Philadelphia Society For The Preservation Of Landmarks
- Assets
- $4.5m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 8
- Location
- Philadelphia, PA
- Founding
- 05/1932
- Data as of
- 09/2021
- EIN
- 23-6253966
Organization Overview
Philadelphia Society For The Preservation Of Landmarks is located in Philadelphia, PA. The organization was established in 1932. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Philadelphia Society For The Preservation Of Landmarks employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Society For The Preservation Of Landmarks 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 09/2021, Philadelphia Society For The Preservation Of Landmarks generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $800.7k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 7 years. 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 MISSION OF THE PHILADELPHIA SOCIETY FOR THE PRESERVATION OF LANDMARKS IS TO INSPIRE PEOPLE TO ENGAGE WITH HISTORY BY PROTECTING ITS UNIQUE HISTORICAL SITES AND BY PROVIDING RELATED HISTORICAL, CULTURAL AND EDUCATIONAL PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION, EXHIBITIONS, JOINT PROGRAMING, RE-BRANDING, CAPITAL IMPROVEMENTS AND COMMUNITY RELATIONS.
TRAVEL, LODGING AND ADMISSION AND OTHER PROGRAM COSTS INCURRED IN CONNECTION WITH LANDMARK'S ROAD SCHOLAR PROGRAM. LANDMARK'S ROAD SCHOLAR IS THE PHILADELPHIA SPONSOR OF THE INTERNATIONAL ROAD SCHOLAR PROGRAM AND SEEKS TO BRING OVER 200 VISITORS TO THE PHILADELPHIA AREA EVERY YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Montanaro Chairman | OfficerTrustee | 2 | $0 |
John Ventura Vice Chair | OfficerTrustee | 2 | $0 |
Timothy M Alles Treasurer | OfficerTrustee | 2 | $0 |
Dawn M Tancredi ESQ Secretary | OfficerTrustee | 2 | $0 |
Charles P Keates ESQ Chair Emeritus | OfficerTrustee | 2 | $0 |
Jonathan Bitting At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $356,132 |
| Investment income | $33,429 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $357,935 |
| Net Gain/Loss on Asset Sales | $60,678 |
| Net Income from Fundraising Events | $56,972 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,110,082 |
| Statement of Expenses | |
|---|---|
| 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. | $80,225 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,259 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,200 |
| Payroll taxes | $16,827 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $101,370 |
| Advertising and promotion | $0 |
| Office expenses | $5,852 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,787 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $358 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $91,837 |
| Insurance | $48,486 |
| All other expenses | $0 |
| Total functional expenses | $800,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,022,327 |
| Savings and temporary cash investments | $73,245 |
| Pledges and grants receivable | $3,563 |
| Accounts receivable, net | $29,003 |
| 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 | $22,621 |
| Investments—publicly traded securities | $1,088,340 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,539,247 |
| Accounts payable and accrued expenses | $113,744 |
| Grants payable | $0 |
| Deferred revenue | $72,738 |
| 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 | $92,601 |
| Other liabilities | $124,655 |
| Total liabilities | $403,738 |
| Net assets without donor restrictions | $2,900,898 |
| Net assets with donor restrictions | $1,234,611 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $4,135,509 |