Skip to content
Nonprofiteer
← HENRY FRANCIS DU PONT WINTERTHUR MUSEUM INC

Form 990 for tax year 2023

Filed by HENRY FRANCIS DU PONT WINTERTHUR MUSEUM INC.

Totals

Total revenue
$69,264,290
Total expenses
$28,952,937
Contributions and grants received
$3,659,432
Grants paid
$536,970
Program service revenue
$2,557,978
Investment income
$61,206,670
Other revenue
$1,840,210
Total assets, end of year
$439,185,749
Total liabilities, end of year
$8,275,281
Net assets or fund balances, end of year
$430,910,468
Program services expenses (Part IX)
$22,542,661
Management and general expenses
$5,021,366
Fundraising expenses
$1,388,910
Program service expenses (Part III)
$22,542,661

Program services were 77.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $1,159,266

  • 1c · Fundraising events

    $78,667

  • 1e · Government grants (contributions)

    $371,329

  • 1f · All other contributions, gifts and grants

    $2,050,170

  • 1g · Noncash contributions included above

    $99,604

  • 2a · Program service revenue: Admissions

    total $1,765,433 · related or exempt $1,765,433

  • 2b · Program service revenue: Program Events

    total $436,738 · related or exempt $436,738

  • 2c · Program service revenue: Academic Programs

    total $355,807 · related or exempt $355,807

  • 3 · Investment income

    total $3,669,621 · unrelated business $57,896 · excluded $3,611,725

  • 5 · Royalties

    total $171,441 · excluded $171,441

  • 6a · Gross rents

    real property $647,807

  • 6b · Less rental expenses

    real property $39,104

  • 6c · Rental income or loss

    real property $608,703

  • 6d · Net rental income or loss

    total $608,703 · excluded $608,703

  • 7a · Gross sales of assets other than inventory

    securities $163,636,233 · other assets $81,452

  • 7b · Less cost or other basis and sales expenses

    securities $106,180,636 · other assets $0

  • 7c · Gain or loss

    securities $57,455,597 · other assets $81,452

  • 7d · Net gain or loss

    total $57,537,049 · related or exempt $81,452 · excluded $57,455,597

  • 8a · Fundraising events: gross income

    $867,906

  • 8a · Fundraising events: contributions included on line 1c

    $78,667

  • 8b · Fundraising events: direct expenses

    $535,252

  • 8c · Net income from fundraising events

    total $332,654 · excluded $332,654

  • 10a · Gross sales of inventory

    $1,050,393

  • 10b · Cost of goods sold

    $568,838

  • 10c · Net income from sales of inventory

    total $481,555 · related or exempt $481,555

  • 11a · Other revenue: All other revenue

    total $235,979 · related or exempt $235,979

  • 11b · Other revenue: Property damage recovery, net

    total $9,878 · excluded $9,878

  • 11e · Other revenue, total

    $245,857

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $536,970 · program services $536,970

  • 5 · Compensation of officers, directors and key employees

    total $1,599,776 · program services $396,117 · management and general $994,991 · fundraising $208,668

  • 7 · Other salaries and wages

    total $10,632,861 · program services $9,957,861 · management and general $135,991 · fundraising $539,009

  • 8 · Pension plan contributions

    total $518,793 · program services $340,979 · management and general $165,586 · fundraising $12,228

  • 9 · Other employee benefits

    total $1,503,616 · program services $1,410,644 · fundraising $92,972

  • 10 · Payroll taxes

    total $886,769 · program services $753,996 · management and general $88,479 · fundraising $44,294

  • 11b · Fees: legal

    total $51,267 · management and general $51,267

  • 11c · Fees: accounting

    total $525,934 · management and general $525,934

  • 11f · Fees: investment management

    total $1,162,742 · management and general $1,162,742

  • 11g · Fees: other

    total $676,756 · program services $381,606 · management and general $207,058 · fundraising $88,092

  • 12 · Advertising and promotion

    total $452,466 · program services $445,271 · management and general $3,985 · fundraising $3,210

  • 13 · Office expenses

    total $504,348 · program services $343,316 · management and general $16,109 · fundraising $144,923

  • 14 · Information technology

    total $354,942 · program services $354,942

  • 16 · Occupancy

    total $1,325,151 · program services $1,037,019 · management and general $239,759 · fundraising $48,373

  • 17 · Travel

    total $179,360 · program services $138,444 · management and general $25,453 · fundraising $15,463

  • 19 · Conferences, conventions and meetings

    total $232,031 · program services $119,031 · management and general $59,545 · fundraising $53,455

  • 20 · Interest

    total $227,469 · management and general $227,469

  • 22 · Depreciation, depletion and amortization

    total $3,497,634 · program services $2,737,133 · management and general $632,825 · fundraising $127,676

