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Maryland · Nonprofit

BALTIMORE MUSEUM OF INDUSTRY INC

BALTIMORE MUSEUM OF INDUSTRY INC (Maryland) receives grants from 65 organizations whose IRS filings report $1,951,322 to it, the largest being THE DAVIS FAMILY FOUNDATION INC ($382,248). 40 of them have funded it in more than one year.

Revenue FY2025
$2.5M
Funders on record
65
Grants received
$2.0M
Net assets
$1.1M
40/65 repeat funderspeak grant-dependency 16%
01What it does

What Baltimore Museum of Industry Inc does

Mission

To collect, preserve, and interpret the industrial and technological heritage of the baltimore region for the public by presenting educational programs and exhibits that explore the stories of maryland's industries and the people who created and worked in them.

As stated on its FY2025 Form 990.

Programs

  1. Educational programming: bmi served 24,455 students, teachers, and chaperones in fy25. This is a notable increase of 5,000 over fy24, especially given many schools' difficulty in booking buses. Of the total number, 3,148 were title I students for which the bmi provided an 80% subsidy in admission. The bmi also served 1,438 young engineers in fy25 through its maryland engineering challenges program held on the bmi campus. Lastly, to maintain excellence in its 14 educational programs and ensure they meet maryland college & career readiness standards, the bmi held workshops and professional development sessions for its museum educators.

    $1,318,372 spent$313,312 earned by the program
    63% of program spending

  2. Exhibitions & collections: the curatorial affairs team continues to promote stories of baltimore's industrial heritage through new exhibits, preservation and dissemination of collections and archived items. In fy25, the museum grew the collection of artifacts, documents, and photographs through formal accession of donations, including the bge archive and the a. Aubrey bodine collection, both of which represent historic and cultural significance for the city of baltimore and surrounding regions.

    $752,912 spent$178,930 earned by the program
    36% of program spending

  3. Public programming: through its public programming and campus activation in fy25, the bmi continues to find ways to create a welcoming environment for all community members. The monthly networking series, industry social club, featured rotating panels of experts in a variety of industries that power baltimore and fuel connection. Labor + innovation sought to explore the intersection of art and industry. The seasonal farmers market is an important gathering space for neighbors and a point of connection for local artisans and growers. In addition to those who took part in our public offerings, over 80,000 guests to the museum enjoyed our educational and immersive exhibits that grant a peek into the rich industrial history of baltimore.

    $5,019 spent$1,193 earned by the program
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,076,303.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.4M) Expenses 100 ($2.0M) Net assets 100 ($1.4M)2018 Revenue 85 ($2.0M) Expenses 110 ($2.2M) Net assets 89 ($1.2M)2019 Revenue 115 ($2.8M) Expenses 117 ($2.3M) Net assets 119 ($1.7M)2020 Revenue 87 ($2.1M) Expenses 128 ($2.6M) Net assets 86 ($1.2M)2021 Revenue 74 ($1.8M) Expenses 89 ($1.8M) Net assets 86 ($1.2M)2022 Revenue 117 ($2.8M) Expenses 104 ($2.1M) Net assets 128 ($1.8M)2023 Revenue 104 ($2.5M) Expenses 122 ($2.4M) Net assets 132 ($1.9M)2024 Revenue 89 ($2.1M) Expenses 134 ($2.7M) Net assets 95 ($1.3M)2025 Revenue 104 ($2.5M) Expenses 136 ($2.7M) Net assets 77 ($1.1M)
'17'18'19'20'21'22'23'24'25
Revenue (104)Expenses (136)Net assets (77)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $4.6M to $3.9M (−14%).

$4.5M
$4.2M
$4.4M
$4.0M
$4.4M
$4.7M
$4.6M
$3.9M
$4.2M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 23% · 2018 6% · 2019 4% · 2020 18% · 2021 48% · 2022 35% · 2023 12% · 2024 6% · 2025 11%. Grants only. Government contracts and fees sit inside program revenue.

