2022-07-07T09:18:32-05:00 2021-09-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2020-10-01 251492587 PHIPPS CONSERVATORY AND BOTANICAL GARDENS INC PHIP 4126226915 ONE SCHENLEY PARK PITTSBURGH PA 15213 KATIE LYNCH CFO 4126226915 2022-07-06 1 KATIE LYNCH 999009999 MELANIE PANTALONE P01614571 4122613644 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RICHARD PIACENTINI ONE SCHENLEY PARK PITTSBURGH PA 15213 18355862 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. 37 37 205 53 118109 0 10694591 9739353 3454458 2773903 472695 1112690 640546 935517 15262290 14561463 36000 40000 0 0 6535127 6035066 0 0 534659 6840955 5765166 13412082 11840232 1850208 2721231 75804543 77535021 6489956 4984761 69314587 72550260 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 1745554 HORTICULTURE: SINCE OPENING IN 1893 AS THE NATION'S FIRST PERMANENT, LARGE ENCLOSED BOTANICAL GARDEN, PHIPPS HAS CONNECTED PEOPLE TO NATURE AND EACH OTHER THROUGH THE BEAUTY AND SCIENCE OF PLANTS. WITH ITS ANNUAL CYCLE OF FIVE FACILITY-WIDE SEASONAL FLOWER SHOWS AND OTHER ACCLAIMED EXHIBITS, PHIPPS DISPLAYS THE CAPTIVATING INNER-WORLD OF PLANTS TO THE PUBLIC WHO MAY DELVE DEEPER THROUGH CURATED EDUCATION, RESEARCH, AND COMMUNITY PROGRAMMING. THE LANDMARK GARDEN-CONSERVATORY IS LOCATED 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 BY THE BROOKINGS INSTITUTION IN 2017.CONTINUED, SEE SCHEDULE O.THE UNIQUE PHIPPS "LEARNING AND INNOVATION ECOSYSTEM" ENCOMPASSES 14 GLASSHOUSE AND 8 OUTDOOR GARDEN-ROOM EXHIBITORIES, AND 3 EDUCATION-FACILITY BUILDINGS. THE PHIPPS ECOSYSTEM HAS BECOME DISTINGUISHED FOR: INTRODUCING 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 MEET THE CHALLENGE OF DEMONSTRATING THE ESSENTIAL CONNECTION BETWEEN HUMAN AND ENVIRONMENTAL HEALTH, PHIPPS ADVANCES ITS MISSION BY MOUNTING SUPERLATIVE PLANT-BASED EXHIBITS, EDUCATION, RESEARCH, AND OUTREACH PROGRAMMING IN TRAIL-BLAZING GREEN BUILDINGS AND LANDSCAPES TO INSPIRE WONDER AND APPRECIATION OF NATURE. 1531028 3018151 GUEST SERVICES: OPERATIONS WERE DISRUPTED BY THE COVID-19 PANDEMIC. PUBLIC VISITATION WAS EITHER HALTED OR RESTARTED WITH ATTENDANCE CAPS IN LINE WITH GOVERNMENT AND CDC REQUIREMENTS. THROUGH PRUDENT PLANNING AND COUNTERMEASURES, CONSERVATORY LEADERSHIP GRAPPLED WITH THE NEGATIVE SHORT-TERM FINANCIAL IMPLICATIONS. TO ADDRESS AN EVOLVING FUTURE, LEADERSHIP REMAINS ENGAGED IN VIGOROUS SCENARIO FORECASTING TO MOVE FORWARD CAUTIOUSLY IN THE SHORT AND LONG TERM. CONTINUED, SEE SCHEDULE O. AT PHIPPS, GUESTS ENCOUNTER LIFE-CHANGING ENVIRONMENTAL WAYS OF LIVING IN THE TRANQUIL NEXUS OF ORNAMENTAL HORTICULTURE AND ART, SCIENCE, AND THE HUMANITIES. WOVEN INTO THE REGION'S CIVIC IDENTITY AS A PREMIER CULTURAL TOURIST 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 IN URBAN FOOD DESERTS THROUGH A NEIGHBORHOOD NETWORK OF HOUSEHOLD RAISED-BED VEGETABLE GARDENS AND ONE-ON-ONE MENTORING SUPPORT FOR HEALTHIER LIFESTYLE CHOICES; 4) GROWING COMMUNITY STEAM-H (STEM, ART, HUMANITIES AND HEALTH) EDUCATION 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 TOURISTS. 