MARYLAND SCIENCE CENTER: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- MARYLAND SCIENCE CENTER (EIN 52-0668166)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-03-08
- IRS object ID
- 201100679349300615
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-03-08T13:18:48-06:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Clifton Gunderson LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9515 Deereco Rd - Suite 500 | AddressLine1 |
| City | Timonium | City |
| State | MD | State |
| ZIP Code | 210932184 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 520668166 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARYLAND ACADEMY OF SCIENCES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MARY | NameControl |
| Phone | 4106852370 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 LIGHT STREET | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21230 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD M HESSE | Name |
| Title | COO/CFO | Title |
| Phone | 4106852370 | Phone |
| Date Signed | 2011-03-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Julia Buick CPA | Name |
| Phone | 4104530900 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD M HESSE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 LIGHT STREET | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21230 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 12743337 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.MDSCI.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1826 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | The Organization provides educational programs for those interested in the science field. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 30 | NbrIndependentVotingMembers |
| Total Nbr Employees | 282 | TotalNbrEmployees |
| Total Nbr Volunteers | 117 | TotalNbrVolunteers |
| Total Gross UBI | 613858 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -144878 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3765388 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3595768 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 6618422 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5047358 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -95488 | InvestmentIncomePriorYear |
| Investment Income Current Year | 118746 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 811360 | OtherRevenuePriorYear |
| Other Revenue Current Year | 671115 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 11099682 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9432987 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 8000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 8000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4641801 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4476401 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 549912 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7340536 | OtherExpensePriorYear |
| Other Expenses Current Year | 6381579 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 11990337 | TotalExpensesPriorYear |
| Total Expenses Current Year | 10865980 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -890655 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1432993 | RevenuesLessExpensesCY |
| Total Assets BOY | 43571939 | TotalAssetsBOY |
| Total Assets EOY | 42400384 | TotalAssetsEOY |
| Total Liabilities BOY | 11504775 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 11416393 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 32067164 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 30983991 | NetAssetsOrFundBalancesEOY |
| Mission Description | To stimulate and cultivate awareness, interest, and understanding of science for all residents of and visitors to Maryland through excellent and exciting educational programs and exhibits, and to be a regional resource and a national model of science education. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1972580 | Expense |
| Grants | 8000 | Grants |
| Revenue | 807924 | Revenue |
| Description | Educational Courses - Educator led Enrichment Experiences enhance the field trip visit by offering an in-depth look at scientific principals and phenomena. These courses lay the groundwork for teachers to continue the field trip post-visit. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2206437 | Expense |
| Revenue | 375 | Revenue |
| Description | Exhibits - By taking school children out of the classroom and into the science center's immersive environment, children experience science in a hands-on way that helps illustrate lessons they learn back in their schools. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1820279 | Expense |
| Revenue | 847276 | Revenue |
| Description | IMAX Theatre and Davis Planetarium - IMAX films, especially the documentary format, take students on a journey to places they may never actually visit and help illustrate the wonders of nature, outer space, and scientific phenomena. The Planetarium's domed theater can bring astronomy down to the intimate level for close examination of planets and stars that are light years away. | Description |
Activity Other ActivityOther (3 entries)
| ExpenseExpense | RevenueRevenue | DescriptionDescription |
|---|---|---|
| 372174 | 2161356 | Guest Services - Committed to unhindered access, the Science Center's Guest Services staff ensures that everyone who wants to experience all the institution has to offer can do so regardless of disability or other access challenges. |
| 165826 | 471998 | Science Store - The Store provides Educators with teaching aids, books, models and other items that extend the lesson of the visit back in the classroom. Parents can avail themselves of unique learning tools, computer programs, science kits and other educational products not readily available at conventional retail outlets. |
| 15329 | 582725 | Membership - Members help make programming possible at the Maryland Science Center through their contributions to the membership program. As a partner with the Science Center, members are vested in the institution and are part of a community of people who value science education and the important role that science plays in our everyday lives. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 553329 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 3216079 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 6552625 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 39 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 282 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 30 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Richard M Hesse | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4106852370 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 Light Street | AddressLine1 |
