2019-05-15T09:28:42-05:00 2018-06-30 510232475 COVER & ROSSITER PA 62 ROCKFORD ROAD WILMINGTON DE 19806 990 2017-07-01 510066038 The Henry Francis du Pont Winterthur Museum Inc HENR 3028884600 5105 Kennett Pike Winterthur DE 19735 Robert Necarsulmer CFO 3028884600 2019-05-14 1 Peter Kennedy P00571422 3026566632 2019-05-14 65.222.158.10 2019-05-14 14:07:25 ED P D56B5CD756B708C51388A76856BB451BCEA2A571 A00EC810DCDE717191E71904A5BF225DCD335097 2017 2019-02-21 02:37:17Z David Durandt 5105 Kennett Pike Winterthur DE 19735 385438814 0 X www.Winterthur.org X 1930 DE Winterthur's mission is to preserve and enhance the legacy of its founder, Henry Francis du Pont, for the benefit and enjoyment of the public, including: the care, development, and study of its preeminent collection of decorative and fine arts made or used in America; the enhancement and interpretation of one of America's finest naturalistic gardens; the operation of graduate programs in American material culture and art conservation at the highest academic level; the operation and development of a library to support these important cultural goals; and the preservation of the historically important buildings and grounds. 35 34 399 300 0 122859 4872670 7272118 2248996 2895550 34902815 31620811 785299 1137790 42809780 42926269 746396 750708 0 0 11403274 14352760 0 0 1074503 12060946 13565612 24210616 28669080 18599164 14257189 386573414 395964739 27047379 24905588 359526035 371059151 X Winterthur's mission is to preserve and enhance the legacy of its founder, Henry Francis du Pont, for the benefit and enjoyment of the public, including: the care, development, and study of its preeminent collection of decorative and fine arts made or used in America; the enhancement and interpretation of one of America's finest naturalistic gardens; the operation of graduate programs in American material culture and art conservation at the highest academic level; the operation and development of a library to support these important cultural goals; and the preservation of the historically important buildings and grounds. 0 0 10800523 2328546 Public Visitation, Membership, and Public Relations:Winterthur hosted 130,000 visitors for tours, educational programs, and special and community events during FY2018. Member households during the year totaled approximately 10,000. 7,649 schoolchildren and college students participated in offerings through the Public Programs Department and in addition we provided programs for regional libraries and also teacher training workshops. Garden programs attracted 5,220 participants at 87 programs and events. Winterthur gave approximately 45,000 guided garden tours. Winterthur welcomed new and returning visitors through the presentation of four academic conferences, an intensive two-week study program, lecture series on decorative arts, life in the American and English country house, costume history, garden topics, Winterthur history, and lectures associated with the Treasures on Trial exhibition. There were also a variety of collection study workshops including furniture and ceramics. There were 81 adult programs with an attendance of 8,315. There were also weekly family programs. This year musical performances had over 1980 people attending. Members of the community learned about Winterthur through staff lectures at other institutions and special programs. Winterthur's strong exhibition program continued featuring both scholarly and general audience topics. Special exhibitions focused on the art and science of detecting fakes and forgeries, needlework and embroidery, the decoration of children's rooms, and recent acquisitions reflecting increased diversity of collecting. Accompanying the exhibitions were an extensive lecture series, special presentations by the curators, and events featuring music and food. The institution continued to publicize all offerings locally and nationally, with an increased emphasis on electronic media and the use of social media. 6739028 750708 0 Curatorial, Conservation, Education, Library Programs: Including Collection and Library Materials:The staff in the Collections Department continue to upgrade and improve our catalogue records and add photography to the online database; to date Winterthur has re-catalogued a total of 60,851 objects and added 170,379 digital images to the database. The museum collection, which is used for exhibition, research and teaching purposes, continues to grow with a total of 114 gifts and 35 purchases during FY2018. Collections staff continue to research and publish information about the collection. During FY2018 these publications included an article in Art in Print entitled "Was Fanny Palmer the Powerhouse behind Currier & Ives?" by Stephanie Delamaire, associate curator of fine art and an article in Woodcraft Magazine entitled "Pennsylvania German Lift-top Chest" by Josh Lane, Lois F. and Henry S. McNeil Curator of Furniture. In addition, collections staff lectured around the country and created several exhibitions, including Go to Your Room! Interior Design and Youthful Imagination, curated by Emily Guthrie, director of the library; Rural Exuberance: Ambitious Furniture of the Early American Countryside, curated by Josh Lane; Royal Splendor: The Coronation Gown from "The Crown", curated by Kim Collison, manager of exhibitions; two prints and paintings rotations, curated by Stephanie Delamaire; Eye on the Iconic: Honus Wagner and Sports Memorabilia, curated by Greg Landrey, director of library, collections management, and academic programs; Dining by Design: Nature Displayed on the Dinner Table, curated by Leslie Grigsby, senior curator of ceramics and glass; and Truths of the Trade: Slavery in the Winterthur Collection, a WPAMC student project with assistance from collections staff. Collections staff also welcomed visitors to Winterthur for the following conferences in FY2018: Creating Brilliance: A 21st Century Look at 19th Century Lighting, Furniture Up Close: Furniture Traditions of the Early American Countryside, Ceramics Up Close: Hands on Study Days, and The Properly Dressed Window: Curtain Design Over Time. The Registration Department is tasked with maintaining paper and digital records related to the museum collection. The department manages paperwork and logistics related to loans to/from Winterthur and for exhibits, accessions and deaccessions, object movement and collection inventory, and risk management. In FY18, the registration department inventoried 11,360 objects; facilitated and documented 40,914 object moves; and accessioned 224 museum objects. Department staff managed short-term loans to Winterthur of 200 objects (29 objects for special tours and 171 objects for four gallery exhibitions) and long-term loans to Winterthur of 987 objects. Staff also coordinated and managed short-term loans of 58 objects to eleven institutions and long-term loans of 148 objects from Winterthur to three institutions. Registration staff work with Winterthur's digital asset management team to improve online museum collections data. Catalog data is now available online for 90,150 museum objects. Registration staff also supported the launch of two storage improvement projects, which entailed tracking and updating 18,962 object moves. As part of a longer-term, cross-institutional collections storage-planning project, Registration coordinated the assessment of current storage capacity of 42 storage areas.The mission of the library is to acquire, catalog, preserve, and make its collections available to the public. During FY2018 the library added 60 archival lots and 3,330 books and periodicals by purchase and gift; cataloged and updated 1,384 records; and lent 253 books through interlibrary loan. We counted 789 user days in the manuscript and archive collections and 4,148 user days in the Printed Book and Periodical Collection. Staff added significantly to our electronic resources with the production of digital collections and staged four exhibitions featuring Library resources. 