Fairchild Tropical Botanic Garden is located in Coral Gables, FL. The organization was established in 1937. According to its NTEE Classification (C42) the organization is classified as: Garden Clubs, under the broad grouping of Environment and related organizations. As of 10/2023, Fairchild Tropical Botanic Garden employed 101 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairchild Tropical Botanic Garden 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 10/2023, Fairchild Tropical Botanic Garden generated $16.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $12.8m during the year ending 10/2023. While expenses have increased by 3.9% per year over the past 8 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
WE HARNESS THE POWER OF PLANTS FOR HUMANKIND AND SHARE THE JOY AND BEAUTY OF TROPICAL GARDENING WITH EVERYONE. FAIRCHILD TROPICAL BOTANIC GARDEN IS A MUSEUM OF TROPICAL PLANTS WITHIN A WORLD FAMOUS, 83-ACRE DESIGNED LANDSCAPE. IT WAS ESTABLISHED IN 1936 TO HONOR THE LEGACY OF DR. DAVID FAIRCHILD, THE NATION'S FOREMOST BOTANICAL EXPLORER. THE GARDEN'S FOUNDERS ENVISIONED AN INSTITUTION THAT WOULD FOSTER SCIENTIFIC DISCOVERY WHILE INCREASING AWARENESS OF THE BEAUTY AND PLANT DIVERSITY FOUND IN THE TROPICS. TODAY, FAIRCHILD IS THE BEST PLACE IN THE CONTINENTAL USA TO SEE AND STUDY TROPICAL PLANTS. IT IS A CRITICAL EDUCATIONAL AND SCIENTIFIC RESOURCE FOR THE NATION AND THE WORLD. FAIRCHILD IS THE LARGEST BOTANICAL INSTITUTION IN THE MIAMI/SOUTH FLORIDA METROPOLITAN AREA AND AN ATTRACTION FOR VISITORS FROM ALL PARTS OF THE WORLD. IT ADVANCES, BRINGS AWARENESS TO, AND ENGAGES THE PUBLIC IN THE FIELD OF BOTANY, WHICH AIMS TO (1) UNDERSTAND PLANTS AND HOW THEY WORK, (2) MAXIMIZE THE VALUE OF P
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLANT INTRODUCTION AND HORTICULTURE- THE SOUTHEASTERN TIP OF THE FLORIDA PENINSULA HAS A TROPICAL MONSOONAL CLIMATE UNLIKE ANY OTHER IN THE USA. WITH YEAR-ROUND WARMTH AND RAINY SUMMERS, FAIRCHILD CAN GROW MANY OF THE WORLD'S MOST IMPORTANT, BEAUTIFUL, UNUSUAL, AND ENDANGERED TROPICAL PLANTS. THE GARDEN INCLUDES A RAINFOREST, DESERT GARDENS, PONDS AND LAKES, RARE PLANT CONSERVATORIES, A GARDEN FOR NATIVE BUTTERFLIES, A CONSERVATORY FOR EXOTIC BUTTERFLIES, A NATURE TRAIL, AND SPECIAL SECTIONS EXHIBITING PALMS, VINES, AND TROPICAL TREES. SEPARATE FROM ITS MAIN CAMPUS, FAIRCHILD OPERATES A PLANT NURSERY AND A 20-ACRE TROPICAL FRUIT FARM. KEY COLLECTIONS INCLUDE PALMS, CYCADS, TROPICAL FRUIT TREES, AND ORCHIDS. BEGINNING WITH EXPEDITIONS LED BY DR. DAVID FAIRCHILD IN THE 1930S AND 1940S, THE GARDEN'S SCIENTISTS HAVE ACQUIRED NEW SPECIES OF TROPICAL PLANTS FROM ALL OVER THE WORLD. THE BEST OF THESE PLANTS EARN A PERMANENT SPOT IN FAIRCHILD'S LIVING COLLECTION AND ARE SHARED WITH LOCAL GARDENERS AND THE BROADER HORTICULTURAL COMMUNITY. TODAY, FAIRCHILD WORKS WITH ORGANIZATIONS AND NATIONS WORLDWIDE TO EXCHANGE SPECIMENS AND BRING NEW PLANTS INTO CULTIVATION. RECENT ACQUISITIONS INCLUDE TROPICAL DESERT PLANTS, FRUIT TREES, AQUATIC PLANTS, AND ORCHIDS FROM ALL PARTS OF THE TROPICS. SCIENCE AND CONSERVATION- FAIRCHILD'S LIVING COLLECTION, HERBARIUM, LIBRARY, AND LABORATORIES SUPPORT A UNIQUE SET OF RESEARCH PROJECTS THAT ADVANCE KNOWLEDGE OF TROPICAL PLANTS AND HELP SAVE RARE PLANTS AND ECOSYSTEMS. A DIVERSE TEAM OF STAFF, STUDENTS, AND VOLUNTEERS COLLABORATE ON FIELD BIOLOGY, MOLECULAR RESEARCH, MICROPROPAGATION, AND BIODIVERSITY STUDIES. FAIRCHILD'S TEAM IS CONSTANTLY TEACHING AND LEARNING FROM VISITORS, MEMBERS, STUDENTS, VOLUNTEERS AND THE COMMUNITY OF SCIENTISTS WORLDWIDE. CURRENT SCIENCE AND CONSERVATION PROJECTS INCLUDE STUDIES OF ORCHID ECOLOGY AND RESTORATION, THE EVOLUTION AND CLASSIFICATION OF PALMS, RESTORATION OF SOUTH FLORIDA AND CARIBBEAN ECOSYSTEMS, THE EVOLUTION OF PLANTS ON TROPICAL ISLANDS, AND INTERACTIONS AMONG BIRDS, INSECTS, AND TROPICAL PLANTS. FAIRCHILD STANDS OUT AMONG THE WORLD'S BOTANICAL INSTITUTIONS IN ITS HIGH LEVEL OF CITIZEN SCIENCE, HAVING SEVERAL PROJECTS THAT ENGAGE THE BROADER COMMUNITY IN ADDRESSING IMPORTANT QUESTIONS IN PLANT BIOLOGY. FAIRCHILD HAS THREE LARGE CITIZEN SCIENCE PROGRAMS: (1) CONNECT TO PROTECT, DISTRIBUTING RARE SOUTH FLORIDA NATIVE PLANTS TO LOCAL RESIDENTS, BUSINESSES, AND SCHOOLS TO INCREASE THE REPRESENTATION OF NATIVE FLORA IN URBAN LANDSCAPES AND STUDY BROADER ECOSYSTEM BENEFITS; (2) MILLION ORCHID PROJECT, WORKING WITH STUDENTS, EDUCATORS, VOLUNTEERS, AND SCIENTISTS, TO STUDY STRATEGIES FOR BRINGING SOUTH FLORIDA'S NATIVE ORCHIDS BACK FROM THE BRINK OF EXTINCTION; AND (3) GROWING BEYOND EARTH, FAIRCHILD'S PARTNERSHIP WITH NASA THAT ENGAGES HUNDREDS OF SCHOOL CLASSROOMS NATIONWIDE IN RESEARCH TO IMPROVE PLANT GROWTH AND FOOD PRODUCTION IN SPACE. EDUCATION: CONTINUING EDUCATION, SCHOOL PROGRAMS, INTERPRETATION & PUBLICATIONS, VOLUNTEER & VISITOR SERVICES PROGRAMS- FAIRCHILD IS THE REGION'S LEADING SOURCE OF BOTANICAL EDUCATION, CONNECTING THE BROADER COMMUNITY WITH THE WORLD OF PLANTS AND RELATED TOPICS IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM).THE GARDEN OFFERS A DIVERSITY OF AWARD-WINNING PROGRAMS FOR SCHOOL-AGE STUDENTS, CREDIT AND NON-CREDIT COURSES FOR UNIVERSITY UNDERGRADUATES AND GRADUATES, PROFESSIONAL DEVELOPMENT FOR EDUCATORS, AND CONTINUING EDUCATION OPPORTUNITIES FOR ADULTS. THE AWARD WINNING, INTERDISCIPLINARY, ENVIRONMENTAL SCIENCE COMPETITION, THE FAIRCHILD CHALLENGE, IS DESIGNED TO ENGAGE STUDENTS OF DIVERSE INTERESTS, ABILITIES, TALENTS, AND BACKGROUNDS TO EXPLORE THE WORLD OF PLANTS. REACHING OVER 125,000 STUDENTS ANNUALLY, THE PROGRAM HAS BEEN RECOGNIZED AS A BENCHMARK FOR EXCEPTIONAL STEM EDUCATION AND FOR EMPOWERING PREK-12TH GRADE STUDENTS TO BECOME THE NEXT GENERATION OF SCIENTISTS AND ADVOCATES FOR PLANTS. THE FAIRCHILD CHALLENGE HAS BECOME A MODEL BEYOND SOUTH FLORIDA, INFLUENCING PROGRAMS NATIONALLY AND INTERNATIONALLY. FAIRCHILD'S FIELD TRIP PROGRAMS ENGAGE THOUSANDS OF STUDENTS FROM HUNDREDS OF SCHOOLS EACH YEAR. THE PROGRAMS IMMERSE YOUNG PEOPLE IN HANDS-ON ACTIVITIES AS THEY EXPERIENCE THE SCIENCE AND BEAUTY OF FAIRCHILD. DURING 2020, FAIRCHILD BEGAN OFFERING VIRTUAL FIELD TRIPS ONLINE TO LOCAL SCHOOLS AS WELL AS SCHOOLS FROM OTHER PARTS OF THE NATION AND WORLD. MORE THAN 2,000 PARTICIPANTS ATTEND FAIRCHILD'S CONTINUING EDUCATION CLASSES EACH YEAR. WITH A PORTFOLIO OF OVER 50 DIFFERENT CLASSES, TOPICS INCLUDE TROPICAL GARDENING, COOKING, ART, AND WELLNESS. SINCE 2014, FAIRCHILD HAS HOSTED BIOTECH @ RICHMOND 9-12, A PUBLIC MAGNET HIGH SCHOOL THAT ALLOWS STUDENTS TO SPECIALIZE IN BOTANY. THE ONLY PROGRAM OF ITS KIND IN THE WORLD, THE SCHOOL USES FAIRCHILD AS A VENUE FOR HANDS-ON LEARNING AND INDEPENDENT RESEARCH. COMMUNITY OUTREACH- FAIRCHILD IS A LEADING REGIONAL CULTURAL INSTITUTION AND FAVORITE VISITOR DESTINATION FOR BOTH TOURISTS AND LOCAL RESIDENTS. EVENTS SUCH AS THE INTERNATIONAL MANGO FESTIVAL, THE INTERNATIONAL ORCHID FESTIVAL, AND THE INTERNATIONAL CHOCOLATE FESTIVAL