MARYLAND TECHNOLOGY MUSEUM INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

Robert Roswell

Phone

4107715544

Tax Period

2022-01-01 to 2022-12-31

MARYLAND TECHNOLOGY MUSEUM INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $383K in total revenue in fiscal year 2022. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

Collect early examples of technology and related objects and materials that have historical importance, preserve them, research into them and present them to the public for education and enjoyment.

Program Service Accomplishments

Program 1

Expenses: $390,610 Revenue: $20

During 2022 the museum collection was increased with educational displays and the addition of $28,734 of computer artifacts with a cost of $44,670 to have them delivered to the museum. An additional $28,871 was spent on repairs as many of the computers are in working condition and can be demonstrated. The museum was open to the public by appointment every week day except holidays. The museum was featured on the WJZ morning news show in May 2022.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $382,677

Program Service Revenue $0

Investment Income $74

Other Revenue $66

TOTAL REVENUE $382,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $390,610

Other Expenses $390,849

TOTAL EXPENSES $390,849

Year-over-Year Comparison

	2022	2021	Change
Revenue	$382,817	$293,094	+0.3%
Expenses	$390,849	$480,172	-0.2%
Net Income	$-8,032	$-187,078	-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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$5,557

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Aubrey Quasney	Treasurer	5	Officer	$0	$0	$5,557
Maury Weinstein	Director	1	Director	$0	$0	$0
Richard Glenn	Director	1	Director	$0	$0	$0
Chad Shapiro	Director	0	Director	$0	$0	$0
Robert Roswell	President	30	Officer	$0	$0	$0
Bill Degnan	Vice-President	0	Officer	$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
2022	$382,817	$390,849	$40,975	$-8,032
2021	$293,094	$480,172	$48,995	$-187,078
2020	$81,852	$367,092	$236,073	$-285,240