LIBRARY COMPANY OF PHILADELPHIA: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- LIBRARY COMPANY OF PHILADELPHIA (EIN 23-1370444)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202213199349315351
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T13:23:00-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 236410283 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ISDANER & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THREE BALA PLAZA SUITE 501 WEST | AddressLine1Txt |
| City | BALA CYNWYD | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 190043484 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231370444 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LIBRARY COMPANY OF PHILADELPHIA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIBR | BusinessNameControlTxt |
| Phone | 2155463181 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1314 LOCUST STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19107 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL J BARSANTI | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2155463181 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | BARSANTI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EDWARD W DORAN CPA | PreparerPersonNm |
| PTIN | P00841330 | PTIN |
| Phone | 6106684200 | PhoneNum |
| Preparation | 2022-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL J BARSANTI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1314 LOCUST STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19107 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $41,814,444 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LIBRARYCOMPANY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1731 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | INDEPENDENT RESEARCH LIBRARY FOR THE STUDY OF AMERICAN HISTORY AND CULTURE | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 34 | TotalEmployeeCnt |
| Total Volunteers | 2 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,129,477 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,891,359 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $161,658 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $206,840 | CYProgramServiceRevenueAmt |
| PY Investment Income | $954,910 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,933,643 | CYInvestmentIncomeAmt |
| PY Other Revenue | $9,561 | PYOtherRevenueAmt |
| CY Other Revenue | -$17,396 | CYOtherRevenueAmt |
| PY Total Revenue | $3,255,606 | PYTotalRevenueAmt |
| CY Total Revenue | $12,014,446 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $187,085 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $246,250 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,013,233 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,161,123 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $389,787 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,833,968 | PYOtherExpensesAmt |
| CY Other Expenses | $1,897,501 | CYOtherExpensesAmt |
| PY Total Expenses | $4,034,286 | PYTotalExpensesAmt |
| CY Total Expenses | $4,304,874 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$778,680 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,709,572 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $37,905,585 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,011,303 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $271,046 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $271,224 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $37,634,539 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $39,740,079 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE MISSION OF THE LIBRARY COMPANY IS TO ENRICH PUBLIC UNDERSTANDING OF OUR NATION'S HISTORY BY FOSTERING ADVANCED RESEARCH IN ITS COLLECTIONS OF PRIMARY SOURCE MATERIALS RELATING TO AMERICAN HISTORY AND CULTURE FROM THE 17TH THROUGH 19TH CENTURIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,072,950 | ExpenseAmt |
| Grant | $246,250 | GrantAmt |
| Revenue | $206,840 | RevenueAmt |
| Desc | OPERATION OF A RARE BOOK REPOSITORY AND RESEARCH LIBRARY, PRESENTING EXHIBITS, PROGRAMS AND PUBLICATIONS FOR MEMBERS AND GENERAL PUBLIC. | Desc |
| Total Program Service Expenses | $3,072,950 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 76 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 34 | EmployeeCnt |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL BARSANTI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2155463181 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1314 LOCUST STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19107 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|
| HOWELL ROSENBERG | |||||||
| PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOSEPH M EVANS JR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| B ROBERT DEMENTO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHELLE FLAMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JUDITH FREYER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES P KEATES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL B MANN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LOUISE MARSHALL KELLY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RANDALL M MILLER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL RICHTER | |||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAMES H SCOTT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| THERESA R SNYDER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIA M THOMPSON | |||||||
