2024-10-30T15:12:46-05:00 2023-12-31 236410283 ISDANER & COMPANY LLC ONE BALA PLAZA SUITE 502 BALA CYNWYD PA 19004 990 2023-01-01 231370444 THE LIBRARY COMPANY OF PHILADELPHIA LIBR 2155463181 1314 LOCUST STREET PHILADELPHIA PA 19107 JOHN VAN HORNE DIRECTOR 2155463181 2024-10-29 1 0 EDWARD W DORAN CPA P00841330 6106684200 2024-10-28 2023 2024-10-15 13:58:12Z JOHN VAN HORNE 1314 LOCUST STREET PHILADELPHIA PA 19107 4623073 0 X WWW.LIBRARYCOMPANY.ORG X 1731 PA INDEPENDENT RESEARCH LIBRARY FOR THE STUDY OF AMERICAN HISTORY AND CULTURE 15 15 30 0 0 0 1953114 1186853 179539 92851 286846 1063970 12510 105693 2432009 2449367 333419 310849 0 0 2188785 2337558 0 0 445919 1726306 1899481 4248510 4547888 -1816501 -2098521 34094933 34229941 293358 346925 33801575 33883016 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 3258969 310849 98295 OPERATION OF A RARE BOOK REPOSITORY AND RESEARCH LIBRARY, PRESENTING EXHIBITS, PROGRAMS AND PUBLICATIONS FOR MEMBERS AND GENERAL PUBLIC. 3258969 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 134 0 1 30 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X DAVID B ROWLAND 2155463181 1314 LOCUST STREET PHILADELPHIA PA 19107 X HOWELL ROSENBERG PRESIDENT 1.00 X X 0 0 0 JOSEPH M EVANS JR TRUSTEE 1.00 X 0 0 0 B ROBERT DEMENTO TRUSTEE 1.00 X 0 0 0 MICHELLE FLAMER TRUSTEE 1.00 X 0 0 0 JUDITH FREYER TRUSTEE 1.00 X 0 0 0 LOUISE MARSHALL KELLY TRUSTEE 1.00 X 0 0 0 DANIEL RICHTER TRUSTEE 1.00 X 0 0 0 JAMES H SCOTT TRUSTEE 1.00 X 0 0 0 THERESA R SNYDER TRUSTEE 1.00 X 0 0 0 MARIA M THOMPSON VICE PRESIDENT 1.00 X X 0 0 0 EDWARD WADDINGTON TRUSTEE 1.00 X X 0 0 0 ANN LUCAS SECRETARY 1.00 X X 0 0 0 CARLA PETERSON TRUSTEE 1.00 X 0 0 0 MICHAEL RIORDAN TREASURER 1.00 X X 0 0 0 DAVID ROWLAND TRUSTEE 1.00 X 0 0 0 PHILIPPA CAMPBELL TRUSTEE 1.00 X 0 0 0 EMMA HART TRUSTEE 1.00 X 0 0 0 NEFERTERI STRICKLAND TRUSTEE 1.00 X 0 0 0 MICHAEL BARSANTI EDWIN WOLF 2ND DIRECTOR 35.00 X 163547 0 18309 ADDIE PEYRONNIN CHIEF DEVELOPMENT OFFICER 35.00 X 105842 0 15491 269389 0 33800 2 0 1 0 0 190845 97666 202213 696129 50056 1186853 OTHER LIBRARY SERVICES 519200 92851 92851 92851 58307 58307 99954 99954 32454 0 32454 32454 32454 3100741 2095078 1005663 1005663 1005663 35370 97666 67529 -32159 -32159 16543 11099 5444 5444 2449367 98295 0 1164219 310849 310849 181857 181857 1657006 1235383 149024 272599 118701 88730 10593 19378 240640 183151 20320 37169 139354 107081 11407 20866 158031 31137 110653 16241 40300 7940 28218 4142 145 145 398132 78443 278772 40917 152392 60957 76196 15239 327892 278708 49184 38745 28284 1162 9299 435379 370072 65307 78211 31284 39106 7821 LIBRARY EXPENSES 138896 138896 BOOKS AND PERIODICALS 116348 114663 1685 STAFF DEVELOPMENT 15010 11534 1228 2248 4547888 3258969 843000 445919 192605 350539 294155 111456 18479 26213 13396059 8066805 5541867 5329254 28026601 28391253 21226 21226 34094933 34229941 293358 346925 293358 346925 X 7479089 6454650 26322486 27428366 33801575 33883016 34094933 34229941 -2098521 2179962 0 X X 0 1 X 1 0 X 1201531 2129477 1862473 1953114 1186153 8332748 1201531 2129477 1862473 1953114 1186153 8332748 1336302 6996446 628937 511491 