Brookgreen Gardens is located in Pawleys Island, SC. The organization was established in 1936. According to its NTEE Classification (C41) the organization is classified as: Botanical Gardens & Arboreta, 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. Brookgreen Gardens 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, Brookgreen Gardens generated $5.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $5.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 8 years. 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
BROOKGREEN GARDENS WAS FOUNDED TO PRESERVE THE NATURAL FLORA AND FAUNA OF SOUTH CAROLINA AND TO DISPLAY AND PRESERVE FIGURATIVE SCULPTURE AND OBJECTS OF ART WITHIN THAT NATURAL SETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBITION AND PRESERVATION OF AMERICAN SCULPTURE CURRENTLY CONTAINING OVER 1100 WORKS SPANNING THE ENTIRE PERIOD OF AMERICAN SCULPTURE -- FROM THE EARLY 1800S TO THE PRESENT.
BROOKGREEN GARDENS IS COMMITTED TO SHARING ITS RESOURCES WITH STUDENTS, TEACHERS AND VISITORS TO THE GARDENS. ART, NATURE, & HISTORY COMBINE TO PROVIDE STUDENTS AND VISITORS WITH OPPORTUNITIES TO VIEW PLANTS AND ANIMALS IN THEIR NATIVE SETTINGS AND TO LEARN ABOUT BROOKGREEN'S RICH PLANTATION HISTORY
HORTICULTURE - THE FLORAL JEWEL OF SC IS A DIVERSE MIX OF FORESTED SWAMPS, SALT MARSHES AND FRESH TIDAL SWAMPS. THE 9,200 ACRE PROPERTY CONTINUES TO PRESERVE ITS NATURAL HERITAGE AND DEVELOP GARDENS TO SHOWCASE SCULPTURES.
PUBLIC OPERATIONS-PROVIDES THE ORGANIZATION WITH GUEST SERVICES ON A DAILY BASIS AND PROVIDES ADDITIONAL ASSISTANCE DURING SPECIAL EVENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carl O Falk Trustee | Trustee | 1 | $0 |
Dalton B Floyd Jr Treasurer, Life Trustee | OfficerTrustee | 1 | $0 |
Evans P Whitaker Trustee | Trustee | 1 | $0 |
W Scott Brandon Vice Chair, Trustee | OfficerTrustee | 1 | $0 |
Robert M Rainey Trustee | Trustee | 1 | $0 |
Franklin G Daniels Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,010,582 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,275,794 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,286,376 |
Total Program Service Revenue | $1,837,311 |
Investment income | $215,703 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $668,326 |
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 | $564,239 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,773,065 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,980,727 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $171,650 |
Payroll taxes | $156,095 |
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 | $42,713 |
Advertising and promotion | $245,374 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $27,078 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,198 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $494,068 |
Insurance | $311,063 |
All other expenses | $336,689 |
Total functional expenses | $5,194,547 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $312,426 |
Savings and temporary cash investments | $11,017,482 |
Pledges and grants receivable | $4,777,908 |
Accounts receivable, net | $853,755 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $280,509 |
Prepaid expenses and deferred charges | $190,576 |
Net Land, buildings, and equipment | $3,875,853 |
Investments—publicly traded securities | $7,804,612 |
Investments—other securities | $16,575,890 |
Investments—program-related | $0 |
Intangible assets | $7,500 |
Other assets | $14,045,413 |
Total assets | $59,741,924 |
Accounts payable and accrued expenses | $771,310 |
Grants payable | $0 |
Deferred revenue | $178,044 |
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 | $949,354 |
Net assets without donor restrictions | $33,134,579 |
Net assets with donor restrictions | $25,657,991 |
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 | $59,741,924 |