1989240 Garden Program:Winterthur maintains a world-renowned 200-acre naturalistic garden that welcomes visitors from all parts of the globe. The collection of rare and historic plants includes magnolias, azaleas, minor bulbs, conifers, and specimen trees. Significant varieties in the collection are tracked or "accessioned" through a records system, which currently includes more than 7500 accessions. We continued the restoration and enhancement of numerous garden areas including Icewell Terrace, Enchanted Woods, and Azalea Woods. Restoration of ironwork and statuary continues to be a priority. The first exhibit held in the garden - Follies: Architectural Whimsy in the Garden consists of six historic and seven constructed follies in the Winterthur garden. It will run through December 30, 2019. 1848758 567004 Marketing Program (Expenses $1,323,339)(Revenue $567,004):Winterthur added one new and renewed one existing Licensee that will broaden and deepen awareness of the institution with products tightly tied to the collection and Museum offerings. This will bring the total Licensees to 30. Retail developed products and strategies that will continue to strengthen the relationship to Museum exhibitions and the collections. E-Commerce sales and revenue continue to grow. This will continue to increase the visibility and knowledge of Winterthur.Publications Program (Expenses $196,297):In FY18 Winterthur published the Delaware Antiques Show Catalogue (November 2017); Crafting Excellence: The Furniture of Nathan Lumbard and His Circle (January 2018); and completed editing and photography for Claggett: Newport's Illustrious Clockmakers.The Publications Office continued to support the needs of departments campus-wide, including editorial work on all exhibitions-related labels and materials. In conjunction with the University of Chicago Press, Winterthur published both print and digital online issues of the academic journal Winterthur Portfolio. 1848758 567004 21377549 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 1 137 0 1 399 1 1 1 0 0 0 0 0 0 0 0 0 X 35 34 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X David Durandt 3028884600 Winterthur Museum 5105 Kennett Pike Winterthur DE 19735 Mrs Carol B Cadou Executive Director and Trustee 50.00 X X 0 0 0 Mrs Katharine P Booth Chairman 1.00 X X 0 0 0 Mr Pierre du Pont Hayward Vice Chairman & Secretary 1.00 X X 0 0 0 Mr David L De Luca Vice Chairman 1.00 X X 0 0 0 Ms Desiree Caldwell Trustee 1.00 X 0 0 0 Mr David W Dangremond Trustee 1.00 X 0 0 0 Mr Logan D Delany Jr Trustee 1.00 X 0 0 0 Mr William K du Pont Trustee 1.00 X 0 0 0 Ms Catherine G Ebert Trustee 1.00 X 0 0 0 Mrs Anne B Ervin Trustee 1.00 X 0 0 0 Mr Timothy R Goldsmith Trustee 1.00 X 0 0 0 Mr Frank J Guzzetta Trustee 1.00 X 0 0 0 Mr James B Hawkes Trustee 1.00 X 0 0 0 Mr Morrison H Heckscher Trustee 1.00 X 0 0 0 Mr John A Herdeg Trustee 1.00 X 0 0 0 Ms Cynthia A Hewitt Trustee 1.00 X 0 0 0 Mr Frank L Hohmann III Trustee 1.00 X 0 0 0 Mr Joseph C Hoopes Jr Trustee 1.00 X 0 0 0 Ms Christie D Jackson Trustee 1.00 X 0 0 0 Mrs Richard I G Jones Trustee 1.00 X 0 0 0 Mr Edward W Kane Trustee 1.00 X 0 0 0 Mrs Ellen J Kullman Trustee 1.00 X 0 0 0 Mr Nicholas P Lambrow Trustee 1.00 X 0 0 0 Mr Forbes Maner Trustee 1.00 X 0 0 0 Mr John L McGraw Trustee 1.00 X 0 0 0 Mrs Elizabeth H Owens Trustee 1.00 X 0 0 0 Mr Christopher S Patterson Trustee 1.00 X 0 0 0 Mr Bruce C Perkins Trustee 1.00 X 0 0 0 Dr Donald J Puglisi Trustee 1.00 X 0 0 0 Mrs Lynn Springer Roberts Trustee 1.00 X 0 0 0 Mr P Allen Smith Trustee 1.00 X 0 0 0 Mr Matthew A Thurlow Trustee 1.00 X 0 0 0 Mr P Coleman Townsend Trustee 1.00 X 0 0 0 Mr Rodman Ward Jr Trustee 1.00 X 0 0 0 Dr Richard C Weiss Trustee 1.00 X 0 0 0 The Honorable W L Lyons Brown Chairman & Trustee Emeritus 1.00 X 0 0 0 Mr Samuel Schwartz Chairman & Trustee Emeritus 1.00 X 0 0 0 Mrs George P Bissell Jr Trustee Emerita 1.00 X 0 0 0 Mrs Alice Cary Brown Trustee Emerita 1.00 X 0 0 0 Mrs Louisa C Duemling Trustee Emerita 1.00 X 0 0 0 Mrs Elizabeth B Johnson Trustee Emerita 1.00 X 0 0 0 Mrs Julia Bissell Leisenring Trustee Emerita 1.00 X 0 0 0 Mr Blaine T Phillips Trustee Emeritus 1.00 X 0 0 0 Mr Geoffrey M Rogers Trustee Emeritus 1.00 X 0 0 0 Dr David P Roselle Executive Director; Trustee Emeritus 50.00 X X 261473 0 8571 Mr Mark E Stalnecker Trustee Emeritus 1.00 X 0 0 0 Mr David D Wakefield Trustee Emeritus 1.00 X 0 0 0 Mr David B Warren Trustee Emeritus 1.00 X 0 0 0 Mr Charles O Wood III Trustee Emeritus 1.00 X 0 0 0 Mr Edmond L Lincoln Honorary Trustee 1.00 X 0 0 0 Mr Robert Necarsulmer CFO and Treasurer 50.00 X 188364 0 7053 Ms Denise D Adams Assistant Treasurer 50.00 X 73674 0 6021 Ms Jane Drummond Assistant Secretary 50.00 X 67790 0 6430 Mr Robert R Davis Dir.