777310 78760 90761 2087259 18462 18462 10438469 944290 0.67030 0.66160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 40300 0 0 40300 0 PART II-B, LINE 1: ORGANIZATION HAS CONTRACTED WITH ROSCOMMON INTERNATIONAL TO WORK WITH EXECUTIVE AND LEGISLATIVE LEADERS IN COMMONWEALTH OF PENNSYLVANIA AND CITY OF PHILADELPHIA TO GARNER SUPPORT FOR LCP PROGRAMS AND INITIATIVES X X X 0 26967635 3205397 2616507 27556525 32746055 45303 -3806515 2017208 26967635 29916090 548915 4112576 1831526 32746055 28870575 317410 2931616 2203510 29916090 24516758 182929 6241841 2070953 28870575 0.05380 0.94620 0 0 315013 315013 12017423 7255788 4761635 1063623 811017 252606 5329254 X 4640283 2179962 11099 2191061 2449222 145 145 2449367 4558842 11099 11099 4547743 145 145 4547888 PART III, LINE 1A: SEE EXPLANATION BELOW FOR PART III, LINE 4 PART III, LINE 4: 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. PART V, LINE 4: THE LIBRARY COMPANY'S ENDOWMENT COMPRISES FUNDS RESTRICTED BY DONORS TO SUPPORT PARTICULAR ACTIVITES (E G RESEARCH, FELLOWSHIPS, ACQUISITIONS, TECNHOLOGY, CATALOGING AND MAINTENANCE) AND UNRESTRICTED FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT THAT SUPPORT ALL ASPECTS OF THE COMPANY'S OPERATIONS. PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PURSUANT TO FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, THE COMPANY RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION. NO LIABILITY FOR UNCERTAIN TAX POSITIONS WAS RECORDED AS OF DECEMBER 31, 2023 OR 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 11,099. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 11,099. 1 0 0 0 0 0 0 0 0 0 RESEARCH STIPENDALL FELLOWSHIPS SUPPORT RESEARCH IN RESIDENCE AT THE LIBRARY COMPANY. THE REFERENCE STAFF MAINTAINS DAILY CONTACT WITH THE FELLOWS DURING THEIR FELLOWSHIP PERIOD. NORTH AMERICA 2 28500 0 0 0 0 0 0 ANNUAL DINNER 133036 97666 35370 35370 32159 133036 97666 35370 35370 32159 67529 -32159 1 FELLOWSHIP GRANTS 46 282349 PART I, LINE 2: ALL FELLOWSHIPS SUPPORT RESEARCH IN RESIDENCE AT THE LIBRARY COMPANY. THE REFERENCE STAFF MAINTAINS DAILY CONTACT WITH THE FELLOWS DURING THEIR FELLOWSHIP PERIOD. X 0 0 0 0 0 0 0 0 0 MICHAEL BARSANTI EDWIN WOLF 2ND DIRECTOR 163547 0 0 0 0 0 0 0 18309 0 181856 0 0 0 X 1 50056 STOCK MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS SHAREHOLDERS WHO ARE CHARGED UNDER THE BYLAWS WITH ELECTING THE MEMBERS OF THE BOARD AND ITS OFFICERS. AN ANNUAL MEETING IS HELD WHERE THE ELECTION TAKES PLACE. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS SHAREHOLDERS WHO ARE CHARGED UNDER THE BYLAWS WITH ELECTING THE MEMBERS OF THE BOARD AND ITS OFFICERS. AN ANNUAL MEETING IS HELD WHERE THE ELECTION TAKES PLACE. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND STAFF ACCOUNTANT REVIEW THE FORM 990 WITH THE PAID PREPARER. THE AUDIT COMMITTEE REVIEWS THE FORM AND 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 15 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 FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR IRVING STREET LLC 1314 LOCUST STREET PHILADELPHIA PA 19107 474884217 PROPERTY OWNERSHIP PA 2841915