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. LEAVING THE TROPICAL FOREST, ONE MOVES OUTDOORS INTO THE FUTURE - ONE IN WHICH THE BUILT AND NATURAL ENVIRONMENTS MEET HARMONIOUSLY AS NOWHERE ELSE, IN A LIVING CAMPUS. ON THIS STIMULATING 3.6-ACRE SITE, THREE PACESETTING STRUCTURES - ALL DISTINGUISHED AS THE WORLD'S HEALTHIEST - ARE UNITED BY AN AWARD-WINNING 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. IN SELECTING PITTSBURGH AMONG THE BEST OF THE WORLD 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. 735962 40000 315341 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.CONTINUED, SEE 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 - AND HAS ENGAGED MORE THAN 25,000 CHILDREN AND YOUTH IN HUNDREDS OF SCIENCE AND ENVIRONMENTAL LITERACY INITIATIVES.PHIPPS LEADS BY EXAMPLE IN ADDRESSING MANY HUMAN AND ENVIRONMENTAL HEALTH ISSUES, FROM BUILDING SOME OF THE GREENEST BUILDINGS IN THE WORLD TO SERVING HEALTHY FOODS IN ITS CAFE. FOR EXAMPLE, THREE OF PHIPPS' BUILDINGS ARE ZERO-ENERGY, ALL ELECTRICITY USED IS RENEWABLE WITH EITHER SOLAR POWER PRODUCED ON SITE OR PURCHASED, AND ALL CARBON PRODUCED IN HEATING ITS BUILDINGS IS OFFSET. TO HARNESS THE POWER OF GARDENS, MUSEUMS AND ZOOS, PHIPPS CREATED THE CLIMATE TOOLKIT (CLIMATETOOLKIT.ORG) TO HELP THESE ORGANIZATIONS SHARE, MENTOR AND LEARN ABOUT WAYS TO ADDRESS 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 62 DOCTORAL STUDENTS REPRESENTING 29 UNIVERSITIES AND WORKING IN 28 COUNTRIES. DYNAMIC PARTNERSHIPS ARE ONGOING WITH UNIVERSITY FACULTY, GRADUATE, AND UNDERGRADUATE STUDENTS. IN 2017, PHIPPS WAS PLEASED TO RECEIVE 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. 6478292 360 INCLUDED IN OTHER PROGRAM SERVICES ARE DEPRECIATION, COSTS FOR MAINTAINING THE FACILITIES, INDIRECT LABOR AND OVERHEAD AND OTHER MISCELLANEOUS EXPENSES. 6478292 360 10490836 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 62 0 1 205 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 37 37 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 MICHAEL HERALD IMMEDIATE PAST CHAIR 5.00 0.00 X X 0 0 0 WALTER BURLACK CHAIR 5.00 0.00 X X 0 0 0 ERICA COCHRAN-HAMEEN 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 (ENTERED 11/2020) 2.00 0.00 X 0 0 0 EMILY COLLINS TRUSTEE (ENTERED 11/2020) 