Industrial Archives & Library is located in Bethlehem, PA. The organization was established in 2015. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Industrial Archives & 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 12/2020, Industrial Archives & Library generated $467.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (43.5%) each year. All expenses for the organization totaled $780.3k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDUSTRIAL ARCHIVES & LIBRARY ("IAL") IS A NON-PROFIT 501(C)(3) PRIVATE OPERATING FOUNDATION ESTABLISHED JANUARY 1, 2015. IAL WORKS TO PRESERVE THE RECORDS OF AMERICAN INDUSTRY AND TO MAKE THOSE RECORDS AVAILABLE FOR EDUCATION AND RESEARCH TO SCHOLARS, RESEARCHERS, AND THE GENERAL PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen G Donches President | 40 | $100,000 | |
Robert W Bilheimer General Manager | 40 | $72,000 | |
Nicholas P Zmijewski Archivist | 40 | $67,000 | |
Missy Nerino Archivist | 40 | $45,400 | |
Kenneth R Smith Chairman/trustee | 1 | $0 | |
Michael M Albarell Treasurer/trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $2,707 |
Dividends & Interest | $257,547 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $207,454 |
Capital Gain Net Income | $283,336 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $467,708 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $100,000 |
Other employee salaries and wages | $184,400 |
Pension plans, employee benefits | $79,211 |
Interest | $0 |
Taxes | $6,037 |
Depreciation | $34,563 |
Occupancy | $80,652 |
Travel, conferences, and meetings | $1,892 |
Printing and publications | $0 |
Other expenses | $201,717 |
Total operating and administrative expenses | $780,268 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $780,268 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,672 |
Savings and temporary cash investments | $708,000 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $17,139 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $15,022,134 |
Net Land, buildings, and equipment | $697,594 |
Other assets | $116,581 |
Total assets | $16,565,120 |
Accounts payable and accrued expenses | $41,821 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $41,821 |
Organization Name | Assets | Revenue |
---|---|---|
Prince Georges County Memorial Library System Largo, MD | $19,703,287 | $35,335,320 |
Carnegie Library Of Pittsburgh Pittsburgh, PA | $129,763,715 | $43,541,952 |
Public Library Association Of Annapolis And A A Co Inc Annapolis, MD | $38,305,116 | $29,732,836 |
Pierpont Morgan Library New York, NY | $416,332,166 | $59,153,120 |
Rochester Public Library Rochester, NY | $13,709,813 | $21,920,405 |
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 |