MPT FOUNDATION INC

OWINGS MILLS, MD, 21117-0000 (410) 581-4030 Est. 1981 EIN 52-1224503
A113— Arts, Culture & Humanities Form 990 501(c)(3)

Mission

THE FOUNDATION'S PURPOSE IS TO SUPPORT AND PROMOTE THE OBJECTIVES OF THE MARYLAND PUBLIC BROADCASTING COMMISSION (MPT) IN THE FOLLOWING WAYS: 1) TO FACILITATE FUND RAISING PROGRAMS AND CONTRIBUTIONS FROM PRIVATE SOURCES TO FOSTER AND PROMOTE THE GENERAL WELFARE OF MPT 2) TO PROMOTE, SPONSOR, AND IMPLEMENT EDUCATIONAL, SCIENTIFIC, CHARITABLE AND CULTURAL ACTIVITIES FOR THE BENEFIT OF MPT AND 3) TO ACCUMULATE AND PROVIDE FUNDS TO BE INVESTED AND TO UTILIZE THE PRINCIPAL AND INCOME THEREOF FOR ACTIVITIES THAT ENHANCE AND FURTHER THE MISSION OF MPT.

Giving Portfolio

Total Grants
6
Total Giving
$15.9M
Recipients
6
Years Active
2017 - 2023
Avg grant: $2,648,320 Median: $2,846,943

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20231$3.3M $3.3M01
20221$2.8M $2.8M01
20211$1.4M $1.4M01
20201$1.7M $1.7M01
20191$3.8M $3.8M01
20171$2.9M $2.9M10

Top States

Maryland
6

Top Grantees

MARYLAND PUBLIC BROADCASTING COMMISSION
MD - 6 grants
$15.9M

Financials

Total Revenue
$5,671,065
Total Expenses
$5,309,883
Net Assets
$18,280,571
7 employees
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
3.4 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 3.5%
Expenses ↑ 9.5%
Revenue Sources
Contributions 91.5% Investment 6.0% Other 3.0%
Expense Breakdown
Program 63.6% Management 7.8% Fundraising 28.6%

Officers & Trustees (29)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2023 Form 990
Jul 1, 2023 to Jun 30, 2024
$5,671,065 $5,309,883$18,280,571
2022 Form 990
Jul 1, 2022 to Jun 30, 2023
$5,480,845 $4,849,818$16,803,791
2021 Form 990
Jul 1, 2021 to Jun 30, 2022
$7,324,843 $2,884,651$15,535,985
2020 Form 990
Jul 1, 2020 to Jun 30, 2021
$5,650,416 $3,000,362$12,624,235
2019 Form 990
Jul 1, 2019 to Jun 30, 2020
$4,948,814 $5,182,488$9,360,282
2017 Form 990
Jul 1, 2017 to Jun 30, 2018
$7,108,441 $4,267,220$8,233,078

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EIN: 52-1224503 · Source: IRS Form 990 e-file data