Brooklyn Botanic Garden Corporation
- Assets
- $137.1m
- Revenue
- $30.5m
- Investments
- $8.8m
- Employees
- 344
- Location
- Brooklyn, NY
- Founding
- 05/1977
- Data as of
- 12/2023
- EIN
- 11-2417338
Organization Overview
Brooklyn Botanic Garden Corporation is located in Brooklyn, NY. The organization was established in 1977. 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 12/2023, Brooklyn Botanic Garden Corporation employed 344 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Botanic Garden Corporation 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 12/2023, Brooklyn Botanic Garden Corporation generated $30.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $27.8m during the year ending 12/2023. While expenses have increased by 3.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AN URBAN BOTANIC GARDEN THAT CONNECTS PEOPLE TO THE WORLD OF PLANTS (SEE SCHEDULE O).
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE: SEE SCHEDULE O.
SECURITY:SECURITY ENSURES THAT OUR GARDEN AND ITS LIVING COLLECTIONS ARE PROTECTED AND THAT OUR VISITORS' ENVIRONMENT IS SAFE. PROGRAM ENHANCEMENTS:COMBINING RECREATION WITH HORTICULTURAL AND ECOLOGICAL INTERPRETATION AND EDUCATION, THE GARDEN PRODUCES A VARIETY OF SEASONAL PUBLIC PROGRAMS THAT HIGHLIGHT THE COLLECTIONS AND THE SEASON AND CELEBRATE THE CULTURAL DIVERSITY OF BROOKLYN. IN THE SPRING, THE GARDEN HONORS THE JAPANESE TRADITION OF HANAMI: CELEBRATING THE CHERRY BLOSSOM SEASON WITH DANCE, MUSIC, AND PERFORMANCE. THE GARDEN CELEBRATES SUMMER AND FALL WITH PROGRAMMED EVENINGS, HIGHLIGHTING LOCAL ARTISTS AND BROOKLYN CULTURE. IN ADDITION, THE GARDEN ENHANCES THE EXPERIENCE OF ITS VISITORS AND PATRONS WITH VARIOUS EXHIBITIONS AND A COMPREHENSIVE VISITOR SERVICES PROGRAM. MEMBERSHIP: MEMBERSHIP ENHANCES THE GARDEN VISITOR EXPERIENCE BY PROVIDING YEAR-ROUND ACCESS TO THE GARDEN, SPECIALTY AFTER-HOURS GARDEN EVENTS, AS WELL AS ADDITIONAL EDUCATIONAL MATERIALS. THE MEMBERSHIP PROGRAM AVAILS VISITORS OF VARIOUS GARDEN AND COMMUNITY DISCOUNTS. ADMISSIONS:THE GARDEN IS COMMITTED TO MAKING ITS EXHIBITIONS, PROGRAMS, AND COLLECTIONS ACCESSIBLE TO ALL WHO VISIT. TO ENSURE ACCESSIBILITY, THE GARDEN MAINTAINS A COMMUNITY TICKET PROGRAM, WHERE A PORTION OF EACH DAYS' TICKETS ARE SET ASIDE FOR THOSE WHO NEED THEM. IN ADDITION TO THE COMMUNITY TICKET PROGRAM, THE GARDEN PARTICIPATES IN VARIOUS COMPLIMENTARY OR REDUCED PRICED ADMISSION PROGRAMS.PUBLICATIONS:THE DIGITAL AND PRINT MEDIA DEPARTMENT CREATES ORIGINAL, MISSION-DRIVEN MEDIA THAT INFORMS THE PUBLIC ABOUT PLANTS, ECOLOGY, AND HORTICULTURE. PRODUCTS INCLUDE GARDEN GUIDES TO A BETTER PLANET, EDITORIAL SERVICES FOR ALL OF THE GARDEN'S INTERPRETATION AND PRINTED MATERIAL, AS WELL AS COLLECTION AND MANAGEMENT OF PHOTOS DOCUMENTING THE GARDEN'S COLLECTIONS. THE DEPARTMENT ALSO MANAGES THE GARDEN'S WEBSITE, BBG.ORG, THAT OFFERS GARDENING ARTICLES, A NATURE BLOG, HISTORIC IMAGES OF THE COLLECTIONS, AND RICH RESEARCH RESOURCES.CAPITAL CAMPAIGN:IN THE MOST SIGNIFICANT GARDEN RENEWAL EFFORT SINCE ITS FOUNDING IN 1910, THE GARDEN HAS COMPLETED ITS CAPITAL CAMPAIGN. WITH PROJECTS EFFECTING VIRTUALLY EVERY PART OF THE GARDEN AND EXTENDING BEYOND ITS BORDERS, THESE ENHANCEMENTS WILL HELP THE GARDEN MEET THE RAPIDLY CHANGING NEEDS OF ITS AUDIENCE, FOSTER A LOVE AND UNDERSTANDING OF PLANTS AND THE NATURAL WORLD AND INSPIRE THE NEXT GENERATION OF ENVIRONMENTAL STEWARDS.
HORTICULTURE: SEE SCHEDULE O.
EDUCATION AND OUTREACH PROGRAMS: SEE SCHEDULE O.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane H Steinberg Board Chair | OfficerTrustee | 5 | $0 |
Jennifer Rogg Eisenstadt Vice Chair | OfficerTrustee | 5 | $0 |
Suzanne T Marquard Vice Chair | OfficerTrustee | 5 | $0 |
Lloyd M Metz Vice Chair | OfficerTrustee | 5 | $0 |
Martha Mast Watts Treasurer | OfficerTrustee | 5 | $0 |
Elizabeth Gile Secretary | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lord Cultural Resources Strategic Planning Consultants | 12/30/23 | $270,288 |
Elite Investigations Ltd - Ny Contract Security | 12/30/23 | $240,649 |
Ny Tent Llc Party Rental | 12/30/23 | $215,261 |
Ventucom Llc Consulting It | 12/30/23 | $167,997 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,413,030 |
| Fundraising events | $920,214 |
| Related organizations | $0 |
| Government grants | $10,614,367 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,416,361 |
| Noncash contributions included in lines 1a–1f | $191,588 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,363,972 |
| Total Program Service Revenue | $5,327,549 |
| Investment income | $575,647 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,005,364 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$466,176 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $183,678 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,503,693 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $688,314 |
| Compensation of current officers, directors, key employees. | $86,827 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,236,774 |
| Pension plan accruals and contributions | $1,415,576 |
| Other employee benefits | $3,353,369 |
| Payroll taxes | $1,007,354 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $125,124 |
| Fees for services: Accounting | $63,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $107,430 |
| Fees for services: Investment Management | $113,841 |
| Fees for services: Other | $3,414,736 |
| Advertising and promotion | $208,772 |
| Office expenses | $430,565 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $762,247 |
| Travel | $281,396 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,612,981 |
| Insurance | $426,149 |
| All other expenses | $8,770 |
| Total functional expenses | $27,751,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,294,918 |
| Savings and temporary cash investments | $14,883,980 |
| Pledges and grants receivable | $2,862,168 |
| Accounts receivable, net | $571,071 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $303,636 |
| Net Land, buildings, and equipment | $25,814,263 |
| Investments—publicly traded securities | $78,598,035 |
| Investments—other securities | $8,816,913 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $137,144,984 |
| Accounts payable and accrued expenses | $4,310,415 |
| Grants payable | $0 |
| Deferred revenue | $501,993 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,699,321 |
| Total liabilities | $14,511,729 |
| Net assets without donor restrictions | $114,337,635 |
| Net assets with donor restrictions | $8,295,620 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $137,144,984 |