PRESERVATION ALLIANCE FOR GREATER PHILADELPHIA

EIN: 232106589 501(c)(3) Arts, Culture & Humanities

PHILADELPHIA, PA

Total Revenue
$1,593,749
Total Expenses
$931,154
Total Assets
$1,907,884
Net Assets
$1,469,838
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
PA
Principal Officer
PAUL STEINKE
Phone
2155461146
Tax Period
2023-01-01 to 2023-12-31

PRESERVATION ALLIANCE FOR GREATER PHILADELPHIA, founded in 1981, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $663K, a strong 42% operating margin.

Mission

Historic Preservation - To actively promote the appreciation, protection, and appropriate use and development of the Philadelphia regions historic buildings communities and landscapes. (See complete Mission statement in Schedule O)

Program Service Accomplishments

Program 1
Expenses: $357,392 Revenue: $38,427

Historic Preservation Promotion: Various initiatives and projects actively promote the appreciation, protection and appropriate use and development of historic buildings, communities and landscapes...

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Historic Preservation Promotion: Various initiatives and projects actively promote the appreciation, protection and appropriate use and development of historic buildings, communities and landscapes, through advocacy, education, and surveying of historic resources in the City. This program also includes Architectural Walking Tours, Young Friends of the Preservation Alliance the Preservation Achievement Awards program, Extant magazine, newsletter, and certain portions of the Alliance website, which showcases current issues and best practices.

Program 2
Expenses: $106,909 Revenue: $0

Preservation Easement Program: The Alliance accepts preservation easements on historic properties and sites to ensure protection of those properties and sites in perpetuity. The easement program has...

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Preservation Easement Program: The Alliance accepts preservation easements on historic properties and sites to ensure protection of those properties and sites in perpetuity. The easement program has been employed throughout the Philadelphia region since 1979. The organization currently holds 243 easements in Pennsylvania, Connecticut, New Jersey and Maryland; most are in the Philadelphia area.

Program 3
Expenses: $45,653 Revenue: $16,155

Neighborhood Walking Tours: The Preservation Alliances guided walking tours interpret the past, present and future of the Philadelphia region as expressed through architecture design and social...

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Neighborhood Walking Tours: The Preservation Alliances guided walking tours interpret the past, present and future of the Philadelphia region as expressed through architecture design and social history. The tour program is comprised of regularly scheduled architectural walking tours, private tours, and one- time special events showcasing locations that normally are not accessible. The Architectural Walking tour program offers 60 different tours, with over 100 tours offered per season by approximately 30 volunteer guides. Approximately 1000 people a year take the tours.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,482,010
Program Service Revenue $54,582
Investment Income $30,509
Other Revenue $26,648
TOTAL REVENUE $1,593,749

Expense Breakdown

Grants Paid $0
Salaries & Benefits $531,809
Fundraising Expenses $287,830
Program Expenses $509,954
Other Expenses $399,345
TOTAL EXPENSES $931,154

Year-over-Year Comparison

2023 2022 Change
Revenue $1,593,749 $888,820 +0.8%
Expenses $931,154 $868,428 +0.1%
Net Income $662,595 $20,392 +31.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
21
Employees
12
Volunteers
35

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$187,327
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Powers Board Chair 4.00
Officer Director
$0 $0 $0
Francesca Ammon Co Vice Chair 4.00
Officer Director
$0 $0 $0
Ian Smith Co Vice Chair 4.00
Officer Director
$0 $0 $0
Joseph W Schick Treasurer 4.00
Officer Director
$0 $0 $0
David Brownlee Secretary 4.00
Officer Director
$0 $0 $0
Stephanie Craighead Board Member 2.00
Director
$0 $0 $0
William CumbyJr Board Member (until June23) 2.00
Director
$0 $0 $0
Gregory L DeShields Board Member 2.00
Director
$0 $0 $0
Barbara Eberlein Board Member 2.00
Director
$0 $0 $0
Nancy Goldenberg Board Member 2.00
Director
$0 $0 $0
John M Hanson Board Member 2.00
Director
$0 $0 $0
Donna Ann Harris Board Member 2.00
Director
$0 $0 $0
Russell H Harris Board Member 2.00
Director
$0 $0 $0
Doug Jordan Board Member 2.00
Director
$0 $0 $0
Kevin T King Jr Board Member 2.00
Director
$0 $0 $0
Marian Kornilowicz Board Member 2.00
Director
$0 $0 $0
Labaron Lenard-Palmer Board Member (until June23) 2.00
Director
$0 $0 $0
Betty Marmon Board Member (until June23) 2.00
Director
$0 $0 $0
Sylvia Watts McKinney Board Member (until June23) 2.00
Director
$0 $0 $0
Christopher Miller Board Member 2.00
Director
$0 $0 $0
Anthony Naccarato Board Member 2.00
Director
$0 $0 $0
Carolina Pena Board Member 2.00
Director
$0 $0 $0
Alyssa Pizzi Board Member 2.00
Director
$0 $0 $0
Allyson Schwartz Board Member 2.00
Director
$0 $0 $0
Leah Silverstein Board Member 2.00
Director
$0 $0 $0
Yue Wu Board Member (until Jan23) 2.00
Director
$0 $0 $0
Paul Steinke Executive Director 40.00
Officer
$169,362 $17,965 $187,327
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,593,749 $931,154 $1,907,884 $662,595
2022 $888,820 $868,428 $1,044,941 $20,392
2021 $795,222 $837,197 $976,284 $-41,975
2020 $733,492 $687,053 $1,006,799 $46,439
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