2025-07-08T11:47:31-05:00 2024-09-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2023-10-01 251492587 PHIPPS CONSERVATORY AND BOTANICAL GARDENS INC PHIP 4126226915 ONE SCHENLEY PARK PITTSBURGH PA 15213 KATIE LYNCH CFO 4126226915 2025-07-07 1 0 SARAH R PIOT P01358891 4122613644 2023 2025-03-06 01:10:19Z RICHARD PIACENTINI ONE SCHENLEY PARK PITTSBURGH PA 15213 22337451 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. 35 35 195 195 10201 2454 9074027 8844532 5955879 6364244 412699 928426 1340697 1389210 16783302 17526412 35000 42000 0 0 7585064 8535728 0 0 671967 8086054 8685696 15706118 17263424 1077184 262988 79758517 82129867 4288723 5099840 75469794 77030027 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 2740711 OVERVIEW/HORTICULTURE: IN 2024, PHIPPS REMAINED IN THE FOREFRONT OF THE PUBLIC GARDEN MOVEMENT, LEADING WITH ITS REGENERATIVE OPERATING PROCEDURE - AN INNOVATIVE APPROACH THAT TURNS OBSTACLES INTO OPPORTUNITIES TO BUILD A STRONGER, MORE RESILIENT ORGANIZATION. THIS VISION WAS NATIONALLY RECOGNIZED WHEN PHIPPS WAS HONORED WITH THE IMLS NATIONAL MEDAL FOR MUSEUMS THE HIGHEST AWARD FOR COMMUNITY IMPACT IN THE MUSEUM FIELD AND THE EPA GREEN POWER LEADERSHIP AWARD FOR EXCELLENCE IN RENEWABLE ENERGY INNOVATION. FROM WORLD-CLASS EXHIBITS AND SCIENCE EDUCATION TO BOLD SUSTAINABILITY INITIATIVES, PHIPPS DELIVERED INSPIRING EXPERIENCES AND MEANINGFUL PROGRAMS THAT ENRICH LIVES AND RESTORE THE NATURAL WORLD. SEE CONTINUATION ON SCHEDULE O.WE ARE GUIDED BY OUR CORPORATE DIRECTION STATEMENT WHERE "PHIPPS ILLUMINATES THE BEAUTY AND VITALITY OF NATURE AND INSPIRES US, INDIVIDUALLY AND COLLECTIVELY, TO EMBRACE AND NURTURE OURRELATIONSHIP AND RESPONSIBILITY TO THE EARTH AND ALL LIFE." HORTICULTURE: SINCE OPENING IN 1893 AS THE NATION'S FIRST LARGE-SCALE PERMANENT GARDEN CONSERVATORY - AND BEING RECOGNIZED AS THE FIRST TEACHING ONE IN 1901 - PHIPPS HAS REMAINED A LEADER IN CONNECTING PEOPLE TO NATURE THROUGH THE BEAUTY AND SCIENCE OF PLANTS. TODAY, AS ONE OF THE FEW PUBLIC GARDENS ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS, PHIPPS CONTINUES TO SET THE STANDARD FOR HORTICULTURAL EXCELLENCE AND INNOVATION.WITH FIVE MAJOR SEASONAL FLOWER SHOWS AND A ROTATING CALENDAR OF EXHIBITIONS, PHIPPS BRINGS THE CAPTIVATING WORLD OF PLANTS TO LIFE IN NEW AND INSPIRING WAYS - WELCOMING GUESTS FROM NEAR AND FAR TO EXPLORE THE POWER OF PLANTS IN SHAPING HEALTHIER LIVES AND COMMUNITIES. SITUATED IN THE HEART OF PITTSBURGH'S HISTORIC URBAN PARK DISTRICT AND ADJACENT TO ITS VIBRANT UNIVERSITY AND RESEARCH HUB, PHIPPS SERVES AS A VITAL CULTURAL AND EDUCATIONAL DESTINATION WITHIN ONE OF AMERICA'S MOST INNOVATIVE CITIES. OUR DYNAMIC LEARNING AND INNOVATION ECOSYSTEM SPANS 14 INDOOR GLASSHOUSE ROOMS, EIGHT OUTDOOR GARDEN ROOMS, AND THREE HIGH-PERFORMANCE EDUCATION AND RESEARCH BUILDINGS. THESE LIVING SPACES NOT ONLY DELIGHT THE SENSES