William F Moran Jr Museum And Foundation Inc is located in Middletown, MD. The organization was established in 2006. According to its NTEE Classification (A50) the organization is classified as: 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. William F Moran Jr Museum And 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.
For the year ending 12/2022, William F Moran Jr Museum And Foundation Inc generated $216.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $188.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert A Wilson President | 7 | $64,200 | |
Molly Wilson Treasurer | 11 | $0 | |
John Marshal Director | 1 | $0 | |
Steve Nuckels Director | 1 | $0 | |
Shawn Hendrickson Director | 1 | $0 | |
Edward O Clarke Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $128,686 |
Interest on Savings | $363 |
Dividends & Interest | $45,622 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $28,012 |
Capital Gain Net Income | $28,012 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $723 |
Other Income | $13,095 |
Total Revenue | $216,501 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $64,200 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,770 |
Depreciation | $31,430 |
Occupancy | $22,987 |
Travel, conferences, and meetings | $7,105 |
Printing and publications | $0 |
Other expenses | $39,192 |
Total operating and administrative expenses | $187,240 |
Contributions, gifts, grants paid | $1,500 |
Total expenses and disbursements | $188,740 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $149,133 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $2,019,831 |
Investments—mortgage loans | $0 |
Investments—other | $959,744 |
Net Land, buildings, and equipment | $0 |
Other assets | $661,648 |
Total assets | $3,790,356 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, William F Moran Jr Museum And Foundation Inc has awarded $3,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
JOHN MARSHALL PURPOSE: SCHOLARSHIP | $1,500 |
JEFF MERRILL PURPOSE: SCHOLARSHIP | $1,500 |