Civic Intelligence

The Olana Partnership

990 • Fiscal year 2019 • EIN 14-1828430

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 28, 2020

PO Box 199Hudson, NY 12534

(518) 828-1872

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.03x

Higher debt load relative to revenue than 15% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Net Margin

90th percentile

58%

Higher net margin than 90% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

48th percentile

$181,758

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Asset Growth

95th percentile

66%

Faster asset growth than 95% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

75%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$7,726,483

Up $3,058,175 (+66%) from 2018

Net Assets

Up

$7,595,965

Up $3,009,371 (+66%) from 2018

Liabilities

Up

$130,518

Up $48,804 (+60%) from 2018

Revenue

Up

$4,886,791

Up $2,093,855 (+75%) from 2018

Expenses

Up

$2,052,299

Up $427,824 (+26%) from 2018

Net Income

Up

$2,834,492

Up $1,666,031 (+143%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $2,977,665Liabilities 2010: $44,145Net Assets 2010: $2,933,5202010Assets 2011: $2,809,657Liabilities 2011: $90,705Net Assets 2011: $2,718,9522011Assets 2012: $3,488,322Liabilities 2012: $70,705Net Assets 2012: $3,417,6172012Assets 2013: $3,678,709Liabilities 2013: $107,909Net Assets 2013: $3,570,8002013Assets 2014: $4,047,702Liabilities 2014: $125,415Net Assets 2014: $3,922,2872014Assets 2015: $4,132,604Liabilities 2015: $478,359Net Assets 2015: $3,654,2452015Assets 2016: $3,815,640Liabilities 2016: $71,819Net Assets 2016: $3,743,8212016Assets 2017: $3,809,153Liabilities 2017: $96,209Net Assets 2017: $3,712,9442017Assets 2018: $4,668,308Liabilities 2018: $81,714Net Assets 2018: $4,586,5942018Assets 2019: $7,726,483Liabilities 2019: $130,518Net Assets 2019: $7,595,9652019Assets 2020: $9,171,863Liabilities 2020: $442,528Net Assets 2020: $8,729,3352020Assets 2021: $10,762,808Liabilities 2021: $530,956Net Assets 2021: $10,231,8522021Assets 2022: $10,730,401Liabilities 2022: $233,032Net Assets 2022: $10,497,3692022Assets 2023: $13,891,500Liabilities 2023: $206,419Net Assets 2023: $13,685,0812023Assets 2024: $16,220,685Liabilities 2024: $348,391Net Assets 2024: $15,872,2942024

Highlighted filing

2019

Assets$7,726,483
Liabilities$130,518
Net Assets$7,595,965

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,065,1602010Expenses 2011: $973,0622011Expenses 2012: $1,216,2372012Revenue 2013: $1,066,222Expenses 2013: $976,031Net Income 2013: $90,1912013Revenue 2014: $1,806,593Expenses 2014: $1,473,808Net Income 2014: $332,7852014Revenue 2015: $1,662,215Expenses 2015: $1,828,928Net Income 2015: -$166,7132015Revenue 2016: $1,075,382Expenses 2016: $1,225,819Net Income 2016: -$150,4372016Revenue 2017: $1,297,236Expenses 2017: $1,497,323Net Income 2017: -$200,0872017Revenue 2018: $2,792,936Expenses 2018: $1,624,475Net Income 2018: $1,168,4612018Revenue 2019: $4,886,791Expenses 2019: $2,052,299Net Income 2019: $2,834,4922019Revenue 2020: $2,641,572Expenses 2020: $1,510,080Net Income 2020: $1,131,4922020Revenue 2021: $3,766,819Expenses 2021: $2,391,659Net Income 2021: $1,375,1602021Revenue 2022: $2,737,101Expenses 2022: $2,193,193Net Income 2022: $543,9082022Revenue 2023: $5,405,343Expenses 2023: $2,439,498Net Income 2023: $2,965,8452023Revenue 2024: $5,214,127Expenses 2024: $3,098,638Net Income 2024: $2,115,4892024

Highlighted filing

2019

Revenue$4,886,791
Expenses$2,052,299
Net Income$2,834,492
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 28, 2020
Return Version
2019v5.1
Gross Receipts
$7,019,348
Mission and Program Overview