BUT ALSO DEMONSTRATE SUSTAINABLE DESIGN, REGENERATIVE LANDSCAPES, AND GROUNDBREAKING ENVIRONMENTAL PRACTICES. THROUGH THIS ECOSYSTEM, PHIPPS DELIVERS IMMERSIVE EXPERIENCES THAT INSPIRE CURIOSITY, DEEPEN UNDERSTANDING, AND FOSTER STEWARDSHIP OF THE NATURAL WORLD. EVERY EXHIBIT, PROGRAM, AND PLANTING AT PHIPPS REINFORCES A VITAL TRUTH: HUMAN AND ENVIRONMENTAL WELLBEING ARE DEEPLY CONNECTED. OUR WORK IN HORTICULTURE IS NOT JUST ABOUT GARDENS - IT'S ABOUT GROWING A GREENER, MORE RESILIENT FUTURE FOR ALL. 2661784 6688361 GUEST SERVICES: PHIPPS CONSERVATORY CONTINUED TO WELCOME GUESTS INTO A WORLD WHERE NATURE, SCIENCE, ART, AND SUSTAINABILITY CAME TOGETHER IN TRANSFORMATIVE WAYS IN 2024. WITH VISITATION STEADILY APPROACHING PRE-PANDEMIC LEVELS, OUR USE OF TIMED TICKETING HAS IMPROVED THE FLOW OF GUESTS THROUGHOUT THE DAY - CREATING A SAFER, MORE SPACIOUS, AND MORE ENJOYABLE EXPERIENCE FOR ALL. THANKS TO PRUDENT PLANNING AND SCENARIO FORECASTING, PHIPPS LEADERSHIP HAS NAVIGATED SHORT-TERM ECONOMIC CHALLENGES WHILE POSITIONING THE ORGANIZATION FOR LONG-TERM GROWTH AND INNOVATION.SEE CONTINUATION ON SCHEDULE O.AS ONE OF THE REGION'S PREMIER CULTURAL INSTITUTIONS AND A NATIONALLY RECOGNIZED GARDEN MUSEUM, PHIPPS IS A PLACE OF BOTH WONDER AND PURPOSE. EVERY VISIT OFFERS OPPORTUNITIES TO CONNECT WITH THE NATURAL WORLD AND DISCOVER HOW SMALL ACTIONS - LIKE GROWING A GARDEN, CHOOSING SUSTAINABLE FOODS, OR LEARNING ABOUT BIODIVERSITY - CAN MAKE A BIG DIFFERENCE. FROM OUR WORLD-CLASS FLOWER SHOWS AND IMMERSIVE TROPICAL FOREST EXHIBITS TO EDUCATIONAL PROGRAMMING AND HEALTHY LIVING INITIATIVES, PHIPPS BRINGS LIFE-ENHANCING EXPERIENCES TO GUESTS OF ALL AGES.GUESTS JOURNEY THROUGH SOARING GLASS PAVILIONS, EXPLORE DIVERSE BIOMES AND GLOBAL GARDEN TRADITIONS, AND ENCOUNTER INTERACTIVE DISPLAYS THAT REVEAL THE ASTONISHING COMPLEXITY OF PLANT LIFE. IN THE TROPICAL FOREST HAWAI'I EXHIBIT, CHILDREN RAISE THEIR ARMS TO MIMIC TOWERING TREES; IN THE SERENE OUTDOOR GARDEN ROOMS, FAMILIES STROLL THROUGH LANDSCAPES DESIGNED FOR BOTH REFLECTION, REFRESHMENT, AND REGENERATION.THE JOURNEY CONTINUES OUTDOORS ACROSS OUR 3.6-ACRE LIVING CAMPUS, HOME TO THREE OF THE WORLD'S GREENEST BUILDINGS. HERE, VISITORS SEE FIRSTHAND HOW HUMAN AND ENVIRONMENTAL HEALTH ARE INTERCONNECTED, AND HOW THE BUILT ENVIRONMENT CAN HARMONIZE WITH NATURE TO MODEL A MORE SUSTAINABLE FUTURE. THIS IS MORE THAN A GARDEN DISPLAY - IT'S A LIVING, BREATHING CLASSROOM, A RESTORATIVE DESTINATION, AND A FIRST-DAY TOURIST ATTRACTION. IT'S WHERE PITTSBURGH RESIDENTS AND GLOBAL TRAVELERS ALIKE FIND BEAUTY, INSPIRATION, AND PRACTICAL TOOLS TO LIVE IN GREATER HARMONY WITH THE PLANET.WHEN NATIONAL GEOGRAPHIC NAMED PITTSBURGH ONE OF THE WORLD'S BEST DESTINATIONS, IT POINTED TO PHIPPS AS A SYMBOL OF THE CITY'S TRANSFORMATION - A PLACE WHERE HERITAGE MEETS INNOVATION AND WHERE THE FUTURE OF SUSTAINABLE LIVING IS