Coastal Maine Botanical Gardens Inc

Organization Overview

Coastal Maine Botanical Gardens Inc is located in Boothbay, ME. The organization was established in 1993. According to its NTEE Classification (C41) the organization is classified as: Botanical Gardens & Arboreta, under the broad grouping of Environment and related organizations. As of 03/2022, Coastal Maine Botanical Gardens Inc employed 130 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coastal Maine Botanical 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 03/2022, Coastal Maine Botanical Gardens Inc generated $23.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $8.8m during the year ending 03/2022. While expenses have increased by 12.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF COASTAL MAINE BOTANICAL GARDENS IS TO INSPIRE MEANINGFUL CONNECTIONS AMONG PEOPLE, PLANTS, AND NATURE THROUGH HORTICULTURE, EDUCATION, AND RESEARCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INCORPORATED AS A NON-PROFIT IN 1992, COASTAL MAINE BOTANICAL GARDENS (CMBG) OPENED IN 2007 AS MAINE'S FIRST MAJOR BOTANICAL GARDEN. AT 325 ACRES, 17 OF WHICH INCLUDE THEMED AND ORNAMENTAL GARDENS, WOODLAND TRAILS, WITH NEARLY A MILE OF TIDAL SHOREFRONT, IT IS THE LARGEST PUBLIC GARDEN IN NORTHERN NEW ENGLAND. THE GARDENS FEATURES THE LYN AND DANIEL LERNER VISITOR CENTER, CURATED GARDENSHOP, AND CAF BUILDING HOUSING A GRAB-AND-GO MARKET. CMBG OFFERS EDUCATIONAL PROGRAMS ENCOMPASSING PLANT SCIENCE, GARDENING, BOTANICAL ARTS, AND ENVIRONMENTAL EDUCATION IN OUR LEED- PLATINUM, NET-ZERO BOSARGE FAMILY EDUCATIONAL CENTER. EACH OF THE GARDENS' BUILDINGS ALSO HOUSE ADMINISTRATIVE OFFICES. CMBG REMAINS AN ECONOMIC ENGINE FOR THE STATE OF MAINE, ATTRACTING OVER 300,000 VISITORS TO THE BOOTHBAY REGION FROM APRIL 1, 2021, THROUGH MARCH 31, 2022.


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Board, Officers & Key Employees

Name (title)Compensation
Gretchen Ostherr
President &
$229,823
Mary Neal
Chair
$0
Judy Parkhill
Vice Chair
$0
Barbara Alfond
Vice Chair
$0
Paul Goodof
Vice Chair/t
$0
Ann Poole
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $741,921
All other contributions, gifts, grants, and similar amounts not included above$15,491,578
Noncash contributions included in lines 1a–1f $762,625
Total Revenue from Contributions, Gifts, Grants & Similar$16,233,499
Total Program Service Revenue$5,640,424
Investment income $130,399
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $8,930
Net Gain/Loss on Asset Sales $307
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,259,796
Miscellaneous Revenue$0
Total Revenue $23,280,988

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Coastal Maine Botanical Gardens Inc has recieved totaling $23,000.

Awarding OrganizationAmount
Sears-Swetland Family Foundation

Bratenahl, OH

PURPOSE: ENVIRONMENTAL EDUCATION

$20,000
Cmh Foundation

Boston, MA

PURPOSE: GENERAL PURPOSE

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,906,154
Earnings$474,359
Net Contributions$519,982
Other Expense$124,520
Ending Balance$5,775,975

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