Baltimore Philatelic Society Inc
- Assets
- $951.1k
- Revenue
- $39.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Ellicott City, MD
- Founding
- 01/1937
- Data as of
- 12/2021
- EIN
- 52-6055865
Organization Overview
Baltimore Philatelic Society Inc is located in Ellicott City, MD. The organization was established in 1937. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baltimore Philatelic Society 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 12/2021, Baltimore Philatelic Society Inc generated $39.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $48.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE HOBBY OF COLLECTING STAMPS AND POSTAL HISTORY STUDY, PROVIDE LIBRARY SERVICES FOR RESEARCH AND AN EDUCATIONAL PROGRAM FOR YOUNG AND NEW COLLECTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENT ANNUALLY AN INTERNATIONALLY RECOGNIZED THREE DAYS PHILATELIC EXHIBITION. THIS FUNCTION AS A VENUE FOR BOTH THE GENERAL PUBLIC AND ESTABLISHED COLLECTORS TO LEARN ABOUT PHILATELY THROUGH EXHIBITS, SEMINARS AND PROFESSIONAL DEALERS.
MAINTAIN A LIBRARY OF PHILATELIC RELATED MATERIAL FOR MEMBERS USE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aldona Pilius President | OfficerTrustee | 5 | $0 |
Carroll Browne Vice President | OfficerTrustee | 5 | $0 |
Wai Kit Ng Treasurer | OfficerTrustee | 5 | $0 |
Michael Pfeifer Secretary | OfficerTrustee | 5 | $0 |
Richard Drought Governor | Trustee | 5 | $0 |
Norman Cohen Governor | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,240 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,181 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,421 |
| Total Program Service Revenue | $27,632 |
| Investment income | $7,973 |
| 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 | $39,026 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $1,019 |
| Office expenses | $3,290 |
| Information technology | $1,057 |
| Royalties | $0 |
| Occupancy | $29,515 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $440 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,875 |
| Insurance | $1,614 |
| All other expenses | $3,633 |
| Total functional expenses | $48,443 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,973 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $600 |
| 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 | $411,797 |
| Investments—publicly traded securities | $532,695 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $951,065 |
| 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 | $951,065 |
| 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 | $951,065 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Links Trust Washington, DC | $8,914,003 | $10,793,468 |
Maymont Foundation Richmond, VA | $38,971,207 | $5,423,725 |
National Archives Foundation Washington, DC | $14,544,421 | $8,935,036 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
House Of The Temple Historic Preservation Foundation Inc Washington, DC | $31,687,828 | $5,822,669 |
Historic Annapolis Inc Annapolis, MD | $11,216,187 | $4,170,932 |
The George Washington Foundation Fredericksburg, VA | $39,220,156 | $2,847,343 |
Supreme Court Historical Society The Society Washington, DC | $17,156,338 | $2,945,998 |
Lancasterhistory Org Lancaster, PA | $21,295,803 | $1,939,476 |
Partners For Sacred Places Inc Philadelphia, PA | $5,285,974 | $2,628,300 |
Jewish Museum Of Maryland Inc Baltimore, MD | $10,449,720 | $1,816,482 |