WATERFRONT PARTNERSHIP OF BALTIMORE INC

EIN: 203682821 501(c)(3) Community Improvement

Baltimore, MD

Total Revenue
$11,504,334
Total Expenses
$7,813,992
Total Assets
$10,962,690
Net Assets
$9,931,789
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MD
Principal Officer
Dan Taylor
Phone
4437433307
Tax Period
2024-07-01 to 2025-06-30

WATERFRONT PARTNERSHIP OF BALTIMORE INC, founded in 2005, is a mid-sized nonprofit in the Community Improvement sector that reported $11.5M in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.7M, a strong 32% operating margin.

Mission

Waterfront Partnership of Baltimore Inc. is a non-profit organization dedicated to enhancing and promoting the waterfront district, parks, and public spaces. We create welcoming programs, events, and recreational experiences while working toward a healthy harbor. We are committed to fostering connections among diverse communities to ensure equitable access to our blue and green spaces.

Program Service Accomplishments

Program 1
Expenses: $1,654,691 Revenue: $0

Healthy Harbor. As of FY2025, the trash wheels have collected 7.4M tons of litter and debris. We engaged 714 volunteers in raising 341,246 spat-on shells (i.e., baby oysters), which were grown in the...

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Healthy Harbor. As of FY2025, the trash wheels have collected 7.4M tons of litter and debris. We engaged 714 volunteers in raising 341,246 spat-on shells (i.e., baby oysters), which were grown in the Harbor and then transplanted by boat to the Fort Carroll Oyster Sanctuary Reef. Our Harbor Scholars program provided 445 Baltimore City students with no-cost field trips.

Program 2
Expenses: $1,423,935 Revenue: $0

Maintenance. Our clean teams are committed to keeping our parks, public spaces, and promenades clean, welcoming, and attractive. The Clean Team emptied 13,000 trash cans, removed over 575,000 pounds...

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Maintenance. Our clean teams are committed to keeping our parks, public spaces, and promenades clean, welcoming, and attractive. The Clean Team emptied 13,000 trash cans, removed over 575,000 pounds of trash, and removed 4,562 pieces of graffiti. 100% of mystery shoppers stated our parks are clean and inviting to visit.

Program 3
Expenses: $1,417,222 Revenue: $0

Hospitality and Safety. Hospitality guides greet visitors and provide information. During Fiscal Year 2025, the hospitality team helped 32,583 guests with information, directions, and accommodations...

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Hospitality and Safety. Hospitality guides greet visitors and provide information. During Fiscal Year 2025, the hospitality team helped 32,583 guests with information, directions, and accommodations, assisted 1,110 visitors and employees in reaching their destinations, and took 5,384 photos. Approximately 16 million people visit Baltimore's Inner Harbor attractions each year, and our teams of Safety Guides work on bikes, on foot, and on Segways to keep these visitors safe and ensure they have a wonderful visit.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,302,334
Program Service Revenue $859,817
Investment Income $278,177
Other Revenue $64,006
TOTAL REVENUE $11,504,334

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,175,019
Fundraising Expenses $48,079
Program Expenses $7,394,761
Other Expenses $6,638,973
TOTAL EXPENSES $7,813,992

Year-over-Year Comparison

2024 2023 Change
Revenue $11,504,334 $6,106,756 +0.9%
Expenses $7,813,992 $7,159,637 +0.1%
Net Income $3,690,342 $-1,052,881 -4.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
25
Independent Members
25
Employees
13
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$575,556
Total Directors
25
$256,500
Key Employees
2
$575,556
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amber Chavis Executive Vice President and Director of Finance 39
Officer Key Emp Highest
$158,907 $158,907 $317,814
Adam Lindquist Vice President of Healthy Harbor Initiative 40
Officer Key Emp
$128,871 $128,871 $257,742
Marco Greenberg Director 5
Director
$128,250 $128,250 $256,500
Kathleen Barron Director 1
Director
$0 $0 $0
Michael Beatty Director 1
Director
$0 $0 $0
James Bond Director 1
Director
$0 $0 $0
Mark Conway Director 1
Director
$0 $0 $0
Terry Donahue Director 1
Director
$0 $0 $0
Jennifer Driban Director 1
Director
$0 $0 $0
Rachel Duncan Director 1
Director
$0 $0 $0
Sarah Harrison Director 1
Director
$0 $0 $0
Dan Henson Director 1
Director
$0 $0 $0
Frank Lance Director 1
Director
$0 $0 $0
Veronica McBeth Direcctor 1
Director
$0 $0 $0
Maggie McIntosh Director 1
Director
$0 $0 $0
Zachary Mitchel Director 1
Director
$0 $0 $0
Nicole Nesbitt Director 1
Director
$0 $0 $0
Tim ODonald Chairman 2
Officer Director
$0 $0 $0
Mark Pollak Secretary 2
Officer Director
$0 $0 $0
Mark Potter Director 1
Director
$0 $0 $0
Jacia Smith Director 1
Director
$0 $0 $0
Zed Smith Director 1
Director
$0 $0 $0
Michelle Swanenberg Director 1
Director
$0 $0 $0
Carmera Thomas-Wilhite Director 1
Director
$0 $0 $0
Ira Weinstein Treasurer 2
Officer Director
$0 $0 $0
Justin Williams Director 1
Director
$0 $0 $0
Dan Taylor Director 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $11,504,334 $7,813,992 $10,962,690 $3,690,342
2024 $6,106,756 $7,159,637 $7,041,278 $-1,052,881
2023 $9,075,309 $6,559,986 $7,713,407 $2,515,323
2022 $7,014,167 $11,188,286 $5,902,034 $-4,174,119
2021 $15,904,703 $11,055,366 $10,304,693 $4,849,337
2020 $6,984,279 $6,467,092 $5,547,173 $517,187
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