Moody Gardens Inc
- Assets
- $74.2m
- Revenue
- $64.6m
- Investments
- $29.3m
- Employees
- 0
- Location
- Galveston, TX
- Founding
- 12/1989
- Data as of
- 09/2023
- EIN
- 76-0288131
Organization Overview
Moody Gardens Inc is located in Galveston, TX. The organization was established in 1989. According to its NTEE Classification (C41) the organization is classified as: Botanical Gardens & Arboreta, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moody Gardens 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 09/2023, Moody Gardens Inc generated $64.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $64.1m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Moody Gardens Inc has awarded 28 individual grants totaling $66,813,168. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION/MAINTENANCE/RENOVATION OF FACILITIES AT MOODY GARDENS FOR THE PARK BOARD OF TRUSTEES.
OPERATION OF PUBLIC FACILITIES AT MOODY GARDENS FOR THE PARK BOARD OF TRUSTEES.
OPERATION OF THE GOLF COURSE FOR THE CITY OF GALVESTON
CONSTRUCTION/MAINTENANCE/RENOVATION FOR THE GOLF COURSE FOR THE CITY OF GALVESTON.
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 |
|---|---|---|---|
E Douglas Mcleod Chairman/director | 1 | $20,500 | |
Luis R Hernandez Vp/director/audit Comm Chair | 1 | $18,050 | |
John Ippolito Director/secretary | 1 | $19,300 | |
John Zendt President/director | 40 | $380,567 | |
Allan Matthews Director | 1 | $18,650 | |
Kathy Lebrun Cfo/treasurer | 40 | $120,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pannell Kerr Forster Of Texas Pc | 9/29/23 | $109,322 |
Cyndi Rusnak Pllc | 9/29/23 | $137,391 |
Galveston Veterinary Clinic | 9/29/23 | $78,570 |
Pannell Kerr Forster Of Texas P C | 9/29/23 | $0 |
Paycom | 9/29/23 | $162,618 |
Cyndi Rusnak Pllc | 9/29/23 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $149,564 |
| Interest on Savings | $149,682 |
| Dividends & Interest | $793,703 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,410,260 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $64,218,782 |
| Other Income | $686,956 |
| Total Revenue | $64,588,427 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $577,067 |
| Other employee salaries and wages | $8,165,879 |
| Pension plans, employee benefits | $318,908 |
| Interest | $0 |
| Taxes | $1,722,950 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49,318,382 |
| Total operating and administrative expenses | $60,498,732 |
| Contributions, gifts, grants paid | $3,635,093 |
| Total expenses and disbursements | $64,133,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,500 |
| Savings and temporary cash investments | $11,470,154 |
| Net Accounts receivable | $470,149 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $878,560 |
| Prepaid expenses and deferred charges | $4,419,846 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $29,279,102 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $27,636,540 |
| Total assets | $74,235,851 |
| Accounts payable and accrued expenses | $2,758,223 |
| Grants payable | $75,436 |
| Deferred revenue | $2,499,138 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $11,299,997 |
| Total liabilities | $16,632,794 |
Grants Awarded
Over the last fiscal year, Moody Gardens Inc has awarded $3,635,093 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF GALVESTON PURPOSE: RENOVATION OF THE GOLF COURSE AT MOODY GARDENS | $249,416 |
PARK BOARD OF TRUSTEES OF THE CITY OF GALVESTON PURPOSE: CONSTRUCTION/MAINTENANCE/RENOVATION OF FACILITIES AT MOODY GARDENS | $3,385,677 |