2026-04-02T14:50:51-05:00 2025-06-30 205991824 SC&H GROUP INC 226 SCHILLING CIRCLE SUITE 300 HUNT VALLEY MD 21031 990 2024-07-01 521205675 BALTIMORE MUSEUM OF INDUSTRY INC BALT 4107274808 1415 KEY HIGHWAY BALTIMORE MD 21230 ANITA KASSOF EXECUTIVE DIRECTOR 4107274808 2026-04-01 1 1 ASHLEY ZUMBRUN P02050856 4104031500 2026-04-01 2024 2025-03-06 01:10:19Z ANITA KASSOF 1415 KEY HIGHWAY BALTIMORE MD 21230 2542600 0 X WWW.THEBMI.ORG X 1981 MD THE BALTIMORE MUSEUM OF INDUSTRY INTERPRETS THE DIVERSE AND SIGNIFICANT HUMAN STORIES BEHIND LABOR AND INNOVATION IN BALTIMORE, CULTIVATING A SENSE OF BELONGING AND INSPIRING VISITORS TO THINK CRITICALLY ABOUT THE INTERSECTION OF WORK AND SOCIETY. 21 21 59 60 7202 0 848373 1141133 468751 492242 66034 88964 753712 773782 2136870 2496121 0 0 0 0 1516897 1524133 0 0 328837 1176406 1206142 2693303 2730275 -556433 -234154 3923107 4186093 2590023 3105769 1333084 1080324 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. 0 0 1318372 313312 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. 752912 178930 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. 5019 1193 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. 2076303 1 1 0 0 0 0 1 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 10 0 1 59 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X ANITA KASSOF 4107274808 1415 KEY HIGHWAY BALTIMORE MD 21230 MICHAEL RAPHAEL CHAIR, TRUSTEE 1.00 X X 0 0 0 JAY NWACHU VICE CHAIR, TRUSTEE 1.00 X X 0 0 0 SMITHA GOPAL TREASURER, TRUSTEE 1.00 X X 0 0 0 MADELINE STOKES SECRETARY, TRUSTEE 1.00 X X 0 0 0 CHRIS BEDDARD TRUSTEE 1.00 X 0 0 0 BOI CARPENTER TRUSTEE 1.00 X 0 0 0 TED CARTER TRUSTEE 1.00 X 0 0 0 JAMES DERIU TRUSTEE 1.00 X 0 0 0 MATTHEW DOUD TRUSTEE 1.00 X 0 0 0 KRISTEN ERNST TRUSTEE 1.00 X 0 0 0 TIM EVANS TRUSTEE 1.00 X 0 0 0 ANDY FRANK TRUSTEE 1.00 X 0 0 0 QUINCY GOLDSMITH TRUSTEE 1.00 X 0 0 0 ROBERT HIME TRUSTEE 1.00 X 0 0 0 JOE KOVARS TRUSTEE 1.00 X 0 0 0 LAURA MCCOY TRUSTEE 1.00 X 0 0 0 JEN MCLAUGHLIN TRUSTEE 1.00 X 0 0 0 BRYAN PORTER TRUSTEE 1.00 X 0 0 0 DESTINY-SIMONE RAMJOHN TRUSTEE 1.00 X 0 0 0 PHIL TULKOFF TRUSTEE 1.00 X 0 0 0 CORKIA WHITE TRUSTEE 1.00 X 0 0 0 ANITA KASSOF EXECUTIVE DIRECTOR 40.00 X 127776 0 17223 MARGARET DE ARCANGELIS DEPUTY DIRECTOR 40.00 X 46169 0 3449 PAULA HANKINS DIRECTOR OF OPERATIONS & FINANCE 40.00 X 83388 0 22364 DEBORAH CADIN DIRECTOR OF DEVELOPMENT 40.00 X 95170 0 23000 352503 0 66036 1 0 0 0 0 94675 267827 778631 1141133 ADMISSIONS 713990 461703 461703 MEMBERSHIP DUES 713990 29315 29315 ARCHIVE & COLL. FEES 713990 1224 1224 492242 88964 88964 757339 0 757339 757339 757339 16500 94675 29707 -13207 -13207 38027 16772 21255 21255 FARMERS MARKET INCOME 900099 7202 7202 MISCELLANEOUS INCOME 900099 1193 1193 8395 2496121 493435 7202 854351 389859 265105 62377 62377 867370 584717 134664 147989 163791 76026 54046 33719 