FRIENDS OF THE MARYLAND STATE ARCHIVES

EIN: 510547173 501(c)(3) Philanthropy & Grantmaking

ANNAPOLIS, MD

Total Revenue
$45,878
Total Expenses
$29,984
Total Assets
$1,108,230
Net Assets
$1,108,230
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MD
Principal Officer
MIMI CALVER
Phone
4102606444
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF THE MARYLAND STATE ARCHIVES, founded in 2004, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $46K in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $16K, a strong 35% operating margin.

Mission

TO HELP THE MARYLAND STATE ARCHIVES ACQUIRE, PRESERVE, AND MAKE RECORDS AND ARTISTIC PROPERTY RELATED TO THE HISTORY OF MARYLAND ACCESSIBLE.

Program Service Accomplishments

Program 1
Expenses: $29,984

THE ORGANIZATION ACQUIRES, PRESERVES, AND MAKES RECORDS AND ARTISTIC PROPERTY RELATED TO THE HISTORY OF MARYLAND ACCESSIBLE TO THE PUBLIC.

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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 $22,225
Program Service Revenue $0
Investment Income $23,361
Other Revenue $292
TOTAL REVENUE $45,878

Expense Breakdown

Grants Paid $1,075
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $29,984
Other Expenses $28,909
TOTAL EXPENSES $29,984

Year-over-Year Comparison

2024 2023 Change
Revenue $45,878 $924,800 -1.0%
Expenses $29,984 $50,747 -0.4%
Net Income $15,894 $874,053 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELAINE RICE BACKMANN EX OFFICIO N/A
Officer Director
$0 $0 $0
TIMOTHY BAKER PRESIDENT N/A
Officer Director
$0 $0 $0
MIMI CALVER EXECUTIVE DI 5.00
Officer Director
$0 $0 $0
MATTHEW LALUMIA DIRECTOR N/A
Director
$0 $0 $0
VAN LEWIS DIRECTOR N/A
Director
$0 $0 $0
PATRICIA MELVILLE DIRECTOR N/A
Director
$0 $0 $0
DR EDWARD C PAPENFUSE DIRECTOR N/A
Director
$0 $0 $0
DR JEAN RUSSO DIRECTOR N/A
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 No data No data No data No data
2024 $45,878 $29,984 $1,108,230 $15,894
2023 $924,800 $50,747 $1,045,255 $874,053
2023 $924,800 $50,747 $1,045,255 $874,053
2022 $15,694 $30,180 $157,414 $-14,486
2021 $23,339 $7,785 $171,900 $15,554
2020 $16,147 $22,691 $156,346 $-6,544
2019 $13,550 $11,031 $162,890 $2,519
2018 $31,109 $25,944 $160,371 $5,165
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