2025-02-27T06:51:30-06:00 2024-06-30 BDO USA 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2023-07-01 832372645 FAITH AND LIBERTY DISCOVERY CENTER LLC % MATT MUSGNUNG FAIT 2153090900 101 N INDEPENDENCE MALL EAST Philadelphia PA 19106 MATTHEW MUSGNUNG TREASURER 2153090900 2025-02-26 true true Marc Berger P01871563 7038930600 2023 2025-03-06 01:10:19Z JENNIFER HOLLORAN 101 N INDEPENDENCE MALL EAST Philadelphia PA 19106 3611486 false X WWW.FAITHANDLIBERTY.ORG X 2018 DE SEE SCHEDULE O 4 0 38 0 6821 0 6829653 3301327 50967 57952 0 0 107497 -40695 6988117 3318584 0 0 0 0 2429784 2568887 0 0 3443 9751338 9525956 12181122 12094843 -5193005 -8776259 77919177 16120680 49535515 46512091 28383662 -30391411 X FLDC EXPLORES THE RELATIONSHIP BETWEEN FAITH AND LIBERTY IN AMERICA FROM ITS FOUNDING TO TODAY, BY ILLUMINATING THE INFLUENCE OF THE BIBLE ON INDIVIDUALS IN KEY HISTORICAL AND PERSONAL MOMENTS. false true 10206966 0 57952 THE FAITH AND LIBERTY DISCOVERY CENTER IS A HIGH-TECH AND HIGH-TOUCH ATTRACTION LOCATED IN PHILADELPHIA, AMERICA'S FOUNDING CITY. IT HAS BEEN DESIGNED TO GUIDE THE VISITOR IN A PERSONAL EXPLORATION OF THE RELATIONSHIP BETWEEN FAITH AND LIBERTY IN THE AMERICAN EXPERIENCE BY ILLUMINATING THE INFLUENCE OF THE BIBLE ON INDIVIDUALS IN KEY HISTORICAL AND PERSONAL MOMENTS. THE CENTER'S GALLERIES AND EXHIBITS REVEAL PERSONAL STORIES OF HOW FAITH GUIDES LIBERTY TOWARD JUSTICE. AMERICAN VALUES LIKE FAITH, LIBERTY, JUSTICE, HOPE, UNITY AND OVE HAVE SHAPED OUR COUNTRY AND FORMED US AS A PEOPLE. THESE SAME VALUES HAVE MOTIVATED SOME OF OUR GREATEST CULTURAL MOMENTS AND POLITICAL ACHIEVEMENTS FROM INDEPENDENCE TO EMANCIPATION, TO WOMEN'S SUFFRAGE AND TO CIVIL RIGHTS. AND THESE VALUES HAVE PULLED US THROUGH THE NATION'S DARKEST DAYS OF WAR, DOMESTIC STRIFE, AND TERRORIST ATTACKS. VISITORS TO THE FAITH AND LIBERTY DISCOVERY CENTER ARE ENCOURAGED TO EXPLORE THESE VALUES, THEIR SOURCE, AND THE INCREDIBLE LIVES OF PEOPLE THEY HAVE INSPIRED FROM AMERICA'S FOUNDING THROUGH TODAY. 10206966 true true false false false false false true false false true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 14 0 38 true true true false false false false false false false false false false false X 4 0 false false false false true true true true false false false true true true true false false false false false PA X X MATT MUSGNUNG 2153090900 101 NORTH INDEPENDENCE MALL EAST PHILADELPHIA PA 19106 ROBERT BRIGGS CEO 5.0 40.0 X 0 300000 27858 PAUL CLECKNER INTERIM CEO (THRU 11/23) 5.0 40.0 X X 0 282176 22420 