge is located in Cockeysville, MD. The organization was established in 1940. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Ancient Free & Accepted Masons Of Maryland Grand Lodge employed 18 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Ancient Free & Accepted Masons Of Maryland Grand Lodge is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2021, Ancient Free & Accepted Masons Of Maryland Grand Lodge generated $9.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $12.2m during the year ending 12/2021. While expenses have increased by 26.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNAL ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE AND OPERATIONS OF MASONIC TEMPLE, DIRECTION AND COORDINATION OF SUBORDINATE LODGE ACTIVITIES, MAINTAIN MEMBERSHIP RECORDS AND HOLD MEMBER MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth R Taylor Grand Secretary | OfficerTrustee | 40 | $40,356 |
T Scott Cushing Sr Grand Treasurer | OfficerTrustee | 4 | $13,000 |
Marlin L Mills Grand Master | OfficerTrustee | 4 | $0 |
Frederick A Spicer Deputy Grand Master | OfficerTrustee | 4 | $0 |
Thomas R Fulcher Trustee | Trustee | 4 | $0 |
Anthony Fusco Trustee | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $218,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,588 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $253,188 |
| Total Program Service Revenue | $434,551 |
| Investment income | $2,636,737 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,070,388 |
| Net Gain/Loss on Asset Sales | $3,020,236 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,692,713 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,808,194 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,278 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $441,854 |
| Pension plan accruals and contributions | $9,140 |
| Other employee benefits | $122,613 |
| Payroll taxes | $39,252 |
| Fees for services: Management | $166,352 |
| Fees for services: Legal | $508 |
| Fees for services: Accounting | $14,363 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $454,388 |
| Fees for services: Other | $86,870 |
| Advertising and promotion | $25,664 |
| Office expenses | $98,497 |
| Information technology | $32,438 |
| Royalties | $0 |
| Occupancy | $221,408 |
| Travel | $56,791 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,928 |
| Interest | $288 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,132,350 |
| Insurance | $121,441 |
| All other expenses | $20,317 |
| Total functional expenses | $12,235,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,405,756 |
| Savings and temporary cash investments | $2,189,202 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $260,290 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $98,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $41,102 |
| Net Land, buildings, and equipment | $15,185,667 |
| Investments—publicly traded securities | $164,577,711 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,444,589 |
| Total assets | $187,202,317 |
| Accounts payable and accrued expenses | $1,353,512 |
| Grants payable | $0 |
| Deferred revenue | $13,600 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $140,330 |
| Total liabilities | $1,507,442 |
| Net assets without donor restrictions | $172,347,274 |
| Net assets with donor restrictions | $13,347,601 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $187,202,317 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ancient Free & Accepted Masons Of Maryland Grand Lodge has recieved totaling $134,115,909.
| Awarding Organization | Amount |
|---|---|
The Ancient Free And Accepted Masons Of Md Masonic Homes And Of Grand Lodge Cockeysville, MD PURPOSE: TO TRANSFER ALL ASSETS TO THE GRAND LODGE TO CONTINUE THE MISSION OF THIS ORGANIZATION. | $134,115,909 |
Endowment Analysis
| Beg. Balance | $11,441,992 |
| Earnings | $1,239,670 |
| Ending Balance | $12,681,662 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Loyal Christian Benefit Association Erie, PA | $108,287,356 | $23,099,109 |
Slovene National Benefit Society Imperial, PA | $127,585,848 | $17,289,930 |
Ancient Free & Accepted Masons Of Maryland Grand Lodge Cockeysville, MD | $187,202,317 | $9,692,713 |
Serb National Federation Pittsburgh, PA | $50,402,981 | $6,645,334 |
Fraternal Order Of Police Philadelphia, PA | $3,187,559 | $6,876,497 |
Ancient & Accepted Scottish Rite Of Free Masonry So Juris Usa Washington, DC | $28,646,656 | $6,184,451 |
Providence Assn Of Ukrainian Catholics Of Amer Philadelphia, PA | $55,075,663 | $6,983,514 |
Polish Falcons Of America Pittsburgh, PA | $40,676,015 | $5,977,879 |
Federal Law Enforcement Officers Association Inc Bethesda, MD | $2,620,306 | $4,544,174 |
Artisans Order Of Mutual Protection Most Excellent Assembly Philadelphia, PA | $35,098,692 | $3,365,313 |
Order Of Ahepa Washington, DC | $17,204,115 | $3,013,669 |
Polish Beneficial Association Philadelphia, PA | $0 | $2,210,610 |