2024-07-22T14:39:08-05:00 2023-09-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2022-10-01 251492587 PHIPPS CONSERVATORY AND BOTANICAL GARDENS INC PHIP 4126226915 ONE SCHENLEY PARK PITTSBURGH PA 15213 KATIE LYNCH CFO 4126226915 2024-07-08 1 KATIE LYNCH 999009999 0 SARAH R PIOT P01358891 4122613644 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD PIACENTINI ONE SCHENLEY PARK PITTSBURGH PA 15213 22252164 0 X WWW.PHIPPS.CONSERVATORY.ORG X 1985 PA PHIPPS IS THE PLACE WHERE PEOPLE DISCOVER THE BEAUTY OF HUMANITY LIVING IN HARMONY WITH NATURE. 36 36 214 220 121035 51340 10211485 9074027 4873792 5955879 1006970 412699 1736025 1340697 17828272 16783302 40000 35000 0 0 6346246 7585064 0 0 543507 7778763 8086054 14165009 15706118 3663263 1077184 77772269 79758517 3973614 4288723 73798655 75469794 X PHIPPS' MISSION IS TO INSPIRE AND EDUCATE ALL WITH THE BEAUTY AND IMPORTANCE OF PLANTS, TO ADVANCE SUSTAINABILITY AND PROMOTE HUMAN AND ENVIRONMENTAL WELL-BEING THROUGH ACTION AND RESEARCH, AND TO CELEBRATE ITS HISTORIC GLASSHOUSE. 0 0 2577354 6246762 OVERVIEW: PHIPPS CONTINUED TO MOVE FORWARD WITH ITS PROVEN "REGENERATIVE" APPROACH TO TRANSFORM FORMIDABLE CHALLENGES INTO OPPORTUNITIES TO RECOVER, STRENGTHEN AND GROW THE ORGANIZATION. WITH REGENERATIVE SYSTEMS THINKING, PHIPPS HAS CHANNELED THE TENSION FOR CHANGE WHEN CHALLENGES ARISE TO RECONCILE THESE FORCES AND CREATE NEW AND IMPACTFUL DELIVERABLES FOR ALL PROGRAM PARTNERS. IN THIS WAY, PHIPPS EVOLVES AND FURTHER IMPELS THE COMMUNITY'S RESILIENCE AFTER THE RECENT PERIOD OF ECONOMIC AND PANDEMIC FLUX SO THAT EVERY GENERATION MAY FIND FULFILLMENT IN THE BEAUTY OF PHIPPS, INSPIRATION IN ITS GARDENS, PERSONAL AND COMMUNITY GROWTH IN ITS PROGRAMS, AND ESSENTIAL WAYS TO MITIGATE CLIMATE CHANGE AND BIODIVERSITY LOSS.SEE CONTINUATION ON SCHEDULE O.GUEST SERVICES: OPERATIONS ARE RECOVERING FROM THE PANDEMIC'S ECONOMIC DOWNTURN. VISITATION IS STABILIZING AND APPROACHING PRE-PANDEMIC LEVELS AS WE USE TIMED TICKETING TO SPREAD VISITATION THROUGHOUT THE DAY. THIS HAS RESULTED IN A SAFER AND MUCH BETTER VISITOR EXPERIENCE FOR OUR GUESTS. THROUGH PRUDENT PLANNING AND COUNTERMEASURES, CONSERVATORY LEADERSHIP HAS BEEN ABLE TO GRAPPLE WITH ANY NEGATIVE SHORT-TERM FINANCIAL IMPLICATIONS. TO ADDRESS AN EVOLVING FUTURE, LEADERSHIP REMAINS ENGAGED IN VIGOROUS SHORT- AND LONG-TERM SCENARIO FORECASTING TO MOVE THE ORGANIZATION FORWARD.AT PHIPPS, GUESTS ENCOUNTER LIFE-ENHANCING ENVIRONMENTAL WAYS OF LIVING IN THE TRANQUIL, HEALTHY NEXUS OF ORNAMENTAL HORTICULTURE WITH ART, SCIENCE, AND THE HUMANITIES. WOVEN INTO THE REGION'S CIVIC IDENTITY AS A PREMIER CULTURAL ATTRACTION AND ACCLAIMED AS ONE OF THE NATION'S FINEST GARDEN-CONSERVATORY EXPERIENCES, PHIPPS IS A GLOBAL GARDEN THAT ENRICHES THE COMMUNITY BY: 1) CREATING AND CULTIVATING