Athenaeum Of Philadelphia

Organization Overview

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 06/2022, Athenaeum Of Philadelphia employed 16 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 06/2022, Athenaeum Of Philadelphia generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 1.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

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:

MUSEUM/LIBRARY BUILDING: THE BULK OF THE ATHENAEUM'S EXPENSES IN FYE 2022 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 FY2022, 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.


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Board, Officers & Key Employees

Name (title)Compensation
Edward E Scharff
President
$0
Joan Countryman
Vice-President
$0
Adele Gorrilla
Vice-President
$0
Michael Horgan
Treasurer
$0
Lynn Schwartz
Secretary
$0
David Brownlee
Director
$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$2,530,352
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,530,352
Total Program Service Revenue$389,594
Investment income $1,403,830
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $101,856
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,474,110

Peer Organizations

Organization NameAssets
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Rochester, NY
$20,237,507
Allegheny County Library Assoc
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$17,381,870
Greene County Public Library
Xenia, OH
$14,819,333
Smithtown Library
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$16,825,154
Suffolk Cooperative Library System
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$17,278,917
Buffalo & Erie County Public Library
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$12,447,216
Dolly Partons Imagination Library Of Ohio
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$15,621,989
The Free Library Of Philadelphia
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$11,662,755
Nassau Library System
Uniondale, NY
$10,599,230
Bucks County Free Library
Doylestown, PA
$10,054,772
York County Library System
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$8,298,591
Science History Institute Support Company
Philadelphia, PA
$6,352,359
Ohionet
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$8,549,248
Pennsylvania Academic Library Consortium Inc
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$8,781,687
Dauphin County Library System
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$11,078,768
Washington County Free Library
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$8,756,633
Westchester Library System
Elmsford, NY
$7,290,234
Emma S Clark Memorial Library Association
Setauket, NY
$6,020,162
Washington Research Library Consortium
Upper Marlboro, MD
$5,140,942
Loyola-Notre Dame Library Inc
Baltimore, MD
$4,226,653
Ramapo Catskill Library System
Middletown, NY
$5,057,993
Elyria Public Library
Elyria, OH
$6,758,867
Montgomery County Norristown Public Library
Norristown, PA
$11,341,722
Rogers Memorial Library Co
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$5,228,689
New City Library
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