Denver Botanic Gardens Inc

“The gardens' collections, which were acquired through purchases and contributions since the gardens' inception, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired. Contributed collection items are not reflected on the combined financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. The gardens' collections consist of living plants, herbarium, a library and historical collections. The gardens' living plant and herbarium collections are made up of over 18,000 taxa of plants, 63,000 herbarium specimen sheets and 18,000 preserved and documented native mushrooms. The gardens has a library consisting of over 30,000 books, periodicals, seed and nursery catalogs, slides and pamphlets. The gardens has over 1,400 two-dimensional works of art in an array of media including photographs, lithography drawings, maps, and engravings, and 60 pieces of three-dimensional art in the form of bronze, glass and stone sculptures. Additionally, the gardens has historic buildings, tools and farm implements at its chatfield farms location. All of these collections are held for educational, research, scientific and curatorial purposes. Each of these collection items is cataloged, preserved, cared for and activities verifying their existence and assessing their condition are performed continuously. The collections are subject to a policy that requires proceeds from their sales to be used to support the gardens' collections. During 2018, deaccessioned items, primarily traded or donated to other botanical gardens, were not significant.”

“Endowment funds shall be used by denver botanic gardens for purposes set forth by the endowment donor(s). Such uses include but are not limited to horticulture, education, science or general support.”

“The gardens follows the guidance of accounting standards codification topic 820, accounting for uncertainty in income taxes. After evaluating the tax positions taken, none are considered to be uncertain; therefore, no amounts have been recognized as of december 31, 2018. If incurred, interest and penalties associated with tax positions are recorded in the period assessed in administrative costs. No interest or penalties have been assessed as of december 31, 2018.”

“Special event expenses 96,612. Rental expenses 809,175.”

“Capital projects 6,560,776.”

“Special event expenses 96,612. Rental expenses 809,175.”

“Capital projects 6,560,775.”