2.00 0.00 X 0 0 0 SENATOR JAY COSTA TRUSTEE 2.00 0.00 X 0 0 0 MARILYN DELLOVADE TRUSTEE (EXITED 10/2020) 2.00 0.00 X 0 0 0 JEANNE DEMOSS TRUSTEE 2.00 0.00 X 0 0 0 CONGRESSMAN MIKE DOYLE TRUSTEE (EXITED 10/2020) 2.00 0.00 X 0 0 0 SHERRY DUCARME TRUSTEE 2.00 0.00 X 0 0 0 BEV ELLIOTT TRUSTEE (ENTERED 11/2020) 2.00 0.00 X 0 0 0 MARITA GARRETT TRUSTEE 2.00 0.00 X 0 0 0 JUI JOSHI TRUSTEE (ENTERED 11/2020) 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 (ENTERED 11/2020) 2.00 0.00 X 0 0 0 RYAN MARTIN TRUSTEE 2.00 0.00 X 0 0 0 BECKY MCGOUGH TRUSTEE 2.00 0.00 X 0 0 0 MATTHEW MEHALIK TRUSTEE 2.00 0.00 X 0 0 0 TAMI MINNIER TRUSTEE 2.00 0.00 X 0 0 0 JENNIFER MUSE TRUSTEE (ENTERED 11/2020) 2.00 0.00 X 0 0 0 KELLY NOEL TRUSTEE (ENTERED 11/2020) 2.00 0.00 X 0 0 0 SUZAN OBAGI TRUSTEE (EXITED 10/2020) 2.00 0.00 X 0 0 0 MARY ODOM TRUSTEE 2.00 0.00 X 0 0 0 RESHMA PARANJPE TRUSTEE 2.00 0.00 X 0 0 0 KATHE PATRINOS TRUSTEE 2.00 0.00 X 0 0 0 JOHN POLLOCK TRUSTEE 2.00 0.00 X 0 0 0 NEETA RAJA 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 (ENTERED 11/2020) 2.00 0.00 X 0 0 0 KRISHNA SHARMA TRUSTEE 2.00 0.00 X 0 0 0 VIRGINIA SIMMONS TRUSTEE (EXITED 10/2020) 2.00 0.00 X 0 0 0 NATALIA SKURMAN TRUSTEE (ENTERED 11/2020) 2.00 0.00 X 0 0 0 TIM SMITH TRUSTEE (ENTERED 11/2020) 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 489318 0 27007 KATIE LYNCH CHIEF FINANCIAL OFFICER 40.00 4.00 X 123164 0 21483 JANICE KORTZ DIRECTOR, HR & OPERATIONS 40.00 0.00 X 154943 0 16477 GREGORY R DUFOUR DIRECTOR, CAPITAL CAMPAIGN 40.00 0.00 X 160466 0 17471 MARJORIE A RADEBAUGH DIRECTOR, EDU & HORTICULTURE 40.00 0.00 X 132373 0 15013 ALLYSON KOTESKI DIRECTOR, GUEST SERVICES 40.00 0.00 X 104646 0 12718 1164910 0 110169 5 0 1 0 RENOVATION SERVICES INC 187 PAVILION PARKWAY SUITE 300 NEWPORT KY 41071 CONSTRUCTION SERVICES 958450 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE & JANITORIAL SERVICE 617151 PALAMERICAN SECURITY 11300 4TH STREET N 150 ST PETERSBURG FL 33716 SECURITY PROVIDER 232473 COSTA CONTRACTING INC 347 LEFEVER HILL ROAD CHESWICK PA 15024 CONSTRUCTION SERVICES 221241 HANLON ELECTRIC COMPANY 530 OLD FRANKSTOWN ROAD MONROEVILLE PA 15146 ELECTRIC CONTRACTOR 208131 7 1323602 65785 4924852 3425114 9739353 ADMISSIONS 900099 2458202 2458202 EDUCATIONAL TOURS/CLASSES 900099 315341 315341 LANDSCAPE DESIGN COURSEWORK 900099 360 360 2773903 143687 143687 411862 417235 -5373 -5373 -5373 3718817 2749814 969003 969003 969003 29349 65785 27374 1975 1975 1278034 599976 678058 559949 118109 SHARED SERVICES 900099 230791 230791 MISCELLANEOUS REVENUE 900099 20620 20620 FORM 990-T TAX REFUND 900099 9446 9446 260857 14561463 3333852 118109 1370149 40000 40000 188396 159159 