2020-08-18T05:31:40-07:00 2019-12-31 STREETMAN JONES & POWERS LLC 171 CHURCH STREET STE 240 CHARLESTON SC 29401 990 2019-01-01 570314372 CHARLESTON LIBRARY SOCIETY CHAR 8437239912 164 KING STREET CHARLESTON SC 29401 JACK MCSPADDEN TREASURER 8437239912 2020-06-24 true BRIAN R POWERS CPA CVA P00540391 8437233133 2020-08-18 X 50.247.38.17 2020-08-18 05:31:30 PD P DEC8A2A933475495C46034D63BF4867680221573 D4C9DB6A26F525704F93EE5FBBB155A63BA45150 2019 2020-09-23 17:36:50Z ANNE CLEVELAND 164 KING STREET CHARLESTON SC 29401 3487010 false X CHARLESTONLIBRARYSOCIETY.ORG X 1987 SC FOUNDING IN 1748, THE CHARLESTON LIBRARY SOCIETY (THE SOCIETY) IS THE SOUTH'S OLDEST CULTURAL INSTITUTION AND THE SECOND OLDEST CIRCULATING LIBRARY IN THE UNITED STATES. 20 20 17 0 0 0 2678229 3034657 220549 160473 314915 212985 59516 78895 3273209 3487010 0 0 841010 808343 0 89077 607403 633364 1448413 1441707 1824796 2045303 9912702 12296233 712152 222012 9200550 12074221 FOUNDING IN 1748, THE CHARLESTON LIBRARY SOCIETY (THE SOCIETY) IS THE SOUTH'S OLDEST CULTURAL INSTITUTION AND THE SECOND OLDEST CIRCULATING LIBRARY IN THE UNITED STATES. false false 1064999 0 833088 THE LIBRARY COLLECTS, PRESERVES AND MAKES AVAILABLE CULTURAL MATERIALS FOR THE USE OF ITS MEMBERS AND RESEARCHERS AROUND THE WORLD. IN ADDITION, IT IS A CIRCULATING LIBRARY AND A REPOSITORY OF RARE BOOKS PERIODICALS, MANUSCRIPTS, CLIPPINGS, MAPS, DIRECTORIES, ALMANACS AND VISUAL MATERIALS. 1064999 true true false false false false false true false true true false false false true false false false false false false false false false false false false false false true false false false false false false false false true true false false false false false false false true X 0 0 17 true false false false false false true true false false false false false false X 20 20 false false false false true true true true true false false true true true true true true true true false SC X X ANNE CLEVELAND 8437239912 164 KING STREET CHARLESTON SC 29407 ANN AUBURN DIRECTOR 4.00 X 0 0 0 DWIGHT WILLIAMS DIRECTOR 4.00 X 0 0 0 SUSAN T FRIBERG SECRETARY 4.00 X X 0 0 0 JAMES TREYZ TREASURER 4.00 X X 0 0 0 DIANA HAMBLETON DIRECTOR 4.00 X 0 0 0 PATRICIA WILLIAMS LESSANE DIRECTOR 4.00 X 0 0 0 WILLIAM COGSWELL DIRECTOR 4.00 X 0 0 0 WALTER FIEDEROWICZ DIRECTOR 4.00 X 0 0 0 JOHN HILL DIRECTOR 4.00 X 0 0 0 LEWIS KUNKEL DIRECTOR 4.00 X 0 0 0 JERROLD MITCHELL DIRECTOR 4.00 X 0 0 0 JANINE LUKE DIRECTOR 4.00 X 0 0 0 LAYTON MCCURDY DIRECTOR 4.00 X 0 0 0 THOMAS WARING DIRECTOR 4.00 X 0 0 0 JANE TYLER DIRECTOR 4.00 X 0 0 0 DAVID COHEN DIRECTOR 6.00 X 0 0 0 J RUTLEDGE YOUNG JR DIRECTOR 4.00 X 0 0 0 ANDREW TEW DIRECTOR 4.00 X 0 0 0 CAROL SANFORD PRESIDENT 6.00 X 0 0 0 RICHARD ALMEIDA VICE PRESIDENT 6.00 X X 0 0 0 ANNE CLEVELAND EXECUTIVE DIRECTOR 45.00 X X 170294 0 0 170294 0 0 1 false true false Palmetto Craftsmen Inc PO Box 1101 Charleston SC 29402 CONSTRUCTION 1843113 Applied Building Services Inc PO Box 71127 N Charleston SC 29415 CONSTRUCTION 102167 2 418888 2615769 3034657 ALL PROGRAMS & EVENTS 611600 160473 0 0 160473 212985 0 0 78895 78895 78895 78895 3487010 452353 0 0 170294 119206 34059 17029 504724 353307 100945 50472 30827 21579 6165 3083 54111 37878 10822 5411 48387 33871 9677 4839 18815 0 18815 0 8796 7037 0 1759 14715 14715 0 0 52718 42174 10544 0 649 649 0 0 134571 107657 26914 0 55051 44041 11010 0 MAINTENANCE 119108 95286 23822 0 ADULT PROGRAMING 50321 50321 0 0 RESTORATION 6150 0 6150 0 BANK CHARGES 6700 5360 1340 0 165770 131918 27368 6484 1441707 1064999 287631 89077 1571018 1374452 5930066 1218465 2670146 4711601 5671538 6210180 9912702 12296233 115621 156705 42637 12283 550694 49824 3200 3200 712152 222012 X 6238956 10049971 2961594 2024250 9200550 12074221 9912702 12296233 2045303 X true X false true false X 0 586879 744255 1257364 2578075 3032454 8199027 0 0 586879 744255 1257364 2578075 3032454 8199027 0 8199027 -261194 167924 609971 -401202 1041353 1156852 0 0 9355879 0.87640 0.96340 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 1525622 312191 167294 1670519 1491700 94619 60697 1525622 1410806 141621 60727 1491700 1453592 14774 57560 1410806 