Tudor Place Foundation Inc is located in Washington, DC. The organization was established in 1989. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Tudor Place Foundation Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tudor Place Foundation Inc 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, Tudor Place Foundation Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. 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
TO PRESERVE THE STORIES OF SIX GENERATIONS OF DESCENDANTS OF MARTHA WASHINGTON, AND THE ENSLAVED AND FREE PEOPLE WHO LIVED AND WORKED AT THIS GEORGETOWN LANDMARK FOR NEARLY TWO CENTURIES. BY EXAMINING THEIR LEGACY, WE CHALLENGE OURSELVES AND OUR VISITORS TO CELEBRATE THE TRIUMPHS AND TO CONFRONT THE COMPLEXITIES OF THE PAST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MASTER PRESERVATION PLAN - IN 2008, TUDOR PLACE, ALONG WITH EXPERTS IN FIRE, SECURITY, COLLECTIONS, BUILDINGS, AND MECHANICALS, DEVELOPED A MASTER PRESERVATION PLAN THAT PROMOTES THE PUBLIC'S ENGAGEMENT WITH THE MUSEUM'S HISTORIC ASSETS WHILE ALSO PROTECTING THEM. THE PLAN WAS APPROVED BY THE BOARD OF TRUSTEES IN MARCH 2012 AND RECEIVED CONCEPT APPROVAL FROM THE OLD GEORGETOWN BOARD THAT SAME MONTH. A CAPITAL CAMPAIGN IS UNDERWAY TO FUND IMPLEMENTATION OF THE MASTER PRESERVATION PLAN. SINCE 2012, TUDOR PLACE HAS BEEN RAISING FUNDS FOR IMPLEMENTING PROJECTS OF ITS MASTER PRESERVATION PLAN. IN 2019, THE ORGANIZATION COMPLETED THE INSTALLATION OF A STORMWATER MANAGEMENT SYSTEM ON THE SOUTH LAWN AND SCHEMATIC DESIGN FOR THE RENOVATION AND EXPANSION OF THE GARAGE TO SERVE AS A COLLECTIONS MANAGEMENT CENTER. IN 2023, THE ORGANIZATION COMPLETED CONSTRUCTION OF AN ADDITION TO THE MOWER HOUSE TO ACCOMMODATE AN EMERGENCY GENERATOR THAT WILL SERVE THE MAIN HOUSE AND GARAGE. PLANNING FOR THE RENOVATION AND EXPANSION OF THE GARAGE AND UPDATES TO SYSTEMS IN THE MAIN HOUSE IS ONGOING.
CONSERVATION OF BUILDINGS AND GROUNDS - LOCATED ON FIVE AND A HALF ACRES OF LAND IN WASHINGTON'S GEORGETOWN NEIGHBORHOOD, TUDOR PLACE MAINTAINS SEVEN HISTORIC STRUCTURES, INCLUDING A NATIONAL HISTORIC LANDMARK HOUSE DESIGNED BY DR. WILLIAM THORNTON, ARCHITECT OF THE FIRST UNITED STATES CAPITOL, AND COMPLETED IN 1816. THE SURROUNDING GARDENS RECORD THE EVOLUTION OF THE PROPERTY FROM 1805-1983. TUDOR PLACE COMPLETED AN ARCHITECTURAL ANALYSIS ON THE LANDMARK HOUSE IN 2004, A CONSERVATION ASSESSMENT OF THE STRUCTURE IN 2005, AND A CULTURAL LANDSCAPE REPORT IN 2012. THE ARCHITECTURAL ANALYSIS HAS BEEN SUPPLEMENTED BY THE DEVELOPMENT OF A HISTORIC STRUCTURE REPORT THAT WAS BEGUN IN 2021 AND WILL BE COMPLETED IN 2024. THESE REPORTS ALONG WITH THE FINDINGS OF AN INTENSIVE ARCHAEOLOGICAL SURVEY UNDERTAKEN IN 2011, GUIDE THE RESEARCH, INTERPRETATION, AND EDUCATIONAL PROGRAMMING ON THE HISTORY AND USES OF THE SITE.
CONSERVATION OF ARCHIVES AND COLLECTIONS - THE TUDOR PLACE MUSEUM COLLECTION INCLUDES OVER 18,000 OBJECTS INCLUDING SILVER, FURNITURE, PAINTINGS, ARCHITECTURAL AND ARCHAEOLOGICAL ARTIFACTS, JEWELRY, AND HOUSEHOLD ITEMS SPANNING THE PERIOD 1750-1983. AN EXTENSIVE ARCHIVAL COLLECTION INCLUDES THE PAPERS AND CORRESPONDENCE OF SIX GENERATIONS OF THE PETER FAMILY, PRESIDENTIAL DOCUMENTS, PHOTOGRAPHS, AND A 5,000-VOLUME BOOK COLLECTION. THE ARCHIVE IS PARTICULARLY COMPLETE IN RECORDING THE HISTORY OF THE PROPERTY, THE HOUSE AND ITS CONTENTS, AND THE DEVELOPMENT OF THE GARDEN. A BOARD-APPROVED COLLECTIONS MANAGEMENT POLICY AND INDUSTRY BEST-PRACTICES GUIDE THE CARE, EXHIBITION, AND USE OF THE MUSEUM COLLECTION AND ARCHIVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Christy Pichichero President | OfficerTrustee | 2 | $0 |
Val P Hawkins Jr Vice - President | OfficerTrustee | 2 | $0 |
Julanne Allen Treasurer | OfficerTrustee | 2 | $0 |
Ferdinand H Onnen III Secretary | OfficerTrustee | 2 | $0 |
Fran Trafton Barnes Trustee | Trustee | 2 | $0 |
Pallavi Kumar Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $177,792 |
Related organizations | $598,926 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $691,877 |
Noncash contributions included in lines 1a–1f | $51,883 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,468,595 |
Total Program Service Revenue | $115,142 |
Investment income | $14,617 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,277 |
Net Income from Fundraising Events | $30,933 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $17,294 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,652,944 |
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. | $153,247 |
Compensation of current officers, directors, key employees. | $9,307 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $850,904 |
Pension plan accruals and contributions | $24,928 |
Other employee benefits | $29,534 |
Payroll taxes | $82,085 |
Fees for services: Management | $0 |
Fees for services: Legal | $83,576 |
Fees for services: Accounting | $30,140 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,162,843 |
Advertising and promotion | $26,249 |
Office expenses | $245,181 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $61,003 |
Travel | $5,406 |
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 | $9,613 |
Insurance | $40,514 |
All other expenses | $12,841 |
Total functional expenses | $2,967,459 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $227,054 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $49,962 |
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 | $10,634 |
Prepaid expenses and deferred charges | $45,197 |
Net Land, buildings, and equipment | $35,823 |
Investments—publicly traded securities | $761,329 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,129,999 |
Accounts payable and accrued expenses | $90,812 |
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 | $0 |
Total liabilities | $90,812 |
Net assets without donor restrictions | $114,214 |
Net assets with donor restrictions | $924,973 |
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 | $1,129,999 |