Brooklyn Botanic Garden Corporation
- Assets
- $140.9m
- Revenue
- $28.6m
- Investments
- $3.8m
- Employees
- 274
- Location
- Brooklyn, NY
- Founding
- 05/1977
- Data as of
- 12/2021
- EIN
- 11-2417338
Organization Overview
Brooklyn Botanic Garden Corporation is located in Brooklyn, NY. The organization was established in 1977. 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 12/2021, Brooklyn Botanic Garden Corporation employed 274 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Botanic Garden Corporation 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, Brooklyn Botanic Garden Corporation generated $28.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $23.8m during the year ending 12/2021. While expenses have increased by 1.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AN URBAN BOTANIC GARDEN THAT CONNECTS PEOPLE TO THE WORLD OF PLANTS (SEE SCHEDULE O).
Describe the Organization's Program Activity:
Part 3 - Line 4a
HORTICULTURE: SEE SCHEDULE O.
MAINTENANCE: SEE SCHEDULE O.
EDUCATION AND OUTREACH PROGRAMS: SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrian Benepe President | Officer | 40 | $350,280 |
Leslie Findlen Sr. V.P. Of Inst. Adv. | 40 | $224,268 | |
Kathryn Glass Chief Of Marketing | 40 | $219,106 | |
Dorota Rashid Cfo/vp Of Finance | Officer | 40 | $207,918 |
Sonal Bhatt V.P. Of Education | 40 | $142,527 | |
Tracey Faireland V.P. Of Capital Projects | 40 | $140,794 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ventucom Llc Consulting It | 12/30/21 | $285,322 |
Elite Investigations Ltd - Ny Contract Security | 12/30/21 | $273,389 |
Ny Tent Llc Party Rental | 12/30/21 | $111,889 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,167,692 |
| Fundraising events | $884,731 |
| Related organizations | $0 |
| Government grants | $9,034,917 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,509,720 |
| Noncash contributions included in lines 1a–1f | $1,664,581 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,597,060 |
| Total Program Service Revenue | $4,737,877 |
| Investment income | $315,210 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,045,052 |
| Net Gain/Loss on Asset Sales | -$342,397 |
| Net Income from Fundraising Events | -$303,681 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $122,259 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,581,525 |
| 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. | $604,976 |
| Compensation of current officers, directors, key employees. | $71,426 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,080,750 |
| Pension plan accruals and contributions | $1,136,078 |
| Other employee benefits | $3,342,873 |
| Payroll taxes | $890,572 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $45,406 |
| Fees for services: Accounting | $70,871 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $73,500 |
| Fees for services: Investment Management | $148,758 |
| Fees for services: Other | $2,688,723 |
| Advertising and promotion | $29,065 |
| Office expenses | $240,682 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $670,479 |
| Travel | $40,194 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,326,703 |
| Insurance | $340,328 |
| All other expenses | $0 |
| Total functional expenses | $23,818,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,371,845 |
| Savings and temporary cash investments | $2,057,720 |
| Pledges and grants receivable | $3,475,849 |
| Accounts receivable, net | $2,505,339 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,185 |
| Prepaid expenses and deferred charges | $473,779 |
| Net Land, buildings, and equipment | $27,210,752 |
| Investments—publicly traded securities | $91,009,529 |
| Investments—other securities | $3,760,080 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $140,872,078 |
| Accounts payable and accrued expenses | $5,969,400 |
| Grants payable | $0 |
| Deferred revenue | $3,855 |
| 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 | $4,366,520 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,231,582 |
| Total liabilities | $25,571,357 |
| Net assets without donor restrictions | $91,562,457 |
| Net assets with donor restrictions | $23,738,264 |
| 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 | $140,872,078 |
Grants Recieved
Over the last fiscal year, we have identified 37 grants that Brooklyn Botanic Garden Corporation has recieved totaling $879,327.
| Awarding Organization | Amount |
|---|---|
Helen V Froehlich Foundation Po Box Chic, IL PURPOSE: GENERAL | $384,000 |
Bloomberg Family Foundation Inc New York, NY PURPOSE: DIGITAL PROGRAMS | $65,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $52,225 |
Emily Davie And Joseph S Kornfeld Foundation New York, NY PURPOSE: BROOKLYN BOTANIC GARDENS CHILDREN'S EDUCATION AND COMMUNITY GREENING PROGRAMS 2021 | $50,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $48,295 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: ENVIRONMENT & ANIMAL PROTECTION | $27,500 |
Endowment Analysis
| Beg. Balance | $82,281,904 |
| Earnings | $13,435,910 |
| Net Contributions | $4,844,738 |
| Other Expense | $3,528,612 |
| Ending Balance | $97,033,940 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brooklyn Botanic Garden Corporation Brooklyn, NY | $140,872,078 | $28,581,525 |
Phipps Conservatory And Botanical Gardens Inc Pittsburgh, PA | $77,535,021 | $14,561,463 |
Old Westbury Gardens Inc Old Westbury, NY | $41,739,187 | $6,489,449 |
Queens Botanical Garden Society Inc Flushing, NY | $23,726,969 | $4,515,134 |
Snug Harbor Cultural Center And Botanical Garden Staten Island, NY | $4,940,757 | $4,431,802 |
Millbrook Tribute Garden Inc Millbrook, NY | $36,945,411 | $1,089,017 |
Capital Roots Inc Troy, NY | $6,620,596 | $2,944,179 |
Martin Luther King Gardens Inc Englewood, NJ | $27,810,517 | $3,628,610 |
John J Tyler Arboretum Media, PA | $14,721,113 | $3,488,444 |
Buffalo And Erie County Botanical Gardens Society Inc Buffalo, NY | $6,939,027 | $2,632,606 |
Stonecrop Gardens Inc Cold Spring, NY | $49,205,896 | $4,104,347 |
Polly Hill Arboretum Inc West Tisbury, MA | $35,257,188 | $2,310,023 |