Totals
- Total revenue
- $4,763,035
- Total expenses
- $845,743
- Contributions and grants received
- $33,022
- Grants paid
- $0
- Program service revenue
- $6,828
- Investment income
- $4,684,566
- Other revenue
- $38,619
- Total assets, end of year
- $29,239,291
- Total liabilities, end of year
- $3,351
- Net assets or fund balances, end of year
- $29,235,940
- Program services expenses (Part IX)
- $664,011
- Management and general expenses
- $181,732
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $664,011
Program services were 78.5% 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.
-
1f · All other contributions, gifts and grants
$33,022
-
2a · Program service revenue: CONSERVANCY PROGRAM
total $6,828 · related or exempt $6,828
-
3 · Investment income
total $585,773 · excluded $585,773
-
7a · Gross sales of assets other than inventory
securities $27,860,754
-
7b · Less cost or other basis and sales expenses
securities $23,761,961
-
7c · Gain or loss
securities $4,098,793
-
7d · Net gain or loss
total $4,098,793 · excluded $4,098,793
-
8a · Fundraising events: gross income
$815
-
8b · Fundraising events: direct expenses
$1,128
-
8c · Net income from fundraising events
total -$313 · excluded -$313
-
10a · Gross sales of inventory
$24,149
-
10b · Cost of goods sold
$817
-
10c · Net income from sales of inventory
total $23,332 · related or exempt $23,332
-
11a · Other revenue: Miscellaneous Income
total $15,600 · related or exempt $15,600
-
11e · Other revenue, total
$15,600
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $284,775 · program services $284,775
-
8 · Pension plan contributions
total $11,499 · program services $11,499
-
9 · Other employee benefits
total $29,636 · program services $29,636
-
10 · Payroll taxes
total $21,115 · program services $21,115
-
11b · Fees: legal
total $265 · program services $265
-
11c · Fees: accounting
total $9,000 · management and general $9,000
-
11f · Fees: investment management
total $42,940 · management and general $42,940
-
11g · Fees: other
total $3,631 · program services $3,631
-
12 · Advertising and promotion
total $20 · program services $20
-
13 · Office expenses
total $4,125 · program services $4,125
-
14 · Information technology
total $17,000 · program services $17,000
-
16 · Occupancy
total $51,516 · program services $51,516
-
17 · Travel
total $4,267 · program services $4,267
-
21 · Payments to affiliates
total $129,792 · management and general $129,792
-
22 · Depreciation, depletion and amortization
total $77,286 · program services $77,286
-
23 · Insurance
total $56,986 · program services $56,986
-
24a · Other expenses: Renovation Projects
total $50,000 · program services $50,000
-
24b · Other expenses: Repairs and Maintenance
total $41,119 · program services $41,119
-
24c · Other expenses: Public Programming
total $9,166 · program services $9,166
-
24d · Other expenses: Miscellaneous Expense
total $1,359 · program services $1,359
-
24e · All other expenses
total $246 · program services $246
Balance sheet
Part X, book values.
-
4 · Accounts receivable
beginning of year $4,691 · end of year $3,750
-
10a · Land, buildings and equipment: cost or other basis
$9,962,109
-
10b · Land, buildings and equipment: accumulated depreciation
$245,944
-
10c · Land, buildings and equipment, net
beginning of year $9,704,527 · end of year $9,716,165
-
11 · Investments: publicly traded securities
beginning of year $17,857,167 · end of year $19,328,463
-
15 · Other assets
beginning of year $263,407 · end of year $190,913
-
17 · Accounts payable and accrued expenses
beginning of year $11,860 · end of year $3,351
-
27 · Net assets without donor restrictions
beginning of year $755,765 · end of year $677,977
-
28 · Net assets with donor restrictions
beginning of year $27,062,167 · end of year $28,557,963
Mission and programs · 2024
Mission
Penguin Court, Inc. protects and manages the land, water, cultural and natural resources of Penguin Court and the Thomas Road Property to advance education, research, and community engagement.
-
Education, Public Outreach & Property Sustainability: The Westmoreland County property, known as Penguin Court and Thomas Road Farm, are maintained and preserved in accordance with the Management Plan created by Brandywine Conservancy in 2017. Penguin Court educates and engages the public through programs and activities on the property and in the community. Special initiatives include Pennsylvania Master Naturalist, Trout in the Classroom, and Westmoreland Pollinator Partners.
Expenses $664,011 · Revenue $45,760
As filed on the 2024 return.
Listed in Part VII
-
Virginia A Logan
Assistant Secretary
- Total calculated
- $395,003
- From this org
- $0
- From related orgs
- $344,831
- Other
- $50,172
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $344,831 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $41,023 related
- Nontaxable benefits
- $0 + $9,149 related
- Filer's total
- $0 + $395,003 related
-
Cuyler H Walker
President
- Total calculated
- $0
- Hours/week
- 2 + 10 related
-
David Harrington
Treasurer
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
W Donald Sparks II Esq
Secretary
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Matthew Groll
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Laura Gutnick
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Jack M Hines Jr
Board Member
- Total calculated
- $0
- Hours/week
- 2 + 1 related
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
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 3
- Brandywine Conservancy uses the following methods to establish the compensation of the organization's CEO/Executive director: recommendation of the compensation committee, written employment contract, Form 990 of other organizations, and approval by the board or finance committee.
- Part I, Line 4b
- Brandywine Conservancy has implemented an unqualified unfunded deferred compensation plan under IRS Code Section 457, for which a select group of management is eligible to participate.
- Part I, Line 7
- The compensation committee may approve a bonus pool amount based on the performance of the organization's mission and subject to the availability of funds.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
BRANDYWINE CONSERVANCY & MUSEUM OF ART
501(c)(3) · Art museum and natural resource preservation & conservation · DE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 27 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202640309349301329
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