Historic Ships In Baltimore Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,993,136 | 2,148,220 | 844,916 | 11.6 | 46% |
| 2012 | 2,375,618 | 2,196,498 | 179,120 | 13.5 | 50% |
| 2013 | 2,218,849 | 2,120,070 | 98,779 | 15.3 | 50% |
| 2014 | 4,576,271 | 2,050,636 | 2,525,635 | 30.1 | 51% |
| 2015 | 1,518,666 | 2,077,003 | −558,337 | 26.4 | 42% |
| 2016 | 2,727,315 | 3,248,993 | −521,678 | 15.0 | 33% |
| 2017 | 2,130,305 | 2,190,700 | −60,395 | 22.4 | 48% |
| 2018 | 2,539,346 | 3,072,769 | −533,423 | 13.6 | 34% |
| 2019 | 1,165,256 | 2,037,614 | −872,358 | 15.9 | 47% |
| 2020 | 1,739,734 | 1,489,259 | 250,475 | 24.5 | 30% |
| 2021 | 1,089,740 | 1,123,054 | −33,314 | 32.7 | 37% |
| 2022 | 3,215,858 | 2,206,924 | 1,008,934 | 21.2 | 21% |
| 2023 | 1,500,236 | 1,770,963 | −270,727 | 25.2 | 32% |
In its most recent public year (2023), this organization spent $270,727 more than it brought in. Its reserves stood at about 25.2 months of spending, up from 11.6 in 2011. Staff pay was 32% of spending. $1,371,035 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works