Knoxville Botanical Gardens And Arboretum
- Assets
- $2.9m
- Revenue
- $600.0k
- Investments
- $0.0
- Employees
- 23
- Location
- Knoxville, TN
- Founding
- 01/2002
- Data as of
- 12/2022
- EIN
- 62-1868560
Organization Overview
Knoxville Botanical Gardens And Arboretum is located in Knoxville, TN. The organization was established in 2002. 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 12/2022, Knoxville Botanical Gardens And Arboretum employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knoxville Botanical Gardens And Arboretum 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 12/2022, Knoxville Botanical Gardens And Arboretum generated $600.0k 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 (8.2%) each year. All expenses for the organization totaled $568.3k during the year ending 12/2022. 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
KNOXVILLE BOTANICAL GARDENS AND ARBORETUM PROVIDES AND MAINTAINS GARDENS FOR THE BENEFIT AND ENJOYMENT OF THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KNOXVILLE BOTANICAL GARDENS AND ARBORETUM (KBGA) IS A 44-ACRE PUBLIC GARDEN LOCATED ON THE REMARKABLE LANDSCAPE OF THE HISTORIC HOWELL NURSERIES. KBGA IS LOCATED MINUTES FROM DOWNTOWN KNOXVILLE IN THE MIDST OF A HISTORIC URBAN NEIGHBORHOOD. KBGA IS DEVELOPING THE SITE AS A REGIONAL ATTRACTION, WHICH WILL HELP SUPPORT THE CONTINUED DEVELOPMENT OF DOWNTOWN AND SPUR THE ECONOMIC DEVELOPMENT OF EAST KNOXVILLE. THE GROUNDS ARE OPEN TO THE PUBLIC, FREE OF CHARGE, EVERY DAY OF THE YEAR. WE ESTIMATE A TOTAL OF 32,000 VISITORS DURING 2022, OF WHICH APPROXIMATELY 25% ARE OUT-OF-TOWN VISITORS. KBGA SUPPORTS LOCAL AND NON-PROFIT AND CIVIC ORGANIZATIONS BY PROVIDING ACCESS TO MEETING ROOMS ON THE PROPERY AND HAS NUMEROUS EVENTS DESIGNED TO BENEFIT THE LOCAL COMMUNITY, INCLUDING A FREE FAMILY FESTIVAL EACH FALL. KBGA ALSO PROVIDES EDUCATIONAL PROGRAMS TO STUDENTS, FAMILIES AND GROUPS. KBGA ALSO PRESERVES THE HISTORIC PLANS AND ARCHITECTURE OF THE SITE, INCLUDING RARE SPECIMENS OF TREES AND UNIQUE STONE BUILDINGS. KGBA ALSO FEATURES A COMMUNITY GARDEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Richards Executive Di | Officer | 40 | $75,522 |
Alice Allen Director | Trustee | 1 | $0 |
Fred Anderson Director | Trustee | 1 | $0 |
Joan Ashe Director | Trustee | 1 | $0 |
Linda Gay Blanc Director | Trustee | 1 | $0 |
Dara Canada Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $75,055 |
| Fundraising events | $213,770 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $182,913 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $471,738 |
| Total Program Service Revenue | $0 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $183,086 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$55,041 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $600,031 |
| 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. | $75,522 |
| Compensation of current officers, directors, key employees. | $56,642 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $213,718 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,866 |
| Payroll taxes | $21,766 |
| 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 | $9,343 |
| Advertising and promotion | $0 |
| Office expenses | $28,351 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,091 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,731 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $83,925 |
| Insurance | $26,514 |
| All other expenses | $0 |
| Total functional expenses | $568,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $315,950 |
| Savings and temporary cash investments | $0 |
| 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 | $2,425 |
| Net Land, buildings, and equipment | $2,591,648 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,910,023 |
| Accounts payable and accrued expenses | $31,210 |
| Grants payable | $0 |
| Deferred revenue | $107,982 |
| 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 | $215,111 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $354,303 |
| Net assets without donor restrictions | $2,400,604 |
| Net assets with donor restrictions | $155,116 |
| 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 | $2,910,023 |