Civic Intelligence

Brooklyn Botanic Garden Corporation

EIN 11-2417338 • 501(c)3 • Brooklyn, NY

Profile

An urban botanic garden that connects people to the world of plants (see schedule o).

1000 Washington AvenueBrooklyn, NY 11225-1008

www.bbg.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.09x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.40x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$393,327

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

81st percentile

16%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

72nd percentile

19%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$158,773,654

Up $21,628,670 (+16%) from 2023

Liabilities

Up

$14,621,967

Up $110,238 (+0.8%) from 2023

Net Assets

Up

$144,151,687

Up $21,518,432 (+18%) from 2023

Revenue

Up

$36,200,661

Up $5,696,968 (+19%) from 2023

Expenses

Up

$29,425,221

Up $1,673,960 (+6.0%) from 2023

Net Income

Up

$6,775,440

Up $4,023,008 (+146%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2010: $46,251,819Liabilities 2010: $12,810,631Net Assets 2010: $33,441,1882010Assets 2011: $59,750,113Liabilities 2011: $16,444,649Net Assets 2011: $43,305,4642011Assets 2012: $58,550,883Liabilities 2012: $17,451,729Net Assets 2012: $41,099,1542012Assets 2013: $58,999,229Liabilities 2013: $12,025,905Net Assets 2013: $46,973,3242013Assets 2014: $62,850,664Liabilities 2014: $13,281,752Net Assets 2014: $49,568,9122014Assets 2015: $93,716,704Liabilities 2015: $15,955,784Net Assets 2015: $77,760,9202015Assets 2016: $94,126,254Liabilities 2016: $18,654,605Net Assets 2016: $75,471,6492016Assets 2017: $97,014,082Liabilities 2017: $16,128,403Net Assets 2017: $80,885,6792017Assets 2018: $107,857,087Liabilities 2018: $22,659,711Net Assets 2018: $85,197,3762018Assets 2019: $113,581,995Liabilities 2019: $22,623,152Net Assets 2019: $90,958,8432019Assets 2020: $121,330,909Liabilities 2020: $24,459,297Net Assets 2020: $96,871,6122020Assets 2021: $140,872,078Liabilities 2021: $25,571,357Net Assets 2021: $115,300,7212021Assets 2022: $121,883,790Liabilities 2022: $16,898,357Net Assets 2022: $104,985,4332022Assets 2023: $137,144,984Liabilities 2023: $14,511,729Net Assets 2023: $122,633,2552023Assets 2024: $158,773,654Liabilities 2024: $14,621,967Net Assets 2024: $144,151,6872024

Highlighted filing

2024

Assets$158,773,654
Liabilities$14,621,967
Net Assets$144,151,687

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $17,297,9812010Revenue 2011: $24,384,008Expenses 2011: $17,380,830Net Income 2011: $7,003,1782011Expenses 2012: $17,680,9722012Revenue 2013: $16,716,012Expenses 2013: $17,899,085Net Income 2013: -$1,183,0732013Revenue 2014: $16,751,215Expenses 2014: $18,994,766Net Income 2014: -$2,243,5512014Revenue 2015: $49,998,904Expenses 2015: $20,766,135Net Income 2015: $29,232,7692015Revenue 2016: $21,442,462Expenses 2016: $21,285,189Net Income 2016: $157,2732016Revenue 2017: $23,692,772Expenses 2017: $22,441,961Net Income 2017: $1,250,8112017Revenue 2018: $22,328,050Expenses 2018: $23,210,853Net Income 2018: -$882,8032018Revenue 2019: $23,664,664Expenses 2019: $23,931,714Net Income 2019: -$267,0502019Revenue 2020: $20,869,967Expenses 2020: $20,988,655Net Income 2020: -$118,6882020Revenue 2021: $28,581,525Expenses 2021: $23,818,749Net Income 2021: $4,762,7762021Revenue 2022: $27,136,057Expenses 2022: $27,058,021Net Income 2022: $78,0362022Revenue 2023: $30,503,693Expenses 2023: $27,751,261Net Income 2023: $2,752,4322023Revenue 2024: $36,200,661Expenses 2024: $29,425,221Net Income 2024: $6,775,4402024

