Centre County Library & Historical Museum is a 501(c)(3) organization based in Bellefonte, Pennsylvania, registered in 1998, with $1,022,262 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.0M
▲ 28.3% vs prior year
Expenses (FY2023)
$926K
Net assets
$3.7M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Centre County Library & Historical Museum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Centre County Library & Historical Museum: 48 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Centre County Library & Historical Museum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Centre County Library & Historical Museum: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $807K (FY2013) to $1.0M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
9.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.7M
Total liabilities
$7,742
Net assets
$3.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,022,262▲28.3% | $925,804▼11.4% | $3,714,641▲6.5% | $3,722,383▲6.2% | 990 |
| 2022 | $796,849▼22.8% | $1,045,027▲16.5% | $3,487,812▼10.0% | $3,505,782▼9.9% | 990 |
| 2021 | $1,032,611▲12.0% | $896,673▲5.4% | $3,875,775▲4.8% | $3,888,903▲1.7% | 990 |
| 2020 | $921,905▼7.6% | $850,486▼4.8% | $3,699,377▲2.0% | $3,823,627▲4.2% | 990 |
| 2019 | $998,151▼17.7% | $892,930▲5.6% | $3,628,254▲4.1% | $3,671,154▲5.1% | 990 |
| 2018 | $1,213,439▲49.3% | $845,938▼4.0% | $3,484,000▲9.7% | $3,493,535▲9.8% | 990 |
| 2017 | $812,926▲2.9% | $880,786▼3.7% | $3,176,541▼0.4% | $3,183,006▼0.5% | 990 |
| 2016 | $790,307▼1.4% | $914,668▲1.5% | $3,189,909▼2.8% | $3,198,019▼2.7% | 990 |
| 2015 | $801,784▼43.3% | $901,031▲0.3% | $3,283,410▼3.8% | $3,288,144▼3.8% | 990 |
| 2014 | $1,413,307▲75.2% | $898,755▼12.5% | $3,412,513▲17.3% | $3,416,651▲17.3% | 990 |
| 2013 | $806,554 | $1,027,311▼2.0% | $2,908,574▼16.5% | $2,913,012▼16.4% | 990 |
| 2010 | — | $1,047,963 | $3,481,663 | $3,484,707 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Centre County Library & Historical Museum totaling $5,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| University of Pittsburgh | Research- subcontract | 2015 | $5,000 |
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Data for Centre County Library & Historical Museum (EIN 24-0799348) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.