Trustees Of The Mercer Fonthill Museum is located in Doylestown, PA. The organization was established in 1975. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trustees Of The Mercer Fonthill Museum 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 12/2022, Trustees Of The Mercer Fonthill Museum generated $746.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $718.8k during the year ending 12/2022. While expenses have increased by 4.4% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE AND CONSERVATION OF THE OPERATING ASSETS OF THE FONTHILL MUSEUM OPERATION OF THE MUSEUM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Linda B Hodgdon Chairman | 1 | $0 | |
Maureen Carlton Vice Chairman | 1 | $0 | |
Gustavo Perea Vice Chairman | 0.5 | $0 | |
Thomas Hebel Treasurer | 0.5 | $0 | |
William Schutt Secretary | 0.5 | $0 | |
Peter Chiovarou Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $43,655 |
Interest on Savings | $50 |
Dividends & Interest | $0 |
Net Rental Income | $131,549 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $12,205 |
Other Income | $558,516 |
Total Revenue | $745,975 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $317,542 |
Pension plans, employee benefits | $36,468 |
Interest | $0 |
Taxes | $0 |
Depreciation | $39,923 |
Occupancy | $173,796 |
Travel, conferences, and meetings | $0 |
Printing and publications | $1,629 |
Other expenses | $134,681 |
Total operating and administrative expenses | $718,842 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $718,842 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $20,395 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $8,473 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $2,243 |
Prepaid expenses and deferred charges | $6,079 |
Net Investments - land, buildings, equipment | $742,495 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $779,685 |
Accounts payable and accrued expenses | $27,604 |
Grants payable | $0 |
Deferred revenue | $22,000 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $188,723 |
Total liabilities | $238,327 |