North Carolina Arboretum Society
- Assets
- $3.7m
- Revenue
- $5.6m
- Investments
- $998.6k
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 11/1991
- Data as of
- 06/2022
- EIN
- 56-1712373
Organization Overview
North Carolina Arboretum Society is located in Asheville, NC. The organization was established in 1991. 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. North Carolina Arboretum Society 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, North Carolina Arboretum Society generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $4.9m during the year ending 06/2022. While expenses have increased by 8.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF AND FINANCIAL AND VOLUNTEER ASSISTANCE TO THE NC ARBORETUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS - PROVIDED OUTREACH AND ENGAGEMENT THROUGH ADULT AND YOUTH EDUCATION TO PROMOTE ENVIRONMENTAL SUSTAINABILITY AWARENESS AND INCREASED SCIENCE LITERACY. OFFERED GUIDED AND SELF-GUIDED PROGRAMS FOR LOCAL TEACHERS TO UTILIZE THE FOREST, STREAMS, AND GARDENS WITHIN THE ARBORETUM TO PROVIDE HANDS-ON, GRADE APPROPRIATE, INFORMATIVE OUTDOOR EXPERIENCES. MAINTAINED AN EXHIBIT DETAILING HOW CITIZENS CAN ASSIST SCIENTISTS WITH RESEARCH VIA THE CITIZENS SCIENCE PROGRAM.
WINTER LIGHTS PROGRAM - WINTER LIGHTS IS A THREE-ACRE NIGHTLY WALKING TOUR OF THE NATIONALLY KNOWN GARDENS OF THE ARBORETUM, INCLUDING ITS QUILT GARDEN AND BONSAI EXHIBITS. THE PROGRAM HAS MUSIC AND ENTERTAINMENT AS PART OF THE EXPERIENCE AND A MODEL TRAIN VILLAGE FOR VIEWING.
MEMBERSHIP - OFFERS ANNUAL MEMBERSHIPS TO SOCIETY MEMBERS, AN ANNUAL MEMBERSHIP MEETING, AND SPECIAL PROGRAMMING FOR MEMBERS. MEMBERSHIP INCOME IS PRESENTED AS CONTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Guy Clerici Chair | OfficerTrustee | 1 | $0 |
Thomas Southard Vice Chair | OfficerTrustee | 1 | $0 |
Faith Doyle Treasurer | OfficerTrustee | 1 | $0 |
Linda Martinson Secretary | OfficerTrustee | 1 | $0 |
Jess Benton Board Member | Trustee | 1 | $0 |
Rick Daley Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,237,543 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $527,207 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,047,794 |
| Noncash contributions included in lines 1a–1f | $269,367 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,812,544 |
| Total Program Service Revenue | $1,901,372 |
| Investment income | $8,583 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $151,276 |
| Net Gain/Loss on Asset Sales | $36,028 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $699,154 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,608,957 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,925 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,240 |
| Fees for services: Other | $2,872,327 |
| Advertising and promotion | $164,997 |
| Office expenses | $385,304 |
| Information technology | -$75 |
| Royalties | $0 |
| Occupancy | $121,777 |
| Travel | $28,734 |
| 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 | $206,584 |
| Insurance | $27,431 |
| All other expenses | $304,899 |
| Total functional expenses | $4,864,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,375,741 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $20,310 |
| Accounts receivable, net | $25,925 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $205,992 |
| Prepaid expenses and deferred charges | $115,891 |
| Net Land, buildings, and equipment | $953,919 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $998,585 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,770 |
| Total assets | $3,736,133 |
| Accounts payable and accrued expenses | $143,391 |
| Grants payable | $0 |
| Deferred revenue | $105,775 |
| 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 | $249,166 |
| Net assets without donor restrictions | $2,375,561 |
| Net assets with donor restrictions | $1,111,406 |
| 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 | $3,736,133 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that North Carolina Arboretum Society has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Margie Joy Foundation Inc Tampa, FL PURPOSE: PROVIDE SCHOLARSHIPS FOR DISCOVERY CAMP | $5,000 |
Endowment Analysis
| Beg. Balance | $1,122,670 |
| Earnings | -$131,095 |
| Admin Expense | $10,240 |
| Net Contributions | $25,000 |
| Other Expense | $57,750 |
| Ending Balance | $948,585 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brookgreen Gardens Pawleys Island, SC | $64,590,978 | $20,787,822 |
Norfolk Botanical Garden Inc Norfolk, VA | $43,853,620 | $16,211,583 |
Lewis Ginter Botanical Garden Inc Richmond, VA | $31,961,001 | $10,839,125 |
Ida Cason Callaway Foundation Pine Mountain, GA | $48,458,160 | $4,681,748 |
North Carolina Arboretum Society Asheville, NC | $3,736,133 | $5,608,957 |
Cape Fear Botanical Garden Fayetteville, NC | $10,170,619 | $2,345,891 |
North Carolina Botanical Garden Foundation Inc Chapel Hill, NC | $11,597,686 | $1,557,018 |
The Columbus Botanical Gardens Inc Columbus, GA | $8,767,934 | $815,022 |
Elizabethan Gardens Inc Of The Garden Club Of North Carolina Manteo, NC | $1,434,996 | $1,010,745 |
Mcintire Botanical Garden Inc Charlottesville, VA | $3,534,653 | $3,462,322 |
Magnolia Gardens Inc Norfolk, VA | $2,212,201 | $476,826 |
Lockerly Arboretum Foundation Milledgeville, GA | $10,416,258 | $921,245 |