Wyck Association
- Assets
- $2.1m
- Revenue
- $475.3k
- Investments
- $137.6k
- Employees
- 6
- Location
- Philadelphia, PA
- Founding
- 08/1980
- Data as of
- 12/2021
- EIN
- 23-2121975
Organization Overview
Wyck Association is located in Philadelphia, PA. The organization was established in 1980. 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 12/2021, Wyck Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wyck Association 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 12/2021, Wyck Association generated $475.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $306.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS THE PRESERVATION AND MAINTENANCE OF THE WYCK HOUSE AND ITS CONTENTS, LOCATED IN THE GERMANTOWN SECTION OF PHILADELPHIA, PA. THE WYCK ASSOCIATION TELLS THE STORY OF WYCK, THE QUIETLY ELEGANT HOME, HISTORIC GARDENS, FARM BUILDINGS, AND COLLECTION OF OBJECTS AND PAPERS THAT REFLECT THE EVERYDAY LIFE OF ONE PHILADELPHIA FAMILY OVER THREE HUNDERED YEARS. PROGRAMS AT WYCK DRAW ON THIS FAMILY'S PASSION FOR EDUCATION, ITS QUAKER SIMPLICITY, AND ITS LOVE OF NATURAL HISTORY AND HORTICULTURE. THROUGH THE PRESERVATION AND INTERPRETATION OF THIS RARE RESOURCE, THE WYCK ASSOCIATION WORKS TO ENRICH AND STRENGTHEN COMMUNITY LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EXEMPT'S ACHIEVEMENTS ARE THE MAINTENANCE AND PRESERVING OF THE WYCK HOUSE AND ITS CONTENTS, LOCATED IN THE GERMANTOWN SECTION OF PHILADELPHIA. THE WYCK ASSOCIATION TELLS THE STORY OF WYCK, THE QUIETLY ELEGANT HOME, HISTORIC GARDENS, FARM BUILDINGS, AND COLLECTION OF OBJECTS AND PAPERS THAT REFLECT THE EVERYDAY LIFE OF ONE PHILADELPHIA FAMILY OVER THREE HUNDRED YEARS. PROGRAMS AT WYCK DRAW ON THIS FAMILY'S PASSION FOR EDUCATION, ITS QUAKER SIMPLICITY, AND ITS LOVE OF NATURAL HISTORY AND HORTICULTURE. THROUGH THE PRESERVATION AND INTERPRETATION OF THIS RARE RESOURCE, THE WYCK ASSOCIATION WORKS TO ENRICH AND STRENGTHEN COMMUNITY LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Staub Executive Dir. | Officer | 40 | $68,366 |
Timothy D Wood Secretary | OfficerTrustee | 1 | $0 |
Page Talbott Vice-Chairman | OfficerTrustee | 1 | $0 |
Sandra Mackenzie Lloyd Chairman | OfficerTrustee | 1 | $0 |
Samuel V Rhoads Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $282,583 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $282,583 |
| Total Program Service Revenue | $17,982 |
| Investment income | $46,686 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $60,873 |
| Net Income from Fundraising Events | $6,226 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $475,289 |
| 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. | $74,580 |
| Compensation of current officers, directors, key employees. | $33,561 |
| Compensation to disqualified persons | $103,810 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,905 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,572 |
| Advertising and promotion | $0 |
| Office expenses | $7,347 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,700 |
| 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 | $0 |
| Insurance | $16,371 |
| All other expenses | $7,778 |
| Total functional expenses | $306,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,820 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,306 |
| Investments—publicly traded securities | $1,798,190 |
| Investments—other securities | $137,646 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,063,962 |
| Accounts payable and accrued expenses | $18,587 |
| Grants payable | $0 |
| Deferred revenue | $920 |
| 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 | $0 |
| Total liabilities | $19,507 |
| Net assets without donor restrictions | $1,923,207 |
| Net assets with donor restrictions | $121,248 |
| 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 | $2,063,962 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Wyck Association has recieved totaling $35,707.
| Awarding Organization | Amount |
|---|---|
Nelson Talbott Foundation Washington, DC PURPOSE: GENERAL NEEDS OR PURPOSE | $17,500 |
Philadelphia Foundation Philadelphia, PA PURPOSE: GARDEN & WOODLOT MAINTENANCE, PRESERVATION & OPERATION | $6,101 |
Caroline J S Sanders Charitable Trust Ii 6514707 Las Vegas, NV PURPOSE: GENERAL SUPPORT | $5,000 |
T/D Joseph K Skilling Las Vegas, NV PURPOSE: GENERAL OPERATING | $4,000 |
T/W Mary F Lindback Residuary Tr Nect Las Vegas, NV PURPOSE: GENERAL OPERATING | $2,000 |
Organization Name not Listed PURPOSE: CHARITABLE CONTRIBUTIONS | | $1,000 |
Endowment Analysis
| Beg. Balance | $38,497 |
| Earnings | $7,354 |
| Ending Balance | $45,851 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gettysburg Foundation Gettysburg, PA | $96,770,268 | $15,954,577 |
National Constitution Center Philadelphia, PA | $153,929,623 | $18,487,505 |
Museum Of Jewish Heritage A Living Memorial To The Holocaust New York, NY | $55,434,280 | $9,656,219 |
Museum Of The American Revolution Philadelphia, PA | $136,106,228 | $14,346,373 |
National Baseball Hall Of Fame And Museum Inc Cooperstown, NY | $59,891,798 | $13,912,990 |
Eleutherian Mills-Hagley Foundation Inc Wilmington, DE | $219,223,690 | $13,522,481 |
Museum Of The City Of New York New York, NY | $66,852,822 | $13,898,529 |
National Veterans Memorial And Museum Operating Corporation Columbus, OH | $58,052,071 | $6,042,215 |
Lower East Side Tenement Museum New York, NY | $36,923,048 | $8,687,426 |
Dayton History Dayton, OH | $68,372,034 | $7,774,649 |
National Underground Railroad Freedom Center Inc Cincinnati, OH | $30,820,781 | $4,231,725 |
Genesee Country Museum Mumford, NY | $24,289,826 | $5,606,616 |