46% of BALTIMORE MUSEUM OF INDUSTRY INC’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$400k
’17
−$170k
’18
$433k
’19
−$478k
’20
−$1k
’21
$712k
’22
$63k
’23
−$556k
’24
−$234k
’25
7.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Anita Kassof

Executive director

Board chair

Michael Raphael

Chair, trustee

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed212525252424252425
Joined·+8+3+5+2+4+1+4+6
No longer listed·43534055
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 10 funders to 28 funders, grant income rose $48k → $285k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
'26*
total
Lifebridge Health Incunclassified
$41k
Johns Hopkins Universityunclassified
$25k
funders
10
13
19
28
28
24
28
33
19
2

11 of 65 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 21% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BALTIMORE MUSEUM OF INDUSTRY INC’s funders (the co-funder graph). Top 30 of 65 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BALTIMORE MUSEUM OF INDUSTRY INC has a broad base — no single funder exceeds 20% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

38% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BALTIMORE MUSEUM OF INDUSTRY INC.

20%
largest funder
36%
top three
~15
effective funders

Largest funder’s share by year: 2017 31% · 2018 25% · 2019 48% · 2020 38% · 2021 48% · 2022 22% · 2023 19% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of BALTIMORE MUSEUM OF INDUSTRY INC's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

79% of BALTIMORE MUSEUM OF INDUSTRY INC's grant income comes from Maryland funders.

NY
PA
CA
MD
TN
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. $419k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BALTIMORE MUSEUM OF INDUSTRY INC is better cushioned than half of the 3,430 arts & culture nonprofits its size.

Operating margin−9% · bottom quartile
Months of reserve7.1mo · above the median
Revenue growth (annualized)0% · bottom quartile

this organization peer median middle 50% of peers· 3,430 arts & culture nonprofits $1M–$10M, FY2025

Government funding BALTIMORE MUSEUM OF INDUSTRY INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.3M on record — $135k federal, $1.2M state.

Federal$135k
grants $135kcontracts $0
19
24
Top agencies
  • Institute of Museum and Library Services$135k
State$1.2M
09
10
11
12
13
14
15
16
17
20
21
22
23
24
Top programs
  • Grant$1.2M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BALTIMORE MUSEUM OF INDUSTRY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

The Baltimore Children's Museum Inc85%B&O Railroad Museum Inc84%Visit Baltimore Inc84%Baltimore Heritage Area Association Inc82%Baltimore Community Foundation Inc82%Pride of Baltimore Inc81%Blackbird Laboratories Inc81%Baltimore Sports Tourism Development Council Inc81%

Nationally

The Baltimore Children's Museum Inc85%B&O Railroad Museum Inc84%Visit Baltimore Inc84%National Museum of Industrial History83%Museum of American Finance82%Baltimore Heritage Area Association Inc82%Baltimore Community Foundation Inc82%Delaware Art Museum Inc82%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 12%Fundraising 12%

Governance

21
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

68%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MD

Part of a family of 1 related entity

  • Bmi Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for BALTIMORE MUSEUM OF INDUSTRY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BALTIMORE MUSEUM OF INDUSTRY INC?
BALTIMORE MUSEUM OF INDUSTRY INC (Maryland) receives grants from 65 organizations whose IRS filings report $1,951,322 to it, the largest being THE DAVIS FAMILY FOUNDATION INC ($382,248). 40 of them have funded it in more than one year.
How many funders does BALTIMORE MUSEUM OF INDUSTRY INC have?
IRS filings report 65 organizations giving $1,951,322 in grants to BALTIMORE MUSEUM OF INDUSTRY INC, 40 of which have funded it in more than one year.
Who is the largest funder of BALTIMORE MUSEUM OF INDUSTRY INC?
THE DAVIS FAMILY FOUNDATION INC is the largest funder on record, with $382,248 in grants. The full list of funders is on this page.
How can an organization like BALTIMORE MUSEUM OF INDUSTRY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Baltimore Museum of Industry →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 65 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing