Skip to content
Nonprofiteer
← THE FREE LIBRARY OF PHILADELPHIA

Form 990 for tax year 2024

Filed by THE FREE LIBRARY OF PHILADELPHIA.

Totals

Total revenue
$12,929,829
Total expenses
$11,394,898
Contributions and grants received
$9,150,043
Grants paid
$0
Program service revenue
$190,935
Investment income
$3,581,521
Other revenue
$7,330
Total assets, end of year
$46,596,253
Total liabilities, end of year
$3,014,699
Net assets or fund balances, end of year
$43,581,554
Program services expenses (Part IX)
$6,508,794
Management and general expenses
$2,998,041
Fundraising expenses
$1,888,063
Program service expenses (Part III)
$6,508,794

Program services were 57.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $466,983

  • 1c · Fundraising events

    $491,935

  • 1e · Government grants (contributions)

    $169,381

  • 1f · All other contributions, gifts and grants

    $8,021,744

  • 1g · Noncash contributions included above

    $279,820

  • 2a · Program service revenue: LECTURE SERIES

    total $133,336 · related or exempt $133,336

  • 2b · Program service revenue: FINES & LOST BOOKS

    total $24,867 · related or exempt $24,867

  • 2c · Program service revenue: FREE LIBRARY SERVICES

    total $21,253 · related or exempt $21,253

  • 2d · Program service revenue: SALES-BOOKS & PUBLIC

    total $9,598 · related or exempt $9,598

  • 2f · All other program service revenue

    total $1,881 · related or exempt $1,881

  • 3 · Investment income

    total $1,173,316 · excluded $1,173,316

  • 5 · Royalties

    total $2,015 · excluded $2,015

  • 7a · Gross sales of assets other than inventory

    securities $18,061,867

  • 7b · Less cost or other basis and sales expenses

    securities $15,653,662

  • 7c · Gain or loss

    securities $2,408,205

  • 7d · Net gain or loss

    total $2,408,205 · excluded $2,408,205

  • 8a · Fundraising events: gross income

    $44,250

  • 8a · Fundraising events: contributions included on line 1c

    $491,935

  • 8b · Fundraising events: direct expenses

    $214,454

  • 8c · Net income from fundraising events

    total -$170,204 · excluded -$170,204

  • 11a · Other revenue: VENDED SYSTEMS

    total $105,049 · excluded $105,049

  • 11b · Other revenue: TRUSTEE FEES

    total $26,417 · excluded $26,417

  • 11d · All other revenue

    total $44,053 · excluded $44,053

  • 11e · Other revenue, total

    $175,519

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $615,208 · program services $265,409 · management and general $211,312 · fundraising $138,487

  • 7 · Other salaries and wages

    total $2,852,361 · program services $1,230,870 · management and general $978,031 · fundraising $643,460

  • 8 · Pension plan contributions

    total $78,878 · program services $33,907 · management and general $27,735 · fundraising $17,236

  • 9 · Other employee benefits

    total $286,943 · program services $123,629 · management and general $103,506 · fundraising $59,808

  • 10 · Payroll taxes

    total $301,359 · program services $129,259 · management and general $103,354 · fundraising $68,746

  • 11b · Fees: legal

    total $191,724 · program services $25,271 · management and general $166,453

  • 11c · Fees: accounting

    total $193,129 · management and general $193,129

  • 11d · Fees: lobbying

    total $44,000 · program services $44,000

  • 11e · Fees: professional fundraising services

    total $350,397 · fundraising $350,397

  • 11f · Fees: investment management

    total $107,945 · management and general $107,945

  • 11g · Fees: other

    total $2,821,087 · program services $1,857,230 · management and general $719,416 · fundraising $244,441

  • 12 · Advertising and promotion

    total $323,361 · program services $257,424 · fundraising $65,937

  • 13 · Office expenses

    total $305,160 · program services $81,929 · management and general $122,178 · fundraising $101,053

