2024-05-15T13:56:29-05:00 2023-06-30 390758449 WIPFLI LLP 170 N RADNOR-CHESTER RD SUITE 200 RADNOR PA 19087 990 2022-07-01 231425055 ROSENBACH MUSEUM AND LIBRARY D/B/A THE ROSENBACH OF THE FREE LIBRARY ROSE 2157321600 2008-2010 DELANCEY PLACE PHILADELPHIA PA 19103 KELSEY BATES EXECUTIVE DIRECTOR 2157321600 2024-05-13 1 KELSEY BATES 999009999 0 SOLOMON MARDAKHAEV P01806552 6105653930 2024-05-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THE ROSENBACH OF THE FREE LIBRARY OF PHILADELPHIA KELSEY BATES 2008-2010 DELANCEY PLACE PHILADELPHIA PA 19103 4354640 0 X WWW.ROSENBACH.ORG X 1953 PA OPERATION OF MUSEUM AND LIBRARY IN ACCORDANCE WITH THE MISSION STATEMENT: "WE FOSTER INQUIRY, LEARNING AND CREATIVE THOUGHT BY ENGAGING AUDIENCES IN PROGRAMS, EXHIBITIONS, PROGRAMS AND RESEARCH INSPIRED BY OUR COLLECTIONS." 28 28 27 40 0 0 2082564 3213312 123700 134347 255605 483911 47734 63421 2509603 3894991 0 0 0 0 1253512 1550926 0 0 486408 739775 1024115 1993287 2575041 516316 1319950 16391741 20355660 1144807 3114004 15246934 17241656 OPERATION OF MUSEUM AND LIBRARY IN ACCORDANCE WITH THE MISSION STATEMENT: "WE FOSTER INQUIRY, LEARNING AND CREATIVE THOUGHT BY ENGAGING AUDIENCES IN PROGRAMS, EXHIBITIONS, PROGRAMS AND RESEARCH INSPIRED BY OUR COLLECTIONS." 0 0 1383200 0 134347 OPERATION OF A MUSEUM AND RESEARCH LIBRARY WITH RELATED EXHIBIT AND EDUCATIONAL ACTIVITIES AND MAINTENANCE OF THE BUILDING WHICH IS AN INTERGRAL PART OF THE COLLECTION. 1383200 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 46 0 27 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 0 0 0 0 0 1 1 1 1 0 0 1 1 0 0 1 1 1 1 0 PA NJ X X MANAGEMENT 2157321600 2008-2010 DELANCEY PLACE PHILADELPHIA PA 19103 AMY COES CO-VICE CHAIR (BEGAN SEPT 2022) 3.00 1.00 X X 0 0 0 BENITO CACHINERO - SANCHEZ CHAIR 3.00 1.00 X X 0 0 0 LENORE STEINER CO-VICE CHAIR 3.00 1.00 X X 0 0 0 LISA WASHINGTON SECRETARY 3.00 X X 0 0 0 PETER D NALLE TREASURER 3.00 1.00 X X 0 0 0 AMY L FINKEL DIRECTOR 1.00 X 0 0 0 CHARLES KEATES DIRECTOR 1.00 1.00 X 0 0 0 CYNTHIA H AFFLECK DIRECTOR 1.00 1.00 X 0 0 0 DANIEL LEVINE DIRECTOR (BEGAN DEC 2022) 1.00 X 0 0 0 DANTHU THI PHAN DIRECTOR 1.00 X 0 0 0 DARREN WINSTON DIRECTOR 1.00 X 0 0 0 EMILY CAVANAGH DIRECTOR 1.00 X 0 0 0 GENE LEFEVRE DIRECTOR 1.00 X 0 0 0 GENIE MURPHY DIRECTOR 1.00 X 0 0 0 JACQUELINE M KRAEUTLER ESQ DIRECTOR 1.00 X 0 0 0 JAMES H AVERILL DIRECTOR 1.00 1.00 X 0 0 0 JUDE TUMA DIRECTOR (BEGAN OCT 2022) 1.00 1.00 X 0 0 0 KAREN JAMES DIRECTOR 1.00 X 0 0 0 LILY FERRY DIRECTOR 1.00 X 0 0 0 LIZA SELTZER DIRECTOR 1.00 X 0 0 0 M GAGE JOHNSTON DIRECTOR 1.00 X 0 0 0 MELISSA GREENBERG DIRECTOR (BEGAN DEC 2022) 1.00 X 0 0 0 PAMELA SCHREIBER DIRECTOR 1.00 X 0 0 0 ROBERT DEMENTO DIRECTOR 1.00 X 0 0 0 ROBERT K URQUHART DIRECTOR 1.00 X 0 0 0 ROBIN PINDER-HERNDON DIRECTOR 1.00 X 0 0 0 SUSAN B MULLER DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM PETERSEN DIRECTOR 1.00 X 0 0 0 AMANDA DICHELLO DIRECTOR (THRU OCT 2022) 1.00 X 0 0 0 KELSEY BATES EXECUTIVE DIRECTOR 37.50 X 143799 0 19700 143799 0 19700 1 0 1 0 0 160251 93808 2959253 3213312 TUITION INCOME 711300 83470 83470 ADMISSIONS 711300 33290 33290 MUSEUM SHOP 711300 11948 11948 5639 5639 134347 231972 231972 65 65 8850 0 8850 8850 8850 543774 131835 423670 0 120104 131835 251939 251939 79842 160251 35979 43863 43863 ADMINISTRATION 900099 4729 4729 PHOTO & RESEARCH SERVI 900099 3570 3570 MISCELLANEOUS REVENUE 900099 2344 2344 10643 3894991 134347 0 547332 166317 89143 38353 38821 1115879 595793 271879 248207 156638 86262 21519 48857 112092 68201 22780 21111 63508 63508 22186 22186 234742 100247 96663 37832 61094 47627 156 13311 57699 11605 18312 27782 4266 4266 57892 45909 4513 7470 3457 1551 657 1249 18188 210 7758 10220 97648 88519 9129 55323 36988 12312 6023 COLLECTIONS ACQUISITION 134697 134697 REPAIRS AND MAINTENANCE 118189 27750 90269 170 MEALS AND ENTERTAINMENT 32568 6699 2322 23547 MISCELLANEOUS 28402 13330 14440 632 34256 24403 8677 1176 2575041 1383200 705433 486408 8504 5651 1745399 3081147 1156818 1096661 24835 200 80590 79771 22057 26127 5367395 991145 3672011 4376250 1436185 11689853 8245342 16391741 20355660 257545 342809 887262 2771195 1144807 3114004 X 5177081 7327677 10069853 9913979 15246934 17241656 16391741 20355660 1319950 674772 0 X 0 1 X 1 0 X 1220579 2222078 1021354 2082564 3213312 9759887 1220579 2222078 1021354 2082564 3213312 9759887 3491939 6267948 166215 194148 217580 257637 240887 1076467 36174 43863 80037 13537 8645 4086 9927 10643 46838 10963229 1249778 0.57170 0.57440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X X EDUCATIONAL PROGRAMS 0 35746134 4809597 3114500 1803037 41867194 40980532 2314280 -5950953 1597725 35746134 33009510 997252 8760516 1786746 40980532 32582919 1091124 1105852 1770385 33009510 33080293 397860 1489916 2385150 32582919 0.17490 0.47360 0.35150 0 1 1 2200000 2200000 2568145 696898 1871247 505098 294247 210851 94152 94152 4376250 REIMBURSEMENT PAYABLE TO FLPF 2771195 2771195 X 4467611 674772 18752 35979 729503 3738108 22186 134697 156883 3894991 2472889 18752 35979 54731 2418158 22186 134697 156883 2575041 PART III, LINE 1A: CONTRIBUTED COLLECTION ITEMS, INCLUDING RARE BOOKS,MANUSCRIPTS, FINE AND DECORATIVE ARTS AND PERIOD FURNISHINGS ARE NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORIGINAL REAL ESTATE AT 2010 DELANCEY PLACE, WHICH IS INCLUDED IN THE NATIONAL REGISTER OF HISTORIC PLACES AND IS A DESIGNATED LITERARY LANDMARK, IS CONSIDERED A PART OF THE COLLECTION AND IS NOT INCLUDED IN PROPERTY AND EQUIPMENT. PART III, LINE 4: FINE ART THE ROSENBACH'S COLLECTION OF PAINTINGS INCLUDES IMPORTANT AMERICAN PORTRAITS BY GILBERT STUART, THOMAS SULLY, BASS OTIS, MATTHEW JOUETT, AND JOHN WESLEY JARVIS; AND EUROPEAN GENRE PAINTINGS INCLUDING THOSE ATTRIBUTED TO ANGELICA KAUFFMAN. MANY PAINTINGS ARE INSTALLED IN THE HISTORIC HOUSE WHERE ROSENBACH FAMILY PORTRAITS AND TRAVEL SOUVENIRS BY ARTISTS OF THE SCHOOL OF CANELETTO LEND A PERSONAL QUALITY TO THE COLLECTION. PART V, LINE 4: THE ENDOWMENT OF THE FOUNDATION CONSISTS OF 69 FUNDS ESTABLISHED BY DONORS FOR VARIOUS PURPOSES. THE ENDOWMENT OF THE ROSENBACH CONSISTS OF 25 FUNDS ESTABLISHED BY DONORS FOR VARIOUS PURPOSES. THE ENDOWMENT FUNDS ON PART V INCLUDE ENDOWMENT FUNDS OF THE FREE LIBRARY OF PHILADELPHIA FOUNDATION, A RELATED PARTY. AS REQUIRED BY UNITED STATES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENT, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE FOUNDATION AND THE ROSENBACH HAVE EACH OBTAINED A FAVORABLE DETERMINATION THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND EACH IS CLASSIFIED AS AN ORGANIZATION THAT IS OTHER THAN A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS REVIEWED TAX POSITIONS TAKEN IN FILINGS WITH FEDERAL AND STATE JURISDICTIONS AND BELIEVES THOSE POSITIONS WOULD BE SUSTAINED SHOULD THE FILINGS BE EXAMINED BY THE RELEVANT TAXING AUTHORITY. OPEN YEARS SUBJECT TO AUDIT FOR FEDERAL PURPOSES ARE GENERALLY THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 35,979. PART XI, LINE 4B - OTHER ADJUSTMENTS: COLLECTION ACQUISITIONS 134,697. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 35,979. PART XII, LINE 4B - OTHER ADJUSTMENTS: COLLECTION ACQUISITION 134,697. ANNUAL FUNDRAISER 240093 160251 79842 25005 10974 240093 160251 79842 25005 10974 35979 43863 X 0 0 0 0 0 0 0 0 0 KELSEY BATES EXECUTIVE DIRECTOR 143799 0 0 0 0 0 4290 0 15410 0 163499 0 0 0 FORM 990, PART V, LINE 2A: PAYROLL FILINGS, INCLUDING FORMS W-2, FOR THE ROSENBACH OF THE FREE LIBRARY EMPLOYEES ARE HANDLED BY A RELATED PARTY, FREE LIBRARY OF PHILADELPHIA FOUNDATION. THE ROSENBACH OF THE FREE LIBRARY REIMBURSES THE FREE LIBRARY OF PHILADELPHIA FOUNDATION FOR THE COSTS ASSOCIATED WITH THESE FILINGS. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER SHALL HAVE THE RIGHT TO ELECT THREE MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS MAY BE ALTERED, AMENDED OR REPEALED ONLY BY THE SOLE MEMBER; FREE LIBRARY OF PHILADELPHIA FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT FORM 990 IS EMAILED TO ALL BOARD MEMBERS AS A PDF AS SOON AS IT IS COMPLETED, QUESTIONS AND COMMENTS ARE SOLICITED DURING THE BOARD'S MEETINGS THEREAFTER. FORM 990, PART VI, SECTION B, LINE 12 THE CONFLICT OF INTEREST POLICY IS CURRENTLY UNDER REVISION AND IS BEING INFORMALLY MONITORED AT PRESENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS, ACTING IN TANDEM THROUGH ITS FINANCE COMMITTEE AND ITS EXECUTIVE COMMITTEE, SETS THE COMPENSATION LEVEL FOR THE EXECUTIVE DIRECTOR ANNUALLY. THIS IS ACCOMPLISHED BY CONSIDERING 1) THE DIRECTOR'S PERFORMANCE AS DOCUMENTED IN AN ANNUAL PERFORMANCE REVIEW, 2) SALARIES OF INDIVIDUALS IN SIMILAR POSITIONS, AS DOCUMENTED BY SALARY SURVEYS RECEIVED AND/OR PURCHASED EACH YEAR FROM THE GREATER PHILADELPHIA CULTURAL ALLIANCE, THE ASSOCIATION OF ART MUSEUM DIRECTORS, THE AMERICAN ASSOCIATION OF MUSEUMS, AND FORMS 990 OF OTHER ORGANIZATIONS, 3) THE FINANCIAL POSITION OF THE MUSEUM ITSELF. ALL OF THE MEMBERS OF THESE TWO COMMITTEES ARE INDEPENDENT DIRECTORS OF THE ORGANIZATION. FOR THE COMPENSATION LEVELS OF KEY STAFF MEMBERS, THE SAME PROCEDURE IS FOLLOWED, BUT WITH THE ADDITIONAL PARTICIPATION AND RECOMMENDATIONS OF THE EXECUTIVE DIRECTOR, BASED ON HIS OWN PERFORMANCE REVIEWS OF THOSE INDIVIDUALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES CERTAIN OF ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION, BY-LAWS, DEED OF TRUST) AVAILABLE TO THE PUBLIC ON REQUEST IT DOES NOT MAKE MINUTES OF MEETINGS OF THE BOARD OF TRUSTEES AND ITS COMMITTEES PUBLIC, NOR INTERNAL FINANCIAL STATEMENTS AND PROJECTIONS. SIMILARLY, THE MUSEUM MAKES COPIES OF ITS POLICY ON CONFLICTS OF INTEREST AVAILABLE TO THE PUBLIC ON REQUEST, BUT NOT THOSE COPIES ACTUALLY SIGNED BY BOARD AND STAFF MEMBERS. FINALLY, THE MUSEUM MAKES AUDITED FINANCIALS STATEMENTS AND FORMS 990 AVAILABLE BY REQUEST (THE FORMS 990 ARE ALSO AVAILABLE ON THE WEBSITES OF THIRD-PARTY ORGANIZATIONS SUCH AS GUIDESTAR). IN ADDITION, THE MUSEUM PRODUCES AN ANNUAL REPORT WITH SUMMARY FINANCIAL INFORMATION DERIVED FROM THE INDEPENDENT AUDIT AND A REVIEW OF THE ACTIVITIES THE ORGANIZATION HAS UNDERTAKEN IN THE PRECEDING YEAR. ANNUAL REPORTS ARE AVAILABLE THROUGH THE MUSEUMS WEBSITE OR CAN BE MAILED TO THOSE PERSONS WHO REQUEST A PRINTED COPY. THE FREE LIBRARY OF PHILADELPHIA FOUNDATION 1901 VINE STREET PHILADELPHIA PA 191031189 521173474 TO RUN OPERATIONS OF THE LIBRARY PA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1