2021-12-23T13:39:09-06:00 2020-12-31 236410283 ISDANER & COMPANY LLC THREE BALA PLAZA SUITE 501 WEST BALA CYNWYD PA 190043484 990 2020-01-01 231370444 THE LIBRARY COMPANY OF PHILADELPHIA LIBR 2155463181 1314 LOCUST STREET PHILADELPHIA PA 19107 MICHAEL J BARSANTI EXECUTIVE DIRECTOR 2155463181 2021-12-21 1 MICHAEL BARSANTI 999009999 EDWARD W DORAN CPA P00841330 6106684200 2021-12-21 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MICHAEL J BARSANTI 1314 LOCUST STREET PHILADELPHIA PA 19107 6488984 0 X WWW.LIBRARYCOMPANY.ORG X 1731 PA INDEPENDENT RESEARCH LIBRARY FOR THE STUDY OF AMERICAN HISTORY AND CULTURE 20 20 27 1 0 0 1201531 2129477 130848 161658 1920806 954910 5930 9561 3259115 3255606 231881 187085 0 0 1855927 2013233 0 0 327077 1769337 1833968 3857145 4034286 -598030 -778680 36407422 37905585 133512 271046 36273910 37634539 THE MISSION OF THE LIBRARY COMPANY IS TO ENRICH PUBLIC UNDERSTANDING OF OUR NATION'S HISTORY BY FOSTERING ADVANCED RESEARCH IN ITS COLLECTIONS OF PRIMARY SOURCE MATERIALS RELATING TO AMERICAN HISTORY AND CULTURE FROM THE 17TH THROUGH 19TH CENTURIES. 0 0 2756492 187085 161658 OPERATION OF A RARE BOOK REPOSITORY AND RESEARCH LIBRARY, PRESENTING EXHIBITS, PROGRAMS AND PUBLICATIONS FOR MEMBERS AND GENERAL PUBLIC. 2756492 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 60 0 1 27 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X MICHAEL BARSANTI 2155463181 1314 LOCUST STREET PHILADELPHIA PA 19107 HOWELL ROSENBERG PRESIDENT 1.00 X X 0 0 0 MAUDE DE SCHAUENSEE VICE PRESIDENT 1.00 X X 0 0 0 JOSEPH M EVANS JR TREASURER 1.00 X X 0 0 0 JOHN F MEIGS SECRETARY 1.00 X X 0 0 0 NICHOLAS D CONSTAN DIRECTOR 1.00 X 0 0 0 B ROBERT DEMENTO DIRECTOR 1.00 X 0 0 0 MICHELLE FLAMER DIRECTOR 1.00 X 0 0 0 JUDITH FREYER DIRECTOR 1.00 X 0 0 0 CHARLES P KEATES DIRECTOR 1.00 X 0 0 0 MICHAEL B MANN DIRECTOR 1.00 X 0 0 0 LOUISE MARSHALL KELLY DIRECTOR 1.00 X 0 0 0 RANDALL M MILLER DIRECTOR 1.00 X 0 0 0 STEPHEN P MULLIN DIRECTOR 1.00 X 0 0 0 DANIEL RICHTER DIRECTOR 1.00 X 0 0 0 JAMES H SCOTT DIRECTOR 1.00 X 0 0 0 THERESA R SNYDER DIRECTOR 1.00 X 0 0 0 RICHARD WOOD SNOWDEN DIRECTOR 1.00 X 0 0 0 MARIA M THOMPSON DIRECTOR 1.00 X 0 0 0 EDWARD WADDINGTON DIRECTOR 1.00 X 0 0 0 CLARENCE WOLF DIRECTOR 1.00 X 0 0 0 RAECHEL HAMMER CHIEF DEVELOPMENT OFFICER 35.00 X 133003 0 19749 JAMES GREEN LIBRARIAN 35.00 X 118279 0 15698 MICHAEL BARSANTI EDWIN WOLF 2ND DIRECTOR 35.00 X 155160 0 18059 406442 0 53506 3 0 1 0 YOUR PART-TIME CONTROLLER 1500 WALNUT ST SUITE 1200 PHILADELPHIA PA 19102 ACCOUNTING 209840 1 185797 49650 377498 1516532 397005 2129477 OTHER LIBRARY SERVICES 519100 161658 161658 161658 503191 503191 8300 0 8300 8300 8300 3626656 3174937 451719 451719 451719 59702 49650 58441 1261 1261 3255606 161658 0 964471 187085 187085 286729 133977 152752 1320318 1018192 191391 110735 114724 89081 16840 8803 162110 121041 21190 19879 129352 93538 15753 20061 4338 2169 2169 241744 241744 16000 8000 8000 137725 137725 213064 106532 106532 125577 52266 70121 3190 327674 278523 49151 11452 93 6383 4976 389373 330967 58406 46095 18438 23048 4609 BOOKS AND PERIODICALS 177810 177810 LIBRARY EXPENSES 132631 132313 318 STAFF DEVELOPMENT 7874 5694 959 1221 MISCELLANEOUS 2611 773 1305 533 4034286 2756492 950717 327077 297012 550996 361057 377765 118293 19082 42369 12570060 6775010 6044964 5795050 29652309 31004613 32998 16499 36407422 37905585 133512 271046 133512 271046 X 9787222 8968183 26486688 28666356 36273910 37634539 36407422 37905585 -778680 2139309 0 X X 0 1 X 1 0 X 1977060 973173 2502176 1201531 2129477 8783417 1977060 973173 2502176 1201531 2129477 8783417 1244488 7538929 555536 686240 627199 628937 511491 3009403 -21387 -12139 19754 18462 4690 11797510 767871 0.63900 0.64700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 16000 0 0 16000 0 PART