Form 990 for tax year 2022
Filed by THE ROSENBACH OF THE FREE LIBRARY OF PHILADELPHIA.
Totals
- Total revenue
- $3,894,991
- Total expenses
- $2,575,041
- Contributions and grants received
- $3,213,312
- Grants paid
- $0
- Program service revenue
- $134,347
- Investment income
- $483,911
- Other revenue
- $63,421
- Total assets, end of year
- $20,355,660
- Total liabilities, end of year
- $3,114,004
- Net assets or fund balances, end of year
- $17,241,656
- Program services expenses (Part IX)
- $1,383,200
- Management and general expenses
- $705,433
- Fundraising expenses
- $486,408
- Program service expenses (Part III)
- $1,383,200
Program services were 53.7% 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.
-
1c · Fundraising events
$160,251
-
1e · Government grants (contributions)
$93,808
-
1f · All other contributions, gifts and grants
$2,959,253
-
2a · Program service revenue: TUITION INCOME
total $83,470 · related or exempt $83,470
-
2b · Program service revenue: ADMISSIONS
total $33,290 · related or exempt $33,290
-
2c · Program service revenue: MUSEUM SHOP
total $11,948 · related or exempt $11,948
-
2f · All other program service revenue
total $5,639 · related or exempt $5,639
-
3 · Investment income
total $231,972 · excluded $231,972
-
5 · Royalties
total $65 · excluded $65
-
6a · Gross rents
real property $8,850
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $8,850
-
6d · Net rental income or loss
total $8,850 · excluded $8,850
-
7a · Gross sales of assets other than inventory
securities $543,774 · other assets $131,835
-
7b · Less cost or other basis and sales expenses
securities $423,670 · other assets $0
-
7c · Gain or loss
securities $120,104 · other assets $131,835
-
7d · Net gain or loss
total $251,939 · excluded $251,939
-
8a · Fundraising events: gross income
$79,842
-
8a · Fundraising events: contributions included on line 1c
$160,251
-
8b · Fundraising events: direct expenses
$35,979
-
8c · Net income from fundraising events
total $43,863 · excluded $43,863
-
11a · Other revenue: ADMINISTRATION
total $4,729 · excluded $4,729
-
11b · Other revenue: PHOTO & RESEARCH SERVI
total $3,570 · excluded $3,570
-
11c · Other revenue: MISCELLANEOUS REVENUE
total $2,344 · excluded $2,344
-
11e · Other revenue, total
$10,643
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $166,317 · program services $89,143 · management and general $38,353 · fundraising $38,821
-
7 · Other salaries and wages
total $1,115,879 · program services $595,793 · management and general $271,879 · fundraising $248,207
-
9 · Other employee benefits
total $156,638 · program services $86,262 · management and general $21,519 · fundraising $48,857
-
10 · Payroll taxes
total $112,092 · program services $68,201 · management and general $22,780 · fundraising $21,111
-
11c · Fees: accounting
total $63,508 · management and general $63,508
-
11f · Fees: investment management
total $22,186 · management and general $22,186
-
11g · Fees: other
total $234,742 · program services $100,247 · management and general $96,663 · fundraising $37,832
-
12 · Advertising and promotion
total $61,094 · program services $47,627 · management and general $156 · fundraising $13,311
-
13 · Office expenses
total $57,699 · program services $11,605 · management and general $18,312 · fundraising $27,782
-
14 · Information technology
total $4,266 · program services $4,266
-
16 · Occupancy
total $57,892 · program services $45,909 · management and general $4,513 · fundraising $7,470
-
17 · Travel
total $3,457 · program services $1,551 · management and general $657 · fundraising $1,249
-
19 · Conferences, conventions and meetings
total $18,188 · program services $210 · management and general $7,758 · fundraising $10,220
-
22 · Depreciation, depletion and amortization
total $97,648 · program services $88,519 · management and general $9,129
-
23 · Insurance
total $55,323 · program services $36,988 · management and general $12,312 · fundraising $6,023
-
24a · Other expenses: COLLECTIONS ACQUISITION
total $134,697 · program services $134,697
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $118,189 · program services $27,750 · management and general $90,269 · fundraising $170
-
24c · Other expenses: MEALS AND ENTERTAINMENT
total $32,568 · program services $6,699 · management and general $2,322 · fundraising $23,547
-
24d · Other expenses: MISCELLANEOUS
total $28,402 · program services $13,330 · management and general $14,440 · fundraising $632
-
24e · All other expenses
total $34,256 · program services $24,403 · management and general $8,677 · fundraising $1,176
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $8,504 · end of year $5,651
-
2 · Savings and temporary cash investments
beginning of year $1,745,399 · end of year $3,081,147
