← HENRY FRANCIS DU PONT WINTERTHUR MUSEUM INC

Form 990 for tax year 2022

Filed by HENRY FRANCIS DU PONT WINTERTHUR MUSEUM INC.

Totals

Total revenue: $17,392,218
Total expenses: $27,961,220
Contributions and grants received: $5,685,503
Grants paid: $517,017
Program service revenue: $2,381,515
Investment income: $7,616,975
Other revenue: $1,708,225
Total assets, end of year: $420,321,549
Total liabilities, end of year: $11,002,204
Net assets or fund balances, end of year: $409,319,345
Program services expenses (Part IX): $22,191,631
Management and general expenses: $4,548,183
Fundraising expenses: $1,221,406
Program service expenses (Part III): $22,191,631

Program services were 79.4% 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

$945,461
1c · Fundraising events

$114,835
1e · Government grants (contributions)

$356,568
1f · All other contributions, gifts and grants

$4,268,639
1g · Noncash contributions included above

$98,723
2a · Program service revenue: Admissions

total $1,524,689 · related or exempt $1,524,689
2b · Program service revenue: Academic Programs

total $530,444 · related or exempt $530,444
2c · Program service revenue: Program Events

total $326,382 · related or exempt $326,382
3 · Investment income

total $4,143,918 · unrelated business $110,692 · excluded $4,033,226
5 · Royalties

total $244,097 · excluded $244,097
6a · Gross rents

real property $572,299
6b · Less rental expenses

real property $29,581
6c · Rental income or loss

real property $542,718
6d · Net rental income or loss

total $542,718 · excluded $542,718
7a · Gross sales of assets other than inventory

securities $31,659,434 · other assets $118,375
7b · Less cost or other basis and sales expenses

securities $28,304,752 · other assets $0
7c · Gain or loss

securities $3,354,682 · other assets $118,375
7d · Net gain or loss

total $3,473,057 · related or exempt $118,375 · excluded $3,354,682
8a · Fundraising events: gross income

$717,302
8a · Fundraising events: contributions included on line 1c

$114,835
8b · Fundraising events: direct expenses

$485,048
8c · Net income from fundraising events

total $232,254 · excluded $232,254
10a · Gross sales of inventory

$843,093
10b · Cost of goods sold

$515,253
10c · Net income from sales of inventory

total $327,840 · related or exempt $327,840
11a · Other revenue: All other revenue

total $358,576 · related or exempt $358,576
11b · Other revenue: Proceeds from storm damage

total $2,740 · excluded $2,740
11e · Other revenue, total

$361,316

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $517,017 · program services $517,017
5 · Compensation of officers, directors and key employees

total $1,705,899 · program services $605,577 · management and general $1,100,322
7 · Other salaries and wages

total $10,009,922 · program services $9,071,013 · management and general $295,379 · fundraising $643,530
8 · Pension plan contributions

total $759,806 · program services $526,969 · management and general $134,825 · fundraising $98,012
9 · Other employee benefits

total $1,537,866 · program services $1,406,273 · management and general $117,329 · fundraising $14,264
10 · Payroll taxes

total $837,336 · program services $707,047 · management and general $83,670 · fundraising $46,619
11b · Fees: legal

total $72,729 · management and general $72,729
11c · Fees: accounting

total $358,676 · management and general $358,676
11f · Fees: investment management

total $591,112 · management and general $591,112
11g · Fees: other

total $399,867 · program services $281,174 · management and general $86,400 · fundraising $32,293
12 · Advertising and promotion

total $387,063 · program services $379,421 · management and general $5,422 · fundraising $2,220
13 · Office expenses

total $649,256 · program services $458,864 · management and general $92,508 · fundraising $97,884
14 · Information technology

total $643,996 · program services $643,996
16 · Occupancy

total $1,286,374 · program services $1,033,492 · management and general $213,625 · fundraising $39,257
17 · Travel

total $279,171 · program services $232,232 · management and general $21,014 · fundraising $25,925
19 · Conferences, conventions and meetings

