Living Classrooms Foundation
- Assets
- $10.4m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 05/1998
- Data as of
- 12/2021
- EIN
- 91-2026597
Organization Overview
Living Classrooms Foundation is located in Baltimore, MD. The organization was established in 1998. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Living Classrooms Foundation 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, Living Classrooms Foundation generated $6.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 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
LIVING CLASSROOMS FOUNDATION SUBSIDIARIES SPONSORS, SUPPORTS, AND/OR MAINTAINS THE FOLLOWING PROGRAMS: DISCOVERY CREEK CHILDREN'S MUSEUM (52-1714855), FREDERICK DOUGLASS ISSAC MYERS MARITIME PARK, INC. (52-2112955), NATIONAL HISTORIC SEAPORT OF BALTIMORE, INC. (52-2112952), FRIENDS OF FORT MCHENRY, INC. (52-2060624), PROJECT SERVE, INC. (91-1912227), AND CROSSROADS SCHOOL (71-0906529).
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT SERVE - REHABILITATES INNER CITY HOMES, CLEANS AND BOARDS ABANDONED HOUSES, AND PROVES JOB TRAINING FOR INNER CITY RESIDENTS.
FREDERICK DOUGLAS/ISAAC MYERS MARITIME PARK
CROSSROADS SCHOOL
DISCOVERY CREEK CHILDREN'S MUSEUM - PROVIDES ENVIRONMENTAL EDUCATION IN AN OUTDOOR SETTING.BALTIMORE HARBOR SHUTTLE- PROVIDES HISTORIC AND EDUCATIONAL TOURS OF THE BALTIMORE INNER HARBOR.NATIONAL HISTORIC SEAPORTFRIENDS OF FORT MCHENRY, INC.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,144,370 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,742,935 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,887,305 |
| Total Program Service Revenue | $249,835 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $154,132 |
| Net Gain/Loss on Asset Sales | -$5,124 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,289,035 |
| 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 | $2,245,699 |
| Pension plan accruals and contributions | $3,158 |
| Other employee benefits | $56,061 |
| Payroll taxes | $162,783 |
| 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 | $22,681 |
| Advertising and promotion | $2,970 |
| Office expenses | $51,730 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,278 |
| Travel | $22,320 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,345 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $360,613 |
| Insurance | $134,423 |
| All other expenses | $168,933 |
| Total functional expenses | $4,545,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $775,344 |
| Accounts receivable, net | $664,665 |
| 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 | $8,938,827 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,378,836 |
| Accounts payable and accrued expenses | $237,826 |
| Grants payable | $0 |
| Deferred revenue | $309,207 |
| 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 | $4,867,527 |
| Total liabilities | $5,414,560 |
| Net assets without donor restrictions | $3,137,304 |
| Net assets with donor restrictions | $1,826,972 |
| 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 | $10,378,836 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Living Classrooms Foundation has recieved totaling $7,600.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $7,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Democracy Fund Voice Inc Washington, DC | $4,065,854 | $19,697,419 |
Center For The Study Of Social Policy Washington, DC | $21,257,623 | $17,047,188 |
Regulatory Affairs Professionals Society Rockville, MD | $9,226,443 | $11,018,465 |
Issue One Washington, DC | $6,409,189 | $6,980,798 |
Pocono Services For Families And Children Inc East Stroudsburg, PA | $5,666,674 | $5,697,584 |
Public Affairs Council Inc Washington, DC | $11,621,204 | $5,655,372 |
Commercial Vehicle Safety Alliance Greenbelt, MD | $5,175,740 | $5,464,465 |
Living Classrooms Foundation Baltimore, MD | $10,378,836 | $6,289,035 |
Students For Life Action Fredericksburg, VA | $1,451,921 | $3,948,083 |
Public Access Corporation Of The District Of Columbia Washington, DC | $11,735,762 | $3,589,628 |
The Congressional Institute Inc Alexandria, VA | $6,719,545 | $3,277,666 |
Civil Justice Reform Group Great Falls, VA | $1,472,377 | $2,732,622 |