-Development 50.00 X 211231 0 7160 Mr John Savage Dir.-Museum Affairs 50.00 X 168013 0 11849 Ms Lisbeth Selsor Dir.-Human Resources 50.00 X 158774 0 12508 Mr Christopher Strand Dir.-Garden and Estate 50.00 X 148805 0 21075 Mr Gregory Landrey Dir.-Academic Affairs 50.00 X 139758 0 6915 1417882 0 87582 11 0 1 0 EDiS Company 110 South Poplar St Suite 400 Wilmington DE 19805 Construction Contractor 1480338 Limbach Company LLC 31-35th St Pittsburgh PA 15201 Equipment Maintenance 777919 Cambridge Associates 120 Ferree St Harrisburg PA 17109 Investment Manager 500000 SC&A Construction Inc 3411 Silverside Rd Wilmington DE 19810 Construction Contractor 316919 Connor Printing Inc 2977 Dutton Mill Rd Aston PA 19014 Printing Company 193515 5 981483 679694 126642 5484299 7272118 Admissions 900099 2079966 2079966 Academic Programs Cost Share 900099 567004 567004 Usage Fees 900099 248580 248580 2895550 4981694 4981694 124098 124098 563417 90265 473152 473152 473152 367901713 67097 341329693 0 26572020 67097 26639117 67097 26572020 310576 679694 631097 -320521 -320521 942344 461490 480854 480854 Insurance Claim - Storm Damage 900099 296017 296017 84190 84190 380207 42926269 3443501 0 32210650 750708 750708 465461 465461 11087570 8719830 1711577 656163 233485 144544 68334 20607 1757304 1385211 300593 71500 808940 625663 146102 37175 130322 118794 11528 68124 68124 1020091 1020091 180304 42413 87563 50328 500468 83466 417002 440362 147648 175599 117115 375205 108956 266249 1032263 1032263 428721 401843 21931 4947 148460 26856 71086 50518 647847 647847 3719888 3457050 262838 258727 5442 253285 Equipment, repairs, ser 2198493 2198493 Exhibit / Event Expense 1831807 1831807 Collection Acquisitions 228553 228553 Publications 51051 51051 304926 135752 114552 54622 28669080 21377549 6217028 1074503 488116 374697 2015222 2470771 207806 361576 375504 377052 69408 137548 113856569 77290625 38076475 36565944 162914040 174816628 181951579 180133683 475264 726840 386573414 395964739 1964284 1984397 271211 410082 21115205 18989774 3696679 3521335 27047379 24905588 X 296127623 302992300 28957469 29132091 34440943 38934760 359526035 371059151 386573414 395964739 14257189 -2724073 0 X X 0 1 X 1 1 1 X 7016692 8549269 6886934 4872670 7272118 34597683 7016692 8549269 6886934 4872670 7272118 34597683 1920360 32677323 3885118 4672502 3702806 3544969 4649118 20454513 55052196 23043167 0.59360 0.59010 X X X X X X Digital Collection & Record 0 345247632 4493817 28820872 740501 19981533 1020091 356820196 329002321 177782 36671303 746396 18941604 915774 345247632 356108224 1974789 -10216745 705017 17565983 592947 329002321 363356222 3409584 9570562 672591 18792409 763144 356108224 329367641 2570116 49516555 665486 16819514 613090 363356222 0.81670 0.10910 0.07420 0 0 6705791 6705791 96187964 69802163 26385801 10962814 7488462 3474352 36565944 58612462 F Endowment cash 10664898 F Limited partnerships 75127859 F Private equity funds 18425823 F Other mutual funds 17302641 F 180133683 Construction in process 726840 726840 Accrued pension expense 3516708 Bond Interest Swap Liability 4627 3521335 40024528 -2724073 1092587 -1631486 41656014 1020091 250164 1270255 42926269 28491412 1092587 1092587 27398825 1020091 250164 1270255 28669080 Part III, Line 1a: In conformity with FASB ASC 958-605, the financial statements exclude the value of the collection objects and library holdings. No determination can be made as to the aggregate value of such items. Winterthur records proceeds from deaccessions and disbursements for current period accessions in the statement of activity as revenue and expenditures, respectively. Proceeds from sales of collection items are limited to the acquisition of other items for collections. Winterthur employs conservation and curatorial staff to ensure that the collection is protected