Brandywine Conservancy & Museum of Art

Analysis

Brandywine Conservancy & Museum of Art is a registered charity in United States, based in Chadds Ford, PA. It received its IRS tax-exemption ruling in April 1967, 59 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, Brandywine Conservancy & Museum of Art reported income of $17.9m and spending of $14.8m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $17.9m (+68%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 221%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brandywine Conservancy & Museum of Art 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 96th percentile within PA. Charities of a similar size with the same main cause include Munson-Williams-Proctor Arts Institute ($17.9m), Uss Missouri Memorial Association Inc ($17.9m) and River of Life Foundation ($17.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $624k (4.2% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $170.5m against liabilities of $6.7m, net assets of $163.8m. It reported 170 employees.