Stan Hywet Hall & Gardens Inc

Organization Overview

Stan Hywet Hall & Gardens Inc is located in Akron, OH. The organization was established in 1958. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Stan Hywet Hall & Gardens Inc employed 124 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stan Hywet Hall & Gardens Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Stan Hywet Hall & Gardens Inc generated $5.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $5.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PRESERVATION AND RESTORATION OF THE FORMER FRANK A. SEIBERLING FAMILY ESTATE

Describe the Organization's Program Activity:

CONTRIBUTIONS & MEMBERSHIP:THE PRESERVATION, MAINTENANCE AND RESTORATION OF THE HISTORICAL HOUSE, COLLECTIONS, GARDENS AND GROUNDS, AND INCLUDED RELATED EDUCATIONAL PROGRAMS.


TOURS:A PROGRAM TO EDUCATE VISITORS TO STAN HYWET HALL & GARDENS, WHICH INCLUDES A HISTORICAL MUSEUM. THE TOUR INTRODUCES VISITORS TO ART OBJECTS AND DETAILS THE HISTORICAL SIGNIFICANCE. ATTENDANCE WAS 149,769 IN 2021.


PUBLIC PROGRAMS:ALL PROGRAMS AND EVENTS HELD ON THE ESTATE TO ASSIST IN THE PRESERVATION, MAINTENANCE AND RESTORATION OF THE ESTATE.


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Board, Officers & Key Employees

Name (title)Compensation
Sean M Joyce CPA
President/exec Director (thru 7/30/21)
$211,074
Mark Syroney
VP Of Outreach & Comm
$111,972
Valarie Still
VP Of Events & Personnel
$110,289
Alane Boffa
Treasurer
$0
Mark Wernig
Chairman Of Board
$0
John Susany
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Arrc Inc
Restoration Services
$145,191
Color Renovation Llc
Painting Services
$119,350
Mark Haynes Construction
Construction Services
$470,472
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$81,173
Fundraising events$0
Related organizations$1,223,018
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$876,412
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,180,603
Total Program Service Revenue$1,977,201
Investment income $283,471
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $267,011
Net Gain/Loss on Asset Sales $202,603
Net Income from Fundraising Events $152,775
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$48,908
Miscellaneous Revenue$0
Total Revenue $5,111,685

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Stan Hywet Hall & Gardens Inc has recieved totaling $226,637.

Awarding OrganizationAmount
Akron Community Foundation

Akron, OH

PURPOSE: FOR 2021 GENERAL OPERATING SUPPORT

$70,290
Lehner Family Foundation

Akron, OH

PURPOSE: PROGRAMMING, GALA, MATCHING DONATION

$57,000
Willard E Smucker Foundation

Orrville, OH

PURPOSE: GENERAL OPERATIONS

$25,000
Lois Sisler Mcfawn Foundation

Brooklyn, OH

PURPOSE: GENERAL

$25,000
Stark Community Foundation Inc

Canton, OH

PURPOSE: GENERAL SUPPORT

$11,250
Betty V And John M Jacobson Foundation

Akron, OH

PURPOSE: GENERAL OPERATIONS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$28,238,236
Earnings$2,847,409
Net Contributions$668
Other Expense$1,158,240
Ending Balance$29,928,073

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