2020-06-10T14:34:01-05:00 2019-09-30 510232475 COVER & ROSSITER PA 2711 CENTERVILLE ROAD SUITE 100 WILMINGTON DE 19808 990PF 2018-10-01 510110625 LONGWOOD GARDENS INC LONG 6103881000 ROUTE 1 KENNETT SQUARE PA 193480501 DENNIS FISHER CHIEF FINANCIAL OFFICER 6103881000 2020-06-02 1 PETER KENNEDY P00571422 3026566632 2020-06-02 65.246.4.114 2020-06-02 08:36:55 ED P CF420CFC0385B172562BE9D1D362B3C038DCDA4E A00EC810DCDE717191E71904A5BF225DCD335097 2018 2020-11-19 02:30:22Z X 983044406 X 2077165 7905521 7905521 7905521 148912 148912 148912 -145349 7024045 53438075 8140511 0 40195696 0 40195696 57351339 16194944 48250129 938494 0 404996 533498 22289213 0 9618642 12670571 7513247 0 3242251 4270996 233881 0 100929 132952 60250 0 26000 34250 14367820 8128854 10597872 3769948 187298 0 80826 106472 8891364 0 3836961 294261 294261 148912 145349 1555718 0 671351 884367 27388018 0 18810453 8577565 83719564 8423115 47539193 31125968 298500 298500 84018064 8423115 47539193 31424468 -26666725 7771829 710936 5300355 1850998 1850998 724227 770843 724227 724227 40000000 40310000 40000000 40000000 198312 211780 211780 735824 686596 686596 27771900 28577672 28577672 14010639 13454844 13454844 715653926 691063548 691063548 348906696 142431955 198397223 206474741 206474741 1003149022 983044406 983044406 4499831 6626386 1307650 1370792 31027318 40171901 36834799 48169079 X 926292098 893819004 40000000 40000000 22125 1056323 966314223 934875327 1003149022 983044406 966314223 -26666725 10197843 949845341 14970014 934875327 SHORT TERM GAIN/LOSS P 2018-10-01 2019-09-30 0 0 LONG TERM GAIN/LOSS P 2017-10-01 2019-09-30 53438075 45297564 8140511 8140511 8140511 0 X 1994-01-21 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 DE PA 1 1 0 0 0 1 WWW.LONGWOODGARDENS.ORG DENNIS R FISHER CPA 6103881000 ROUTE 1 PO BOX 501 KENNETT SQUARE PA 19348 1 CJ 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MS JANE G PEPPER C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 CHAIR 5.00 0 0 0 MS MARGARETTA K STABLER C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 VICE CHAIR 5.00 0 0 0 MR MARGARET L LAIRD C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 SECRETARY 5.00 0 0 0 MR C PORTER SCHUTT III C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TREASURER 5.00 0 0 0 MR MICHAEL BONTRAGER C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MR GARRETT VAN S COPELAND C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MR BENJAMIN F DU PONT C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MR STEVEN B HUTTON C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 DR RICHARD LIGHTY C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MR WILLIAM H LUNGER C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 DR ROBIN W MORGAN C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MR ROBERT MCCRACKEN PECK C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MR BLAINE T PHILLIPS JR C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MR JASON PRIDE C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MS ANN C ROSE C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MS VALERIE J SILL CFA