2013-07-22T14:30:41-05:00 2012-12-31 231406493 MORISON COGEN LLP 150 MONUMENT RD - SUITE 500 BALA CYNWYD PA 19004 990 2012-01-01 231370444 THE LIBRARY COMPANY OF PHILADELPHIA LIBR 2155463181 1314 LOCUST STREET PHILADELPHIA PA 19107 JOHN C VAN HORNE 2155463181 2013-06-27 1 JOSEPH M KISTNER CPA P00157086 2674403000 2012 2016-02-24 21:20:13Z 1314 LOCUST STREET PHILADELPHIA PA 19107 9954494 0 X WWW.LIBRARYCOMPANY.ORG X 1731 PA INDEPENDENT RESEARCH LIBRARY FOR THE STUDY OF AMERICAN HISTORY AND CULTURE. 18 18 30 3 0 0 4614648 1343881 251242 224498 1392896 1717014 0 0 6258786 3285393 128620 209100 0 0 1400294 1405286 0 0 227892 1436629 1270260 2965543 2884646 3293243 400747 34163557 35737965 264378 54676 33899179 35683289 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. 0 0 2259916 209100 224498 OPERATION OF A RARE BOOK REPOSITORY AND RESEARCH LIBRARY, PRESENTING EXHIBITS, PROGRAMS AND PUBLICATIONS FOR MEMBERS AND GENERAL PUBLIC 2259916 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 83 0 1 30 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X THE LIBRARY COMPANY 2155463181 1314 LOCUST STREET PHILADELPHIA PA 19107 B ROBERT DEMENTO 5.00 X X 0 0 0 HOWELL K ROSENBERG 3.00 X X 0 0 0 ROBERT J CHRISTIAN 3.00 X X 0 0 0 HELEN S WEARY 3.00 X X 0 0 0 HARRY S CHERKEN JR 3.00 X 0 0 0 NICHOLAS D CONSTAN JR 1.00 X 0 0 0 MAUDE DE SCHAUENSEE 1.00 X 0 0 0 DAVIDA T DEUTSCH 1.00 X 0 0 0 AUTUMN ADKINS GRAVES 1.00 X 0 0 0 CHARLES B LANDRETH 3.00 X 0 0 0 RICHARD WOOD SNOWDEN 1.00 X 0 0 0 STEPHEN P MULLIN 1.00 X 0 0 0 MARTHA HAMILTON MORRIS 1.00 X 0 0 0 PETER STALLYBRASS 1.00 X 0 0 0 JOHN F MEIGS 1.00 X 0 0 0 JOHN C TUTEN 1.00 X 0 0 0 IGNATIUS C WANG 3.00 X 0 0 0 CLARENCE WOLF 3.00 X 0 0 0 PETER A BENOLIEL 1.00 X 0 0 0 WILLIAM H HELFAND 1.00 X 0 0 0 ROGER S HILLAS 1.00 X 0 0 0 ELIZABETH P MCLEAN 1.00 X 0 0 0 DAVID W MAXEY 1.00 X 0 0 0 SUSAN O MONTGOMERY 1.00 X 0 0 0 CHARLES E ROSENBERG 1.00 X 0 0 0 WILLIAM H SCHEIDE 1.00 X 0 0 0 SEYMOUR I TOLL 1.00 X 0 0 0 MICHAEL ZINMAN 1.00 X 0 0 0 BEATRICE WB GARVAN 1.00 X 0 0 0 GORDON M MARSHALL 1.00 X 0 0 0 CAROL E SOLTIS 1.00 X 0 0 0 LOIS G BRODSKY 1.00 X 0 0 0 JOHN C VAN HORNE 35.00 X 149919 0 18249 149919 0 18249 1 0 1 0 LIMBACH COMPANY LLC 175 TITUS AVE WARRINGTON PA 18976 BOILER REPLACEMENT AND BUILDING MAINTENA 384772 1 96693 480606 766582 129667 1343881 OTHER LIBRARY SERVICES 519100 224498 224498 224498 681473 681473 7704642 6669101 1035541 1035541 1035541 3285393 224498 0 1717014 209100 209100 168168 130214 10471 27483 979121 758142 60967 160012 74417 56217 4178 14022 94668 80446 6787 7435 88912 69192 5377 14343 1683 1683 33512 30161 3351 188224 188224 161899 145016 16108 775 14414 13756 658 48353 46643 1396 314 173504 156154 17350 38691 34822 3869 UTILITIES 194057 145709 48348 BOOKS AND PERIODICALS 86800 86800 MAINTENANCE 80256 60192 20064 PROGRAM HONORARIA 64150 64150 184717 173202 8007 3508 2884646 2259916 396838 227892 348726 127311 53150 63895 0 247515 14890 53761 8185295 1320843 6776347 6864452 26970444 28381031 34163557 35737965 248663 54676 15715 0 264378 54676 X 9822008 10016916 2376536 2282913 21700635 23383460 33899179 35683289 34163557 