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Nonprofiteer
← STONE BARNS RESTORATION CORP

Form 990 for tax year 2024

Filed by STONE BARNS RESTORATION CORP.

Totals

Total revenue
$9,517,627
Total expenses
$13,795,323
Contributions and grants received
$3,720,984
Grants paid
$0
Program service revenue
$1,260,926
Investment income
$1,945,528
Other revenue
$2,590,189
Total assets, end of year
$95,585,477
Total liabilities, end of year
$1,709,058
Net assets or fund balances, end of year
$93,876,419
Program services expenses (Part IX)
$10,410,179
Management and general expenses
$2,582,355
Fundraising expenses
$802,789
Program service expenses (Part III)
$10,410,179

Program services were 75.5% 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

    $217,523

  • 1c · Fundraising events

    $727,316

  • 1e · Government grants (contributions)

    $8,399

  • 1f · All other contributions, gifts and grants

    $2,767,746

  • 1g · Noncash contributions included above

    $27,435

  • 2a · Program service revenue: Advisory/Consulting

    total $96,383 · related or exempt $96,383

  • 2b · Program service revenue: Farm Operations

    total $527,253 · related or exempt $527,253

  • 2c · Program service revenue: Public Programs

    total $637,290 · related or exempt $637,290

  • 3 · Investment income

    total $1,127,029 · excluded $1,127,029

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $1,926,071

  • 6b · Less rental expenses

    real property $324,883

  • 6c · Rental income or loss

    real property $1,601,188

  • 6d · Net rental income or loss

    total $1,601,188 · excluded $1,601,188

  • 7a · Gross sales of assets other than inventory

    securities $11,187,056 · other assets $12,000

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

    securities $10,380,557

  • 7c · Gain or loss

    securities $806,499 · other assets $12,000

  • 7d · Net gain or loss

    total $818,499 · excluded $818,499

  • 8a · Fundraising events: gross income

    $139,684

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

    $727,316

  • 8b · Fundraising events: direct expenses

    $354,666

  • 8c · Net income from fundraising events

    total -$214,982 · excluded -$70,252

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $1,943,615

  • 10b · Cost of goods sold

    $739,632

  • 10c · Net income from sales of inventory

    total $1,203,983 · related or exempt $1,203,983

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $993,363 · program services $523,428 · management and general $466,561 · fundraising $3,374

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $2,270,351 · program services $1,820,598 · management and general $404,318 · fundraising $45,435

  • 8 · Pension plan contributions

    total $72,643 · program services $61,344 · management and general $10,646 · fundraising $653

  • 9 · Other employee benefits

    total $592,164 · program services $404,866 · management and general $176,782 · fundraising $10,516

  • 10 · Payroll taxes

    total $282,319 · program services $208,005 · management and general $70,462 · fundraising $3,852

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $375,730 · program services $608 · management and general $375,122

  • 11c · Fees: accounting

    total $245,649 · management and general $245,649

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $400,000 · fundraising $400,000

  • 11f · Fees: investment management

    total $223,250 · management and general $223,250

  • 11g · Fees: other

    total $3,886,956 · program services $3,626,051 · management and general $214,670 · fundraising $46,235

  • 12 · Advertising and promotion

    total $89,488 · program services $69,921 · management and general $1,527 · fundraising $18,040

  • 13 · Office expenses

    total $401,398 · program services $222,483 · management and general $55,191 · fundraising $123,724

  • 14 · Information technology

    total $169,031 · program services $78,411 · management and general $62,532 · fundraising $28,088

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $462,270 · program services $345,716 · management and general $111,688 · fundraising $4,866

  • 17 · Travel

    total $95,784 · program services $36,912 · management and general $48,143 · fundraising $10,729

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $5,432 · program services $4,384 · management and general $1,048

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $2,083,754 · program services $2,077,605 · management and general $5,918 · fundraising $231

  • 23 · Insurance

    total $223,200 · program services $129,570 · management and general $89,712 · fundraising $3,918

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $625,858 · program services $503,594 · management and general $19,136 · fundraising $103,128

  • 24b · Other expenses: LIVESTOCK and Other Farm Exp

    total $296,683 · program services $296,683

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $195,608 · end of year $5,217

  • 2 · Savings and temporary cash investments

    beginning of year $4,426,877 · end of year $6,752,945

  • 3 · Pledges and grants receivable

    beginning of year $795,998 · end of year $658,818

  • 4 · Accounts receivable

    beginning of year $826,167 · end of year $906,978

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    beginning of year $11,568 · end of year $21,447

  • 9 · Prepaid expenses and deferred charges

    beginning of year $83,880 · end of year $179,123

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

    $64,233,167

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

    $25,790,021

  • 10c · Land, buildings and equipment, net

    beginning of year $40,040,679 · end of year $38,443,146

  • 11 · Investments: publicly traded securities

    beginning of year $48,137,405 · end of year $46,712,726

  • 12 · Investments: other securities

    beginning of year $1,689,761 · end of year $1,905,077

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,092,445 · end of year $1,706,123

  • 25 · Other liabilities

    beginning of year $4,597 · end of year $2,935

  • 27 · Net assets without donor restrictions

    beginning of year $94,282,766 · end of year $92,583,889

  • 28 · Net assets with donor restrictions

    beginning of year $828,135 · end of year $1,292,530

Mission and programs · 2024

Mission

STONE BARNS CENTER IS A NONPROFIT FARM, EDUCATION, AND RESEARCH CENTER WITH A MISSION TO CATALYZE AN ECOLOGICAL FOOD CULTURE. SINCE 2004, WE HAVE BEEN DRIVING INNOVATION IN SUSTAINABLE FARMING PRACTICES AND MINDFUL FOOD CHOICES THAT BENEFIT HUMAN HEALTH, STRENGTHEN COMMUNITIES, AND PROTECT THE ENVIRONMENT. OUR HUDSON VALLEY CAMPUS, SHARED WITH THE RESTAURANT BLUE HILL AT STONE BARNS, IS A PLACE WHERE FARMERS, CHEFS, VISITORS, DINERS, EDUCATORS, researchers, scientists, entrepreneurs, AND ARTISANS COME TOGETHER TO PUSH THE BOUNDARIES OF SUSTAINABLE FARMING AND EATING.

