Arts, Culture & Humanities (A540) IRS Verified DX Registered 990 on File

BALTIMORE MUSEUM OF INDUSTRY

EIN: 52-1205675 · BALTIMORE, MD 21230-5115 · United States · FY 2025 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 71/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 9/13/2026

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Mission Statement

The Baltimore Museum of Industry celebrates Maryland’s industrial legacy and shows how innovation fuels ongoing progress. Our exhibitions, educational programs, and collections engage visitors in the stories of the people who built Baltimore and those who shape the region’s future.

Financial Overview — FY 2025

$2.5M

Total Revenue

$2.7M

Total Expenses

$1.1M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 76.1%

Fundraising Efficiency 1993.0%

Operating Reserve 4.75x

Liability-to-Asset 74.2%

Revenue Diversification 45.7%

Executive Compensation $390K

Compared with Peers

FY 2025

Compared with 1,930 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2025.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	76.1%	77.7%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	11.9%	14.2%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	12.0%	5.9%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	1993.0%	302.5%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	4.8 mo	15.8 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	74.2%	11.4%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	45.7%	70.6%	P10P90	Top quarter
Surplus margin Surplus as a share of revenue	-9.4%	0.9%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$2.5M	$2.7M	$1.1M	76.1%	59
2023	$2.5M	$2.4M	$1.9M	73.1%	49
2022	$2.8M	$2.1M	$1.8M	73.8%	36
2021	$1.8M	$1.8M	N/A	—	45

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Organization Details

EIN: 52-1205675
State: MD
City: BALTIMORE
ZIP: 21230-5115
Classification: A540
Category: Arts, Culture & Humanities
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1981
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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