The Wharton Esherick Museum is located in Paoli, PA. The organization was established in 1973. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Wharton Esherick Museum employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wharton Esherick 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 12/2022, Wharton Esherick Museum generated $483.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $854.6k during the year ending 12/2022. While expenses have increased by 11.6% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE WHARTON ESCHERICK MUSEUM'S PURPOSE IS TO PRESERVE, MAINTAIN AND MAKE ACCESSIBLE FOR PUBLIC VIEWING THE STUDIO, RESIDENCE AND WORK OF WHARTON ESHERICK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2022 MARKED THE 50TH ANNIVERSARY OF THE WHARTON ESHERICK MUSEUM AND OUR PROGRAMMING AND EXHIBITIONS CENTERED ON THIS MILESTONE. THROUGHOUT THE YEAR, A SERIES OF EXHIBITIONS AND PROGRAMS EXPLORED THE IDEA OF "HOME" IN ORDER TO CELEBRATE WEM'S 50-YEAR HISTORY AND TO THINK CREATIVELY ABOUT THE NEXT FIFTY YEARS - AND BEYOND. THE HOME AS SERIES DIVIDED OUR ANNIVERSARY YEAR INTO THREE THEMES: HOME AS SITE, HOME AS SELF, AND HOME AS STAGE. EACH CHAPTER OF THE SERIES FEATURED A NEW INSTALLATION IN THE VISITOR'S CENTER HIGHLIGHTING THE IMPORTANT ROLE THESE CONCEPTS PLAYED IN ESHERICK'S LIFE, PRACTICE, AND WORK, AS WELL AS PROGRAMS EXPLORING THE WEM COLLECTION AND ESHERICK'S IMPACT ON CONTEMPORARY CREATIVES. HOME AS SITE SHOWCASED THE ARCHITECTURE, PROCESS, AND PEOPLE INVOLVED IN CREATING WEM'S CAMPUS AS WE KNOW IT TODAY AND THE FORM IT MAY TAKE IN THE FUTURE. PROGRAMS THROUGHOUT THE SPRING EXAMINED THE PHYSICAL NATURE OF ESHERICK'S HOME AND STUDIO. HOME AS SELF REFLECTED THE STUDIO AS ESHERICK'S MOST SIGNIFICANT SELF-PORTRAIT, AND IN TURN, OUR 28TH ANNUAL JURIED WOODWORKING EXHIBITION OPENED IN JUNE AND SHOWCASED THE ARTISTS' OWN INTERPRETATIONS OF WHAT A SELF-PORTRAIT IN WOOD CAN LOOK LIKE. FINALLY, HOME AS STAGE OPENED IN THE FALL AND EXPLORED THE IDEA OF THE STUDIO AS A STAGE FOR ESHERICK'S LIFE AND RELATIONSHIPS. THE WORK OF SEVERAL CONTEMPORARY ARTISTS WAS INSTALLED INSIDE THE STUDIO, ACTIVATING THE SPACE. OUR IN-PERSON TOURS WELCOMED OVER 3,300 VISITORS TO THE SITE AND OUR VIRTUAL PROGRAMS ANOTHER 1,200 ATTENDEES. THESE VIRTUAL PROGRAMS REMAIN A ROBUST SOURCE OF NEW AUDIENCE DUE TO THE PARTNERS WE WORKED WITH, AND BECAUSE ATTENDEES COULD JOIN OUR PROGRAM FROM ANYWHERE IN THE WORLD. IN 2022, WE ALSO TACKLED A NUMBER OF PRESERVATION PROJECTS, INCLUDING INSTALLING A WIRELESS INTRUSION AND SMOKE DETECTION SYSTEM IN THE 1956 WORKSHOP BUILDING, WHICH HAD PREVIOUSLY NOT HAD ANY FIRE AND SECURITY MONITORING. THE 1956 WORKSHOP, DESIGNED BY LOUIS KAHN, SERVED AS THE PRIVATE RESIDENCE OF THE MUSEUM CO-FOUNDERS UNTIL THEIR PASSING IN 2020. THE BUILDING WAS ORIGINALLY DESIGNED AND BUILT AS A WORKSHOP FOR WHARTON ESHERICK IN 1956 WHICH HE USED FOR 14 YEARS UNTIL HIS PASSING IN 1970. THE MUSEUM CO-FOUNDERS, WHARTON'S DAUGHTER AND SON-IN-LAW, RENOVATED THE STRUCTURE INTO A RESIDENCE AND LIVED IN THE SPACE FOR 50 YEARS. NOW SERVING AS OFFICE SPACE UNTIL THE CAMPUS EXPANSION PROJECT AFFORDS AN ALTERNATIVE SPACE FOR ADMINISTRATION, THE FUTURE GOALS FOR THE BUILDING ARE TO OPEN IT TO THE PUBLIC ON A REGULAR BASIS AND INTERPRET IT AS ESHERICK'S WORKSPACE. IN ADDITION TO THE FIRE AND SECURITY MONITORING, WE GLAZED AND REPAINTED SEVERAL WINDOWS ON THE STUDIO BUILDING, REPLACED A SECTION OF THE SUNEKREST ROOF, REPOINTED THE CHIMNEY ON BOTH SUNEKREST AND THE 1956 WORKSHOP, AND REPAIRED AND REPAINTED FASCIA ON THE WORKSHOP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicole Riegl President | OfficerTrustee | 1 | $0 |
Gary Baum Treasurer | OfficerTrustee | 1 | $0 |
Ron Mccoll Secretary | OfficerTrustee | 1 | $0 |
Geoffrey Berwin Board Member | Trustee | 1 | $0 |
Jasper Brinton Board Member | Trustee | 1 | $0 |
Marc Cooper Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $15,322 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $197,036 |
All other contributions, gifts, grants, and similar amounts not included above | $116,030 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $328,388 |
Total Program Service Revenue | $68,994 |
Investment income | $58,688 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $7,200 |
Net Gain/Loss on Asset Sales | $1,270 |
Net Income from Fundraising Events | -$659 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $19,341 |
Miscellaneous Revenue | $0 |
Total Revenue | $483,694 |
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. | $95,000 |
Compensation of current officers, directors, key employees. | $3,213 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $349,976 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $20,469 |
Payroll taxes | $34,310 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,899 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $115,964 |
Advertising and promotion | $15,573 |
Office expenses | $14,410 |
Information technology | $3,420 |
Royalties | $0 |
Occupancy | $45,862 |
Travel | $2,120 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $18,068 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $49,937 |
Insurance | $13,412 |
All other expenses | $8,537 |
Total functional expenses | $854,618 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $247,931 |
Savings and temporary cash investments | $184,873 |
Pledges and grants receivable | $130,657 |
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 | $10,174 |
Prepaid expenses and deferred charges | $8,693 |
Net Land, buildings, and equipment | $1,485,601 |
Investments—publicly traded securities | $757,691 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,107,801 |
Total assets | $13,933,421 |
Accounts payable and accrued expenses | $42,288 |
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 | $330,036 |
Unsecured mortgages and notes payable | $35,300 |
Other liabilities | $0 |
Total liabilities | $407,624 |
Net assets without donor restrictions | $2,213,899 |
Net assets with donor restrictions | $11,311,898 |
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 | $13,933,421 |