Henry Francis du Pont Winterthur Museum Inc

Analysis

Henry Francis du Pont Winterthur Museum Inc is a registered charity in United States, based in Winterthur, DE. It received its IRS tax-exemption ruling in May 1953, 73 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Henry Francis du Pont Winterthur Museum Inc reported income of $17.4m and spending of $28.0m, spending 161% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.1m to $17.4m (-3.9%), an average of -1.0% a year. The sharpest change came in the year to June 2020, when income rose by 113%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Henry Francis du Pont Winterthur Museum Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within DE. Charities of a similar size with the same main cause include Georgia Okeeffe Museum ($17.4m), Museum of the City of New York ($17.4m) and Seattle Repertory Theatre ($17.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $1.7m (6.1% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $420.3m against liabilities of $11.0m, net assets of $409.3m. It reported 366 employees.