The Lantern Bryn Mawr Bookshop
- Assets
- $312.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/1989
- Data as of
- 05/2024
- EIN
- 52-1615538
Organization Overview
The Lantern Bryn Mawr Bookshop is located in Washington, DC. The organization was established in 1989. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Lantern Bryn Mawr Bookshop 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 05/2024, Lantern Bryn Mawr Bookshop generated $89.0k in total revenue. All expenses for the organization totaled $71.5k during the year ending 05/2024. While expenses have increased by 56.9% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE MISSION OF THE LANTERN BOOKSHOP IS TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS AT BRYN MAWR COLLEGE. IN THIS FISCAL YEAR $40,000 WAS DONATED TO THE COLLEGE. THE FUNDS DONATED BY THE LANTERN ARE USED TO SUPPORT INTERNSHIPS SO STUDENTS CAN PURSUE AREAS OF INTEREST RELATED TO THEIR ACADEMIC SCHOLARSHIP. APPROXIMATELY FOUR STUDENTS EACH SUMMER RECEIVE FUNDS SPECIFICALLY FROM THE LANTERN. SINCE ITS FOUNDING IN 1978 THE LANTERN AS DONATED ALMOST $1 MILLION TO BRYN MAWR COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Flinn Board President | 14 | $0 | |
Caroline Willis Vice President | 5 | $0 | |
Abigail Bruhlmann Treasurer | 1 | $0 | |
Margaret Stephenson Secretary | 5 | $0 | |
Ellen Lazarus Board Member | 5 | $0 | |
Elizabeth Margosches At-Large Member | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,009 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,782 |
| Occupancy, rent, utilities, and maintenance | $15,005 |
| Printing, publications, postage, and shipping | $818 |
| Other expenses | $50,850 |
| Total expenses | $71,455 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,456 |
| Other assets | $0 |
| Total assets | $312,456 |
| Total liabilities | $0 |
| Net assets or fund balances | $312,456 |