Mission

To inspire the public by preserving and interpreting olana, frederic church's artistic masterpiece.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,276,789$3,120,807▲ $1,844,018
Investments in Publicly Traded Securities$2,239,426$2,518,054▲ $278,628
Savings and Temporary Cash Investments$729,746$1,655,700▲ $925,954
Land, Buildings, and Equipment, Net$71,711$160,629▲ $88,918
Inventories for Sale or Use$112,287$115,353▲ $3,066
Cash and Non-Interest-Bearing Accounts$128,074$102,506▼ $25,568
Accounts Receivable$74,204$31,428▼ $42,776
Prepaid Expenses and Deferred Charges$36,071$22,006▼ $14,065
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,668,308$7,726,483▲ $3,058,175
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$81,714$130,518▲ $48,804
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$81,714$130,518▲ $48,804
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,176,099$7,124,595▲ $2,948,496
Net Assets Without Donor Restrictions$410,495$471,370▲ $60,875
Total Net Assets Fund Balance$4,586,594$7,595,965▲ $3,009,371
Total Liabilities and Net Assets / Fund Balance$4,668,308$7,726,483▲ $3,058,175

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$91,899$101,655$193,554
Leasehold Improvements$68,730-$68,730

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$2,139,063-▲ $369,303$100,000$2,408,366
2018$2,376,100-▼ $217,037$20,000$2,139,063
2017$2,433,157-▲ $307,652$364,709$2,376,100
2016$2,340,725-▲ $167,432$75,000$2,433,157
2015$2,491,593-▼ $100,868$50,000$2,340,725
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sean SawyerPresidentFT$168,288$13,470$181,758

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,082,949
Program Service Revenue
$542,213
Investment Income
$237,931
Other Revenue
$23,698
All Other Contributions
$3,189,163
Change in Net Assets
$2,834,492

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded18$116,340Fair Market Value (FMV)
Works of Art3$7,000Fair Market Value (FMV)
Other Non Cash Contri Table1$1,520Fair Market Value (FMV)
Total Noncash Contributions22$124,860-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,866,627
Revenue Not Reported on Financial Statements
$20,164
Revenue Not Reported on Form 990
$202,846
Total Revenue per Audited Statements
$5,069,473
Total Revenue per Form 990
$4,886,791
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,411,939
Other Expenses$564,360
Total Fundraising Expense$482,334
Professional Fundraising Fees$76,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$672,385$129,980$237,462$1,039,827
Current Officers, Directors, Trustees, and Key Employees$110,904$20,795$41,589$173,288
Fees for Services Other$158,477$3,500$650$162,627
Office Expenses$59,108$16,550$39,150$114,808
Other Employee Benefits$61,755$16,705$22,304$100,764
Payroll Taxes$64,767$11,930$21,363$98,060
Fees for Services Professional Fundraising--$76,000$76,000
Information Technology$57,553$3,384$10,048$70,985
Advertising$49,771-$2,820$52,591
Travel$29,553$2,167$12,782$44,502
Occupancy$12,366$6,215$7,063$25,644
Insurance$18,968$1,639$2,512$23,119
Fees for Service Investment Mgmnt Fees-$20,164-$20,164
Depreciation Depletion$15,596$1,593$2,656$19,845
Fees for Services Accounting-$17,225-$17,225
Other Expenses--$5,935$5,935
Interest-$3,659-$3,659
Fees for Services Legal$3,256--$3,256
Total Functional Expenses$1,314,459$255,506$482,334$2,052,299

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,060,102
Total Expenses per Form 990$2,052,299
Expenses per Audited Statements$2,032,135
Expenses Not Reported on Form 990$27,967
Expenses Not Reported on Financial Statements$20,164
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$218,882
Fundraising Gross Income$114,850
Professional Fundraising Fees$76,000
Gaming Direct Expenses$0
Gaming Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$685,170$95,400$162,593$-67,193
Summer Party$137,800$19,450$21,212$-1,762
Total Events$822,970$114,850$218,882$-104,032
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B - Line 15

The executive committee is in charge of recommending the compensation and benefits of the president. Regarding management compensation, an annual review is made of current salaries for similar positions to determine fair compensation.

Part VI, Section C - Line 19

The organization provides its financial statements and the conflict of interest policy to others upon request. The financial statements are also made available on the organization's website as well as a third party website, guidestar, for public view.

Part VI, Section B Line 11B

The organization provided a copy of the 990 tax return to the board of trustees. The trustees were given time to review and provide comments prior to being submitted.

Part VI, Section B - Line 12C

Each trustee, officer, and member of the professional staff of the partnership is provided with a copy of the conflict of interest policy and an annual disclosure form. The board of trustees shall annually review the conflict of interest policy and procedures contained therein and shall then give a copy, together with any amendments, to each trustee, officer, and member of the professional staff.

