Liberty Hall Foundation is located in Union, NJ. The organization was established in 1968. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liberty Hall Foundation 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 12/2023, Liberty Hall Foundation generated $338.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $580.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING LIBERTY HALL MUSEUM, WHOSE PURPOSE IS THE ONGOING RESTORATION AND PRESERVATION OF HISTORIC HOUSE AND GROUNDS AND USE OF SAME AS A MUSEUM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joel D Siegel ESQ President | 0 | $0 | |
Robert Bob Raynolds Vice President | 0 | $0 | |
Lita Haack Secretary | 0 | $0 | |
John Kean Jr Treasurer | 0 | $0 | |
Susan Kean Cattaneo Trustee | 0 | $0 | |
Margi Dashevsky Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $7,370 |
Interest on Savings | $82,681 |
Dividends & Interest | $173,846 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $74,978 |
Capital Gain Net Income | $74,978 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $338,875 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $841 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $2,936 |
Total operating and administrative expenses | $69,899 |
Contributions, gifts, grants paid | $511,010 |
Total expenses and disbursements | $580,909 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $119,198 |
Savings and temporary cash investments | $820,556 |
Net Accounts receivable | $28,801 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $4,640 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $249,286 |
Net Land, buildings, and equipment | $16,309 |
Other assets | $1,105 |
Total assets | $10,381,339 |
Accounts payable and accrued expenses | $15,699 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $1,105 |
Total liabilities | $16,804 |