C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MS CYNTHIA DU PONT TOBIAS C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MR GREGORY WOLCOTT C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MR THOMAS K WHITFORD C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 TRUSTEE 5.00 0 0 0 MR PAUL B REDMAN C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 PRESIDENT AND CEO 50.00 558589 92429 0 MR DENNIS FISHER CPA C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 VP ADMIN AND CFO 50.00 250442 37034 0 SHARON LOVING C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 VP HORTICULTURE 50.00 262969 38430 0 MAUREEN CONLEY C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 VP MARKETING 50.00 239065 35991 0 CHRISTOPHER BENEVENTO C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 VP GUEST SERVICES 50.00 226355 35951 0 KENNETH GRABLEWSKI C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 VP FACILITIES 50.00 228522 22739 0 JULIE LANDGREBE C/O LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 ASSOC. VP ADMIN & HR 50.00 174447 34215 0 178 BANCROFT CONSTRUCTION CO INC 1300 N GRANT AVE SUITE 110 WILMINGTON DE 19806 CONSTRUCTION GENERAL CONTRACTOR 13328150 CAMBRIDGE ASSOCIATES LLC 100 SUMMER ST SUITE 13 BOSTON MA 02110 INVESTMENT ADVISOR 1207776 RESTAURANT ASSOCIATES INC 330 FIFTH AVE 5TH FLOOR NEW YORK NY 10001 RESTAURANT MANAGEMENT 1170758 CROSSMEDIA INC 4001 MAIN STREET SUITE 310 PHILADELPHIA PA 19127 MARKETING CONSULTANT 1074445 ANRON INC 915 SEALE ST DALLAS TX 75208 PRINTING/MAILING SUPPLIES 729152 100 LONGWOOD GARDENS, INC., LOCATED IN KENNETT SQUARE, PENNSYLVANIA, IS THE LIVING LEGACY OF PIERRE S. DU PONT, INSPIRING PEOPLE THROUGH EXCELLENCE IN GARDEN DESIGN, HORTICULTURE, EDUCATION, AND THE ARTS. LONGWOOD GARDENS IS OPEN YEAR-ROUND AND DURING THE YEAR ENDED SEPTEMBER 30, 2019 SERVED IN EXCESS OF 1.5 MILLION VISITORS. LONGWOOD GARDENS SPONSORS AN ANNUAL MEETING OF THE VISITING COMMITTEE, WHICH REVIEWS THE OVERALL OPERATION OF THE GARDENS AND ISSUES A CONSENSUS REPORT OFFERING VARIOUS METHODS FOR IMPROVEMENT. LONGWOOD GARDENS ALSO OFFERS A WIDE VARIETY OF CONTINUING EDUCATION COURSES DEALING WITH VARIOUS HORTICULTURAL SUBJECTS. 68243889 LONGWOOD CEMETERY LLC-LONGWOOD HAS TAKEN OVER MANAGEMENT OF THE LONGWOOD CEMETERY DIRECTLY ADJASCENT TO THE GARDENS FOR ASTHETIC REASONS. 143006 SEED YOUR FUTURE - LONGWOOD GARDENS HAS TAKEN OVER THIS PROGRAM WHICH IS AIMED AT ENCOURAGING AND DEVELOPING YOUNG FARMERS AND HORTICULTURALISTS. 916233 N/A 0 0 745266264 3575677 0 748841941 0 0 748841941 11232629 737609312 36880466 X 31424468 0 16066221 47490689 0 47490689 1971-12-21 X 710936 6677013 9146401 8805191 25339541 604296 5675461 7774441 7484412 21538610 47490689 44520810 60403048 87564745 239979292 0 0 0 0 0 47490689 44520810 60403048 87564745 239979292 0 0 24586977 24919363 23771381 23130467 96408188 0 0 0 0 X AMERICAN MUSHROOM INSTITUE 1284 AP NEWPORT PIKE AVONDALE PA 19311 NONE 501C5 OPERATIONAL SUPPORT 500 AMERICAN HORTICULTURAL SOCIETY NATIONAL CHILDREN & YOUTH GARDEN SYMPOSIUM PO BOX 6356 ALEXANDRIA VA 223066356 NONE PC OPERATIONAL SUPPORT 7500 AMERICAN PUBLIC GARDENS ASSOCIATION 351 LONGWOOD RD