BEING SHAPED, EVERY DAY. 1080212 42000 560598 EDUCATION: AS AMERICA'S FIRST PUBLIC TEACHING CONSERVATORY, PHIPPS HAS BEEN AN INNOVATOR, COMMUNITY-ANCHOR, AND ENVIRONMENTAL EDUCATOR SINCE 1893 - COMBINING THE BEAUTY OF GARDENS WITH THE POWER OF PLANT-BASED SCIENCE AND HUMANITIES TO SHAPE A BETTER FUTURE. TODAY, PHIPPS CONTINUES TO LEAD WITH BOLD VISION AND PURPOSE, OFFERING HANDS-ON, INQUIRY-BASED PROGRAMS THAT EMPOWER LEARNERS OF ALL AGES TO EXPLORE, CREATE, AND ACT.OUR APPROACH TO EDUCATION IS ROOTED IN A REGENERATIVE APPROACH AND MAKER MINDSET - WHERE IMAGINATION, EXPERIMENTATION, AND DISCOVERY DRIVE MEANINGFUL LEARNING. SEE CONTINUATION ON SCHEDULE O.EACH CALENDAR QUARTER, PHIPPS OFFERS MORE THAN 150 DYNAMIC CLASSES, SYMPOSIA, AND LECTURES, REACHING THOUSANDS OF PARTICIPANTS THROUGH ON-SITE, VIRTUAL, AND COMMUNITY-BASED PROGRAMMING. FROM KIDS' BOOT CAMPS AND SCHOOL PARTNERSHIPS TO NATIONALLY ACCLAIMED INITIATIVES LIKE THE FAIRCHILD CHALLENGE, AND THE ONE HEALTH ONE PLANET AND THE NATURE OF PLACE SYMPOSIA, PHIPPS CULTIVATES SCIENTIFIC AND ENVIRONMENTAL LITERACY AND A DEEP APPRECIATION FOR THE NATURAL WORLD.AS A LIVING LABORATORY, PHIPPS DEMONSTRATES SUSTAINABLE PRACTICES THROUGH EVERY FACET OF ITS OPERATIONS - PROVIDING AN IMMERSIVE EDUCATIONAL EXPERIENCE IN ACTION. GUESTS LEARN FROM THREE OF THE WORLD'S GREENEST BUILDINGS, DINE ON HEALTHY MEALS MADE WITH FRESH INGREDIENTS, AND DISCOVER HOW ZERO-ENERGY DESIGN, ON-SITE SOLAR POWER, AND FULL CARBON OFFSETTING CAN BE ACHIEVED IN THE BUILT ENVIRONMENT.PHIPPS ALSO PLAYS A GLOBAL LEADERSHIP ROLE. OUR CLIMATE TOOLKIT NETWORK (CLIMATETOOLKIT.ORG) CONNECTS HUNDREDS OF MUSEUMS, GARDENS, AND ZOOS WORLDWIDE TO SHARE ENVIRONMENTAL SOLUTIONS AND ACCELERATE IMPACT. WE'RE ADVANCING A MOVEMENT IN WHICH CULTURAL INSTITUTIONS BECOME POWERFUL DRIVERS OF BIODIVERSITY, COMMUNITY RESILIENCE, AND SUSTAINABLE ACTION.THROUGH THE BOTANY IN ACTION FELLOWSHIP, PHIPPS SUPPORTS OUTSTANDING PH.D. STUDENTS CONDUCTING PLANT-BASED RESEARCH AROUND THE WORLD WHILE TRAINING THEM IN PUBLIC COMMUNICATION AND OUTREACH. SINCE ITS INCEPTION, BIA HAS SUPPORTED 80 DOCTORAL-LEVEL STUDENTS REPRESENTING 38 UNIVERSITIES AND WORKING IN 29 COUNTRIES, PRODUCING CUTTING-EDGE SCIENCE WHILE DEEPENING PUBLIC ENGAGEMENT AND SCIENCE COMMUNICATION SKILLS.EDUCATION AT PHIPPS IS MORE THAN A PROGRAM - IT IS A MOVEMENT TO EQUIP FUTURE LEADERS, SCIENTISTS, AND CITIZENS WITH THE KNOWLEDGE AND INSPIRATION TO PROTECT THE PLANET AND IMPROVE LIVES. THROUGH EVERY CLASS, EXHIBIT, AND EXPERIENCE, WE ARE HELPING TO GROW A GREENER, MORE HOPEFUL FUTURE. 8900892 INCLUDED IN OTHER PROGRAM SERVICES ARE DEPRECIATION, COSTS FOR MAINTAINING THE FACILITIES, INDIRECT LABOR AND OVERHEAD AND OTHER MISCELLANEOUS EXPENSES. 