total $359,163 · program services $231,259 · management and general $51,101 · fundraising $76,803
20 · Interest

total $284,769 · management and general $284,769
22 · Depreciation, depletion and amortization

total $3,436,978 · program services $2,761,317 · management and general $570,772 · fundraising $104,889
23 · Insurance

total $367,542 · program services $2,010 · management and general $365,532
24a · Other expenses: Equipment, Contracts, a

total $1,877,103 · program services $1,857,762 · management and general $17,994 · fundraising $1,347
24b · Other expenses: Exhibition/Programming

total $991,134 · program services $919,242 · management and general $65,892 · fundraising $6,000
24c · Other expenses: Publication Expenses

total $166,276 · program services $164,752 · fundraising $1,524
24d · Other expenses: Garden Expenses

total $95,914 · program services $95,914
24e · All other expenses

total $346,251 · program services $296,300 · management and general $19,112 · fundraising $30,839

Balance sheet

Part X, book values.

2 · Savings and temporary cash investments

beginning of year $2,144,007 · end of year $3,712,712
3 · Pledges and grants receivable

beginning of year $4,410,538 · end of year $160,340
4 · Accounts receivable

beginning of year $410,014 · end of year $1,813,425
8 · Inventories for sale or use

beginning of year $209,181 · end of year $390,362
9 · Prepaid expenses and deferred charges

beginning of year $426,376 · end of year $561,592
10a · Land, buildings and equipment: cost or other basis

$104,606,968
10b · Land, buildings and equipment: accumulated depreciation

$75,003,232
10c · Land, buildings and equipment, net

beginning of year $31,347,676 · end of year $29,603,736
11 · Investments: publicly traded securities

beginning of year $186,959,317 · end of year $203,499,205
12 · Investments: other securities

beginning of year $177,660,937 · end of year $177,232,377
15 · Other assets

beginning of year $1,925,835 · end of year $3,347,800
17 · Accounts payable and accrued expenses

beginning of year $2,334,004 · end of year $2,892,264
19 · Deferred revenue

beginning of year $326,793 · end of year $503,407
23 · Secured mortgages and notes payable

beginning of year $9,266,993 · end of year $7,410,409
25 · Other liabilities

beginning of year $255,142 · end of year $196,124
27 · Net assets without donor restrictions

beginning of year $314,868,015 · end of year $322,052,853
28 · Net assets with donor restrictions

beginning of year $78,442,934 · end of year $87,266,492

Mission and programs · 2022

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 FY23, Winterthur saw a spike of nearly 30,000 visitors, bringing the institution's total annual visitation to 109,626 for FY23. This increase in number relates to the slowing of the pandemic, as well as more large-scale programmatic offerings, a self-paced house tour, and a substantial increase in attendance from schools through a new free field trip program.Winterthur has also made concerted efforts to increase accessibility through free and low-cost programs in FY23. These programs include a series of free webinars, as well as a free community fair that highlighted local partners and drew several thousand visitors. FY23'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. The special exhibit during FY23 was "Jacqueline Kennedy and H. F. du Pont: From Winterthur to the White House", which opened in May 2022 and remained on view through January 2023. The exhibition explored the relationship between Winterthur's founder, H. F. du Pont and Jacqueline Kennedy. The exhibition was popular with groups and helped reach record numbers in the Gallery. Through partnerships with the White House Historical Association, we were able to attract new visitors, while exploring a topic many of our returning visitors knew little about. For the first time, the self-paced house tour was closely tied to the themes in the exhibition, setting a new course for interpretation of the historic home. The "Jacqueline Kennedy" exhibition gained a significant amount of attention nationwide, with features and reviews in The Washington Post and The Wall Street Journal. Guest curator Elaine Rice Bachmann and Winterthur director of collections Alexandra Deutsch spoke at various venues on the exhibition content. A separate small exhibition "Needle's I: Stitching Identity" also opened in September 2022 and a related conference was held in October of 2022. Our school programs attendance figures had a significant boost in FY23 due to the decision to waive all admission fees. In FY22, 4,500 students visited Winterthur through field trips. In FY23, that number jumped to over 10,000 students. Additionally, prior to FY23, students typically only spent an hour and half at Winterthur and participated in a limited number of experiences. We have shifted that model so that students now spend nearly an entire day at Winterthur and have the option to experience multiple aspects of the institution including the collection, gardens, library, and conservation labs. In July of 2022, we hosted the second annual Artisan Market, which saw just over 5,000 visitors and featured over 100 local artisans. This program offers an opportunity for artisans to gain massive exposure at a relatively low cost. Additionally, the program utilizes multiple areas of the grounds, allowing visitors to experience Winterthur's beauty in a social and restorative setting. In January of 2023, we created a new position, Manager of Continuing Education, whose primary role is to create enriching and immersive experiences for adults seeking deep dives into the collection. Her work since then has greatly expanded and improved our scholarly and academic offerings and there are plans for continued expansion in the next several years.Winterthur was supported in FY23 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 $20 to $25,000+. Members made up a significant portion of general admission and add-on tickets, as well as event attendance in FY23.

