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Nonprofiteer
← INDEPENDENCE HISTORICAL TRUST

Form 990 for tax year 2024

Filed by INDEPENDENCE HISTORICAL TRUST.

Totals

Total revenue
$3,877,231
Total expenses
$1,831,490
Contributions and grants received
$3,593,481
Grants paid
$0
Program service revenue
$223,203
Investment income
$83,987
Other revenue
-$23,440
Total assets, end of year
$8,369,201
Total liabilities, end of year
$415,355
Net assets or fund balances, end of year
$7,953,846
Program services expenses (Part IX)
$1,078,114
Management and general expenses
$268,653
Fundraising expenses
$484,723
Program service expenses (Part III)
$1,078,114

Program services were 58.9% 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

    $212,072

  • 1e · Government grants (contributions)

    $717,346

  • 1f · All other contributions, gifts and grants

    $2,664,063

  • 2a · Program service revenue: DEVELOPMENT FEE INCOME

    total $223,203 · related or exempt $223,203

  • 3 · Investment income

    total $83,987 · excluded $83,987

  • 8a · Fundraising events: gross income

    $26,000

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

    $212,072

  • 8b · Fundraising events: direct expenses

    $49,440

  • 8c · Net income from fundraising events

    total -$23,440 · excluded -$23,440

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $350,523 · program services $120,745 · management and general $63,380 · fundraising $166,398

  • 11c · Fees: accounting

    total $16,250 · management and general $16,250

  • 11d · Fees: lobbying

    total $48,000 · program services $42,201 · management and general $4,861 · fundraising $938

  • 11e · Fees: professional fundraising services

    total $45,500 · fundraising $45,500

  • 11g · Fees: other

    total $222,369 · fundraising $222,369

  • 12 · Advertising and promotion

    total $16,902 · program services $45 · management and general $15,000 · fundraising $1,857

  • 13 · Office expenses

    total $19,127 · program services $890 · management and general $13,295 · fundraising $4,942

  • 16 · Occupancy

    total $3,698 · management and general $3,698

  • 17 · Travel

    total $12,570 · management and general $6,481 · fundraising $6,089

  • 23 · Insurance

    total $9,009 · program services $463 · management and general $8,546

  • 24a · Other expenses: OUTSIDE CONTRACT SERVICES

    total $885,642 · program services $778,644 · management and general $89,685 · fundraising $17,313

  • 24b · Other expenses: PROGRAM EXPENSE

    total $151,738 · program services $125,131 · management and general $22,343 · fundraising $4,264

  • 24c · Other expenses: PRINTING

    total $23,463 · program services $2,593 · management and general $6,735 · fundraising $14,135

  • 24d · Other expenses: SUPPLIES

    total $20,791 · program services $6,973 · management and general $12,900 · fundraising $918

  • 24e · All other expenses

    total $5,908 · program services $429 · management and general $5,479

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,266,543 · end of year $5,593,989

  • 3 · Pledges and grants receivable

    beginning of year $222,167 · end of year $249,500

  • 13 · Investments: program-related

    beginning of year $2,278,332 · end of year $2,525,712

  • 17 · Accounts payable and accrued expenses

    beginning of year $36,624 · end of year $287,029

  • 25 · Other liabilities

    end of year $128,326

  • 27 · Net assets without donor restrictions

    beginning of year $915,411 · end of year $1,357,574

  • 28 · Net assets with donor restrictions

    beginning of year $4,815,007 · end of year $6,596,272

Mission and programs · 2024

Mission

TO RAISE FUNDS TO FULFILL THE MISSION OF INDEPENDENCE NATIONAL HISTORICAL PARK AND PROMOTE ITS HISTORICAL,SCIENTIFIC, EDUCATIONAL AND INTERPRETIVE ACTIVITIES.

Activities or mission (Part I)

TO RAISE FUNDS TO FULFILL THE MISSION OF INDEPENDENCE NATIONAL HISTORICAL PARK.