| City | Baltimore | City |
| State | MD | State |
| ZIP Code | 21230 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (38 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Alexander T Mason | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Edward A St John | |||||||
| Chairman of the Board | 2.00 | X | 0 | 0 | 0 | X | |
| David B Amy | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Louise Z Barber | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| James W Brinkley | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Dick Cass | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Jonathan D Eisner | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Dr Catherine C Fenselau | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Saul E Gilstein | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Willard HAckerman | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Rev Frank Haig SJ PhD | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Mark P Huston | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Maria C Espinoza-Jacobs MD | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| George J Kilroy | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Christopher B Levey | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Glenn R McKim | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Harry O'Mealia | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| R Todd Ruppert | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Daniel Schultz | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Scott R Somerville | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Rochelle Spector | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Richard B Talkin | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Thomas J Whiteford | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| George W Young PhD | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Edward J Achtner | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Stuart R Amos | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Gregory N Barnhill | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Charles J Brinkman | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Stephen K Heine | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Patricia L Schmoke MD | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Brant Standridge | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Francie Cohen Spahn | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| York Eggleston IV | |||||||
| trustee | 2.00 | X | 0 | 0 | 0 | ||
| Van R Reiner | |||||||
| President & CEO | 50.00 | 165565 | 0 | 10926 | X | ||
| Phyllis S Clements | |||||||
| Secretary | 40.00 | 41600 | 0 | 2902 | X | ||
| Richard M Hesse | |||||||
| Treasurer / CFO & COO | 40.00 | 107640 | 0 | 8830 | X | ||
| Joyce M Focht | |||||||
| Assistant Treasurer | 40.00 | 57000 | 0 | 2851 | X | ||
| Toni Condon | |||||||
| V.P. of Institutional Advancement | 40.00 | 150000 | 0 | 7927 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 521805 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 33436 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line1AddressOfContractor/AddressForeign/AddressLine1 | CityAddressOfContractor/AddressForeign/City | Province Or StateAddressOfContractor/AddressForeign/ProvinceOrState | CountryAddressOfContractor/AddressForeign/Country | Postal CodeAddressOfContractor/AddressForeign/PostalCode |
|---|---|---|---|---|---|---|---|---|---|---|
| Quatrefoil Associates | ||||||||||
| 29 C Street | Laurel | MD | 20707 | Exhibit Designers | 404926 | |||||
| Potteiger-Raintree Inc | ||||||||||
| 342 Commerce Drive | Glen Rock | PA | 17327 | Roofing Contractors | 380000 | |||||
| SK Films Inc | ||||||||||
| Film Makers | 300000 | 225 Commissioners Street | Toronto | Ontario | CA | NM 0A1 | ||||
| Aramark | ||||||||||
| 601 Light Street | Baltimore | MD | 21230 | Caterers | 208252 | |||||
| Walt Disney Studios Motion Pictures | ||||||||||
| 13497 Collections Center Drive | Chicago | IL | 60693 | Film Makers | 187579 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 10 | NumberOfContractorsGT100K |
| Fundraising Events | 157476 | FundraisingEvents |
| Government Grants | 1929891 | GovernmentGrants |
| All Other Contributions | 1508401 | AllOtherContributions |
| Total Contributions | 3595768 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| Admissions | 900099 | 3042025 | 3042025 | |
| Education Programs | 611710 | 807924 | 807924 | |
| Admissions | 512000 | 614309 | 614309 | |
| Membership Dues | 900099 | 582725 | 582725 | |
| Exhibit Programs | 611710 | 375 | 375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5047358 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 135388 | TotalRevenueColumn |
| Exclusion | $135,388 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 232961 | TotalRevenueColumn |
| Exclusion | $232,961 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 115352 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 149196 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -33844 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -33844 | TotalRevenueColumn |
| Related Or Exempt Function Income | -33393 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -451 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2718261 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2734903 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -16642 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -16642 | TotalRevenueColumn |
| Exclusion | -$16,642 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 132404 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 157476 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 132404 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 765845 | GrossSalesOfInventory |
| Cost Of Goods Sold | 293847 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 471998 | TotalRevenueColumn |
| Related Or Exempt Function Income | 471998 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9432987 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4871654 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 613858 | UnrelatedBusinessRevenue |
| Exclusion | $351,707 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8000 | Total |
| Program Services | 8000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 397314 | Total |
| Program Services | 242009 | ProgramServices |
| Management And General | 137656 | ManagementAndGeneral |
| Fundraising | 17649 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3510219 | Total |
| Program Services | 2013856 | ProgramServices |
| Management And General | 1208916 | ManagementAndGeneral |
| Fundraising | 287447 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48751 | Total |
