TOTAL REVENUE - FISCAL 2025
$16,088,921
Down 8.2% from $17,526,412 in fiscal 2024.
Phipps Conservatory And Botanical
Pittsburgh, Pennsylvania - EIN 25-1492587 - Latest filing: fiscal 2025 (Oct 1, 2024 - Sep 30, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed Aug 6, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Aug 6, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Phipps Conservatory And Botanical reported $16,088,921 in revenue and $18,068,207 in expenses in fiscal 2025, a deficit of $1,979,286 for the year. Program services took $15,883,827 of expenses, or 87.9%. The organization closed the year with $74,881,482 in net assets - about 49.7 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$18,068,207
Revenue minus expenses: -$1,979,286 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
87.9%
$15,883,827 of $18,068,207 went to program services.
NET ASSETS - END OF FISCAL 2025
$74,881,482
Total assets $80,326,747 minus total liabilities $5,445,265.
TOP EXECUTIVE PAY - FISCAL 2025
$714,763
Richard Piacentini, President And CEO, as reported on the fiscal-2025 Form 990, filed Aug 6, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
211 Employees
Plus 202 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed Aug 6, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.10 - $756,518 in fundraising expenses divided by $7,814,529 in total contributions.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $7,814,529 |
| Membership Dues | $1,922,975 |
| Fundraising Events | $223,570 |
| Government Grants | $3,879,963 |
| All Other Contributions | $1,788,021 |
| Program Service Revenue | $6,419,217 |
| Investment Income | $887,025 |
| Other Revenue | $968,150 |
| Total Revenue (All Sources) | $16,088,921 |
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
49.7 Months
of reserves - $74,881,482 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $1,505,683 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $80,326,747 |
| Total Liabilities | $5,445,265 |
| Liabilities as Share of Assets | 6.8% |
| Net Assets | $74,881,482 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Aug 6, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Richard Piacentini - President And CEO | $714,763 | 3.96% |
| Gregory R Dufour - Director, Capital Campaigns | $271,281 | 1.50% |
| Katherine Lynch - Chief Financial Officer | $192,324 | 1.06% |
| Joseph Reed Senior Director - Of Marketing And Communications | $182,390 | 1.01% |
| Karen Priore Senior Director - Of Site Operations (Exit 5/25) | $170,264 | 0.94% |
| Peter Thomson Director Of - Facilities & Sustain. (Enter 10/24) | $145,611 | 0.81% |
| Corinne Gibson Director Of - Regenerative Culture & Cmty Engmt | $142,558 | 0.79% |
| Sarah States Director Of - Research & Science Ed. (Exit 7/25) | $135,117 | 0.75% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed Aug 6, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
38 voting members, 38 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Richard Piacentini | President And CEO |
| Gregory R Dufour | Director, Capital Campaigns |
| Katherine Lynch | Chief Financial Officer |
| Joseph Reed Senior Director | Of Marketing And Communications |
| Karen Priore Senior Director | Of Site Operations (Exit 5/25) |
| Peter Thomson Director Of | Facilities & Sustain. (Enter 10/24) |
| Corinne Gibson Director Of | Regenerative Culture & Cmty Engmt |
| Sarah States Director Of | Research & Science Ed. (Exit 7/25) |
| Erica Cochran-Hameen | Immediate Past Chair |
| Matthew Mehalik | Chair |
| Bill Slivka | Treasurer |
| Patty Demarco PHD | Vice Chair |
| Very Krekanova PHD | Secretary |
| Nathan Boxx | Trustee (Exit 10/24) |
| Dorothy Boyer | Trustee |
| Fred Brown | Trustee |
| Walter Burlack | Trustee (Enter 10/24) |
| Jeanne L Demoss DO | Trustee |
| Sherry Ducarme | Trustee (Exited 10/24) |
| Beverlynn Elliot | Trustee |
| Chad Fitzgerald | Trustee |
| Marita Garrett | Trustee |
| Mike Herald | Trustee |
| Jui Joshi | Trustee |
| Carole L Kamin | Trustee |
| Joanne Kilgour | Trustee |
| Joseph Lagana | Trustee |
| Scott Lammie | Trustee (Exited 10/24) |
| Maureen Lichtveld MD Mph | Trustee (Enter 10/24) |
| Vivian Loftness | Trustee |
| Ryan Martin | Trustee (Enter 10/24) |
| Tami Minnier | Trustee (Enter 10/24) |
| Caroline Mitchell | Trustee |
| Jennifer Muse | Trustee |
| Kelly Noel | Trustee |
| Mary Odom | Trustee (Enter 10/24) |
| Reshma Paranjpe | Trustee |
| Mike Parkinson | Trustee |
| John Pollock | Trustee |
| Grand Ynga Chief Pomaj Chakmam | Yajlaji, Trustee |
| Billy Porter | Trustee (Exited 10/24) |
| Anita Prizio | Trustee |
| Diana Mrvos Rath | Trustee (Enter 10/24) |
| Andre Samuel PHD | Trustee |
| Krishna Sharma | Trustee |
| Carlyn Sheehan | Trustee (Enter 10/24) |
| Ginny Simmons | Trustee |
| Tim Smith | Trustee |
| John Stolz | Trustee (Exited 10/24) |
| Ritu Thamman | Trustee |
| Missy Unkovic | Trustee (Enter 10/24) |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence38 voting / 38 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $42,000 in grants paid in fiscal 2025.
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $17,526,412 | - |
| Fiscal 2025 | $16,088,921 | -8.2% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Oct 1, 2024 - Sep 30, 2025 | Form 990 | In Force - Filed Aug 6, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.