Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
INDUSTRIAL ARCHIVES & LIBRARY
 
Number and street (or P.O. box number if mail is not delivered to street address)18 W 4TH ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BETHLEHEM, PA180151604
A Employer identification number

47-3349032
B Telephone number (see instructions)

(610) 868-1115
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$19,889,226J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,460,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 362,232 353,632 353,632
5a Gross rents............ 111,678   111,678
b Net rental income or (loss) -1,341
6a Net gain or (loss) from sale of assets not on line 10 574,324
b Gross sales price for all assets on line 6a 1,861,852
7 Capital gain net income (from Part IV, line 2)... 583,066
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,097 0 234
12 Total. Add lines 1 through 11........ 3,511,331 936,698 465,544
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 120,000 0 0 120,000
14 Other employee salaries and wages...... 366,995 113 3,560 363,296
15 Pension plans, employee benefits....... 189,261 0 0 186,917
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
27,565 0 0 40,995
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
81,493 33,672 36,672 45,102
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
99,147 78,413 78,413 20,734
17 Interest............... 95,688 1,377 19,841 75,847
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
50,196 4,861 20,842 32,306
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
133,745 464 16,978
20 Occupancy.............. 115,077 659 19,539 117,100
21 Travel, conferences, and meetings....... 33,380 0 0 34,831
22 Printing and publications.......... 69 0 0 69
23 Other expenses (attach schedule)....... Click to see list of attachments
List of Attached Documents:
// Content
301,085 251 8,265 284,301
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,613,701 119,810 204,110 1,321,498
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 1,613,701 119,810 204,110 1,321,498
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,897,630
b Net investment income (if negative, enter -0-) 816,888
c Adjusted net income (if negative, enter -0-)... 261,434
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 570,925 391,704 391,704
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 69,429 70,848 70,848
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 13,892,820 Click to see attachment
List of Attached Documents:
// Content
14,558,504 		14,558,504
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow991,901
Less: accumulated depreciation (attach schedule) right arrow66,535 942,344 Click to see attachment
List of Attached Documents:
// Content
925,366 		1,051,833
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow4,069,804
Less: accumulated depreciation (attach schedule) right arrow442,421 1,156,856 Click to see attachment
List of Attached Documents:
// Content
3,627,383 		3,665,934
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
44,300 		Click to see attachment
List of Attached Documents:
// Content
150,403 		Click to see attachment
List of Attached Documents:
// Content
150,403
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,676,674 19,724,208 19,889,226
Liabilities 17 Accounts payable and accrued expenses.......... 59,568 35,812
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 1,400,000 1,400,000
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
29,907 		Click to see attachment
List of Attached Documents:
// Content
120,428
23 Total liabilities (add lines 17 through 22)......... 1,489,475 1,556,240
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 2,187,199 5,167,968
25 Net assets with donor restrictions............ 13,000,000 13,000,000
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 15,187,199 18,167,968
30 Total liabilities and net assets/fund balances (see instructions). 16,676,674 19,724,208
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
15,187,199
2
Enter amount from Part I, line 27a .....................
2
1,897,630
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,083,139
4
Add lines 1, 2, and 3 ..........................
4
18,167,968
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,167,968
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 226,785   228,370 -1,585
b 1,528,824   1,050,416 478,408
c 106,243     106,243
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -1,585
b       478,408
c       106,243
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 583,066
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 -1,585
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 11,355
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 11,355
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,355
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 10,580
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,580
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 53
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 6,172
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow6,172 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowPA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.INDUSTRIALARCHIVES.ORG
14
The books are in care ofright arrowINDUSTRIAL ARCHIVES & LIBRARY Telephone no.right arrow (610) 868-1115