  • 23 · Insurance

    total $371,638 · program services $26,533 · management and general $345,105

  • 24a · Other expenses: Equipment, Contracts, a

    total $2,069,616 · program services $1,935,700 · management and general $133,456 · fundraising $460

  • 24b · Other expenses: Exhibition/Programming

    total $955,343 · program services $949,845 · management and general $4,167 · fundraising $1,331

  • 24c · Other expenses: Collection Acquisitions

    total $213,328 · program services $213,328

  • 24d · Other expenses: Publication Expenses

    total $112,043 · program services $109,950 · fundraising $2,093

  • 24e · All other expenses

    total $362,084 · program services $353,976 · management and general $1,445 · fundraising $6,663

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,712,712 · end of year $4,449,650

  • 3 · Pledges and grants receivable

    beginning of year $160,340 · end of year $104,340

  • 4 · Accounts receivable

    beginning of year $1,813,425 · end of year $1,433,304

  • 8 · Inventories for sale or use

    beginning of year $390,362 · end of year $497,248

  • 9 · Prepaid expenses and deferred charges

    beginning of year $561,592 · end of year $742,306

  • 10a · Land, buildings and equipment: cost or other basis

    $106,421,863

  • 10b · Land, buildings and equipment: accumulated depreciation

    $78,500,866

  • 10c · Land, buildings and equipment, net

    beginning of year $29,603,736 · end of year $27,920,997

  • 11 · Investments: publicly traded securities

    beginning of year $203,499,205 · end of year $123,278,869

  • 12 · Investments: other securities

    beginning of year $177,232,377 · end of year $280,376,522

  • 15 · Other assets

    beginning of year $3,347,800 · end of year $382,513

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,892,264 · end of year $2,097,122

  • 19 · Deferred revenue

    beginning of year $503,407 · end of year $587,445

  • 23 · Secured mortgages and notes payable

    beginning of year $7,410,409 · end of year $5,492,290

  • 25 · Other liabilities

    beginning of year $196,124 · end of year $98,424

  • 27 · Net assets without donor restrictions

    beginning of year $322,052,853 · end of year $337,512,878

  • 28 · Net assets with donor restrictions

    beginning of year $87,266,492 · end of year $93,397,590

Mission and programs · 2023

Mission

Winterthur builds upon the vision of Henry Francis du Pont to inspire and educate through its collections, estate, and academic programs by engaging diverse audiences in the study, preservation, and interpretation of American material culture, art, design, and history.

Activities or mission (Part I)

Winterthur's mission is to preserve and enhance the legacy of its founder, Henry Francis du Pont, for the benefit and enjoyment of the public, including: the care, development, and study of its preeminent collection of decorative and fine arts made or used in America; the enhancement and interpretation of one of America's finest naturalistic gardens; the operation of graduate programs in American material culture and art conservation at the highest academic level; the operation and development of a library to support these important cultural goals; and the preservation of the historically important buildings and grounds.

  • Public Visitation, Membership, and Public Relations:In FY24, Winterthur continued a trend of increased visitation post-pandemic with nearly 130,000 guests visiting the museum. This nearly 17% growth relates to the popularity of the exhibit Ann Lowe: American Couturier, the spike in attendance from school children, and an increase in attendance and scope of our large-scale offerings.Winterthur continues to make substantial growth in our efforts to increase our community partnerships through several initiatives. In FY24, we hosted a second annual "Discover Winterthur Day," which is an event with no admission fees and free tabling opportunities for our community partners. Additionally, Winterthur's exhibit Ann Lowe: American Couturier resulted in multiple new connections with the African-American communities in Delaware and across the country. FY24's increase in attendance, as well as the emphasis on community-based programs directly serves Winterthur's mission to inspire and educate through our collection, estate, and academic programs.During FY24, Winterthur mounted the exhibition Ann Lowe: American Couturier. This exhibition highlighted over 40 fashion designs by the African American designer Ann Lowe. The exhibition and accompanying catalogue are the most substantial scholarly consideration of her work to date. Lowe's dresses provided an opportunity to celebrate her extraordinary talent, while exploring the complicated race-relations she faced during her lifetime. Through partnerships with local and national communities, we were able to attract new visitors and increase awareness of Lowe's work and life. During Winterthur's annual Yuletide display, we highlighted the legacy of Lowe's work by exhibiting six designs by two local African-American designers.Our school field trip initiative continues to grow under our free admission and bus funding programs. During FY24, 14,000 students engaged with a Winterthur program through onsite, virtual, and in-classroom experiences. By comparison, in FY23, we saw just over 10,000 students, which was double the previous year. We continually grow our model so that onsite field trips now spend an entire day at Winterthur and all onsite, virtual, and in-classroom participants have the option to experience multiple aspects of the institution including the collection, gardens, library, and conservation labs.In July of 2023, we hosted the third annual Artisan Market, which saw nearly 5,000 visitors to the grounds and featured over 100 local artisans. In its third year, we set a goal to increase financially accessible sales opportunities for artists. We succeeded in this goal by offer a scholarship for one artist, which waived their booth fees, as well as a including a low cost "Emerging Artist" section. This goal continues to be a focus for the event and in FY25, we extended scholarship acceptances to two artists and expanded the "Emerging Artist" section.Winterthur was supported in FY24 by approximately 11,000 member households, 93% of which reside in DE, PA, MD, or NJ. Membership at Winterthur is composed of 10 different individual membership levels, 1 corporate membership, and 3 donor societies, with annual dues ranging from $25 to $25,000+. Members made up a significant portion of general admission and add-on tickets, as well as event attendance in FY24.

