Civic Intelligence

The Masonic Library and Museum of Pennsylvania C/O Masonic Temple

990 • Fiscal year 2018 • EIN 23-2608317

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 16, 2019

One North Broad StreetPhiladelphia, PA 19107

(215) 988-1932

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.22x

Higher debt load relative to assets than 51% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

80th percentile

1.03x

Higher debt load relative to revenue than 80% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

56th percentile

4.9%

Higher net margin than 56% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

66th percentile

$227,320

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

22nd percentile

-4.3%

Faster asset growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

8.8%

Faster revenue growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Down

$19,407,267

Down $876,110 (-4.3%) from 2017

Net Assets

Down

$15,065,879

Down $870,263 (-5.5%) from 2017

Liabilities

Down

$4,341,388

Down $5,847 (-0.1%) from 2017

Revenue

Up

$4,215,704

Up $340,786 (+8.8%) from 2017

Expenses

Up

$4,009,082

Up $366,404 (+10%) from 2017

Net Income

Down

$206,622

Down $25,618 (-11%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $13,105,772Liabilities 2010: $3,857,005Net Assets 2010: $9,248,7672010Assets 2011: $12,746,254Liabilities 2011: $3,846,838Net Assets 2011: $8,899,4162011Assets 2012: $13,000,002Liabilities 2012: $3,969,729Net Assets 2012: $9,030,2732012Assets 2013: $13,500,532Liabilities 2013: $4,196,553Net Assets 2013: $9,303,9792013Assets 2014: $13,055,641Liabilities 2014: $4,099,986Net Assets 2014: $8,955,6552014Assets 2015: $17,647,525Liabilities 2015: $4,166,488Net Assets 2015: $13,481,0372015Assets 2016: $19,116,189Liabilities 2016: $4,246,312Net Assets 2016: $14,869,8772016Assets 2017: $20,283,377Liabilities 2017: $4,347,235Net Assets 2017: $15,936,1422017Assets 2018: $19,407,267Liabilities 2018: $4,341,388Net Assets 2018: $15,065,8792018Assets 2019: $21,129,055Liabilities 2019: $621,840Net Assets 2019: $20,507,2152019Assets 2020: $21,556,050Liabilities 2020: $956,953Net Assets 2020: $20,599,0972020Assets 2021: $22,455,436Liabilities 2021: $664,544Net Assets 2021: $21,790,8922021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2018

Assets$19,407,267
Liabilities$4,341,388
Net Assets$15,065,879

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $2,954,3952010Revenue 2011: $2,687,827Expenses 2011: $2,896,745Net Income 2011: -$208,9182011Expenses 2012: $2,835,0212012Revenue 2013: $3,054,998Expenses 2013: $3,000,241Net Income 2013: $54,7572013Revenue 2014: $2,851,339Expenses 2014: $3,136,673Net Income 2014: -$285,3342014Revenue 2015: $7,942,958Expenses 2015: $3,215,636Net Income 2015: $4,727,3222015Revenue 2016: $4,822,349Expenses 2016: $3,342,589Net Income 2016: $1,479,7602016Revenue 2017: $3,874,918Expenses 2017: $3,642,678Net Income 2017: $232,2402017Revenue 2018: $4,215,704Expenses 2018: $4,009,082Net Income 2018: $206,6222018Revenue 2019: $8,018,130Expenses 2019: $3,546,287Net Income 2019: $4,471,8432019Revenue 2020: $3,187,262Expenses 2020: $3,859,695Net Income 2020: -$672,4332020Revenue 2021: $4,692,168Expenses 2021: $3,673,881Net Income 2021: $1,018,2872021Revenue 2022: $4,142,050Expenses 2022: $3,864,463Net Income 2022: $277,5872022

Highlighted filing

2018

Revenue$4,215,704
Expenses$4,009,082
Net Income$206,622
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 16, 2019
Return Version
2018v3.1
Gross Receipts
$4,262,705
Mission and Program Overview

Mission

To maintain and operate a library and museum for the use of freemasons and the general public consisting of and displaying items related to freemasonry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,802,875$10,424,335▼ $378,540
Investments Other Securities$8,769,991$8,199,786▼ $570,205
Cash and Non-Interest-Bearing Accounts$73,933$494,222▲ $420,289
Prepaid Expenses and Deferred Charges$67,797$110,595▲ $42,798
Pledges and Grants Receivable$145,966$82,151▼ $63,815
Inventories for Sale or Use$75,906$72,977▼ $2,929
Accounts Receivable$29,090$5,760▼ $23,330
Total Assets$20,283,377$19,407,267▼ $876,110
Other Assets Total$317,819$17,441▼ $300,378
Liabilities
Accounts Payable and Accrued Expenses$3,890,949$4,062,084▲ $171,135
Other Liabilities$235,534$196,303▼ $39,231
Mortgage Notes Payable Secured by Investment Property$220,752$83,001▼ $137,751
Total Liabilities$4,347,235$4,341,388▼ $5,847
Net Assets / Fund Balance
Unrestricted Net Assets$7,547,499$7,124,104▼ $423,395
Permanently Rstr Net Assets$6,200,720$6,242,434▲ $41,714
Temporarily Rstr Net Assets$2,187,923$1,699,341▼ $488,582
Total Net Assets Fund Balance$15,936,142$15,065,879▼ $870,263
Total Liabilities and Net Assets / Fund Balance$20,283,377$19,407,267▼ $876,110

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,424,335$5,092,243$15,516,578
Other Securities$305,516--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$7,955,266$41,714▼ $369,568$-194,277$7,433,135
2017$7,004,776$9,400▲ $1,121,652$-180,562$7,955,266
2016$6,534,457$243,870▲ $333,467$-107,018$7,004,776
2015$2,403,909$4,238,777▲ $94$-108,323$6,534,457
2014$2,341,738$-5,358▲ $106,529$-39,000$2,403,909
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark a HainesR.w.g.s., Di--$227,320$227,320
Daniel HindsSuperintendeFT$127,724$38,015$165,739
Mark a HainesR.w.g.s., Director-$127,724$38,015$165,739
S Eugene HerrittR.w.g.m., Ch--$145,001$145,001
Robert DunkleIt MembershiFT$115,914$22,609$138,523
Jeffrey M WonderlingR.w.s.g.w.,--$50,000$50,000
Larry a DerrR.w.j.g.w.,--$50,000$50,000
Thomas Gamon IvR.w.d.g.m.,--$50,000$50,000
Jeffrey W CoyR.w.g.t., Di--$25,000$25,000
Adam C HeeseR.w.g.t., Di--$12,500$12,500

Board Members and Trustees

NameTitle
Jay SmithR.w.p.g.m, D
Robert J BatemanR.w.p.g.m.,
Ronald a Aungst SrR.w.p.g.m.,
Stephen GardnerR.w.p.g.m.,
Thomas W JacksonR.w.p.g.s.,
Daniel HindsSuperintendent

Highest Paid Contractors

ContractorServicesLocationCompensation
Elliott LewisHvac Contractor2900 BLACK LAKE PLACE, Philadelphia, PA 19154$282,454
Revenue and Support

Revenue Composition

Contributions and Grants
$2,842,494
Program Service Revenue
$0
Investment Income
$685,365
Other Revenue
$687,845
All Other Contributions
$362,220
Change in Net Assets
$206,622

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,215,704
Revenue Not Reported on Form 990
$47,001
Total Revenue per Audited Statements
$4,262,705
Total Revenue per Form 990
$4,215,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,465,381
Salaries, Compensation, and Employee Benefits$1,543,701
Total Fundraising Expense$19,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$916,641$226,938-$1,143,579
Depreciation Depletion$595,940--$595,940
Other Employee Benefits$295,347$19,943-$315,290
Insurance$292,908$14,520-$307,428
Occupancy$260,322$32,252-$292,574
All Other Expenses$133,376$31,851$7,429$172,656
Payroll Taxes$84,832--$84,832
Other Expenses$72,924--$72,924
Advertising$59,069--$59,069
Fees for Services Other-$14,007$11,591$25,598
Travel$20,570--$20,570
Fees for Services Accounting-$15,300-$15,300
Interest-$5,291-$5,291
Office Expenses$5,183--$5,183
Fees for Services Legal$4,157--$4,157
Conferences and Meetings$476--$476
Total Functional Expenses$3,629,960$360,102$19,020$4,009,082

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,056,083
Expenses per Audited Statements$4,009,082
Total Expenses per Form 990$4,009,082
Expenses Not Reported on Form 990$47,001
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,160
Fundraising Direct Expenses$16,995
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Clay Shoot$33,160$33,160$16,995$16,165
Total Events$33,160$33,160$16,995$16,165
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuities Payable$117,024
Due to Grand Lodge Perm Restricted$75,000
Due to Masonic Villages$4,279
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The sole member of the corporation (library and museum) is the grand lodge of free and accepted masons of pennsylvania.