| VICE PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| EDWARD WADDINGTON | |||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANN LUCAS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CARLA PETERSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL RIORDAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID ROWLAND | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RAECHEL HAMMER | |||||||
| CHIEF DEVELOPMENT OFFICER | 35.00 | Yes (X) | $139,097 | $0 | $17,858 | ||
| MICHAEL BARSANTI | |||||||
| EDWIN WOLF 2ND DIRECTOR | 35.00 | $151,039 | $0 | $16,918 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $290,136 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $34,776 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YOUR PART-TIME CONTROLLER | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 WALNUT ST SUITE 1200 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | ACCOUNTING | ServicesDesc |
| Compensation | $133,913 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $219,707 | MembershipDuesAmt |
| Fundraising | $79,191 | FundraisingAmt |
| Government Grants | $517,752 | GovernmentGrantsAmt |
| All Other Contributions | $1,074,709 | AllOtherContributionsAmt |
| Noncash Contributions | $601,074 | NoncashContributionsAmt |
| Total Contributions | $1,891,359 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER LIBRARY SERVICES | Desc |
| Business | 519100 | BusinessCd |
| Total Revenue Column | $206,840 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $206,840 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $206,840 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $765,820 | TotalRevenueColumnAmt |
| Exclusion | $765,820 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $11,490 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $11,490 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,490 | TotalRevenueColumnAmt |
| Exclusion | $11,490 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $38,906,075 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $29,738,252 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,167,823 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,167,823 | TotalRevenueColumnAmt |
| Exclusion | $9,167,823 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $32,860 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $79,191 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $61,746 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$28,886 | TotalRevenueColumnAmt |
| Exclusion | -$28,886 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,014,446 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $206,840 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,916,247 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,250 | TotalAmt |
| Program Services | $246,250 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $324,912 | TotalAmt |
| Program Services | $167,957 | ProgramServicesAmt |
| Fundraising | $156,955 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,427,946 | TotalAmt |
| Program Services | $1,169,093 | ProgramServicesAmt |
| Management And General | $114,872 | ManagementAndGeneralAmt |
| Fundraising | $143,981 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,565 | TotalAmt |
| Program Services | $82,382 | ProgramServicesAmt |
| Management And General | $8,004 | ManagementAndGeneralAmt |
| Fundraising | $9,179 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,775 | TotalAmt |
| Program Services | $135,912 | ProgramServicesAmt |
| Management And General | $12,463 | ManagementAndGeneralAmt |
| Fundraising | $23,400 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,925 | TotalAmt |
| Program Services | $105,210 | ProgramServicesAmt |
| Management And General | $9,155 | ManagementAndGeneralAmt |
| Fundraising | $22,560 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,000 | TotalAmt |
| Program Services | $1,500 | ProgramServicesAmt |
| Management And General | $1,500 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,524 | TotalAmt |
| Management And General | $138,524 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,000 | TotalAmt |
| Program Services | $26,000 | ProgramServicesAmt |
| Management And General | $26,000 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,967 | TotalAmt |
| Management And General | $178,967 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,856 | TotalAmt |
| Program Services | $137,428 | ProgramServicesAmt |
| Management And General | $137,428 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,294 | TotalAmt |
| Program Services | $60,918 | ProgramServicesAmt |
| Management And General | $76,147 | ManagementAndGeneralAmt |
| Fundraising | $15,229 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $308,505 | TotalAmt |
| Program Services | $262,229 | ProgramServicesAmt |
| Management And General | $46,276 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,862 | TotalAmt |
| Program Services | $418 | ProgramServicesAmt |
| Management And General | $934 | ManagementAndGeneralAmt |
| Fundraising | $10,510 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $391,364 | TotalAmt |
| Program Services | $332,659 | ProgramServicesAmt |
| Management And General | $58,705 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,140 | TotalAmt |
| Program Services | $26,056 | ProgramServicesAmt |
| Management And General | $32,570 | ManagementAndGeneralAmt |
| Fundraising | $6,514 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BOOKS AND PERIODICALS | $163,476 | $163,476 | ||
| LIBRARY EXPENSES | $148,656 | $148,656 | ||
| STAFF DEVELOPMENT | $8,857 | $6,806 | $592 | $1,459 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,304,874 | TotalAmt |
