KEY WEST BOTANICAL GARDEN SOCIETY

EIN: 650084855 501(c)(3) Environment

KEY WEST, FL

Total Revenue
$494,914
Total Expenses
$556,101
Total Assets
$1,293,108
Net Assets
$1,264,515
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
FL
Principal Officer
Ed Cunningham
Phone
3052961504
Tax Period
2024-07-01 to 2025-06-30

KEY WEST BOTANICAL GARDEN SOCIETY, founded in 1988, is a small nonprofit in the Environment sector that reported $495K in total revenue in fiscal year 2024. Expenses of $556K exceeded revenue, resulting in a 12% operating deficit.

Mission

The purpose of this organization is to preserve, develop and expand the Key West Tropical Forest and Botanical Garden as an arboretum, botanical garden, museum, wildlife refuge, habitat and educational center for threatened, endangered and endemic species of flora and fauna, both resident and migratory, of the Florida Keys, Cuba, and the Caribbean Basin; and it shall serve as a center for the study of and research into such flora and fauna so as to encourage the conservation and promote the benefits of native plants and wildlife.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $284,158
Program Service Revenue $160,450
Investment Income $34,397
Other Revenue $15,909
TOTAL REVENUE $494,914

Expense Breakdown

Grants Paid $0
Salaries & Benefits $266,609
Fundraising Expenses $15,228
Program Expenses $337,093
Other Expenses $289,492
TOTAL EXPENSES $556,101

Year-over-Year Comparison

2024 2023 Change
Revenue $494,914 $459,813 +0.1%
Expenses $556,101 $486,944 +0.1%
Net Income $-61,187 $-27,131 +1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
13
Volunteers
70

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ed Cunningham President 2.00
Officer Director
$0 $0 $0
Audrey Thompson Secretary 1.00
Director
$0 $0 $0
Susan Beale Director 2.00
Director
$0 $0 $0
Johns Rouge Director 1.00
Director
$0 $0 $0
Mary Chandler Treasurer 2.00
Officer Director
$0 $0 $0
Rezba Richard Director 1.00
Director
$0 $0 $0
Carole Dehart Director 1.00
Director
$0 $0 $0
Joy Taylor Vice President 2.00
Officer Director
$0 $0 $0
Bernard Rasch Director 1.00
Director
$0 $0 $0
Robyn Myer Director 1.00
Director
$0 $0 $0
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
2025 $494,914 $556,101 $1,293,108 $-61,187
2024 $459,813 $486,944 $1,351,719 $-27,131
2023 $415,339 $509,068 $1,293,846 $-93,729
2022 $454,901 $476,476 $1,211,458 $-21,575
2021 $366,584 $497,004 $1,329,457 $-130,420
2020 $760,932 $568,998 $1,376,488 $191,934
2019 $444,164 $434,785 $1,109,645 $9,379
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