1613126 -69225 90309 1453592 false false 264000 264000 2300712 952413 1348299 446356 266052 180304 2918998 0 2918998 4711601 Security Lease Deposit 3200 3200 Pt III, Line 4 THE SOCIETY FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD FASB ASC 958-310-50, COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATIONS ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED FUNDS AND AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED FUNDS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECORDED IN THE STATEMENTS OF ACTIVITIES. THERE WERE NO PURCHASES OR DONATIONS OF MUSEUM COLLECTION ITEMS FOR EITHER OF THE YEARS ENDED DECEMBER 31, 2016 AND 2015. THE COLLECTION CONTAINS HISTORICALLY SIGNIFICANT ORIGINAL LETTERS AND LEGAL DOCUMENTS THAT ARE CONSIDERED PRICELESS AND ARE MAINTAINED IN A VAULT AND BOUND IN A LIGHT PROTECTED ENVIRONMENT. Pt V, Line 4 The Society's investment policy intends for the Society to invest in assets that would produce results exceeding the investment's purchase price and incur a significant yield of return, while assuming a moderate level of investment risk. The Society expects its Investment Fund, over time, to provide a reasonable rate of return. To satisfy the long-term rate-of-return objective, the Society relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). The Society targets a diversified asset allocation that places a greater emphasis on marketable equity and debt securities and money-market accounts to achieve its long-term return objectives within prudent risk constraints. X false false false false false false false false false ANNE CLEVELAND 150000 0 20294 0 0 0 4500 0 0 0 174794 0 0 0 X 18 257301 FMV PUBLICLY TRADED SECURITIES X 57 827316 IGOE COLLECTION false false true Pt I col(b) 14 publicly traded security donations. Pt I Line 32b Investment Company receives and sells non-cash securities Other FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: INSTITUATION AND THE SECOND OLDEST LIBRARY IN THE UNITED STATES. FOR MORE THAN 270 YEARS, IT HAS COLLECTED, PRESERVED AND MADE AVAILABLE CULTURAL MATERIALS FOR THE USE OF ITS MEMBERS AND RESEARCHERS AROUND THE WORLD. TODAY, IT IS A CIRCULATING LIBRARY AND A REPOSITORY OF RARE BOOKS PERIODICALS, MANUSCRIPTS, CLIPPINGS, MAPS, DIRECTORIES, ALMANACS AND VISUAL MATERIALS. Other FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: MEMBERS AND RESEARCHERS AROUND THE WORLD. TODAY, IT IS A CIRCULATING LIBRARY AND A REPOSITORY OF RARE BOOKS PERIODICALS, MANUSCRIPTS, CLIPPINGS, MAPS, DIRECTORIES, ALMANACS AND VISUAL MATERIALS. Pt V, Line 13a LIST OF STATES WITH QUALIFIED HEALTH PLANS: SC Pt VI, Line 6 THE CHARLESTON LIBRARY SOCIETY IS A MEMBERSHIP ORGANIZATION AND A MEMBERSHIP MEETING IS HELD ANNUALLY. Pt VI, Line 7a A SLATE OF OFFICERS ARE ELECTED AT THE ANNUAL MEMBERSHIP MEETING. Pt VI, Line 11b THE EXECUTIVE DIRECTOR REVIEWS THE TAX RETURN PRELIMINARILY AND THEN HAS THE FINANCE COMMITTEE REVIEW THE RETURN. THE RETURN IS DISTRIBUTED TO THE FULL BOARD BEFORE FILING. Pt VI, Line 12c THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY WITH MEMBERS ANNUALLY. Pt VI, Line 15a THE BOARD OF DIRECTORS APPOINTS A BENEFITS COMMITTEE THAT DOES A SALARY COMPARISON TO OTHER NON-PROFITS IN THE LOCAL AREA. Pt VI, Line 19 INFORMATION IS PROVIDED THROUGH GUIDESTAR AND THE ON-LINE WEBSITE. REQUEST FOR ADDITIONAL INFORMATION MAY BE SUBMITTED TO THE EXECUTIVE DIRECTOR. Pt VI, Line 15b THE BOARD OF DIRECTORS APPOINTS A BENEFITS COMMITTEE THAT DOES A SALARY COMPARISON TO OTHER NON-PROFITS IN THE LOCAL AREA. Pt VI, Line 7b USE OF ENDOWMENT FUNDS Form 990, Part IX, Line 24e MISCELLANEOUS EXPENSES 10020. 7214. 1804. 1002. Form 990, Part IX, Line 24e DEVELOPMENT 31699. 28529. 0. 3170. Form 990, Part IX, Line 24e PROFESSIONAL DEVELOPMENT 7156. 0. 7156. 0. Form 990, Part IX, Line 24e MINOR EQUIPMENT 55721. 44577. 11144. 0. Form 990, Part IX, Line 24e PERIODICALS 4853. 4853. 0. 0. Form 990, Part IX, Line 24e VIDEO 12940. 12940. 0. 0. Form 990, Part IX, Line 24e PROPERTY TAXES 7264. 0. 7264. 0. Form 990, Part IX, Line 24e NEWSLETTER 23120. 20808. 0. 2312. Form 990, Part IX, Line 24e BOOKS 12997. 12997. 0. 0.