National Liberty Museum
- Assets
- $23.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 26
- Location
- Philadelphia, PA
- Founding
- 09/1995
- Data as of
- 12/2023
- EIN
- 23-2788633
Organization Overview
National Liberty Museum is located in Philadelphia, PA. The organization was established in 1995. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, National Liberty Museum employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Liberty 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 12/2023, National Liberty Museum generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL LIBERTY MUSEUM EMPOWERS VISITORS TO PROTECT AND ADVANCE LIBERTY FOR ALL.
Describe the Organization's Program Activity:
EXHIBITIONS - THROUGH ITS CHANGING EXHIBITION PROGRAM, NLM CURATES CONTEMPORARY DIALOGUES ABOUT LIBERTY AND ITS COMPLEXITY. THROUGH A RANGE OF METHODS, INCLUDING CALL-TO-ARTISTS, COLLABORATIONS AND CONCEPTUAL SHOWS, NLM INVITES ARTISTS, COMMUNITY PARTNERS AND SUBJECT EXPERTS TO EXPLORE LIBERTY IN INNOVATIVE AND CREATIVE WAYS. ARTISTS AND OTHER CONTRIBUTORS INTERACT WITH THE PUBLIC THROUGH DEMONSTRATIONS, WORKSHOPS, LECTURES, AND PANEL DISCUSSIONS.
YOUNG HEROES OUTREACH PROGRAM - THE NATIONAL LIBERTY MUSEUM'S YOUNG HEROES OUTREACH PROGRAM (YHOP) IS A YEAR-LONG CIVICS PROGRAM FOR GRADES 4-8. YHOP EXTENDS THE NLM'S MISSION INTO THE CLASSROOM AND APPLIES AN ENGAGING STUDENT-CENTERED APPROACH TO CIVIC EDUCATION. OPPORTUNITIES ARE EMBEDDED THROUGHOUT THIS PROGRAM FOR STUDENTS TO USE CRITICAL THINKING AND PRACTICE WHAT THEY HAVE LEARNED TO PROBLEM-SOLVE REAL-LIFE SOCIAL ISSUES AND BRING ABOUT TANGIBLE, POSITIVE CHANGES IN THEIR SCHOOL AND COMMUNITY. THE PROGRAM INCLUDES COMPREHENSIVE PROFESSIONAL DEVELOPMENT AND SUPPORT FOR TEACHERS, WHO WORK IN PARTNERSHIP WITH MUSEUM EDUCATORS TO IMPLEMENT THIS UNIQUE, EVIDENCE-BASED PROGRAM IN THEIR SCHOOLS.
K-12 LEARNING EXPERIENCES - NLM OFFERS A RANGE OF ENGAGING VIRTUAL AND IN-PERSON LEARNING EXPERIENCES FOR SCHOOLS. NLM'S STANDARDS-ALIGNED PROGRAMS INTRODUCE AND EXPLORE THE CONCEPT OF LIBERTY THROUGH REAL-LIFE APPLICATIONS. DRAWING INSPIRATION FROM THE MUSEUM'S GALLERIES AND CHANGING EXHIBITIONS, THESE HANDS-ON, INTERACTIVE LEARNING EXPERIENCES EXPLORE SPECIFIC THEMES, SUCH AS: HOW TO CREATE CHANGE; MEDIA LITERACY AND CITIZENSHIP; CONFLICT RESOLUTION; AND ALLYSHIP. ALL STUDENT LEARNING EXPERIENCES INCLUDE PRE- AND POST-VISIT MATERIALS FOR USE IN THE CLASSROOM AND ARE REGULARLY EVALUATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Alaine K Arnott Chief Executive Officer An | OfficerTrustee | 40 | $204,069 |
Brian Effron Board Chair | OfficerTrustee | 2 | $0 |
Michael Azeez Trustee | Trustee | 2 | $0 |
Sue Binswanger Trustee | Trustee | 2 | $0 |
Gwen Borowsky Trustee | Trustee | 40 | $33,607 |
Nigel Brown Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
C Erickson And Sons Inc Building Renovations | 12/30/23 | $164,415 |
Radar Nonprofit Solutions Accounting Services | 12/30/23 | $116,221 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $205,920 |
| Related organizations | $0 |
| Government grants | $120,803 |
| All other contributions, gifts, grants, and similar amounts not included above | $506,165 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $832,888 |
| Total Program Service Revenue | $68,260 |
| Investment income | $504,885 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,508 |
| Net Gain/Loss on Asset Sales | $59,766 |
| Net Income from Fundraising Events | -$70,930 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,084 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,406,461 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $515,597 |
| Compensation of current officers, directors, key employees. | $216,226 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $939,614 |
| Pension plan accruals and contributions | $4,312 |
| Other employee benefits | $114,805 |
| Payroll taxes | $128,844 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $61,419 |
| Fees for services: Investment Management | $88,500 |
| Fees for services: Other | $440,623 |
| Advertising and promotion | $20,754 |
| Office expenses | $224,003 |
| Information technology | $135,289 |
| Royalties | $0 |
| Occupancy | $204,609 |
| Travel | $72,315 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,450 |
| Interest | $163,884 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $404,847 |
| Insurance | $70,092 |
| All other expenses | $427,177 |
| Total functional expenses | $4,029,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $417,433 |
| Savings and temporary cash investments | $16,783 |
| Pledges and grants receivable | $1,145,352 |
| Accounts receivable, net | $4,620,365 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $250,196 |
| Prepaid expenses and deferred charges | $241,122 |
| Net Land, buildings, and equipment | $4,852,271 |
| Investments—publicly traded securities | $11,828,872 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,372,394 |
| Accounts payable and accrued expenses | $243,879 |
| 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 | $1,888,748 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,132,627 |
| Net assets without donor restrictions | $13,814,002 |
| Net assets with donor restrictions | $7,425,765 |
| 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 | $23,372,394 |