Liabilities / Assets
18th percentile
Higher debt load relative to assets than 18% of similar nonprofits.
EIN 59-0668480 • 501(c)3 • Miami, FL
Profile
Fairchild tropical botanic garden's mission is to save tropical plant diversity by exploring, explaining and conserving the world of tropical plants. Fundamental to this task is inspiring a greater knowledge and love for plants and gardening so that all can enjoy the beauty and bounty of the tropical world.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
18th percentile
Higher debt load relative to assets than 18% of similar nonprofits.
Liabilities / Revenue
22nd percentile
Higher debt load relative to revenue than 22% of similar nonprofits.
Net Margin
37th percentile
Higher net margin than 37% of similar nonprofits.
Top Officer Pay
41st percentile
Higher top officer pay than 41% of similar nonprofits.
Top officer pay equals 2.3% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
10th percentile
Faster revenue growth than 10% of similar nonprofits.
Assets
Up$51,539,256
Up $491,510 (+1.0%) from 2023
Liabilities
Up$1,469,100
Up $498,208 (+51%) from 2023
Net Assets
Down$50,070,156
Down $6,698 (-0.0%) from 2023
Revenue
Down$13,317,110
Down $3,120,664 (-19%) from 2023
Expenses
Up$13,200,558
Up $415,952 (+3.3%) from 2023
Net Income
Down$116,552
Down $3,536,616 (-97%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Mission statement: we save tropical plant diversity by exploring, explaining and conserving the world of tropical plants; fundamental to this task is inspiring a greater knowledge and love for plants and gardening so that all can enjoy the beauty and bounty of the tropical world. Fairchild tropical botanic garden is a unique scientific and cultural institution for the miami metropolitan area, the united states, and the world. It is the major botanic garden in subtropical south florida, delivering plant science information to a large and diverse audience. Its unique subtropical location, the cultural vibrancy of miami, and the international linkages of its science programs, create an institution that draws strength from the local community and from throughout the tropical world. The garden celebrates and continues the legacy of dr. David fairchild (1869-1954), the nation's foremost botanical explorer and passionate advocate for plants. Fairchild's horticulture, science, education, and o
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $30,056,569 | $33,060,144 | ▲ $3,003,575 |
| Land, Buildings, and Equipment, Net | $15,025,102 | $14,476,486 | ▼ $548,616 |
| Pledges and Grants Receivable | $2,987,695 | $2,191,771 | ▼ $795,924 |
| Cash and Non-Interest-Bearing Accounts | $2,411,877 | $873,918 | ▼ $1,537,959 |
| Prepaid Expenses and Deferred Charges | $223,858 | $201,762 | ▼ $22,096 |
| Inventories for Sale or Use | $62,139 | $91,435 | ▲ $29,296 |
| Total Assets | $51,047,746 | $51,539,256 | ▲ $491,510 |
| Other Assets Total | $280,506 | $643,740 | ▲ $363,234 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $746,818 | $758,384 | ▲ $11,566 |
| Deferred Revenue | $224,074 | $458,338 | ▲ $234,264 |
| Other Liabilities | - | $252,378 | - |
| Total Liabilities | $970,892 | $1,469,100 | ▲ $498,208 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $29,404,219 | $29,981,540 | ▲ $577,321 |
| Net Assets With Donor Restrictions | $20,672,635 | $20,088,616 | ▼ $584,019 |
| Total Net Assets Fund Balance | $50,076,854 | $50,070,156 | ▼ $6,698 |
| Total Liabilities and Net Assets / Fund Balance | $51,047,746 | $51,539,256 | ▲ $491,510 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $13,396,331 | $24,373,534 | $37,769,865 |
| Land | $625,000 | - | $625,000 |
| Equipment | $358,521 | $81,589 | $440,110 |
| Leasehold Improvements | $96,634 | $10,157 | $106,791 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2023 | $16,505,798 | $29,398 | ▲ $929,542 | - | $17,464,738 |
| 2022 | $15,894,405 | - | ▲ $611,393 | - | $16,505,798 |
| 2021 | $16,369,804 | - | ▼ $475,399 | - | $15,894,405 |
| 2020 | $16,050,723 | - | ▲ $319,081 | - | $16,369,804 |
| 2019 | $16,537,926 | - | ▼ $287,203 | $-200,000 | $16,050,723 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Nannette Zapata | Deputy Direc | FT | $301,327 | $4,119 | $305,446 |
| Nannette Zapata | Deputy Director | - | $301,327 | $4,119 | $305,446 |
| Carl Lewis | Executive Di | FT | $157,402 | $4,119 | $161,521 |
| Carl Lewis | Executive Director | - | $157,402 | $4,119 | $161,521 |
