Babe Ruth Birthplace Foundation Inc
- Assets
- $4.1m
- Revenue
- $80.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Baltimore, MD
- Founding
- 09/1973
- Data as of
- 09/2023
- EIN
- 52-0973067
Organization Overview
Babe Ruth Birthplace Foundation Inc is located in Baltimore, MD. The organization was established in 1973. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Babe Ruth Birthplace Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Babe Ruth Birthplace Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BABE RUTH BIRTHPLACE FOUNDATION, INC. IS AN INDEPENDENT NOT-FOR-PROFIT EDUCATIONAL INSTITUTION DEDICATED TO PERPETUATING THE HISTORIC LEGACY OF BABE RUTH, BALTIMORE'S ORIOLES AND COLTS, AND LOCAL AND REGIONAL SPORTS AT THE AMATEUR, COLLEGIATE AND PROFESSIONAL LEVELS BY PRESERVING, EXHIBITING, INTERPRETING AND AUGMENTING ITS COLLECTION FOR A DIVERSE AUDIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF PUBLIC ABOUT CONTRIBUTIONS OF BABE RUTH AND CHRONICLE HISTORY OF BALTIMORE'S ORIOLES AND COLTS, THE NEGRO LEAGUES AND AREA COLLEGES AND UNIVERSITIES. IN FISCAL YEAR 2022, 15,758 VISITORS ATTENDED THE MUSEUM. OF THAT NUMBER 18 EDUCATIONAL TOURS WERE GIVEN CONSISTING OF 441 PEOPLE. THESE EDUCATIONAL PROGRAMS FEATURED THE LIFE AND TIMES OF BABE RUTH AS WELL AS THE HISTORY OF THE STAR SPANGLED BANNER IN SPORTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Herne Executive Di | Officer | 40 | $73,930 |
Robert L Mckinney Co-Chair | OfficerTrustee | 1 | $0 |
Barry Gossett Co-Chair | OfficerTrustee | 1 | $0 |
Dennis Finnegan Vice Chair | OfficerTrustee | 1 | $0 |
Mary-Ann Pinkard Vice Chair | OfficerTrustee | 1 | $0 |
Ed Nemec Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,141 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $127,883 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,024 |
| Total Program Service Revenue | $168,809 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,000 |
| Net Gain/Loss on Asset Sales | -$310,817 |
| Net Income from Fundraising Events | $24,478 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $63,821 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $80,315 |
| 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. | $73,930 |
| Compensation of current officers, directors, key employees. | $19,222 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,031 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,247 |
| Payroll taxes | $19,073 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,490 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,108 |
| Advertising and promotion | $24,205 |
| Office expenses | $12,828 |
| Information technology | $18,700 |
| Royalties | $0 |
| Occupancy | $14,475 |
| Travel | $67 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $84,388 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,735 |
| Insurance | $9,660 |
| All other expenses | $3,252 |
| Total functional expenses | $539,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,402 |
| 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 | $17,956 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $821,382 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $3,167,340 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,062,080 |
| Accounts payable and accrued expenses | $806,796 |
| 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 | $1,151,373 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $9,940 |
| Total liabilities | $2,118,109 |
| Net assets without donor restrictions | $1,943,971 |
| 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 | $4,062,080 |