The Henry Francis du Pont Winterthur Museum Inc

EIN: 510066038 501(c)(3) Arts, Culture & Humanities

Winterthur, DE

Total Revenue
$63,522,418
Total Expenses
$30,823,789
Total Assets
$469,717,386
Net Assets
$462,976,654
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Financial Trends

Organization Details

Formation Year
1930
Legal Domicile
DE
Principal Officer
Christopher Strand
Phone
3028884600
Tax Period
2024-07-01 to 2025-06-30

The Henry Francis du Pont Winterthur Museum Inc, founded in 1930, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $63.5M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $32.7M, a strong 51% operating margin.

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.

Program Service Accomplishments

Program 1
Expenses: $20,918,833 Revenue: $2,463,092

Public Visitation and Exhibitions:Winterthur welcomed more than 130,000 visitors to the museum, estate, and gardens, Major exhibitions and large-scale public events, including Transformations...

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Public Visitation and Exhibitions:Winterthur welcomed more than 130,000 visitors to the museum, estate, and gardens, Major exhibitions and large-scale public events, including Transformations: Contemporary Artists at Winterthur and the annual Artisan Market highlighted both the historic collection and the work of contemporary artists. Attendance growth was supported by a robust calendar of exhibitions, family programs, and community events, as well as strong participation in free and subsidized offerings.In September 2024, Winterthur hosted its annual Discover Winterthur event, during which admission was waived and visitors were invited to experience a wide range of programs across the property. Fifteen community partners participated by hosting informational tables, nearly 1,300 individuals attended.Winterthur also emphasized contemporary artistic practice through Transformations: Contemporary Artists at Winterthur, an exhibition featuring artists inspired by the museum's collection and gardens. In addition, the annual Artisan Market in July 2024 showcased 110 working artists, awarded grants to three artists, and attracted more than 6,500 visitors, reflecting continued year-over-year growth and strong public interest.Seasonal family programming further extended Winterthur's reach. During July and August 2024, Terrific Tuesdays offered significantly discounted admission for families with children, paired with hands-on activities across the estate. These same activities were also delivered free of charge to low-income childcare centers through outreach visits, ensuring that children unable to travel to Winterthur could still benefit from our educational resources.

Program 2
Expenses: $2,712,338 Revenue: $412,347

Education and School Programs:Winterthur continued to expand its educational reach through free school programs, including onsite field trips, virtual offerings, and in-classroom experiences. Nearly...

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Education and School Programs:Winterthur continued to expand its educational reach through free school programs, including onsite field trips, virtual offerings, and in-classroom experiences. Nearly 17,000 students participated in Winterthur programs during the fiscal year, making education one of the organization's largest programmatic investments. These programs included free admission and transportation support, as well as complimentary return passes for students and their families, increasing access for diverse audiences.Educational programming remained a cornerstone of Winterthur's mission. Nearly 17,000 students participated in programs during the fiscal year, an increase from just over 14,000 the prior year. School program participants represent Winterthur's most diverse audience. Each student received a complimentary pass to return with family and friends; approximately 400 passes were redeemed, accounting for an estimated 1,600 additional free visitors.

Program 3

Community Engagement and Access Initiatives:Winterthur advanced its commitment to community access through free and discounted admission days and partnerships with regional nonprofit organizations...

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Community Engagement and Access Initiatives:Winterthur advanced its commitment to community access through free and discounted admission days and partnerships with regional nonprofit organizations. Programs such as Discover Winterthur and Terrific Tuesdays offered waived or reduced admission costs, expanded outreach to new and infrequent visitors, and provided opportunities for community partners to engage directly with the public. These initiatives involved both direct program expenses and allocations supporting partner participation.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,705,574
Program Service Revenue $2,265,667
Investment Income $55,957,797
Other Revenue $1,593,380
TOTAL REVENUE $63,522,418

Expense Breakdown

Grants Paid $586,171
Salaries & Benefits $16,643,204
Fundraising Expenses $1,495,765
Program Expenses $23,631,171
Other Expenses $13,594,414
TOTAL EXPENSES $30,823,789

Year-over-Year Comparison

2024 2023 Change
Revenue $63,522,418 $69,264,290 -0.1%
Expenses $30,823,789 $28,952,937 +0.1%
Net Income $32,698,629 $40,311,353 -0.2%
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
34
Independent Members
34
Employees
368
Volunteers
225

