Heritage Conservancy INC FY2024 filing

Tax-deductible

Doylestown, PA501(c)(3)Since 1958Arts & CultureEIN 23-6296515

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We are a community based organization dedicated to the preservation and protection of significant open spaces, natural resources, and our historic Heritage.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$290K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $2.1M a year · 37% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$290K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 13.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $12K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$813K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.5M
+153% vs prior year
Spent
$3.2M
To programs
68%
Net assets
$38.2M
By yearFY2020–FY2025
Revenue
$12.5M
FY2024▲ +153%
Revenue by fiscal year
FY2020$7.4M
FY2021$3.7M
FY2022$2.3M
FY2023$4.9M
FY2024$12.5M
FY2025$3.0M
Expenses
$3.2M
FY2024▲ +4%
Expenses by fiscal year
FY2020$6.0M
FY2021$2.3M
FY2022$3.1M
FY2023$3.0M
FY2024$3.2M
FY2025$3.6M
Net assets
$38.2M
FY2024▲ +37%
Net assets by fiscal year
FY2020$27.4M
FY2021$29.4M
FY2022$26.5M
FY2023$27.9M
FY2024$38.2M
FY2025$39.0M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1960.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $2.2M Management & general 15% · $485K Fundraising 16% · $518K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $290K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$178,875Pt VII · Sec A
Vice Preside
$111,070Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Assist. Secr
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

William Kunze’s $180K as President is at the 78th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
William Kunze$179,912$178,875$162,864$173,842$52,345—
Jeffrey L Marshall———$24,230$86,413$161,534
Linda J Cacossa——$82,963$134,901$130,044$139,356
Kris Kern$44,832$111,070$99,996———
Erika Blumenthal$75,992—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Heritage Conservancy INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves and protects open spaces, natural resources, and historic heritage.

Provided by the organization

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1 program · $2.2M · in their own filed words · FY2024
01

Heritage conservancy is a nonprofit organization that works in partnership with communities, landowners, businesses, governments, and other mission- focused organizations to ensure that the landscapes that make this region special endure and flourish, for the benefit of both people and nature.