KENNETT SQUARE PA 19348 NONE PC OPERATIONAL SUPPORT 30000 AMERICAN SOCIETY FOR HORTICULTURAL SCIENCE 1018 DUKE ST ALEXANDRIA VA 22314 NONE PC OPERATIONAL SUPPORT 250000 BARCLAY FRIENDS 700 N FRANKLIN ST WEST CHESTER PA 19380 NONE PC OPERATIONAL SUPPORT 1000 CHADDS FORD HISTORICAL SOCIETY 1736 CREEK RD PO BOX 27 CHADDS FORD PA 19317 NONE PC OPERATIONAL SUPPORT 1000 CHESTER COUNTY CONSERVATION DISTRICT 688 UNIONVILLE STE 200 KENNETT SQUARE PA 19348 NONE PC OPERATIONAL SUPPORT 500 DELAWARE FUTURES 1104 NORTH ADAMS STREET WILMINGTON DE 19801 NONE PC OPERATIONAL SUPPORT 5000 PA ENVIRONMENTAL ED ASSOC 4105 ASBURY RD ERIE PA 16506 NONE PC OPERATIONAL SUPPORT 1000 KENNETT AREA PARK AUTHORITY (KAPA MUSHROOM FESTIVAL) PO BOX 1121 KENNETT SQUARE PA 19348 NONE PC OPERATIONAL SUPPORT 1000 KENNETT EDUCATION FOUNDATION PO BOX 849 KENNETT SQUARE PA 19348 NONE PC OPERATIONAL SUPPORT 1000 298500 0 ADMISSIONS FEES 23861677 RESTAURANT INCOME 03 13009880 CONTINUING EDUCATION 549245 PERFORMING ARTS 925045 FACILITIES RENTALS 55640 14 7905521 16 -145349 523000 18 8140511 -1116466 MISCELLANEOUS 567430 ROYALTY INCOME 15 1226779 0 30137342 24842571 54979913 1A ADMISSION INCOME ACCOUNTS FOR 56% OF OPERATING INCOME AND 39% OF TOTAL INCOME WITHOUT WHICH OUR GOAL OF PROVIDING A WORLD-CLASS HORTICULTURAL DISPLAY WOULD BE IMPOSSIBLE TO ACCOMPLISH. 1C CONTINUING EDUCATION COURSES ARE HORTICULTURALLY RELATED, THEREBY CREATING GREATER UNDERSTANDING AND APPRECIATION OF LONGWOOD'S EXEMPT PURPOSE. 1D LONGWOOD SPONSORS PERFORMANCES IN ITS OUTDOOR AMPHITHEATER, AND IN OTHER GARDEN LOCATIONS, WITH THE INTENTION OF ADDING TO THE GARDENS VISITATION EXPERIENCE AND CULTIVATING A GREATER HORTICULTURAL INTEREST IN THOSE WHO ATTEND. 1E FACILITY RENTALS ATTRACT NEW ATTENDEES AND GIVE THEM ACCESS TO LONGWOOD'S DISPLAYS AND EVENTS. 11A MISCELLANEOUS INCOME INCLUDES REFUNDS AND REIMBURSEMENTS THAT OFFSET EXPENSES INCURRED DURING THE NORMAL COURSE OF BUSINESS. 0 0 0 0 0 0 0 0 0 0 X X 1 AMERICAN SOCIETY FOR HORTICULTURAL SCIENCE C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 59238 X 2 BAILEY NURSERY C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 10000 X 3 AMERICAN FLORAL C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 5000 X 4 BALL HORTICULTURAL C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 250000 X 5 A R ROSE P R MCQUILLAN C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 10000 X 6 LONGWOOD CEMETERY COMPANY C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 1148145 X 7 DUMMEN FUND C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 150000 X 8 CORTEVA C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 100000 X 9 GLOECKER FOUNDATION C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 10000 X 10 HORTICULTURE RESEARCH INSTITUTE C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 20000 X 11 IOWA STATE C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 5000 X 12 PROVEN WINNER C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 20000 X 13 WHITE FLOWER FARM C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 12500 X 14 SYNGENTA C/O LONGWOOD GARDENS ROUTE 1 KENNETT SQUARE PA 19348 100000 X 6 