Maryland Historical Society

Maryland Historical Society Overview

Maryland Historical Society is located in Baltimore, MD. The organization was established in 1926. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2020, Maryland Historical Society employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Maryland Historical Society generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $4.9m during the year ending 06/2020. While expenses have increased by 5.1% per year over the past 5 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.

Since 2020, Maryland Historical Society has awarded 11 individual grants totaling $133,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SERVING THE PEOPLE OF MARYLAND, AND THOSE INTERESTED IN MARYLAND HISTORY, THROUGH STEWARDSHIP OF COMPREHENSIVE LIBRARY AND MUSEUM COLLECTIONS THAT ARE CENTRAL TO THE STATE'S HISTORY, BY PROMOTING SCHOLARSHIP THROUGH PUBLICATIONS AND BY PROVIDING EDUCATIONAL SERVICES AT ITS OWN CAMPUS AND THROUGHOUT THE STATE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GALLERY AND MUSEUM - DISPLAYS AND TOURS WHICH HELP TO EDUCATE THE GENERAL PUBLIC ON CERTAIN HISTORICAL ARTIFACTS AND EVENTS AS THEY RELATE TO MARYLAND HISTORY.


EDUCATION - EXPENDITURES FOR TOUR GUIDES, OUTREACH PROGRAMS, AND LECTURES WHICH PROMOTE EDUCATION OF MARYLAND HISTORY.


LIBRARY - BOOKS, PERIODICALS, PRINTS AND PHOTOGRAPHS WHICH HELP TO EDUCATE THE GENERAL PUBLIC ABOUT MARYLAND HISTORY


SPECIAL PROJECTS - EXPENDITURES MADE TO PRESERVE CERTAIN ARTIFACTS WHICH WILL EDUCATE THE GENERAL PUBLIC ON MARYLAND HISTORY.


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Maryland Historical Society Board, Officers & Key Employees

Name (title)Compensation
Mark Letzer
President And CEO
$135,749
Tom Welliver
CFO
$65,902
Timothy Chase
Vice Chair
$0
Louise Lake Hayman
Chair
$0
Richard C Tilghman Jr
First Vice Chair
$0
James W Constable
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$46,630
Fundraising events$23,395
Related organizations$0
Government grants $1,279,603
All other contributions, gifts, grants, and similar amounts not included above$2,036,943
Noncash contributions included in lines 1a–1f $192,772
Total Revenue from Contributions, Gifts, Grants & Similar$3,386,571
Total Program Service Revenue$172,541
Investment income $544,316
Tax Exempt Bond Proceeds $0
Royalties $22
Net Rental Income $106,679
Net Gain/Loss on Asset Sales $1,080,159
Net Income from Fundraising Events -$10,194
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $41,212
Miscellaneous Revenue$0
Total Revenue $5,321,306

Maryland Historical Society Grants Awarded

Over the last fiscal year, Maryland Historical Society has awarded $133,500 in support to 11 organizations.

Grant RecipientAmount

MID-ATLANTIC REGIONAL MOVING IMAGE ARCHIVE

Org PageRecipient Profile

Baltimore, MD

PURPOSE: DEVELOPING MARMIA: FOCUSING ON THE FUTURE OF MARYLANDS MULTIMEDIA ARCHIVE

$21,250

BALTIMORE ARCHITECTURE FOUNDATION

Org PageRecipient Profile

Baltimore, MD

PURPOSE: DOORS OPEN BALTIMORE PROJECT

$20,000

SANDY SPRING MUSEUM

Org PageRecipient Profile

Sandy Spring, MD

PURPOSE: FORTY YEARS FORWARD PROJECT

$20,000

HISTORICAL SOCIETY OF CARROLL COUNTY

Org PageRecipient Profile

Westminster, MD

PURPOSE: RE-IMAGINING: MARKETING & WEBSITE REFRESH

$10,000

C&O CANAL TRUST INC

Org PageRecipient Profile

Hagerstown, MD

PURPOSE: IMPROVING TECHNOLOGY AND BUILDING CAPACITY TO LEVERAGE THE C&O CANALS 50TH ANNIVERSARY

$10,000

MARKET CENTER COMMUNITY DEVELOPMENT CORPORATION

Org PageRecipient Profile

Baltimore, MD

PURPOSE: LEXINGTON MARKET PUBLIC HISTORY PROGRAM

$10,000
View Grant Profile

Maryland Historical Society Grants Recieved

Over the last fiscal year, we have identified 6 grants that Maryland Historical Society has recieved totaling $5,000.

Awarding OrganizationAmount
Campbell Foundation Inc

Timonium, MD

PURPOSE: UNRESTRICTED

$1,500
Eliasburg Family Foundation Inc

Baltimore, MD

PURPOSE: ALL FOR GENERAL PURPOSES

$1,000
Eliasburg Family Foundation Inc

Baltimore, MD

PURPOSE: ALL FOR GENERAL PURPOSES

$1,000
Frank C Marino Foundation Inc

Baltimore, MD

PURPOSE: GENERAL PURPOSE OF RECIPIENT

$800
Feather Foundation Inc

Brooklandville, MD

PURPOSE: UNRESTRICTED

$500
Buckingham School Of Frederick County Maryland

Baltimore, MD

PURPOSE: PROGRAM SUPPORT

$200
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$16,839,678
Earnings$639,907
Other Expense$902,318
Ending Balance$16,577,267

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