II-B, LINE 1: ORGANIZATION HAS CONTRACTED WITH ROSCOMMON INTERNATIONAL TO WORK WITH EXECUTIVE AND LEGISLATIVE LEADERS IN COMMONWEALTH OF PENNSYLVANIA AND CITY OF PHILADELPHIA TO GARNER SUPPORT FOR LCP PROGRAMS AND INITIATIVES X X X 0 28870575 317410 2931616 2373315 29746286 24516758 182929 6241841 2070953 28870575 29971866 390299 -1583239 1745168 2517000 24516758 27625735 472218 3816653 1942740 29971866 26768592 669194 1524044 1700000 27261830 0.09870 0.90130 0 0 307517 307517 11559825 6186038 5373787 702718 588972 113746 5795050 X 5315631 2139309 58441 2197750 3117881 137725 137725 3255606 3955002 58441 58441 3896561 137725 137725 4034286 PART III, LINE 1A: SEE EXPLANATION BELOW FOR PART III, LINE 4 PART III, LINE 4: ORGANIZATION MAINTAINS COLLECTIONS OF ART, HISTORICAL TREASURES AND OTHER SIMILAR ASSETS. THE PERMANENT COLLECTIONS COMPRISE APPROXIMATELY 500,000 BOOKS, PAMPHLETS AND BROADSIDES, 160,000 MANUSCRIPTS, 100,000 PRINTS, PHOTOGRAPHS AND OTHER GRAPHIC WORKS, AND SEVERAL HUNDRED WORKS OF ART AND ARTIFACTS BECAUSE THE VALUES OF THE EXISTING PERMANENT COLLECTIONS ARE NOT READILY DETERMINABLE, IN ACCORDANCE WITH FASB ASC 958, NOT-FOR-PROFIT ENTITIES, THE COMPANY HAS NOT CAPITALIZED THEM. ACCESSIONS AND DEACCESSIONS ARE ACCOUNTED FOR IN UNRESTRICTED NET ASSETS. PART V, LINE 4: THE LIBRARY COMPANY'S ENDOWMENT COMPRISES FUNDS RESTRICTED BY DONORS TO SUPPORT PARTICULAR ACTIVITES (E G RESEARCH, FELLOWSHIPS, ACQUISITIONS, TECNHOLOGY, CATALOGING AND MAINTENANCE) AND UNRESTRICTED FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT THAT SUPPORT ALL ASPECTS OF THE COMPANY'S OPERATIONS. PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PURSUANT TO FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, THE COMPANY RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION. NO LIABILITY FOR UNCERTAIN TAX POSITIONS WAS RECORDED AS OF DECEMBER 31, 2020 OR 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 58,441. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS 58,441. ANNUAL DINNER 109352 49650 59702 16420 42021 109352 49650 59702 16420 42021 58441 1261 1 FELLOWSHIP GRANTS 31 187085 PART I, LINE 2: ALL FELLOWSHIPS SUPPORT RESEARCH IN RESIDENCE AT THE LIBRARY COMPANY. THE REFERENCE STAFF MAINTAINS DAILY CONTACT WITH THE FELLOWS DURING THEIR FELLOWSHIP PERIOD. 0 0 0 0 0 0 0 0 0 MICHAEL BARSANTI EDWIN WOLF 2ND DIRECTOR 155160 0 0 0 0 0 10953 0 7106 0 173219 0 0 0 RAECHEL HAMMER CHIEF DEVELOPMENT OFFICER 133003 0 0 0 0 0 12643 0 7106 0 152752 0 0 0 X 12 397005 STOCK MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS SHAREHOLDERS WHO ARE CHARGED UNDER THE BYLAWS WITH ELECTING THE MEMBERS OF THE BOARD AND ITS OFFICERS. AN ANNUAL MEETING IS HELD WHERE THE ELECTION TAKES PLACE. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS SHAREHOLDERS WHO ARE CHARGED UNDER THE BYLAWS WITH ELECTING THE MEMBERS OF THE BOARD AND ITS OFFICERS. AN ANNUAL MEETING IS HELD WHERE THE ELECTION TAKES PLACE. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND STAFF ACCOUNTANT REVIEW THE FORM 990 WITH THE PAID PREPARER. THE AUDIT COMMITTEE REVIEWS THE FORM AND RECOMMENDS ACCEPTANCE OF THE 990 TO THE BOARD OF TRUSTEES, AND THE BOARD APPROVES THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C COVERED PERSONS ARE SOLICITED ANNUALLY, ASKING THESE INDIVIDUALS TO REPORT ANY POSSIBLE POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY EVALUATES THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND DETERMINES COMPENSATION USING COMPARABILITY DATA FORM 990, PART VI, SECTION C, LINE 19 THE IRS DETERMINATION LETTER OF 501(C)3 STATUS AND THE AUDITED FINANCIAL STATEMENTS ARE FURNISHED UPON REQUEST FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR IRVING STREET LLC 1314 LOCUST STREET PHILADELPHIA PA 19107 474884217 PROPERTY OWNERSHIP PA 0 43052