Brandywine Conservancy & Museum of Art

EIN: 516020908 501(c)(3) Arts, Culture & Humanities

Chadds Ford, PA

Total Revenue
$42,707,848
Total Expenses
$15,888,057
Total Assets
$208,670,282
Net Assets
$201,503,455
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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
DE
Principal Officer
Karl Malkin
Phone
6103882700
Tax Period
2024-07-01 to 2025-06-30

Brandywine Conservancy & Museum of Art, founded in 1967, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $42.7M in total revenue in fiscal year 2024. Revenue surged 94% from the prior year, signaling strong growth momentum. The organization ran a surplus of $26.8M, a strong 63% operating margin.

Mission

The Brandywine Conservancy & Museum of Art preserves and presents elements of art and nature that highlight the extraordinary beauty of the Brandywine region in Pennsylvania and Delaware. The Brandywine Conservancy protects and conserves the land, water, natural, and cultural resources of the Brandywine-Christina watershed. The Brandywine Museum of Art engages audiences through its presentation and interpretation of American art with a particular focus on the Wyeth family and other artists of the Brandywine region.

Program Service Accomplishments

Program 1
Expenses: $6,953,634 Revenue: $1,801,751

The Brandywine Museum of Art engages audiences through its presentation and interpretation of American art with a particular focus on the Wyeth family and other artists who lived and worked in the...

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The Brandywine Museum of Art engages audiences through its presentation and interpretation of American art with a particular focus on the Wyeth family and other artists who lived and worked in the Brandywine Valley region. Since its founding in 1971, the Museum has assembled a collection of over 4,000 objects from the mid-nineteenth century to the present with major holdings of landscape and still-life painting, illustration, and paintings by three generations of the Wyeth family. The Museum has a distinguished program of temporary exhibitions and publications that have made significant contributions to scholarship in the field of American art. In addition to its collection, the Brandywine owns and makes open to the public seasonally three historic properties, all designated National Historic Landmarks, that include the studios of N. C. and Andrew Wyeth.

Program 2
Expenses: $4,848,744 Revenue: $277,194

The Brandywine Conservancy (the Conservancy) works for preservation and wise management of natural, historic, and scenic resources of the Brandywine Valley and surrounding areas with particular and...

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The Brandywine Conservancy (the Conservancy) works for preservation and wise management of natural, historic, and scenic resources of the Brandywine Valley and surrounding areas with particular and strong emphasis on the preservation of land, water supplies and agriculture. Through this program, the Conservancy acquires conservation easements on open spaces and often on historic lands and, as of this filing, has 514 easements which are regularly monitored to assure landowner's compliance with the restrictions in each easement. The program aids municipal governments in the region on environmental issues such as storm water management, ordinances of various types affecting land and water resources, and land use planning. The Conservancy owns more than 3,009 acres of land which it carefully manages to help preserve land and water resources and to serve as models of high standards in the stewardship of natural and agricultural lands.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,911,646
Program Service Revenue $1,342,989
Investment Income $20,842,973
Other Revenue $610,240
TOTAL REVENUE $42,707,848

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,299,170
Fundraising Expenses $1,759,217
Program Expenses $11,802,378
Other Expenses $7,588,887
TOTAL EXPENSES $15,888,057

Year-over-Year Comparison

2024 2023 Change
Revenue $42,707,848 $22,047,419 +0.9%
Expenses $15,888,057 $14,838,159 +0.1%
Net Income $26,819,791 $7,209,260 +2.7%
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
26
Independent Members
26
Employees
176
Volunteers
347

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
$631,457
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cuyler H Walker Chairman 10.00
Officer Director
$0 $0 $0
Dorothy A Matz Vice-Chair & Chair, Museum Comm. 1.00
Officer Director
$0 $0 $0
Gregory F Fields Vice Chair, Treasurer, Fin. Chair 1.00
Officer Director
$0 $0 $0
David Harrington Asst Treasurer & Chair, Invest Comm. 1.00
Officer Director
$0 $0 $0
W Donald Sparks II Esquire Secretary 1.00
Officer Director
$0 $0 $0
Jack M Hines Jr Chairman, Conservatory Com 1.00
Officer Director
$0 $0 $0
Pamela Biddle Trustee 1.00
Director
$0 $0 $0
Cynthia Borger Trustee 1.00
Director
$0 $0 $0
Mati Bonetti de Buccini Trustee 1.00
Director
$0 $0 $0
Romona Riscoe Benson Trustee 1.00
Director
$0 $0 $0
Roberts W Brokaw III Trustee 1.00
Director
$0 $0 $0
Clementina Brown Trustee 1.00
Director
$0 $0 $0
Sophie M Derrickson Trustee 1.00
Director
$0 $0 $0
Margaret H Duprey Trustee 1.00
Director
$0 $0 $0
Charles Elson Trustee 1.00
Director
$0 $0 $0
Missy Shaffer Trustee 1.00
Director
$0 $0 $0
R Thorpe Moeckel Trustee 1.00
Director
$0 $0 $0
Rodman W Moorehead III Trustee - Decd 12/24 1.00
Director
$0 $0 $0
Anne Moran Trustee 1.00
Director
$0 $0 $0
Claire Reid Trustee 1.00
Director
$0 $0 $0
Scott F Richard Trustee 1.00
Director
$0 $0 $0
Lewis C Ross Trustee 1.00
Director
$0 $0 $0
David W Stratton Trustee 1.00
Director
$0 $0 $0
Morris W Stroud II Trustee 1.00
Director
$0 $0 $0
Joseph P Watkins Trustee 1.00
Director
$0 $0 $0
McCoy du Pont Weymouth Trustee 1.00
Director
$0 $0 $0
Peter Zimmerman Trustee 1.00
Director
$0 $0 $0
Virginia A Logan Exec Director & Asst Secretary 40.00
Officer
$344,831 $50,172 $395,003
Karl Malkin CFO 40.00
Officer
$183,533 $52,921 $236,454
Thomas Padon Museum Director 40.00
Highest
$256,644 $46,265 $302,909
Thomas Wilt Financial Controller 40.00
Highest
$121,059 $16,141 $137,200
Suzanne Regnier Development Director 40.00
Highest
$143,307 $7,884 $151,191
Wade Abnett Facilities Director 40.00
Highest
$131,876 $7,344 $139,220
Willliam Coleman Wyeth Cur and Dir Wyeth St 40.00
Highest
$150,055 $33,146 $183,201
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 $42,707,848 $15,888,057 $208,670,282 $26,819,791
2024 $22,047,419 $14,838,159 $188,349,394 $7,209,260
2023 $17,927,743 $14,792,581 $170,520,762 $3,135,162
2022 $25,949,606 $15,046,809 $159,611,083 $10,902,797
2021 $21,886,382 $17,419,680 $169,021,035 $4,466,702
2020 $6,815,716 $12,487,788 $140,231,419 $-5,672,072
2019 $10,692,790 $14,287,728 $145,101,949 $-3,594,938
2018 $10,989,668 $15,442,502 $142,806,552 $-4,452,834
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