| Program Services | 29141 | ProgramServices |
| Management And General | 15945 | ManagementAndGeneral |
| Fundraising | 3665 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219246 | Total |
| Program Services | 125807 | ProgramServices |
| Management And General | 76747 | ManagementAndGeneral |
| Fundraising | 16692 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 300871 | Total |
| Program Services | 174300 | ProgramServices |
| Management And General | 104584 | ManagementAndGeneral |
| Fundraising | 21987 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1640 | Total |
| Management And General | 1640 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31000 | Total |
| Management And General | 31000 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35851 | Total |
| Management And General | 35851 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1048596 | Total |
| Program Services | 665429 | ProgramServices |
| Management And General | 326733 | ManagementAndGeneral |
| Fundraising | 56434 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 598412 | Total |
| Program Services | 7012 | ProgramServices |
| Management And General | 587713 | ManagementAndGeneral |
| Fundraising | 3687 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 520335 | Total |
| Program Services | 232868 | ProgramServices |
| Management And General | 146833 | ManagementAndGeneral |
| Fundraising | 140634 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 612168 | Total |
| Program Services | 3244 | ProgramServices |
| Management And General | 608924 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27469 | Total |
| Program Services | 18395 | ProgramServices |
| Management And General | 8048 | ManagementAndGeneral |
| Fundraising | 1026 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 300883 | Total |
| Program Services | 58859 | ProgramServices |
| Management And General | 242024 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2038650 | Total |
| Program Services | 2038650 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125400 | Total |
| Program Services | 6668 | ProgramServices |
| Management And General | 118243 | ManagementAndGeneral |
| Fundraising | 489 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PROGRAM RENTALS | 925800 | 925800 | ||
| PUBLICATIONS | 82501 | 82501 | ||
| Miscellaneous | 17374 | 2587 | 14585 | 202 |
| Bad Debt | 15500 | 15500 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10865980 | Total |
| Program Services | 6552625 | ProgramServices |
| Management And General | 3763443 | ManagementAndGeneral |
| Fundraising | 549912 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1196155 | BOY |
| EOY | 525384 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 504968 | BOY |
| EOY | 477445 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1975812 | BOY |
| EOY | 1983616 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58472 | BOY |
| EOY | 131442 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72826 | BOY |
| EOY | 76947 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 379546 | BOY |
| EOY | 80397 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 58892133 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 23761014 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35739011 | BOY |
| EOY | 35131119 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3525481 | BOY |
| EOY | 3898454 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 119668 | BOY |
| EOY | 95580 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43571939 | BOY |
| EOY | 42400384 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 780974 | BOY |
| EOY | 915032 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 507622 | BOY |
| EOY | 443738 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6400000 | BOY |
| EOY | 6000000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2784968 | BOY |
| EOY | 3019537 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1031211 | BOY |
| EOY | 1038086 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11504775 | BOY |
| EOY | 11416393 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28254570 | BOY |
| EOY | 28299355 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3673657 | BOY |
| EOY | 2545699 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 138937 | BOY |
| EOY | 138937 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32067164 | BOY |
| EOY | 30983991 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43571939 | BOY |
| EOY | 42400384 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5193757 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4231014 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3790906 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3765388 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3595768 | CurrentTaxYear |
| Total | 20576833 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5193757 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4231014 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3790906 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3765388 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3595768 | CurrentTaxYear |
| Total | 20576833 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 570871 | AmountsSubstContributorsTotal |
| Public Support Total170 | 20005962 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 623523 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 575200 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 493091 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 442026 | CurrentTaxYearMinus1Year |
| Current Tax Year | 368349 | CurrentTaxYear |
| Total | 2502189 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 27973 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 21957 | CurrentTaxYearMinus3Years |
| Total | 49930 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 23128952 | TotalSupport |
| Gross Receipts From Admissions Etc | 34255162 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.86500 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.89530 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3735223 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 473133 | InvestmentEarningsOrLosses |
| Other Expenditures | 100220 | OtherExpenditures |
| End Of Year Balance | 4108136 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4407540 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -664317 | InvestmentEarningsOrLosses |
| Other Expenditures | 8000 | OtherExpenditures |
| End Of Year Balance | 3735223 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.95420 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.03380 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.01200 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4412766 | OtherCostOrOtherBasis |
