Public Charity

Maryland Institute

Maryland Institute, of Baltimore, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $120.5M in revenue, $124.6M in expenses, $317.5M in total assets. 87 publicly reported grants to this organization, totaling roughly $7.0M, appear in IRS filings.

EIN: 520591661 Baltimore, MD Undergraduate Colleges NTEE: B42 Latest filing: 2025
Total Revenue$120.5M
Total Expenses$124.6M
Total Assets$317.5M
Grant Records87
Funding Total$7.0M
Filing Years2021–2025

Mission

DEGREE GRANTING COLLEGE-MARYLAND INSTITUTE COLLEGE OF ART IS A PRIVATE COLLEGE DEDICATED TO THE EDUCATION OF PROFESSIONAL ARTISTS AND THE FURTHER ADVANCEMENT OF ART IN THE COMMUNITY.

Where $100 goes at Maryland Institute

How Maryland Institute divides every $100 it spends, from its own Form 990 filings, averaged across 10 years.

$71 Programs the work itself
$27 Management running the organization
$2 Fundraising raising the next dollar

Inside the $71 for programs

$71
Accredited college with programs in fine arts, applied arts, and art education; approximately 1,700 students, grants are disbursements for students' financial aid, student awards, fellowships, and for faculty…
All program spending · Reported in the filing: 1,700 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
GENERAL SUPPORT AND VARIOUS PROJECTS
$74,504
2024
For grant recipient's exempt purposes
$42,450
2024
UNRESTRICTED GENERAL SUPPORT
$25,000

Showing up to 5 of 87 total records — full history available with membership.

Officers & Directors

FORMER VP OPERATIONS AND TECHNOLOGY Alexandra Kim
TRUSTEE Amy Brusselback
TRUSTEE Anne Garfinkle
TRUSTEE Anne Perkins
TRUSTEE Bonnie Washington
PRESIDENT Cecilia Mccormick

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,999,416 49 grants
Education
$632,932 30 grants
Economic Development
$30,000 1 grant
Unspecified
$3,336,950 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $120.5M $124.6M $317.5M
2024 $134.6M $126.1M $321.3M
2023 $122.2M $122.6M $319.8M
2022 $138.7M $127.9M $329.1M
2021 $94.3M $105.3M $339.6M

Between 2021 and 2025, reported annual revenue grew from $94.3M to $120.5M (+28%), with total assets most recently reported at $317.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Maryland Institute

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