Marie Selby Botanical Gardens Inc
- Assets
- $77.0m
- Revenue
- $19.3m
- Investments
- $0.0
- Employees
- 111
- Location
- Sarasota, FL
- Founding
- 02/1979
- Data as of
- 06/2022
- EIN
- 59-1848965
Organization Overview
Marie Selby Botanical Gardens Inc is located in Sarasota, FL. The organization was established in 1979. 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 06/2022, Marie Selby Botanical Gardens Inc employed 111 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marie Selby Botanical 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 06/2022, Marie Selby Botanical Gardens Inc generated $19.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $7.5m during the year ending 06/2022. While expenses have increased by 6.8% 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
TO PROVIDE BAYFRONT SANCTUARIES CONNECTING PEOPLE WITH AIR PLANTS OF THE WORLD, NATIVE NATURE, AND OUR REGIONAL HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARIE SELBY BOTANICAL GARDENS PROVIDES 45 ACRES OF BAYFRONT SANCTUARIES CONNECTING PEOPLE WITH AIR PLANTS OF THE WORLD, NATIVE NATURE, AND OUR REGIONAL HISTORY. ESTABLISHED BY FORWARD THINKING WOMEN OF THEIR TIME, SELBY GARDENS IS COMPOSED OF THE 15- ACRE DOWNTOWN SARASOTA CAMPUS AND THE 30-ACRE HISTORIC SPANISH POINT CAMPUS IN THE OSPREY AREA OF SARASOTA COUNTY, FLORIDA. THE DOWNTOWN CAMPUS ON SARASOTA BAY IS THE ONLY BOTANICAL GARDEN IN THE WORLD DEDICATED TO THE DISPLAY AND STUDY OF EPIPHYTIC ORCHIDS, BROMELIADS, GESNERIADS AND FERNS, AND OTHER TROPICAL PLANTS. THERE IS A SIGNIFICANT FOCUS ON BOTANY, HORTICULTURE, EDUCATION, HISTORICAL PRESERVATION, AND THE ENVIRONMENT. THE HISTORIC SPANISH POINT (HSP) CAMPUS IS LOCATED LESS THAN 10 MILES SOUTH ALONG LITTLE SARASOTA BAY. THE HSP CAMPUS, ONE OF THE LARGEST PRESERVES SHOWCASING NATIVE FLORIDA PLANTS THAT IS INTERPRETED FOR AND OPEN TO THE PUBLIC, CELEBRATES AN ARCHAEOLOGICAL RECORD THAT ENCOMPASSES APPROXIMATELY 5,000 YEARS OF FLORIDA HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Rominiecki President & CEO | OfficerTrustee | 40 | $312,357 |
Wendy Deming Secretary & COO | Officer | 40 | $173,703 |
Michael Mclaughlin Highest Compensated Employee | 40 | $133,145 | |
Hermione Gilpin Highest Compensated Employee | 40 | $130,780 | |
Joel Morganroth Vice Chair | OfficerTrustee | 1.5 | $0 |
Marianne Mccomb Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,657,274 |
| Fundraising events | $429,872 |
| Related organizations | $0 |
| Government grants | $1,939,520 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,118,837 |
| Noncash contributions included in lines 1a–1f | $70,389 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,145,503 |
| Total Program Service Revenue | $1,987,018 |
| Investment income | $131,479 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$64,000 |
| Net Income from Fundraising Events | $250,399 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $85,420 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,275,923 |
| 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. | $472,500 |
| Compensation of current officers, directors, key employees. | $45,483 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,079,777 |
| Pension plan accruals and contributions | $45,028 |
| Other employee benefits | $324,282 |
| Payroll taxes | $256,377 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $47,088 |
| Fees for services: Accounting | $90,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,560 |
| Fees for services: Other | $481,712 |
| Advertising and promotion | $90,254 |
| Office expenses | $87,736 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $189,460 |
| Travel | $79,259 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $87 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $359,684 |
| Insurance | $295,525 |
| All other expenses | $456,487 |
| Total functional expenses | $7,525,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,699,394 |
| Pledges and grants receivable | $755,716 |
| Accounts receivable, net | $745,749 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,457,577 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $379,342 |
| Net Land, buildings, and equipment | $27,892,004 |
| Investments—publicly traded securities | $3,014,523 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,350 |
| Other assets | $8,364 |
| Total assets | $76,954,019 |
| Accounts payable and accrued expenses | $2,911,630 |
| Grants payable | $0 |
| Deferred revenue | $11,377,013 |
| Tax-exempt bond liabilities | $28,048,685 |
| 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 | $42,337,328 |
| Net assets without donor restrictions | $31,394,091 |
| Net assets with donor restrictions | $3,222,600 |
| 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 | $76,954,019 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Marie Selby Botanical Gardens Inc has recieved totaling $27,600.
| Awarding Organization | Amount |
|---|---|
Linnie E Dalbeck Memorial Foundation Sarasota, FL PURPOSE: "TIFFANY: THE PURSUIT OF BEAUTY IN NATURE" | $10,000 |
Rowan Foundation Inc Osprey, FL PURPOSE: TO HELP SUPPORT THE GARDENS, EDUCATIONAL PROGRAMS AND CONSERVATION WORK | $5,000 |
Kutya Major Foundation Sarasota, FL PURPOSE: EDUCATION SUPPORT | $5,000 |
Allyn Foundation Incorporated A Delaware Corp Hinsdale, IL PURPOSE: ENVIRONMENTAL PROGRAMS | $5,000 |
Warwick Foundation Northfield, IL PURPOSE: GENERAL FUNDS | $2,500 |
Ochsner Charitable Foundation Bolton, MA PURPOSE: DONATION TO 501 C3 | $100 |
Endowment Analysis
| Beg. Balance | $3,621,851 |
| Earnings | -$607,328 |
| Ending Balance | $3,014,523 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Naples Botanical Garden Inc Naples, FL | $57,624,895 | $16,619,674 |
Marie Selby Botanical Gardens Inc Sarasota, FL | $76,954,019 | $19,275,923 |
Ida Cason Callaway Foundation Pine Mountain, GA | $48,458,160 | $4,681,748 |
Montgomery Botancial Center Inc Miami, FL | $32,395,379 | $3,972,088 |
Mckee Botanical Garden Inc Vero Beach, FL | $16,253,485 | $2,547,624 |
Mobile Memorial Gardens Inc Mobile, AL | $10,534,972 | $2,677,981 |
Huntsville Madison County Botanical Garden Society Inc Huntsville, AL | $23,752,323 | $2,244,928 |
St Monica Gardens Inc Lauderdale Lakes, FL | $8,355,974 | $863,809 |
The Columbus Botanical Gardens Inc Columbus, GA | $8,767,934 | $815,022 |
St Josephs Garden Courts Inc Orlando, FL | $8,526,355 | $638,481 |
Peace River Botanical & Sculpture Gardens Inc Punta Gorda, FL | $498,065 | $966,093 |
Miami Beach Garden Conservancy Inc Miami Beach, FL | $1,486,518 | $1,084,571 |