ROBERT WONDERLING CHIEF ADVANCEMENT OFFICER 40.0 5.0 X 205600 0 86354 MATTHEW MUSGNUNG TREASURER 5.0 40.0 X X 0 168090 50312 DANIEL E CORTI DIRECTOR, FLDC (THRU 04/24) 40.0 0.0 X 158866 0 25669 JAMES PUCHY CHIEF ADMINISTRATIVE OFFICER 5.0 40.0 X X 0 134581 45846 JOHN PLAKE CHIEF INNOVATION OFFICER 5.0 40.0 X X 0 118609 51284 DARRIN PODESCHI INTERIM CEO (THRU 02/24) 5.0 40.0 X X 0 81447 6762 JENNIFER HOLLORAN CEO (AS OF 03/24) 5.0 40.0 X X 0 0 0 364466 1084903 316505 2 true true false PUNCH INNOVATIONS LLC 640 FREEDOM BUSINESS CTR DRIVE ST KING OF PRUSSIA PA 194061332 MARKETING SERVICES 1073533 ABM INDUSTRY GROUPS LLC 1650 ARCH STREET SUITE 2200 PHILADELPHIA PA 191032041 MAINTENANCE SERVICES 306776 OPS SECURITY GROUP 1500 S COLUMBUS BLVD STREET 6 PHILADELPHIA PA 191475504 SECURITY SERVICES 143914 ZENITH SYSTEMS LLC 5055 CORBIN DR CLEVELAND OH 441285462 TECHNOLOGY CONSULT. 129500 LOCAL PROJECTS LLC 123 WILLIAM STREET RM 801 NEW YORK NY 100383825 EXHIBIT MAINTENANCE 122771 8 3295669 5658 3301327 ADMISSION TICKET SALES 712110 41335 41335 MISC. PROGRAM REVENUE 900099 16617 16617 57952 0 0 0 219948 268779 -48831 0 -48831 -48831 0 0 0 0 0 0 0 32259 24123 8136 6821 1315 0 3318584 57952 6821 -47516 0 0 0 0 403849 403849 0 1483131 830328 650281 2522 71899 71899 610008 377476 231611 921 0 0 21155 12571 8584 0 0 0 0 563367 563367 0 0 363704 363704 71788 70933 855 57204 57204 0 1654244 1236141 418103 30367 30367 0 3592 3592 590882 15882 575000 0 5327722 5327722 154100 154100 EQUIP, REPAIRS AND RENT 687831 687831 12094843 10206966 1884434 3443 2385487 260032 0 0 0 0 0 0 0 0 0 0 0 0 50611 0 133899 93757 57757882 56263457 44495292 1494425 0 0 0 0 0 0 0 0 30853888 14272466 77919177 16120680 526736 352250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 49008779 46159841 49535515 46512091 X 28383662 -30391411 0 0 28383662 -30391411 77919177 16120680 X -8776259 -49998814 X false true X true false X 0 36435481 14931187 6829653 3301327 61497648 0 0 0 36435481 14931187 6829653 3301327 61497648 0 61497648 0 0 0 196946 219948 416894 0 0 0 9592 6821 16413 0 61930955 216416 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 38242135 38135511 106624 5989966 4699077 1290889 13525781 13428869 96912 1494425 LEASE RIGHT OF USE ASSET 11310209 RECEIVABLE FROM AFFILIATE 2962257 14272466 0 LEASE LIABILITY OPERATING LEASE 27884844 PAYABLE TO AMERICAN BIBLE SOCIETY 18274997 46159841 X SCHEDULE D, PART III, LINE 4: THE ORGANIZATION DISPLAYS HISTORICALLY SIGNIFICANT VERSIONS OF THE BIBLE AND OTHER ARTIFICATS THAT DEMONSTRATE