Overview
What is Baltimore Heritage Area Association Inc?
Baltimore Heritage Area Association Inc is a nonprofit organization located in Baltimore, Maryland, specifically at 1524 Hollins St. Their primary mission is to preserve, promote, and enhance Baltimore's cultural and historic legacy and natural resources for current and future generations. They achieve this by managing and assisting with three grant programs: the Small Cap Grant Program, the Maryland Heritage Areas Authority Project Grant Program, and the Heritage Investment Grant Program. The first two are funded through city and state resources, while the latter is funded using federal dollars. The grants aim to target investment in the preservation and development of key heritage tourism sites within the heritage area's boundaries. Additionally, the organization coordinates the submission of grant applications to the state through a local review and ranking process. The Baltimore Heritage Area Association Inc employs a team of 29 individuals devoted to this mission.
Official website here: www.explorebaltimore.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The Baltimore Heritage Area Association Inc has received a commendable score of 88% from Charity Navigator, indicating strong accountability and financial health. This rating is particularly notable as it is based solely on the Accountability & Finance beacon, demonstrating the organization's commitment to transparency and responsible financial management.
Strengths highlighted by the rating include a fully independent board, effective oversight of financial statements, and policies in place to address conflicts of interest and whistleblower protections. The organization also reports a high program expense ratio of 92.90%, suggesting that most of its funding is directed toward its charitable programs rather than administrative costs.
However, the organization has a liabilities to assets ratio of 60.09%, which may raise some concerns about financial stability. While this is not uncommon among nonprofits, it is a factor worth monitoring. Overall, the Baltimore Heritage Area Association Inc appears to be a well-managed nonprofit with a strong focus on accountability and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Baltimore Heritage Area Association Inc legitimate?
Baltimore Heritage Area Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Heritage Area Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $115,305
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,440
For more financial information, click here
Official website here: www.explorebaltimore.org
What is the mission statement of Baltimore Heritage Area Association Inc?
The Baltimore Heritage Area Association Inc's mission is centered around preserving, promoting, and enhancing Baltimore's cultural and historic legacy and natural resources for current and future generations. They achieve this by promoting heritage, cultural, and recreational tourism in the city through educational and cultural programs for visitors and the general public. The association manages and assists with three grant programs: the Small Cap Grant Program, the Maryland Heritage Areas Authority Project Grant Program, and the Heritage Investment Grant Program. Funding for these programs comes from city general obligation bond money and federal dollars, respectively. The Baltimore Heritage Area also coordinates the submission of grant applications to the state through a local review and ranking process, with the aim of targeting investment in the preservation and development of key heritage tourism sites within the association's boundaries.
Official website here: www.explorebaltimore.org
Who is the CEO of Baltimore Heritage Area Association Inc?
Shauntee Daniels is the President of Baltimore Heritage Area Association Inc.
Official website here: www.explorebaltimore.org
What is the revenue of Baltimore Heritage Area Association Inc?
Baltimore Heritage Area Association Inc's revenue in 2023 was $1,127,567.
Official website here: www.explorebaltimore.org
Who are the executives of Baltimore Heritage Area Association Inc and what are their salaries?
The average compensation at Baltimore Heritage Area Association Inc during 2023 was $12,508. There are 29 employees and 5 volunteers at Baltimore Heritage Area Association Inc.
Here are 6 key members and their salaries:
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- Compensation: $97,312
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- Other: $14,593
Official website here: www.explorebaltimore.org
Where can I find the form 990 for Baltimore Heritage Area Association Inc?
Baltimore Heritage Area Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.explorebaltimore.org
Learn more at the official website: www.explorebaltimore.org
Mission Statement of Baltimore Heritage Area Association Inc
Baltimore Heritage Area Association Inc is dedicated to preserving, promoting, and enhancing Baltimore's cultural and historic legacy and natural resources for current and future generations. Their mission involves safeguarding the city's rich heritage and fostering an appreciation for its history among the public. To achieve this goal, they engage in educational and cultural programs aimed at promoting heritage, cultural, and recreational tourism in Baltimore.
The organization manages and assists with three grant programs: the Small Cap Grant Program, the Maryland Heritage Areas Authority Project Grant Program, and the Heritage Investment Grant Program. The Small Cap Grant Program, funded through city general obligation bond money, and the Heritage Investment Grant Program, funded using federal dollars, are instrumental in targeting investment in the preservation and development of key heritage tourism sites within the heritage area's boundary. Additionally, the association coordinates the submission of grant applications to the state (MHAA) through a local review and ranking process, ensuring that valuable funds are allocated effectively. By overseeing these grant programs, Baltimore Heritage Area Association Inc plays a significant role in safeguarding and showcasing the city's cultural and historic legacy for generations to come.
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Impact
July, 2024
The Baltimore Heritage Area Association Inc plays a crucial role in preserving, promoting, and enhancing Baltimore's cultural and historic legacy, as well as its natural resources, for both current and future generations. They achieve this through various educational and cultural programs aimed at visitors and the general public. Additionally, the association manages and assists with three grant programs, targeting investments in the preservation and development of key heritage tourism sites within the area's boundary.
Through these initiatives, Baltimore Heritage Area Association Inc has a significant impact on fostering heritage, cultural, and recreational tourism in Baltimore. Their work helps in maintaining the city's historical significance and enriching the community's understanding and appreciation of its heritage. Furthermore, by coordinating grant applications and allocating funds to preservation projects, the association actively contributes to the sustainable development and conservation of Baltimore's cultural resources.
This information is meant to be a general summary of Baltimore Heritage Area Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $112
- Program Service Revenue: $129,621
- Gross Receipts: $1,127,567
Assets and Liabilities:
- Total Assets: $836,996
- Total Liabilities: $502,970
- Net Assets: $334,026
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HISTORICAL MARKERS/SIG
Revenue
$94,564
MENCKEN HOUSE
Revenue
$18,214
MUSEUM SUPPORT
Revenue
$14,836
OTHER PROGRAM
Revenue
$2,007
Organization Details
Founding Year
2011
Phone
(410) 878-6411Principal Officer
Shauntee Daniels
Main Address
1524 HOLLINS ST, BALTIMORE, MD, 21223
Website
www.explorebaltimore.orgNTEE Category
Code: A80 - Arts
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