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Maryland · Nonprofit

PRIDE OF BALTIMORE INC

PRIDE OF BALTIMORE INC (Maryland) receives grants from 25 organizations whose IRS filings report $427,649 to it, the largest being FRANCE-MERRICK FOUNDATION INC ($140,000). 13 of them have funded it in more than one year.

Revenue FY2024
$1.4M
Funders on record
25
Grants received
$428k
Net assets
$1.4M
13/25 repeat funderspeak grant-dependency 9%
01What it does

What Pride of Baltimore Inc does

Mission

To promote historical maritime education, foster economic development and tourism, and represent the people of maryland in every port she visits. Pride of baltimore ii set sail as the goodwill ambassador for the state of maryland in 1988. She was built to continue the mission of her predecessor, pride of baltimore, tragically lost in a storm in the atlantic ocean in may 1986. Today, with support from individuals, businesses, the city of baltimore, and the state of maryland, pride of baltimore ii sails around the u.s. And overseas to share the rich maritime history of baltimore and to promote maryland's vibrant economic development opportunities.

As stated on its FY2024 Form 990.

Program

  1. Pride educates the public on maryland's maritime history and commerce opportunities. As one of the most recognized u.s. Historical sailing vessels, pride ii promotes historical maritime education regarding baltimore topsail schooners and their crucial role in naval innovation, war of 1812, and the penning of the "star-spangled banner." serves as a unique learning platform to build science, technology, engineering, and math (stem) programs as well as history, social studies, and environmental studies. Serves as a visual representative of american history and entrepreneurship in every port she visits.

    $1,157,453 spent$168,911 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,157,453.

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.

100 = 20172017 Revenue 100 ($1.1M) Expenses 100 ($1.3M) Net assets 100 ($1.2M)2018 Revenue 61 ($677k) Expenses 53 ($678k) Net assets 100 ($1.2M)2019 Revenue 92 ($1.0M) Expenses 77 ($984k) Net assets 104 ($1.3M)2020 Revenue 77 ($862k) Expenses 71 ($899k) Net assets 102 ($1.2M)2021 Revenue 108 ($1.2M) Expenses 94 ($1.2M) Net assets 103 ($1.2M)2022 Revenue 130 ($1.4M) Expenses 104 ($1.3M) Net assets 112 ($1.3M)2023 Revenue 139 ($1.6M) Expenses 123 ($1.6M) Net assets 110 ($1.3M)2024 Revenue 126 ($1.4M) Expenses 108 ($1.4M) Net assets 113 ($1.4M)
'17'18'19'20'21'22'23'24
Revenue (126)Expenses (108)Net assets (113)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.4M to $1.7M (+21%).

$1.2M
$1.4M
$1.4M
$1.4M
$1.4M
$1.7M
$1.9M
$2.0M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 71% · 2018 77% · 2019 55% · 2020 83% · 2021 69% · 2022 64% · 2023 71% · 2024 63%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$159k
’17
−$1k
’18
$44k
’19
−$37k
’20
$12k
’21
$115k
’22
−$12k
’23
$28k
’24
2.8
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

Jeffrey Buchheit

Executive director( till 11/15/2024)

Board chair

E Magruder Passano Jr

Chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2018 and FY2019 filings.

'17'18'19'20'21'22'23'24
Listed913222422222418
Joined·+7+12+5+3+4+2+3
No longer listed·3335409
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 13 funders, grant income rose $9k → $78k.

5 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% 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 PRIDE OF BALTIMORE INC’s funders (the co-funder graph). Top 24 of 25 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

PRIDE OF BALTIMORE INC has a broad base — no single funder exceeds 33% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

31% 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 PRIDE OF BALTIMORE INC.

33%
largest funder
55%
top three
~7
effective funders

Largest funder’s share by year: 2017 88% · 2019 56% · 2020 64% · 2021 73% · 2022 42% · 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

33% of PRIDE OF BALTIMORE INC's funders are still giving 3 years after their first grant; 52% give in more than one year at all.

first grant+1y+2y+3y

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

94% of PRIDE OF BALTIMORE INC's grant income comes from Maryland funders.

WI
NY
MD
DC
TX

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

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

Funder states come from each funder’s own filing. $106k arriving through sponsors registered in 5 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

Government funding PRIDE OF BALTIMORE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.4M on record — $256k federal, $5.1M state.

Federal$256k
grants $256kcontracts $0
20
22
24
Top agencies
  • Department of the Interior$256k
State$5.1M
15
16
17
18
19
20
21
22
23
24
Top programs
  • Grant$5.1M

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 PRIDE OF BALTIMORE 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

Nationally

05Profile & governance

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

Where the money goes

84% of spending goes to programs.

Program 84%Management 10%Fundraising 5%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

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

Screen this organization

A dated, signed PDF of the compliance screen for PRIDE OF BALTIMORE 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 PRIDE OF BALTIMORE INC?
PRIDE OF BALTIMORE INC (Maryland) receives grants from 25 organizations whose IRS filings report $427,649 to it, the largest being FRANCE-MERRICK FOUNDATION INC ($140,000). 13 of them have funded it in more than one year.
How many funders does PRIDE OF BALTIMORE INC have?
IRS filings report 25 organizations giving $427,649 in grants to PRIDE OF BALTIMORE INC, 13 of which have funded it in more than one year.
Who is the largest funder of PRIDE OF BALTIMORE INC?
FRANCE-MERRICK FOUNDATION INC is the largest funder on record, with $140,000 in grants. The full list of funders is on this page.
How can an organization like PRIDE OF BALTIMORE 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 Pride of Baltimore →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 25 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 14, 2026. What this page cannot tell you · view filing