8900892 15383599 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 80 0 1 195 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 35 35 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 ERICA COCHRAN-HAMEEN IMMEDIATE PAST CHAIR 5.00 0.00 X X 0 0 0 MATTHEW MEHALIK CHAIR 5.00 0.00 X X 0 0 0 BILL SLIVKA TREASURER 5.00 0.00 X X 0 0 0 PATTY DEMARCO VICE CHAIR 5.00 0.00 X X 0 0 0 VERY KREKANOVA 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 DOROTHY BOYER TRUSTEE (ENTERED 10/23) 2.00 0.00 X 0 0 0 EMILY COLLINS TRUSTEE (EXITED 10/23) 2.00 0.00 X 0 0 0 JEANNE L DEMOSS DO TRUSTEE (ENTERED 10/23) 2.00 0.00 X 0 0 0 SHERRY DUCARME TRUSTEE 2.00 0.00 X 0 0 0 BEVERLYNN ELLIOT TRUSTEE 2.00 0.00 X 0 0 0 CHAD FITZGERALD TRUSTEE (ENTERED 10/23) 2.00 0.00 X 0 0 0 MARITA GARRETT TRUSTEE 2.00 0.00 X 0 0 0 MIKE HERALD TRUSTEE 2.00 0.00 X 0 0 0 JUI JOSHI TRUSTEE 2.00 0.00 X 0 0 0 CAROLE L KAMIN TRUSTEE (ENTERED 10/23) 2.00 0.00 X 0 0 0 JOANNE KILGOUR 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 (EXITED 10/23) 2.00 0.00 X 0 0 0 TAMI MINNIER TRUSTEE (EXITED 10/23) 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 (EXITED 10/23) 2.00 0.00 X 0 0 0 RESHMA PARANJPE 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 ANITA PRIZIO TRUSTEE (ENTERED 10/23) 2.00 0.00 X 0 0 0 DIANA MRVOS RATH TRUSTEE (EXITED 10/23) 2.00 0.00 X 0 0 0 PHILIP REEDER TRUSTEE (EXITED 10/23) 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 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 (EXITED 10/23) 2.00 0.00 X 0 0 0 GRAND YNGA CHIEF POMAJ-CHAKMAM -YAJALAJI, TRUSTEE 2.00 0.00 X 0 0 0 RICHARD PIACENTINI PRESIDENT AND CEO 40.00 2.00 X 553501 0 29736 KATIE LYNCH CHIEF FINANCIAL OFFICER 40.00 4.00 X 149657 0 26216 GREGORY R DUFOUR DIRECTOR, CAPITAL CAMPAIGN 40.00 0.00 X 183967 0 19855 KAREN PRIORE SENIOR DIRECTOR OF SITE OPERATIONS 40.00 0.00 X 146807 0 19462 JOSEPH REED SENIOR DIRECTOR OF COMMUNIONS 40.00 0.00 X 145688 0 17165 MARJORIE A RADEBAUGH DIRECTOR OF HORTICULTURE 40.00 0.00 X 132579 0 15697 CORINNE GIBSON DIRECTOR OF REGENERATIVE CULTURE & CMTY ENGMT 40.00 0.00 X 116154 0 14855 SARAH STATES PHD DIRECTOR OF RESEARCH & SCIENCE ED. 40.00 0.00 X 114584 0 7535 1542937 0 150521 10 0 1 0 RENOVATION SERVICES INC 187 PAVILION PARKWAY SUITE 300 NEWPORT KY 41071 CONSTRUCTION SERVICES 1858514 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE & JANITORIAL SERVICE 856987 RUTHRAUFFSAUER LLC PO BOX 645398 PITTSBURGH PA 15264 HVAC CONTRACTOR 558378 ST MORITZ SECURITY SERVICES INC PO BOX 5017 GREENSBURG PA 15601 SECURITY PROVIDER 375943 ROTHSCHILD DOYNO COLLABORATIVE 2847 PENN AVENUE PITTSBURGH PA 15222 ARCHITECTURAL SERVICES 367226 19 1983016 239020 3475125 3147371 8844532 ADMISSIONS 900099 5803646 5803646 EDUCATIONAL TOURS/CLASSES 900099 560598 560598 6364244 513625 513625 781834 638296 143538 143538 143538 3648088 3233287 414801 414801 414801 64675 239020 58497 6178 6178 1775875 880959 894916 884715 10201 SUBSIDIARY REIMBURSEMENTS 900099 344195 344195 TAX BENEFIT 900099 383 383 344578 17526412 