Nonprofit · EIN 23-1370444
LIBRARY COMPANY OF PHILADELPHIA
Tax-exempt · PHILADELPHIA, PA 19107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,846,975 | $4,078,187 | $768,788 | $37,670,076 | $142,911 | $37,527,165 |
| December 31, 2023 | 990 | $2,449,367 | $4,547,888 | -$2,098,521 | $34,229,941 | $346,925 | $33,883,016 |
| December 31, 2022 | 990 | $2,432,009 | $4,248,510 | -$1,816,501 | $34,094,933 | $293,358 | $33,801,575 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,264,533
- of which government grants
- $424,379
- Membership dues
- $353,577
- Program service revenue
- $127,792
- Investment income
- $313,874
- Royalties
- $64,439
- Net rental income
- $35,623
- Net gain from sales of assets
- $219,710
- Net income from fundraising events
- -$10,590
- Net income from sales of inventory
- $6,718
- Other revenue
- $140,776
Expenses
- Grants and similar amounts paid
- $284,700
- Compensation of officers, directors and key employees
- $74,404
- Other salaries and wages
- $1,371,345
- Salaries, compensation and benefits (total)
- $1,831,490
- Professional fundraising fees
- $0
- Legal fees
- $15,008
- Accounting fees
- $120,939
- Occupancy
- $349,569
- Travel
- $58,478
- Depreciation
- $444,342
- Program services (functional)
- $3,157,992
- Management and general (functional)
- $714,182
- Fundraising (functional)
- $206,013
Balance sheet and other
- Total assets, start of year
- $34,229,941
- Total assets, end of year
- $37,670,076
- Total liabilities, end of year
- $142,911
- Net assets, end of year
- $37,527,165
- Land, buildings and equipment
- $4,937,152
- Publicly traded securities
- $29,719,611
- Net assets without donor restrictions
- $7,561,135
- Net assets with donor restrictions
- $29,966,030
- Gross receipts
- $8,208,898
- Employees
- 33
- Volunteers
- 0
- Year formed
- 1731
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL BARSANTI | EDWIN WOLF 2ND DIR UNTIL 1/2024 Officer | 35 | $63,468 | $10,936 |
| JOHN VAN HORNE | EDWIN WOLF 2ND DIR FROM 2/2024 Officer | 35 | $0 | $0 |
| J MICHAEL RIORDAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MARIA THOMPSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DAVID ROWLAND | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ANN LUCAS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PHILIPPA CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HARRY S CHERKEN JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAUDE DE SCHAUENSEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STACY M DUTTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHELLE FLAMER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUDITH FREYER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMMA HART | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LOUISE MARSHALL KELLY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JESSICA LINKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLA PETERSON | TRUSTEE Trustee or director | 1 | $0 |
| JAMES H SCOTT | TRUSTEE Trustee or director | 1 | $0 |
| THERESA R SNYDER | TRUSTEE Trustee or director | 1 | $0 |
| NEFERTERI STRICKLAND | TRUSTEE Trustee or director | 1 | $0 |
| ARON D WAHRMAN | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL BARSANTI | EDWIN WOLF 2ND DIRECTOR Key employee | 35 | $163,547 | $18,309 |
| ADDIE PEYRONNIN | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 35 | $105,842 | $15,491 |
| HOWELL ROSENBERG | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOSEPH M EVANS JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| B ROBERT DEMENTO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHELLE FLAMER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUDITH FREYER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LOUISE MARSHALL KELLY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DANIEL RICHTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES H SCOTT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THERESA R SNYDER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARIA M THOMPSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| EDWARD WADDINGTON | TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| ANN LUCAS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CARLA PETERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL RIORDAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DAVID ROWLAND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PHILIPPA CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMMA HART | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NEFERTERI STRICKLAND | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2022: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL BARSANTI | EDWIN WOLF 2ND DIRECTOR Key employee | 35 | $174,272 | $18,064 |
| RAECHEL HAMMER | CHIEF DEVELOPMENT OFFICER Officer | 35 | $128,813 | $15,457 |
| HOWELL ROSENBERG | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOSEPH M EVANS JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| B ROBERT DEMENTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHELLE FLAMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDITH FREYER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LOUISE MARSHALL KELLY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL RICHTER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JAMES H SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THERESA R SNYDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARIA M THOMPSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| EDWARD WADDINGTON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ANN LUCAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARLA PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL RIORDAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID ROWLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILIPPA CAMPBELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EMMA HART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NEFERTERI STRICKLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1314 LOCUST ST, PHILADELPHIA, PA 19107-5679
- In care of
- % LARRY MUNGIN
- Principal officer (990 for 2024)
- JOHN VAN HORNE, 1314 LOCUST STREET, PHILADELPHIA, PA 19107
- Signed the 990
- JOHN VAN HORNE, DIRECTOR
- Phone
- (215) 546-3181
- Website
- WWW.LIBRARYCOMPANY.ORG
- Return prepared by
- ISDANER & COMPANY LLC
Mission
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.
Program accomplishments
- OPERATION OF A RARE BOOK REPOSITORY AND RESEARCH LIBRARY, PRESENTING EXHIBITS, PROGRAMS AND PUBLICATIONS FOR MEMBERS AND GENERAL PUBLIC.Expenses $3,157,992 · grants $284,700 · revenue $127,792
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-1370444
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1934
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B76Z)
- Assets (IRS master file)
- $37,670,076
- Income (IRS master file)
- $8,208,898
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,846,975 | $4,078,187 | $37,670,076 | XML |
| 990 | December 2023 | $2,449,367 | $4,547,888 | $34,229,941 | XML |
| 990 | December 2022 | $2,432,009 | $4,248,510 | $34,094,933 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-1370444).
Questions about LIBRARY COMPANY OF PHILADELPHIA
- What is the EIN of LIBRARY COMPANY OF PHILADELPHIA?
- The employer identification number (EIN) of LIBRARY COMPANY OF PHILADELPHIA is 23-1370444.
- Is LIBRARY COMPANY OF PHILADELPHIA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1934.
- Are donations to LIBRARY COMPANY OF PHILADELPHIA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIBRARY COMPANY OF PHILADELPHIA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LIBRARY COMPANY OF PHILADELPHIA due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIBRARY COMPANY OF PHILADELPHIA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LIBRARY COMPANY OF PHILADELPHIA?
- The 990 for the year ended December 31, 2024 names JOHN VAN HORNE.
- Who are the officers and directors of LIBRARY COMPANY OF PHILADELPHIA?
- The 990 for the year ended December 31, 2024 lists 20 people; 1 received compensation from the organization, the highest $63,468 (MICHAEL BARSANTI, EDWIN WOLF 2ND DIR UNTIL 1/2024).
- How much revenue does LIBRARY COMPANY OF PHILADELPHIA have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,846,975, expenses of $4,078,187 and total assets of $37,670,076 at year end.
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