Located atright arrow18 W 4TH STBETHLEHEMPA ZIP+4right arrow18015
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
KENNETH R SMITH CHAIRMAN/TRUSTEE
1.00 		0 0 0
18 W 4TH ST
BETHLEHEM,PA18015
STEPHEN G DONCHES PRESIDENT
40.00 		120,000 52,617 0
18 W 4TH ST
BETHLEHEM,PA18015
MICHAEL M ALBARELL TREASURER/TRUSTEE
1.00 		0 0 0
18 W 4TH ST
BETHLEHEM,PA18015
DAVID J MYERS SECRETARY/ASSISTANT TREASURER/TRUSTEE
1.00 		0 0 0
18 W 4TH ST
BETHLEHEM,PA18015
MICHAEL KORB TRUSTEE
1.00 		0 0 0
18 W 4TH ST
BETHLEHEM,PA18015
PEGGY P COOK TRUSTEE
1.00 		0 0 0
18 W 4TH ST
BETHLEHEM,PA18015
CHARLES COOK TRUSTEE
1.00 		0 0 0
18 W 4TH ST
BETHLEHEM,PA18015
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
ROBERT W BILHEIMER GENERAL MANAGER
40.00 		82,008 28,839 0
18 W 4TH ST
BETHLEHEM,PA18015
MELISSA NERINO ARCHIVIST
40.00 		73,008 17,754 0
18 W 4TH ST
BETHLEHEM,PA18015
NICHOLAS P ZMIJEWSKI ARCHIVIST
40.00 		76,680 12,150 0
18 W 4TH ST
BETHLEHEM,PA18015
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
BANK OF AMERICA INVESTMENT MANAGEMENT 78,413
PO BOX 653067
DALLAS,TX75265
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 INDUSTRIAL ARCHIVES & LIBRARY ("IAL") IS A NON-PROFIT 501(C)(3) PRIVATE OPERATING FOUNDATION ESTABLISHED JANUARY 1, 2015. IAL COLLECTS, CONSERVES AND PRESERVES HISTORIC RECORDS OF AMERICAN INDUSTRY FOR RESEARCH IN PERSON, AND ONLINE THROUGH ITS WEBSITE DEVELOPED TO FACILITATE ACCESSIBILITY FOR ALL INTERESTED HISTORIANS, SCHOLARS AND THE GENERAL PUBLIC. 1,293,118
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
14,551,702
b
Average of monthly cash balances.......................
1b
393,905
c
Fair market value of all other assets (see instructions)................
1c
1,075,704
d
Total (add lines 1a, b, and c).........................
1d
16,021,311
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
906,448
3
Subtract line 2 from line 1d.........................
3
15,114,863
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
226,723
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,888,140
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
744,407
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,321,498
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
43,700
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,365,198
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
2015-06-10
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
261,434 283,822 332,092 255,332 1,132,680
b 85% (0.85) of line 2a ......... 222,219 241,249 282,278 217,032 962,778
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		1,365,198 1,023,409 915,142 1,213,586 4,517,335
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		1,365,198 1,023,409 915,142 1,213,586 4,517,335
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		496,271 463,467 487,573 546,463 1,993,774
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Total .................................right arrow 3a 0
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 362,232  
5 Net rental income or (loss) from real estate:
aDebt-financed property...... 531110 -5,426 16 4,085  
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 574,324  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER REVENUE 		    01 234  
bIRS REFUND     01 3,652  
cLOSS ON DISPOSAL OF ASSETS     01 -789  
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -5,426 943,738 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
938,312
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
INDUSTRIAL ARCHIVES & LIBRARY
 
Employer identification number

47-3349032
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
INDUSTRIAL ARCHIVES & LIBRARY
  		Employer identification number
47-3349032
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
SUSAN H CUMINGS
PO BOX 399
 
SPRINGTOWN, PA18081

$ 2,460,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
INDUSTRIAL ARCHIVES & LIBRARY
  		Employer identification number

47-3349032
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 LAND AND STRUCTURES $ 2,460,000 2024-03-25
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
INDUSTRIAL ARCHIVES & LIBRARY
  		Employer identification number

47-3349032
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 81,493 33,672 36,672 45,102

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TY 2024 AmortizationSchedule
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
WEBSITE 2022-11-01 35,964 13,986 3.000000000000 11,987 0 0 25,973