  • IN 2024, THE ORGANIZATION INCREASED ITS COMMUNITY ENGAGEMENT ACTIVITIES WHILE SUPPORTING MAJOR INITIATIVES IN INDEPENDENCE NATIONAL HISTORICAL PARK AND THE SURROUNDING GATEWAY COMMUNITY. DURING THAT YEAR, THE TRUST ACCOMPLISHED THE FOLLOWING PROGRAMMATIC ACTIVITIES: 1) FUNDRAISING: THIS YEAR, THE TRUST COMPLETED THE DESIGN PHASE AND BROKE GROUND FOR THE PEDESTRIAN PLAZA THAT IS PART OF THE REDESIGN FOR THE MARKET STREET ROAD DIET. THIS PROJECT WILL INCREASE MOBILITY, PROVIDE BIKE- FRIENDLY LANES, AND CREATE A PLAZA THAT HONORS THE LENAPE LEADER CHIEF TAMANEND. THE ORGANIZATION HELD A RIBBON-CUTTING FOR THE COMPLETED BENJAMIN RUSH GARDEN, WHICH IS THE NEW HOME FOR THE BICENTENNIAL BELL. THE GARDEN IS A WELCOME GREEN SPACE IN THE CITY THAT LOCALS AND VISITORS ALIKE TAKE ADVANTAGE OF. ALSO THIS YEAR, THE ORGANIZATION, WITH THE SUPPORT OF GENEROUS DONORS, SUPPORTED THE RESTORATION OF A HISTORIC GUARDHOUSE IN WASHINGTON SQUARE, WHICH WON A CONSERVATION AWARD FROM THE PRESERVATION ALLIANCE OF GREATER PHILADELPHIA. THROUGH FINANCIAL SUPPORT FROM THE COMMONWEALTH OF PENNSYLVANIA, THE ORGANIZATION WAS ABLE TO REPAIR OVER 30 LEATHER REPRODUCTION CHAIRS IN CONGRESS HALL AND PURCHASE AND INSTALL A HANDICAP ACCESSIBLE RAMP ON THE SOUTH SIDE OF INDEPENDENCE SQUARE. 2) COMMUNITY OUTREACH: WITH THE CONTINUED GOAL TO INCREASE AWARENESS OF THE NATIONAL PARK AND THE ORGANIZATION, COMMUNITY PROGRAMS REACHED OVER 6,000 AND WERE OFFERED TO ALL AGE GROUPS, AND EVEN SOME DOGS. IN 2024, THE ORGANIZATION HOSTED YOGA IN THE PARK, MOVIES ON THE MALL, AND BARK RANGER PROGRAMS. THE PROGRAMS HELP ALL PEOPLE, ALL AGES, AND EVEN SOME DOGS, CONNECTED WITH THE NATIONAL PARK ON MULTIPLE LEVELS. 3) VOLUNTEERING: SUPPORTING THE NATIONAL PARK SERVICE'S MISSION TO ENGAGE PEOPLE, THE TRUST WORKED WITH THE PARK AND PARTNERS TO HOST VOLUNTEER DAYS AT THE NATIONAL PARK. VOLUNTEERS CLEANED, WEEDED, MULCHED, AND PLANTED ACROSS THE PARK TO HELP BEAUTIFY THE NATIONAL PARK BEFORE THE BUSY SUMMER SEASON. A TOTAL OF XX VOLUNTEERS JOINED THE ORGANIZATION. 4) TWILIGHT TOURS: THE TRUST OFFERED FREE, EVENING WALKING TOURS ON THE HISTORY OF THE NATIONAL PARK. OVER 2,550 ATTENDANTS FROM 45 DIFFERENT STATES AND 55 FOREIGN COUNTRIES ATTENDED THE PROGRAM.

    Expenses $1,078,114 · Revenue $223,203

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

Listed in Part VII

  • Thomas Caramanico

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    20

  • William Marrazzo

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • Lee James Woolley

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Karen Kaufman

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Thomas G Spencer

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Flora L Becker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Edward D'Alba

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Oliver St Clair Franklin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Alan Mandeloff

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Adrian Mantini

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Thomas G Morr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Rosalind Remer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Bernard T Shields

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Jon C Sirlin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
8 November 2025
IRS schema version
2024v5.0
Source object
202533149349300138

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