BEAUTY, ADVANCING LIFE'S QUALITY; 2) SHARPENING SUSTAINABLE GARDENING AND LANDSCAPING SKILLS AND SCIENCE; 3) ADDRESSING POOR NUTRITION FOR NEIGHBORS IN URBAN FOOD DESERTS THROUGH A NETWORKS OF HOUSEHOLD RAISED-BED VEGETABLE GARDENS AND ONE-ON-ONE MENTORING FOR FRESH PRODUCE IN HOMES TO SUPPORT HEALTHIER LIFESTYLE CHOICES; 4) GROWING COMMUNITY STEAM-H EDUCATION (STEM, ART, HUMANITIES AND HEALTH) THROUGH DYNAMIC ON- AND OFF-SITE PROGRAMMING; AND, 5) DEMONSTRATING HOW TO LIVE, WORK, AND LEARN IN HEALTHY BUILT AND NATURAL ENVIRONMENTS. A LIVING MUSEUM, PHIPPS IS A POPULAR RESTORATIVE DESTINATION FOR RESIDENTS AND A RECOGNIZED FIRST-DAY TOURIST ATTRACTION. GUESTS ENTER AN AWARD-WINNING GARDEN-CONSERVATORY IN WHICH SOARING GLASS PAVILIONS WHISK ONE AWAY TO OTHER WORLDS AND CULTURES: FROM TROPICAL BIODIVERSITY HOTSPOTS TO BONE-DRY DESERT, FROM ELEGANT FORMAL GARDENS TO BLOOMING COUNTRY LANES WITH FLOWERS FROM ENGLAND, FRANCE, JAPAN, CUBA AND OTHER COUNTRIES. GUESTS MOVE THROUGH CURATED DISPLAY AREAS BEJEWELED WITH SCULPTURES BY RENOWNED BOTANICAL GLASS ARTISTS AMIDST EXHIBITS AND SEASONAL FLOWER SHOWCASES. ONE MAY SEE SMILING CHILDREN IN ROWS WITH HANDS RAISED HIGH OVER THEIR HEADS IN IMITATION OF THE TROPICAL FOREST CONSERVATORY'S TREE CANOPY. INSIDE THIS CONSERVATORY HAILED FOR ITS DESIGN BREAKTHROUGHS, GUESTS ARE IMMERSED IN A TRIENNIALLY FEATURED RAINFOREST'S WEB OF LIFE, CURRENTLY TROPICAL FOREST HAWAI'I. LEAVING THE TROPICAL FOREST EXHIBIT, ONE MOVES OUTDOORS INTO THE FUTURE - ONE IN WHICH THE BUILT AND NATURAL ENVIRONMENTS MEET HARMONIOUSLY AS NOWHERE ELSE, IN AN AWARD-WINNING LIVING CAMPUS. ON THIS STIMULATING 3-ACRE SITE, THREE OF THE WORLD'S GREENEST BUILDINGS - ILLUMINATING THE INEXTRICABLE CONNECTIONS BETWEEN HUMAN AND ENVIRONMENTAL HEALTH ARE UNITED BY A CURATED LANDSCAPE AND POPULAR FROG LAGOON. TOURING PHIPPS, GUESTS SHARE IN EXCITING INTERACTIVE EXHIBITS, GLIMPSE INTO THE INNER WORLD OF PLANTS, AND GAIN KNOWLEDGE OF HOW TO MEET THE FUTURE'S REGENERATIVE CHALLENGES. WHEN SELECTING PITTSBURGH AMONG THE WORLD'S BEST PLACES AND COMMUNITIES, NATIONAL GEOGRAPHIC NAMED PHIPPS AS THE EPITOME OF THE REGION'S TRANSFORMATION OF ITS STORIED STRENGTHS TO EMBRACE A FUTURE OF CONSEQUENCE. 2482576 HORTICULTURE: SINCE OPENING IN 1893 AS THE NATION'S FIRST LARGE PERMANENT GARDEN-CONSERVATORY AND BEING RECOGNIZED AS THE FIRST TEACHING ONE IN 1901, PHIPPS HAS CONNECTED PEOPLE TO NATURE AND EACH OTHER THROUGH THE BEAUTY AND SCIENCE OF PLANTS IN LIFE-CHANGING WAYS. PITTSBURGH'S GARDEN-CONSERVATORY IS ONE OF A SELECT NUMBER OF THE NATION'S PUBLIC GARDENS ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS (AAM). WITH ITS ANNUAL CYCLE OF FIVE FACILITY-WIDE SEASONAL FLOWER SHOWCASES AND OTHER LEADING-EDGE EXHIBITS, PHIPPS DISPLAYS THE CAPTIVATING INNER-WORLD OF PLANTS TO THE PUBLIC WHO