  • 14 · Information technology

    total $117,197 · program services $116,656 · fundraising $541

  • 17 · Travel

    total $54,096 · program services $19,936 · management and general $30,216 · fundraising $3,944

  • 19 · Conferences, conventions and meetings

    total $230,762 · program services $76,453 · management and general $69,652 · fundraising $84,657

  • 20 · Interest

    total $39,042 · program services $39,042

  • 22 · Depreciation, depletion and amortization

    total $3,466 · management and general $3,466

  • 23 · Insurance

    total $96,757 · program services $1,312 · management and general $92,492 · fundraising $2,953

  • 24a · Other expenses: PROGRAMS AND EXHIBITS

    total $1,357,401 · program services $1,233,874 · management and general $15,215 · fundraising $108,312

  • 24b · Other expenses: EQUIPMENT

    total $151,864 · program services $152,005 · management and general $59 · fundraising -$200

  • 24c · Other expenses: LIBRARY MATERIALS

    total $118,936 · program services $118,936

  • 24d · Other expenses: DUES & PUBLICATIONS

    total $71,693 · program services $54,583 · management and general $14,039 · fundraising $3,071

  • 24e · All other expenses

    total $682,132 · program services $647,069 · management and general $39,843 · fundraising -$4,780

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $84,775 · end of year $6,195

  • 2 · Savings and temporary cash investments

    beginning of year $3,903,306 · end of year $2,363,693

  • 3 · Pledges and grants receivable

    beginning of year $4,687,311 · end of year $6,370,314

  • 4 · Accounts receivable

    beginning of year $1,527,014 · end of year $896,129

  • 9 · Prepaid expenses and deferred charges

    beginning of year $112,452 · end of year $235,598

  • 10a · Land, buildings and equipment: cost or other basis

    $284,291

  • 10b · Land, buildings and equipment: accumulated depreciation

    $267,276

  • 10c · Land, buildings and equipment, net

    beginning of year $20,481 · end of year $17,015

  • 11 · Investments: publicly traded securities

    beginning of year $34,152,897 · end of year $35,131,974

  • 15 · Other assets

    beginning of year $2,135,267 · end of year $1,575,335

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,938,864 · end of year $1,479,551

  • 24 · Unsecured notes and loans payable

    beginning of year $500,000 · end of year $500,000

  • 25 · Other liabilities

    beginning of year $1,331,518 · end of year $1,035,148

  • 27 · Net assets without donor restrictions

    beginning of year $2,960,582 · end of year $1,937,185

  • 28 · Net assets with donor restrictions

    beginning of year $39,892,539 · end of year $41,644,369

Mission and programs · 2024

Mission

TO PROVIDE RESOURCES AND ADVOCACY TO ADVANCE THE MISSION OF THE FREE LIBRARY OF PHILADELPHIA WHILE STEWARDING AND PROMOTING OUR SPECIAL COLLECTIONS FOR THE BENEFIT OF ALL PHILADELPHIANS AND BEYOND.

  • PUBLIC PROGRAMS: TO PROVIDE SUPPORT FOR LITERACY, CULTURAL AND EDUCATIONAL PROGRAMMING ON BEHALF OF THE FREE LIBRARY OF PHILADELPHIA. EXAMPLES OF SUCH PROGRAMS INCLUDE: THE LITERACY ENRICHMENT AFTER-SCHOOL PROGRAM (LEAP), ONE BOOK ONE PHILADELPHIA, SCIENCE IN THE SUMMER, TEEN PROGRAMMING, CULINARY LITERACY, THE AUTHOR LECTURE SERIES, READ! BY 4TH, AND SUMMER READING PROGRAM.

    Expenses $4,475,033 · Revenue $169,682

  • FACILITIES RENOVATIONS: PRIMARILY TO MAKE RENOVATIONS TO THE BRANCH LIBRARIES.