14035 15202 4583842 3872482 341480 369880 229004 193465 17060 18479 723016 610812 53862 58342 310808 262574 23154 25080 117975 117975 189571 148695 36955 3921 1123255 1110617 129 12509 181444 181444 231537 164580 65728 1229 602893 597882 2423 2588 34579 34381 198 64574 54888 9686 2133511 2097591 35920 259706 255864 1441 2401 PROGRAMS & SUPPLIES 506695 494234 580 11881 EQUIPMENT RENTAL 161283 98556 59270 3457 DUES 83149 68883 5497 8769 EQUIPMENT 38033 17491 20542 0 36961 27238 9000 723 11840232 10490836 814737 534659 12853 6888 6987569 9778360 6606064 1970026 92232 104733 228484 205854 152488 225146 79047660 25687769 53842274 53359891 4417576 7687715 1702774 1862841 1762229 2333567 75804543 77535021 2425820 2243483 553737 464221 3202851 1865713 307548 411344 6489956 4984761 X 50709521 51887440 18605066 20662820 69314587 72550260 75804543 77535021 2721231 514442 0 X X 0 1 X 1 0 X 12157818 9798290 8668369 10694591 9739353 51058421 12157818 9798290 8668369 10694591 9739353 51058421 2977483 48080938 1419897 816831 875686 494091 555549 4162054 180371 214641 210283 605295 233455 235392 265059 230878 251411 1216195 57041965 20100949 0.84290 0.81510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 4418503 2136400 1174769 183263 42456 7503953 4084905 2500 487356 125298 30960 4418503 3720988 254246 245689 106889 29129 4084905 2718683 804039 327989 104835 24888 3720988 2501552 44273 289238 97625 18755 2718683 0.00000 0.74420 0.25580 0 0 71574854 25582191 45992663 2666969 101422 2565547 4805837 4156 4801681 53359891 457 PLAN 411344 411344 X 16564811 514442 444321 958763 15606048 -1044585 -1044585 14561463 13787999 1947767 1947767 11840232 0 11840232 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. IN DECEMBER 2018, THE TAX CUTS AND JOBS ACT (TAX ACT) WAS ENACTED INTO LAW. THE TAX ACT REDUCES THE U.S. STATUTORY RATE FROM 35% TO 21% FOR PERIODS AFTER 2018. AT SEPTEMBER 30, 2021, THERE WERE APPROXIMATELY $78,000 IN AVAILABLE NET OPERATING LOSS CARRY-FORWARDS AS A RESULT OF UNRELATED BUSINESS ACTIVITIES AT PHIPPS, WHICH MAY BE APPLIED AGAINST FUTURE YEARS' TAXABLE INCOME. THE NET OPERATING LOSS CARRY-FORWARDS HAVE NO EXPIRATION. PHIPPS RECORDS A DEFERRED TAX ASSET TO THE EXTENT THAT IT IS MORE LIKELY THAN NOT THAT SOME OR ALL OF THIS BENEFIT IS TO BE REALIZED. PHIPPS RECORDED A DEFERRED TAX ASSET OF $16,325 AS OF SEPTEMBER 30, 2021 IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION. 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 2018 THROUGH 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: SHARED SERVICES -230,791. SUBSIDIARY REVENUE 675,112. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -599,976. FUNDRAISING EXPENSES -27,374. RENTAL EXPENSE -417,235. