Hill-Stead Museum
- Assets
- $10.3m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 37
- Location
- Farmington, CT
- Founding
- 06/1998
- Data as of
- 12/2023
- EIN
- 06-0646673
Organization Overview
Hill-Stead Museum is located in Farmington, CT. The organization was established in 1998. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Hill-Stead Museum employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hill-Stead Museum is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Hill-Stead Museum generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. While expenses have increased by 0.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HILL-STEAD MUSEUM (HSM), A NATIONAL HISTORIC LANDMARK, SERVES DIVERSE AUDIENCES IN CT AND BEYOND AS A WELCOMING PLACE FOR LEARNING, REFLECTION AND ENJOYMENT. HSM PRESERVES, DISPLAYS AND INTERPRETS ITS EXCEPTIONAL PAINTINGS, HISTORIC HOUSE, COLLECTIONS AND LANDSCAPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND VISITOR SERVICESHILL-STEAD MUSEUM SERVES AS A DESTINATION FOR LEARNERS OF ALL AGES AND OFFERS NEARLY 7,000 PUBLIC TOURS EACH YEAR IN ART, ARCHITECTURE, AND GARDENS WITHIN THE CONTEXT OF THE LATE 19TH AND EARLY 20TH CENTURIES. SINCE OPENING TO THE PUBLIC IN 1947, OVER 1 MILLION VISITORS HAVE TOURED THE POPE-RIDDLE HOUSE, EXPLORED THE 152-ACRE GROUNDS, AND PARTICIPATED IN ART, LITERATURE, AND NATURE PROGRAMS. IN KEEPING WITH THE POPE-RIDDLE FAMILY'S ENJOYMENT OF CULTURAL PURSUITS, HSM OFFERED A WIDE VARIETY OF PROGRAMMING INCLUDING CONCERTS, CAMPS, WORKSHOPS, AND FESTIVALS.
COLLECTIONS AND CONSERVATIONHILL-STEAD'S 1901 COUNTRY HOME, CHARACTERZIED BY A 33,000 SQUARE FOOT, 36 ROOM INTERIOR AND WHITE CLAPBOARD EXTERIOR WITH MOUNT VERNON VERANDA, IS CONSIDERED "PERHAPS THE FINEST COLONIAL REVIVAL HOUSE AND MUSEUM IN THE UNITED STATES" (NATIONAL HISTORIC LANDMARK REPORT). ESTABLISHED IN 1946 AS A CULTURAL RESOURCE FOR THE PUBLIC IN PERPETUITY, HSM IS ONE OF THE NATION'S FEW REMAINING REPRESENTATIONS OF EARLY 20TH-CENTURY COUNTRY PLACE ESTATES. HSM BOASTS FRENCH IMPRESSIONIST MASTERPIECES - FOUR BY CLAUDE MONET, THREE BY EDGAR DEGAS - AND NOTABLE WORKS BY EDOUARD MANET, MARY CASSATT, AND JAMES MCNEILL WHISTLER, AMONG OTHERS. COLLECTIONS INCLUDE 250 PRINTS AND PHOTOGRAPHS, 290 CERAMICS, 400 PIECES OF FURNITURE, 3,300 BOOKS AND 16,000+ ARCHIVAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine V Smith Governor | Trustee | 1 | $0 |
Marisela A Sener Governor | Trustee | 1 | $0 |
Karen Cronin Wheat Governor | Trustee | 1 | $0 |
Charles Mueller AIA Governor | Trustee | 1 | $0 |
Nina Mayhall Hayes Colonial Dames Trustee | Trustee | 3 | $0 |
James W Fanelli Bank Trustee | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pac Group Llc Construction | 12/30/21 | $3,082,844 |
Brian Wishneff & Associates Llc Consulting | 12/30/21 | $112,763 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $58,000 |
| Related organizations | $0 |
| Government grants | $187,704 |
| All other contributions, gifts, grants, and similar amounts not included above | $833,255 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,078,959 |
| Total Program Service Revenue | $320,243 |
| Investment income | $139,786 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $183,885 |
| Net Income from Fundraising Events | $139,291 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $31,170 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,893,334 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,416 |
| Compensation of current officers, directors, key employees. | $23,890 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $556,804 |
| Pension plan accruals and contributions | $18,796 |
| Other employee benefits | $60,425 |
| Payroll taxes | $52,407 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,083 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,851 |
| Fees for services: Other | $280,835 |
| Advertising and promotion | $18,304 |
| Office expenses | $33,146 |
| Information technology | $32,779 |
| Royalties | $0 |
| Occupancy | $128,778 |
| Travel | $5,720 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $242,179 |
| Insurance | $57,634 |
| All other expenses | $0 |
| Total functional expenses | $1,833,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $994,113 |
| Pledges and grants receivable | $115,787 |
| Accounts receivable, net | $10,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $42,679 |
| Prepaid expenses and deferred charges | $25,458 |
| Net Land, buildings, and equipment | $4,229,757 |
| Investments—publicly traded securities | $4,902,063 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,319,857 |
| Accounts payable and accrued expenses | $118,587 |
| Grants payable | $0 |
| Deferred revenue | $49,315 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $500 |
| Total liabilities | $168,402 |
| Net assets without donor restrictions | $5,229,375 |
| Net assets with donor restrictions | $4,922,080 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,319,857 |