Wave Hill Incorporated

Organization Overview

Wave Hill Incorporated is located in Bronx, NY. The organization was established in 1965. According to its NTEE Classification (C40) the organization is classified as: Botanical, Horticultural & Landscape Services, under the broad grouping of Environment and related organizations. As of 06/2021, Wave Hill Incorporated employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wave Hill Incorporated 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 06/2021, Wave Hill Incorporated generated $9.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $7.1m during the year ending 06/2021. While expenses have increased by 0.8% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CELEBRATE THE ARTISTRY AND LEGACY OF ITS GARDENS AND LANDSCAPES, TO PRESERVE ITS MAGNIFICENT VIEW, AND TO EXPLORE HUMAN CONNECTIONS TO THE WORLD OF NATURE THROUGH ITS PROGRAMS.

Describe the Organization's Program Activity:

MEMBERSHIP & COMMUNITY SERVICES - PROVIDING AMENITIES TO THE VISITING PUBLIC, SERVING WAVE HILL'S MEMBERSHIP BASE AND MARKETING OUTREACH THROUGH PRESS, PUBLICATIONS AND SOCIAL MEDIA TO BUILD NEW AUDIENCES; OFFERING PUBLIC PROGRAMS RELATED TO THE ENVIRONMENT; AND INTERPRETATION OF WAVE HILL'S HISTORY TO THE PUBLIC. ON AN ANNUAL BASIS APPROXIMATELY 65,000 PEOPLE VISIT WAVE HILL, MAKING IT ONE OF THE MOST POPULAR SITES IN RIVERDALE.


HORTICULTURE - MAINTENANCE OF GROUNDS AND DEVELOPMENT OF PLANT COLLECTIONS.


EDUCATIONAL SERVICES - CONDUCT OF EDUCATION PROGRAMS FOR SCHOOL CHILDREN AND THE TRAINING OF TEACHERS IN ENVIRONMENTAL SCIENCE. ORGANIZE & OPERATE CLASSES, WORKSHOPS, LECTURES AND OTHER PUBLIC PROGRAMS RELATED TO THE ENVIRONMENT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Weatherwork Co
Construction
$112,815
Arbirito Sons Inc
Construction
$111,604
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$224,000
Fundraising events$811,202
Related organizations$0
Government grants $2,626,078
All other contributions, gifts, grants, and similar amounts not included above$3,352,783
Noncash contributions included in lines 1a–1f $1,335,990
Total Revenue from Contributions, Gifts, Grants & Similar$7,014,063
Total Program Service Revenue$379,159
Investment income $528,970
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,185,441
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $131,611
Miscellaneous Revenue$0
Total Revenue $9,504,204

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Wave Hill Incorporated has recieved totaling $331,019.

Awarding OrganizationAmount
Simons Foundation Inc

New York, NY

PURPOSE: WOODLAND ECOLOGY RESEARCH MENTORSHIP PROGRAM

$75,000
Simons Foundation Inc

New York, NY

PURPOSE: WOODLAND ECOLOGY RESEARCH MENTORSHIP PROGRAM

$75,000
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$55,365
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$41,150
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: ARTS AND CULTURE

$40,000
Bny Mellon Charitable Gift Fund

Boston, MA

PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE

$32,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$20,028,327
Earnings$6,296,756
Net Contributions$451,455
Other Expense$1,188,819
Ending Balance$25,587,719

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