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
8
$811,718
Total Directors
50
$337,933
Key Employees
3
$670,622
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mr Christopher D Strand Charles F. Montgomery Dire 50.00
Officer Director
$297,940 $39,993 $337,933
Mr Bruce C Perkins Chair 5.00
Officer Director
$0 $0 $0
Ms Cynthia A Hewitt Vice Chair 5.00
Officer Director
$0 $0 $0
Mrs Elizabeth H Owens Secretary (until 5/2025) 5.00
Officer Director
$0 $0 $0
Mrs Lynn Springer Roberts Sec (from 5/2025); Tr (until 5/2025) 5.00
Officer Director
$0 $0 $0
Mrs Katharine Booth Trustee 1.00
Director
$0 $0 $0
Ms Desiree Caldwell Trustee 1.00
Director
$0 $0 $0
Dr Elizabether P Carey Trustee (from 5/2025) 1.00
Director
$0 $0 $0
Ms Rhonda Starks Crowder Trustee 1.00
Director
$0 $0 $0
Mr David W Dangremond Trustee 1.00
Director
$0 $0 $0
Mr David L De Luca Trustee 1.00
Director
$0 $0 $0
Mr Logan D Delany Jr Trustee 1.00
Director
$0 $0 $0
Mr Frank J Guzzetta Trustee 1.00
Director
$0 $0 $0
Dr Sandra Harmon-Weiss Trustee (until 1/2025) 1.00
Director
$0 $0 $0
Mr James B Hawkes Trustee 1.00
Director
$0 $0 $0
Mr Frank L Hohmann III Trustee 1.00
Director
$0 $0 $0
Mr Joseph C Hoopes Jr Trustee 1.00
Director
$0 $0 $0
Mr Timothy R Goldsmith Trustee 1.00
Director
$0 $0 $0
Mr Jeremy H Gonzalez Ibrahim Trustee 1.00
Director
$0 $0 $0
Mrs Richard I G Jones Trustee 1.00
Director
$0 $0 $0
Mr Edward W Kane Trustee 1.00
Director
$0 $0 $0
Mrs Ellen J Kullman Trustee 1.00
Director
$0 $0 $0
Mr William T LaFond Trustee 1.00
Director
$0 $0 $0
Mr Jonathan B Loring Trustee 1.00
Director
$0 $0 $0
Mr Forbes Maner Trustee 1.00
Director
$0 $0 $0
Ms Kathleen Furey McDonough Trustee (from 9/2024) 1.00
Director
$0 $0 $0
Ms Debra Hess Norris Trustee (from 9/2024) 1.00
Director
$0 $0 $0
Mr Christopher S Patterson Trustee 1.00
Director
$0 $0 $0
Mr Robert M Peck Trustee 1.00
Director
$0 $0 $0
Mrs Maureen C Rhodes Trustee 1.00
Director
$0 $0 $0
Mr Randall Schrimsher Trustee 1.00
Director
$0 $0 $0
Mr Stephen S Smith Trustee 1.00
Director
$0 $0 $0
Mr P Coleman Townsend Trustee 1.00
Director
$0 $0 $0
Mrs Susan M Townsend Trustee 1.00
Director
$0 $0 $0
Ms Marichu C Valencia Trustee 1.00
Director
$0 $0 $0
Ms Ellet Kidd Veale Trustee 1.00
Director
$0 $0 $0
Mr Steven O'Banion Ex Officio 1.00
Director
$0 $0 $0
Mr Sam Schwartz Trustee and Chair Emeriti 1.00
Director
$0 $0 $0
Mrs Alice Cary Brown Trustee Emeriti (until 11/2024) 1.00
Director
$0 $0 $0
Mrs Louisa C Duemling Trustee Emeriti 1.00
Director
$0 $0 $0
Mr Pierre du Pont Hayward Trustee Emeriti 1.00
Director
$0 $0 $0
Mr Morrison H Heckscher Trustee Emeriti 1.00
Director
$0 $0 $0
Mrs Elizabeth B Johnson Trustee Emeriti 1.00
Director
$0 $0 $0
Mrs Julia Bissell Leisenring Trustee Emeriti 1.00
Director
$0 $0 $0
Mrs Marjorie P McGraw Trustee Emeriti 1.00
Director
$0 $0 $0
Dr Blaine T Phillips Trustee Emeriti 1.00
Director
$0 $0 $0
Mr Geoffrey M Rogers Trustee Emeriti 1.00
Director
$0 $0 $0
Mr Mark E Stalnecker Trustee Emeriti 1.00
Director
$0 $0 $0
Mr David B Warren Trustee Emeriti 1.00
Director
$0 $0 $0
Mr Edmond L Lincoln Honorary Trustee 1.00
Director
$0 $0 $0
Mr Kirk Trasborg Chief Financial Officer an 50.00
Officer
$246,369 $9,157 $255,526
Ms Terri Kuzo Assistant Treasurer 50.00
Officer
$108,361 $9,477 $117,838
Ms Tricia Davies Assistant Secretary 50.00
Officer
$72,933 $27,488 $100,421
Ms Alexandra Deutsch Dir.-Collections 40.00
Key Emp
$193,576 $14,263 $207,839
Ms Christine M Heesters Dir.-Marketing and Technol 40.00
Key Emp
$184,079 $11,351 $195,430
Ms Jennifer M Mackey Dir.-Development (until 10/24) 40.00
Key Emp
$245,806 $21,547 $267,353
Ms Catharine Roeber Dir.-Academic Affairs 40.00
Highest
$131,556 $17,754 $149,310
Mr John Castle Dir.-Facilities 40.00
Highest
$142,872 $26,883 $169,755
Mr Michael Janes Dir.-Human Resources 40.00
Highest
$155,682 $19,891 $175,573
Ms Joy Gardiner Dir.-Conservation 40.00
Highest
$114,661 $13,522 $128,183
Mr Phillip Hall Dir.-Project Management 40.00
Highest
$119,741 $17,348 $137,089
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
2025 $63,522,418 $30,823,789 $469,717,386 $32,698,629
2024 $69,264,290 $28,952,937 $439,185,749 $40,311,353
2023 $17,392,218 $27,961,220 $420,321,549 $-10,569,002
2022 $25,875,134 $29,518,347 $405,493,881 $-3,643,213
2021 $27,650,995 $26,537,155 $471,422,050 $1,113,840
2020 $38,612,720 $28,402,841 $381,564,161 $10,209,879
2019 $18,106,618 $30,133,558 $391,291,039 $-12,026,940
2018 $42,926,269 $28,669,080 $395,964,739 $14,257,189
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