Rackliffe House Trust Inc
- Assets
- $193.8k
- Revenue
- $103.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Berlin, MD
- Founding
- 12/2005
- Data as of
- 06/2022
- EIN
- 20-1939502
Organization Overview
Rackliffe House Trust Inc is located in Berlin, MD. The organization was established in 2005. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rackliffe House Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Rackliffe House Trust Inc generated $103.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $47.7k during the year ending 06/2022. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RESTORE HISTORICAL PROPERTY FOR MUSEUM ON GROUNDS OF ASSATEAGUE STATE PARK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING RESTORATION OF RACKLIFFE AND OPERATING OF THE MUSEUM WITH THE ASSISTANCE OF THE MARYLAND STATE PARKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Ayres Recording Se | OfficerTrustee | $0 | |
Laura Mears 2nd Vice Pre | OfficerTrustee | $0 | |
Sarah Eschenburg Treasurer | OfficerTrustee | $0 | |
Susan Mariner 1st Vice Pre | OfficerTrustee | $0 | |
Susan Cropper President | OfficerTrustee | $0 | |
Richard Segars Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $85,770 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,770 |
| Total Program Service Revenue | $0 |
| Investment income | $18 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $103,452 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,334 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,718 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,442 |
| Advertising and promotion | $0 |
| Office expenses | $962 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,923 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,595 |
| Insurance | $7,496 |
| All other expenses | $1,379 |
| Total functional expenses | $47,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,269 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $16,326 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,204 |
| Total assets | $193,799 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $52,579 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $141,220 |
| Total liabilities and net assets/fund balances | $193,799 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Rackliffe House Trust Inc has recieved totaling $4,526.
| Awarding Organization | Amount |
|---|---|
Humphreys Foundation Inc Ocean City, MD PURPOSE: UNRESTRICTED | $2,000 |
E Bowen And Frances Hyde Quillin Foundation Inc Berlin, MD PURPOSE: UNRESTRICTED | $2,000 |
Joan W Jenkins Foundation Ocean City, MD PURPOSE: UNRESTRICTED | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montpelier Foundation Orange, VA | $32,791,745 | $7,244,660 |
Society Of The Cincinnati Washington, DC | $28,928,587 | $7,746,929 |
American Civil War Museum Richmond, VA | $33,997,529 | $3,026,232 |
B & O Railroad Museum Baltimore, MD | $29,274,881 | $4,473,800 |
Baltimore Museum Of Industry Baltimore, MD | $4,041,463 | $2,097,519 |
Valentine Museum Richmond, VA | $31,520,182 | $4,443,441 |
George Washington Masonic National Memorial Association Inc Alexandria, VA | $22,574,581 | $2,980,400 |
National Womens History Museum Alexandria, VA | $1,422,250 | $2,958,832 |
Historical Society Of Delaware Wilmington, DE | $28,427,187 | $2,375,420 |
The Biden Foundation Washington, DC | $0 | $10,304 |
York County History Center York, PA | $25,136,771 | $4,285,749 |
Workhouse Arts Foundation Inc Lorton, VA | $5,026,678 | $2,307,119 |