Gesneriad Society
- Assets
- $868.6k
- Revenue
- $252.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Maysville, KY
- Founding
- 03/1986
- Data as of
- 12/2019
- EIN
- 22-6059828
Organization Overview
Gesneriad Society is located in Maysville, KY. The organization was established in 1986. According to its NTEE Classification (C42) the organization is classified as: Garden Clubs, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gesneriad Society 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 12/2019, Gesneriad Society generated $252.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $118.2k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
HORTICULTURAL & BOTANICAL EDUCATION AND RESEARCH. THE OBJECTIVES OF THE GESNERIAD SOCIETY ARE TO AFFORD A CONVENIENT AND BENEFICIAL ASSOCIATION OF PERSONS INTERESTED IN GESNERIADS, TO STIMULATE A WIDESPREAD INTEREST IN GESNERAIDS, GATHER AND PUBLISH RELIABLE INFORMATION ABOUT THE IDENTIFICATION, CORRECT NOMENCLATURE, CULTURE AND PROPAGATION OF GESNERIADS; AND TO ENCOURAGE THE ORIGINATION AND INTRODUCTION OF NEW CULTIVARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION WITH SEMINARS, PLANT AND SEED DISTRIBUTION, AND PLANT JUDGING OF HYBRIDS AND SPECIES WITH SPECIAL FOCUS ON NEW SPECIES. AFFORDS ALL MEMBERS AN OPPORTUNITY TO MEET AND SHARE KNOWLEDGE AS WELL AS DISPLAY THE PLANT FAMILY TO THE PUBLIC AT LARGE.
PUBLICATION AND DISTRIBUTION OF GESNERIADS JOURNAL TO ALL MEMBERS, CONTAINING CULTURAL AND SCIENTIFIC INFORMATION REGARDING THE BOTANICAL FAMILY GESNERIACEAE (IE. GESNERIADS).
SCHOLARSHIP AND RESEARCH GRANTS TO STUDENTS AND RESEARCHERS WORKING IN A FIELD WITH EMPHASIS ON THE GESNERIAD FAMILY OF PLANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Fontes Treasurer | OfficerTrustee | 3 | $0 |
Jo Anne Martinez Second Vice | OfficerTrustee | 1 | $0 |
Julie Mavity-Hudson First Vice-P | OfficerTrustee | 2 | $0 |
Paul Susi President | OfficerTrustee | 1 | $0 |
Kathryn M Spissman Correspondin | OfficerTrustee | 1 | $0 |
Paulo Castello Da Costa Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,721 |
| Investment income | $125,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $252,902 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $7,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,793 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $118,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,136 |
| Savings and temporary cash investments | $242,839 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $610,668 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $868,643 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $868,643 |
Endowment Analysis
| Beg. Balance | $621,659 |
| Earnings | $22,354 |
| Admin Expense | $3,000 |
| Net Contributions | $33,754 |
| Other Expense | $3,914 |
| Grants | $29,583 |
| Ending Balance | $641,270 |
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