MAY DELVE DEEPER THROUGH CURATED EDUCATION, RESEARCH, AND COMMUNITY PROGRAMMING. SEE CONTINUATION ON SCHEDULE O.WITH GARDENING A PASTIME OF CHOICE IN U.S. HOUSEHOLDS, THE LANDMARK GARDEN-CONSERVATORY MUSEUM WELCOMES THRONGS OF VISITORS TO ITS LOCATION IN A 456-ACRE URBAN PARK HISTORIC DISTRICT ADJACENT TO A BURGEONING RESEARCH, MEDICAL AND UNIVERSITY DISTRICT, THE ENGINE FOR PITTSBURGH'S RANKING AS ONE OF AMERICA'S FOUR INNOVATION CITIES (BROOKINGS INSTITUTION IN 2017).THE RENOWNED PHIPPS "LEARNING AND INNOVATION ECOSYSTEM" ENCOMPASSES 14 GLASSHOUSE AND 8 OUTDOOR GARDEN-ROOM EXHIBITORIES, AND 3 EDUCATION-FACILITY BUILDINGS. PHIPPS' ECOSYSTEM IS REMARKABLE FOR COMBINING THE LATEST ENVIRONMENTAL KNOWLEDGE, INNOVATION AND TECHNOLOGY WITH: GROUND-BREAKING RESEARCH; LAUNCHING LEADING-EDGE EDUCATION PROGRAMS; ERECTING PIONEERING REGENERATIVE LANDSCAPES AND BUILDINGS; AND OFFERING NEW CULTURAL OPPORTUNITIES TO THE REGION AND BEYOND. TO DEMONSTRATE THE ESSENTIAL AND BENEFICIAL CONNECTION BETWEEN HUMAN AND ENVIRONMENTAL HEALTH, PHIPPS ADVANCES ITS MISSION BY MOUNTING PACESETTING PLANT-BASED EXHIBITS, EDUCATION, RESEARCH, AND OUTREACH PROGRAMMING IN TRAIL-BLAZING GREEN BUILDINGS AND LANDSCAPES TO INSPIRE WONDER, APPRECIATION AND CONSERVATION OF NATURE. 1080212 35000 555989 EDUCATION: AMERICA'S FIRST PUBLIC TEACHING CONSERVATORY, PHIPPS CONSTRUCTS PIONEERING, SUSTAINABLE GARDEN ROOMS AND BUILDINGS TO COMBINE THE LATEST ENVIRONMENTAL KNOWLEDGE, INNOVATION AND TECHNOLOGY WITH AWARD-WINNING OPERATIONS AND PROGRAMMING. THE PHIPPS MAKER-STYLE APPROACH TO LIFELONG LEARNING DATES TO THE GARDEN'S EARLIEST DAYS AS A TEACHING CONSERVATORY. IN MAKER EDUCATION, LEARNERS IMAGINE, DESIGN, AND CREATE HANDS-ON PROJECTS THAT DEEPEN AND SHARE KNOWLEDGE. TODAY, THE ORGANIZATION CATALYZES THE WORK OF PUBLIC, PRIVATE, AND GOVERNMENT PARTNERS WITH REGENERATIVE THINKING TO ADDRESS PRESSING ISSUES IN ECOLOGY, HORTICULTURE, GREEN BUILDINGS AND ENERGY, AND HEALTHY LIVING.SEE CONTINUATION ON SCHEDULE O.THROUGH A VIBRANT PALETTE OF ON- AND OFF- SITE, AND VIRTUAL EDUCATIONAL, RESEARCH, AND OUTREACH PROGRAMMING, PHIPPS OFFERS MORE THAN 150 CLASSES, SYMPOSIA AND LECTURES EACH CALENDAR QUARTER; AND, CONSERVATORY EDUCATIONAL PROGRAMS - SUCH AS KIDS' BOOT CAMPS AND THE LEARNING-BY-PLAYING FAIRCHILD CHALLENGE HAS ENGAGED THOUSANDS OF CHILDREN AND YOUTH IN HUNDREDS OF SCIENCE AND ENVIRONMENTAL LITERACY INITIATIVES.AN EDUCATIONAL DEMONSTRATION SITE, PHIPPS LEADS BY EXAMPLE IN ADDRESSING MANY HUMAN AND ENVIRONMENTAL HEALTH ISSUES, BY ACTIVITIES THAT INCLUDE BUILDING SOME OF THE WORLD'S GREENEST BUILDINGS TO SERVING HEALTHY FOODS IN ITS CAFE. FOR EXAMPLE, THREE OF PHIPPS' BUILDINGS ARE ZERO-ENERGY, AND ALL ELECTRICITY USED IS RENEWABLE (SOLAR-POWER PRODUCED ON SITE OR PURCHASED) AND ALL CARBON PRODUCED IN HEATING ITS