FRIENDS OF SCHUMACHER FARM INC

EIN: 391616233 501(c)(3)

WAUNAKEE, WI

Total Revenue
$255,210
Total Expenses
$407,682
Total Assets
$127,624
Net Assets
$126,815
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
WI
Principal Officer
MARK PELTON
Phone
6088494559
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF SCHUMACHER FARM INC, founded in 1987, is a small nonprofit that reported $255K in total revenue in fiscal year 2023. Expenses of $408K exceeded revenue, resulting in a 60% operating deficit.

Mission

TO PROVIDE A LIVING HISTORY MUSEUM AND NATURE CONSERVANCY THAT OFFERS A REPRESENTATION OF DANE COUNTY'S RURAL HERITAGE THROUGH PRESERVATION, RESTORATION, AND EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $377,827 Revenue: $31,126

IN 1892, HENRY SCHUMACHER PURCHASED FORTY ACRES OF LAND ONE MILE EAST OF THE VILLAGE OF WAUNAKEE FROM THE WIDOW OF DR. NATHANIEL WHEELER, THE VILLAGE'S FIRST PHYSICIAN. DR. WHEELER CULTIVATED GRAPES...

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IN 1892, HENRY SCHUMACHER PURCHASED FORTY ACRES OF LAND ONE MILE EAST OF THE VILLAGE OF WAUNAKEE FROM THE WIDOW OF DR. NATHANIEL WHEELER, THE VILLAGE'S FIRST PHYSICIAN. DR. WHEELER CULTIVATED GRAPES AND AN ORCHARD. HENRY SCHUMACHER PURCHASED THE ACREAGE FOR THE PURPOSE OF GRAZING HIS LIVESTOCK WHILE HE LIVED ON THE ADJACENT SCHUMACHER FAMILY FARM WITH HIS BROTHERS. HENRY TURNED THE LAND INTO A WORKING FARM IN 1907 AND HIRED FRANK SCHWENN TO BUILD THE PRESENT-DAY CRUCIFORM TWO-STORY HOUSE FOR HIS FUTURE BRIDE, EVELINE BUSBY. THE FARM REMAINED IN THE SCHUMACHER FAMILY FOR NEARLY 100-YEARS.IN 1908, HENRY MARRIED EVELINE BUSBY AND IN 1910, MARCELLA PHILOMENE SCHUMACHER, THEIR ONLY CHILD, WAS BORN. ALTHOUGH ALL FARMING ACTIVITY HAD CEASED SHORTLY AFTER THE DEATH OF HER FATHER IN 1942, EVELINE AND MARCELLA CONTINUED RENTING THE LAND TO LOCAL FARMERS. AS A TEACHER WORKING IN THE WAUNAKEE SCHOOL DISTRICT FOR MANY YEARS, MARCELLA WANTED TO LEAVE AN EDUCATIONAL LEGACY BY CREATING A LIVING HISTORY MUSEUM THAT DOCUMENTED AND REPRESENTED FARM LIFE DURING THE EARLY 20TH CENTURY. IN 1978, MARCELLA DONATED THE PROPERTY TO THE DANE COUNTY PARKS COMMISSION AND SCHUMACHER FARM PARK WAS BORN.TO CARRY OUT HER DREAM OF USING HER FATHER'S FARMSTEAD AS A CONSERVANCY AND PARK, MARCELLA FORMED A NON-PROFIT ORGANIZATION, THE FRIENDS OF SCHUMACHER FARM, IN 1986. OVER THE NEXT SEVERAL DECADES, MARCELLA MENTORED THE ORGANIZATION WHILE LIVING IN HER FAMILY HOME UNTIL SHE PASSED AWAY AT THE AGE OF 83. AT HER DEATH, SHE LEFT THE MARCELLA SCHUMACHER PENDALL TRUST TO PROVIDE FOR THE BASIC FINANCIAL NEEDS OF THE FRIENDS OF SCHUMACHER FARM. THE FRIENDS ASSUMED RESPONSIBILITY FOR THE RESTORATION OF THE FARM HOUSE TO THE 1930S ERA AND HAVE ESTABLISHED VARIOUS PROGRAMS TO REPRESENT LIFE OF THE AREA'S EARLY SETTLERS.IN SUCCESSFUL PARTNERSHIP WITH THE DANE COUNTY PARKS COMMISSION, MANY VOLUNTEERS, AND THE SURROUNDING COMMUNITIES, THE FRIENDS OF SCHUMACHER FARM IS ABLE TO EXECUTE IT'S MISSION OF PROVIDING A LIVING HISTORY MUSEUM AND NATURE CONSERVANCY THAT OFFERS A REPRESENTATION OF DANE COUNTY'S RURAL HERITAGE THROUGH PRESERVATION, RESTORATION, AND EDUCATION.SOME OF THE EVENTS AND WORKSHOPS INCLUDE: HALLOWEEN AT THE FARM, HERITAGE FEST, SPRING MUSIC FESTIVAL, BASKET MAKING, AND SCHOOL AND PRIVATE GROUP TOURS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $211,884
Program Service Revenue $31,126
Investment Income $1,200
Other Revenue $11,000
TOTAL REVENUE $255,210

Expense Breakdown

Grants Paid $0
Salaries & Benefits $40,489
Fundraising Expenses $3,396
Program Expenses $377,827
Other Expenses $367,193
TOTAL EXPENSES $407,682

Year-over-Year Comparison

2023 2022 Change
Revenue $255,210 N/A N/A
Expenses $407,682 N/A N/A
Net Income $-152,472 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
4
Volunteers
60

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK PELTON PRESIDENT 6.00
Officer Director
$0 $0 $0
REBECCA RESSL SECRETARY 5.00
Officer Director
$0 $0 $0
CONNIE GAVINSKI TREASURER 2.50
Officer Director
$0 $0 $0
SUSAN MANSKE VICE-PRESIDENT 3.20
Officer Director
$0 $0 $0
GARY HERZBERG BOARD MEMBER AT LARGE 6.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $255,210 $407,682 $127,624 $-152,472
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