Maryland Innovation And Security Institute Inc is located in Baltimore, MD. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Maryland Innovation And Security Institute Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland Innovation And Security Institute Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Maryland Innovation And Security Institute Inc generated $24.7m in total revenue. All expenses for the organization totaled $22.8m during the year ending 12/2021. While expenses have increased by 118.1% per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MARYLAND INNOVATION AND SECURITY INSTITUTE, INC. IS A 501(C)(4) NOT FOR PROFIT DEDICATED TO THE STUDY, TEST, EVALUATION, RAPID PROTOTYPING, AND COMMUNITY OF INTEREST OUTREACH TO INDUSTRY, ACADEMIA, K-12, AND STATE AND LOCAL AND FEDERAL GOVERNMENT. OUR WORK ACCELERATES THE CONFIDENCE NEEDED TO MAKE INVESTMENTS IN CYBERSECURITY SOLUTIONS, COMPANIES AND HELPS ORGANIZATIONS DISCOVER CYBERSECURITY AND RELATED TECHNOLOGIES THAT ALIGN WITH CURRENT AND FUTURE REQUIREMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARYLAND INNOVATION & SECURITY INSTITUTE (MISI) IS A NON-PROFIT 501(C)(4) ENTITY CHARTERED IN THE STATE OF MARYLAND. MISI'S FACILITIES ARE A COMBINATION OF STATE-OF-THE-ART FACILITIES, INNOVATIVE PROGRAMS, AND IMAGINATIVE PEOPLE CHARGED WITH FINDING THAT SPARK THAT LEADS TO UNPARALLELED CAPABILITY FOR OUR PARTNERS. THROUGH A PARTNERSHIP INTERMEDIARY AGREEMENT (PIA) BETWEEN MISI AND USCYBERCOM, MISI ENABLES USCYBERCOM AND ITS PARTNERS TO ENGAGE NON-TRADITIONAL PARTNERS TO ACCELERATE MISSION SUCCESS.IN 2021, MISI ACHIEVED SUCCESS WITH PROJECTS ADVANCING MALWARE ANALYSIS, OPEN-SOURCE THREAT INTELLIGENCE SHARING PLATFORMS, PROTECTING AGAINST SOCIAL MEDIA DISINFORMATION, COMPUTER VISION, ZERO THRUST NETWORK PROTOTYPING, AND RE-DESIGNING RISK MANAGEMENT FRAMEWORKS. MISI EVALUATED COMMERCIAL PRODUCTS TO ASSESS FIT AND FEASIBILITY FOR USE WITHIN DEFINED NETWORK PARAMETERS. MISI HOSTED FIVE RAPID PROTOTYPING EVENTS (RPES) TO HELP IDENTIFY AND ACCELERATE THE PATH TO VIOLABLE SOLUTIONS. MISI EXPANDED ITS PHYSICAL AND VIRTUAL LAB ENVIRONMENTS USED FOR PROTOTYPING SOLUTIONS, REFINING STANDARD OPERATING PROCEDURES IN CYBER DEFENSE OPERATIONS, AND SKILL DEVELOPMENT.MISI'S INNOVATION FACILITIES ARE A CHOICE LOCATION FOR ORGANIZATIONS TO HOLD STRATEGIC PLANNING MEETINGS OR COLLABORATIONS WITH PARTNERS AS A NEARBY "OFFSITE" WITH FLEXIBILITY TO ACCOMMODATE IN-PERSON MEETINGS AUGMENTED WITH VIRTUAL PLATFORMS CAPABILITIES. IN 2021, MISI HOSTED IN-PERSON, VIRTUAL, AND HYBRID EVENTS FOCUSED ON INCREASING CYBER SECURITY SKILLS, CAPABILITIES, AND AWARENESS. MISI ALSO BUILT OUT VIRTUAL COLLABORATION PLATFORMS UTILIZED TO CONTINUE TECHNICAL TALKS, DEMONSTRATIONS, AND COLLABORATION SESSIONS DURING THE PANDEMIC. MISI'S NEW CAPABILITIES WERE UTILIZED BY TRAINING ORGANIZATIONS TO CREATE VIDEOS THAT SPARK INTEREST AND PROVIDE VALUABLE RESOURCES TO STAFF REGARDLESS OF WHERE THEY WERE NOW WORKING AND TO HOST PARTNERS TO BRING A LEVEL OF PROFESSIONALISM TO THEIR VIRTUAL PARTICIPATION.SIMILARLY, MISI'S FACILITIES ARE A CHOICE LOCATION FOR WORKFORCE DEVELOPMENT AND OUTREACH EVENTS. DURING 2021, MISI'S INTERNSHIPS PROVIDED HIGH SCHOOL AND COLLEGE STUDENTS EXPERIENCE WORKING SIDE-BY-SIDE WITH SUBJECT MATTER EXPERTS SOLVING REAL-WORLD, MISSION-RELEVANT TECHNICAL CHALLENGES. MISI HOSTED PROGRAMS SPECIFICALLY DESIGNED FOR STUDENTS AT MINORITY SERVING INSTITUTIONS TO HELP STRENGTHEN THE NATION'S STEM HIRING PIPELINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Armando Seay Director | Trustee | 40 | $280,625 |
Karl Gumtow Director/ceo | OfficerTrustee | 40 | $227,295 |
Adele Merritt Program Director/former Key | 40 | $199,615 | |
James Tittle Principal Scientist/former Key | 40 | $185,412 | |
Thomas Christopher Tc Hoot Facilities Director | 40 | $178,281 | |
Steve Hutchinson Principal Engineer | 40 | $162,187 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cyber Point International Llc Consulting | 12/30/21 | $5,580,096 |
Eccalon Llc Consulting | 12/30/21 | $3,696,870 |
Miburo Solutions Inc Consulting | 12/30/21 | $1,380,000 |
Doves Tech Llc Consulting | 12/30/21 | $1,600,405 |
Resilient Cognitive Solutions Llc Consulting | 12/30/21 | $390,873 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $24,532,110 |
All other contributions, gifts, grants, and similar amounts not included above | $108,786 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $24,640,896 |
Total Program Service Revenue | $73,734 |
Investment income | $820 |
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 | $24,715,450 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
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. | $637,897 |
Compensation of current officers, directors, key employees. | $226,482 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,185,117 |
Pension plan accruals and contributions | $75,650 |
Other employee benefits | $172,724 |
Payroll taxes | $109,050 |
Fees for services: Management | $0 |
Fees for services: Legal | $54,171 |
Fees for services: Accounting | $69,568 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $16,086,124 |
Advertising and promotion | $87,920 |
Office expenses | $251,710 |
Information technology | $644,350 |
Royalties | $0 |
Occupancy | $1,267,485 |
Travel | $42,603 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,045 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $451,950 |
Insurance | $10,936 |
All other expenses | $0 |
Total functional expenses | $22,763,017 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,270,740 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $4,268,421 |
Accounts receivable, net | $1,429 |
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 | $49,539 |
Net Land, buildings, and equipment | $2,392,409 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $98,652 |
Total assets | $10,081,190 |
Accounts payable and accrued expenses | $2,410,429 |
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 | $2,410,429 |
Net assets without donor restrictions | $7,670,761 |
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 | $10,081,190 |
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