INCLUDE A STRONG EDUCATION COMPONENT. ADDITIONALLY, FAIRCHILD HORTICULTURISTS HAVE ONGOING PROJECTS IN PUBLIC SPACES THROUGHOUT MIAMI TO LABEL TROPICAL LANDSCAPE PLANTS. USING SMARTPHONE-ACCESSIBLE QR CODES, THE PLANT LABELS DELIVER PLANT INFORMATION, INCLUDING IMAGES AND VIDEOS, TO THE PUBLIC. INFRASTRUCTURE- A NEW HIGH-TECH WORK SPACE CALLED THE FAIRCHILD INNOVATION STUDIO OPENED WITHIN TWO NEWLY-RENOVATED BUILDINGS. WITH A FULL SUITE OF DIGITAL DESIGN AND FABRICATION EQUIPMENT, THE INNOVATION STUDIO ALLOWS STUDENTS AND COMMUNITY MEMBERS TO CREATE NEW TECHNOLOGY FOR GROWING FOOD PLANTS. WITH A GRANT FROM NASA, THE INNOVATION STUDIO IS COORDINATING A SERIES OF DESIGN COMPETITIONS AIMED AT DESIGNING NEW TECHNOLOGY FOR GROWING PLANTS IN SPACE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bruce W Greer President | OfficerTrustee | 26.15 | $0 |
Louis J Risi Jr V. Chair & T | OfficerTrustee | 6.31 | $0 |
Joyce J Burns Secretary | OfficerTrustee | 3.37 | $0 |
Leonard L Abess Jr Trustee | Trustee | 0.62 | $0 |
L Jeanne Aragon Trustee | Trustee | 2.12 | $0 |
Jennifer Stearns Buttrick Trustee | Trustee | 3.13 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Epic Entertainment Group Operations | 10/30/23 | $608,505 |
Le Basque Productions Catering | 10/30/23 | $345,212 |
Iluma Agency Marketing | 10/30/23 | $190,373 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,758,897 |
All other contributions, gifts, grants, and similar amounts not included above | $7,918,430 |
Noncash contributions included in lines 1a–1f | $215,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,677,327 |
Total Program Service Revenue | $4,012,142 |
Investment income | $933,543 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $626,083 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $855,008 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $333,671 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,437,774 |
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. | $456,086 |
Compensation of current officers, directors, key employees. | $36,487 |
Compensation to disqualified persons | $132,462 |
Other salaries and wages | $3,395,894 |
Pension plan accruals and contributions | $50,295 |
Other employee benefits | $392,726 |
Payroll taxes | $50,295 |
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 | $2,701,719 |
Advertising and promotion | $0 |
Office expenses | $1,233,541 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $104,211 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $120,781 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,180,255 |
Insurance | $691,554 |
All other expenses | $131,164 |
Total functional expenses | $12,784,606 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,411,877 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $2,987,695 |
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 | $62,139 |
Prepaid expenses and deferred charges | $223,858 |
Net Land, buildings, and equipment | $15,025,102 |
Investments—publicly traded securities | $30,056,569 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $280,506 |
Total assets | $51,047,746 |
Accounts payable and accrued expenses | $746,818 |
Grants payable | $0 |
Deferred revenue | $224,074 |
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 | $970,892 |
Net assets without donor restrictions | $29,404,219 |
Net assets with donor restrictions | $20,672,635 |
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 | $51,047,746 |