103113 70117 16498 16498 32799 29191 1640 1968 26587 23663 1329 1595 145898 122212 6893 16793 10583 10583 63501 50907 3212 9382 67568 56793 1039 9736 245774 230857 14917 5304 5186 48 70 100695 85583 7400 7712 186784 154922 14161 17701 45823 38404 4122 3297 EXHIBIT DEVELOPMENT COS 274826 272037 2789 2730275 2076303 325135 328837 1196328 1568024 65333 44052 61556 104375 16750 15346 23291 16595 9037732 7665486 1559001 1372246 789478 856174 211370 209281 3923107 4186093 173151 229567 179668 743362 2237204 2132840 2590023 3105769 X 1201339 954571 131745 125753 1333084 1080324 3923107 4186093 X -234154 18565 -37171 X 0 1 X 1 0 X 1504619 1737088 1144353 897573 1157633 6441266 365455 365455 365455 365455 365455 1827275 1870074 2102543 1509808 1263028 1523088 8268541 8268541 212487 877306 983766 803409 846303 3723271 7724 22979 37330 38555 38027 144615 12136427 0.68130 0.69960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 1 2.13 1 1 200055 X X X X 0 419374 419374 2123293 1935074 188219 5749801 5028252 721549 745264 702160 43104 1372246 X 3051985 18565 489427 47872 555864 2496121 0 2496121 3304745 489427 85043 574470 2730275 0 2730275 PART II, LINE 9: THE CONSERVATION EASEMENTS ARE INCLUDED IN LAND PRESENTED AS PROPERTY AND EQUIPMENT, NET ON THE FINANCIAL STATEMENTS. ALL REVENUE AND EXPENSES ASSOCIATED WITH THE EASEMENTS ARE INCLUDED IN THE STATEMENTS OF ACTIVITIES ON THE FINANCIAL STATEMENTS. THE BALTIMORE TUG IS A CERTIFIED HISTORICAL STRUCTURE AND IS LOCATED ON THE EASEMENTS. THE BALTIMORE TUG IS INCLUDED IN COLLECTIONS AND EXHIBITS PRESENTED AS COLLECTIONS AND EXHIBITS, NET ON THE FINANCIAL STATEMENTS. ALL REVENUE AND EXPENSES ASSOCIATED WITH THE TUGBOAT ARE INCLUDED IN THE STATEMENTS OF ACTIVITIES ON THE FINANCIAL STATEMENTS. PART III, LINE 1A: THE MUSEUM'S COLLECTIONS DATE FROM THE 18TH CENTURY TO THE PRESENT, CONSISTING OF ARTIFACTS, EQUIPMENT, PAPERS, AND PERIODICALS OF HISTORICAL SIGNIFICANCE. THE COLLECTIONS ARE COMPOSED OF MORE THAN 50,000 OBJECTS, INCLUDING: 5,000 BOOKS, 25,000 PHOTOGRAPHS AND NEGATIVES, NUMEROUS TEXTUAL COLLECTIONS, TRADE CATALOGS, LITERATURE, AUDIO AND VIDEO TAPES AND FILMS. THE MUSEUM'S EXHIBIT SPACE CONTAINS SEVERAL PERMANENT GALLERIES THAT REPLICATE INDUSTRIAL WORKPLACE AND DEVELOPMENT OF HISTORIC BALTIMORE INDUSTRIES INCLUDING THE LIVES AND CONTRIBUTIONS OF ITS WORKERS, ENTREPRENEURS, AND INVESTORS. ALL OF THE COLLECTIONS ARE HELD FOR EDUCATIONAL, SCIENTIFIC, AND CURATORIAL PURPOSES. COLLECTION ITEMS ARE CATALOGUED AND PRESERVED FOR FUTURE GENERATIONS TO REFER TO AND REFLECT. THE COLLECTIONS ARE ALSO SUBJECT TO A POLICY THAT REQUIRES THAT THE PROCEEDS FROM ANY OF THEIR RESPECTIVE SALES, WHERE APPROPRIATE, ARE TO BE USED TO SUPPORT THE MUSEUM'S COLLECTIONS. PART III, LINE 4: THE MUSEUM'S COLLECTIONS DATE FROM THE 18TH CENTURY TO THE PRESENT, CONSISTING OF ARTIFACTS