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Nonprofiteer
← MARYLAND HISTORICAL SOCIETY

Form 990 for tax year 2023

Filed by MARYLAND HISTORICAL SOCIETY.

Totals

Total revenue
$5,060,115
Total expenses
$5,553,827
Contributions and grants received
$2,815,661
Grants paid
$172,000
Program service revenue
$335,363
Investment income
$1,819,295
Other revenue
$89,796
Total assets, end of year
$41,805,321
Total liabilities, end of year
$451,173
Net assets or fund balances, end of year
$41,354,148
Program services expenses (Part IX)
$3,777,330
Management and general expenses
$1,227,551
Fundraising expenses
$548,946
Program service expenses (Part III)
$3,777,330

Program services were 68.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $631,844

  • 1e · Government grants (contributions)

    $1,456,974

  • 1f · All other contributions, gifts and grants

    $726,843

  • 2a · Program service revenue: ADMISSION FEES

    total $256,716 · related or exempt $256,716

  • 2b · Program service revenue: PUBLICATIONS

    total $43,645 · related or exempt $43,645

  • 2c · Program service revenue: PUBLIC PROGRAMMING

    total $30,858 · related or exempt $30,858

  • 2d · Program service revenue: REPRODUCTION & COPY SERVICES

    total $4,144 · related or exempt $4,144

  • 3 · Investment income

    total $644,380 · excluded $644,380

  • 5 · Royalties

    total $256 · excluded $256

  • 6a · Gross rents

    real property $64,663

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $64,663

  • 6d · Net rental income or loss

    total $64,663 · related or exempt $64,663

  • 7a · Gross sales of assets other than inventory

    securities $10,190,050

  • 7b · Less cost or other basis and sales expenses

    securities $9,015,135

  • 7c · Gain or loss

    securities $1,174,915

  • 7d · Net gain or loss

    total $1,174,915 · excluded $1,174,915

  • 10a · Gross sales of inventory

    $72,247

  • 10b · Cost of goods sold

    $47,370

  • 10c · Net income from sales of inventory

    total $24,877 · unrelated business $1,418 · excluded $23,459

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $172,000 · program services $172,000

  • 5 · Compensation of officers, directors and key employees

    total $256,750 · program services $160,360 · management and general $58,137 · fundraising $38,253

  • 7 · Other salaries and wages

    total $1,874,869 · program services $1,170,997 · management and general $424,534 · fundraising $279,338

  • 8 · Pension plan contributions

    total $48,767 · program services $21,870 · management and general $17,183 · fundraising $9,714

  • 9 · Other employee benefits

    total $193,351 · program services $135,191 · management and general $30,204 · fundraising $27,956

  • 10 · Payroll taxes

    total $151,503 · program services $89,849 · management and general $38,868 · fundraising $22,786

  • 11b · Fees: legal

    total $2,500 · management and general $2,500

  • 11c · Fees: accounting

    total $67,942 · management and general $67,942

  • 11f · Fees: investment management

    total $134,294 · management and general $134,294

  • 11g · Fees: other

    total $271,203 · program services $148,430 · management and general $31,058 · fundraising $91,715

  • 12 · Advertising and promotion

    total $19,578 · program services $19,578

  • 13 · Office expenses

    total $30,223 · program services $16,619 · management and general $10,088 · fundraising $3,516

  • 14 · Information technology

    total $138,222 · program services $57,544 · management and general $47,721 · fundraising $32,957

  • 16 · Occupancy

    total $432,936 · program services $392,370 · management and general $40,566

  • 17 · Travel

    total $28,277 · program services $17,146 · management and general $8,588 · fundraising $2,543

  • 22 · Depreciation, depletion and amortization

    total $618,739 · program services $560,763 · management and general $57,976

  • 23 · Insurance

    total $87,865 · program services $12,636 · management and general $75,229

  • 24a · Other expenses: EXHIBITION COSTS

    total $400,328 · program services $400,232 · management and general $96

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $339,697 · program services $227,973 · management and general $111,724

  • 24c · Other expenses: PRINTING

    total $142,174 · program services $123,665 · management and general $2,655 · fundraising $15,854

  • 24d · Other expenses: MISCELLANEOUS

    total $78,606 · program services $20,934 · management and general $51,299 · fundraising $6,373

  • 24e · All other expenses

    total $64,003 · program services $29,173 · management and general $16,889 · fundraising $17,941

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $8,761 · end of year $16,498

  • 3 · Pledges and grants receivable

    beginning of year $647,611 · end of year $384,765

  • 4 · Accounts receivable

    beginning of year $273,288

  • 8 · Inventories for sale or use

    beginning of year $105,689 · end of year $58,888

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,494 · end of year $47,603

  • 10a · Land, buildings and equipment: cost or other basis

    $27,550,951

  • 10b · Land, buildings and equipment: accumulated depreciation

    $14,240,066

  • 10c · Land, buildings and equipment, net

    beginning of year $13,285,210 · end of year $13,310,885

  • 11 · Investments: publicly traded securities

    beginning of year $26,037,103 · end of year $27,731,310

  • 14 · Intangible assets

    beginning of year $11,491 · end of year $6,188

  • 15 · Other assets

    beginning of year $256,369 · end of year $249,184

  • 17 · Accounts payable and accrued expenses

    beginning of year $442,570 · end of year $258,952

  • 19 · Deferred revenue

    beginning of year $124,640 · end of year $140,000

  • 23 · Secured mortgages and notes payable

    beginning of year $68,889 · end of year $52,221

  • 27 · Net assets without donor restrictions

    beginning of year $18,131,542 · end of year $19,181,118

  • 28 · Net assets with donor restrictions

    beginning of year $21,867,375 · end of year $22,173,030

Mission and programs · 2023

Mission

THE MARYLAND HISTORICAL SOCIETY SERVES 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 BUT PROMOTING SCHOLARSHIP THROUGH PUBLICATIONS AND BY PROVIDING EDUCATIONAL SERVICES AT ITS OWN CAMPUS AND THROUGHOUT THE STATE.

Activities or mission (Part I)

THE MARYLAND HISTORICAL SOCIETY SERVES 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.

  • 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.

    Expenses $2,205,832 · Grants $172,000 · Revenue $352,237

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

    Expenses $1,075,206

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

    Expenses $496,292 · Revenue $47,789

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Wanda Keyes Heard

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Thomas Brandt

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Clinton R Daly

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Banes

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Andrew M Brooks

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Eleanor M Carey

    FIRST VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • M Willis Macgill

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Angel Gonzalez-Sanfeliu

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • C John Sullivan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Charles W Mitchell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Christopher J Logsdon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • David Taft Terry

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Diane Hutchins

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Fredrick C Leiner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Henry Hopkins

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Julia Madden

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Katherine Pinkard

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lynn Springer Roberts

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Mary Tyding Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Maya Davis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Neal Naff

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Richard Bell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Robert Hopkins

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Robert W Schoeberlein

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ryan Yu

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Stiles Tuttle Colwill

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Tyler A Tate

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Thomas H Maddux IV

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • William Jackson Cook

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • William M Gore

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Adam Goodheart

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Pam Malester

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kevin McAllister

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Keiffer Mitchell Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Marcus Nicks

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Katie Caljean

    PRESIDENT & CEO

    Total calculated
    $137,733
    From this org
    $132,500
    From related orgs
    $0
    Other
    $5,233
    Hours/week
    35

  • Kevin Ridgely

    CFO

    Total calculated
    $126,480
    From this org
    $126,250
    From related orgs
    $0
    Other
    $230
    Hours/week
    28

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202521359349306612

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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