| Book Value | 4412766 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 36873359 | OtherCostOrOtherBasis |
| Depreciation | 13171181 | Depreciation |
| Book Value | 23702178 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11525724 | OtherCostOrOtherBasis |
| Depreciation | 6964767 | Depreciation |
| Book Value | 4560957 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6080284 | OtherCostOrOtherBasis |
| Depreciation | 3625066 | Depreciation |
| Book Value | 2455218 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 35131119 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Capital Lease Obligation | $698,989 |
| INTEREST RATE SWAP | $339,097 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1038086 | TotalOfAmounts |
| Total Revenue | 9432987 | TotalRevenue |
| Total Expenses | 10865980 | TotalExpenses |
| Excess Or Deficit For Year | -1432993 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 397580 | NetUnrealizedGLOnInvestments |
| Other | -$47,760 | OtherAmount |
| Total Adjustments | 349820 | TotalAdjustments |
| Excess Or Deficit Per FS | -1083173 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 10370163 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 397580 | NetUnrealizedGainsInvestments |
| Other Revenues | 575447 | OtherRevenues |
| Revenue Not Rptd F990 | 973027 | RevenueNotRptdF990 |
| Revenue Subtotal | 9397136 | RevenueSubtotal |
| Investment Expenses Not Included | 35851 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 35851 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9432987 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 11453336 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 623207 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 623207 | ExpensesNotRptdF990 |
| Expenses Subtotal | 10830129 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 35851 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 35851 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 10865980 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Part III, Line 1a: | The Academy has a collection of historical maps, charts and other plans which is protected and preserved. Collection items acquired either through purchase or donation are not capitalized. Purchases of collection items are recorded as decreases in unrestricted net assets if purchased with unrestricted assets and as decreases in temporarily restricted or permanently restricted net assets if purchased with donor-restricted assets. Contributions of collection items are not recognized in the Statements of Activities. Proceeds from deaccessions or insurance recoveries are reflected on the Statements of Activities based on the absence or existence and nature of donor-imposed restrictions. | |
| Part III, Line 4: | The Organization has a collection of maps of the city the organization is located in and various surrounding areas. They were donated to the Organization prior to 1938. These maps were on loan to a local public library for display and have recently been returned the the organization. | |
| Part V, Line 4: | The Academy's endowments consist of funds established to support scholarships and other educational purposes. | Description of Intended Use of Endowment Funds: |
| Part XI, Line 8 - Other Adjustments: | Change in Value of Interest Rate Swap: -47760. | |
| Part XII, Line 2d - Other Adjustments: | Special Event Expenses: 132404. Cost of Goods Sold: 293847. Rental Expenses: 149196. | |
| Part XIII, Line 2d - Other Adjustments: | Rental Expenses: 149196. Special Event Expenses: 132404. Cost of Goods Sold: 293847. Change in Value of Interest Rate Swap: 47760. | |
| Part X, Line 2: The academy adopted the FASB's requirements for accounting for uncertain tax positions on July 1, 2009. The Academy determined it was not required to record a liability related to uncertain tax positions as a result of implementing the new requirements. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Solstice | NameOfEvent1 |
| Gross Receipts Event1 | 289880 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 157476 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 132404 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 132404 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 289880 | GrossReceiptsTotal |
| Charitable Contributions Total | 157476 | CharitableContributionsTotal |
| Gross Revenue Total Events | 132404 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 132404 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 132404 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Outstanding Young Scientist - Award | 1 | 2500 |
| Outstanding Young Engineer - Award | 1 | 2500 |
| Glass Scholarship Recipients | 2 | 3000 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: The monitoring process for scholarships is direct payment to the recipients' college. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Van R Reiner | |||||||||||||
| 165565 | 0 | 0 | 0 | 0 | 0 | 4967 | 0 | 5959 | 0 | 176491 | 0 | 0 | 0 |
| Toni Condon | |||||||||||||
| 150000 | 0 | 0 | 0 | 0 | 0 | 4500 | 0 | 3427 | 0 | 157927 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Maryland Economic Development Corporation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521376562 | IssuerEIN |
| CUSIP Number | 57420NAN1 | CUSIPNumber |
| Date Issued | 2003-04-01 | DateIssued |
| Issue Price | 14000000 | IssuePrice |
| Description Of Purpose | To finance and refinance costs of expansion and renovation of facilities. | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 14000000 | TotalProceeds |
| Issuance Costs From Proceeds | 21998 | IssuanceCostsFromProceeds |
| Capital Expenditures | 13978002 | CapitalExpenditures |
| Year Of Subst Completion | 2004 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Percentage Of Prvt Business Re UBI | 0.00190 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00190 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | Form 990 is reviewed by the Finance Committee of the Board of Trustees prior to filing and subsequently made available to all Board Members. Additionaly, the CFO/COO of the organization reviews the 990 before filing. |
| Form 990, Part VI, Section B, line 15 | The Compensation Comittee reviews comparability data prepared by the Organization's CFO and makes a recommendation to the full Board of Trustees regarding top management officials and the Organization's staff. This is documented in the minutes. |
| Form 990, Part VI, Section C, line 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE IF REQUESTED. |
| FORM 990, PART XI, LINE 2C | The process the Finance Committee uses for overseeing the audit of the financial statements and selection of the independent accountant has not changed from prior year. |