NOTRE DAME OF MARYLAND UNIVERSITY INC

NOTRE DAME OF MARYLAND UNIVERSITY INC

BALTIMORE, MD, US
501(c)(3)
EIN
52-0591641
School
Subordinate Organization

NOTRE DAME OF MARYLAND UNIVERSITY INC

BALTIMORE, MD, US
501(c)(3)
EIN
52-0591641
School
Subordinate Organization

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$63,246,516

Program Services
72%
Government Grants
17%
Contributions
8%
Other
2%
Investments
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$63,334,465

Salaries & Benefits
44%
Grants
22%
Other
21%
Depreciation
7%
Offices, Occupancy & IT
4%
Interest
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,838,217
$4,798,716
+69%
Government Grants
$13,398,798
$10,478,701
-22%
Fundraising Events
$0
$0
-
Program Services
$35,771,101
$45,572,459
+27%
Membership Dues
$0
$0
-
Investments
$1,015,082
$1,153,158
+14%
Other
$2,171,188
$1,243,482
-43%
Total Revenues
$55,194,386
$63,246,516
+15%
Expenses
2023
2024
Change
Grants
$9,197,789
$14,163,014
+54%
Benefits to Members
$0
$0
-
Salaries & Benefits
$24,982,714
$27,784,425
+11%
Fees to Service Providers
$430,847
$504,077
+17%
Advertising & Promotion
$593,467
$428,978
-28%
Offices, Occupancy & IT
$1,883,755
$2,260,530
+20%
Interest
$747,316
$797,898
+7%
Depreciation
$4,191,273
$4,245,147
+1%
Other
$12,287,690
$13,150,396
+7%
Total Expenses
$54,314,851
$63,334,465
+17%
Net income
2023
2024
Change
Net income
+$879,535
-$87,949
-110%
Functional Expenses
Summary
2023
2024
Change
Program
$38,222,843
$46,090,130
+21%
Admin
$14,971,579
$16,229,555
+8%
Fundraising
$1,120,429
$1,014,780
-9%
Total Expenses
$54,314,851
$63,334,465
+17%
Income Statement
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