    Expenses $749,606

  • COLLECTIONS AND PRESERVATION: TO ENHANCE THE LIBRARY'S PROMINENT RESEARCH COLLECTIONS, SUCH AS THE FLEISHER COLLECTION, DICKENS COLLECTION, POE COLLECTION, MEDIEVAL MANUSCRIPTS, ETC.

    Expenses $603,773 · Revenue $21,253

  • LIBRARY CAPITAL PROJECTS: TO RENOVATE AND ENHANCE THE CENTRAL BRANCH OF THE LIBRARY.

    Expenses $400,778

  • TECHNOLOGY: TO SUPPLEMENT THE LIBRARY'S TECHNOLOGICAL NEEDS SUCH AS WEBSITE DESIGN, DEVELOP INFRASTRUCTURE OF THE LIBRARY'S NETWORK, AND COMPUTER SERVICES FOR THE CHILDREN'S DEPARTMENT.

    Expenses $279,604

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • D Jeffry Benoliel

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    10

  • Jude Tuma

    FIRST VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Lynn Charytan

    SECOND VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • James Biles

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Richard A Greenawalt

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Kelly Richards

    PRESIDENT & DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Folasade A Olanipekun-Lewis

    VICE PRESIDENT & EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Cynthia Affleck

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Carol Banford

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Johanna B Baek

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Benito Cachinero-Sanchez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Renee Cardwell Hughes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Amy Coes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Jeffrey Cooper

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tobey Gordon Dichter

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Donald Generals

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Melissa Grimm

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Janet Haas MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Robert C Heim

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Charles P Keates Esq

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Susan B Muller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Peter Nalle

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Barbara Sutherland

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Karla Trotman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joe H Tucker Jr Esq

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dick Webster

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jay Weinstein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Monique Moore

    EXECUTIVE DIRECTOR

    Total calculated
    $281,191
    From this org
    $253,346
    From related orgs
    $0
    Other
    $27,845
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $253,346
    Bonus
    $0
    Other
    $0
    Deferred
    $4,284
    Nontaxable benefits
    $23,561
    Filer's total
    $281,191

  • Christine Ryder

    CHIEF FINANCIAL OFFICER

    Total calculated
    $200,435
    From this org
    $191,347
    From related orgs
    $0
    Other
    $9,088
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $191,347
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,088
    Filer's total
    $200,435

  • Shara Pollie

    SVP DEVELOPMENT

    Total calculated
    $173,844
    From this org
    $171,952
    From related orgs
    $0
    Other
    $1,892
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $171,952
    Bonus
    $0
    Other
    $0
    Deferred
    $1,640
    Nontaxable benefits
    $252
    Filer's total
    $173,844

  • James Pecora

    VP PROPERTY MANAGEMENT

    Total calculated
    $152,466
    From this org
    $151,546
    From related orgs
    $0
    Other
    $920
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $151,546
    Bonus
    $0
    Other
    $0
    Deferred
    $765
    Nontaxable benefits
    $155
    Filer's total
    $152,466

  • Jenny Bogoni

    EXECUTIVE DIRECTOR, READ BY 4TH!

    Total calculated
    $183,974
    From this org
    $152,567
    From related orgs
    $0
    Other
    $31,407
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $152,567
    Bonus
    $0
    Other
    $0
    Deferred
    $7,635
    Nontaxable benefits
    $23,772
    Filer's total
    $183,974

  • Megan McCarthy

    DIRECTOR OF ADVANCEMENT, RML

    Total calculated
    $140,185
    From this org
    $116,357
    From related orgs
    $0
    Other
    $23,828
    Hours/week
    37.5

  • Abodunrin Dairo

    CONTROLLER

    Total calculated
    $133,255
    From this org
    $124,804
    From related orgs
    $0
    Other
    $8,451
    Hours/week
    37.5

  • Quincy Gambrell

    SENIOR DIRECTOR OF STRAEGY & IMPACT

    Total calculated
    $126,554
    From this org
    $117,904
    From related orgs
    $0
    Other
    $8,650
    Hours/week
    37.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.5
Source object
202601359349304855

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.