Highlighted filing

2024

Revenue$36,200,661
Expenses$29,425,221
Net Income$6,775,440

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$159$14.6$144$36.2$29.4$6.78
2023Detailed filing. Detailed filing data is available for this year.$137$14.5$123$30.5$27.8$2.75
2022Detailed filing. Detailed filing data is available for this year.$122$16.9$105$27.1$27.1$0.08
2021Detailed filing. Detailed filing data is available for this year.$141$25.6$115$28.6$23.8$4.76
2020Detailed filing. Detailed filing data is available for this year.$121$24.5$96.9$20.9$21.0$0.12
2019Detailed filing. Detailed filing data is available for this year.$114$22.6$91.0$23.7$23.9$0.27
2018Detailed filing. Detailed filing data is available for this year.$108$22.7$85.2$22.3$23.2$0.88
2017Detailed filing. Detailed filing data is available for this year.$97.0$16.1$80.9$23.7$22.4$1.25
2016Detailed filing. Detailed filing data is available for this year.$94.1$18.7$75.5$21.4$21.3$0.16
2015Detailed filing. Detailed filing data is available for this year.$93.7$16.0$77.8$50.0$20.8$29.2
2014Detailed filing. Detailed filing data is available for this year.$62.9$13.3$49.6$16.8$19.0$2.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.0$12.0$47.0$16.7$17.9$1.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.6$17.5$41.1$17.7
2011Summary only. Only limited summary data is available for this year.$59.8$16.4$43.3$24.4$17.4$7.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.3$12.8$33.4$17.3
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 30, 2025
Return Version
2024v5.2
Gross Receipts
$86,825,891
Mission and Program Overview

Mission

An urban botanic garden that connects people to the world of plants (see schedule o).

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$78,598,035$100,298,214▲ $21,700,179
Land, Buildings, and Equipment, Net$25,814,263$25,335,513▼ $478,750
Investments Other Securities$8,816,913$12,841,766▲ $4,024,853
Savings and Temporary Cash Investments$14,883,980$10,991,732▼ $3,892,248
Pledges and Grants Receivable$2,862,168$5,211,203▲ $2,349,035
Cash and Non-Interest-Bearing Accounts$5,294,918$3,504,462▼ $1,790,456
Accounts Receivable$571,071$318,770▼ $252,301
Prepaid Expenses and Deferred Charges$303,636$271,994▼ $31,642
Total Assets$137,144,984$158,773,654▲ $21,628,670
Liabilities
Other Liabilities$9,699,321$9,766,346▲ $67,025
Accounts Payable and Accrued Expenses$4,310,415$4,453,628▲ $143,213
Deferred Revenue$501,993$401,993▼ $100,000
Total Liabilities$14,511,729$14,621,967▲ $110,238
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$114,337,635$134,617,518▲ $20,279,883
Net Assets With Donor Restrictions$8,295,620$9,534,169▲ $1,238,549
Total Net Assets Fund Balance$122,633,255$144,151,687▲ $21,518,432
Total Liabilities and Net Assets / Fund Balance$137,144,984$158,773,654▲ $21,628,670

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$17,202,628$28,174,878$45,377,506
Buildings$6,210,452$3,473,446$9,683,898
Equipment$1,498,331$3,539,812$5,038,143
Other Land Buildings$424,102-$424,102
Other Securities$3,728,960--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$92,458,213$10,911,519▲ $10,918,409$889,177$113,398,964
2023$79,736,935$5,884,526▲ $7,897,548$1,060,796$92,458,213
2022$97,033,940$3,929,055▼ $19,861,396$1,364,664$79,736,935
2021$82,281,904$4,844,738▲ $13,435,910$3,528,612$97,033,940
2020$73,995,135$7,387,837▲ $7,296,578$6,397,646$82,281,904
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Adrian BenepePresidentFT$381,703$11,624$393,327
Kathryn GlassChief of Marketing and VisFT$234,327$32,483$266,810
Dorota RashidCFO, VP of FinanceFT$233,270$32,483$265,753
Leslie FindlenSenior VP of InstitutionalFT$251,795$12,372$264,167
Rowan BlaikVice President of HorticulFT$147,302$32,483$179,785
Tracey FairelandVP of Capital ProjectsFT$153,696$12,372$166,068
Sonal BhattVP of EducationFT$160,348-$160,348

