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Maryland · Nonprofit

TECHNOLOGY COUNCIL OF MARYLAND

TECHNOLOGY COUNCIL OF MARYLAND (Maryland) receives grants from 1 organization whose IRS filings report $23,700 to it, the largest being JOHNS HOPKINS UNIVERSITY ($23,700). 1 of them have funded it in more than one year.

Revenue FY2025
$4.8M
Funders on record
1
Grants received
$24k
Net assets
$379k
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Technology Council of Maryland does

Mission

At the maryland tech council, we believe in saving lives, securing our nation and improving the quality of life through innovation. We support our member companies who are driving innovation through advocacy, education, workforce development, (continued on schedule o)cost savings and connecting entrepreneurial minds.

As stated on its FY2025 Form 990.

Programs

  1. Mtc's industry awards celebration - mtc industry awards celebration is one of maryland's largest and most prestigious award ceremonies. The evening brings the very best of technology, life science, government, academia, and supporting businesses together. The only award ceremony of its kind in the industry, the mtc industry awards honors the dedication and outstanding service of maryland's technology and life science community. Mtc proudly takes this opportunity to recognize their excellence and thank them for being an integral part of business development in maryland.

  2. The organization recognized one of the most important issues to life science and technology businesses in maryland was a talented and educated workforce. Grants from the federal and maryland state governments, and financial support from biopharma industries, allowed the initiation of the biohub maryland. This project will expand maryland's global life sciences by creating a highly skilled biopharma manufacturing workforce. The program creates career pathways for marylanders of all educational backgrounds. This program has also created a task force which includes industry leaders, academia, government, and non-profit organizations to create a sustainable workforce development solutions "for the industry, by the industry".

  3. Bio innovation conference is an annual conference that connects the community with top researchers, business leaders, academia, venture capitalists, promising startups and industry professionals in the life sciences industry based in the region. It builds a stronger life sciences community in maryland by nurturing a vibrant environment where innovation thrives, facilitates networking opportunities and business development through the bio one-on-one partnering system and gives access to advocacy, state and federal agencies, and commercial and scientific industries to help their companies thrive.

The 3 programs described on its FY2024 Form 990, listed largest first by expense.

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 ($1.8M) Expenses 100 ($1.9M) Net assets -249 ($-865065)2018 Revenue 101 ($1.8M) Expenses 79 ($1.5M) Net assets -157 ($-545097)2019 Revenue 119 ($2.1M) Expenses 95 ($1.8M) Net assets -62 ($-216856)2020 Revenue 93 ($1.7M) Expenses 83 ($1.6M) Net assets -35 ($-122720)2021 Revenue 142 ($2.5M) Expenses 109 ($2.1M) Net assets 100 ($347k)2022 Revenue 157 ($2.8M) Expenses 156 ($2.9M) Net assets 60 ($207k)2023 Revenue 200 ($3.6M) Expenses 198 ($3.7M) Net assets 14 ($47k)2024 Revenue 307 ($5.5M) Expenses 265 ($5.0M) Net assets 151 ($526k)2025 Revenue 270 ($4.8M) Expenses 264 ($5.0M) Net assets 109 ($379k)
'17'18'19'20'21'22'23'24'25
Revenue (270)Expenses (264)Net assets (109)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 2022 to 2023, from $1.1M to $3.9M (+266%).

$779k
$676k
$948k
$1.4M
$1.1M
$1.1M
$3.9M
$3.1M
$4.0M
'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 5% · 2018 14% · 2019 15% · 2020 3% · 2021 3% · 2022 10% · 2023 33% · 2024 40% · 2025 45%. Grants only. Government contracts and fees sit inside program revenue.

74% of TECHNOLOGY COUNCIL OF MARYLAND’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$100k
’17
$305k
’18
$329k
’19
$94k
’20
$470k
’21
−$141k
’22
−$160k
’23
$479k
’24
−$147k
’25
3.2
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

Kelly Schulz

CEO

Board chair

Brad Stewart

Board chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018, and between the FY2019 and FY2020, and between the FY2021 and FY2022 filings.

'17'18'19'20'21'22'23'24'25
Listed787051454953554747
Joined·+9+0+10+24+14+3+18+11
No longer listed·171916201012611
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income rose $11k → $13k.

Funder
'22
'23
total
$24k
funders
1
1

Left out of every figure on this page: $325k from 2 payers (the payer shares this organization's board, largest Pharmaceutical Research and Manufacturers of America). These are real filings, and they are not money TECHNOLOGY COUNCIL OF MARYLAND raised.

From the IRS filings of TECHNOLOGY COUNCIL OF MARYLAND’s funders (the co-funder graph). 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.

Where its funders are

100% of TECHNOLOGY COUNCIL OF MARYLAND's grant income comes from Maryland funders.

MD

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

’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. 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

TECHNOLOGY COUNCIL OF MARYLAND has grown faster than half of the 2,127 community improvement nonprofits its size.

Operating margin−3% · bottom quartile
Months of reserve3.2mo · below the median
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Government funding TECHNOLOGY COUNCIL OF MARYLAND receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.8M on record — $3.0M federal, $788k state.

Federal$3.0M
grants $3.0Mcontracts $5k
17
21
22
24
25
Top agencies
  • Small Business Administration$2.4M
  • Department of Commerce$379k
  • Department of Agriculture$200k
  • Department of Health and Human Services$5k
State$788k
Top programs
  • Grant$788k

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 TECHNOLOGY COUNCIL OF MARYLAND

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.

Governance

35
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Technology Council of Maryland Foundation Inc · exempt
  • Maryland Health Care Product Development Corp · exempt

Screen this organization

A dated, signed PDF of the compliance screen for TECHNOLOGY COUNCIL OF MARYLAND: 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 TECHNOLOGY COUNCIL OF MARYLAND?
TECHNOLOGY COUNCIL OF MARYLAND (Maryland) receives grants from 1 organization whose IRS filings report $23,700 to it, the largest being JOHNS HOPKINS UNIVERSITY ($23,700). 1 of them have funded it in more than one year.
How many funders does TECHNOLOGY COUNCIL OF MARYLAND have?
IRS filings report 1 organization giving $23,700 in grants to TECHNOLOGY COUNCIL OF MARYLAND, 1 of which have funded it in more than one year.
Who is the largest funder of TECHNOLOGY COUNCIL OF MARYLAND?
JOHNS HOPKINS UNIVERSITY is the largest funder on record, with $23,700 in grants. The full list of funders is on this page.
How can an organization like TECHNOLOGY COUNCIL OF MARYLAND 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.

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 1 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