THE BIBLE'S INFLUENCE ON OUR COUNTRY FROM ITS FOUNDING THROUGH PRESENT DAY. SCHEDULE D, PART X, LINE 2: THE ORGANIZATION IS INCLUDED WITHIN THE CONSOLIDATED FINANCIAL STATEMENT OF AMERICAN BIBLE SOCIETY (THE SOCIETY). THE SOCIETY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. true false false false false false false false false ROBERT BRIGGS CEO 0 300000 0 0 0 0 0 0 0 27858 0 327858 0 0 PAUL CLECKNER INTERIM CEO (THRU 11/23) 0 277692 0 0 0 4484 0 21154 0 1266 0 304596 0 0 ROBERT WONDERLING CHIEF ADVANCEMENT OFFICER 202693 0 0 0 2907 0 16644 16644 26533 26533 248777 43177 0 0 MATTHEW MUSGNUNG TREASURER 0 167298 0 0 0 792 0 13447 0 36865 0 218402 0 0 DANIEL E CORTI DIRECTOR, FLDC (THRU 04/24) 158376 0 0 0 490 0 12854 0 12815 0 184535 0 0 0 JAMES PUCHY CHIEF ADMINISTRATIVE OFFICER 0 128350 0 0 0 6231 0 19116 0 26730 0 180427 0 0 JOHN PLAKE CHIEF INNOVATION OFFICER 0 117024 0 0 0 1585 0 14246 0 37038 0 169893 0 0 SCHEDULE J, PART I, LINE 3: ALL COMPENSATION TO OFFICERS REPORTED ON PART VII AND SCHEDULE J OF THE ORGANIZATIONS 990 WAS DETERMINED AND PAID BY A RELATED ORGANIZATION, AMERICAN BIBLE SOCIETY. THE RELATED ENTITY CHECKS THE FOLLOWING BOXES FOR SCHEDULE J, QUESTION 3 ON ITS FORM 990: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. SCHEDULE J, PART I, LINE 4A: THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE: ROBERT BRIGGS $300,000 FORM 990, PART I, LINE 1: FLDC ENVISIONS A TRANSFORMED AMERICA A DAY WHEN ALL AMERICANS AND PEOPLE OF GOOD WILL FROM AROUND THE WORLD SHARE A COMMON UNDERSTANDING, KNOWLEDGE, AND APPRECIATION OF THE BIBLE'S INFLUENCE AS A CULTURAL FORCE IN SHAPING AMERICAN IDEALS, VALUES, AND INSTITUTIONS. FLDC EXPLORES THE RELATIONSHIP BETWEEN FAITH AND LIBERTY IN AMERICA FROM ITS FOUNDING TO TODAY, BY ILLUMINATING THE INFLUENCE OF THE BIBLE ON INDIVIDUALS IN KEY HISTORICAL AND PERSONAL MOMENTS. THE FLDC ACCOMPLISHES ITS MISSION THROUGH TWO PRIMARY INITIATIVES: (1) DISCOVERY CENTER FLDC STAFF WELCOME VISITORS INTO ITS HIGHLY INTERACTIVE AND IMMERSIVE CULTURAL ATTRACTION LOCATED ON INDEPENDENCE MALL IN PHILADELPHIA, AND VIRTUAL VISITORS TO ITS DIGITAL PLATFORM, FAITHANDLIBERTY. ORG. A TEAM OF STAFF OPERATE AND STEWARD THE EXPERIENCE AND ALSO OVERSEE A HYBRID INTERACTIVE RETAIL STORE WHERE DISCOVERY CENTER VISITORS AND OTHER CUSTOMERS CAN PURCHASE ITEMS RELATED TO THE FLDC EXPERIENCE. (2) FAITH AND LIBERTY EDUCATIONAL PROGRAMMING IN ADDITION, FDLC WILL OFFER WORLD-CLASS EDUCATIONAL PROGRAMMING AND PRODUCTS FOR SCRIPTURE ENGAGEMENT THAT FOSTER