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TY 2024 DepreciationSchedule
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
BUILDING - 18 W. FOURTH STREET 2015-01-01 710,000 163,844 SL 39.000000000000 18,205 0 0  
STORAGE RACKS 2015-07-01 2,079 1,768 SL 10.000000000000 208 0 0  
STORAGE RACKS 2015-12-01 3,690 2,982 SL 10.000000000000 369 0 0  
STORAGE RACKS 2016-02-01 3,356 2,659 SL 10.000000000000 336 0 0  
HEPA VACUUMS 2016-02-01 4,090 4,090 SL 4.000000000000 0 0 0  
HP WORKSTATIONS 2016-03-01 3,328 3,328 SL 4.000000000000 0 0 0  
EPSON PRINTER 2016-05-01 3,230 3,230 SL 4.000000000000 0 0 0  
FLAT FILE CABINET 2016-06-01 7,206 5,467 SL 10.000000000000 721 0 0  
STORAGE SYSTEM 2016-09-01 3,001 2,200 SL 10.000000000000 300 0 0  
GUILLOTINE PAPER TRIMMER 2017-01-01 2,976 2,085 SL 10.000000000000 298 0 0  
STORAGE RACKS 2017-06-01 15,168 9,987 SL 10.000000000000 1,517 0 0  
SCANPRO 3000 2017-12-01 52,004 31,634 SL 10.000000000000 5,200 0 0  
PCS FO SCAN PRO 3000 2017-12-01 6,153 6,153 SL 4.000000000000 0 0 0  
SANTA FE CLASSIC AIR SYSTEM 2017-08-01 3,675 2,359 SL 10.000000000000 368 0 0  
IMPROVED AIR SUPPLY SYSTEM 2017-08-01 4,880 3,131 SL 10.000000000000 488 0 0  
FLAT FILE CABINET 2018-06-01 4,781 2,669 SL 10.000000000000 478 0 0  
FLAT FILE CABINET 2018-06-01 3,041 1,697 SL 10.000000000000 304 0 0  
VIDEO EQUIPMENT - ORAL HISTORIES 2018-08-01 5,984 5,984 SL 5.000000000000 0 0 0  
FREEZER 2018-11-01 3,185 1,648 SL 10.000000000000 319 0 0  
WALL BOOKSHELF 2019-02-01 3,161 1,527 SL 10.000000000000 316 0 0  
WALL BOOKSHELF 2019-03-01 2,906 1,382 SL 10.000000000000 291 0 0  
WALL AND BASE CABINETS 2019-04-01 3,797 1,773 SL 10.000000000000 380 0 0  
WALL AND BASE CABINETS 2019-06-01 3,456 1,557 SL 10.000000000000 346 0 0  
SHELVING 2019-11-01 6,562 2,679 SL 10.000000000000 656 0 0  
FIRE EXTINGUISHERS 2020-01-01 4,311 1,688 SL 10.000000000000 431 0 0  
THINKPADS 2021-12-31 3,825 1,517 SL 4.000000000000 1,251 0 0  
LAND - IAL ALLOCATION 2021-07-31 123,367   L   0 0 0  
1414 OFFICE BUILDING - IAL 2021-07-31 374,706 24,765 SL 39.000000000000 13,786 0 0  
DELL OPTIFLEX PC & INSTALLATION 2022-07-01 2,176 724 SL 4.000000000000 543 0 0  
ZOOM SYSTEM 2022-06-01 6,219 1,658 SL 5.000000000000 1,243 0 0  
LENOVO THINKPAD 2022-10-01 2,291 667 SL 4.000000000000 572 0 0  