Expenses $8,792,210 · Revenue $2,211,105
Curatorial, Conservation, Education, Library Programs:Collections in FY23 Winterthur acquired and accessioned by gift, bequest, and purchase 355 objects and deaccessioned 49. Staff from Registration, Conservation, and Exhibitions worked to prepare for the "Ann Lowe: American Couturier" exhibition in the fall of 2023. This exhibition required coordination of loans from more than 20 partners, and conservation work began in the Winterthur labs two years in advance of the exhibition to prepare for photography for the exhibition publication, another project that Exhibitions, Conservation, and Publications worked on together. Collections staff also worked with Exhibitions to install new acquisitions in the galleries.Research Fellowship Program - Winterthur administers a Research Fellowship Program, which annually funds national and international scholars and creators to conduct research at Winterthur. Winterthur hosted 37 Research Fellows in FY23. The Program provides Research Fellows with staff support in areas of logistics and project consultations; access to collections and facilities; opportunities to present and publish; and opportunities to interface with graduate students.Graduate Programs - With University of Delaware, Winterthur administers and provides instruction in the Winterthur/UD graduate programs (the Winterthur Program in American Material Culture and the Winterthur/University of Delaware Program in Art Conservation). To date, there have been 1,059 graduates of these two programs. Graduate Program activity includes teaching core, elective, and independent study coursework at Winterthur; organizing and leading national and international field study trips; serving as major/thesis advisors and providing mentorship and career counseling for students; identifying internship opportunities; organizing program events; identifying and facilitating collaborative opportunities between the two programs and with University of Delaware departments for student coursework, professional development and research funding, and campus resources; and supporting successful postgraduate placement. Winterthur Portfolio - In partnership with the University of Chicago Press, Winterthur administers an in-house academic journal, Winterthur Portfolio: A Journal of American Material Culture, publishing 3 issues annually. Winterthur Portfolio activity includes: solicitation/selection/editing of peer-reviewed articles and book reviews for publication; working with the Press on aspects of the journal's production; enhancing support for authors and promoting guidelines for sharing published work; promoting the journal and Winterthur at professional events; and overseeing the journal's editorial board and budget. Winterthur Library - The Winterthur Library acquires, preserves, and makes its collections available to the public; supports the research and scholarly activities of students, external scholars, and members of the public; provides instruction for students in undergraduate and graduate programs; and develops programs, events, and outreach initiatives. During FY23 the library added 601 books, periodicals, and archival and manuscript lots by purchase and gift, lent 57 items for internal and external exhibitions, and provided 1,157 items (120 loans and 1,037 scans) through interlibrary loan. The library saw 1,800 users by appointment to use the library circulating and special collections.

