Hillwood Estate Museum & Gardens

Analysis

Hillwood Estate Museum & Gardens is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, Hillwood Estate Museum & Gardens reported income of $17.0m and spending of $15.0m, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $19.8m to $17.0m (-14%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hillwood Estate Museum & Gardens 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 92nd percentile within DC. Charities of a similar size with the same main cause include Museum of Contemporary Art ($17.0m), Modern Language Association of America ($17.0m) and Bruce Museum Inc ($16.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $504k (3.4% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $358.0m against liabilities of $1.7m, net assets of $356.3m. It reported 162 employees.