Highest Paid Contractors

ContractorServicesLocationCompensation
Electric Symphony LLCEvent Production/rentalPO BOX 21940, New York, NY 10087$343,226
Brenlla LLCLegal250 PARK AVENUE 7TH FLOOR, New York, NY 10177$108,614
Revenue and Support

Revenue Composition

Contributions and Grants
$27,022,857
Program Service Revenue
$6,065,476
Investment Income
$1,018,348
Other Revenue
$2,093,980
All Other Contributions
$15,345,188
Change in Net Assets
$6,775,440

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded37$784,539Fair Market Value (FMV)
Total Noncash Contributions37$784,539-

Audited Revenue Reconciliation

Revenue per Audited Statements
$36,029,854
Revenue Not Reported on Financial Statements
$170,807
Revenue Not Reported on Form 990
$14,796,032
Other Revenue Adjustments
$11,290
Total Revenue per Audited Statements
$50,825,886
Total Revenue per Form 990
$36,200,661
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$20,734,367
Other Expenses$8,585,704
Total Fundraising Expense$1,866,246
Professional Fundraising Fees$105,150
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,952,156$1,761,328$1,055,344$13,768,828
Other Employee Benefits$3,078,496$423,532$200,920$3,702,948
Fees for Services Other$2,531,104$628,202$100,156$3,259,462
Pension Plan Contributions$1,215,390$167,210$79,323$1,461,923
Depreciation Depletion$1,307,878$120,680-$1,428,558
Payroll Taxes$949,075$130,571$61,942$1,141,588
Occupancy$646,752$48,270$2,180$697,202
Current Officers, Directors, Trustees, and Key Employees$525,838$83,713$49,529$659,080
Insurance$390,067$73,865$38,869$502,801
Office Expenses$294,276$8,051$31,715$334,042
Fees for Services Legal$11,212$170,138$38,521$219,871
Travel$143,691$26,813$37,322$207,826
Fees for Service Investment Mgmnt Fees-$159,517-$159,517
Advertising$110,352$28,621$2,638$141,611
Fees for Services Professional Fundraising--$105,150$105,150
Fees for Services Accounting-$78,000-$78,000
Other Expenses$21,894$378$460$22,732
All Other Expenses$4,800--$4,800
Information Technology$694,627$-751,649$57,022-
Total Functional Expenses$24,240,453$3,318,522$1,866,246$29,425,221

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$29,425,221
Total Expenses per Audited Statements$29,307,454
Expenses per Audited Statements$29,265,704
Expenses Not Reported on Financial Statements$159,517
Expenses Not Reported on Form 990$41,750
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$574,720
Fundraising Gross Income$145,183
Professional Fundraising Fees$105,150

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$1,095,157$105,300$93,912$11,388
Lightscape Dinner$101,478$20,665$27,943$-7,278
Total Events$1,215,853$145,183$574,720$-429,537
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Postretirement Benefits$9,766,346
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the audit committee then provided to the full board prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Conflict of interest statements are required to be signed by all officers, trustees and key employees annually, or if conflict arises. Any conflict that arises is brought in front of the audit committee for resolution.

Form 990, Part VI, Section B, Line 15

Compensation is established through the usage of an independent compensation consultant, compensation surveys/studies of comparable organizations, and approved by a board compensation committee.

Form 990, Part VI, Section C, Line 19

The garden currently provides its governing documents, conflict of interest policy and financial statements to the general public upon request. The garden posts its audited financial statements and approved irs form 990 on its website.

Filing and Contact Details

Filer

Filer Name
Brooklyn Botanic Garden Corporation
EIN
11-2417338
Phone
7186237222
Address
1000 WASHINGTON AVENUE, BROOKLYN, NY 11225-1008

Signing Officer

Name
Dorota Rashid
Title
CFO, VP of Finance
Phone
7186237222
Signed
2025-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dorota Rashid
Formed
1977
Legal Domicile
Ny
Voting Board Members
36
Independent Board Members
36
Employees
328
Volunteers
750

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
Alexander Lazzaruolo
Phone
2126617777
Supplemental Narrative

Additional Explanations

Part I - Line 1 Part III - Line 1

Brooklyn botanic garden corporation (the "garden") is an urban botanic garden that connects people to the world of plants, fostering delight and curiosity while inspiring an appreciation and sense of stewardship of the environment. In the garden, in its community, and well beyond, the garden inspires people of all ages through the conservation, display, and enjoyment of plants; with educational programs that emphasize learning by doing; and with research focused on understanding and conserving regional plants and plant communities.

