Rocky Mountain Philatelic Library
- Assets
- $974.2k
- Revenue
- $318.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 09/1994
- Data as of
- 12/2023
- EIN
- 84-1223669
Organization Overview
Rocky Mountain Philatelic Library is located in Denver, CO. The organization was established in 1994. 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. Rocky Mountain Philatelic Library 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, Rocky Mountain Philatelic Library generated $318.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $119.9k during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ROCKY MOUNTAIN PHILATELIC LIBRARY IS AN EDUCATIONAL AND LITERACY ORGANIZATION THAT HAS BEEN ESTABLISHED TO (1) PROMOTE AND FACILITATE THE PURSUIT OF STAMP COLLECTING AS A HOBBY AT ALL LEVELS (2) PROVIDE A LOCATION FOR A CENTRAL DEPOSITORY OF PHILATELIC LITERATURE AND RELATED ITEMS TO BE AVAILABLE FOR RESEARCH BY ALL INTERSTED PEOPLE (3) TO SERVE AS AN INFORMATION CENTER FOR PHILATELY AND POSTAL HISTORY IN THE ROCKY MOUNTAIN REGION (4) TO PROVIDE, OR ARRANGE FOR, BASIC INSTRUCTION IN THE HOBBY OF PHILATELY AND/OR INSTRUCTION IN THE MORE SPECIALIZED AREAS OF STAMP COLLECTING USING LOCAL EXPERTISE (5) TO SERVE AS A DEPOSITORY FOR PHILATELIC SLIDE OR VIDEO PROGRAMS FOR USE BY LOCAL STAMP CLUBS ALSO TO PROVIDE A CARD REFERENCE FILE OF GOOD PROGRAMS AVAILABLE TO CLUBS BY LOCAL PHILATELISTS (6) TO SERVE AS A RESOURCE FOR EDUCATIONAL INSTITUTIONS INTERESTED IN THE HOBBY OF STAMP COLLECTING (7) TO SERVE AS A PLACE WHERE THOSE INTERESTED IN STAMPS OR POSTAL HISTORY CAN MEET TO DISCUSS COMMON
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF NEWSLETTER (SCRIBBLINGS) ON A SEMI-MONTHLY BASIS, PROVIDES A CENTRAL DEPOSITORY OF PHILATELIC LITERATURE FOR RESEARCH BY STUDENTS AND COLLECTORS (APPROXIMATELY 2,400 VISITORS ANNUALLY), MONTHLY SEMINARS ON ALL PHASES OF PHILATELY FOR PUBLIC SCHOOL CLASSES AND SCOUT UNITS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tonny Van Loij President | OfficerTrustee | 20 | $0 |
Eric Carlson Director | Trustee | 10 | $0 |
Rodney Haenni Director | Trustee | 1 | $0 |
Regina Domenici Recording Secretary | OfficerTrustee | 2 | $0 |
William Douglass Treasurer | OfficerTrustee | 8 | $0 |
Richard Palestro Director | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,157 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $186,336 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $199,493 |
| Total Program Service Revenue | $113,110 |
| Investment income | $6,059 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $318,662 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,255 |
| Office expenses | $46,789 |
| Information technology | $2,412 |
| Royalties | $0 |
| Occupancy | $28,262 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $230 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,830 |
| Insurance | $0 |
| All other expenses | $734 |
| Total functional expenses | $119,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $338,266 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $285,379 |
| Investments—publicly traded securities | $350,576 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $974,221 |
| Accounts payable and accrued expenses | $1,829 |
| 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 | $1,829 |
| Net assets without donor restrictions | $943,423 |
| Net assets with donor restrictions | $28,969 |
| 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 | $974,221 |