CASH CONTRIBUTION RECEIVED OF $341,264 AND LAND CONTRIBUTION RECEIVED AT ESTIMATED VALUE OF $806,891 1148145 2018-10-22 ACCOUNTING FEES 60250 0 26000 34250 DURING THE YEAR ENDED SEPTEMBER 30, 2019, LONGWOOD CEMETERY, LLC WAS FORMED (WITH LONGWOOD GARDENS, INC. AS THE SOLE MEMBER) TO ACCEPT THE ASSETS OF LONGWOOD CEMETERY. THOSE ASSETS CONSISTED OF THE CEMETERY GROUNDS, MINOR EQUIPMENT, A BUILDING AND A MODEST CASH ACCOUNT. THE TRANSFER OF THE ASSETS WAS RECORDED AS A CONTRIBUTION WITH DONOR RESTRICTIONS SINCE THEY MUST BE USED FOR CEMETERY PURPOSES. THE PROPERTY WAS VALUED AT $806,891 BASED ON A PROPERTY TAX APPRAISAL AT THE TIME OF THE TRANSFER. THE FINANCIAL STATEMENTS ARE PRESENTED ON A COMBINED BASIS SINCE THE TWO ENTITIES ARE UNDER COMMON CONTROL. AUTOS 2014-10-01 1337079 1189407 SL 0.000000000000 41023 0 0 EQUIPMENT, TOOLS, AND FURNISHINGS 2014-10-01 27038742 19971794 SL 0.000000000000 751256 0 0 LAND, BUILDING, AND IMPROVEMENTS 2014-10-01 303269367 112379390 SL 0.000000000000 8099085 0 0 PROJECTS IN PROCESS 2014-10-01 17261508 SL 0.000000000000 0 0 0 WRITE OFF OF FIXED ASSETS 2017-10 PURCHASED 2019-09 1116466 0 -1116466 COMMON STOCKS 13454844 13454844 28577672 28577672 0 0 SHORT-TERM DEPOSITS FMV 33418028 33418028 BOND MUTUAL FUNDS FMV 37609456 37609456 DOMESTIC EQUITY MUTUAL FUNDS FMV 300496 300496 GLOBAL EQUITY MUTUAL FUNDS FMV 19798005 19798005 LIMITED PARTNERSHIPS AND PRIVATE EQUITY FMV 588713812 588713812 COMMODITIES FMV 11223751 11223751 AUTOS 1337079 1230430 106649 106649 EQUIPMENT, TOOLS, AND FURNISHINGS 27038742 20723050 6315692 6315692 LAND, BUILDING, AND IMPROVEMENTS 303269367 120478475 182790892 182790892 PROJECTS IN PROCESS 17261508 0 17261508 17261508 LEGAL FEES 233881 0 100929 132952 CHANGE IN POST-RETIREMENT AND PENSION BENEFITS LIABILITY 14970014 RESTAURANT 12298944 0 12298944 0 OPERATING PROJECTS 2015782 0 869886 1145896 OPERATING SUPPLIES AND GENERAL 2528967 0 1091345 1437622 UTILITIES AND HEATING FUELS 1389304 0 599537 789767 GROWING SUPPLIES 1195889 0 516072 679817 ADVERTISING 2573325 0 1110487 1462838 GENERAL INSURANCE 884109 0 381527 502582 AUTO, TRUCK AND EQUIPMENT 383617 0 165545 218072 COMPUTER RELATED 742968 0 320619 422349 FEES, DUES AND SUBSCRIPTIONS 906921 0 391371 515550 SAFETY PROGRAMS 94569 0 40810 53759 EMPLOYEE RELATIONS 119730 0 51668 68062 TRAINING 440364 0 190034 250330 EXHIBITS 11757 0 5074 6683 FIREWORKS 415523 0 179314 236209 OTHER EVENTS & PROGRAMS 1092794 0 471582 621212 REPAIRS AND MAINTENANCE - EXCESS 293455 0 126638 166817 ADMISSIONS FEES 23861677 23861677 RESTAURANT INCOME 13009880 13009880 CONTINUING EDUCATION 549245 549245 PERFORMING ARTS 925045 925045 FACILITIES RENTALS 55640 55640 MISCELLANEOUS 567430 567430 ROYALTY INCOME 1226779 1226779 UNREALIZED GAIN ON INVESTMENTS 10197843 AMOUNTS HELD ON BEHALF OF OTHERS 100974 99474 ACCRUED POST-RETIREMENT AND PENSION BENEFITS 28726344 38044282 CONSTRUCTION ADVANCES 2200000 2028145 INVESTMENT ADVISORS 7545749 7545749 7545749 0 BANK CUSTODY FEES 583105 583105 359772 223333 OTHER PROFESSIONAL FEES 6238966 0 2692351 3546615 TAXES - REAL ESTATE/OTHER 181796 0 78452 103344 UNEMPLOYMENT 5502 0 2374 3128