BUILDINGS IS OFFSET. TO LEVERAGE THE COMMUNITY IMPACT OF GARDENS, MUSEUMS AND ZOOS AROUND THE WORLD, PHIPPS CREATED THE CLIMATE TOOLKIT (CLIMATETOOLKIT.ORG), A COLLABORATIVE NETWORK THAT ALLOWS THESE ORGANIZATIONS TO SHARE, MENTOR, LEARN AND DEMONSTRATE STRATEGIES TO MITIGATE CLIMATE CHANGE.PHIPPS' BOTANY IN ACTION FELLOWS PROGRAM FOR PHD CANDIDATES FOSTERS A NEW GENERATION OF SCIENTISTS COMMITTED TO SUPERIOR PLANT-BASED RESEARCH AND PUBLIC EDUCATIONAL ENGAGEMENT. TO DATE, BIA HAS UNDERWRITTEN THE SCIENTIFIC FIELD RESEARCH AND PUBLIC COMMUNICATION TRAINING OF 77 DOCTORAL STUDENTS REPRESENTING 36 UNIVERSITIES AND WORKING IN 29 COUNTRIES. DYNAMIC PARTNERSHIPS ARE ONGOING WITH UNIVERSITY FACULTY, GRADUATE, AND UNDERGRADUATE STUDENTS. IN 2017, PHIPPS SECURED MAJOR FUNDING TO LAUNCH THE NATION'S FIRST RESEARCH INSTITUTE FOR BIOPHILIA AND SCIENCE ENGAGEMENT; IT PROVIDES TRAINING FOR SCIENTISTS DOING BIOPHILIC RESEARCH THROUGH INTERNSHIPS, FELLOWSHIPS, CERTIFICATIONS AND TRAINING IN SCIENCE COMMUNICATION AND OUTREACH. 8055649 INCLUDED IN OTHER PROGRAM SERVICES ARE DEPRECIATION, COSTS FOR MAINTAINING THE FACILITIES, INDIRECT LABOR AND OVERHEAD AND OTHER MISCELLANEOUS EXPENSES. 8055649 14195791 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 77 0 1 214 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 36 36 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X KATIE LYNCH CFO 4126226915 1 SCHENLEY PARK PITTSBURGH PA 152133830 WALTER BURLACK IMMEDIATE PAST CHAIR 5.00 0.00 X X 0 0 0 ERICA COCHRAN-HAMEEN CHAIR 5.00 0.00 X X 0 0 0 MATTHEW MEHALIK VICE CHAIR 5.00 0.00 X X 0 0 0 BILL SLIVKA TREASURER 5.00 0.00 X X 0 0 0 PATTY DEMARCO SECRETARY 5.00 0.00 X X 0 0 0 NATHAN BOXX TRUSTEE 2.00 0.00 X 0 0 0 FRED BROWN TRUSTEE 2.00 0.00 X 0 0 0 EMILY COLLINS TRUSTEE 2.00 0.00 X 0 0 0 SHERRY DUCARME TRUSTEE 2.00 0.00 X 0 0 0 BEV ELLIOTT TRUSTEE 2.00 0.00 X 0 0 0 MARITA GARRETT TRUSTEE 2.00 0.00 X 0 0 0 JUI JOSHI TRUSTEE 2.00 0.00 X 0 0 0 JOANNE KILGOUR TRUSTEE 2.00 0.00 X 0 0 0 VERA KREKANOVA TRUSTEE 2.00 0.00 X 0 0 0 JOSEPH LAGANA TRUSTEE 2.00 0.00 X 0 0 0 SCOTT LAMMIE TRUSTEE 2.00 0.00 X 0 0 0 VIVIAN LOFTNESS TRUSTEE 2.00 0.00 X 0 0 0 RYAN MARTIN TRUSTEE 2.00 0.00 X 0 0 0 TAMI MINNIER TRUSTEE 2.00 0.00 X 0 0 0 CAROLINE MITCHELL TRUSTEE 2.00 0.00 X 0 0 0 JENNIFER MUSE TRUSTEE 2.00 0.00 X 0 0 0 KELLY NOEL TRUSTEE 2.00 0.00 X 0 0 0 MARY ODOM TRUSTEE 2.00 0.00 X 0 0 0 MIKE PARKINSON TRUSTEE 2.00 0.00 X 0 0 0 JOHN POLLOCK TRUSTEE 2.00 0.00 X 0 0 0 BILLY PORTER TRUSTEE 2.00 0.00 X 0 0 0 DIANA MRVOS RATH TRUSTEE 2.00 0.00 X 0 0 0 PHILIP REEDER TRUSTEE 2.00 0.00 X 0 0 0 ANDRE SAMUEL TRUSTEE 2.00 0.00 X 0 0 0 KRISHNA SHARMA TRUSTEE 2.00 0.00 X 0 0 0 GINNY SIMMONS TRUSTEE 2.00 0.00 X 0 0 0 NATALIA SKURMAN TRUSTEE 2.00 0.00 X 0 0 0 TIM SMITH TRUSTEE 2.00 0.00 X 0 0 0 JOHN STOLZ TRUSTEE 