Part VI, Section A - Line 2

A family relationship exists between phoebe gubelmann and kate gubelmann, both are members of the board of trustees.

Filing and Contact Details

Filer

Filer Name
The Olana Partnership
EIN
14-1828430
In Care Of
% BETSY HENSON
Phone
5188281872
Address
PO BOX 199, HUDSON, NY 12534

Signing Officer

Name
Sean Sawyer
Title
President
Phone
5188281872
Signed
2020-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sean Sawyer
Formed
2001
Legal Domicile
Ny
Voting Board Members
25
Independent Board Members
25
Employees
50
Volunteers
40

Preparer

Firm
Uhy Advisors Ny Inc
Address
1 HUDSON CITY CENTRE STE 204, HUDSON, NY 12534
Preparer
Matthew H Vanderbeck
Phone
5188281565
Supplemental Narrative

Additional Explanations

Part III, Line 4D

Landscape/Viewshed: The Olana Partnership (TOP) continued to develop and expand its public programming focused on Olana historic landscape as part of the larger vision to provide visitors with an integrated, comprehensive experience of Olana as a work of landscape art and design. TOP's viewshed protection efforts are ongoing and involve monitoring all development within the extensive viewshed of Olana's National Historic Landmark 250-acre historic landscape. In 2019, the bulk of this work focused on TOP's coordination with Scenic Hudson to petition the Town of Livingston, NY to require a full environmental review for proposals for large communications towers on Blue Hill, a highly visible and significant location in Olana's viewshed. Capital Development: 2019 was the second year of The Olana Partnership's (TOP) capital campaign to fund the design and construction of a new visitor entry and orientation facility known as the Fredric Church Center. As of December 31, 2019, the campaign had raised $4,537,000 of the $10 million goal with 100% participation by TOP's Board. TOP's campaign is part of the larger capital development for Olana State Historic Site contained in the Strategic Landscape Design Plan (2015) and being undertaken with OPRHP. OPRHP is funding substantial elements through its capital budget. In 2019, TOP was involved in an advisory role in the completion of Phase I of the larger plan, the restoration and rehabilitation of the historic landscape surrounding the Main House. TOP also participated in additional planning and design work for other components, to be funded and constructed in future years.

Part III, Line 2

During the year ended december 31, 2019, the olana partnership assumed all visitor services and interpretive programming responsibilities from the office of parks, recreation, and historical preservation (oprhp).

Financial Statement Notes

Endowment Funds

Permanent endowment-the organization's endowment funds are donor-restricted endowment funds for salaried positions. Donors have intended that the earnings on such gifts be accumulated until each position reaches the $1mm goal. During the year ended december 31, 2014, the organization reached its goal of $1mm for the president and educator endowment funds.

Part X, Line 2

The Organization has evaluated any uncertain tax positions and related income tax contingencies and determined uncertain tax positions, if any, are not material to the financial statements, according to FASB ASC 740-10. Penalties and interest assessed by income taxing authorities are included in operating expenses, if incurred. None of the Organization's returns are currently under examination.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7RECORDING SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8CORRESPONDING SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
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IRS990/MissionDesc0TO INSPIRE THE PUBLIC BY PRESERVING AND INTERPRETING OLANA, FREDERIC CHURCH'S ARTISTIC MASTERPIECE.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.2$0.35$15.9$5.21$3.10$2.12
2023Summary only. Only limited summary data is available for this year.$13.9$0.21$13.7$5.41$2.44$2.97
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$0.23$10.5$2.74$2.19$0.54
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.53$10.2$3.77$2.39$1.38
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.17$0.44$8.73$2.64$1.51$1.13
2019Detailed filing. Detailed filing data is available for this year.$7.73$0.13$7.60$4.89$2.05$2.83
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$0.08$4.59$2.79$1.62$1.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.81$0.10$3.71$1.30$1.50$0.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.82$0.07$3.74$1.08$1.23$0.15
2015Summary only. Only limited summary data is available for this year.$4.13$0.48$3.65$1.66$1.83$0.17
2014Summary only. Only limited summary data is available for this year.$4.05$0.13$3.92$1.81$1.47$0.33
2013Detailed filing. Detailed filing data is available for this year.$3.68$0.11$3.57$1.07$0.98$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$0.07$3.42$1.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.09$2.72$0.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.04$2.93$1.07