Expenses $5,661,661 · Grants $517,017 · Revenue $975,201
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 $7,737,760

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Mr Christopher Strand

Charles F. Montgomery Director & CEO

Total calculated

$285,442

From this org

$269,939

From related orgs

$0

Other

$15,503

Hours/week

50

Schedule J breakdown matched by us

Base

$269,939

Bonus

$0

Other

$0

Deferred

$15,503

Nontaxable benefits

$0

Filer's total

$285,442
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

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 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 Marichu C Valencia

Trustee

Total calculated

$0

Hours/week

1
Ms Renee Wolcott

Trustee

Total calculated

$0

Hours/week

1
The Honorable WL Lyons Brown

Chairman & Trustee Emeritus

Total calculated

$0

Hours/week

1
Mr John L McGraw

Chairman & Trustee Emeritus

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

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 Denise D Adams

Controller and Asst Treasurer (to 3/23)

Total calculated

$118,289

From this org

$109,594

From related orgs

$0

Other

$8,695

Hours/week

50
Ms Tricia Davies

Assistant Secretary

Total calculated

$58,290

From this org

$54,347

From related orgs

$0

Other

$3,943

Hours/week

50
Ms Susan Bleecher

Chief Financial Officer and Treasurer

Total calculated

$237,166

From this org

$226,252

From related orgs

$0

Other

$10,914

Hours/week

50

Schedule J breakdown matched by us

Base

$226,252

Bonus

$0

Other

$0

Deferred

$963

Nontaxable benefits

$9,951

Filer's total

$237,166
Ms Alexandra Deutsch

Dir.-Collections

Total calculated

$193,681

From this org

$182,131

From related orgs

$0

Other

$11,550

Hours/week

50

Schedule J breakdown matched by us

Base

$182,131

Bonus

$0

Other

$0

Deferred

$9,957

Nontaxable benefits

$1,593

Filer's total

$193,681
Ms Christine M Heesters

Dir.-Marketing and Technology

Total calculated

$185,453

From this org

$172,875

From related orgs

$0

Other

$12,578

Hours/week

50

Schedule J breakdown matched by us

Base

$172,875

Bonus

$0

Other

$0

Deferred

$10,987

Nontaxable benefits

$1,591

Filer's total

$185,453
Ms Jennifer M Mackey

Dir.-Philanthropy

Total calculated

$191,406

From this org

$167,489

From related orgs

$0

Other

$23,917

Hours/week

50

Schedule J breakdown matched by us

Base

$167,489

Bonus

$0

Other

$0

Deferred

$8,170

Nontaxable benefits

$15,747

Filer's total

$191,406
Ms Brin J Taylor

Dir.-Human Resources (to 4/22)

Total calculated

$177,627

From this org

$166,185

From related orgs

$0

Other

$11,442

Hours/week

50

Schedule J breakdown matched by us

Base

$166,185

Bonus

$0

Other

$0

Deferred

$9,092

Nontaxable benefits

$2,350

Filer's total

$177,627
Mr John Castle

Dir.-Facilities Services

Total calculated

$164,215

From this org

$139,974

From related orgs

$0

Other

$24,241

Hours/week

50

Schedule J breakdown matched by us

Base

$139,974

Bonus

$0

Other

$0

Deferred

$8,782

Nontaxable benefits

$15,459

Filer's total

$164,215
Ms Joy Gardiner

Dir.-Conservation

Total calculated

$119,273

From this org

$107,585

From related orgs

$0

Other

$11,688

Hours/week

50
Mr Phillip Hall

Dir.-Project Management

Total calculated

$130,034

From this org

$113,287

From related orgs

$0

Other

$16,747

Hours/week

50
Mr Wayne Cox

Dir.-Information Management

Total calculated

$124,523

From this org

$104,270

From related orgs

$0

Other

$20,253

Hours/week

50

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
4a · Severance or change-of-control payment

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
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 4a: Brin Taylor - Other compensation payment of $109,915.

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: 2022
Filed: 13 May 2024
IRS schema version: 2022v5.0
Source object: 202431359349305913

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