American Philatelic Research Library is located in Bellefonte, PA. The organization was established in 1969. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Philatelic Research Library 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, American Philatelic Research Library generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 10.5% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVATION OF PHILATELIC LITERATURE SERVES THE PUBLIC THROUGH THE LENDING AND PRESERVATION OF PHILATELIC LITERATURE; CREATION AND MAINTENANCE OF INDEXES; MAINTENANCE OF ARCHIVES AND PHILATELIC MEMORABILA; CREATION OF EXHIBITS; AND PUBLICATION OF PHILATELIC LITERATURE REVIEW.
Describe the Organization's Program Activity:
LIBRARY SERVICES-CATALOGING AND FILING OF PHILATELIC LITERATURE;LENDING AND PRESERVATION OF LITERATURE; CREATION AND MAINTENANCE OF INDEXES; MAINTENANCE OF ARCHIVES AND PHILATELIC MEMORABILIA; AND CREATION OF EXHIBITS. SERVICES ARE PROVIDED TO THE GENERAL PUBLIC AND THE 26,000 MEMBERS OF THE AMERICAN PHILATELIC SOCIETY, INCLUDING RENT PAID BY AFFILIATE
PUBLICATION-PUBLICATION OF PHILATELIC LITERATURE REVIEW,WHICH INCLUDES ARTICLES, BOOK REVIEWS AND INDEXES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melanie Rogers President | OfficerTrustee | 2 | $0 |
Thomas Bieniosek Vice President | OfficerTrustee | 1 | $0 |
Charles Epting Secretary | OfficerTrustee | 1 | $0 |
Kathryn Johnson Treasurer | OfficerTrustee | 1 | $0 |
Casey Jo White Trustee | Trustee | 1 | $0 |
Hugh Mcmackin Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Veronesi Building & Remodeling Contractor | 12/30/16 | $1,427,405 |
Jp Jay Associates Inc Shelving & Furniture | 12/30/16 | $215,701 |
West Penn Power Utilities - Electricity | 12/30/16 | $109,369 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $33,203 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $576,845 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $610,048 |
Total Program Service Revenue | $531,428 |
Investment income | $36,922 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $19,624 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,210,594 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $233,221 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,679 |
Payroll taxes | $2,424 |
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 | $0 |
Advertising and promotion | $900 |
Office expenses | $14,611 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $248,444 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $3,533 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $438,949 |
Insurance | $75,322 |
All other expenses | $33,786 |
Total functional expenses | $1,353,001 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $114,025 |
Savings and temporary cash investments | $815,574 |
Pledges and grants receivable | $38,016 |
Accounts receivable, net | $51,647 |
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 | $82,660 |
Net Land, buildings, and equipment | $10,510,993 |
Investments—publicly traded securities | $1,729,574 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $13,342,489 |
Accounts payable and accrued expenses | $30,717 |
Grants payable | $0 |
Deferred revenue | $49,434 |
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 | $80,151 |
Net assets without donor restrictions | $11,597,785 |
Net assets with donor restrictions | $1,664,553 |
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 | $13,342,489 |
Organization Name | Assets | Revenue |
---|---|---|
Library Company Of Philadelphia Philadelphia, PA | $34,094,933 | $2,432,009 |
Mercantile Library Association Of The City Of New York Brooklyn, NY | $2,596,295 | $3,244,061 |
American Philatelic Research Library Bellefonte, PA | $13,342,489 | $1,210,594 |
American Trust For The British Lbry New York, NY | $3,649,352 | $330,141 |
Collectors Club Inc New York, NY | $8,078,971 | $6,672,240 |
International Friends Of London Library Inc New York, NY | $115,818 | $288,979 |
Lycoming County Library System Williamsport, PA | $342,007 | $186,690 |
American Watchmakers Institute Educational Library And Museum Cha Harrison, OH | $451,647 | $0 |
Princeton Library In New York New York, NY | $315,721 | $0 |
American Merchant Marine Library Association Jersey City, NJ | $3,563 | $0 |