Desert Botanical Garden

“Collections include the garden's library and living plant collection, which are on display for the general public. These collection items are not capitalized by the garden. The garden's library consists of over 500 botanical periodicals and over 8,879 rare books, including floristic, ecological and horticultural works that relate to the deserts of the world. The library also includes materials on botanical illustration, plant taxonomy and nomenclature, edible and useful plants, rare and endangered plants, and desert ecology and conservation. The herbarium collection is available for use by staff, volunteers, and researchers globally. Based on an independent study conducted in 2005 by an advisor from arizona state university, a value of $20 was estimated for each unprocessed herbarium specimen and a value of $35 was estimated for each processed herbarium specimen. Adjusting these amounts in 2025 for the annual consumer price index ("cpi"), the garden estimates that the value of each unprocessed specimen is approximately $32 and the processed specimen value is approximately $56, for an estimated total of herbarium specimens in the approximate value of $5,882,000. In conformity with the practice followed by many gardens, specimens contributed to the garden are not included in the accompanying consolidated financial statements. Costs of purchasing collection items are included as a change in net assets without donor restrictions in program expense in the accompanying consolidated statements of activities and change in net assets. The garden's policy is to not dispose or otherwise sell collection items, however, should such a need arise, the garden's policy is to use the proceeds from deaccessioned collection items for the acquisition of new collection items and/or the direct care of existing collections. The garden defines direct care as an investment that enhances the life, usefulness, or quality of a garden's collections. During the years ended september 30, 2025 and 2024, purchased acquisitions and de-accessions of collection items were not significant.”

“Collections include the garden's library and living plant collection, which are on display for the general public. These collection items are not capitalized by the garden. The garden's library consists of over 500 botanical periodicals and over 8,879 rare books, including floristic, ecological and horticultural works that relate to the deserts of the world. The library also includes materials on botanical illustration, plant taxonomy and nomenclature, edible and useful plants, rare and endangered plants, and desert ecology and conservation. The herbarium collection is available for use by staff, volunteers, and researchers globally. Based on an independent study conducted in 2005 by an advisor from arizona state university, a value of $20 was estimated for each unprocessed herbarium specimen and a value of $35 was estimated for each processed herbarium specimen. Adjusting these amounts in 2025 for the annual consumer price index ("cpi"), the garden estimates that the value of each unprocessed specimen is approximately $32 and the processed specimen value is approximately $56, for an estimated total of herbarium specimens in the approximate value of $5,882,000. In conformity with the practice followed by many gardens, specimens contributed to the garden are not included in the accompanying consolidated financial statements. Costs of purchasing collection items are included as a change in net assets without donor restrictions in program expense in the accompanying consolidated statements of activities and change in net assets. The garden's policy is to not dispose or otherwise sell collection items, however, should such a need arise, the garden's policy is to use the proceeds from deaccessioned collection items for the acquisition of new collection items and/or the direct care of existing collections. The garden defines direct care as an investment that enhances the life, usefulness, or quality of a garden's collections. During the years ended september 30, 2025 and 2024, purchased acquisitions and de-accessions of collection items were not significant.”

“The garden's endowment consists of funds established for the future prosperity of the garden. The endowment includes only donor-restricted endowment funds - held in perpetuity. It is held and administered by desert botanical garden foundation, a related supporting organization.”

“Dbg and the foundation qualify as tax-exempt organizations under section 501(c)(3) of the internal revenue code ("irc") and, accordingly, there is no provision for income taxes. In addition, dbg and the foundation qualify for the charitable contribution deduction under section 170 of the irc and have been classified as organizations that are not private foundations. Dbg agave is a disregarded entity for tax purposes. Income determined to be unrelated business taxable income would be taxable. Dbg and the foundation file information returns in the u.s. Federal jurisdiction and in certain state and local jurisdictions when there is taxable income. As of september 30, 2025, u.s. Federal information returns for years ended prior to september 30, 2021 and state returns for years ended prior to september 30, 2020 were closed to assessment. Interest and penalties, if any, are accrued as a component of administration expenses when assessed. The garden accounts for uncertain tax positions in accordance with the provisions of fasb asc 740, income taxes by applying a more-likely-than-not threshold to the recognition and de-recognition of uncertain tax positions in earnings in the year of such change. The garden evaluates potential uncertain tax positions, if any, on a continual basis through review of their policies and procedures, review of their regular tax filings, and discussions with outside experts. The garden has identified its status as an exempt organization as a tax position; however, the garden has determined that such tax position does not result in an uncertainty that requires recognition.”

“Change in beneficial interest in net assets of dbg foundation 1,580,631.”

“Loss on disposal of property and equipment -37,205. Loss on settlement of promissory note -65,650.”