WHICH ARE USED BY STAFF FOR EDUCATIONAL AND CURATORIAL PURPOSES OR EXHIBITED IN THE MUSEUM'S PERMANENT AND TEMPORARY GALLERIES. ALL COLLECTIONS ITEMS ARE CATALOGED AND PRESERVED TO ENSURE THEY REMAIN AVAILABLE FOR FUTURE GENERATIONS. THE COLLECTIONS ARE ALSO SUBJECT TO A POLICY THAT REQUIRES THAT THE PROCEEDS FROM ANY OF THEIR RESPECTIVE SALES, WHERE APPROPRIATE, ARE TO BE USED TO SUPPORT THE MUSEUM'S COLLECTIONS. PART X, LINE 2: ASC 740, INCOME TAXES (ASC 740), PRESCRIBES THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AS WELL AS GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALITES AND FINANCIAL STATEMENT REPORTING DISCLOSURES. FOR THESE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE AMOUNT RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE MUSEUM RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURES AS A COMPONENT OF INCOME TAX EXPENSE. THE MUSUEM DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALITES AS OF JUNE 30, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES NETTED WITH INCOME 29,707. INSURANCE PROCEEDS NETTED WITH REPAIRS EXPENSE 18,165. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES NETTED WITH INCOME 29,707. BAD DEBT EXPENSE 37,171. INSURANCE PROCEEDS NETTED WITH REPAIRS EXPENSE 18,165. REDEFINING INDUSTRY 111175 94675 16500 19712 9995 111175 94675 16500 19712 9995 29707 -13207 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS EMAILED TO THE ENTIRE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING. THE FORM 990 WAS ALSO PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR EVERY BOARD MEMBER SIGNS A CONFLICT OF INTEREST STATEMENT STATING THEY HAVE NO CONFLICTS OF INTEREST RELATING TO ISSUES SUBJECT TO BOARD ACTION AND APPROVAL. IN ADDITION, ANY PAYMENTS TO ANY EXTERNAL PARTY RELATED TO A BOARD MEMBER IS DISCLOSED TO THE ENTIRE BOARD. FOR EXAMPLE, A PAYMENT TO AN ELECTRICAL UTILITY WHERE A BOARD MEMBER IS EMPLOYED, BANK FEES PAID TO A BANK WHERE A BOARD MEMBER IS EMPLOYED, ETC. IF A CONFLICT IS PERCEIVED THAT A BOARD MEMBER DOES NOT BELIEVE IS A CONFLICT, IT WOULD BE DISCUSSED BY THE EXECUTIVE COMMITTEE, AND IF NECESSARY, IT MIGHT CHOOSE TO REQUIRE THE BOARD MEMBER TO RECUSE HIM/HERSELF FROM ANY DISCUSSION OR BOARD ACTION. ISSUES RELATED TO ANY POTENTIAL CONFLICT OF INTEREST AT THE STAFF LEVEL ARE COVERED IN THE MUSEUM'S PERSONNEL POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE AND DEPUTY DIRECTOR'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND IS BASED ON THE SALARIES OF SIMILAR NON-PROFIT INSTITUTIONS' EXECUTIVE DIRECTORS. THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES IN THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -37,171. BMI INC 1415 KEY HIGHWAY BALTIMORE MD 21230 204294116 HOLDING COMPANY MD BALTIMORE MUSEUM OF INDUSTRY INC C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0