Historical Society Of Pennsylvania
- Assets
- $29.5m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 27
- Location
- Philadelphia, PA
- Founding
- 12/1928
- Data as of
- 06/2022
- EIN
- 23-1352322
Organization Overview
Historical Society Of Pennsylvania is located in Philadelphia, PA. The organization was established in 1928. 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 06/2022, Historical Society Of Pennsylvania employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Historical Society Of Pennsylvania 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 06/2022, Historical Society Of Pennsylvania generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $3.5m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE INDIVIDUALS AND ORGANIZATIONS TO CREATE A BETTER FUTURE THROUGH HISTORICAL UNDERSTANDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORY & HISTORICAL PROGRAMS, GENERAL/OTHER OPERATION OF A PREEMINENT UNITED STATES ARCHIVE AND RESEARCH LIBRARY WITH COLLECTIONS FROM 1682 TO THE PRESENT, PRESENTING EXHIBITS, EDUCATIONAL PROGRAMS AND PUBLICATIONS ON THE HISTORY AND CHANGING DIVERSITY OF OUR NATION.
THE HISTORICAL SOCIETY OF PENNSYLVANIA SERVES AUDIENCES THROUGH A VARIETY OF EDUCATIONAL PROGRAMMING AND RESEARCH SERVICES, ALL STEMMING FROM ITS NATIONALLY SIGNIFICANT ARCHIVAL COLLECTION. PROGRAMS INCLUDE K-12 CURRICULAR MATERIAL/FIELD TRIPS, GENEALOGY WORKSHOPS, PANEL DISCUSSIONS, AND OTHER SCHOLARLY PROGRAMS. RESEARCH SERVICES INCLUDE READING ROOM RESEARCH HOURS, RESEARCH BY MAIL, RIGHTS AND REPRODUCTIONS, ONLINE COLLECTION CONTENT, RESEARCH FELLOWSHIPS, AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Brigham President & CEO | Officer | 40 | $334,969 |
Dennis Williams Chief Financial Officer (until Oct. 2021) | Officer | 40 | $98,314 |
Lee Arnold Chief Operating Officer | Officer | 40 | $96,736 |
Elizabeth Milroy Secretary | OfficerTrustee | 2 | $0 |
Eric W Noll Board Chair | OfficerTrustee | 5 | $0 |
J Rudy Lewis Executive Vice-Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
History Making Productions Video Production | 6/29/15 | $1,412,005 |
P Agnes Inc General Contracting Services | 6/29/15 | $479,129 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $79,300 |
| Related organizations | $0 |
| Government grants | $635,917 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,768,614 |
| Noncash contributions included in lines 1a–1f | $857,144 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,483,831 |
| Total Program Service Revenue | $91,438 |
| Investment income | $737,366 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $52,807 |
| Net Rental Income | $13,290 |
| Net Gain/Loss on Asset Sales | $497,111 |
| Net Income from Fundraising Events | -$11,437 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,864,620 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $587,715 |
| Compensation of current officers, directors, key employees. | $172,771 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $938,260 |
| Pension plan accruals and contributions | $30,766 |
| Other employee benefits | $91,123 |
| Payroll taxes | $113,629 |
| 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 | $8,828 |
| Fees for services: Other | $280,060 |
| Advertising and promotion | $21,896 |
| Office expenses | $0 |
| Information technology | $238,686 |
| Royalties | $0 |
| Occupancy | $63,011 |
| Travel | $14,566 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,062 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $110 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,457,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $865,600 |
| Savings and temporary cash investments | $386,483 |
| Pledges and grants receivable | $2,211,268 |
| Accounts receivable, net | $0 |
| 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 | $87,375 |
| Net Land, buildings, and equipment | $6,249,235 |
| Investments—publicly traded securities | $11,378,262 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,341,000 |
| Total assets | $29,519,223 |
| Accounts payable and accrued expenses | $457,819 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $457,819 |
| Net assets without donor restrictions | $3,108,027 |
| Net assets with donor restrictions | $25,953,377 |
| 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 | $29,519,223 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Historical Society Of Pennsylvania has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Amaranth Foundation Philadelphia, PA PURPOSE: GENERAL PURPOSE | $1,500 |
Endowment Analysis
| Beg. Balance | $23,961,842 |
| Earnings | -$3,133,508 |
| Other Expense | $722,859 |
| Ending Balance | $20,105,475 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton-Madison House Inc New York, NY | $11,830,050 | $17,173,913 |
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Ohio Historical Society Foundation Columbus, OH | $22,693,832 | $2,410,812 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Historic Annapolis Inc Annapolis, MD | $11,216,187 | $4,170,932 |
Lake George Association Inc Lake George, NY | $20,500,954 | $6,877,319 |
Lancasterhistory Org Lancaster, PA | $21,295,803 | $1,939,476 |
Royal Oak Foundation Inc New York, NY | $7,446,621 | $2,765,681 |
Partners For Sacred Places Inc Philadelphia, PA | $5,285,974 | $2,628,300 |