David Library Of The American Revolution Inc is located in Philadelphia, PA. The organization was established in 1974. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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. David Library Of The American Revolution Inc 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 12/2023, David Library Of The American Revolution Inc generated $259.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $354.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES A LIBRARY DEDICATED TO THE COLLECTION AND DISSEMINATION OF INFORMATION CONCERNING AMERICAN HISTORY CIRCA 1750-1800
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Packer Trustee | 1 | $0 | |
James J Linksz President | 1 | $0 | |
Roger Bagnall Trustee | 1 | $0 | |
Norval Reece Trustee | 1 | $0 | |
Robert Hauser Trustee | 1 | $0 | |
Francine Lida Stone Vice President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $185,391 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $73,613 |
| Capital Gain Net Income | $73,613 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $259,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $18,959 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $46,343 |
| Contributions, gifts, grants paid | $307,645 |
| Total expenses and disbursements | $353,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,283,154 |
| Net Land, buildings, and equipment | $127,370 |
| Other assets | $12,758,850 |
| Total assets | $21,169,374 |
| 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 | $0 |
| Total liabilities | $0 |
Over the last fiscal year, David Library Of The American Revolution Inc has awarded $150 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF WASHINGTON STATE PARK PURPOSE: EXEMPT PURPOSE | $100 |
LOWER SHORE BOWIE ALUMNI SCHOLARSHIP PURPOSE: MADE IN MEMORY OF EDWARD T. TAYLOR | $50 |