| Program Services | $3,072,950 | ProgramServicesAmt |
| Management And General | $842,137 | ManagementAndGeneralAmt |
| Fundraising | $389,787 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $550,996 | BOYAmt |
| EOY | $213,804 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $377,765 | BOYAmt |
| EOY | $309,880 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,293 | BOYAmt |
| EOY | $18,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,369 | BOYAmt |
| EOY | $22,954 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $12,960,178 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,149,873 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,795,050 | BOYAmt |
| EOY | $5,810,305 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,004,613 | BOYAmt |
| EOY | $33,636,360 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,499 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,905,585 | BOYAmt |
| EOY | $40,011,303 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,046 | BOYAmt |
| EOY | $271,224 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,046 | BOYAmt |
| EOY | $271,224 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,968,183 | BOYAmt |
| EOY | $8,482,048 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,666,356 | BOYAmt |
| EOY | $31,258,031 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,634,539 | BOYAmt |
| EOY | $39,740,079 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,905,585 | BOYAmt |
| EOY | $40,011,303 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $7,709,572 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$5,604,032 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $973,173 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,502,176 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,201,531 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,129,477 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,862,473 | CurrentTaxYearAmt |
| Total | $8,668,830 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $973,173 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,502,176 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,201,531 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,129,477 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,862,473 | CurrentTaxYearAmt |
| Total | $8,668,830 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,117,212 | SubstantialContributorsTotAmt |
| Public Support Total170 | $7,551,618 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $686,240 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $627,199 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $628,937 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $511,491 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $777,310 | CurrentTaxYearAmt |
| Total | $3,231,177 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$12,139 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,754 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,462 | CurrentTaxYearMinus2YearsAmt |
| Total | $26,077 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $11,926,084 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $764,481 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.63320 | PublicSupportCY170Pct |
| Public Support PY170 | 0.63900 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $52,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $52,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | ORGANIZATION HAS CONTRACTED WITH ROSCOMMON INTERNATIONAL TO WORK WITH EXECUTIVE AND LEGISLATIVE LEADERS IN COMMONWEALTH OF PENNSYLVANIA AND CITY OF PHILADELPHIA TO GARNER SUPPORT FOR LCP PROGRAMS AND INITIATIVES | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,916,090 | BeginningYearBalanceAmt |
| Contributions | $548,915 | ContributionsAmt |
| Investment Earnings Or Losses | $4,112,576 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,831,526 | OtherExpendituresAmt |
| End Year Balance | $32,746,055 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,870,575 | BeginningYearBalanceAmt |
| Contributions | $317,410 | ContributionsAmt |
| Investment Earnings Or Losses | $2,931,616 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,203,510 | OtherExpendituresAmt |
| End Year Balance | $29,916,090 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $24,516,758 | BeginningYearBalanceAmt |
| Contributions | $182,929 | ContributionsAmt |
| Investment Earnings Or Losses | $6,241,841 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,070,953 | OtherExpendituresAmt |
| End Year Balance | $28,870,575 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,971,866 | BeginningYearBalanceAmt |
| Contributions | $390,299 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,583,239 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,745,168 | OtherExpendituresAmt |
| Administrative Expenses | $2,517,000 | AdministrativeExpensesAmt |
| End Year Balance | $24,516,758 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,625,735 | BeginningYearBalanceAmt |
| Contributions | $472,218 | ContributionsAmt |
| Investment Earnings Or Losses | $3,816,653 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,942,740 | OtherExpendituresAmt |
| End Year Balance | $29,971,866 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.08810 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.91190 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $315,014 | OtherCostOrOtherBasisAmt |
| Book Value | $315,014 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,932,848 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,529,770 | DepreciationAmt |
