Schwenkenfelder Library And Heritage Center
- Assets
- $13.0m
- Revenue
- $1.3m
- Investments
- $5.1m
- Employees
- 12
- Location
- Pennsburg, PA
- Founding
- 07/1955
- Data as of
- 03/2022
- EIN
- 23-1465643
Organization Overview
Schwenkenfelder Library And Heritage Center is located in Pennsburg, PA. The organization was established in 1955. As of 03/2022, Schwenkenfelder Library And Heritage Center employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schwenkenfelder Library And Heritage Center 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 03/2022, Schwenkenfelder Library And Heritage Center generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $790.2k during the year ending 03/2022. While expenses have increased by 5.4% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A RESEARCH LIBRARY AND MUSEUM, WITH PUBLIC PROGRAMS, TO SHARE THE HISTORY OF THE SCHWENKFELDERS AND THE PENNSYLVANIA GERMANS OF THE PERKIOMEN REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHWENKFELDER LIBRARY AND HERITAGE CENTER PRESERVES AND INTERPRETS THE HERITAGE OF THE SCHWENKFELDERS AND THE UPPER PERKIOMEN VALLEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Twiss Houting Executive Director | Officer | 40 | $60,400 |
Diane Dunn Secretary-Board Of Directo | OfficerTrustee | 1 | $0 |
Anne Goda Vice President-Board Of Di | OfficerTrustee | 1 | $0 |
H Drake Williams Jr Treasurer-Board Of Directo | OfficerTrustee | 1 | $0 |
George Meschter President-Board Of Directo | OfficerTrustee | 1 | $0 |
Nancy Bickel Member-Board Of Directors | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,025 |
| Related organizations | $0 |
| Government grants | $170,668 |
| All other contributions, gifts, grants, and similar amounts not included above | $749,578 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $933,271 |
| Total Program Service Revenue | $6,711 |
| Investment income | $82,055 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $288,782 |
| Net Income from Fundraising Events | $4,554 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,984 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,328,446 |
| 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. | $58,600 |
| Compensation of current officers, directors, key employees. | $17,580 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $208,029 |
| Pension plan accruals and contributions | $2,675 |
| Other employee benefits | $28,409 |
| Payroll taxes | $21,494 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,856 |
| Office expenses | $24,005 |
| Information technology | $6,952 |
| Royalties | $0 |
| Occupancy | $34,613 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $414 |
| Interest | $21,392 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $276,997 |
| Insurance | $31,852 |
| All other expenses | $3,549 |
| Total functional expenses | $790,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,676 |
| Savings and temporary cash investments | $911,621 |
| Pledges and grants receivable | $0 |
| 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 | $24,692 |
| Prepaid expenses and deferred charges | $6,597 |
| Net Land, buildings, and equipment | $6,872,267 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,123,554 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,000 |
| Total assets | $12,983,407 |
| Accounts payable and accrued expenses | $5,531 |
| Grants payable | $0 |
| Deferred revenue | $101,473 |
| 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 | $499,033 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $606,037 |
| Net assets without donor restrictions | $9,674,589 |
| Net assets with donor restrictions | $2,702,781 |
| 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 | $12,983,407 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Schwenkenfelder Library And Heritage Center has recieved totaling $70,136.
| Awarding Organization | Amount |
|---|---|
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: GENERAL SUPPORT | $60,000 |
Capstone Legacy Foundation Inc Wayne, PA PURPOSE: where needed most | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $136 |
Endowment Analysis
| Beg. Balance | $3,509,861 |
| Earnings | $162,583 |
| Admin Expense | $18,082 |
| Other Expense | $93,750 |
| Ending Balance | $3,560,612 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Enoch Pratt Free Library Of Baltimore City Baltimore, MD | $234,974,900 | $48,157,400 |
Stark County District Library Canton, OH | $22,550,169 | $20,470,010 |
Great Neck Library Great Neck, NY | $34,961,861 | $11,637,861 |
Oceanside Library Oceanside, NY | $46,476,817 | $6,978,242 |
Connetquot Public Library Bohemia, NY | $10,940,573 | $6,656,257 |
Queen Annes County Free Library Centreville, MD | $3,534,978 | $5,055,509 |
Crandall Library Glens Falls, NY | $18,989,283 | $4,650,669 |
Bryant Library Roslyn, NY | $10,311,911 | $5,190,176 |
Port Jefferson Free Library Port Jefferson, NY | $14,577,531 | $4,685,963 |
Riverhead Free Library Riverhead, NY | $9,623,554 | $4,087,006 |
Bergen County Cooperative Library System Inc Fair Lawn, NJ | $2,010,518 | $3,727,342 |
Franklin Township Public Library Association Somerset, NJ | $10,614,091 | $3,884,927 |