$2.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$12K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$12.5M
Ln 12
Gifts and grantsLn 1h$11.0M
Investment incomeLn 3$572K
Other incomeLn 4–11$500K
Money outPt IX
$3.2M
Ln 25
Programscol B$2.2M
Managementcol C$485K
Fundraisingcol D$518K
Owns and owesPt X
$38.2M
net assets · Ln 32
Cash and savingsLn 1–2$3.6M
Total assetsLn 16$39.1M
LiabilitiesLn 26$813K
PeoplePt VI, VII
20
listed · VII A
PaidVII A2
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11.0M
Government grantsLn 1e$56K
Noncash giftsLn 1g$9.7M
Fundraising eventsLn 1c$253K
Fees for servicesLn 2g$342K
Investment incomeLn 3$572K
Other incomeLn 4–11$500K
Gains on assetsLn 7$230K
Total revenueLn 12$12.5M
Assets in detailPt X, end of year
CashLn 1$27K
SavingsLn 2$3.6M
Cash and savings togetherLn 1–2$3.6M
InvestmentsLn 11–13$7.9M
Land, buildings, equipmentLn 10c$24.2M
Other assetsLn 15$3.0M
Total assetsLn 16$39.1M
LiabilitiesLn 26$813K
Net assetsLn 32$38.2M
OperationsPt I, VI
EmployeesI 558
VolunteersI 6349
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$3.4M$3.6M
InvestmentsLn 11–13$7.4M$7.9M
Land, buildings, equipmentLn 10c$14.3M$24.2M
Total assetsLn 16$28.7M$39.1M
LiabilitiesLn 26$764K$813K
Net assetsLn 32$27.9M$38.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$322K$209K$64K$48K
Other salaries and wagesLn 7$1.4M$919K$168K$318K
Pension plan contributionsLn 8$26K$11K$6K$9K
Other employee benefitsLn 9$100K$45K$23K$33K
Payroll taxesLn 10$131K$88K$17K$26K
Legal feesLn 11b$65K$51K$13K
Accounting feesLn 11c$26K$26K
Investment management feesLn 11f$33K$33K
Other fees for servicesLn 11g$46K$44K$1K
Advertising and promotionLn 12$8K$7K$900
Office expensesLn 13$80K$18K$33K$29K
Information technologyLn 14$41K$11K$21K$10K
OccupancyLn 16$379K$338K$17K$24K
TravelLn 17$28K$27K$398$509
Conferences, conventions and meetingsLn 19$10K$5K$4K$1K
InterestLn 20$1K$1K
Depreciation, depletion and amortizationLn 22$120K$87K$19K$13K
InsuranceLn 23$79K$72K$7K
Other expenses (24a–d)Ln 24$249K$215K$30K$4K
All other expensesLn 24e$10K$9K$1K$195
Total functional expensesLn 25$3.2M$2.2M$485K$518K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.0M$3.6M−$598K$39.0M 990 PDF
FY2024 Viewing $12.5M$3.2M$9.3M$38.2M 990 PDF
FY2023 $4.9M$3.0M$1.9M$27.9M 990 PDF
FY2022 $2.3M$3.1M−$841K$26.5M 990 PDF
FY2021 $3.7M$2.3M$1.3M$29.4M 990 PDF
FY2020 $7.4M$6.0M$1.4M$27.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (5 parts)
Part I · Summary $12,458,931 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,427,725$11,044,758
I-9 Program service revenuePrior year $472,046$342,031
I-10 Investment incomePrior year $2,639,491$571,798
I-11 Other revenuePrior year $381,670$500,344
I-12 Total revenuePrior year $4,920,932$12,458,931
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,857,746$1,985,291
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,167,854$1,175,302
I-18 Total expensesPrior year $3,025,600$3,160,593
I-19 Revenue less expensesPrior year $1,895,332$9,298,338
Part VIII · Statement of revenue $12,458,931 across 12 lines filed
VIII-1c Fundraising events$252,606
VIII-1e Government grants$56,455
VIII-1f All other contributions, gifts and grants$10,735,697
VIII-1g Noncash contributions (included above)$9,739,346
VIII-1h Total contributions, gifts and grants$11,044,758
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $342,031$342,031
VIII-3 Investment incomeExcluded from tax $341,735$341,735
VIII-6 Net rental income or lossExcluded from tax $356,575$356,575
VIII-7 Net gain or loss on sales of assetsExcluded from tax $230,063$230,063
VIII-8 Net income from fundraising eventsExcluded from tax −$78,235−$78,235
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $189,151 · Excluded from tax $32,853$222,004
VIII-12 Total revenueRelated to mission $342,031 · Unrelated business $189,151 · Excluded from tax $882,991$12,458,931
Part IX · Statement of functional expenses $3,160,593 across 20 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $209,141 · Management $64,350 · Fundraising $48,262$321,753
IX-7 Other salaries and wagesPrograms $919,263 · Management $168,293 · Fundraising $318,472$1,406,028
IX-8 Pension plan contributionsPrograms $11,145 · Management $6,081 · Fundraising $9,024$26,250
IX-9 Other employee benefitsPrograms $44,567 · Management $22,995 · Fundraising $32,897$100,459
IX-10 Payroll taxesPrograms $87,799 · Management $16,578 · Fundraising $26,424$130,801
IX-11b Legal feesPrograms $51,481 · Management $13,171$64,652
IX-11c Accounting feesManagement $26,015$26,015
IX-11f Investment management feesManagement $32,910$32,910
IX-11g Other fees for servicesPrograms $44,374 · Management $1,314$45,688
IX-12 Advertising and promotionPrograms $7,303 · Fundraising $900$8,203
IX-13 Office expensesPrograms $17,883 · Management $32,934 · Fundraising $29,439$80,256
IX-14 Information technologyPrograms $10,809 · Management $20,676 · Fundraising $9,502$40,987
IX-16 OccupancyPrograms $337,693 · Management $17,433 · Fundraising $24,176$379,302
IX-17 TravelPrograms $27,015 · Management $398 · Fundraising $509$27,922
IX-19 Conferences, conventions and meetingsPrograms $5,238 · Management $3,900 · Fundraising $1,083$10,221
IX-20 InterestManagement $1,006$1,006
IX-22 Depreciation, depletion and amortizationPrograms $87,303 · Management $18,827 · Fundraising $13,383$119,513
IX-23 InsurancePrograms $71,988 · Management $6,891$78,879
IX-24 Other expenses (24a–d)Programs $215,301 · Management $29,965 · Fundraising $4,112$249,378
IX-24e All other expensesPrograms $8,725 · Management $1,450 · Fundraising $195$10,370
IX-25 Total functional expensesPrograms $2,157,028 · Management $485,187 · Fundraising $518,378$3,160,593
Part X · Balance sheet $39,052,467 assets, 17 lines filed
Asset lines not itemized here account for $6,250; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $13,706$27,169
X-2 Savings and temporary cash investmentsStart of year $3,420,600$3,557,601
X-3 Pledges and grants receivableStart of year $555,265$346,181
X-4 Accounts receivableStart of year $20,649$19,310
X-9 Prepaid expenses and deferred chargesStart of year $14,843$78,643
X-10c Land, buildings and equipment, netStart of year $14,309,908$24,154,604
X-11 Publicly traded securitiesStart of year $7,391,009$7,850,765
X-15 Other assetsStart of year $2,770,970$3,011,944
X-16 Total assetsStart of year $28,667,655$39,052,467
X-17 Accounts payable and accrued expensesStart of year $126,821$166,643
X-19 Deferred revenueStart of year $445,074$465,356
X-25 Other liabilitiesStart of year $176,400$173,035
X-26 Total liabilitiesStart of year $764,023$812,898
X-27 Net assets without donor restrictionsStart of year $10,704,777$20,763,102
X-28 Net assets with donor restrictionsStart of year $17,198,855$17,476,467
X-32 Total net assets or fund balancesStart of year $27,903,632$38,239,569
X-33 Total liabilities and net assetsStart of year $28,667,655$39,052,467
Part XI · Reconciliation of net assets $38,239,569 net assets at year end
XI-1 Total revenue$12,458,931
XI-2 Total expenses$3,160,593
XI-3 Revenue less expenses$9,298,338
XI-4 Net assets at start of year$27,903,632
XI-5 Net unrealized gains (losses) on investments$1,037,599
XI-10 Net assets at end of year$38,239,569

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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