Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $1,470,540

• 1c · Fundraising events

  $284,650

• 1d · Related organizations

  $731,417

• 1e · Government grants (contributions)

  $693,707

• 1f · All other contributions, gifts and grants

  $6,026,745

• 1g · Noncash contributions included above

  $132,990

• 2a · Program service revenue: ADMISSIONS

  total $9,398,033 · related or exempt $9,398,033

• 2b · Program service revenue: MEMBERSHIP DUES

  total $2,266,966 · related or exempt $2,266,966

• 2c · Program service revenue: GROUP SERVICES

  total $627,922 · related or exempt $627,922

• 2d · Program service revenue: EDUCATIONAL CLASSES

  total $120,350 · related or exempt $120,350

• 3 · Investment income

  total $425,202 · excluded $425,202

• 7a · Gross sales of assets other than inventory

  securities $457,985

• 7b · Less cost or other basis and sales expenses

  securities $0 · other assets $261,765

• 7c · Gain or loss

  securities $457,985 · other assets -$261,765

• 7d · Net gain or loss

  total $196,220 · excluded $196,220

• 8a · Fundraising events: gross income

  $3,044,227

• 8a · Fundraising events: contributions included on line 1c

  $284,650

• 8b · Fundraising events: direct expenses

  $1,372,915

• 8c · Net income from fundraising events

  total $1,671,312 · excluded $1,671,312

• 10a · Gross sales of inventory

  $3,250,964

• 10b · Cost of goods sold

  $515,190

• 10c · Net income from sales of inventory

  total $2,735,774 · related or exempt $2,735,774

• 11a · Other revenue: OTHER INCOME

  total $14,764 · related or exempt $14,764

• 11e · Other revenue, total

  $14,764

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $816,297 · program services $599,429 · management and general $78,514 · fundraising $138,354

• 7 · Other salaries and wages

  total $11,128,767 · program services $8,176,370 · management and general $1,077,825 · fundraising $1,874,572

• 8 · Pension plan contributions

  total $412,136 · program services $295,039 · management and general $39,620 · fundraising $77,477

• 9 · Other employee benefits

  total $1,136,813 · program services $849,909 · management and general $95,906 · fundraising $190,998

• 10 · Payroll taxes

  total $887,507 · program services $659,193 · management and general $72,516 · fundraising $155,798

• 11b · Fees: legal

  total $44,077 · management and general $44,077

• 11c · Fees: accounting

  total $51,488 · management and general $51,488

• 11g · Fees: other

  total $2,503,703 · program services $1,573,891 · management and general $47,542 · fundraising $882,270

• 12 · Advertising and promotion

  total $591,969 · program services $514,375 · management and general $38,734 · fundraising $38,860

• 13 · Office expenses

  total $1,050,922 · program services $726,687 · management and general $26,658 · fundraising $297,577

• 16 · Occupancy

  total $492,540 · program services $328,418 · management and general $13,264 · fundraising $150,858

• 17 · Travel

  total $329,689 · program services $168,369 · management and general $106,215 · fundraising $55,105

• 20 · Interest

  total $23,827 · management and general $23,827

• 22 · Depreciation, depletion and amortization

  total $1,409,683 · program services $1,212,328 · management and general $140,968 · fundraising $56,387

• 23 · Insurance

  total $362,268 · program services $311,550 · management and general $36,227 · fundraising $14,491

• 24a · Other expenses: MERCHANT AND PERMIT FEE

  total $595,155 · program services $71,048 · management and general $517,458 · fundraising $6,649

• 24b · Other expenses: HARDWARE AND SOFTWARE

  total $475,243 · program services $309,911 · management and general $43,706 · fundraising $121,626

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $369,351 · program services $324,197 · management and general $32,253 · fundraising $12,901

• 24d · Other expenses: UTILITIES

  total $322,438 · program services $275,398 · management and general $28,954 · fundraising $18,086

• 24e · All other expenses

  total $633,098 · program services $555,007 · management and general $24,634 · fundraising $53,457

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $8,541,839 · end of year $9,977,926

• 2 · Savings and temporary cash investments

  beginning of year $8,098,660 · end of year $3,971,321

• 3 · Pledges and grants receivable

  beginning of year $5,318,917 · end of year $2,758,412

• 4 · Accounts receivable

  beginning of year $171,495 · end of year $165,208

• 8 · Inventories for sale or use

  beginning of year $36,167 · end of year $24,821

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,609,752 · end of year $1,753,788

• 10a · Land, buildings and equipment: cost or other basis

  $55,786,238

• 10b · Land, buildings and equipment: accumulated depreciation

  $26,100,355

• 10c · Land, buildings and equipment, net

  beginning of year $22,766,609 · end of year $29,685,883

• 11 · Investments: publicly traded securities

  beginning of year $11,559,290 · end of year $11,313,411

• 12 · Investments: other securities

  end of year $892,396

• 14 · Intangible assets

  beginning of year $233,858 · end of year $1,360,858

• 15 · Other assets

  beginning of year $16,819,218 · end of year $19,949,903

• 17 · Accounts payable and accrued expenses

  beginning of year $2,789,391 · end of year $3,358,581

• 19 · Deferred revenue

  beginning of year $2,650,522 · end of year $2,503,763

• 24 · Unsecured notes and loans payable

  beginning of year $738,755 · end of year $631,124

• 25 · Other liabilities

  beginning of year $291,605 · end of year $158,249

• 27 · Net assets without donor restrictions

  beginning of year $37,355,570 · end of year $40,461,293

• 28 · Net assets with donor restrictions

  beginning of year $31,329,962 · end of year $34,740,917

The filer's explanations (Part III)

PART I, LINE 4B

THE GARDEN HAS A 457(B) NON-QUALIFIED DEFERRED COMPENSATION RETIREMENT PLAN (THE "NON-QUALIFIED 457(B) PLAN") COVERING THE CURRENT EXECUTIVE DIRECTOR. THE NON-QUALIFIED 457(B) PLAN PROVIDES FOR EMPLOYEE CONTRIBUTIONS. AN EMPLOYEE IS 100% VESTED IN ANY ELECTIVE CONTRIBUTIONS TO THE NON-QUALIFIED 457(B) PLAN, PLUS ANY INVESTMENT EARNINGS OR LOSSES. AT SEPTEMBER 30, 2024 AND 2023, WHILE THE GARDEN HAS SET ASIDE APPROXIMATELY $299,000 AND $231,000, RESPECTIVELY, IN A SEPARATE ACCOUNT (REPRESENTING ACCUMULATED PARTICIPANT CONTRIBUTIONS, PLUS EARNINGS THEREON), THESE FUNDS REMAIN AVAILABLE TO THE GENERAL CREDITORS OF THE GARDEN.

PART I, LINE 7

INCENTIVES ARE EARNED WHEN MEETING ORGANIZATIONAL GOALS AND ARE APPROVED BY MANAGEMENT.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• DBG AGAVE LLC

  RECEIVING AND HOLDING CONTRIBUTED INTERESTS IN REAL ESTATE. · AZ

  Directly controlled by DESERT BOTANICAL GARDEN INC