-
3 · Pledges and grants receivable
beginning of year $1,156,818 · end of year $1,096,661
-
4 · Accounts receivable
beginning of year $24,835 · end of year $200
-
8 · Inventories for sale or use
beginning of year $80,590 · end of year $79,771
-
9 · Prepaid expenses and deferred charges
beginning of year $22,057 · end of year $26,127
-
10a · Land, buildings and equipment: cost or other basis
$5,367,395
-
10b · Land, buildings and equipment: accumulated depreciation
$991,145
-
10c · Land, buildings and equipment, net
beginning of year $3,672,011 · end of year $4,376,250
-
11 · Investments: publicly traded securities
beginning of year $1,436,185 · end of year $11,689,853
-
12 · Investments: other securities
beginning of year $8,245,342
-
17 · Accounts payable and accrued expenses
beginning of year $257,545 · end of year $342,809
-
25 · Other liabilities
beginning of year $887,262 · end of year $2,771,195
-
27 · Net assets without donor restrictions
beginning of year $5,177,081 · end of year $7,327,677
-
28 · Net assets with donor restrictions
beginning of year $10,069,853 · end of year $9,913,979
Mission and programs · 2022
Mission
OPERATION OF MUSEUM AND LIBRARY IN ACCORDANCE WITH THE MISSION STATEMENT: "WE FOSTER INQUIRY, LEARNING AND CREATIVE THOUGHT BY ENGAGING AUDIENCES IN PROGRAMS, EXHIBITIONS, PROGRAMS AND RESEARCH INSPIRED BY OUR COLLECTIONS."
-
OPERATION OF A MUSEUM AND RESEARCH LIBRARY WITH RELATED EXHIBIT AND EDUCATIONAL ACTIVITIES AND MAINTENANCE OF THE BUILDING WHICH IS AN INTERGRAL PART OF THE COLLECTION.
Expenses $1,383,200 · Revenue $134,347
As filed on the 2022 return.
Listed in Part VII
-
Amy CoesAMY COES
CO-VICE CHAIR (BEGAN SEPT 2022)
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Benito Cachinero - SanchezBENITO CACHINERO - SANCHEZ
CHAIR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Lenore SteinerLENORE STEINER
CO-VICE CHAIR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Lisa WashingtonLISA WASHINGTON
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Peter D NallePETER D NALLE
TREASURER
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Amy L FinkelAMY L FINKEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charles KeatesCHARLES KEATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Cynthia H AffleckCYNTHIA H AFFLECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Daniel LevineDANIEL LEVINE
DIRECTOR (BEGAN DEC 2022)
- Total calculated
- $0
- Hours/week
- 1
-
Danthu Thi PhanDANTHU THI PHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darren WinstonDARREN WINSTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Emily CavanaghEMILY CAVANAGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gene LefevreGENE LEFEVRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Genie MurphyGENIE MURPHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jacqueline M Kraeutler EsqJACQUELINE M KRAEUTLER ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James H AverillJAMES H AVERILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jude TumaJUDE TUMA
DIRECTOR (BEGAN OCT 2022)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Karen JamesKAREN JAMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lily FerryLILY FERRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Liza SeltzerLIZA SELTZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
M Gage JohnstonM GAGE JOHNSTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melissa GreenbergMELISSA GREENBERG
DIRECTOR (BEGAN DEC 2022)
- Total calculated
- $0
- Hours/week
- 1
-
Pamela SchreiberPAMELA SCHREIBER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert DementoROBERT DEMENTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert K UrquhartROBERT K URQUHART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robin Pinder-HerndonROBIN PINDER-HERNDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Susan B MullerSUSAN B MULLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
William PetersenWILLIAM PETERSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amanda DichelloAMANDA DICHELLO
DIRECTOR (THRU OCT 2022)
- Total calculated
- $0
- Hours/week
- 1
-
Kelsey BatesKELSEY BATES
EXECUTIVE DIRECTOR
- Total calculated
- $163,499
- From this org
- $143,799
- From related orgs
- $0
- Other
- $19,700
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $143,799
- Bonus
- $0
- Other
- $0
- Deferred
- $4,290
- Nontaxable benefits
- $15,410
- Filer's total
- $163,499
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 · 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.
-
THE FREE LIBRARY OF PHILADELPHIA FOUNDATION
501(C)(3) · TO RUN OPERATIONS OF THE LIBRARY · PA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431369349311068
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