DISCOVERY, EXPLORATION, UNDERSTANDING, AND APPRECIATION OF THE BIBLE'S INFLUENCE IN AMERICAN CIVILIZATION. THE PLANNED PROGRAM OFFERINGS INCLUDE AFFILIATED SCHOLARS' PROGRAMS, LECTURES PROGRAMS, COLLOQUIA/ CONFERENCES PROGRAM, SEMINARS/ BRIEFINGS PROGRAM, FELLOWSHIP PROGRAM, INTERNSHIP PROGRAM, TEACHER INSTITUTE, INTERMEDIATE AND SECONDARY SCHOOL PROGRAMMING, INTERPRETIVE DRAMATIC AND PERFORMING ARTS PROGRAMS, AND EDUCATION PRODUCTS AND CURRICULA. THESE PROGRAMS AND ACTIVITIES WILL BE LED BY A COMBINATION OF VOLUNTEER AND STAFFED ADMINISTRATION, MANAGEMENT, EVENT PLANNING, CURRICULUM DEVELOPMENT, GUEST RELATIONS, RECRUITMENT, FACULTY, MENTORS, GUEST SCHOLARS, REENACTORS, AND INTERPRETERS, WRITERS AND CONTENT DEVELOPERS AND OTHER CONSULTANTS. FORM 990, PART III, LINE 3: IN FEBRUARY 2024, THE BOARD OF DIRECTORS OF THE AMERICAN BIBLE SOCIETY MADE THE STRATEGIC DECISION TO CLOSE THE PUBLIC-FACING OPERATIONS OF THE FAITH AND LIBERTY DISCOVERY CENTER ("FLDC") ON APRIL 1, 2024. THE INITIAL GOAL OF THE FLDC WAS TO "BUILD A SOCIAL MOVEMENT FOR THE BIBLE" BY CONNECTING, INSPIRING AND RESOURCING AMERICANS' KNOWLEDGE OF THE BIBLE AND ITS ROLE IN AMERICAN CIVIC HISTORY AND ITS ONGOING INFLUENCE TODAY. THE ORIGINAL STRATEGIC INITIATIVES WERE TO BUILD CONFIDENCE AND RELEVANCE OF THE BIBLE TO AMERICAN LIFE AND TRAIN A NETWORK OF BIBLE ADVOCATES (VIA THE MUSEUM AND OTHER INITIATIVES) AS WELL AS TO IDENTIFY LOCAL "CHANGEMAKERS" WHO WOULD BE INSPIRED BY THE BIBLE (VIA THE FLDC EXPERIENCE) TO WORK FOR A BETTER COMMUNITY. THIS ACTIVITY WOULD LEAD TO IMPACTFUL PROGRAM OUTCOMES INCLUDING LINKING THE "FAITH AND LIBERTY THEME" TO THE TEACHING OBJECTIVES OF PUBLIC AND PRIVATE SCHOOLS AS WELL AS INTEGRATING WITH OTHER ESTABLISHED ABS PROGRAMS TO PROMOTE BIBLE ENGAGEMENT ACROSS AMERICA. DUE TO SEVERAL UNFORESEEN CIRCUMSTANCES, ANNUAL VISITS TO THE MUSEUM FELL SIGNIFICANTLY SHORT OF THE ORIGINAL MARKET RESEARCH AND ESTIMATES. THE ATTENDANCE ESTIMATES THAT WERE USED FOR ANNUAL PROGRAM AND BUDGET FORECAST PURPOSES DID NOT INCORPORATE CHANGES IN THE FINAL DESIGN (FOOTPRINT) OF THE ATTRACTION, THE LACK OF A CHILDREN'S EXPERIENCE, AND OVERALL DECLINING TRENDS IN THE TRAVEL & TOURISM INDUSTRY THAT OCCURRED IN THE PANDEMIC AND POST-PANDEMIC PERIODS. FURTHER, THE COSTS TO MAINTAIN THE TECHNOLOGY NEEDED TO FACILITATE THE IMMERSIVE EXPERIENCE THAT THE FLDC PROVIDED WERE NOT SUSTAINABLE WITHOUT SIGNIFICANT INCREASES IN DONOR SUPPORT AND EXPANDED FUNDING FROM ABS. THE FLDC WAS A STATE OF THE ART, IMMERSIVE AND INTERACTIVE EXPERIENCE THAT REQUIRED LARGE