American Trust For The British Lbry
- Assets
- $3.0m
- Revenue
- $358.1k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 08/1979
- Data as of
- 12/2021
- EIN
- 04-2673426
Organization Overview
American Trust For The British Lbry is located in New York, NY. The organization was established in 1979. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Trust For The British Lbry is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Trust For The British Lbry generated $358.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $457.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE & SUPPORT THE WORK OF ONE OF THE WORLD'S GREATEST RESEARCH LIBRARIES, THE BRITISH LIBRARY IN LONDON, UK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRITISH LIBRARY SUPPORT: GRANTS TO BRITISH LIBRARY, TRIPS, LECTURES, RARE BOOK VIEWING, NEWSLETTERS, REPRINTS OF LECTURES, ANNUAL AND EXECUTIVE COMMITTEE MEETINGS.
IN 2021 WE PROVIDED GRANTS TO SUPPORT (3) TRANSATLANTIC FELLOWS TO CONDUCT RESEARCH BOTH AT THE BRITISH LIBRARY AND AT AN AMERICAN INSTITUTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seana Anderson Executive Dir. (retired Jan. 2022) | Officer | 20 | $83,144 |
Elizabeth Berkowitz Executive Director (sept. 2021) | Officer | 40 | $21,667 |
R Dyke Benjamin Chairman & Treasurer | OfficerTrustee | 40 | $0 |
Barbara A Shailor President | OfficerTrustee | 40 | $0 |
Evalyn Lee Secretary | OfficerTrustee | 2 | $0 |
Simon Eccles Board Of Trustees | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,092 |
| Noncash contributions included in lines 1a–1f | $16,688 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,092 |
| Total Program Service Revenue | $0 |
| Investment income | $38,923 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $149,121 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $358,136 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $267,950 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,667 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,498 |
| Fees for services: Management | $65,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,188 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,829 |
| Fees for services: Other | $15,575 |
| Advertising and promotion | $0 |
| Office expenses | $20,510 |
| Information technology | $3,477 |
| Royalties | $0 |
| Occupancy | $2,417 |
| Travel | $74 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $110 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $199 |
| Insurance | $2,896 |
| All other expenses | $0 |
| Total functional expenses | $457,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $263,046 |
| Pledges and grants receivable | $1,300 |
| Accounts receivable, net | $1,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,707,561 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,973,407 |
| Accounts payable and accrued expenses | $67,706 |
| Grants payable | $0 |
| Deferred revenue | $2,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $70,206 |
| Net assets without donor restrictions | $390,001 |
| Net assets with donor restrictions | $2,513,200 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,973,407 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that American Trust For The British Lbry has recieved totaling $64,100.
| Awarding Organization | Amount |
|---|---|
Jewish Community Foundation Of Greater Phoenix Scottsdale, AZ PURPOSE: OPERATIONAL SUPPORT | $30,000 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $5,100 |
Mosaic Foundation Of R & P Heydon Ann Arbor, MI PURPOSE: SUPPORT MUSEUMS | $5,000 |
The Philip And Irene Toll Gage Foundaton Atlanta, GA PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
Holzheimer Fund Chicago, IL PURPOSE: CHARITABLE | $1,000 |
Endowment Analysis
| Beg. Balance | $2,661,546 |
| Earnings | $364,033 |
| Net Contributions | $76,300 |
| Other Expense | $279,610 |
| Ending Balance | $2,822,269 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Library Company Of Philadelphia Philadelphia, PA | $40,011,303 | $12,014,446 |
Mercantile Library Association Of The City Of New York Brooklyn, NY | $3,218,511 | $3,202,622 |
American Philatelic Research Library Bellefonte, PA | $13,852,041 | $5,947,828 |
American Trust For The British Lbry New York, NY | $2,973,407 | $358,136 |
Collectors Club Inc New York, NY | $2,171,265 | $267,720 |
Lycoming County Library System Williamsport, PA | $336,685 | $144,300 |
International Friends Of London Library Inc New York, NY | $259,430 | $225,720 |
Princeton Library In New York New York, NY | $315,721 | $0 |
American Merchant Marine Library Association Jersey City, NJ | $3,256 | $0 |