Wilderstein Preservation is located in Rhinebeck, NY. The organization was established in 1981. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Wilderstein Preservation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilderstein Preservation 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, Wilderstein Preservation generated $599.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $389.5k during the year ending 12/2023. While expenses have increased by 2.9% per year over the past 9 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
THE MISSION IS TO ENRICH PEOPLE'S LIVES BY PROVIDING A RELEVANT, ENGAGING CULTURAL DESTINATION; TO PROTECT, PRESERVE AND RESTORE THE ESTATE'S ARCHITECTURE, LANDSCAPE AND COLLECTIONS; AND TO INTERPRET THE SITE'S HISTORY IN COMPELLING AND INNOVATIVE WAYS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - TO CONDUCT EDUCATIONAL PROGRAMS, SERVICES, AND ACTIVITIES IN KEEPING WITH THE NATURE OF THE SITE.
PRESERVATION - TO REHABILITATE, PRESERVE, AND MAINTAIN THE WILDERSTEIN ESTATE AND TO DISPLAY SUCH PREMISES TO THE PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Casey Director | Trustee | 1 | $0 |
Robin Cherry Director | Trustee | 1 | $0 |
Brian Dalton Director | Trustee | 1 | $0 |
Cornelia Gallow Director | Trustee | 1 | $0 |
Joseph Mcguier Director | Trustee | 1 | $0 |
Gail Hunt Reeke Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $282,570 |
Membership dues | $64,950 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $8,747 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $356,267 |
Total Program Service Revenue | $84,770 |
Investment income | $98,106 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $51,600 |
Net Gain/Loss on Asset Sales | -$335 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $9,091 |
Miscellaneous Revenue | $0 |
Total Revenue | $599,499 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $144,446 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,648 |
Payroll taxes | $11,726 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,459 |
Fees for services: Accounting | $6,375 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,085 |
Office expenses | $6,044 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $18,715 |
Travel | $0 |
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 | $79,127 |
Insurance | $15,686 |
All other expenses | $11,732 |
Total functional expenses | $389,499 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $218,271 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $23,657 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $3,072,074 |
Investments—publicly traded securities | $4,855,268 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,169,270 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $4,100 |
Total liabilities | $4,100 |
Net assets without donor restrictions | $5,655,710 |
Net assets with donor restrictions | $2,509,460 |
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 | $8,169,270 |