FINANCIAL INVESTMENTS TO DESIGN, DEVELOP, AND MAINTAIN. AFTER EVALUATING SEVERAL SCENARIOS INCLUDING PARTNERSHIPS WITH OTHER ORGANIZATIONS TO REDUCE THE FINANCIAL AND OPERATING BURDENS, MANAGEMENT CONCLUDED THAT THE FINANCIAL INVESTMENTS REQUIRED TO MAINTAIN THE EXHIBIT INFRASTRUCTURE COULD BE MORE WISELY USED TO SUPPORT OTHER AREAS OF ABS' MINISTRY. THE ABS BOARD CONCLUDED THAT THE FLDC WAS NOT THE OPTIMAL ALIGNMENT OF ABS'S FUTURE CAPABILITIES OF CONVENING, THOUGHT LEADERSHIP AND RESOURCE PROVISION. THE ORIGINAL MISSION AND INTENDED OUTCOMES OF THE FLDC ARE CONTINUING THROUGH THE EXPANSION OF THE FAITH AND LIBERTY INITIATIVE ("FLI") PROGRAM. IN ITS EARLY STAGE OF DEVELOPMENT, THE FLI IS LEVERAGING THE EXISTING INTELLECTUAL PROPERTY CONTENT FROM THE FAITH AND LIBERTY DISCOVERY CENTER TO DEVELOP AN ARRAY OF PRODUCTS INCLUDING AN "AMERICA250" COMMEMORATIVE EDITION OF THE FAITH AND LIBERTY BIBLE, A FAITH AND LIBERTY HIGH SCHOOL COURSE SUITABLE FOR DISTRIBUTION TO PUBLIC AND FAITH-BASED SCHOOLS AND STUDENTS, AND A NATIONALLY RECOGNIZED FAITH AND LIBERTY PODCAST SERIES. THESE INITIATIVES WILL PROVIDE CONTINUING MOMENTUM IN ACHIEVING THE FLDC'S ORIGINAL MISSION OF EXPLORING THE RELATIONSHIP BETWEEN FAITH AND LIBERTY IN AMERICA FROM ITS FOUNDING TO TODAY, BY ILLUMINATING THE INFLUENCE OF THE BIBLE ON INDIVIDUALS IN KEY HISTORICAL AND PERSONAL MOMENTS. FORM 990, PART VI, SECTION A, LINE 6: AMERICAN BIBLE SOCIETY IS THE FILING ORGANIZATION'S SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A: THE BOARD OF MANAGERS SHALL CONSIST OF THREE OR MORE MANAGERS. THE BOARD OF DIRECTORS OF THE MEMBER SHALL HAVE THE SOLE RIGHT TO APPOINT INDIVIDUALS TO THE BOARD OF MANAGERS. AT LEAST TWO-THIRDS OF THE BOARD OF MANAGERS WILL BE MEMBERS OF THE ABS SENIOR LEADERSHIP TEAM; I.E., THE STAFF MEMBERS WHO PROVIDE EXECUTIVE OVERSIGHT OVER ABS. FORM 990, PART VI, SECTION A, LINE 7B: SUBJECT TO THE AUTHORITY OF THE MEMBER, THE BOARD OF MANAGERS SHALL MANAGE THE LLC'S BUSINESS AND AFFAIRS, AND MAY EXERCISE ALL OF THE RIGHTS, POWERS, AND AUTHORITIES OF THE CORPORATION UNDER THE ACT, AND DO ALL SUCH LAWFUL ACTS AND THINGS THAT ARE NOT PROHIBITED BY STATUTE, THE ARTICLES OF ORGANIZATION, OR BY THIS OPERATING AGREEMENT. FORM 990, PART VI, SECTION A, LINE 8B: THERE ARE CURRENTLY NO EXISTING COMMITTEES WITHIN THE GOVERNING BODY OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS REVIEWED BY THE BOARD OF MANAGERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: EMPLOYEES ARE REGULARLY COUNSELED BY THE MEMBER'S LEGAL COUNSEL