    Expenses $9,444,083 · Revenue $2,482,697

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $5,603,733 · Grants $536,970 · Revenue $873,997

  • Garden / Facilities Program:Winterthur maintains a world-renowned 60-acre historic garden nestled within a nearly 1000-acre landscape with woodlands, meadows, and waterways. Visitors come from all parts of the globe. The collection of rare and historic plants includes magnolias, azaleas, minor bulbs, conifers, and specimen trees. Significant varieties in the collection are tracked or "accessioned" through a records system, which currently includes more than 15,000 accessions. Winterthur preserves the legacy of the historic garden through continued restoration and enhancement of garden areas such as the Sundial Garden, Reflecting Pool, and Enchanted Woods and through the sensitive care and restoration of ironwork and statuary throughout the landscape.

    Expenses $7,494,845

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Mr Christopher D Strand

    Charles F. Montgomery Director & CEO

    Total calculated
    $325,655
    From this org
    $277,522
    From related orgs
    $0
    Other
    $48,133
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $277,522
    Bonus
    $0
    Other
    $0
    Deferred
    $24,857
    Nontaxable benefits
    $23,276
    Filer's total
    $325,655

  • Mr Bruce C Perkins

    Chair

    Total calculated
    $0
    Hours/week
    5

  • Ms Cynthia A Hewitt

    Vice Chair

    Total calculated
    $0
    Hours/week
    5

  • Mrs Elizabeth H Owens

    Secretary

    Total calculated
    $0
    Hours/week
    5

  • Mrs Katharine P Booth

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Ms Desiree Caldwell

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Ms Rhonda Starks Crowder

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr David W Dangremond

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Logan D Delany Jr

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr David L De Luca

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Timothy R Goldsmith

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Frank J Guzzetta

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Dr Sandra R Harmon-Weiss

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr James B Hawkes

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Morrison H Heckscher

    Trustee (until 5/24); Trustee Emeritus (from 5/24)

    Total calculated
    $0
    Hours/week
    1

  • Mr Frank L Hohmann III

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Joseph C Hoopes Jr

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Jeremy H Gonzalez Ibrahim

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mrs Richard Annie I G Jones

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Edward W Kane

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mrs Ellen J Kullman

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Nicholas P Lambrow

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Jonathan B Loring

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Forbes Maner

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Mr Christopher S Patterson

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Robert M Peck

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mrs Maureen C Rhodes

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mrs Lynn Springer Roberts

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Randall Schrimsher

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr Stephen S Smith

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mr P Coleman Townsend

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Mrs Susan Marshall Townsend

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Ms Ellet Kidd Veale

    Trustee (from 5/24)

    Total calculated
    $0
    Hours/week
    1

  • Ms Marichu C Valencia

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Ms Renee Wolcott

    Trustee (until 5/24)

    Total calculated
    $0
    Hours/week
    1

  • The Honorable WL Lyons Brown

    Chairman & Trustee Emeritus (decd 6/24)

    Total calculated
    $0
    Hours/week
    1

  • Mr John L McGraw

    Chairman & Trustee Emeritus (decd 7/23)

