Civic Intelligence

Ann Norton Sculpture Gardens Inc

EIN 59-1874060 • 501(c)3 • West Palm Bch, FL

West Palm Bch, FL
Siviq Scores

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

Liabilities / Assets

27th percentile

0.02x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.10x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

65th percentile

12%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

38th percentile

0.5%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-30%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,877,799

Up $29,909 (+0.5%) from 2023

Liabilities

Down

$131,413

Down $136,231 (-51%) from 2023

Net Assets

Up

$5,746,386

Up $166,140 (+3.0%) from 2023

Revenue

Down

$1,350,386

Down $577,605 (-30%) from 2023

Expenses

Up

$1,184,729

Up $287,301 (+32%) from 2023

Net Income

Down

$165,657

Down $864,906 (-84%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2017: $2,645,541Liabilities 2017: $108,272Net Assets 2017: $2,537,2692017Assets 2018: $2,450,649Liabilities 2018: $20,495Net Assets 2018: $2,430,1542018Assets 2019: $2,590,254Liabilities 2019: $83,061Net Assets 2019: $2,507,1932019Assets 2020: $3,120,829Liabilities 2020: $149,719Net Assets 2020: $2,971,1102020Assets 2021: $3,677,115Liabilities 2021: $110,587Net Assets 2021: $3,566,5282021Assets 2022: $4,892,273Liabilities 2022: $356,665Net Assets 2022: $4,535,6082022Assets 2023: $5,847,890Liabilities 2023: $267,644Net Assets 2023: $5,580,2462023Assets 2024: $5,877,799Liabilities 2024: $131,413Net Assets 2024: $5,746,3862024

Highlighted filing

2024

Assets$5,877,799
Liabilities$131,413
Net Assets$5,746,386

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2017: $1,047,120Expenses 2017: $1,028,089Net Income 2017: $19,0312017Revenue 2018: $461,581Expenses 2018: $568,505Net Income 2018: -$106,9242018Revenue 2019: $873,576Expenses 2019: $796,621Net Income 2019: $76,9552019Revenue 2020: $1,370,446Expenses 2020: $906,515Net Income 2020: $463,9312020Revenue 2021: $1,111,489Expenses 2021: $516,071Net Income 2021: $595,4182021Revenue 2022: $1,857,308Expenses 2022: $834,073Net Income 2022: $1,023,2352022Revenue 2023: $1,927,991Expenses 2023: $897,428Net Income 2023: $1,030,5632023Revenue 2024: $1,350,386Expenses 2024: $1,184,729Net Income 2024: $165,6572024

Highlighted filing

2024

Revenue$1,350,386
Expenses$1,184,729
Net Income$165,657

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 8, 2025
Return Version
2023v6.0
Gross Receipts
$1,501,851
Mission and Program Overview

Mission

Ann norton sculpture gardens, inc. (the organization) is a not-for-profit corporation founded in 1977. The organization was organized to create an educational museum, maintain an outdoor park for wildlife and art, and to provide a setting for the display of the sculptures and other works of ann norton. The organization also provides for tours, symposia and exhibitions to the public.

The ann norton sculpture gardens mission is to enrich lives with nature, art and history.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,196,665$3,561,772▲ $365,107
Investments Program Related$1,727,420$1,727,420→ $0
Investments in Publicly Traded Securities$406,113$285,287▼ $120,826
Pledges and Grants Receivable$95,190$162,062▲ $66,872
Savings and Temporary Cash Investments$266,764$50,837▼ $215,927
Inventories for Sale or Use$23,671$26,891▲ $3,220
Accounts Receivable$14,000$0▼ $14,000
Cash and Non-Interest-Bearing Accounts$61,567$7,030▼ $54,537
Total Assets$5,847,890$5,877,799▲ $29,909
Other Assets Total$56,500$56,500→ $0
Liabilities
Other Liabilities$194,185$0▼ $194,185
Deferred Revenue$65,579$81,826▲ $16,247
Accounts Payable and Accrued Expenses$7,880$49,587▲ $41,707
Total Liabilities$267,644$131,413▼ $136,231
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,682,634$3,947,045▲ $264,411
Net Assets With Donor Restrictions$1,897,612$1,799,341▼ $98,271
Total Net Assets Fund Balance$5,580,246$5,746,386▲ $166,140
Total Liabilities and Net Assets / Fund Balance$5,847,890$5,877,799▲ $29,909

