Pennsylvania Academic Library Consortium Inc
- Assets
- $4.0m
- Revenue
- $6.7m
- Investments
- $454.5k
- Employees
- 4
- Location
- Drexel Hill, PA
- Founding
- 04/2000
- Data as of
- 06/2022
- EIN
- 23-2980843
Organization Overview
Pennsylvania Academic Library Consortium Inc is located in Drexel Hill, PA. The organization was established in 2000. 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, Pennsylvania Academic Library Consortium Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Academic Library Consortium Inc 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, Pennsylvania Academic Library Consortium Inc generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $6.5m during the year ending 06/2022. While expenses have increased by 12.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT EDUCATION AND RESEARCH AT COLLEGE, UNIVERSITY, AND RESEARCH LIBRARIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTER RESOURCE SHARING SYSTEMS AND PROGRAMS TO SUPPORT EDUCATION AND RESEARCH THROUGH THE COLLABORATIVE EFFORTS OF THE ACADEMIC AND RESEARCH LIBRARIES IN PALCI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jillian E Morris Executive Director | Officer | 40 | $121,200 |
Anne Krakow President (from Jan. 2022) | OfficerTrustee | 1 | $0 |
Sara B Baron Secretary | OfficerTrustee | 1 | $0 |
Kornelia Tancheva Director At-Large (from Jan. 2022) | Trustee | 1 | $0 |
Karen Diaz Director At-Large (until Dec. 2021) | Trustee | 1 | $0 |
Scott Anderson Treasurer (until Dec. 2021) | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $545,898 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $545,898 |
| Total Program Service Revenue | $6,122,742 |
| Investment income | $901 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,669,541 |
| 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. | $143,368 |
| Compensation of current officers, directors, key employees. | $14,337 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $172,046 |
| Pension plan accruals and contributions | $18,067 |
| Other employee benefits | $21,838 |
| Payroll taxes | $23,716 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,004 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,244 |
| Advertising and promotion | $0 |
| Office expenses | $1,900 |
| Information technology | $21,673 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,951 |
| 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 | $0 |
| Insurance | $3,036 |
| All other expenses | $2,542 |
| Total functional expenses | $6,473,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,036,837 |
| Savings and temporary cash investments | $516,041 |
| Pledges and grants receivable | $236,425 |
| Accounts receivable, net | $33,761 |
| 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 | $1,687,239 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $454,516 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,964,819 |
| Accounts payable and accrued expenses | $187,818 |
| Grants payable | $0 |
| Deferred revenue | $2,464,337 |
| 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 | $2,652,155 |
| Net assets without donor restrictions | $1,312,664 |
| Net assets with donor restrictions | $0 |
| 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 | $3,964,819 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pennsylvania Academic Library Consortium Inc has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Digital Public Library Of America Boston, MA PURPOSE: THE DPLA HUBS MODEL IS ESTABLISHING A NATIONAL NETWORK OUT OF THE FORTY STATE/REGIONAL DIGITAL LIBRARIES AND MYRIAD LARGE DIGITAL LIBRARIES IN THE U.S., BRINGING TOGETHER DIGITALIZED AND BORN-DIGITAL CONTENT FROM ACROSS THE COUNTRY INTO A SINGLE ACCESS POINT FOR END USERS, AND AN OPEN PLATFORM FOR DEVELOPERS. THE MODEL SUPPORTS OT ESTABLISHES LOCAL COLLABORATIONS, PROFESSIONAL NETWORKS, METADATA GLOBALIZATION, AND LONG-TERM SUSTAINABILITY. | $60,000 |
Peer Organizations
| 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 |