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 599,976. RENTAL EXPENSE 417,235. FUNDRAISING EXPENSES 27,374. SUBSIDIARY EXPENSES 903,182. WINE TASTING - PERFECT PAIRINGS 71735 65785 5950 3535 2400 10688 MAY MARKET 23399 23399 1745 9006 95134 65785 29349 1745 3535 2400 19694 27374 1975 1 0 0 BOTANICAL RESEARCH 8 40000 0 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 359683 0 60004 0 69631 0 18880 0 8127 0 516325 0 0 0 GREGORY R DUFOUR DIRECTOR, CAPITAL CAMPAIGN 152483 0 6400 0 1583 0 9793 0 7678 0 177937 0 0 0 JANICE KORTZ DIRECTOR, HR & OPERATIONS 147753 0 6400 0 790 0 9395 0 7082 0 171420 0 0 0 PART I, LINE 1A PHIPPS CONSERVATORY AND BOTANICAL GARDENS, INC. PAYS NON-TAXABLE BENEFITS FOR THE MONTHLY DUES FOR A BUSINESS CLUB 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. PART I, LINE 7 THE PRESIDENT & CEO RECEIVED A BONUS OF $60,004 IN 2020. DIRECTOR OF CAPITAL CAMPAIGN, DIRECTOR OF EDUCATION AND HORTICULTURE, DIRECTOR OF HR, THE CHIEF FINANCIAL OFFICER, DIRECTOR OF GUEST SERVICES, AND DIRECTOR OF FACILITIES & SUSTAINABILITY RECEIVED A BONUS OF $6,400 EACH IN 2020. THE DIRECTOR OF MARKETING & COMMUNICATIONS RECEIVED A BONUS OF $2,665 IN 2020. FORM 990, PART III, OTHER PROGRAM SERVICES: COVID-19 PANDEMIC: LIKE MANY ORGANIZATIONS, PHIPPS WAS SIGNIFICANTLY IMPACTED BY THE COVID-19 PANDEMIC. ALIGNING WITH PUBLIC HEALTH GUIDELINES, THE GARDEN-CONSERVATORY MUSEUM WAS CLOSED INTERMITTENTLY OR OPEN ON A REDUCED GUEST-ADMISSION CAPACITY, OFTEN DURING THE BUSIEST WEEKS OF THE YEAR. THESE PANDEMIC STRICTURES REDUCED EARNED AND CONTRIBUTED INCOME THAT THE COMMUNITY-ANCHORING ORGANIZATION DEPENDS ON TO FUND ITS MANY PROGRAMS. AT THE ONSET OF THE 2020 FORCED CLOSINGS, PHIPPS ADOPTED A NEW PRODUCTIVITY MODEL THAT IT MAINTAINED IN 2021. PHIPPS LEADERSHIP ASSIGNED ESSENTIAL STAFF TO WORK AT THE CONSERVATORY ON A ROTATING BASIS TO ENSURE THEIR SAFETY, WHILE OTHER STAFF WORKED REMOTELY FROM HOME ON NEW AND ONGOING ESSENTIAL PROJECTS. TO MITIGATE NEGATIVE IMPACTS ON ITS CONSTITUENCIES, PHIPPS DID NOT REDUCE WAGES, OR LAY OFF OR FURLOUGH ANY EMPLOYEES DURING THE CRISIS; THE ORGANIZATION COMMITTED TO KEEPING ALL STAFF EMPLOYED, ENGAGED, AND MOVING FORWARD IN THEIR CAREER DEVELOPMENT. THE STAFF RESPONSE WAS EXCEPTIONAL, RALLYING TO HELP THE ORGANIZATION AND COMMUNITY THROUGH THE CRISIS. ALL PHIPPS STAFF BEGAN TO RETURN TO ONSITE WORKSPACES AND ROUTINES IN THE SUMMER OF 2021. MAINTAINING STAFF HAS PLACED PHIPPS IN A STRONGER POSITION AS PANDEMIC PHASES EBB AND FLOW. STAFF HAVE MOVED MANY PROJECTS FORWARD THAT WOULD HAVE BEEN DELAYED AND TACKLED OTHER PROMISING BUT UNSCHEDULED INITIATIVES. THESE