THE GLENN L MARTIN MARYLAND AVIATION MUSEUM INC

EIN: 521683696 501(c)(3) Arts, Culture & Humanities

MIDDLE RIVER, MD

Total Revenue
$136,329
Total Expenses
$165,229
Total Assets
$991,811
Net Assets
$991,811
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MD
Principal Officer
Mary Boyle
Phone
4106826122
Tax Period
2024-01-01 to 2024-12-31

THE GLENN L MARTIN MARYLAND AVIATION MUSEUM INC, founded in 1990, is a small nonprofit in the Arts, Culture & Humanities sector that reported $136K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $165K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE GLENN L. MARTIN MARYLAND AVIATION MUSEUM, INC.S MISSION IS TO PRESERVE THE RICH AVIATION AND AEROSPACE HISTORY. THROUGH GENEROUS DONATIONS, THE MUSEUM HAS ACCUMULATED DOCUMENTS, AIRCRAFT TOOLS AND ARTIFACTS. THE MUSEUM OFFERS EDUCATION PROGRAMS FOR ALL AGES, FROM A FREE MONTHLY SPEAKER SERIES TO SPECIAL TOURS FOR SCHOOLS AND OTHER GROUPS.

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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 $100,362
Program Service Revenue $24,691
Investment Income $7,516
Other Revenue $3,760
TOTAL REVENUE $136,329

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $69,396
Fundraising Expenses $12,261
Program Expenses $137,863
Other Expenses $94,833
TOTAL EXPENSES $165,229

Year-over-Year Comparison

2024 2023 Change
Revenue $136,329 $146,538 -0.1%
Expenses $165,229 $180,131 -0.1%
Net Income $-28,900 $-33,593 -0.1%
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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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
68

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
2
$69,396
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gustavus Mcleod Executive Dir. 55.00
Officer
$69,396 $0 $69,396
James Jurkowski Chairman 16.00
Officer Director
$0 $0 $0
John Bartkowiak Director 4.00
Director
$0 $0 $0
Phyllis Fullem Director 14.00
Director
$0 $0 $0
Jason Mueller Director 4.00
Director
$0 $0 $0
John Einhaus Director 24.00
Director
$0 $0 $0
Jerry Hinshaw Director 4.00
Director
$0 $0 $0
Stanley Piet Director 30.00
Director
$0 $0 $0
Reginald Booker Director 4.00
Director
$0 $0 $0
Thomas Jones Director 2.00
Director
$0 $0 $0
Lt Col Jeffrey Woolford Director 4.00
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
2024 $136,329 $165,229 $991,811 $-28,900
2023 $146,538 $180,131 $714,417 $-33,593
2022 $120,822 $160,267 $693,901 $-39,445
2021 $139,551 $66,210 $800,971 $73,341
2020 $955,237 $910,034 $721,612 $45,203
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