and preserved. Part III, Line 4: Winterthur's collection of decorative and fine arts remains one of the best in the country, and objects are displayed in 175 museum rooms and 35,000 square feet of self-guided galleries. The collections include over 90,000 objects including furniture, architecture, textiles, paintings, metals, ceramics, glass, and works of art on paper. The comprehensive research library features books, periodicals, manuscripts, visual images, and ephemera. Much of the scholarship on early American material culture has been written on the basis of research conducted at Winterthur, via both its collection of objects as well as the material found in its library. The Winterthur and University of Delaware Program in American Material Culture (WPAMC) is the country's leading graduate program in the study of American decorative arts and material life, and the Winterthur/University of Delaware Program in Art Conservation (WUDPAC) is one of only four graduate programs in the United States that educates and trains conservation professionals in multiple disciplines to care for our cultural heritage. Winterthur Museum, Garden & Library is committed to providing an array of artistic and educational programming. Currently, we are designing exhibitions, programs, and events that utilize our rich collection materials and vast knowledge base to appeal to Winterthur's traditional visitor while encouraging the patronage of a new, diverse, and intergenerational audience. Over the years, through innovative exhibitions, programs, and events, Winterthur has become a unique national treasure, a vital community resource, and a place that engages adults and youth in entertaining and memorable experiences that are relevant to their lives. Winterthur's goal has been to interpret its collections through enticing programs that help young visitors understand people, art, and landscapes-past and present. Culture enthusiasts and families with children make up the bulk of Winterthur's general attendance, of over 128,000 in FY2018. Many of these visitors are cultural tourists and museum members who take garden tours, docent-guided gallery tours, guided period room tours, special focus tours, or partake in Winterthur's family and school programming. Winterthur offers eighteen interactive, curriculum-based and developmentally-appropriate programs for students in preschool through the 12th grade. These programs take place both at Winterthur and in school classrooms throughout the Delaware Valley as part of our school outreach program, and are often geared toward our changing exhibitions. Part XI, Line 2d - Other Adjustments: Special Event Expenses 631,097. Cost of Goods Sold 461,490. Part XI, Line 4b - Other Adjustments: Program grant netted on financial statements 250,164. Part XII, Line 2d - Other Adjustments: Special Event Expenses 631,097. Cost of Goods Sold 461,490. Part XII, Line 4b - Other Adjustments: Program grant netted on financial statements 250,164. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investment 60499910 0 0 0 0 0 0 60499910 0 60499910 1 0 0 0 1 0 Point to Point Races 616654 561955 54699 19707 12069 345696 Delaware Antiques Show 373616 117739 255877 21000 80904 151721 990270 679694 310576 40707 92973 497417 631097 -320521 1 Winterthur Program in American Material Culture 16 333140 FMV Research Fellowship 31 417568 FMV Part I, Line 2: The only disbursements made to non-affiliated persons in furtherance of its mission and exempt purpose are to the graduate students (Winterthur Program in American Material Culture) and research fellowships (Research Fellowship Program). The graduate student awards are made according to admission procedures consistent with practices at the University of Delaware, which co-sponsors the awards, and supervised by University of Delaware faculty. All Research Fellowship awards are made according to selection procedures consistent with practices of the National Endowment for the Humanities. Graduate student award funds are monitored according to internal fiscal practices of both the Winterthur Museum and the University of Delaware. Research Fellowship expenditures are monitored by monthly internal tracking. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Dr David P Roselle Executive Director; Trustee Emeritus 261473 0 0 0 0 0 3850 0 4721 0 270044 0 0 0 Mr Robert Necarsulmer CFO and Treasurer 188364 0 0 0 0 0 0 0 7053 0 195417 0 0 0 Mr Robert R Davis Dir.-Development 211231 0 0 0 0 0 3133 0 4027 0 218391 0 0 0 Mr John Savage Dir.-Museum Affairs 168013 0 0 0 0 0 2526 0 9323 0 179862 0 0 0 Ms Lisbeth Selsor Dir.-Human Resources 158774 0 0 0 0 0 0 0 12508 0 171282 0 0 0 Mr Christopher Strand Dir.-Garden and Estate 148805 0 0 0 0 0 2331 0 18744 0 169880 0 0 0 Mr Nicholas P Lambrow Banking relationship with Trustee 0 Mr. Nicholas P. Lambrow became a Trustee of Winterthur in May 2012. Mr. Lambrow is President - Delaware Region at M&T Bank. Winterthur has done business with M&T and Wilmington Trust Company (which was acquired by M&T) for many years. Mr. Lambrow played no role in this business being awarded to M&T Bank and does not have any direct compensation tied to the retention of this business. It is an established policy that all Trustees recuse themselves from Committee or Board decisions for which they or their firms have a potential conflict of interest. 0 Mr Christopher S Patterson Real estate relationship with Trustee 0 Mr. Patterson became a Trustee of Winterthur in May 2018. Mr. Patterson is a real estate agent with the family's real estate firm. Winterthur has done business with Patterson-Schwartz for many years. It is an established policy that all Trustees recuse themselves from Committee or Board decisions for which they or their firms have a potential conflict of interest. 0 X 161 FASB ASC 958-360-25 X FASB ASC 958-360-25 X 23 780449 Fair Market Value 2 0 1 1 Part I, Line 32b: Winterthur uses a brokerage account with an unrelated financial institution to process non-cash contributions of stock. Deaccessioned material is sold thru public auction houses, e.g. Sotheby's, Pook & Pook, Inc. and Christie's. Part I, Line 33: A zero amount is reported in Sch M, Part I, line 3(c), because Winterthur does not capitalize its collection, as allowed under FASB ASC 958-360-25. Form 990, Part VI, Section A, line 2 Some Board members share a family relationship. Form 990, Part VI, Section B, line 11b The Audit Committee reviews the Form 990 before the return is signed and filed. Form 990, Part VI, Section B, line 12c Each Trustee must complete a Conflict of Interest Policy Disclosure Statement upon his/her election to the Board and annually thereafter. Board members are required to acknowledge a potential conflict to the Board prior to entering into a transaction with the Museum. The minutes of the Board meeting at which a disclosure of conflict is made shall reflect the occurrence and the outcome. The Executive Director monitors contracts and vendor payments for potential conflicts of interest and informs the Chairman of the Board. The Chairman then brings the potential conflict to the Board for discussion when deemed possibly material. Form 990, Part VI, Section B, line 15 The Human Resources Committee of the Board of Trustees oversees a national salary survey every three years. The Committee also gathers local salary data to help establish current market values for the Museum's salaried positions. The collected survey data supports a salary structure that aligns every position within a salary range. The Human Resources Committee reviews all salary rates including the Executive Director and departmental Directors and then approves the rates of pay prior to budget approval for the next fiscal year. Form 990, Part VI, Section C, line 19 While the Museum routinely provides copies of the audited financial statements when requested,it has never received a request for its conflict of interest policy or governing documents. Although there is no legal requirement that it do so, in the interest of transparency, requests of this nature will be evaluated by the Museum and responded to on a case by case basis. Form 990, Part XII, Line 2c Winterthur has an Audit Committee that is responsible for the selection and oversight of the independent auditor.