4TH STREET 1ST FLOOR A/C 2022-11-01 7,475 685 SL 10.000000000000 747 0 0  
LAND - 1402 LINDEN 2021-07-31 59,094   L   0 0 0  
LAND - 1404 LINDEN 2021-07-31 44,106   L   0 0 0  
LAND - 1406 LINDEN 2021-07-31 59,094   L   0 0 0  
LAND - 1414 MILLARD (NET OF IAL ALLOCATION) 2021-07-31 123,285   L   0 0 0  
LAND - PARKING LOT 2021-07-31 14,131   L   0 0 0  
1414 OFFICE BUILDING - UNRELATED 2021-07-31 374,456 21,643 SL 39.000000000000 5,423 0 5,423  
1402 LINDEN STRUCTURE 2021-07-31 115,404 10,138 SL 27.500000000000 4,197 0 4,197  
1404 LINDEN STRUCTURE 2021-07-31 125,039 10,985 SL 27.500000000000 4,547 0 4,547  
1406 LINDEN STRUCTURE 2021-07-31 72,368 6,359 SL 27.500000000000 2,632 0 2,632  
PARKING LOT - STRUCTURE 2021-07-31 4,924 432 SL 27.500000000000 179 0 179  
ROOF TOP A/C - 1414 MILLARD-2ND FLOOR 2023-12-01 34,145 285 SL 10.000000000000 3,414 0 0  
3 DELL OPTIFLEX PCS & INSTALATION 2023-04-01 8,881 1,665 SL 4.000000000000 2,220 0 0  
EPSON EXPRESSION 13000XL ARCHIVAL SCANNER 2023-11-01 4,663 194 SL 4.000000000000 1,166 0 0  
LAND - SANTEE MILL ROAD -PARCEL 1 2024-04-01 120,000   L   0 0 0  
LAND - SANTEE MILL ROAD -PARCEL 2 2024-04-01 410,000   L   0 0 0  
LAND - SANTEE MILL ROAD -PARCEL 1 - CLOSING COSTS 2024-04-01 3,044   L   0 0 0  
LAND - SANTEE MILL ROAD -PARCEL 2 - CLOSING COSTS 2024-04-01 10,401   L   0 0 0  
LAND - SANTEE MILL ROAD LEGAL FEES 2024-06-01 3,577   L   0 0 0  
LAND - SANTEE MILL ROAD - DUE DILIGENCE 2024-07-01 2,749   L   0 0 0  
SANTEE MILL ROAD - GATEHOUSE 2024-04-01 283,524   SL 25.000000000000 7,534 0 0  
SANTEE MILL ROAD - MAIN HOUSE 2024-04-01 981,446   SL 25.000000000000 26,081 0 0  
SANTEE MILL ROAD - FARMHOUSE 2024-04-01 220,551   SL 25.000000000000 5,924 0 0  
SANTEE MILL ROAD - APARTMENT 2024-04-01 209,873   SL 25.000000000000 5,577 0 0  
SANTEE MILL ROAD - STABLES 2024-04-01 163,897   SL 25.000000000000 4,355 0 0  
SANTEE MILL ROAD - WORKSHOP/PIGGERY 2024-04-01 23,759   SL 10.000000000000 1,578 0 0  
SANTEE MILL ROAD - BANK BARN 2024-04-01 118,751   SL 10.000000000000 7,889 0 0  
WINDOW REPLACEMENT -1414 MILLARD 2024-04-01 4,800   SL 10.000000000000 320 0 0  
ROOFTOP - 1414 - RTU4 2024-12-01 37,500   SL 10.000000000000 313 0 0  
LENOVO THINKPAD E16 (NZ'S REPLACEMENT) 2024-07-01 2,490   SL 4.000000000000 259 0 0  
USED HP SCANNER 2024-06-01 3,710   SL 4.000000000000 464 0 0  