2.00 0.00 X 0 0 0 RITU THAMMAN TRUSTEE 2.00 0.00 X 0 0 0 MISSY UNKOVIC TRUSTEE 2.00 0.00 X 0 0 0 RICHARD PIACENTINI PRESIDENT AND CEO 40.00 2.00 X 540177 0 27937 KATIE LYNCH CHIEF FINANCIAL OFFICER 40.00 4.00 X 134613 0 24374 GREGORY R DUFOUR DIRECTOR, CAPITAL CAMPAIGN 40.00 0.00 X 174162 0 18921 MARJORIE A RADEBAUGH DIR., HORTICULTURE 40.00 0.00 X 136827 0 16228 JOSEPH REED SENIOR DIRECTOR OF COMMUNICATIONS 40.00 0.00 X 117249 0 14704 SARAH STATES PHD DIRECTOR OF RESEARCH & SCIENCE ED 40.00 0.00 X 107780 0 7985 JANICE KORTZ RETIRED 922 FORMER DIR., HR & OPERATIONS 0.00 0.00 X 147828 0 14362 1358636 0 124511 7 1 1 0 RENOVATION SERVICES INC 187 PAVILION PARKWAY SUITE 300 NEWPORT KY 41071 CONSTRUCTION SERVICES 1453222 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE & JANITORIAL SERVICE 908360 HANLON ELECTRIC COMPANY 530 OLD FRANKSTOWN ROAD MONROEVILLE PA 15146 ELECTRICAL CONTRACTOR 434258 RUTHRAUFFSAUER LLC PO BOX 645398 PITTSBURGH PA 15264 HVAC CONTRACTOR 283394 TEDCO CONSTRUCTION COMPANY TEDCO PLACE CARNEGIE PA 15106 GENERAL CONTRACTOR 271334 8 1947060 4792243 2334724 9074027 ADMISSIONS 900099 5399890 5399890 EDUCATIONAL TOURS/CLASSES 900099 547989 547989 RESEARCH 900099 8000 8000 5955879 521802 521802 728107 671235 56872 56872 56872 3694277 3803380 -109103 -109103 -109103 1954154 994247 959907 838872 121035 SUBSIDIARY REIMBURSEMENTS 900099 308676 308676 TAX BENEFIT 900099 15242 15242 323918 16783302 6794751 121035 793489 X 35000 35000 934986 818712 60696 55578 5255343 4601795 341156 312392 246617 215948 16009 14660 712481 623878 46252 42351 435637 381462 28280 25895 59055 59055 161004 161004 318998 280423 38575 1939157 1933448 5709 332796 332796 104218 52224 51788 206 1217210 1206547 5149 5514 112997 112974 23 39169 33294 5875 2211574 2175639 35935 267334 263404 1474 2456 PROGRAMS & SUPPLIES 816949 794698 22251 EQUIPMENT RENTAL 229178 142449 72377 14352 DUES 100656 83915 6847 9894 EQUIPMENT 61599 34216 27383 114160 72969 8965 32226 15706118 14195791 966820 543507 9200 5300 10610229 9536610 3052806 3529553 151635 363822 303843 268234 259610 231450 85024402 30093215 53359949 54931187 5927207 6563689 1604462 1975875 2493328 2352797 77772269 79758517 1511207 1846001 452954 435014 1652005 1575382 357448 432326 3973614 4288723 X 54386888 55254067 19411767 20215727 73798655 75469794 77772269 79758517 X 1077184 902631 -308676 X X 0 1 X 1 0 X 8668369 10694591 9739353 10211485 9074027 48387825 8668369 10694591 9739353 10211485 9074027 48387825 2824332 45563493 875686 494091 555549 969820 1249909 4145055 210283 244874 51340 506497 265059 230878 251411 281037 323918 1352303 54391680 24731325 0.83770 0.84560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1125901 X X X 0 6022489 7000 757413 119613 46633 6620656 7503953 63774 -1374552 122702 47984 6022489 4418503 2136400 