Form 990, Page 6, Part VI, Line 7A

The maximum number of members of the library and museum's board of directors is thirteen. The six grand lodge officers and up to seven other members of the board of directors are appointed by the grand master.

Form 990, Page 6, Part VI, Line 7B

The maximum number of members of the library and museum's board of director's is thirteen. The six grand lodge officers and up to seven other members of the board of directors are appointed by the grand master.

Form 990, Page 6, Part VI, Line 11B

A draft of the form 990 is reviewed by the right worshipful grand treasurer of the parent (grand lodge), the finance office staff, and the officer signing the form 990 before filing.

Form 990, Page 6, Part VI, Line 12C

The organization has adopted a policy requiring a director to advise the board chair or board if a potential conflict of interest exists. The board chair or board will then determine if an actual conflict of interest exists. The affected member will abide by their decision related to the decision. When a conflict of interest does exist, the affected board member is not allowed to vote on the respective matter.

Form 990, Page 6, Part VI, Line 17

Maryland, massachusetts, michigan, minnesota, mississippi, missouri, new hampshire, new jersey, new mexico, new york, north carolina, north dakota, ohio, oklahoma, oregon, pennsylvania, rhode island, south carolina, tennessee, utah, virginia, washington, west virginia, wisconsin

Form 990, Page 6, Part VI, Line 19

Upon request to the organization, the applicable document is made available to the individual to review.

Filing and Contact Details

Filer

Filer Name
The Masonic Library and Museum of
EIN
23-2608317
Phone
2159881932
Address
ONE NORTH BROAD STREET, PHILADELPHIA, PA 19107
Doing Business As
Co Mr Harry Rutter Controller

Signing Officer

Name
S Eugene Herritt
Title
R.w.g.m., Chairman
Phone
2159881932
Signed
2019-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
S Eugene Herritt Rwgm
Formed
1990
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
5
Employees
49

Preparer

Firm
Smith Elliott Kearns & Company LLC
Address
19 BROOKWOOD AVE STE 101, CARLISLE, PA 17015
Preparer
Gregory P Hall CPA
Phone
7172439104
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Maintained and operated the masonic museum and temple at an annual operating cost of approximately 2.5 million in 2018. The masonic museum and temple is a registered national historical landmark built in 1868 and covers approximately 80,000 square feet. It contains seven lodge halls, each done in a different historical architectural style. The masonic library and museum of pennsylvania houses over 135,000 objects and serves as a popular resource for research and reference concerning masonic history. The museum collection includes over 30,000 items. The library houses over 75,000 volumes and an additional 30,000 documents and manuscripts. The museum actively collects art and artifacts of historical interest, while presenting displays and managing exhibits that enrich a sense of masonic history. Maintained and operated the circulating library of books and periodicals at the masonic temple. Circulated 117 books from the library in 2018. Library staff responded to over 500 inquiries (primarily genealogical) from various researchers and catalogued 1,936 books, manuscripts, and other publications. Conducted tours of the masonic temple for over 14,000 visitors. The masonic temple was open to the general public five days a week throughout the year. Conducted the academy of masonic knowledge. Offered online courses in masonic law, mentor program, masonic history and pennsylvania masonic youth foundation along with regional workshops on masonic education. During 2018 the library began digitizing and indexing masonic membership books to improve access to the information while preserving the original paper documents.

Form 990, Part XI, Line 9

Cost of goods sold 30,006 clay shoot 16,995 cost of goods sold -30,006 clay shoot -16,995

Financial Statement Notes

Schedule D, Page 1, Part III, Line 1A

Since the values of existing inexhaustible collections, including books and artifacts, are not readily determinable, masonic library and museum has not capitalized them. Books used in the circulating library have not been capitalized because their estimated useful lives are less than one year. The librarian is repsonsible for the purchasing of books, cataloging material, and assisting all who wish to use the library for the purpose of research or pleasure. The curator of the museum handles, stores and displays items that comprise the collection. In addition, it is the curator's responsibility to implement all procedures governing the documentation of the museum pieces. The executive director of the masonic library and museum, with the input from the librarian and curator, advises the board of directors. It is their responsibility to establish policies, which in turn, govern the collection.

