Overview
What is Maryland Historical Society Inc?
Maryland Historical Society Inc, located at 610 PARK AVENUE, BALTIMORE, MD, 21201, is a vital nonprofit organization that preserves and shares the rich history of Maryland. They maintain extensive library and museum collections, serving as a central repository for the state's historical artifacts and events. The organization aims to promote scholarship through publications and educational services, both on their campus and throughout Maryland. Their mission is to educate the general public and those interested in Maryland history, fostering a deeper understanding of the state's past. With a dedicated workforce of 39 individuals, Maryland Historical Society Inc plays a significant role in preserving and celebrating Maryland's heritage.
Official website here: www.mdhistory.org
What are the reviews and ratings of this charity?
**Rating: 100% (Four-Star out of Four Star rating from Charity Navigator)**
The Maryland Historical Society Inc achieves an impressive Four-Star rating on Charity Navigator, reflecting exceptional accountability and financial health. With a score of 100% in accountability and finance, the organization demonstrates robust oversight practices, including a fully independent board of 29 members and a strong commitment to financial transparency and governance. Key metrics, such as its program expense ratio of 74.51% and an efficient fundraising cost of $0.10, highlight the organization's effective use of resources.
Strengths are evident in the society's adherence to best practices in financial management and governance, like having comprehensive conflict of interest and whistleblower policies. The society has maintained a low liability-to-asset ratio of just 1.66%, indicating stability and resilience. Furthermore, the organization prominently displays its financial documents, including tax forms and board meeting minutes, fostering trust and confidence among stakeholders.
However, specific user feedback from GreatNonprofits is not available at this time, which limits insights into the general public's experience with the organization. Overall, the Maryland Historical Society Inc stands out as a well-managed nonprofit organization with a strong reputation for accountability and effective financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Maryland Historical Society Inc legitimate?
Maryland Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Historical Society 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: $266,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,744,015
For more financial information, click here
Official website here: www.mdhistory.org
What is the mission statement of Maryland Historical Society Inc?
The Maryland Historical Society Inc. serves the interest of individuals who are intrigued by Maryland's history by preserving extensive library and museum collections that are significant to the state's past. They promote scholarly work through publications and offer educational services, extending beyond their own campus to various locations throughout the state. The society's mission is accomplished through gallery and museum displays and tours, which educate the general public about historical artifacts and events relevant to Maryland's history.
In essence, the Maryland Historical Society Inc. is dedicated to safeguarding comprehensive collections of historical significance, fostering scholarly research, and disseminating knowledge about Maryland's history through various educational channels. Their efforts aim to engage and educate individuals interested in the state's rich history.
Official website here: www.mdhistory.org
Who is the CEO of Maryland Historical Society Inc?
Mark Letzer is the President And Ceo of Maryland Historical Society Inc. The CEO's salary of Maryland Historical Society Inc is $140,192 and their total compensation is $146,476.
Official website here: www.mdhistory.org
What is the revenue of Maryland Historical Society Inc?
Maryland Historical Society Inc's revenue in 2021 was $7,220,230.
Official website here: www.mdhistory.org
Who are the executives of Maryland Historical Society Inc and what are their salaries?
The average compensation at Maryland Historical Society Inc during 2021 was $51,550. There are 39 employees and 60 volunteers at Maryland Historical Society Inc.
Here are 33 key members and their salaries (Maryland Historical Society Inc's CEO's salary is $140,192 and their total compensation is $146,476):
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- Compensation: $114,231
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- Other: $5,712
Official website here: www.mdhistory.org
Where can I find the form 990 for Maryland Historical Society Inc?
Maryland Historical Society Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.mdhistory.org
Learn more at the official website: www.mdhistory.org
Mission Statement of Maryland Historical Society Inc
Maryland Historical Society, a dedicated organization, serves the people interested in Maryland's history and the state's residents by preserving comprehensive library and museum collections that hold significant historical value. The society promotes scholarly research through publications and offers educational services both at its own campus and throughout the state. By doing so, it strives to enrich the understanding of Maryland's history and contribute to the broader academic community.
The Maryland Historical Society plays a vital role in nurturing an appreciation for the state's past by maintaining a vast collection of artifacts and resources. These collections are not only essential to Maryland's history but also form a central part of the country's broader historical narrative. By promoting scholarly research, the society encourages in-depth analysis and interpretation of these historical artifacts, ensuring that the knowledge they contain is accessible and meaningful to a wide audience.
Furthermore, the Maryland Historical Society extends its educational mission beyond its own campus, reaching out to communities across the state. Through its educational services, the society seeks to engage the public in a dialogue about Maryland's history, fostering a deeper understanding of the state's past and its continued relevance in contemporary society. By promoting scholarly research and providing educational services, the Maryland Historical Society is committed to enriching the lives of Marylanders and those interested in the state's history.
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Impact
July, 2024
Maryland Historical Society Inc serves the people of Maryland and those interested in Maryland history by stewarding comprehensive library and museum collections central to the state's history. Through its gallery and museum displays, tours, and educational services, the organization helps educate the general public on historical artifacts and events related to Maryland history. The impact of Maryland Historical Society Inc is instrumental in promoting scholarship, preserving cultural heritage, and fostering a deeper understanding of the state's rich history.
This information is meant to be a general summary of Maryland Historical Society 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 2021.
- Investment Income: $2,277,700
- Program Service Revenue: $95,819
- Gross Receipts: $12,833,809
Assets and Liabilities:
- Total Assets: $43,283,952
- Total Liabilities: $687,527
- Net Assets: $42,596,425
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM SERVICE REVENUE
Revenue
$39,825
REPRODUCTION & COPY SERVICES
Revenue
$23,770
PUBLIC PROGRAM
Revenue
$15,727
TOURS AND ADMISSIONS
Revenue
$9,217
PUBLICATIONS
Revenue
$7,280
Organization Details
Founding Year
1844
Phone
(410) 685-3750Principal Officer
Mark Letzer
Main Address
610 PARK AVENUE, BALTIMORE, MD, 21201
Website
www.mdhistory.orgNTEE Category
Code: A800 - Arts
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