TY 2024 InvestmentsCorpStockSchedule
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Name of Stock End of Year Book Value End of Year Fair Market Value
EMERGING MARKETS 670,081 670,081
GLOBAL HIGH YIELD TAXABLE 481,831 481,831
HEDGE FUND SPECIFIC STRATEGY 1,898,290 1,898,290
INTERNATIONAL DEVELOPED 1,047,350 1,047,350
INVESTMENT GRADE TAXABLE 1,003,377 1,003,377
US LARGE CAP 6,597,479 6,597,479
US MID CAP 1,953,339 1,953,339
US SMALL CAP 906,757 906,757

TY 2024 InvestmentsLandSchedule2
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND - 1402 LINDEN 59,094 0 59,094 62,664
LAND - 1404 LINDEN 44,106 0 44,106 46,771
LAND - 1406 LINDEN 59,094 0 59,094 62,664
LAND - 1414 MILLARD (NET OF IAL ALLOCATION) 123,285 0 123,285 130,734
LAND - PARKING LOT 14,131 0 14,131 14,985
1414 OFFICE BUILDING - UNRELATED 374,456 27,066 347,390 397,081
1402 LINDEN STRUCTURE 115,404 14,335 101,069 122,377
1404 LINDEN STRUCTURE 125,039 15,532 109,507 132,594
1406 LINDEN STRUCTURE 72,368 8,991 63,377 76,741
PARKING LOT - STRUCTURE 4,924 611 4,313 5,222

TY 2024 LandEtcSchedule2
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDING - 18 W. FOURTH STREET 710,000 182,049 527,951 527,951
STORAGE RACKS 2,079 1,976 103 103
STORAGE RACKS 3,690 3,351 339 339
STORAGE RACKS 3,356 2,995 361 361
HEPA VACUUMS 4,090 4,090 0 0
HP WORKSTATIONS 3,328 3,328 0 0
EPSON PRINTER 3,230 3,230 0 0
FLAT FILE CABINET 7,206 6,188 1,018 1,018
STORAGE SYSTEM 3,001 2,500 501 501
GUILLOTINE PAPER TRIMMER 2,976 2,383 593 593
STORAGE RACKS 15,168 11,504 3,664 3,664
SCANPRO 3000 52,004 36,834 15,170 15,170
PCS FO SCAN PRO 3000 6,153 6,153 0 0
SANTA FE CLASSIC AIR SYSTEM 3,675 2,727 948 948
IMPROVED AIR SUPPLY SYSTEM 4,880 3,619 1,261 1,261
FLAT FILE CABINET 4,781 3,147 1,634 1,634
FLAT FILE CABINET 3,041 2,001 1,040 1,040
VIDEO EQUIPMENT - ORAL HISTORIES 5,984 5,984 0 0
FREEZER 3,185 1,967 1,218 1,218
WALL BOOKSHELF 3,161 1,843 1,318 1,318
WALL BOOKSHELF 2,906 1,673 1,233 1,233
WALL AND BASE CABINETS 3,797 2,153 1,644 1,644
WALL AND BASE CABINETS 3,456 1,903 1,553 1,553
SHELVING 6,562 3,335 3,227 3,227
FIRE EXTINGUISHERS 4,311 2,119 2,192 2,192
THINKPADS 3,825 2,768 1,057 1,057
LAND - IAL ALLOCATION 123,367 0 123,367 123,367
1414 OFFICE BUILDING - IAL 374,706 38,551 336,155 374,706
DELL OPTIFLEX PC & INSTALLATION 2,176 1,267 909 909
ZOOM SYSTEM 6,219 2,901 3,318 3,318
LENOVO THINKPAD 2,291 1,239 1,052 1,052
4TH STREET 1ST FLOOR A/C 7,475 1,432 6,043 6,043
WEBSITE 35,964 25,973 9,991 9,991
ROOF TOP A/C - 1414 MILLARD-2ND FLOOR 34,145 3,699 30,446 30,446
3 DELL OPTIFLEX PCS & INSTALATION 8,881 3,885 4,996 4,996
EPSON EXPRESSION 13000XL ARCHIVAL SCANNER 4,663 1,360 3,303 3,303
LAND - SANTEE MILL ROAD -PARCEL 1 120,000 0 120,000 120,000
LAND - SANTEE MILL ROAD -PARCEL 2 410,000 0 410,000 410,000
LAND - SANTEE MILL ROAD -PARCEL 1 - CLOSING COSTS 3,044 0 3,044 3,044
LAND - SANTEE MILL ROAD -PARCEL 2 - CLOSING COSTS 10,401 0 10,401 10,401
LAND - SANTEE MILL ROAD LEGAL FEES 3,577 0 3,577 3,577
LAND - SANTEE MILL ROAD - DUE DILIGENCE 2,749 0 2,749 2,749
SANTEE MILL ROAD - GATEHOUSE 283,524 7,534 275,990 275,990
SANTEE MILL ROAD - MAIN HOUSE 981,446 26,081 955,365 955,365
SANTEE MILL ROAD - FARMHOUSE 220,551 5,924 214,627 214,627
SANTEE MILL ROAD - APARTMENT 209,873 5,577 204,296 204,296
SANTEE MILL ROAD - STABLES 163,897 4,355 159,542 159,542
SANTEE MILL ROAD - WORKSHOP/PIGGERY 23,759 1,578 22,181 22,181
SANTEE MILL ROAD - BANK BARN 118,751 7,889 110,862 110,862
WINDOW REPLACEMENT -1414 MILLARD 4,800 320 4,480 4,480
ROOFTOP - 1414 - RTU4 37,500 313 37,187 37,187
LENOVO THINKPAD E16 (NZ'S REPLACEMENT) 2,490 259 2,231 2,231
USED HP SCANNER 3,710 464 3,246 3,246