35737965 400747 1383363 0 X X 0 1 X 1 0 X 870696 4050681 1243116 4614648 1343881 12123022 870696 4050681 1243116 4614648 1343881 12123022 3320742 8802280 383310 666663 666441 781925 681473 3179812 15302834 1170872 0.57520 0.56080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 1 15715 15715 0 1 X 21700635 145743 2507901 970819 23383460 21840696 587960 265097 993118 21700635 20284571 30000 2299007 772882 21840696 14821468 3037637 2860088 434622 20284571 19195403 329913 -4708848 5000 14821468 1.00000 0 0 7749865 1013817 6736048 435430 307026 128404 6864452 X 4668756 1383363 1383363 3285393 0 3285393 2884646 0 2884646 0 2884646 PART IV, LINE 2B: THE LIBRARY COMPANY OCCASIONALLY SERVES AS THE FISCAL AGENT FOR OTHER ENTITIES TO FACILITATE THE ADMINISTRATION OF GRANTS. IN 2011 THIS ENTITY WAS THE SOCIETY FOR HISTORIANS OF THE EARLY AMERICAN REPUBLIC. THIS ARRANGEMENT WAS DISCONTINUED IN 2012. GRANTS AND OTHER CONTRIBUTIONS TO THE LIBRARY COMPANY FOR THE BENEFIT OF THIS ENTITY HAVE NOT BEEN REFLECTED IN THE LIBRARY COMPANY'S STATEMENT OF ACTIVITIES AS REVENUE AND EXPENSE AS LIBRARY COMPANY SOLELY ACTS AS AN INTERMEDIARY FOR THE FUNDS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE LIBRARY COMPANY'S ENDOWMENT COMPRISES FUNDS RESTRICTED BY DONORS TO SUPPORT PARTICULAR ACTIVITIES (E.G., RESEARCH, FELLOWSHIPS, ACQUISITIONS, TECHNOLOGY, CATALOGING, AND MAINTENANCE) AND UNRESTRICTED FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT THAT SUPPORT ALL ASPECTS FO THE COMPANY'S OPERATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION FOLLOWS FASB ASU NO. 2009-06, INCOME TAXES (TOPIC 740): IMPLEMENTATION GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND DISCLOSURE AMENDMENTS FOR NONPUBLIC ENTITIES TAXES. FASB ASC 740 PRESCRIBES GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. TAX POSITIONS MUST MEET A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD. THERE WERE NO TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT YEAR. TAX YEARS FROM 2008 THROUGH 2011 REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS. PART III: 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. 1 FELLOWSHIP GRANTS 43 209100 ALL FELLOWSHIPS SUPPORT RESEARCH IN RESIDENCE AT THE LIBRARY COMPANY; THE REFERENCE STAFF MAINTAINS DAILY CONTACT WITH THE FELLOWS DURING THEIR FELLOWSHIP PERIOD. X X X 0 0 0 0 0 0 0 0 0 JOHN C VAN HORNE 149919 0 0 0 0 0 0 0 18249 0 168168 0 0 0 X 0 X 13 129667 FAIR MARKET VALUE 12 0 0 0 NON REPORTING OF REVENUE: PART I, LINE 33: BECAUSE THE VALUES OF THE EXISTING PERMANENT COLLECTIONS ARE NOT READILY DETERMINABLE, THE LIBRARY COMPANY HAS NOT CAPITALIZED THEM, NOR DOES IT ASCERTAIN THE MONETARY VALUE OF GIFTS-IN-KIND FOR THE PERMANENT COLLECTIONS. FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR, TREASURER, AND STAFF ACCOUNTANT REVIEW THE FORM 990 WITH THE PAID PREPARER. THE FINANCE COMMITTEE 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 15A 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. FINANCIAL STATEMENTS AND REPORTING FORM 990 , PART XII, LINE 2C THE FINANCE COMMITTEE PROVIDES OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT.