Lan Su Chinese Garden

EIN: 931296840 501(c)(3) Environment

Portland, OR

Total Revenue
$2,888,405
Total Expenses
$3,416,811
Total Assets
$3,499,982
Net Assets
$1,483,782
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
OR
Principal Officer
ELIZABETH NYE
Phone
5032288131
Tax Period
2024-01-01 to 2024-12-31

Lan Su Chinese Garden, founded in 2000, is a community nonprofit in the Environment sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $3.4M exceeded revenue, resulting in a 18% operating deficit.

Mission

THE MISSION OF LAN SU CHINESE GARDEN IS TO CULTIVATE AN OASIS OF TRANQUIL BEAUTY AND HARMONY TO INSPIRE, ENGAGE, AND EDUCATE OUR GLOBAL COMMUNITY IN THE APPRECIATION OF A RICHLY AUTHENTIC CHINESE CULTURE.

Program Service Accomplishments

Program 1
Expenses: $758,533

MEMBERSHIP & PROGRAMMING LAN SU GARDEN OFFERS CULTURAL PROGRAMS FOR OUR VISITORS AND MEMBERS. THESE PROGRAMS ARE FREE TO VISITORS AND MEMBERS WITH A FEW SPECIAL TICKETED EVENTS. LAN SU PARTNERS WITH...

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MEMBERSHIP & PROGRAMMING LAN SU GARDEN OFFERS CULTURAL PROGRAMS FOR OUR VISITORS AND MEMBERS. THESE PROGRAMS ARE FREE TO VISITORS AND MEMBERS WITH A FEW SPECIAL TICKETED EVENTS. LAN SU PARTNERS WITH LOCAL AND REGIONAL INDIVIDUALS AND ORGANIZATIONS THAT PROVIDE OVER 800 FREE PROGRAMS IN THE GARDEN EACH YEAR. LAN SU PRODUCES SEVERAL TICKETED EVENTS EACH YEAR. THESE EVENTS INCLUDE CULTURAL PERFORMANCES, SUMMER CONCERTS, AND EVENT RECEPTIONS.THE BENEFITS OF MEMBERSHIP PROVIDE UNLIMITED DAYTIME ADMISSION FOR 12 MONTHS, NUMEROUS PROGRAMMING ACTIVITIES THROUGHOUT THE YEAR, MONTHLY MORNING AND EVENING HOURS IN THE GARDEN FOR MEMBERS ONLY, DISCOUNTS AT THE TEAHOUSE AND GARDEN SHOP AND A SUBSCRIPTION TO OUR QUARTERLY NEWSLETTER. MEMBERS ALSO RECEIVE ADVANCED PRE-SALE ACCESS FOR TICKETED EVENTS.

Program 2
Expenses: $709,330 Revenue: $1,358,126

GARDEN OPERATIONS LAN SU IS PRIMARILY A VISITOR ATTRACTION/DESTINATION, SO THE PHYSICAL ASPECT OF THE GARDEN ITSELF IS PARAMOUNT TO OUR SUCCESS. KNOWN FOR OUR BEAUTIFUL ARCHITECTURE, CAREFULLY TENDED...

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GARDEN OPERATIONS LAN SU IS PRIMARILY A VISITOR ATTRACTION/DESTINATION, SO THE PHYSICAL ASPECT OF THE GARDEN ITSELF IS PARAMOUNT TO OUR SUCCESS. KNOWN FOR OUR BEAUTIFUL ARCHITECTURE, CAREFULLY TENDED LANDSCAPES OF RARE AND CULTURALLY SIGNIFICANT PLANTS, AND OUR MISSION OF CULTURAL EDUCATION FOR ALL AGES, LAN SU REQUIRES THE DEDICATED RESOURCES OF BOTH STAFF AND BUDGET ALLOCATIONS TO MAINTAIN THE GARDEN AND STRUCTURES. ADDITIONALLY, TO PROVIDE THE MORE THAN 100,000 ANNUAL VISITORS WITH THE DEEP CULTURAL KNOWLEDGE THAT LAN SU EMBODIES, OUR 100 VOLUNTEERS ARE LED BY A VOLUNTEER DIRECTOR AND PROVIDE DAILY DOCENT LED TOURS AND WELCOME VISITORS AND MEMBERS ALIKE AT OUR FRONT ENTRANCE.

Program 3
Expenses: $582,225 Revenue: $271,691

RETAIL AND ADMISSIONS EXPENSES FOR THE RETAIL & ADMISSIONS DEPARTMENT ENCOMPASS WHOLESALE AND OPERATIONAL COSTS ASSOCIATED WITH RUNNING THE GARDEN SHOP AND ALL ADMISSIONS AND EVENT TICKETING FOR THE...

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RETAIL AND ADMISSIONS EXPENSES FOR THE RETAIL & ADMISSIONS DEPARTMENT ENCOMPASS WHOLESALE AND OPERATIONAL COSTS ASSOCIATED WITH RUNNING THE GARDEN SHOP AND ALL ADMISSIONS AND EVENT TICKETING FOR THE GARDEN DAILY. THESE EXPENSES INCLUDE STAFFING COSTS PLUS ALL THE NECESSARY EQUIPMENT AND SUPPLIES TO RUN TWO POS STATIONS AS WELL AS ONLINE AND MOBILE TICKETING PLATFORM COSTS. A BULK OF THE EXPENSES ARE ATTRIBUTED TO THE PURCHASE OF WHOLESALE MERCHANDISE FOR RETAIL SALE AND THE PAYMENT OF CONSIGNMENT FEES TO ARTISTS SELLING THROUGH OUR ROTATING EXHIBITION PROGRAM.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,043,776
Program Service Revenue $1,629,817
Investment Income $26,861
Other Revenue $187,951
TOTAL REVENUE $2,888,405

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,014,475
Fundraising Expenses $341,686
Program Expenses $2,050,088
Other Expenses $1,402,336
TOTAL EXPENSES $3,416,811

Year-over-Year Comparison

2024 2023 Change
Revenue $2,888,405 $2,381,694 +0.2%
Expenses $3,416,811 $2,883,536 +0.2%
Net Income $-528,406 $-501,842 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
70
Volunteers
96

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
5
$164,704
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH NYE Executive Dir. 40.00
Officer
$152,018 $12,686 $164,704
CHRIS NICKERSON President 1.00
Officer Director
$0 $0 $0
HELEN YING Vice President 1.00
Officer Director
$0 $0 $0
CASEY IPOCK Treasurer 1.00
Officer Director
$0 $0 $0
TED JOHNSON Secretary 1.00
Officer Director
$0 $0 $0
AILEEN LIU Director 1.00
Director
$0 $0 $0
ASHLEY FENKER Director 1.00
Director
$0 $0 $0
DAVID CHEN Director 1.00
Director
$0 $0 $0
DON JACKSON Director 1.00
Director
$0 $0 $0
HANDE BUYUKSAHIN Director 1.00
Director
$0 $0 $0
HONG MAUTZ Director 1.00
Director
$0 $0 $0
JERRY ROSETTE Director 1.00
Director
$0 $0 $0
TONY FUNG Director 1.00
Director
$0 $0 $0
WIM WIEWEL 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
2024 $2,888,405 $3,416,811 $3,499,982 $-528,406
2023 $2,381,694 $2,883,536 $3,936,102 $-501,842
2022 $3,379,956 $2,838,568 $3,797,339 $541,388
2021 $2,387,405 $1,895,181 $2,828,846 $492,224
2019 $2,319,290 $2,293,607 $1,425,014 $25,683
2018 $2,355,119 $2,216,496 $1,444,215 $138,623
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