TY 2024 LegalFeesSchedule
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 27,565 0 0 40,995


TY 2024 OtherAssetsSchedule
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INTEREST/DIVIDENDS RECEIVABLE 16,919 23,871 23,871
RIGHT OF USE ASSETS 27,381 126,532 126,532


TY 2024 OtherExpensesSchedule
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 41,176 228 0 40,661
EQUIPMENT RENTAL 98,436 0 0 96,941
TRANSCRIPTION SERVICES 76 0 0 76
POSTAGE 527 0 0 527
BOOKS, SUBSCRIPTIONS, REFERENCE MATERIALS 950 0 0 950
MEMBERSHIPS/LICENSE FEES 1,649 7 0 1,649
ARCHIVAL MATERIALS CONSERVATION 1,764 0 0 1,764
WEBSITE 3,414 0 0 3,414
TEMPORARY ARCHIVE STORAGE 5,373 0 0 5,373
SOFTWARE 6,256 0 0 6,256
TELEPHONE & TELECOMMUNICATION 13,473 0 0 15,693
OFFICE EXPENSE 17,876 16 0 17,876
SUPPLIES 25,932 0 0 28,630
ONLINE LIBRARY ACCESS (OCLC) 26,946 0 0 27,506
DIGITAL ASSET MANAGEMENT 36,768 0 0 36,768
OFFICE EQUIPMENT - NON-CAPITAL 217 0 0 217
INSURANCE 7,572 0 7,572 0
LICENSE FEES 250 0 250 0
OFFICE EXPENSE 443 0 443 0
AMORTIZATION 11,987 0 0 0


TY 2024 OtherIncomeSchedule2
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER REVENUE 234 0 234
IRS REFUND 3,652 0 0
LOSS ON DISPOSAL OF ASSETS -789 0 0


TY 2024 OtherIncreasesSchedule
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Description Amount
UNREALIZED GAIN ON INVESTMENTS 1,083,139


TY 2024 OtherLiabilitiesSchedule
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Description Beginning of Year - Book Value End of Year - Book Value
SECURITY DEPOSITS 1,500 1,500
RIGHT OF USE LEASE LIABILITY 27,381 118,928
ACCRUED TAXES 1,026 0


TY 2024 OtherProfessionalFeesSchedule
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 78,413 78,413 78,413 0
RETIREMENT PLAN SERVICES 2,816 0 0 2,816
PAYROLL FEES 1,164 0 0 1,164
PLANNING SERVICES 16,754 0 0 16,754


TY 2024 TaxesSchedule
Name:
INDUSTRIAL ARCHIVES & LIBRARY
EIN:
47-3349032
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 0 4,386 4,386 0
EXCISE TAX 10,811 0 0 0
REAL ESTATE TAXES 22,929 475 0 32,306
REAL ESTATE TAXES 16,456 0 16,456 0