1174769 183263 42456 7503953 4084905 2500 487356 125298 30960 4418503 3720988 254246 245689 106889 29129 4084905 0.00000 0.85430 0.14570 0 0 77769963 29987637 47782326 2990955 101422 2889533 4263484 4156 4259328 54931187 457 PLAN 432326 432326 X 22001863 902631 4624606 5527237 16474626 308676 308676 16783302 20115315 4409197 4409197 15706118 0 15706118 PART III, LINE 4: PHIPPS' GLASS COLLECTION INCLUDES WORKS FROM THREE GLASS ART EXHIBITIONS HELD AT THE CONSERVATORY. PLACED THROUGHOUT THE GARDENS ARE EIGHT INSTALLATIONS OF CHIHULY PIECES AS WELL AS TWO INSTALLATIONS EACH FROM GLASS ARTISTS HANS GODO FRABEL AND JASON GAMRATH. THE PIECES WERE PURCHASED SPECIFICALLY TO DEMONSTRATE BOTANICAL ART AND THEIR RELATIONSHIP TO THE ACCOMPANYING PLANTS. PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS OF PHIPPS CAN BE DESCRIBED AS FOLLOWS. EACH YEAR, THE BOARD OF TRUSTEES VOTES ON THE PERCENTAGE OF ENDOWMENT EARNINGS THAT WILL BE ALLOCATED FOR DESIGNATED AND GENERAL SUPPORT PURPOSES. THERE ARE SEVERAL FOCI OF ENDOWMENT FUNDS AT PHIPPS: 1) DIRECTOR OF HORTICULTURE SALARY AND BENEFITS UNDERWRITING; 2) BOTANY IN ACTION FELLOWSHIP PROGRAMMING FOR DOCTORAL STUDENT RESEARCH AND SUPPORT; 3) CONSERVATORY AND GARDEN CENTER SITE GENERAL OPERATING SUPPORT; 4) SEASONAL FLOWER SHOWCASES AND SPECIAL IMPACT EXHIBIT PROGRAM FUNDING; 5) THE PHIPPS RESEARCH INSTITUTE FOR BIOPHILIA AND SCIENCE COMMUNICATION AND OTHER PROSPECTIVE RESEARCH PROGRAMMING RELATED TO THE CENTER FOR SUSTAINABLE LANDSCAPES AND ITS LIVING CAMPUS; THIS ENDOWMENT RESEARCH FUNDING IS ALSO PART OF THE CURRENT CAPITAL CAMPAIGN, REIMAGINING PHIPPS. PART X, LINE 2: PHIPPS IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO PHIPPS' TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, PHIPPS QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). PHIPPS HAS ESTABLISHED POLICIES FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE HAVE BEEN NO INTEREST OR PENALTIES RECOGNIZED IN EITHER THE STATEMENT OF ACTIVITIES OR IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, NO TAX POSITIONS EXIST FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT 12 MONTHS. PHIPPS EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS AND DISCUSSIONS WITH OUTSIDE EXPERTS. PHIPPS' OPEN AUDIT PERIODS INCLUDE 2020 THROUGH 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARY REVENUE 2,959,124. COST OF GOODS SOLD 994,247. RENTAL EXPENSE 671,235. PART XI, LINE 4B - OTHER ADJUSTMENTS: SHARED SERVICES 308,676. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 994,247. RENTAL EXPENSE 671,235. SUBSIDIARY EXPENSES 2,743,715. 