Hammond Harwood House Assoc Inc is located in Annapolis, MD. The organization was established in 1940. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Hammond Harwood House Assoc Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hammond Harwood House Assoc 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 12/2023, Hammond Harwood House Assoc Inc generated $367.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $437.5k during the year ending 12/2023. While expenses have increased by 5.1% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE HAMMOND-HARWOOD HOUSE ASSOCIATION IS TO PRESERVE, FOR PUBLIC EDUCATION AND ENJOYMENT, THE ARCHITECTURALLY SIGNIFICANT HAMMOND-HARWOOD HOUSE MUSEUM AND ITS COLLECTION OF FINE AND DECORATIVE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOUSE IS A HISTORICAL NATIONAL LANDMARK BUILT IN 1774, ITS PURPOSE IS TO EDUCATE THE PUBLIC TO THE ARCHITECTURAL, HISTORICAL, AND SOCIAL SIGNIFICANCE OF THIS LANDMARK.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barbara Goyette Executive Director | OfficerTrustee | 40 | $60,000 |
Robert Biddle Director | Trustee | 2 | $0 |
Mary Byrns Director | Trustee | 2 | $0 |
Larry M Claussen Director | Trustee | 2 | $0 |
Jim Dolezal Director | Trustee | 2 | $0 |
Bud Duckett Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $31,873 |
Fundraising events | $30,675 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $166,170 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $228,718 |
Total Program Service Revenue | $25,883 |
Investment income | $100,983 |
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 | $7,020 |
Miscellaneous Revenue | $0 |
Total Revenue | $367,244 |
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. | $60,000 |
Compensation of current officers, directors, key employees. | $9,714 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $118,190 |
Pension plan accruals and contributions | $1,144 |
Other employee benefits | $12,978 |
Payroll taxes | $14,344 |
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 | $16,488 |
Fees for services: Other | $32,440 |
Advertising and promotion | $3,412 |
Office expenses | $29,843 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $39,822 |
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 | $39,646 |
Insurance | $14,834 |
All other expenses | $0 |
Total functional expenses | $437,476 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $42,744 |
Savings and temporary cash investments | $87,240 |
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 | $14,688 |
Prepaid expenses and deferred charges | $11,409 |
Net Land, buildings, and equipment | $5,871,422 |
Investments—publicly traded securities | $3,935,846 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,963,349 |
Accounts payable and accrued expenses | $17,058 |
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 | $17,058 |
Net assets without donor restrictions | $9,776,583 |
Net assets with donor restrictions | $169,708 |
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 | $9,963,349 |