Stepping Stone Museum Association Inc is located in Havre De Grace, MD. The organization was established in 1979. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Stepping Stone Museum Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stepping Stone Museum Association 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 12/2022, Stepping Stone Museum Association Inc generated $368.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $185.1k during the year ending 12/2022. 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
STEPPINGSTONE FARM MUSEUM PRESERVES AND INTERPRETS THE RURAL HERITAGE OF HARFORD COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACQUISITION, MAINTENANCE AND EXHIBITION OF HISTORIC BUILDINGS AND FARMING ARTIFACTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron Querns President | OfficerTrustee | $0 | |
Robert Thresher Treasurer | OfficerTrustee | $0 | |
Stephanie Kennedy Secretary | OfficerTrustee | $0 | |
Teresa Stout 2nd Vice Pre | OfficerTrustee | $0 | |
Mark Herman Director | Trustee | $0 | |
Amanda Hickman Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $284,324 |
All other contributions, gifts, grants, and similar amounts not included above | $13,647 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $297,971 |
Total Program Service Revenue | $40,729 |
Investment income | $183 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $29,646 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$104 |
Miscellaneous Revenue | $0 |
Total Revenue | $368,425 |
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 | $107,623 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,233 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $19,371 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $20,869 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $848 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,180 |
Insurance | $3,860 |
All other expenses | $0 |
Total functional expenses | $185,060 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $289,834 |
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 | $160,539 |
Investments—publicly traded securities | $73,258 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,589 |
Total assets | $528,220 |
Accounts payable and accrued expenses | $112 |
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 | $112 |
Net assets without donor restrictions | $528,108 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $528,220 |