1 BOTANICAL RESEARCH 7 35000 N/A N/A PART I, LINE 2: BOTANY IN ACTION FELLOWS ARE REQUIRED TO SUBMIT AN ANNUAL REPORT THAT DESCRIBES THEIR RESEARCH AND OUTREACH ACTIVITIES DURING THE YEAR OF THE GRANT. THE FELLOWS ALSO SPEND FOUR DAYS ATTENDING SCIENCE ENGAGEMENT WEEK, WHERE PHIPPS ORGANIZES TRAINING SESSIONS AND PROVIDES THE FELLOWS WITH OPPORTUNITIES TO SHARE THEIR RESEARCH WITH LOCAL SCHOOLS, PHIPPS' MEMBERS AND OTHER GUESTS. AFTER THE CONCLUSION OF SCIENCE ENGAGEMENT WEEK, THE FELLOWS ARE ASKED TO KEEP A BLOG THAT THEY HAVE TO UPDATE ONCE A MONTH. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 RICHARD PIACENTINI PRESIDENT AND CEO 398297 0 71633 0 70247 0 18300 0 9637 0 568114 0 0 0 GREGORY R DUFOUR DIRECTOR, CAPITAL CAMPAIGN 166367 0 6000 0 1795 0 10524 0 8397 0 193083 0 0 0 JANICE KORTZ RETIRED 922 FORMER DIR., HR & OPERATIONS 138346 0 9000 0 482 0 7873 0 6489 0 162190 0 0 0 KATIE LYNCH CHIEF FINANCIAL OFFICER 127943 0 6000 0 670 0 8455 0 15919 0 158987 0 0 0 MARJORIE A RADEBAUGH DIR., HORTICULTURE 133146 0 3000 0 681 0 8305 0 7923 0 153055 0 0 0 PART I, LINE 1A PHIPPS CONSERVATORY AND BOTANICAL GARDENS, INC. PROVIDES THE PRESIDENT AND CEO A BUSINESS CLUB MEMBERSHIP LOCATED IN THE CITY CENTER. THE PRIMARY PURPOSE OF THE MEMBERSHIP IS FOR BUSINESS MEETINGS/MEALS THAT THE PRESIDENT AND CEO HAS OFF SITE OR WITH INDIVIDUALS WHO ARE LOCATED IN THE CITY ITSELF. ALL REIMBURSEMENTS ARE MADE PURSUANT TO THE ACCOUNTABLE PLAN RULES. PART I, LINE 7 THE FOLLOWING BONUSES WERE PAID IN 2022: PRESIDENT & CEO $71,633 DIRECTOR OF HR & OPERATIONS $9,000 DIRECTOR OF CAPITAL CAMPAIGN $6,000 DIRECTOR OF EDUCATION & HORTICULTURE $3,000 CHIEF FINANCIAL OFFICER $6,000 DIRECTOR OF GUEST SERVICES $9,000 SR. DIRECTOR OF COMMUNICATIONS $6,000 DIRECTOR OF RESEARCH & SCIENCE EDUCATION $6,000 FORM 990, PART VI, SECTION A, LINE 1A DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE MAY EXERCISE ALL THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE PROPERTY, BUSINESS AND AFFAIRS OF THE CORPORATION, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL HAVE NO POWER OR AUTHORITY AS TO THE FOLLOWING: (I) THE FILLING OF VACANCIES ON THE BOARD, (II) THE FILLING OF VACANCIES ON THE EXECUTIVE, AUDIT, FINANCE, TRUSTEESHIP, DEVELOPMENT AND COMPENSATION COMMITTEES, (III) THE ADOPTION, AMENDMENT OR REPEAL OF THE BYLAWS, (IV) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD. SIGNIFICANT ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED AT THE NEXT MEETING OF THE BOARD. MEETINGS OF THE EXECUTIVE COMMITTEE MAY BE CALLED, AND SHALL BE CHAIRED, BY THE CHAIRMAN OF THE BOARD, OR IN HIS ABSENCE, THE VICE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM AND IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ON A YEARLY BASIS, ALL MEMBERS OF THE BOARD OF TRUSTEES ARE PROVIDED THE PHIPPS CONFLICT OF INTEREST POLICY AND THE RELATED PROCEDURES. THEY ARE THEN REQUIRED TO COMPLETE THE CONFLICT OF INTEREST DISCLOSURE STATEMENT IDENTIFYING ANY POTENTIAL CONFLICTS, IDENTIFYING ANY OTHER BOARDS