PROJECTS INCLUDED FUTURE SHOW AND EXHIBIT DESIGN AND INTERPRETATION; NEW E-LEARNING CLASSES, PROGRAMS AND DIGITAL RESOURCES FOR REMOTE LEARNING AND HYBRID VIRTUAL/IN-PERSON MODELS OF EDUCATION; COMPLETING THE ACCREDITATION PROCESS WITH THE AMERICAN ALLIANCE OF MUSEUMS; UPDATING AND DEVELOPING NEW DEPARTMENTAL STANDARD OPERATING PROCEDURE MANUALS; RECONCILING DONOR, MEMBER AND OTHER DATABASES; AND STAFF CAREER DEVELOPMENT ACTIVITIES THAT INCLUDED CONTINUING EDUCATION CREDITS AND TRAINING ONLINE. THE EDUCATION DEPARTMENT HAS CONTINUED ONLINE E-LEARNING PROGRAMS OF NEW AND EXISTING CLASSES IN GARDENING, CULINARY ARTS, BOTANICAL ART, AND HORTICULTURAL DESIGN, WHICH NOW REACH MORE PEOPLE FROM ACROSS THE REGION, STATE, AND NATION THAN WHEN OFFERED IN-PERSON. STAFF CONTINUED TO CONTACT PHIPPS' 17,000-PLUS MEMBER HOUSEHOLDS WITH UPDATES. ORGANIZATION LEADERSHIP ALSO STARTED PLANNING HOW TO ADAPT THE ON-SITE EXPERIENCE TO A CHANGED WORLD OF NEW OPPORTUNITIES. PHIPPS' SUCCESSFUL PRODUCTIVITY MODEL HAS STRENGTHENED THE ORGANIZATION, MAKING IT BETTER ABLE TO SERVE THE COMMUNITY WITH A COMMITTED AND ENGAGED STAFF WHO ARE EQUIPPED TO MEET FURTHER CHALLENGES AND OPPORTUNITIES THAT MAY ARISE. PHIPPS TOOK A REGENERATIVE APPROACH TO THIS ISSUE AND TRANSFORMED IT INTO AN OPPORTUNITY TO STRENGTHEN THE ORGANIZATION. IN REGENERATIVE THINKING, WHEN ACTIVATING AND RESTRAINING FORCES MEET, CONVENTIONAL THINKING VIEWS THIS AS A CONFLICT AND RESPONDS WITH COMPROMISE, WHICH RESULTS IN MUTUAL LOSS. INSTEAD, PHIPPS USED THAT TENSION TO RECONCILE THOSE FORCES AND CREATE SOMETHING NEW AND FULFILLING. TO APPROACH THIS AS A CONFLICT COULD HAVE RESULTED IN LOSSES, SHUTTERED PROGRAMS, AND STAFF LAYOFFS; PHIPPS' RECOGNITION OF THE OPPORTUNITY TO RETOOL THE ORGANIZATION ALLOWED ALL STAFF TO REACH A HIGHER POTENTIAL AND FOCUS ON WORK THAT MADE THE ORGANIZATION STRONGER AND MORE RESILIENT FOR THE FUTURE. PHIPPS WAS IN A STRONG FINANCIAL POSITION GOING INTO THE PANDEMIC AND WAS ABLE TO CUT EXPENSES AND USE RESERVES TO SURVIVE THE FIRST FEW MONTHS. TWO PPP LOANS TOTALING $2.2 MILLION WERE LATER RECEIVED AND THEN CONVERTED TO GRANTS, STRENGTHENING THE ORGANIZATION'S CASH POSITION. THIS ALLOWED PHIPPS TO FINISH THE YEAR IN A STABLE FINANCIAL POSITION. FORM 990, PART VI, SECTION A, LINE 1 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. 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 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. PHIPPS ENTERPRISES LLC ONE SCHENLEY PARK PITTSBURGH PA 15213 475296915 FOOD SERVICES PA PHIPPS CONSERVATORY AND BOTANICAL GARDENS C 675112 17915 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 PHIPPS ENTERPRISES LLC O 230791 FMV