| Marina Guzman | Chief Financ | FT | $131,855 | - | $131,855 |
| Marina Guzman | Chief Financial Offi | - | $131,855 | - | $131,855 |
| Name | Title |
|---|---|
| Louis J Risi Jr | V. Chair & T |
| Bruce W Greer | President |
| Alejandro J Aguirre | Trustee |
| Alex Krys | Trustee |
| Allan Herbert | Trustee |
| Angela W Whitman | Trustee |
| Ann Ziff | Trustee |
| Anne Baddour | Trustee |
| Bruce C Matheson | Trustee |
| Bruce E Clinton | Trustee |
| Charles P Sacher | Trustee |
| Donna Hrinak | Trustee |
| Faith F Bishock | Trustee |
| James Kushlan | Trustee |
| Jana Sigars-malina Esq | Trustee |
| Jennifer Moon | Trustee |
| Jennifer Stearns Buttrick | Trustee |
| John Shubin | Trustee |
| Josh Migdal | Trustee |
| KENNETH O'KEEFE | Trustee |
| Kenneth R Graves | Trustee |
| L Jeanne Aragon | Trustee |
| Leonard L Abess Jr | Trustee |
| Lin L Lougheed | Trustee |
| Martha Clinton | Trustee |
| Nancy Batchelor | Trustee |
| Noah Valenstein | Trustee |
| Norman J Benford | Trustee |
| Richard Fain | Trustee |
| Robert M Kramer Esq | Trustee |
| Rodney Barreto | Trustee |
| Stephen Bittel | Trustee |
| Swanee Dimare | Trustee |
| Tanya a Acosta | Trustee |
| Vincent a Tria Jr | Trustee |
| Joyce J Burns | Secretary |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Epic Entertainment Group | Operations | 742 SOUTH HILL STREET, Los Angeles, CA 90014 | $753,718 |
| Iluma Agency | Marketing | 15476 NW 77TH CT, Miami Lakes, FL 33016 | $372,850 |
| Le Basque Productions | Catering | 4652 SW 74 AVE, Miami, FL 33155 | $287,824 |
| Native Landscape Service | Landscaping | 15733 SW 117 AVE, Miami, FL 33177 | $243,143 |
| Proline Consulting Group | Accounting | 255 ALHAMBRA CIRCLE, Coral Gables, FL 33134 | $183,692 |
| Line Item | Amount |
|---|---|
| Other Expenses | $8,835,289 |
| Salaries, Compensation, and Employee Benefits | $4,269,269 |
| Total Fundraising Expense | $388,779 |
| Grants and Similar Amounts Paid | $96,000 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,609,262 | $319,486 | $103,113 | $3,031,861 |
| Fees for Services Other | $2,475,028 | $382,159 | $6,708 | $2,863,895 |
| Office Expenses | $970,490 | $62,992 | $43,040 | $1,076,522 |
| Depreciation Depletion | $865,132 | $23,017 | $110,200 | $998,349 |
| Insurance | $569,660 | $112,718 | $22,674 | $705,052 |
| Current Officers, Directors, Trustees, and Key Employees | $394,507 | $45,873 | $18,349 | $458,729 |
| Conferences and Meetings | $411,082 | $25,697 | $1,176 | $437,955 |
| Other Employee Benefits | $282,528 | $32,852 | $13,141 | $328,521 |
| Payroll Taxes | $231,454 | $26,913 | $10,765 | $269,132 |
| Comp Disqual Persons | $113,395 | $13,186 | $5,274 | $131,855 |
| Travel | $73,982 | $26,515 | $2,238 | $102,735 |
| Grants to Domestic Individuals | $96,000 | - | - | $96,000 |
| All Other Expenses | $71,274 | $14,714 | $245 | $86,233 |
| Other Expenses | $41,500 | $5,897 | $24,369 | $71,766 |
| Pension Plan Contributions | $42,287 | $4,917 | $1,967 | $49,171 |
| Total Functional Expenses | $11,484,557 | $1,327,222 | $388,779 | $13,200,558 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $13,200,558 |
| Total Expenses per Audited Statements | $13,200,558 |
| Total Expenses per Form 990 | $13,200,558 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $834,471 |
| Fundraising Direct Expenses | $460,312 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Gala Program | $613,466 | $585,460 | $333,098 | $252,362 |
| Splendor in the | $250,548 | $249,011 | $127,214 | $121,797 |
| Total Events | $864,014 | $834,471 | $460,312 | $374,159 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Susannah Shubin | See Below | Consulting | No | $54,823 |
| Liability | Amount |
|---|---|
| Finance Lease Liability | $188,239 |
| Operating Lease Liability | $64,139 |
“Bruce e. Clinton martha o. Clinton trustee trustee married”
“Fairchild's independent certified public accountants prepare a draft of form 990. The draft is reviewed by management. After any changes, management meets with the treasurer of the board of trustees to review and comment on the draft. After any changes are made based on the process described above, the cfo provides a copy of the draft of the form 990 to the members of the board of trustees of the organization for their review and comments prior to filing. After any changes are made based on the review by the board of trustees, the form 990 is then finalized.”
