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.

501(c)(3) charity; gifts are tax-deductible.
60¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $1.6M a year · 26% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
10 mo
of spending, in cash
Plus $9.2M in investments, Pt X · Ln 11–13
Looks good: 10.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $112K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$87K
0.7% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 27 voting members
Looks good: 24 of 27 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.7M
+14% vs prior year
Spent
$3.0M
To programs
60%
Net assets
$12.6M
By yearFY2020–FY2025
Revenue
$5.7M
FY2021▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.9M
FY2021$5.7M
FY2022$7.3M
FY2023$5.5M
FY2024$5.7M
FY2025$8.7M
Expenses
$3.0M
FY2021▼ -42%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.2M
FY2021$3.0M
FY2022$2.9M
FY2023$4.8M
FY2024$5.3M
FY2025$6.7M
Net assets
$12.6M
FY2021▲ +35%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.4M
FY2021$12.6M
FY2022$15.5M
FY2023$16.8M
FY2024$18.3M
FY2025$20.8M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $1.8M Management & general 9% · $257K Fundraising 32% · $955K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

26 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Larry D Unger’s $281K as Past President is at the 96th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Mpt Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports Maryland Public Broadcasting's activities.

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Provided by the organization

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1 program · $1.8M · in their own filed words · FY2020
01

Support grants to the maryland public broadcasting commission (MPT) and general, programming and membership support provided to MPT

$1.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 8 funders →
Grants paid · 3 grants · $10.1M · 2019–2024
Maryland Public Broadcasting CommissionFY2024$4,571,850
Maryland Public Broadcasting CommissionFY2020$1,740,387
Maryland Public Broadcasting CommissionFY2019$3,760,437

