Nicholas Newlin Foundation
- Assets
- $19.7m
- Revenue
- $747.2k
- Investments
- $14.8m
- Employees
- 0
- Location
- Glen Mills, PA
- Founding
- 05/1992
- Data as of
- 12/2021
- EIN
- 23-1600703
Organization Overview
Nicholas Newlin Foundation is located in Glen Mills, PA. The organization was established in 1992. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nicholas Newlin Foundation 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 12/2021, Nicholas Newlin Foundation generated $747.2k 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 (7.0%) each year. All expenses for the organization totaled $867.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO MAINTAIN, PRESERVE, AND OPEN TO THE PUBLIC HISTORIC PROPERTIES AND LAND KNOWN AS NEWLIN MILL PARK FOR THE PUBLIC'S EDUCATION AND ENJOYMENT. THE PARK IS COMPRISED OF 160 ACRES WITH SEVERAL HISTORIC STRUCTURES - INCLUDING A WORKING WATER POWERED GRIST MILL BUILT IN 1704. APPROXIMATELY 48,000 VISITORS A YEAR ENJOY A VARIETY OF ACTIVITIES INCLUDING ENVIRONMENTAL AND HISTORICAL EDUCAITON, NATURE TRAILS, FISHING PONDS, BASEBALL DIAMONDS, AND PICNIC AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Shahan Executive Di | 40 | $79,012 | |
Henry F Thompson Jr Treasurer | 1 | $0 | |
Jane Alavi Deputy Exec | 1 | $0 | |
Mortimer Newlin Sellers Executive Tr | 1 | $0 | |
Susan Shisler Rapp Secretary | 1 | $0 | |
Lucy Bell Jarka-Sellers Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $266,931 |
| Interest on Savings | $515 |
| Dividends & Interest | $376,556 |
| Net Rental Income | $21,220 |
| Net Gain on Sale of Assets | $18,565 |
| Capital Gain Net Income | $18,565 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $63,365 |
| Total Revenue | $747,152 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $79,012 |
| Other employee salaries and wages | $284,845 |
| Pension plans, employee benefits | $98,472 |
| Interest | $0 |
| Taxes | $66 |
| Depreciation | $68,442 |
| Occupancy | $26,185 |
| Travel, conferences, and meetings | $132 |
| Printing and publications | $0 |
| Other expenses | $305,559 |
| Total operating and administrative expenses | $867,821 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $867,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,433 |
| Savings and temporary cash investments | $2,721,033 |
| 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 | $18,982 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $255,196 |
| Net Land, buildings, and equipment | $1,905,988 |
| Other assets | $17,827 |
| Total assets | $19,729,015 |
| Accounts payable and accrued expenses | $0 |
| 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 | $74,559 |
| Total liabilities | $74,559 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Nicholas Newlin Foundation has recieved totaling $9,000.
| Awarding Organization | Amount |
|---|---|
D L Saunders Lawrence Saunders Fund Radnor, PA PURPOSE: FOR FROG POND HABITAT IMPROVEMENT | $3,000 |
D L Saunders Lawrence Saunders Fund Radnor, PA PURPOSE: FOR FROG POND HABITAT IMPROVEMENT | $3,000 |
D L Saunders Lawrence Saunders Fund Radnor, PA PURPOSE: FOR FROG POND HABITAT IMPROVEMENT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Historical Society New York, NY | $208,003,318 | $56,360,280 |
John E Andrus Memorial Inc Hastingsonhudson, NY | $34,101,989 | $32,146,743 |
Seventh Regiment Armory Conservancy Inc New York, NY | $306,083,724 | $25,857,761 |
Ohio Historical Society Columbus, OH | $7,345,353 | $25,940,986 |
American Society For Yad Vashem Inc New York, NY | $98,978,221 | $39,756,518 |
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
Franklin County Historical Society Columbus, OH | $23,539,656 | $19,471,266 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
Historical Society Of Western Pennsylvania Pittsburgh, PA | $61,152,096 | $7,849,869 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |