American Botanical Council
- Assets
- $2.8m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 18
- Location
- Austin, TX
- Founding
- 05/1990
- Data as of
- 10/2023
- EIN
- 74-2518542
Organization Overview
American Botanical Council is located in Austin, TX. The organization was established in 1990. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. As of 10/2023, American Botanical Council employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Botanical Council 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, American Botanical Council generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $2.9m during the year ending 10/2023. While expenses have increased by 3.5% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN BOTANICAL COUNCIL WAS CREATED TO PROVIDE THE PUBLIC WITH RESPONSIBLE INFORMATION ON HERBS AND MEDICINAL PLANTS.
Describe the Organization's Program Activity:
AMERICAN BOTANICAL COUNCIL (ABC) IS A NONPROFIT, MEMBER-SUPPORTED ORGANIZATION WHOSE MISSION IS TO PROVIDE EDUCATION USING SCIENCE-BASED AND TRADITIONAL INFORMATION TO PROMOTE RESPONSIBLE USE OF HERBAL MEDICINE - SERVING THE PUBLIC, RESEARCHERS, EDUCATORS, HEALTHCARE PROFESSIONALS, INDUSTRY, AND MEDIA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josef Brinkmann President | OfficerTrustee | 3 | $0 |
Bernadette M Marriott PHD Secretary | OfficerTrustee | 3 | $0 |
Holly Shimizu Treasurer | OfficerTrustee | 3 | $0 |
Michael J Balick PHD Trustee | Trustee | 3 | $0 |
Joseph M Betz PHD Trustee | Trustee | 3 | $0 |
Chris Hobbs Trustee | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Corsair M360 Inc Web Migration + It/web Consulting | 10/30/23 | $148,038 |
Fyin Llc Conversion - Web | 10/30/23 | $133,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,436,722 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,329,723 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,766,445 |
| Total Program Service Revenue | $0 |
| Investment income | $166 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $32,475 |
| 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 | -$54,621 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,009,763 |
| 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. | $405,872 |
| Compensation of current officers, directors, key employees. | $20,295 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $925,739 |
| Pension plan accruals and contributions | $20,617 |
| Other employee benefits | $127,603 |
| Payroll taxes | $92,864 |
| 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 | $377,643 |
| Advertising and promotion | $143,255 |
| Office expenses | $125,533 |
| Information technology | $214,936 |
| Royalties | $0 |
| Occupancy | $88,410 |
| Travel | $12,258 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $55,471 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $64,605 |
| Insurance | $37,027 |
| All other expenses | $23,970 |
| Total functional expenses | $2,944,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,674 |
| Savings and temporary cash investments | $1,546 |
| Pledges and grants receivable | $500,046 |
| Accounts receivable, net | $624,418 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $43,017 |
| Prepaid expenses and deferred charges | $1,320 |
| Net Land, buildings, and equipment | $1,551,434 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,723 |
| Total assets | $2,818,178 |
| Accounts payable and accrued expenses | $229,555 |
| 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 | $1,011,315 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,240,870 |
| Net assets without donor restrictions | $1,577,308 |
| Net assets with donor restrictions | $0 |
| 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 | $2,818,178 |