Botanical Research Institute Of Texas Inc is located in Fort Worth, TX. The organization was established in 1988. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Botanical Research Institute Of Texas Inc employed 130 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Botanical Research Institute Of Texas Inc 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 12/2021, Botanical Research Institute Of Texas Inc generated $12.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $11.0m during the year ending 12/2021. While expenses have increased by 13.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BRIT'S MISSION IS TO CONSERVE OUR NATURAL HERITAGE BY DEEPENING OUR KNOWLEDGE OF THE PLANT WORLD AND ACHIEVING PUBLIC UNDERSTANDING OF THE VALUE PLANTS BRING TO LIFE.
Describe the Organization's Program Activity:
RESEARCH. BRIT'S RESEARCH PROGRAM IS THE FOUNDATIONAL ACTIVITY UPON WHICH THE INSTITUTE ACHIEVERS ITS MISSION. BRIT ACTS AS A CATALYST WITHIN THE SCIENTIFIC COMMUNITY TO ADDRESS GLOBALLY CHALLENGING PROBLEMS BY USING VARIOUS BOTANICAL LENSES (TAXONOMY, ECOLOGICAL/ENVIRONMENTAL, AND GENOMICS). RESEARCH CONDUCTED BY BRIT MAKES THE WORLD A BETTER PLACE, SOMETIMES DIRECTLY THROUGH IMPROVEMENTS TO LIFE AND SOMETIMES INDIRECTLY THROUGH INCREASING OUR UNDERSTANDING OF THE WORLD WHICH ALLOWS US TO BECOME MORE RESPONSIBLE CITIZENS OF THE PLANET.
EDUCATION. BRIT DEVELOPS AND PRESENTS NUMEROUS EDUCATION PROGRAMS COVERING VARIOUS TOPICS IN BOTANY, ECOLOGY AND CONSERVATION. PROGRAMS ARE PRESENTED TO VARIOUS GROUPS INCLUDING EDUCATORS, STUDENTS AND THE PUBLIC. THE BRIT SEED (SCIENCE-BASED EXPERIENTIAL EDUCATION DESIGN) SCHOOL FOR EDUCATORS INSPIRES AND SUPPORTS EDUCATORS IN CONNECTING CHILDREN TO NATURE THROUGH THE USE OF OUTDOOR CLASSROOMS, NATURE AND URBAN ENVIRONMENTS. BRIT PROVIDES CONTINUING EDUCATION OPPORTUNITIES THAT COMBINE RESEARCH-BASED BEST PRACTICES WITH HANDS-ON, REAL WORLD LEARNING THROUGH OUTDOOR INQUIRY, PLACE-BASED EDUCATION AND CULTURALLY RESPONSIVE TEACHING.
GARDEN. EFFECTIVE OCTOBER 1, 2020, THE BOTANICAL INSTITUTE OF TEXAS (BRIT) ENTERED INTO AN AGREEMENT WITH THE CITY OF FORT WORTH TO MANAGE THE FORT WORTH BOTANIC GARDEN (FWBG). FWBG IS A 110-ACRE BOTANIC GARDEN ADJACENT TO BRIT IN THE CULTURAL DISTRICT OF FORT WORTH, TEXAS. THE GARDEN IS OPEN TO THE PUBLIC AND CONTAINS VARIOUS HORTICULTURAL DISPLAYS INCLUDING A JAPANESE GARDEN AND A ROSE GARDEN. IN ADDITION TO INDIVIDUAL VISITATION, THE GARDEN IS ALSO USED FOR MANY EDUCATIONAL PROGRAMS AND SCHOOL FIELD TRIPS.
