Logo for "University of Maryland Baltimore Foundation Inc"

University of Maryland Baltimore Foundation Inc

University of Maryland Baltimore Foundation Inc

Baltimore, MD, US
501(c)(3)
EIN
31-1678679
Regional Funder
Logo for "University of Maryland Baltimore Foundation Inc"

University of Maryland Baltimore Foundation Inc

Baltimore, MD, US
501(c)(3)
EIN
31-1678679
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$52,023,120

Contributions
59%
Other
23%
Investments
17%
Fundraising Events
<1%
Program Services
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024

$37,904,135

Grants
65%
Fees to Service Providers
17%
Other
12%
Offices, Occupancy & IT
3%
Advertising & Promotion
2%
Salaries & Benefits
1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$40,479,439
$30,575,029
-24%
Government Grants
$0
$0
-
Fundraising Events
$392,669
$476,070
+21%
Program Services
$109,556
$74,629
-32%
Membership Dues
$0
$0
-
Investments
$7,236,328
$9,096,516
+26%
Other
$5,728,966
$11,800,876
+106%
Total Revenues
$53,946,958
$52,023,120
-4%
Expenses
2023
2024
Change
Grants
$23,743,710
$24,646,038
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$439,736
-
Fees to Service Providers
$6,835,001
$6,256,885
-8%
Advertising & Promotion
$928,864
$910,932
-2%
Offices, Occupancy & IT
$904,169
$1,053,017
+16%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$4,906,636
$4,597,527
-6%
Total Expenses
$37,318,380
$37,904,135
+2%
Net income
2023
2024
Change
Net income
+$16,628,578
+$14,118,985
-15%
Functional Expenses
Summary
2023
2024
Change
Program
$28,908,310
$30,414,338
+5%
Admin
$6,105,972
$5,409,864
-11%
Fundraising
$2,304,098
$2,079,933
-10%
Total Expenses
$37,318,380
$37,904,135
+2%
Income Statement
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