THEY MAY BE A MEMBER OF, AND IDENTIFYING THEIR EMPLOYER. THE TRUSTEESHIP COMMITTEE OF THE BOARD OF TRUSTEES IS THE GROUP RESPONSIBILE FOR ASSURING THAT EVERY DISCLOSURE STATEMENT IS RETURNED. TRUSTEES THAT HAVE A CONFLICT ARE ASKED TO VOICE THEIR AFFILIATIONS IN COMMITTEE AND FULL BOARD MEETINGS WHERE A DECISION RELATED TO THAT AFFILIATION VIA VOTE WILL BE MADE. ONCE VOICED, THE TRUSTEE ABSTAINS FROM VOTING ON THE DECISION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT AND CEO IS DETERMINED EACH YEAR BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THIS PROCESS HAS BEEN IN PLACE SINCE 1993 WHEN PHIPPS BECAME A NON-PROFIT. IN FISCAL YEAR 2015, THE COMPENSATION COMMITTEE EMPLOYED AN EXTERNAL FIRM TO PERFORM BENCHMARKING ANALYSIS REGARDING BOTH THE SALARIES OF THE PRESIDENT AND CEO AND THE DEPARTMENTAL DIRECTORS. THE COMPENSATION OF THE DEPARTMENTAL DIRECTORS IS DETERMINED BY THE PRESIDENT AND CEO AND DISCUSSED WITH THE CHAIRPERSON OF THE BOARD OF TRUSTEES. THE OVERALL RAISE PERCENTAGES ARE APPROVED AND DISCUSSED AS PART OF PHIPPS' YEARLY BUDGETING PROCESS. THE BUDGET ITSELF IS THEN APPROVED BY THE BOARD OF TRUSTEES BEFORE IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 19 PHIPPS MAKES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC VIEWING. ANY PERSON INTERESTED IN THIS INFORMATION CAN CONTACT THE CFO IN ADVANCE TO MAKE ARRANGEMENTS TO VIEW THE INFORMATION ON SITE, OR IF APPROPRIATE, THE INFORMATION CAN BE MAILED OR E-MAILED TO THE INDIVIDUAL FOR REVIEW. SEE CONTACT INFORMATION IN PART VI, SECTION C, ITEM 20. FORM 990, PART IX, LINE 11G OUTSOURCED IT: PROGRAM SERVICE EXPENSES 269,142. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 269,142. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,295,891. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 5,709. TOTAL EXPENSES 1,301,600. SECURITY: PROGRAM SERVICE EXPENSES 368,415. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 368,415. FORM 990, PART XI, LINE 9: SHARED SERVICES -308,676. FORM 990, PART XII, LINE 2C, OVERSIGHT OF FINANCIAL STATEMENT AUDIT: THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THE AUDIT COMMITTEE MEETS AT LEAST ONCE A YEAR TO REVIEW THE FINANCIAL STATUS OF PHIPPS AND ALSO MEETS AS A COMMITTEE WITH THE EXTERNAL INDEPENDENT AUDITORS TO REVIEW THE AUDITED FINANCIAL STATEMENTS. AFTER REVIEW BY THE AUDIT COMMITTEE, THE AUDITED FINANCIAL STATEMENTS ARE PROVIDED TO THE FULL BOARD OF TRUSTEES FOR FINAL APPROVAL AND PUBLICATION. IN ADDITION, EACH YEAR, THE AUDIT COMMITTEE DISCUSSES THE SELECTION OF THE INDEPENDENT EXTERNAL ACCOUNTANTS. THE COMMITTEE MAKES A RECOMMENDATION TO CONTINUE WITH THE CURRENT AUDITORS OR TO BID OUT THE PROCESS TO THE FULL BOARD OF TRUSTEES WHO THEN VOTE ON THE FINAL RECOMMENDATION. 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