Part III - Line 4A

Maintenance: the facilities department at the garden oversees the repair and maintenance of all buildings and outdoor hardscape infrastructure. The garden's infrastructure maintenance includes custodial services, fleet & grounds equipment services, irrigation, plumbing, electrical, heating, geothermal, and phone systems. Interdepartmental collaboration and contractor management for new capital and renovation projects is also a significant responsibility of the facilities department, as is support for private functions and public events.

Part III - Line 4B

Horticulture: the foundation of the garden is its world class horticulture collection featuring more than 10,000 plant species and cultivars on 52 acres. The garden protects, preserves and catalogs its living collections for the beauty they offer the public and for their horticultural, scientific, ecological and educational merit. Some of the garden's rare and world-class living plant collections include bonsai, orchids, tropical plants, cacti & succulents, warm-temperate region plants, cherries, magnolias, water lilies and native flora collection. Nestled in the heart of one of the densest urban settings in north america, these collections are laid out in the iconic landscape display gardens, many of which were the first of their kind, including the historic japanese garden, rock garden, fragrance garden, rose garden, and shakespeare garden. The garden's living collections management includes recording and keeping detailed accession, acquisition and dissemination records aligning with the scientific research programs, educational programs, and public interpretation, labels and signage. The garden welcomes approximately 850,000 visitors annually.

Part III - Line 4C

Education and outreach programs: more than 150,000 children and adults are served through a continuum of programs aimed to teach people about the science and care of plants, arouse public awareness of the fragility of our natural environment, and help the people of all our diverse urban neighborhoods to enhance the quality of their surroundings and their daily lives through the cultivation and enjoyment of plants. Programs range from supplemental science education in public schools to lectures into contact with the beauty and health benefits of nature as a vital first step to not only improving the quality of all our lives, but to help inspire current and future generations of environmental stewards.

Form 990, Part IX, Line 11G

Payroll services: program service expenses 7,508. Management and general expenses 35,942. Fundraising expenses 25,797. Total expenses 69,247. Other professional fees: program service expenses 2,523,596. Management and general expenses 592,260. Fundraising expenses 74,359. Total expenses 3,190,215.

FORM 990, PART XI, LINE 9:

Effect of post-retirement adjustments -159,488. Gross up for loss on investment in ltd. Partnerships, net 148,198.

Financial Statement Notes

PART III, LINE 4:

The brooklyn botanic garden corporation (the "garden") maintains a set of 1,280 rare books, periodicals, ephemera and manuscripts all on the subject of botany and horticulture. The collection furthers the garden's exempt purpose as it supports our mission to engage in research in plant sciences to expand human knowledge of plants, and disseminating the results to science professionals and the general public. The garden's collections, which consist of rare books and artwork, are not capitalized in the statement of financial position. Purchases of items are expensed in the year in which the items are acquired. Contributed collection items are not reflected in the financial statements.

PART V, LINE 4:

The garden's endowments consist of various individual funds established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the board of trustees. As required by accounting principles generally accepted in the united states of america, net assets associated with endowment funds, including funds designated by the garden to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. Temporarily restricted endowments include endowment funds established by donor-restricted gifts that are maintained to provide a source of income for either a specific period of time or until a specific event occurs (see sfas 117 (asc 958-205-45)), as well as all other temporarily restricted net assets held in a donor-restricted endowment, including unappropriated income from permanent endowments that is not subject to a permanent restriction. Permanent (true) endowments are endowment funds that are established by donor-restricted gifts and are maintained to provide a permanent source of income, with the stipulation that principal must be invested and kept intact in perpetuity, while only the income generated can be used by the organization. Board-designated endowments, or quasi-endowments, are endowments established by the organization itself, either from unrestricted donor or organizational funds, over which the organization itself imposes restrictions on their use, and which restrictions can be temporary or permanent in nature. See sfas 117 (asc 958-205-45). A very small portion of our permanent endowment is for the purposes of children's education and horticulture. The remaining balance is board designated endowment, which has been designated for operating growth and support.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 41,750.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Gross up of loss on investment in ltd. Partnerships, net -148,198. Effect of post-retirement adjustment 159,488.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 41,750.

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