| Book Value | $5,403,078 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $712,316 | OtherCostOrOtherBasisAmt |
| Depreciation | $620,103 | DepreciationAmt |
| Book Value | $92,213 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,810,305 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,231,447 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$5,604,032 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$5,604,032 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,835,479 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $178,967 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $178,967 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $12,014,446 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,125,907 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,125,907 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $178,967 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $178,967 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,304,874 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | SEE EXPLANATION BELOW FOR PART III, LINE 4 |
| PART III, LINE 4: | ORGANIZATION MAINTAINS COLLECTIONS OF ART, HISTORICAL TREASURES AND OTHER SIMILAR ASSETS. THE PERMANENT COLLECTIONS COMPRISE APPROXIMATELY 500,000 BOOKS, PAMPHLETS AND BROADSIDES, 160,000 MANUSCRIPTS, 100,000 PRINTS, PHOTOGRAPHS AND OTHER GRAPHIC WORKS, AND SEVERAL HUNDRED WORKS OF ART AND ARTIFACTS BECAUSE THE VALUES OF THE EXISTING PERMANENT COLLECTIONS ARE NOT READILY DETERMINABLE, IN ACCORDANCE WITH FASB ASC 958, NOT-FOR-PROFIT ENTITIES, THE COMPANY HAS NOT CAPITALIZED THEM. ACCESSIONS AND DEACCESSIONS ARE ACCOUNTED FOR IN UNRESTRICTED NET ASSETS. |
| PART V, LINE 4: | THE LIBRARY COMPANY'S ENDOWMENT COMPRISES FUNDS RESTRICTED BY DONORS TO SUPPORT PARTICULAR ACTIVITES (E G RESEARCH, FELLOWSHIPS, ACQUISITIONS, TECNHOLOGY, CATALOGING AND MAINTENANCE) AND UNRESTRICTED FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT THAT SUPPORT ALL ASPECTS OF THE COMPANY'S OPERATIONS. |
| PART X, LINE 2: | THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PURSUANT TO FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, THE COMPANY RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION. NO LIABILITY FOR UNCERTAIN TAX POSITIONS WAS RECORDED AS OF DECEMBER 31, 2020 OR 2019. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL DINNER | Event1Nm |
| Gross Receipts Event1 | $112,051 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $79,191 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $32,860 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $41,488 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $20,258 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $112,051 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $79,191 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $32,860 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $41,488 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $20,258 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $61,746 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$28,886 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FELLOWSHIP GRANTS | GrantTypeTxt |
| Recipient | 50 | RecipientCnt |
| Cash Grant | $246,250 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL FELLOWSHIPS SUPPORT RESEARCH IN RESIDENCE AT THE LIBRARY COMPANY. THE REFERENCE STAFF MAINTAINS DAILY CONTACT WITH THE FELLOWS DURING THEIR FELLOWSHIP PERIOD. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL BARSANTI | ||||||||||||||
| EDWIN WOLF 2ND DIRECTOR | $151,039 | $0 | $0 | $0 | $0 | $0 | $9,606 | $0 | $7,312 | $0 | $167,957 | $0 | $0 | $0 |
| RAECHEL HAMMER | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $139,097 | $0 | $0 | $0 | $0 | $0 | $10,546 | $0 | $7,312 | $0 | $156,955 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $601,074 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STOCK MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS SHAREHOLDERS WHO ARE CHARGED UNDER THE BYLAWS WITH ELECTING THE MEMBERS OF THE BOARD AND ITS OFFICERS. AN ANNUAL MEETING IS HELD WHERE THE ELECTION TAKES PLACE. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION HAS SHAREHOLDERS WHO ARE CHARGED UNDER THE BYLAWS WITH ELECTING THE MEMBERS OF THE BOARD AND ITS OFFICERS. AN ANNUAL MEETING IS HELD WHERE THE ELECTION TAKES PLACE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE EXECUTIVE DIRECTOR AND STAFF ACCOUNTANT REVIEW THE FORM 990 WITH THE PAID PREPARER. THE AUDIT COMMITTEE REVIEWS THE FORM AND RECOMMENDS ACCEPTANCE OF THE 990 TO THE BOARD OF TRUSTEES, AND THE BOARD APPROVES THE 990 PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | COVERED PERSONS ARE SOLICITED ANNUALLY, ASKING THESE INDIVIDUALS TO REPORT ANY POSSIBLE POTENTIAL CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY EVALUATES THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND DETERMINES COMPENSATION USING COMPARABILITY DATA |
| FORM 990, PART VI, SECTION C, LINE 19 | THE IRS DETERMINATION LETTER OF 501(C)3 STATUS AND THE AUDITED FINANCIAL STATEMENTS ARE FURNISHED UPON REQUEST |
| FORM 990, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IRVING STREET LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1314 LOCUST STREET | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19107 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 474884217 | EIN |
| Primary Activities | PROPERTY OWNERSHIP | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $12,195 | EndOfYearAssetsAmt |
Comments