Schedule D, Page 2, Part III, Line 4

The masonic library, founded in 1817, is considered one of the finest collections for the study of freemasonry. It holds 75,000 volumes, 30,000 documents and manuscripts, and a vast number of print and photographic works. One treasure is benjamin franklin's 1734 printing of the "constitutions of freemasons", the first masonic book printed in america. The collection is available for public use within the building. Pennsylvania masons may borrow books from the circulation library. The masonic museum was founded in 1908 and dedicated by brother john wanamaker, a prominent philadelphia merchant who served as the first chairman of the library committee. The museum's collection consists of more than 30,000 items. Some prominent pieces on display are the masonic apron presented by brother marquis de lafayette to brother george washington, and brother benjamin franklin's 1779 masonic sash. There are also hundreds of portraits and various other works of art, including statuary, antique glass, porcelain, china, antiquities, jewelry, regalia, timepieces, curiosa and masonic history.

Schedule D, Page 2, Part V, Line 4

Endowments are used for specific purposes as allowed by the endowments.

Schedule D, Page 3, Part X

Masonic library and museum is a not-for-profit entity as described in section 501(c)(3) of the internal revenue code, is exempt from income taxes on related activities pursuant to section 509(a) of the code, and files a form 990, return of organization exempt from income tax. The form 990 is generally subject to examination for a period of three years after the returns are filed. Masonic library and museum is classified as a public charity.

Schedule D, Page 4, Part XI, Line 2D

Cost of goods sold 30,006 clay shoot 16,995

Schedule D, Page 4, Part XII, Line 2D

Cost of goods sold 30,006 clay shoot 16,995

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IRS990/Desc0MAINTAINED AND OPERATED THE MASONIC MUSEUM AND TEMPLE AT AN ANNUAL OPERATING COST OF APPROXIMATELY 2.5 MILLION IN 2018. THE MASONIC MUSEUM AND TEMPLE IS A REGISTERED NATIONAL HISTORICAL LANDMARK BUILT IN 1868 AND COVERS APPROXIMATELY 80,000 SQUARE FEET. IT CONTAINS SEVEN LODGE HALLS, EACH DONE IN A DIFFERENT HISTORICAL ARCHITECTURAL STYLE. THE MASONIC LIBRARY AND MUSEUM OF PENNSYLVANIA HOUSES OVER 135,000 OBJECTS AND SERVES AS A POPULAR RESOURCE FOR RESEARCH AND REFERENCE CONCERNING MASONIC HISTORY. THE MUSEUM COLLECTION INCLUDES OVER 30,000 ITEMS. THE LIBRARY HOUSES OVER 75,000 VOLUMES AND AN ADDITIONAL 30,000 DOCUMENTS AND MANUSCRIPTS. THE MUSEUM ACTIVELY COLLECTS ART AND ARTIFACTS OF HISTORICAL INTEREST, WHILE PRESENTING DISPLAYS AND MANAGING EXHIBITS THAT ENRICH A SENSE OF MASONIC HISTORY. MAINTAINED AND OPERATED THE CIRCULATING LIBRARY OF BOOKS AND PERIODICALS AT THE MASONIC TEMPLE. CIRCULATED 117 BOOKS FROM THE LIBRARY IN 2018. LIBRARY STAFF RESPONDED TO OVER 500 INQUIRIES (PRIMARILY GENEALOGICAL) FROM VARIOUS RESEARCHERS AND CATALOGUED 1,936 BOOKS, MANUSCRIPTS, AND OTHER PUBLICATIONS. CONDUCTED TOURS OF THE MASONIC TEMPLE FOR OVER 14,000 VISITORS. THE MASONIC TEMPLE WAS OPEN TO THE GENERAL PUBLIC FIVE DAYS A WEEK THROUGHOUT THE YEAR. CONDUCTED THE ACADEMY OF MASONIC KNOWLEDGE. OFFERED ONLINE COURSES IN MASONIC LAW, MENTOR PROGRAM, MASONIC HISTORY AND PENNSYLVANIA MASONIC YOUTH FOUNDATION ALONG WITH REGIONAL WORKSHOPS ON MASONIC EDUCATION. DURING 2018 THE LIBRARY BEGAN DIGITIZING AND INDEXING MASONIC MEMBERSHIP BOOKS TO IMPROVE ACCESS TO THE INFORMATION WHILE PRESERVING THE ORIGINAL PAPER DOCUMENTS.
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