BETAMORE INC

Baltimore, MD, US
501(c)3
EIN
52-2156026
Baltimore, MD, US
501(c)3
EIN
52-2156026

Overview

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Est.

1999

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Betamore Inc is a nonprofit organization based in Maryland, established in 2012, that focuses on economic development by fostering entrepreneurship and technology. As an award-winning coworking space and incubator, it aims to position Baltimore as a global entrepreneurship destination through its core pillars of incubation, education, and community development. With an operating budget of $71.3K and total revenue of $37.7K for the 2025 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at https://betamore.com.

Mission Statement

BETAMORE, INC. ORGANIZATION IS A NOTFORPROFIT ORGANIZATION INCORPORATED UNDER THE LAWS OF THE STATE OF MARYLAND. THE ORGANIZATION IS AN AWARDWINNING COWORKING SPACE, INCUBATOR AND CAMPUS FOR ENTREPRENEURSHIP AND TECHNOLOGY. THE ORGANIZATION'S MISSION IS TO MAKE BALTIMORE A GLOBAL ENTREPRENEURSHIP DESTINATION. ESTABLISHED IN 2012, THE ORGANIZATION ACTIVELY SUPPORTS, LAUNCHES AND GROWS TECHNOLOGYBASED STARTUP COMPANIES BY DELIVERING ON THREE CORE PILLARS: INCUBATION, EDUCATION AND COMMUNITY DEVELOPMENT.
Revenues

$37.7K

Expenses

$71.3K

Net Income:
-$33.7K
Assets

$17.9K

Liabilities

$271.6K

Net Assets:
-$253.7K
Operating Budget

$71.3K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$37.5K
Largest grant received
$37.5K
K
Kimmy Andrulonis
Board Member
G
George Davis
Board Member
B
Bradly Myers
Board Member

Frequently Asked Questions

What is BETAMORE INC’s budget?
In 2025, BETAMORE INC reported an annual operating budget of around $71 thousand. More detailed financial information is available to registered users.
What causes does BETAMORE INC support?
BETAMORE INC supports work in Economic development.
Where does BETAMORE INC operate?
BETAMORE INC is headquartered in Baltimore, MD.
Who funded BETAMORE INC recently?
In 2024, BETAMORE INC received grants from THE ABELL FOUNDATION INC, THE ABELL FOUNDATION INC, and THE ABELL FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant BETAMORE INC received in 2024?
The largest grant to BETAMORE INC in 2024 exceeds $38 thousand.
Overview
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