COLLECTIONS. THE CORNERSTONE OF THE BOTANICAL RESEARCH INSTITUTE OF TEXAS IS ITS HERBARIUM AND BOTANICAL LIBRARY. BRIT'S HERBARIUM, A COLLECTION OF MORE THAN ONE MILLION DRIED PLANT SPECIMENS REPRESENTING MUCH OF EARTH'S PLANT DIVERSITY, IS AMONG THE LARGEST IN THE UNITED STATES. BRIT'S COLLECTIONS-BASED RESEARCH PROVIDES INFORMATION FOR CONSERVATION PURPOSES AND IS A RESOURCE FOR RESEARCH SCIENTISTS, STUDENTS, TEACHERS, PLANT ENTHUSIASTS, GARDENERS, HOSPITALS, AND MANY OTHERS. BRIT'S PLANT COLLECTIONS AND EDUCATIONAL PROGRAMS ARE OPEN TO THE PUBLIC TO HELP FULFILL OUR MISSION TO ACHIEVE PUBLIC UNDERSTANDING OF THE VALUE THAT PLANTS BRING TO LIFE.PRESS. IN ADDITION TO THE SPECIFIC PROGRAMS DESCRIBED ON LINES 4A, 4B, AND 4C, BRIT PUBLISHES THE JOURNAL OF BOTANICAL RESEARCH OF TEXAS (JBRIT), WHICH PRESENTS RESEARCH FROM BRIT RESEARCHERS AS WELL AS LEADING RESEARCHERS FROM OTHER ORGANIZATIONS THROUGHOUT THE WORLD. BRIT ALSO PUBLISHES MONOGRAPHS AND BOTANICAL BOOKS SUCH AS THE ILLUSTRATED FLORA OF NORTH TEXAS AND THE ILLUSTRATED FLORA OF EAST TEXAS WHICH ARE LEADING WORKS IN BOTANICAL EDUCATION IN TEXAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mr Patrick Newman CEO & Executive Director | Officer | 50 | $183,941 |
Mr Robert Byers Asst. Director & VP Of Hor | Officer | 50 | $147,832 |
Dr Peter Fritsch Vice President Research & | Officer | 50 | $129,846 |
Ms Tracey Friday Vice President Of Educatio | Officer | 50 | $106,797 |
Ms Sara Richardson Vice President Of Advancement | Officer | 50 | $106,123 |
Mr Craig Hamilton Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $467,807 |
Fundraising events | $0 |
Related organizations | $2,852,985 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,011,160 |
Noncash contributions included in lines 1a–1f | $90,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,331,952 |
Total Program Service Revenue | $3,512,936 |
Investment income | $14,002 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $520,181 |
Net Gain/Loss on Asset Sales | $13,341 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $448,388 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,840,800 |
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. | $742,198 |
Compensation of current officers, directors, key employees. | $183,304 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,935,805 |
Pension plan accruals and contributions | $86,250 |
Other employee benefits | $727,387 |
Payroll taxes | $375,594 |
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 | $188,199 |
Advertising and promotion | $62,476 |
Office expenses | $0 |
Information technology | $131,533 |
Royalties | $228,113 |
Occupancy | $311,415 |
Travel | $55,568 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,201 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $90,703 |
Insurance | $128,983 |
All other expenses | $1,243,221 |
Total functional expenses | $10,977,263 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,734,223 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $300,287 |
Accounts receivable, net | $485,312 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $44,891 |
Prepaid expenses and deferred charges | $200,725 |
Net Land, buildings, and equipment | $654,721 |
Investments—publicly traded securities | $1,995,050 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,415,209 |
Accounts payable and accrued expenses | $758,074 |
Grants payable | $0 |
Deferred revenue | $454,826 |
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 | $1,212,900 |
Net assets without donor restrictions | $3,284,539 |
Net assets with donor restrictions | $1,917,770 |
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 | $6,415,209 |
Over the last fiscal year, we have identified 21 grants that Botanical Research Institute Of Texas Inc has recieved totaling $1,051,733.
Awarding Organization | Amount |
---|---|
Fort Worth Garden Club Inc Fort Worth, TX PURPOSE: DONATION TO HELP THE BEAUTIFICATION OF THE FORT WORTH BOTANIC GARDEN IN TEXAS AND TO HELP PROMOTE THE EDUCATION OF HORTICULTURE IN THE AREA. | $447,618 |
Bird Family Foundation Fort worth, TX PURPOSE: GENERAL SUPPORT | $250,000 |
Meta Alice Keith Bratten Foundation Fort Worth, TX PURPOSE: CELEBRAMOS | $75,000 |
Yamagata Foundation Fort Worth, TX PURPOSE: PROGRAM SUPPORT | $51,000 |
Adeline & George Mcqueen Foundation Of 1960 8336174700 Chicago, IL PURPOSE: GENERAL | $45,000 |
Community Foundation Of North Texas Fort Worth, TX PURPOSE: FOR FORT WORTH BOTANIC GARDEN: EXCLUSIVELY FOR ONGOING MAINTENANCE AND IMPROVEMENT OF THE ROCK SPRINGS GARDEN AREA | $28,018 |
Beg. Balance | $69,161,626 |
Earnings | $10,279,242 |
Net Contributions | $282,250 |
Other Expense | $2,852,985 |
Ending Balance | $76,870,133 |
Organization Name | Assets | Revenue |
---|---|---|
Botanical Research Institute Of Texas Inc Fort Worth, TX | $6,415,209 | $12,840,800 |
The National Center For Genome Resources Santa Fe, NM | $8,610,073 | $2,716,886 |
Three Rivers Foundation For The Arts And Sciences Inc Crowell, TX | $14,804,058 | $446,632 |
Organic Syntheses Inc Wayne State University Waco, TX | $16,450,311 | $2,161,844 |
Fossil Run Foundation Austin, TX | $0 | $0 |
American Society Of Parasitologists Inc A New Mexico Nonprofit Corpo Placitas, NM | $1,075,957 | $285,097 |
American Association Of Veterinary Parasitologists Baton Rouge, LA | $265,195 | $0 |
Peytons Project Wichita Falls, TX | $324,955 | $189,725 |
Southwestern Association Of Forensic Scientists Inc Houston, TX | $50,013 | $0 |
Southwestern Entomoligical Society Mckinney, TX | $244,913 | $0 |
Fed Is Best Foundation Little Rock, AR | $13,848 | $0 |
International Society Of Photosynthesis Research Stillwater, OK | $194,041 | $0 |