Herman J Albrecht Library Of Historical Architecture Inc
- Assets
- $14.5m
- Revenue
- $773.1k
- Investments
- $10.1m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 30-0377654
Organization Overview
Herman J Albrecht Library Of Historical Architecture Inc is located in Cleveland, OH. The organization was established in 2008. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herman J Albrecht Library Of Historical Architecture 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 12/2021, Herman J Albrecht Library Of Historical Architecture Inc generated $773.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.5%) each year. All expenses for the organization totaled $555.9k 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
ACQUISITION OF HISTORICAL ARCHITECTURE BOOKS WHICH ARE HELD BY THE OHIO STATE UNIVERSITY FOR THE ALBRECHT LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Shumaker Director | 0 | $0 | |
Christopher Geiss Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,593 |
| Dividends & Interest | $245,532 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $522,963 |
| Capital Gain Net Income | $522,963 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $773,088 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,428 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $112,253 |
| Contributions, gifts, grants paid | $443,677 |
| Total expenses and disbursements | $555,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $512,550 |
| 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 | $830,247 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,857,854 |
| Total assets | $14,502,485 |
| 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 |
Grants Awarded
Over the last fiscal year, Herman J Albrecht Library Of Historical Architecture Inc has awarded $443,677 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HERMAN J ALBRECT LIBRARY PURPOSE: LIBRARY BOOKS | $433,677 |
HERMAN J ALBRECT LIBRARY PURPOSE: RESTORATION COMMISIONS, FUNDING FELLOWSHIP PROGRAM | $10,000 |
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