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MPT Foundation INC

Public charity990-T FY2023
DBA: % MARY ANN PHILLIPS
Other · OWINGS MILLS, MD · EIN 52-1224503

About

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.

In care of MARY ANN Phillips

Donations are tax-deductible
Category
Other
Employees
7
Volunteers
0

Financial Snapshot

FY ending 2024-06-30
Revenue
$5.7M
Expenses
$5.3M
Assets
$18.3M
Liabilities
$49K

Financial history

$7.3M$3.7M$0
1718192021222324
RevenueExpenses
Latest FY2024: $5.7M · Peak FY2022: $7.3M · Avg: $6.0M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$3.3M
MPT FOUNDATION INC
Your actions

Address

11767 Owings MILL Bills BLVD
Owings Mills, MD, 21117-000

Governance

Voting board members28
Independent members25
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %28.6%
Permanent endowment %40.4%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$77K
Net to org-$17K
Retained by contractors$94K
ChannelsIn-person
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.