Stanley W Hayes Research Foundation Incorporated is located in Richmond, IN. The organization was established in 1962. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stanley W Hayes Research Foundation 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 06/2024, Stanley W Hayes Research Foundation Incorporated generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.7% each year . All expenses for the organization totaled $630.2k during the year ending 06/2024. While expenses have increased by 8.2% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED HAYES ARBORETUM, OPEN TO THE PUBLIC JANUARY DECEMBER OF EACH YEAR. IN FY 2024, WE HAVE BEEN ABLE TO FULLY RESTORE OUR OPERATIONS TO PRE-2020 LEVELS AND WERE ABLE TO KEEP THE GROUNDS OPEN FOR HIKING AND BUILDINGS OPEN FOR NORMAL EDUCATIONAL ACTIVITIES. WE MANAGE BUILDINGS IN THE NATURE CENTER COMPLEX (NATURE CENTER, ANNEX, ADMINISTRATION BUILDING, ADMINISTRATION BUILDING LIBRARY AND HAYES MUSEUM) AS WELL AS THE HERB GARDEN, BUTTERFLY GARDEN AND BUTTERFLY COTTAGE AS PART OF THE NATURE PLAYSCAPE. WE MOW ABOUT 60 ACRES PER WEEK DURING THE PERIOD FROM APRIL 15TH THROUGH OCTOBER 15TH. WE SUPPORT AND SERVICE THE BRICE E. HAYES MEMORIAL FOUNTAIN, WOODLAND CHAPEL, PAUL C. MCCLURE NATIVE WOODY PLANT PRESERVE AND A 3 MILE AUTO TOUR PLUS 5.5 MILES OF HIKING TRAILS ON THE WEST SIDE OF OUR PROPERTY AS WELL AS HELP MAINTAIN 7.5 MILES OF MULTI-USE MOUNTAIN BIKE TRAILS ON THE EAST SIDE OF OUR PROPERTY.
OUR NATURALIST/PROGRAM COORDINATOR WAS EMPLOYED ON A FULL-TIME BASIS AND, COUPLED WITH AMPLE VOLUNTEER HELP WAS ABLE TO EXPERTLY MANAGE AN INCREASED ACTIVITY IN EDUCATIONAL AND OUTREACH ACTIVITIES. FOR THE 2024 FY, WE TALLIED A TOTAL OF 3,089 CHILDREN IN ON-SITE PROGRAMS, 1,314 ADULTS IN ON-SITE PROGRAMS, TOTAL ON-SITE PROGRAM VISITATION OF 4,403 PEOPLE AND A TOTAL OF 2,487 PEOPLE WHO PARTICIPATED IN OFF-SITE HAYES ARBORETUM EDUCATIONAL PROGRAMS. AT LEAST 16 OF THE ON-SITE VISITS INVOLVED FIELD TRIPS FROM VARIOUS ELEMENTARY SCHOOLS WITHIN OUR 25 MILE RADIUS MARKET AREA. MAJOR OFF-SITE INVOLVEMENT BY THE NATURALIST WAS AT WAYNE COUNTY CONSERVATION DAYS (1,100 STUDENTS) AND JOSEPH MOORE MUSEUM (350 PEOPLE) AND FAMILY EARTH DAY CELEBRATION (250 PEOPLE). WE ALSO SERVE AS A HOST SITE ON A NO COST/LOW COST BASIS FOR EASTERN INDIANA BEEKEEPERS CLUB, PETAL & STEM GARDEN CLUB, WAYNE COUNTY PURDUE EXTENSION EVENING MASTER NATURALIST CLASSES (ONE NIGHT PER WEEK SEPTEMBER THROUGH DECEMBER).
OUR LOCATION WAS IN THE MAXIMUM PATH OF TOTALITY FOR THE APRIL SOLAR ECLIPSE AND WE ENJOYED A CLASSIC EVENT. JOSEPH MOORE MUSEUM OF EARLHAM COLLEGE CONTRIBUTED ECLIPSE CRAFTS FOR OUR VISITORS AND THE CINCINNATI OBSERVATORY BROUGHT TELESCOPES FOR ENHANCED VIEWING AND LEARNING EXPERIENCES. PERFECT WEATHER ENCOURAGED 350 PEOPLE TO ATTEND AND WE TALLIED VISITORS FROM 29 STATES AND 4 COUNTRIES OVER THE WEEKEND PRECEDING THE ECLIPSE. WE HAVE JUST BEEN SELECTED AS A MOON TREE SITE (ONE OF 50 IN THE U.S. IN 2024 BY NASA AND USDA AND THE SWEET GUM TREE HAS BEEN PLANTED, AFTER TWO YEARS OF GERMINATION AFTER THEIR SEEDS SPENT 25.5 DAYS IN SPACE IN THE ARTEMIS PROJECT. WE ARE DOING A TEN TREE PHENOLGY RESEARCH PROJECT TO BETTER UNDERSTAND THE IMPACT OF CLIMATE FACTORS ON THE GROWTH OF THESE TREES. OUR EXECUTIVE DIRECTOR DELIVERED A SEGMENT ON HAYES ARBORETUM FOR A DOCUMENTARY CREATED BY PBS BALL STATE ENTITLED "NOW ENTERING RICHMOND".
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen H Hayes Sr Chairman | 40 | $49,671 | |
Christopher M Gilbert President | 1 | $0 | |
Brice E Hayes II Vice President | 1 | $0 | |
Thomas E Hayes Treasurer | 1 | $0 | |
Stephen H Hayes Jr Executive Director | 40 | $70,971 | |
Robert E Mcclure Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $2,101,608 |
Interest on Savings | $442 |
Dividends & Interest | $366,150 |
Net Rental Income | $10,095 |
Net Gain on Sale of Assets | $621 |
Capital Gain Net Income | $621 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $60,230 |
Total Revenue | $2,541,502 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $133,206 |
Other employee salaries and wages | $75,610 |
Pension plans, employee benefits | $13,602 |
Interest | $0 |
Taxes | $71,511 |
Depreciation | $87,390 |
Occupancy | $81,171 |
Travel, conferences, and meetings | $2,489 |
Printing and publications | $3,620 |
Other expenses | $104,877 |
Total operating and administrative expenses | $630,157 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $630,157 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $137,317 |
Savings and temporary cash investments | $579,916 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $1,400 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $430,000 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $1,507,732 |
Other assets | $2,977 |
Total assets | $15,668,944 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $2,050 |
Total liabilities | $2,050 |