“Policy is reviewed and discussed by board members and employees at meetings and any possible conflicts that arise are required to be disclosed.”
“Reviewed by the finance committee of the board.”
“Reviewed by the finance committee of the board.”
“Financial statements are posted on own website and are available upon request. The organization's form 990 is posted on the organization's own website and is also available upon request. Forms 1023 is available upon request.”
“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 plants for humankind, and (3) save plants for future generations. During fiscal year 2023, fairchild focused on building and diversifying its plant collections and developing new strategies for community outreach.”
“Plant introduction and horticulture- the southeastern tip of the florida peninsula has a tropical monsoonal climate unlike any other in the usa. With year-round warmth and rainy summers, fairchild can grow many of the world's most important, beautiful, unusual, and endangered tropical plants. The garden includes a rainforest, desert gardens, ponds and lakes, rare plant conservatories, a garden for native butterflies, a conservatory for exotic butterflies, a nature trail, and special sections exhibiting palms, vines, and tropical trees. Separate from its main campus, fairchild operates a plant nursery and a 20-acre tropical fruit farm. Key collections include palms, cycads, tropical fruit trees, and orchids. Beginning with expeditions led by dr. David fairchild in the 1930s and 1940s, the garden's scientists have acquired new species of tropical plants from all over the world. The best of these plants earn a permanent spot in fairchild's living collection and are shared with local gardeners and the broader horticultural community. Today, fairchild works with organizations and nations worldwide to exchange specimens and bring new plants into cultivation. Recent acquisitions include tropical desert plants, fruit trees, aquatic plants, and orchids from all parts of the tropics. Science and conservation- fairchild's living collection, herbarium, library, and laboratories support a unique set of research projects that advance knowledge of tropical plants and help save rare plants and ecosystems. A diverse team of staff, students, and volunteers collaborate on field biology, molecular research, micropropagation, and biodiversity studies. Fairchild's team is constantly teaching and learning from visitors, members, students, volunteers and the community of scientists worldwide. Current science and conservation projects include studies of orchid ecology and restoration, the evolution and classification of palms, restoration of south florida and caribbean ecosystems, the evolution of plants on tropical islands, and interactions among birds, insects, and tropical plants. Fairchild stands out among the world's botanical institutions in its high level of citizen science, having several projects that engage the broader community in addressing important questions in plant biology. Fairchild has three large citizen science programs: (1) connect to protect, distributing rare south florida native plants to local residents, businesses, and schools to increase the representation of native flora in urban landscapes and study broader ecosystem benefits; (2) million orchid project, working with students, educators, volunteers, and scientists, to study strategies for bringing south florida's native orchids back from the brink of extinction; and (3) growing beyond earth, fairchild's partnership with nasa that engages hundreds of school classrooms nationwide in research to improve plant growth and food production in space. Education: continuing education, school programs, interpretation & publications, volunteer & visitor services programs- fairchild is the region's leading source of botanical education, connecting the broader community with the world of plants and related topics in science, technology, engineering, and math (stem).the garden offers a diversity of award-winning programs for school-age students, credit and non-credit courses for university undergraduates and graduates, professional development for educators, and continuing education opportunities for adults. The award winning, interdisciplinary, environmental science competition, the fairchild challenge, is designed to engage students of diverse interests, abilities, talents, and backgrounds to explore the world of plants. Reaching over 125,000 students annually, the program has been recognized as a benchmark for exceptional stem education and for empowering prek-12th grade students to become the next generation of scientists and advocates for plants. The fairchild challenge has become a”
“Professional fees 2,475,028 382,159 6,708”
“Fairchild receives funds for two separate endowment funds: (1) fairchild endowment fund and (2) cultural endowment program fund. These funds are subject to restrictions of gift instruments requiring that the principal be invested in perpetuity, and the income be used only for the purpose of providing a future income stream for the continuity and growth of fairchild and the certainty of its programs. Income from these endowment assets is used for fairchild's general operations and classified as unrestricted investment income in the statement of activities. The fairchild endowment fund spending policy, as per corporate bylaws, allows for the use of funds for operations provided, however, that the amount does not exceed five percent of the average fair market value of this fund for the preceding twelve consecutive quarters ending on august 31st. The cultural endowment program fund spending policy allows for the use of increases in the value of this fund arising from interest, dividends and net realized gains for operating costs of fairchild incurred while engaged in programs directly related to cultural activities. The fair market value of investments in the cultural endowment program fund is and must never be less than 1,200,000.”
“The organization adopted the provision of asc no. 740. "accounting for uncertainty in income taxes" ("asc no. 740"). Asc 740 required that the impact of tax positions to be recognized in the financial statement if they are more likely than not of being sustained upon examination. Accordingly, no provision for income taxes is made in the financial statements. At 10/31/2024, there were no uncertain tax positions. The organization files tax returns with us federal and other tax authorities for which statute limitations may go back to the year end 2021.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 758384 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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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