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,658,039$512,279$3,170,318
Buildings$385,342$79,005$464,347
Land$416,671-$416,671
Other Land Buildings$100,566-$100,566
Equipment$1,154$31,058$32,212
Investment Program Related Org$1,727,420--
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$1,080,050
Program Service Revenue
$318,536
Investment Income
$17,958
Other Revenue
$-66,158
All Other Contributions
$658,488
Change in Net Assets
$165,657

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,346,286
Revenue Not Reported on Financial Statements
$4,100
Revenue Not Reported on Form 990
$483
Total Revenue per Audited Statements
$1,346,769
Total Revenue per Form 990
$1,350,386
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$977,488
Salaries, Compensation, and Employee Benefits$207,241
Total Fundraising Expense$91,885
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$118,461$26,183$34,911$179,555
Other Salaries and Wages$130,238$26,048$17,365$173,651
Office Expenses$100,546$22,264$21,672$144,482
Occupancy$118,277$6,571$6,571$131,419
Depreciation Depletion$86,556$3,840$3,840$94,236
Insurance$66,063$2,599$2,599$71,261
Other Expenses$60,919--$60,919
Other Employee Benefits$15,788$3,157$2,105$21,050
Fees for Services Accounting-$14,800-$14,800
Payroll Taxes$9,405$1,881$1,254$12,540
Information Technology$7,273$1,611$1,568$10,452
Fees for Service Investment Mgmnt Fees-$4,100-$4,100
Fees for Services Other-$1,422-$1,422
Total Functional Expenses$978,368$114,476$91,885$1,184,729

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,184,729
Expenses per Audited Statements$1,180,629
Total Expenses per Audited Statements$1,180,629
Expenses Not Reported on Financial Statements$4,100
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$127,818
Fundraising Gross Income$47,648
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Garden Conservancy Event$163,750$30,250$78,366$-48,116
Sculpture in Motion$114,597$9,597$45,168$-35,571
Total Events$286,148$47,648$127,818$-80,170
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 board of trustees has authorized an officer of the board as well as the executive director to review, approve, and file form 990 on behalf of the board of trustees. The board of trustees will be supplied with a copy of form 990 at a subsequent board meeting.

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

Reviewed at board meetings.

Form 990, Part VI, Section B, Line 15A

The organization's executive committee reviews and approves the compensation and benefits of the executive director.

Form 990, Part VI, Section C, Line 18

After the form 990 is filed, the form is made available upon request.

Form 990, Part VI, Section C, Line 19

Made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ann Norton Sculpture Gardens Inc
EIN
59-1874060
Phone
5618325328
Address
253 BARCELONA ROAD, WEST PALM BEACH, FL 33401

Signing Officer

Name
Margaret Horgan
Title
Executive Director
Phone
5618325328
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Horgan
Formed
1977
Legal Domicile
Fl
Voting Board Members
21
Independent Board Members
21
Employees
4
Volunteers
35

Preparer

Firm
Templeton & Company Llp
Address
222 LAKEVIEW AVENUE SUITE 1200, WEST PALM BEACH, FL 33401
Preparer
Walt Maxwell
Phone
5617989988
Supplemental Narrative

Additional Explanations

Form 990, Page XII, Line 2C

The organization's oversight policy has not changed.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal and state income taxes under internal revenue code section 501(c)(3). Accordingly, no provision for income taxes has been recorded in the financial statements. The organization is required to operate in conformity with the provisions of the internal revenue code to maintain its exempt status. Management analyzes tax positions in jurisdictions where it is required to file income tax returns. Based on its evaluation, management did not identify any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease. Interest and penalties attributable to income taxes, if any, are included in operating expenses. No such interest or penalties were recorded for the year ended june 30, 2024. The organization is no longer subject to income tax examinations for years prior to 2021.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECOND VICE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
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IRS990/ReportProgramRelatedInvstInd01
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