The Valerie J Maynard Foundation Inc
Nonprofit profile at a glance
- EIN
- 872161635
- IRS 990 coverage
- 2024–2025
- Forms available
- Form 990 2025, Form 990-EZ 2022, Form 990-N 2023
- Location
- Baltimore, MD, USA
- Phone
- 3479011266
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $651,539
- Expenses
- $416,426
- Assets
- $1,944,566
- Liabilities
- $27,630
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Antonio Lyons (President)
Highest reported compensation
- Antonio Lyons (President): $97,424 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Organization supports research and scholarship on the life, art, pedagogy, and contributions of Dr. Valerie Jean Maynard to 20th century art.
What it reported doing in 2025
The following narrative describes the significant program service activities and accomplishments of the Valerie J. Maynard Foundation ("the Foundation or VJMF") during the 2025 tax year. 1. Inventory and Cataloging ProjectIn 2025, the Valerie J. Maynard Foundation worked with a team of archivists from a partner organization to digitize a series of papers in the VJMF collection. This work resulted in scanning and inventorying a significant number of documents. 2. Valerie J. Maynard Legacy Internship ProgramThe Valerie J. Maynard Legacy Internship provides participants with foundational skills to support the long-term stewardship of an artist's legacy. Over the course of the program, interns gain practical experience in the management, documentation, and care of a collection of art, artifacts, ephemera, and archival materials. Current training modules emphasize inventorying, cataloging, digitization, art handling, preservation, and oral history methodology.The internship has two formats: a nine-week Summer Intensive and a One-Year Cycle, operated in special partnership with the Baltimore Museum of Art (BMA), in which interns divide their time between the Foundation and the BMA. 3. Born-Digital Materials InitiativeInitial outcomes of this effort included the retrieval of files from various electronic devices, including a Samsung point-and-shoot camera, a 2020 MacBook, a 2015 Mac desktop and an iPhone. All retrieved data was backed up across external hard drives.4. Ecosystem Development InitiativeThroughout 2025, the Foundation cultivated an expanding network of institutional and community partnerships to strengthen its archival, cultural, and neighborhood-facing programming.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 92
- Accountability: 68
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 45.1%; rating input score 45
- Program expense ratio: 69.8%; rating input score 70
- Fundraising efficiency: $22.68 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 36.1%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 4.67; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 23.4%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 110% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 54.3% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 61.9% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 45.1% of revenue deployed · 69.8% of spending went to programs
- Governance: 4 of 5 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $291K in reported program spending
- Leadership: top reported pay $97K · 5 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 59/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.