STAFF IN CONFLICT OF INTEREST AWARENESS AND ARE REQUIRED TO FILE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ANNUALLY. CONFLICTS IDENTIFIED ARE INVESTIGATED BY THE MEMBER'S INTERNAL AUDIT AND LEGAL STAFF FOR RESOLUTION WITH MANAGEMENT AND THE BOARD OF MANAGERS. FORM 990, PART VI, SECTION B, LINE 15: ALL COMPENSATION TO TRUSTEES/DIRECTORS REPORTED ON PART VII AND SCHEDULE J OF THE ORGANIZATIONS 990 WAS DETERMINED AND PAID BY A RELATED ORGANIZATION, AMERICAN BIBLE SOCIETY (THE SOCIETY). THE SOCIETY DETERMINES THE EXECUTIVE COMPENSATION PAID TO ITS EXECUTIVES AND THE ORGANIZATION HAS ADOPTED THE PROCEDURES FOR IT'S EXECUTIVE IN THE FOLLOWING MANNER PRESCRIBED IN THE REGULATIONS. COMPENSATION FOR THE PRESIDENT & CEO IS DETERMINED BY THE BOARD OF DIRECTORS, AS FACILITATED BY THE CHAIRPERSON OF THE BOARD. THE CHAIRPERSON RELIES ON A NUMBER OF DIFFERENT SOURCES TO DETERMINE COMPENSATION, INCLUDING, BUT NOT LIMITED TO COMPENSATION BENCHMARK SURVEYS AND STUDIES, COMPENSATION PAID TO SIMILAR OFFICER AT SIMILAR INSTITUTIONS (I.E. BY REVIEWING THE FORM 990 OF OTHER ORGANIZATIONS), INCLUDING THOSE IN MAJOR URBAN CENTERS. RECOMMENDATIONS WERE BASED ON A COMPREHENSIVE STUDY LEVERAGING EXTERNAL, INDEPENDENT RESEARCH BY GUIDE STAR AND OTHER 3RD PARTY CONSULTING ORGANIZATIONS. THE CHAIRPERSON THEN RECOMMENDS THE CEO COMPENSATION TO THE FULL BOARD OF DIRECTORS FOR ITS APPROVAL. THE BOARD OF DIRECTORS' APPROVAL IS DOCUMENTED IN MINUTES. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS DETERMINED USING VARIOUS SOURCES BY HUMAN RESOURCES SUCH AS COMPENSATION SURVEYS AND STUDIES, INCLUDING INFORMATION ON FORM 990 OF OTHER ORGANIZATIONS AS WELL AS INDEPENDENT COMPENSATION STUDIES. HUMAN RESOURCES THEN OBTAINS APPROVAL FOR THE RECOMMENDED COMPENSATION FROM THE OFFICERS OR KEY EMPLOYEES' NEXT HIGHER LEVEL MANAGER. FINAL COMPENSATION AMOUNT IS THEN COMMUNICATED TO THE OFFICER OR KEY EMPLOYEE BY HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19: THE FAITH AND LIBERTY DISCOVERY CENTER MAKES ITS FORM 990 AVAILABLE ON THE WEBSITE WWW. AMERICANBIBLE. ORG. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENT ARE AVAILABLE UPON REQUEST, TO THE EXTENT REQUIRED BY LAW AND AT MANAGEMENT'S DISCRETION. FORM 990, PART XI, LINE 9: Impairment of long lived assets - $(49,998,814) AMERICAN BIBLE SOCIETY 101 N INDEPENDENCE MALL E FL8 PHILADELPHIA PA 19106 131623885 BIBLE ENGAGE NY 501(C)(3) LINE 7 NA false false false true false true false false false false false false false true false false false false true false