Myriad Gardens Foundation
- Assets
- $10.9m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 70
- Location
- Oklahoma City, OK
- Founding
- 07/1987
- Data as of
- 06/2022
- EIN
- 73-1293008
Organization Overview
Myriad Gardens Foundation, operating under the name Myriad Botanical Gardens, is located in Oklahoma City, OK. The organization was established in 1987. 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 06/2022, Myriad Botanical Gardens employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Myriad Botanical 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, Myriad Botanical Gardens generated $5.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $4.2m during the year ending 06/2022. While expenses have increased by 2.4% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE MYRIAD BOTANICAL GARDENS OF OKLAHOMA CITY BY PROVIDING FUNDING, OPERATING MANAGEMENT SUPPORT, AND INCREASING PUBLIC AWARENESS, SUPPORT AND INVOLVEMENT, AND PROMOTING THE HIGHEST POSSIBLE STANDARDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR TOP THREE PROGRAMS CONSIST OF OUR GROUNDS, HORTICULTURAL EDUCATIONAL PROGRAMS AND RECREATIONAL AND CULTURAL EVENTS. OUR 15-ACRES OF OUTDOOR GARDENS, LAWNS, WATER FEATURES, CHILDREN'S PLAYGROUND AND VISITOR LOBBY ARE FREE AND OPEN TO THE PUBLIC. THE SITE CONTAINS EXTENSIVE PLANT COLLECTIONS AND GREEN SPACES FOR EDUCATION, PLAY, RELAXATION AND INSPIRATION FOR ALL AGES TO APPRECIATE AND LEARN ABOUT PLANTS AND GARDENING. OUR YEAR-ROUND HORTICULTURAL EDUCATION PROGRAMS FOR ALL AGES INCLUDE LECTURES, HANDS-ON WORKSHOPS, OUTDOOR PLANT WALKS, AND AN ANNUAL ALL DAY GARDEN EDUCATION SYMPOSIUM. WE OFFER A SPRING NATIVE PLANT SALE, A SPRING GARDEN FESTIVAL AND A FALL TREE SALE. OUR RECREATIONAL AND CULTURAL EVENTS INCLUDE: CONCERTS, MOVIES, ART EXHIBITS, SEASONAL FAMILY FESTIVALS (BRINGING BOOKS TO LIFE AND PUMPKINVILLE), ICE SKATING, YOGA, BIKE PROGRAMS, BASKETBALL AND FUTSOL COURTS, HOLIDAY EVENTS AND ETHNIC FESTIVALS. WE ESTIMATE OVER 250,000 PARTICIPATE IN OUR YEAR-ROUND PROGRAMMING. OUR TROPICAL CONSERVATORY HAS BEEN CLOSED SINCE MAY OF 2021 FOR AN EXTENSIVE RENOVATION AND WILL REOPEN ALONG WITH A NEW GIFT SHOP IN LATE 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maureen Heffernan President / | Officer | 40 | $0 |
Chuck Davis CFO | Officer | 40 | $0 |
Debora Morey Deputy Dir/s | Officer | 32 | $0 |
J Larry Nichols Chairman | OfficerTrustee | 1 | $0 |
Chris Fleming President | OfficerTrustee | 1 | $0 |
Lindsey Brock Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Park Management Co Management Fees | 6/29/21 | $804,481 |
Adg Pc Architectural Fees | 6/29/21 | $658,647 |
Lingo Construction Services Inc Construction Services | 6/29/21 | $129,547 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $112,523 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,090,414 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,190,901 |
| Noncash contributions included in lines 1a–1f | $6,177 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,393,838 |
| Total Program Service Revenue | $654,228 |
| Investment income | $1,215 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,620 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,329 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,075,429 |
| 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 | $1,527,976 |
| Pension plan accruals and contributions | $23,828 |
| Other employee benefits | $164,599 |
| Payroll taxes | $122,013 |
| Fees for services: Management | $562,962 |
| Fees for services: Legal | $125 |
| Fees for services: Accounting | $29,611 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $240,502 |
| Advertising and promotion | $68,348 |
| Office expenses | $143,379 |
| Information technology | $65,614 |
| Royalties | $0 |
| Occupancy | $291,089 |
| Travel | $17,770 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,214 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $195,482 |
| Insurance | $41,402 |
| All other expenses | $47,541 |
| Total functional expenses | $4,150,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,171,490 |
| Savings and temporary cash investments | $1,988,391 |
| Pledges and grants receivable | $1,009,092 |
| Accounts receivable, net | $521,184 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,104 |
| Prepaid expenses and deferred charges | $3,841 |
| Net Land, buildings, and equipment | $5,728,023 |
| Investments—publicly traded securities | $442,470 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,548 |
| Total assets | $10,888,143 |
| Accounts payable and accrued expenses | $952,801 |
| Grants payable | $0 |
| Deferred revenue | $140,553 |
| 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 | $11,800 |
| Total liabilities | $1,105,154 |
| Net assets without donor restrictions | $5,953,351 |
| Net assets with donor restrictions | $3,829,638 |
| 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 | $10,888,143 |