FAIRCHILD TROPICAL BOTANIC GARDEN INC

EIN: 590668480 501(c)(3) Environment

MIAMI, FL

Total Revenue
$13,317,110
Total Expenses
$13,200,558
Total Assets
$51,539,256
Net Assets
$50,070,156
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Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
FL
Principal Officer
CARL LEWIS
Phone
3056671651
Tax Period
2023-11-01 to 2024-10-31

FAIRCHILD TROPICAL BOTANIC GARDEN INC, founded in 1936, is a mid-sized nonprofit in the Environment sector that reported $13.3M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Net assets of $50.1M represent 45 months of operating reserves.

Mission

WE HARNESS THE POWER OF PLANTS FOR HUMANKIND AND SHARE THE JOY AND BEAUTY OF TROPICAL GARDENING WITH EVERYONE. FAIRCHILD TROPICAL BOTANIC GARDEN IS A MUSEUM OF TROPICAL PLANTS WITHIN A WORLD FAMOUS, 83-ACRE DESIGNED LANDSCAPE. IT WAS ESTABLISHED IN 1936 TO HONOR THE LEGACY OF DR. DAVID FAIRCHILD, THE NATION'S FOREMOST BOTANICAL EXPLORER. THE GARDEN'S FOUNDERS ENVISIONED AN INSTITUTION THAT WOULD FOSTER SCIENTIFIC DISCOVERY WHILE INCREASING AWARENESS OF THE BEAUTY AND PLANT DIVERSITY FOUND IN THE TROPICS. TODAY, FAIRCHILD IS THE BEST PLACE IN THE CONTINENTAL USA TO SEE AND STUDY TROPICAL PLANTS. IT IS A CRITICAL EDUCATIONAL AND SCIENTIFIC RESOURCE FOR THE NATION AND THE WORLD. FAIRCHILD IS THE LARGEST BOTANICAL INSTITUTION IN THE MIAMI/SOUTH FLORIDA METROPOLITAN AREA AND AN ATTRACTION FOR VISITORS FROM ALL PARTS OF THE WORLD. IT ADVANCES, BRINGS AWARENESS TO, AND ENGAGES THE PUBLIC IN THE FIELD OF BOTANY, WHICH AIMS TO (1) UNDERSTAND PLANTS AND HOW THEY WORK, (2) MAXIMIZE THE VALUE OF P

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,036,889
Program Service Revenue $3,570,802
Investment Income $2,006,264
Other Revenue $1,703,155
TOTAL REVENUE $13,317,110

Expense Breakdown

Grants Paid $96,000
Salaries & Benefits $4,269,269
Fundraising Expenses $388,779
Program Expenses $11,484,557
Other Expenses $8,835,289
TOTAL EXPENSES $13,200,558

Year-over-Year Comparison

2023 2022 Change
Revenue $13,317,110 $16,437,774 -0.2%
Expenses $13,200,558 $12,784,606 +0.0%
Net Income $116,552 $3,653,168 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
38
Independent Members
38
Employees
110
Volunteers
1500

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$161,521
Total Directors
36
$0
Key Employees
1
$305,446
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE W GREER PRESIDENT 26.15
Officer Director
$0 $0 $0
LOUIS J RISI JR V. CHAIR & T 6.31
Officer Director
$0 $0 $0
JOYCE J BURNS SECRETARY 3.37
Officer Director
$0 $0 $0
LEONARD L ABESS JR TRUSTEE 0.62
Director
$0 $0 $0
L JEANNE ARAGON TRUSTEE 2.12
Director
$0 $0 $0
JENNIFER STEARNS BUTTRICK TRUSTEE 3.13
Director
$0 $0 $0
ALEJANDRO J AGUIRRE TRUSTEE 2.31
Director
$0 $0 $0
ANNE BADDOUR TRUSTEE 3.37
Director
$0 $0 $0
NANCY BATCHELOR TRUSTEE 1.31
Director
$0 $0 $0
NORMAN J BENFORD TRUSTEE 1.44
Director
$0 $0 $0
FAITH F BISHOCK TRUSTEE 1.35
Director
$0 $0 $0
MARTHA CLINTON TRUSTEE 2.71
Director
$0 $0 $0
SWANEE DIMARE TRUSTEE 5.00
Director
$0 $0 $0
KENNETH R GRAVES TRUSTEE 2.02
Director
$0 $0 $0
ROBERT M KRAMER ESQ TRUSTEE 2.40
Director
$0 $0 $0
JAMES KUSHLAN TRUSTEE 1.15
Director
$0 $0 $0
LIN L LOUGHEED TRUSTEE 0.50
Director
$0 $0 $0
TANYA A ACOSTA TRUSTEE 1.00
Director
$0 $0 $0
BRUCE C MATHESON TRUSTEE 1.15
Director
$0 $0 $0
JENNIFER MOON TRUSTEE 3.02
Director
$0 $0 $0
CHARLES P SACHER TRUSTEE 1.54
Director
$0 $0 $0
JANA SIGARS-MALINA ESQ TRUSTEE 1.35
Director
$0 $0 $0
JOHN SHUBIN TRUSTEE 5.29
Director
$0 $0 $0
VINCENT A TRIA JR TRUSTEE 2.31
Director
$0 $0 $0
ANGELA W WHITMAN TRUSTEE 4.42
Director
$0 $0 $0
ANN ZIFF TRUSTEE 1.13
Director
$0 $0 $0
RODNEY BARRETO TRUSTEE 2.88
Director
$0 $0 $0
STEPHEN BITTEL TRUSTEE 3.46
Director
$0 $0 $0
BRUCE E CLINTON TRUSTEE 2.85
Director
$0 $0 $0
ALLAN HERBERT TRUSTEE 2.08
Director
$0 $0 $0
DONNA HRINAK TRUSTEE 1.35
Director
$0 $0 $0
ALEX KRYS TRUSTEE 0.40
Director
$0 $0 $0
NOAH VALENSTEIN TRUSTEE 3.56
Director
$0 $0 $0
RICHARD FAIN TRUSTEE 1.00
Director
$0 $0 $0
JOSH MIGDAL TRUSTEE 1.00
Director
$0 $0 $0
KENNETH O'KEEFE TRUSTEE 1.00
Director
$0 $0 $0
CARL LEWIS EXECUTIVE DI 40.00
Officer
$157,402 $4,119 $161,521
NANNETTE ZAPATA DEPUTY DIREC 40.00
Key Emp
$301,327 $4,119 $305,446
MARINA GUZMAN CHIEF FINANC 40.00
$131,855 $0 $131,855
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $13,317,110 $13,200,558 $51,539,256 $116,552
2023 $16,437,774 $12,784,606 $51,047,746 $3,653,168
2022 $11,583,730 $10,898,320 $46,907,344 $685,410
2022 $11,583,730 $10,898,320 $46,907,344 $685,410
2021 $9,332,557 $9,014,543 $47,329,393 $318,014
2020 $9,510,955 $8,831,107 $46,843,119 $679,848
2019 $11,579,125 $9,498,743 $46,518,959 $2,080,382
2019 $11,579,125 $9,498,743 $46,518,959 $2,080,382
2018 $7,787,096 $9,238,813 $45,432,336 $-1,451,717
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