    Total calculated
    $0
    Hours/week
    1

  • Mr Samuel Schwartz

    Chairman & Trustee Emeritus

    Total calculated
    $0
    Hours/week
    1

  • Mrs Alice Cary Brown

    Trustee Emerita

    Total calculated
    $0
    Hours/week
    1

  • Mrs Louisa C Duemling

    Trustee Emerita

    Total calculated
    $0
    Hours/week
    1

  • Mr Pierre du Pont Hayward

    Trustee Emeritus

    Total calculated
    $0
    Hours/week
    1

  • Mrs Elizabeth B Johnson

    Trustee Emerita

    Total calculated
    $0
    Hours/week
    1

  • Mrs Julia Bissell Leisenring

    Trustee Emerita

    Total calculated
    $0
    Hours/week
    1

  • Mrs Marjorie P McGraw

    Trustee Emerita

    Total calculated
    $0
    Hours/week
    1

  • Mr Blaine T Phillips

    Trustee Emeritus

    Total calculated
    $0
    Hours/week
    1

  • Mr Geoffrey M Rogers

    Trustee Emeritus

    Total calculated
    $0
    Hours/week
    1

  • Dr David P Roselle

    Trustee Emeritus (decd 4/24)

    Total calculated
    $0
    Hours/week
    1

  • Mr Mark E Stalnecker

    Trustee Emeritus

    Total calculated
    $0
    Hours/week
    1

  • Mr David D Wakefield

    Trustee Emeritus

    Total calculated
    $0
    Hours/week
    1

  • Mr David B Warren

    Trustee Emeritus

    Total calculated
    $0
    Hours/week
    1

  • Mr Edmond L Lincoln

    Honorary Trustee

    Total calculated
    $0
    Hours/week
    1

  • Ms Susan Bleecher

    Chief Financial Officer and Treasurer

    Total calculated
    $260,363
    From this org
    $231,070
    From related orgs
    $0
    Other
    $29,293
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $231,070
    Bonus
    $0
    Other
    $0
    Deferred
    $17,226
    Nontaxable benefits
    $12,067
    Filer's total
    $260,363

  • Ms Terri Kuzo

    Controller and Asst Treasurer (from 6/23)

    Total calculated
    $60,307
    From this org
    $57,220
    From related orgs
    $0
    Other
    $3,087
    Hours/week
    40

  • Ms Tricia Davies

    Assistant Secretary

    Total calculated
    $85,437
    From this org
    $58,338
    From related orgs
    $0
    Other
    $27,099
    Hours/week
    40

  • Ms Denise D Adams

    Controller and Asst Treasurer (to 3/23)

    Total calculated
    $41,803
    From this org
    $39,296
    From related orgs
    $0
    Other
    $2,507
    Hours/week
    40

  • Mr Kirk Trasborg

    Chief Financial Officer and Treasurer (from 1/24)

    Total calculated
    $0
    Hours/week
    40

  • Ms Alexandra Deutsch

    Dir.-Collections

    Total calculated
    $200,336
    From this org
    $187,621
    From related orgs
    $0
    Other
    $12,715
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,621
    Bonus
    $0
    Other
    $0
    Deferred
    $11,070
    Nontaxable benefits
    $1,645
    Filer's total
    $200,336

  • Ms Christine M Heesters

    Dir.-Marketing and Technology

    Total calculated
    $192,352
    From this org
    $178,276
    From related orgs
    $0
    Other
    $14,076
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,276
    Bonus
    $0
    Other
    $0
    Deferred
    $12,460
    Nontaxable benefits
    $1,616
    Filer's total
    $192,352

  • Ms Jennifer M Mackey

    Dir.-Development

    Total calculated
    $200,581
    From this org
    $171,859
    From related orgs
    $0
    Other
    $28,722
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,859
    Bonus
    $0
    Other
    $0
    Deferred
    $12,733
    Nontaxable benefits
    $15,989
    Filer's total
    $200,581

  • Mr Michael Janes

    Dir.-Human Resources

    Total calculated
    $158,584
    From this org
    $144,695
    From related orgs
    $0
    Other
    $13,889
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,695
    Bonus
    $0
    Other
    $0
    Deferred
    $554
    Nontaxable benefits
    $13,335
    Filer's total
    $158,584

  • Mr John Castle

    Dir.-Facilities

    Total calculated
    $171,356
    From this org
    $141,391
    From related orgs
    $0
    Other
    $29,965
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,391
    Bonus
    $0
    Other
    $0
    Deferred
    $13,168
    Nontaxable benefits
    $16,797
    Filer's total
    $171,356

  • Ms Catharine Roeber

    Dir.-Academic Affairs

    Total calculated
    $130,215
    From this org
    $112,671
    From related orgs
    $0
    Other
    $17,544
    Hours/week
    40

  • Mr Phillip Hall

    Dir.-Project Management

    Total calculated
    $133,984
    From this org
    $116,852
    From related orgs
    $0
    Other
    $17,132
    Hours/week
    40

  • Ms Joy Gardiner

    Dir.-Conservation

    Total calculated
    $119,082
    From this org
    $110,744
    From related orgs
    $0
    Other
    $8,338
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
1 May 2025
IRS schema version
2023v6.0
Source object
202521269349301032

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.