Athenaeum Of Philadelphia is located in Philadelphia, PA. The organization was established in 1927. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2021, Athenaeum Of Philadelphia employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Athenaeum Of Philadelphia 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 06/2021, Athenaeum Of Philadelphia generated $2.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $1.4m during the year ending 06/2021. While expenses have increased by 0.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
THE ATHENAEUM OF PHILADELPHIA NURTURES CURIOSITY IN MEMBERS AND NEIGHBORS, STRENGTHENING COMMUNITY THROUGH LEARNING, DISCOURSE AND MEANINGFUL ENGAGEMENT. THE ATHENAEUM IS A HISTORIC AND VIBRANT PHILADELPHIA-CENTERED AND MEMBER-SUPPORTED CIRCULATING LIBRARY, RESEARCH ARCHIVE AND CULTURAL FORUM DEDICATED TO HARNESSING OUR RESOURCES - OUR EXPERT STAFF, OUR COLLECTIONS OF BOOKS, ART AND ARCHITECTURE TREASURES AND OUR NATIONAL HISTORIC LANDMARK BUILDING - TO STRENGTHEN OUR GROWING COMMUNITY THROUGH IDEAS, CULTURAL ENGAGEMENT AND FELLOWSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM/LIBRARY BUILDING: THE BULK OF THE ATHENAEUM'S EXPENSES IN FYE 2021 WERE USED 1) TO MAINTAIN AND TO OPERATE THE ATHENAEUM'S 1847 HISTORIC LANDMARK BUILDING AND 2) TO PAY THE SALARIES AND BENEFITS OF THE STAFF NEEDED TO MAINTAIN ITS BOOK AND FINE ARTS COLLECTIONS AND TO PROVIDE SERVICES TO ITS MEMBERS.
LIBRARY SERVICES: THE ATHENAEUM MAINTAINS BOTH LENDING AND RARE BOOK AND ARCHIVAL COLLECTIONS. RESEARCH IN THE RARE BOOK AND ARCHIVAL COLLECTIONS IS FREE AND OPEN TO THE PUBLIC BY APPOINTMENT. THE AMERICAN ARCHITECTS AND BUILDING DATABASE AND THE GEOHISTORY DATABASE OF ATLASES AND MAPS DEVELOPED BY THE ATHENAEUM IN COLLABORATION WITH OTHER PHILADELPHIA-AREA SPECIAL COLLECTIONS ARE WIDELY USED ONSITE AND REMOTELY. IN THE FY2021, THE ATHENAEUM HOSTED MORE THAN 100 VIRTUAL PROGRAMS FOR MEMBERS AND THE GENERAL PUBLIC ON TOPICS WHICH INCLUDED US/PHILADELPHIA HISTORY, ARCHITECTURAL DESIGN AND PRESERVATION, ENVIRONMENT/ECOLOGY, LOCAL CULTURAL INSTITUTIONS, AUTHOR TALKS, AND EXPLORATIONS OF THE ATHENAEUM COLLECTIONS. THE ATHENAEUM ALSO HOSTED VIRTUAL MONTHLY BOOK CLUBS AND CONVERSATION GROUPS THAT WERE OPEN TO MEMBERS AND THE PUBLIC; AN IN PERSON AND LIVESTREAMED CHAMBER MUSIC CONCERT SERIES; AN OPEN HOUSE; AND TWO EXHIBITIONS THAT FOCUSED ON CONTEMPORARY LOCAL WOMEN ARTISTS.
PUBLIC RESEARCH SUPPORT: THE ATHENAEUM REACHES OUT TO THE BROADER COMMUNITY NOT ONLY THROUGH ITS WEB-BASED ACTIVITIES AND IN PERSON RESEARCH SERVICES, BUT BY HOSTING LOCAL HIGH SCHOOL AND COLLEGE STUDENT CLASSES AND BY SUPPORTING SCHOLARSHIP IN AMERICAN ARCHITECTURE AND ENGINEERING THROUGH THE AWARDING OF THE PETERSON INTERNSHIPS AND FELLOWSHIPS, THE CHARLES E. PETERSON PRIZES IN CONJUNCTION WITH THE HISTORIC AMERICAN BUILDINGS AND HISTORIC AMERICAN ENGINEERING SURVEYS OF THE NATIONAL PARK SERVICE, A RESEARCH FELLOWSHIP AWARDED FOR THE BUILDINGS IN AMERICA PROJECT OF THE AMERICAN INSTITUTE OF ARCHITECTS, AND TRAVEL GRANTS IN CONJUNCTION WITH THE CHARLES E. PETERSON PRIZES.
MUSEUM/LIBRARY BUILDING: THE BULK OF THE ATHENAEUM'S EXPENSES IN FYE 2021 WERE USED 1) TO MAINTAIN AND TO OPERATE THE ATHENAEUM'S 1847 HISTORIC LANDMARK BUILDING AND 2) TO PAY THE SALARIES AND BENEFITS OF THE STAFF NEEDED TO MAINTAIN ITS BOOK AND FINE ARTS COLLECTIONS AND TO PROVIDE SERVICES TO ITS MEMBERS.