Activities or mission (Part I)

STONE BARNS CENTER IS A NONPROFIT FARM, EDUCATION, AND RESEARCH CENTER WITH A MISSION TO CATALYZE AN ECOLOGICAL FOOD CULTURE.THE ORGANIZATION ENGAGES IN DIVERSIFIED, REGENERATIVE AGRICULTURE AND EXPLORES THE PATTERNS OF EATING NEEDED TO SUPPORT IT. WE ENGAGE IN THESE PRACTICES IN THE BIOREGION OF THE HUDSON VALLEY AND SEEK TO BROADCAST OUR KNOWLEDGE TO COLLABORATORS AND PARTNERS IN OUR BIOREGION. ULTIMATELY, OUR WORK ASPIRES TO INFORM OTHER REGIONS IN THE TRANSFORMATION OF ECOLOGICALLY-GROUNDED FOOD SYSTEMS.

  • PUBLIC PROGRAMS (Community Engagement and Education) Engaging and educating the community on regenerative agriculture and healthy eating. See Schedule O.

    Expenses $5,508,335 · Revenue $637,290

  • Agroecosystems Research and Production and Innovation IMPROVING AND SPREADING SUSTAINABLE GROWING PRACTICES. See Schedule O.

    Expenses $4,596,045 · Revenue $527,253

  • The advisory services program is designed to support agricultural, hospitality, and other enterprises in adopting agroecological, sustainable, and climate-resilient practices. Through this initiative, we provide tailored guidance, technical expertise, and strategic support to help organizations align their operations with environmental and social goals. The program is open to a wide range of clientsfrom farms and food producers to hospitality providers and mission-driven businessesseeking to improve ecological outcomes, strengthen community resilience, and contribute to more sustainable local economies.

    Expenses $305,799 · Revenue $96,383

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jack Algiere

    Director of Agroecology

    Total calculated
    $308,222
    From this org
    $190,414
    From related orgs
    $0
    Other
    $117,808
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $190,114
    Bonus
    $300
    Other
    not reported
    Deferred
    $8,037
    Nontaxable benefits
    $109,771
    Filer's total
    $308,222
  • Jason Grauer

    Executive Dir.

    Total calculated
    $231,793
    From this org
    $180,989
    From related orgs
    $0
    Other
    $50,804
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,297
    Bonus
    $22,692
    Other
    not reported
    Deferred
    $8,006
    Nontaxable benefits
    $42,798
    Filer's total
    $231,793
  • John McCormick

    Senior Director of Operations

    Total calculated
    $227,463
    From this org
    $196,237
    From related orgs
    $0
    Other
    $31,226
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,237
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $31,226
    Filer's total
    $227,463
  • Peter Bradley

    Director of Facilities

    Total calculated
    $190,096
    From this org
    $181,848
    From related orgs
    $0
    Other
    $8,248
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,848
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,274
    Nontaxable benefits
    $974
    Filer's total
    $190,096
  • Fernando Olivas

    Senior HR Manager

    Total calculated
    $140,661
    From this org
    $113,190
    From related orgs
    $0
    Other
    $27,471
    Hours/week
    40
  • Elijah A Goodwin

    Dir. Ecological Mo

    Total calculated
    $115,471
    From this org
    $107,562
    From related orgs
    $0
    Other
    $7,909
    Hours/week
    40
  • Caitlin Taylor

    Former Managing Director

    Total calculated
    $115,385
    From this org
    $115,385
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported
    Other
    $115,385
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $115,385
  • Peggy Dulany

    Board Chair

    Total calculated
    $0
    Hours/week
    1
  • Kathleen Merrigan

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • David Barber

    Director

    Total calculated
    $0
    Hours/week
    1
  • Adrian Miller

    Director

    Total calculated
    $0
    Hours/week
    1
  • Diane Holland

    Director

    Total calculated
    $0
    Hours/week
    1
  • Dawn Smalls

    Director

    Total calculated
    $0
    Hours/week
    1
  • Susan Rockefeller

    Director

    Total calculated
    $0
    Hours/week
    1
  • Zia Khan

    Director

    Total calculated
    $0
    Hours/week
    1
  • Cynthia Rosenzweig

    Director

    Total calculated
    $0
    Hours/week
    1
  • Susan Mac Cormac

    Director

    Total calculated
    $0
    Hours/week
    1
  • David Heard

    Director

    Total calculated
    $0
    Hours/week
    1

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 · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 8 · Paid under the initial-contract exception

Answered no

  • 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
  • 9 · Followed the rebuttable-presumption procedure

The filer's explanations (Part III)

Part I, Line 1a: Relevant information in regards to selections on 1a.
letter and lease in personnel file regarding residence for personal use.
Part I, Line 8: Amounts reported on 990 VII pursuant to initial contract exemption described in Regs
STONE BARNS CENTER ENTERED A TERMINATION CONTRACT WITH CAITLIN TAYLOR DATED SEPTEMBER 2023. THE AGREEMENT STATES BI-WEEKLY SEVERANCE PAYMENTS WILL BE MADE IN THE AMOUNT OF $9,615 FOR A TOTAL SEVERANCE OF $145,833.

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
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202513099349304066

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