Friends Of The University Of Virginias Blandy Experimental Farm
- Assets
- $1.2m
- Revenue
- $328.7k
- Investments
- $948.1k
- Employees
- 3
- Location
- Boyce, VA
- Founding
- 10/1984
- Data as of
- 06/2022
- EIN
- 54-1268275
Organization Overview
Friends Of The University Of Virginias Blandy Experimental Farm is located in Boyce, VA. The organization was established in 1984. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, under the broad grouping of Environment and related organizations. As of 06/2022, Friends Of The University Of Virginias Blandy Experimental Farm employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The University Of Virginias Blandy Experimental Farm 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 06/2022, Friends Of The University Of Virginias Blandy Experimental Farm generated $328.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $264.6k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION OF THE STATE ARBORETUM'S MISSION IS TO SUPPORT BLANDY'S RESEARCH AND EDUCATIONAL GOALS, SUSTAIN THE ARBORETUM'S COLLECTIONS, AND ENHANCE BLANDY'S VALUE AS AN INSTITUTION THAT SERVES THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A PRIMARY OBJECTIVE OF THE FOUNDATION OF THE STATE ARBORETUM (THE FOUNDATION) IS TO EDUCATE THE PUBLIC ABOUT THE ARBORETUM AND ITS COLLECTIONS. THE FOUNDATION HOSTS A VARIETY OF PUBLIC PROGRAMS, ALL GEARED TOWARD ENVIRONMENTAL EDUCATION, SUCH AS ARBORETUM TOURS, LECTURES, WORKSHOPS AND EXHIBITS. THE FOUNDATION DIRECTLY CONTRIBUTES FUNDS TO THE UNIVERSITY OF VIRGINIA'S BLANDY EXPERIMENTAL FARM IN ORDER TO SUPPORT SEVERAL STAFF POSITIONS, PROVIDE STUDENT RESEARCH FELLOWSHIPS AND OFFSET ADMINISTRATIVE COSTS. THE FOUNDATION SPONSORS GARDEN FAIR, A PLANT AND GARDEN SUPPLY SALE THAT IS THE ARBORETUM'S LARGEST FUNDRAISER. OTHER EVENTS INCLUDE NATURE NURTURES IN THE FALL AND HOLIDAY WORKSHOPS IN DECEMBER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Bauserman Past President | OfficerTrustee | 2 | $0 |
Josephine DE Give President | OfficerTrustee | 2 | $0 |
Heather Dudley Secretary | OfficerTrustee | 2 | $0 |
Nancy Takahashi Vice President | OfficerTrustee | 2 | $0 |
Charles Ellison Treasurer | OfficerTrustee | 2 | $0 |
Celie Harris Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,762 |
| Investment income | $12,073 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $51,335 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $328,709 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $11,434 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,814 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,065 |
| Fees for services: Other | $80,462 |
| Advertising and promotion | $945 |
| Office expenses | $8,707 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $264,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,354 |
| Savings and temporary cash investments | $239,606 |
| 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 | $191 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $948,090 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,194,241 |
| Accounts payable and accrued expenses | $24,746 |
| 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 | $24,746 |
| Net assets without donor restrictions | -$43,246 |
| Net assets with donor restrictions | $1,212,741 |
| 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 | $1,169,495 |