LIBRARY SERVICES: THE ATHENAEUM MAINTAINS BOTH LENDING AND RARE BOOK AND ARCHIVAL COLLECTIONS. RESEARCH IN THE RARE BOOK AND ARCHIVAL COLLECTIONS IS FREE AND OPEN TO THE PUBLIC BY APPOINTMENT. THE AMERICAN ARCHITECTS AND BUILDING DATABASE AND THE GEOHISTORY DATABASE OF ATLASES AND MAPS DEVELOPED BY THE ATHENAEUM IN COLLABORATION WITH OTHER PHILADELPHIA-AREA SPECIAL COLLECTIONS ARE WIDELY USED ONSITE AND REMOTELY. IN THE FY2021, THE ATHENAEUM HOSTED MORE THAN 100 VIRTUAL PROGRAMS FOR MEMBERS AND THE GENERAL PUBLIC ON TOPICS WHICH INCLUDED US/PHILADELPHIA HISTORY, ARCHITECTURAL DESIGN AND PRESERVATION, ENVIRONMENT/ECOLOGY, LOCAL CULTURAL INSTITUTIONS, AUTHOR TALKS, AND EXPLORATIONS OF THE ATHENAEUM COLLECTIONS. THE ATHENAEUM ALSO HOSTED VIRTUAL MONTHLY BOOK CLUBS AND CONVERSATION GROUPS THAT WERE OPEN TO MEMBERS AND THE PUBLIC; AN IN PERSON AND LIVESTREAMED CHAMBER MUSIC CONCERT SERIES; AN OPEN HOUSE; AND TWO EXHIBITIONS THAT FOCUSED ON CONTEMPORARY LOCAL WOMEN ARTISTS.
PUBLIC RESEARCH SUPPORT: THE ATHENAEUM REACHES OUT TO THE BROADER COMMUNITY NOT ONLY THROUGH ITS WEB-BASED ACTIVITIES AND IN PERSON RESEARCH SERVICES, BUT BY HOSTING LOCAL HIGH SCHOOL AND COLLEGE STUDENT CLASSES AND BY SUPPORTING SCHOLARSHIP IN AMERICAN ARCHITECTURE AND ENGINEERING THROUGH THE AWARDING OF THE PETERSON INTERNSHIPS AND FELLOWSHIPS, THE CHARLES E. PETERSON PRIZES IN CONJUNCTION WITH THE HISTORIC AMERICAN BUILDINGS AND HISTORIC AMERICAN ENGINEERING SURVEYS OF THE NATIONAL PARK SERVICE, A RESEARCH FELLOWSHIP AWARDED FOR THE BUILDINGS IN AMERICA PROJECT OF THE AMERICAN INSTITUTE OF ARCHITECTS, AND TRAVEL GRANTS IN CONJUNCTION WITH THE CHARLES E. PETERSON PRIZES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Beth Hessel Executive Director | Officer | 40 | $149,581 |
Joan Countryman Vice-President | OfficerTrustee | 1 | $0 |
Edward E Scharff President | OfficerTrustee | 3 | $0 |
Donald H Roberts Jr Treasurer | OfficerTrustee | 2 | $0 |
Lynn Schwartz Secretary | OfficerTrustee | 0.5 | $0 |
David B Rowland Director | Trustee | 0.3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $206,300 |
All other contributions, gifts, grants, and similar amounts not included above | $909,584 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,115,884 |
Total Program Service Revenue | $344,780 |
Investment income | $1,108,821 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $116,636 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,703,346 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $37,125 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $162,298 |
Compensation of current officers, directors, key employees. | $40,575 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $433,849 |
Pension plan accruals and contributions | $31,539 |
Other employee benefits | $102,361 |
Payroll taxes | $44,536 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,715 |
Fees for services: Accounting | $34,986 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $96,300 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $132,188 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $105,966 |
Insurance | $40,023 |
All other expenses | $14,755 |
Total functional expenses | $1,375,611 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $361,245 |
Savings and temporary cash investments | $1,140,130 |
Pledges and grants receivable | $188,732 |
Accounts receivable, net | $14,912 |
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 | $19,294 |
Net Land, buildings, and equipment | $973,874 |
Investments—publicly traded securities | $17,278,950 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,701,355 |
Total assets | $27,678,492 |
Accounts payable and accrued expenses | $158,497 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $158,497 |
Net assets without donor restrictions | $6,709,248 |
Net assets with donor restrictions | $20,810,747 |
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 | $27,678,492 |
Over the last fiscal year, we have identified 4 grants that Athenaeum Of Philadelphia has recieved totaling $10,710.
Awarding Organization | Amount |
---|---|
Marjorie And Irwin Nat Pincus Fund Philadelphia, PA PURPOSE: GENERAL FUND | $5,000 |
Andrew B Young Foundation Malvern, PA PURPOSE: GRANT TO ANOTHER 501(C)(3) ORGANIZAT | $5,000 |
Glazer Family Foundation Declaratio Tr 12072000 Philadelphia, PA PURPOSE: ARTS | $710 |
Philadelphia Fountain Society Philadelphia, PA PURPOSE: ASSIST MISSION | $0 |
Beg. Balance | $13,718,418 |
Earnings | $3,365,602 |
Net Contributions | $369,854 |
Other Expense | $500,636 |
Ending Balance | $16,953,238 |
Organization Name | Assets | Revenue |
---|---|---|
Suffolk Cooperative Library System Bellport, NY | $18,374,423 | $17,112,722 |
Reuben Mcmillan Free Library Association Youngstown, OH | $89,698,038 | $21,065,303 |
Smithtown Library Nesconset, NY | $38,994,883 | $15,642,317 |
Allegheny County Library Assoc Pittsburgh, PA | $1,615,297 | $12,970,956 |
Greene County Public Library Xenia, OH | $9,776,484 | $13,108,130 |
Buffalo & Erie County Public Library Buffalo, NY | $4,920,940 | $11,835,935 |
The Free Library Of Philadelphia Philadelphia, PA | $55,485,474 | $14,690,366 |
Elyria Public Library Elyria, OH | $12,392,667 | $6,063,469 |
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |
Bucks County Free Library Doylestown, PA | $22,091,549 | $9,285,989 |
Science History Institute Support Company Philadelphia, PA | $170,290,036 | $11,212,295 |
Ohionet Westerville, OH | $9,473,014 | $8,653,205 |