|
Financial Information
How we operate
The Maryland School for the Blind is a private school and is tax exempt under Internal Revenue Service
regulations. It is funded mainly through a grant from the Maryland State Department of Education. Donations are received from individuals, corporations, foundations, and community groups.
|
|
|
|
|
|
|
|
|
FY 2007 |
|
|
|
|
|
|
|
|
|
|
Revenues * |
|
|
|
|
|
$22,992,894
|
|
|
|
|
|
|
|
|
|
|
|
Maryland State Appropriation |
|
|
|
16,430,057 |
|
|
Program Services |
|
|
|
|
4,061,847 |
|
|
Sponsored Projects |
|
|
|
|
685,649
|
|
|
Private Gifts & Bequests |
|
|
|
1,399,838 |
|
|
Investment Income Used for
Operations |
|
|
128,940
|
|
|
Other Revenues |
|
|
|
|
286,563
|
|
|
|
|
|
|
|
|
|
|
|
* All investment related
revenues and consolidated
entities not included. |
|
|
|
|
|
|
|
|
|
|
|
|
Expenses ** |
|
|
|
|
|
$22,992,894
|
|
|
|
|
|
|
|
|
|
|
|
Instruction |
|
|
|
|
8,280,845 |
|
|
Educational Support |
|
|
|
|
4,619,071 |
|
|
Residential Services |
|
|
|
|
3,230,104 |
|
|
Nutrition, Research &
Instructional |
|
|
|
|
|
Resource Center |
|
|
|
|
1,172,100 |
|
|
General Administration |
|
|
|
2,836,070 |
|
|
Facilities |
|
|
|
|
|
2,854,704 |
|
|
Depreciation*** |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
** Expenses of consolidated
entities not included. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For additional information,
contact: |
|
|
|
|
|
Robin L. Churchill, CPA,
Chief Financial Officer |
|
|
|
|
410-444-5000 |
|
|
|
|
|
|
|
robinc@mdschblind.org |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|