7248959 10201 1422720 X 42000 42000 1044187 908715 69507 65965 5981402 5205380 398154 377868 317943 276693 21164 20086 705392 613875 46954 44563 486804 423646 32404 30754 148919 148919 106004 106004 322949 269814 47391 5744 1796111 1762395 33716 386524 385216 1308 247890 181898 65684 308 262088 262088 1075570 1069081 2046 4443 147356 147349 7 38285 32542 5743 2334733 2294672 40061 274532 270465 1525 2542 PROGRAM SUPPLIES 868610 838563 30047 EQUIPMENT RENTAL 420449 223101 155209 42139 DUES 98719 79770 6472 12477 BAD DEBT EXPENSE 44500 44500 112457 96336 16121 17263424 15383599 1207858 671967 5300 7658 9536610 6781242 3529553 3252397 363822 203066 268234 391479 231450 256537 90964674 32427948 54931187 58536726 6563689 8132411 1975875 2395751 2352797 2172600 79758517 82129867 1846001 2142871 435014 299304 1575382 2030902 432326 626763 4288723 5099840 X 55254067 54439129 20215727 22590898 75469794 77030027 79758517 82129867 X 262988 1641439 -344194 X X 0 1 X 1 0 X 10694591 9739353 10211485 9074027 8909207 48628663 700000 700000 700000 700000 720000 3520000 11394591 10439353 10911485 9774027 9629207 52148663 1831120 50317543 494091 555549 969820 1249909 1295459 4564828 244874 51340 2454 298668 230878 251411 281037 323918 344578 1431822 58443981 26813059 0.86100 0.83770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1125901 X X X 0 6620656 223884 1640088 170998 55643 8257987 6022489 7000 757413 119613 46633 6620656 7503953 63774 -1374552 122702 47984 6022489 4418503 2136400 1174769 183263 42456 7503953 4084905 2500 487356 125298 30960 4418503 0.00000 0.71200 0.28800 0 0 81787369 32322370 49464999 3050665 101422 2949243 6126640 4156 6122484 58536726 457 PLAN 626763 626763 X 23657834 1641439 4834178 6475617 17182217 344195 344195 17526412 21722967 4459543 4459543 17263424 0 17263424 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. ENDOWMENTS CONSIST OF SEVEN INVESTMENT FUNDS ESTABLISHED TO SUPPORT NEW EXHIBITS; SUPPORT A PORTION OF THE SALARY AND BENEFITS OF THE DIRECTOR OF HORTICULTURE POSITION; SUPPORT BOTANY IN ACTION GRANTS FOR GRADUATE STUDENT RESEARCH; SUBSIDIZE MAINTENANCE AND UTILITY COSTS AT THE PHIPPS GARDEN CENTER; FUND VARIOUS AREAS OF SUSTAINABLE RESEARCH AND SCIENCE EDUCATION; SUPPORT OPERATIONS THAT PRIORITIZE FOR THE GREATEST NEED OF PHIPPS AT THE TIME OF ALLOCATION; AND FUND AWARDS TO LOCAL SECONDARY EDUCATION FOR THEIR EFFORTS IN SCIENCE EDUCATION. 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)(VI) 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 2021 THROUGH 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARY REVENUE 3,256,426. COST OF GOODS SOLD 880,959. RENTAL EXPENSE 638,296. FUNDRAISING EXPENSE 58,497. PART XI, LINE 4B - OTHER ADJUSTMENTS: SHARED SERVICES 344,195. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 880,959. RENTAL EXPENSE 638,296. SUBSIDIARY EXPENSES 2,881,791. FUNDRAISING EXPENSE 58,497. SPRING GALA 139650 115875 23775 7983 12535 1275 1450 FALL GALA 164045 123145 40900 8675 20879 2650 3050 303695 239020 64675 16658 33414 3925 4500 58497 6178 1 BOTANICAL RESEARCH 7 42000 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 431501 0 59347 0 62653 0 19800 0 9936 0 583237 0 0 0 GREGORY R DUFOUR DIRECTOR, CAPITAL CAMPAIGN 174851 0 6000 0 3116 0 11037 0 8818 0 203822 0 0 0 KATIE LYNCH CHIEF FINANCIAL OFFICER 142868 0 6000 0 789 0 9368 0 16848 0 175873 0 0 0 KAREN PRIORE SENIOR DIRECTOR OF SITE OPERATIONS 144133 0 1846 0 828 0 2541 0 16921 0 166269 0 0 0 JOSEPH REED SENIOR DIRECTOR OF COMMUNIONS 139578 0 6000 0 110 0 8842 0 8323 0 162853 0 0 0 PART I, LINE 7 THE FOLLOWING BONUSES WERE PAID IN 2023: PRESIDENT & CEO $59,347 DIRECTOR OF CAPITAL CAMPAIGN $6,000 DIRECTOR OF FACILITIES $1,846 CHIEF FINANCIAL OFFICER $6,000 SENIOR DIRECTOR OF SITE OPERATIONS $1,846 DIRECTOR OF HORTICULTURE $6,000 SR. DIRECTOR OF COMMUNICATIONS $6,000 DIRECTOR OF RESEARCH & SCIENCE EDUCATION $6,000 DIRECTOR OF REGENERATIVE CULTURE & COMMUNITY ENGAGEMENT $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 TAX-EXEMPT ORGANIZATION. THE COMPENSATION OF THE DEPARTMENTAL DIRECTORS IS DETERMINED BY THE PRESIDENT AND CEO AND DISCUSSED WITH THE CHAIRPERSON OF THE BOARD OF TRUSTEES. A SALARY SURVEY WAS CONDUCTED IN 2022 BY AN EXTERNAL FIRM THAT ANALYZED SALARIES OF ALL EMPLOYEES. 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. ALL FINAL DECISIONS RELATED TO SALARY ADJUSTMENTS ARE RECORDED IN HR FILES. 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 FACILITY REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 595,938. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 595,938. SECURITY: PROGRAM SERVICE EXPENSES 388,848. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 388,848. HOUSEKEEPING SERVICES: PROGRAM SERVICE EXPENSES 282,324. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 282,324. VALET SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 15,270. TOTAL EXPENSES 15,270. INSTRUCTORS AND PERFORMERS: PROGRAM SERVICE EXPENSES 94,561. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 94,561. RECRUITING SERVICES: PROGRAM SERVICE EXPENSES 31,496. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,496. CONSULTING: PROGRAM SERVICE EXPENSES 37,479. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,479. UNEMPLOYMENT INSURANCE SERVICES: PROGRAM SERVICE EXPENSES 15,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,750. ALL OTHER SERVICES: PROGRAM SERVICE EXPENSES 315,999. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 18,446. TOTAL EXPENSES 334,445. FORM 990, PART XI, LINE 9: SHARED SERVICES -344,194. 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 TWICE A YEAR 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 3256426 17338 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 344194 FMV