Eleutherian Mills-Hagley Foundation Inc
Nonprofit profile at a glance
- EIN
- 510070531
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Wilmington, DE, USA
- Phone
- 3026582400
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $13,792,052
- Expenses
- $13,015,639
- Assets
- $206,570,197
- Liabilities
- $730,949
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- Henry B du Pont IV (President)
- Ann C Rose (Vice President)
- Jill Mackenzie (Executive Director)
Highest reported compensation
- Jill Mackenzie (Executive Director): $246,290 total reported compensation
- Erik Rau (Director, Library Services): $173,282 total reported compensation
- Roger Horowitz (CHBTS Director): $131,215 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hagley Museum and Library seeks to inspire all people to be innovative in their own lives through investigation and exploration of our historical collections, the original DuPont powder yard, and online resources.
What it reported doing in 2024
Hagley Museum is located on 235 acres along the banks of the Brandywine River in Wilmington, Delaware. Hagley is the site of the gunpowder works founded by E. I. du Pont de Nemours in 1802. This example of early American industry includes restored mills, a workers' community, and the ancestral home and gardens of the du Pont family. Hagley exhibits objects and artifacts that interpret the unfolding history of American business, technology, and innovation, and its impact on the world.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 68
- Accountability: 100
- Sustainability: 69
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 72.1%; rating input score 72
- Fundraising efficiency: $5.36 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 77.8%; rating input score 78; 16th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.6%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 15.87; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 95; 95th percentile among comparable filings
- Officer compensation ratio: 7%; rating input score 36; 36th percentile among comparable filings
Growth
- Program expense growth: -0% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 15th percentile among comparable filings
- Asset growth: 2.4% per year; rating input score 100; 19th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 72.1% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $9.4M in reported program spending
- Leadership: top reported pay $246K · 22 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $581K reported
- Consistency: 35 of 36 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 22/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 56/100.
- Moderate — Sustainability: Officer compensation ratio scored 36/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.