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$5.7M
Ln 12
Gifts and grantsLn 1h$4.3M
Investment incomeLn 3$1.2M
Other incomeLn 4–11$119K
Money outPt IX
$3.0M
Ln 25
Programscol B$1.8M
Managementcol C$257K
Fundraisingcol D$955K
Owns and owesPt X
$12.6M
net assets · Ln 32
Cash and savingsLn 1–2$2.5M
Total assetsLn 16$12.7M
LiabilitiesLn 26$87K
PeoplePt VI, VII
26
listed · VII A
PaidVII A0
Voting boardVI 1a27
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.3M
Government grantsLn 1e$88K
Investment incomeLn 3$1.2M
Other incomeLn 4–11$119K
Gains on assetsLn 7$1.1M
Total revenueLn 12$5.7M
Assets in detailPt X, end of year
SavingsLn 2$2.5M
Cash and savings togetherLn 1–2$2.5M
InvestmentsLn 11–13$9.2M
Total assetsLn 16$12.7M
LiabilitiesLn 26$87K
Net assetsLn 32$12.6M
OperationsPt I, VI
EmployeesI 59
VolunteersI 623
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.5M$2.5M
InvestmentsLn 11–13$7.0M$9.2M
Total assetsLn 16$9.6M$12.7M
LiabilitiesLn 26$211K$87K
Net assetsLn 32$9.4M$12.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.7M$1.7M
Other salaries and wagesLn 7$516K$73K$443K
Other employee benefitsLn 9$38K$8K$30K
Payroll taxesLn 10$39K$5K$33K
Accounting feesLn 11c$79K$48K$31K
Professional fundraising feesLn 11e$75K$75K
Other fees for servicesLn 11g$40K$28K$12K
Office expensesLn 13$53K$8K$45K
Information technologyLn 14$57K$57K
OccupancyLn 16$30K$30K
TravelLn 17$12K$7K$5K
Conferences, conventions and meetingsLn 19$3K$3K
Other expenses (24a–d)Ln 24$319K$66K$252K
Total functional expensesLn 25$3.0M$1.8M$257K$955K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8.7M$6.7M$2.0M$20.8M 990 PDF
FY2024 $5.7M$5.3M$361K$18.3M 990 PDF
FY2023 $5.5M$4.8M$631K$16.8M 990 PDF
FY2022 $7.3M$2.9M$4.4M$15.5M 990 PDF
FY2021 Viewing $5.7M$3.0M$2.7M$12.6M 990 PDF
FY2020 $4.9M$5.2M−$234K$9.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $5,650,416 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,548,345$4,316,420
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $327,376$1,215,370
I-11 Other revenuePrior year $73,093$118,626
I-12 Total revenuePrior year $4,948,814$5,650,416
I-13 Grants and similar amounts paidPrior year $3,760,437$1,740,387
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $522,094$592,050
I-16a Professional fundraising feesPrior year $168,737$75,450
I-17 Other expensesPrior year $731,220$592,475
I-18 Total expensesPrior year $5,182,488$3,000,362
I-19 Revenue less expensesPrior year −$233,674$2,650,054
Part VI · Governance 24 of 27 board members independent, 1 to look at
VI-1a Voting members of the governing body27
VI-1b Independent voting members24
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $5,650,416 across 8 lines filed
Lines not itemized here account for $60,105 of total revenue; see the IRS return.
VIII-1e Government grants$87,662
VIII-1f All other contributions, gifts and grants$4,228,758
VIII-1h Total contributions, gifts and grants$4,316,420
VIII-3 Investment incomeExcluded from tax $66,151$66,151
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,149,219$1,149,219
VIII-8 Net income from fundraising eventsExcluded from tax $36,606$36,606
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $21,500 · Excluded from tax $415$21,915
VIII-12 Total revenueRelated to mission $0 · Unrelated business $21,500 · Excluded from tax $1,312,496$5,650,416
Part IX · Statement of functional expenses $3,000,362 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $1,740,387$1,740,387
IX-7 Other salaries and wagesManagement $72,835 · Fundraising $442,780$515,615
IX-9 Other employee benefitsManagement $8,212 · Fundraising $29,711$37,923
IX-10 Payroll taxesManagement $5,121 · Fundraising $33,391$38,512
IX-11c Accounting feesPrograms $48,000 · Management $31,000$79,000
IX-11e Professional fundraising feesFundraising $75,450$75,450
IX-11g Other fees for servicesManagement $28,114 · Fundraising $12,053$40,167
IX-13 Office expensesManagement $8,006 · Fundraising $44,592$52,598
IX-14 Information technologyFundraising $57,300$57,300
IX-16 OccupancyManagement $30,000$30,000
IX-17 TravelManagement $7,316 · Fundraising $4,923$12,239
IX-19 Conferences, conventions and meetingsFundraising $2,596$2,596
IX-24 Other expenses (24a–d)Management $66,328 · Fundraising $252,247$318,575
IX-25 Total functional expensesPrograms $1,788,387 · Management $256,932 · Fundraising $955,043$3,000,362
Part X · Balance sheet $12,711,206 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,459,113$2,504,399
X-4 Accounts receivableStart of year $1,086,373$1,018,115
X-11 Publicly traded securitiesStart of year $7,025,369$9,188,692
X-16 Total assetsStart of year $9,570,855$12,711,206
X-17 Accounts payable and accrued expensesStart of year $67,911$31,971
X-25 Other liabilitiesStart of year $142,662$55,000
X-26 Total liabilitiesStart of year $210,573$86,971
X-27 Net assets without donor restrictionsStart of year $4,395,462$6,447,929
X-28 Net assets with donor restrictionsStart of year $4,964,820$6,176,306
X-32 Total net assets or fund balancesStart of year $9,360,282$12,624,235
X-33 Total liabilities and net assetsStart of year $9,570,855$12,711,206
Part XI · Reconciliation of net assets $12,624,235 net assets at year end
XI-1 Total revenue$5,650,416
XI-2 Total expenses$3,000,362
XI-3 Revenue less expenses$2,650,054
XI-4 Net assets at start of year$9,360,282
XI-5 Net unrealized gains (losses) on investments$614,314
XI-9 Other changes in net assets−$415
XI-10 Net assets at end of year$12,624,235

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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