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Nonprofiteer
← STONECROP GARDENS INC

Form 990 for tax year 2022

Filed by STONECROP GARDENS INC.

Totals

Total revenue
$3,994,594
Total expenses
$1,854,886
Contributions and grants received
$47,680
Grants paid
$10,000
Program service revenue
$104,341
Investment income
$3,832,522
Other revenue
$10,051
Total assets, end of year
$51,639,619
Total liabilities, end of year
$150,468
Net assets or fund balances, end of year
$51,489,151
Program services expenses (Part IX)
$1,450,152
Management and general expenses
$404,734
Fundraising expenses
$0
Program service expenses (Part III)
$1,450,152

Program services were 78.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $35,430

  • 1f · All other contributions, gifts and grants

    $12,250

  • 2a · Program service revenue: GENERAL ADMISSIONS AND SALES

    total $104,341 · related or exempt $104,341

  • 3 · Investment income

    total $549,483 · unrelated business $19 · excluded $549,464

  • 6a · Gross rents

    real property $60,000

  • 6b · Less rental expenses

    real property $49,949

  • 6c · Rental income or loss

    real property $10,051

  • 6d · Net rental income or loss

    total $10,051 · excluded $10,051

  • 7a · Gross sales of assets other than inventory

    securities $13,986,236

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

    securities $10,703,197

  • 7c · Gain or loss

    securities $3,283,039

  • 7d · Net gain or loss

    total $3,283,039 · excluded $3,283,039

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,000 · program services $10,000

  • 5 · Compensation of officers, directors and key employees

    total $183,707 · program services $161,568 · management and general $22,139

  • 7 · Other salaries and wages

    total $541,216 · program services $476,864 · management and general $64,352

  • 9 · Other employee benefits

    total $94,088 · program services $80,867 · management and general $13,221

  • 10 · Payroll taxes

    total $52,022 · program services $45,553 · management and general $6,469

  • 11b · Fees: legal

    total $1,013 · management and general $1,013

  • 11c · Fees: accounting

    total $13,500 · management and general $13,500

  • 11f · Fees: investment management

    total $234,356 · management and general $234,356

  • 11g · Fees: other

    total $831 · management and general $831

  • 12 · Advertising and promotion

    total $2,347 · program services $2,347

  • 13 · Office expenses

    total $26,602 · management and general $26,602

  • 16 · Occupancy

    total $104,655 · program services $83,126 · management and general $21,529

  • 17 · Travel

    total $213 · program services $213

  • 22 · Depreciation, depletion and amortization

    total $378,431 · program services $378,431

  • 23 · Insurance

    total $48,609 · program services $48,609

  • 24a · Other expenses: MAINTENANCE AND REPAIRS

    total $65,408 · program services $65,408

  • 24b · Other expenses: PROGRAM SUPPLIES

    total $39,622 · program services $39,622

  • 24c · Other expenses: GARDEN EXPENSE

    total $28,480 · program services $28,480

  • 24d · Other expenses: MISCELLANEOUS

    total $19,765 · program services $19,765

  • 24e · All other expenses

    total $10,021 · program services $9,299 · management and general $722

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,127 · end of year $1,010

  • 2 · Savings and temporary cash investments

    beginning of year $2,062,955 · end of year $1,151,674

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,471 · end of year $11,732

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

    $12,215,049

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

    $6,976,093

  • 10c · Land, buildings and equipment, net

    beginning of year $5,568,979 · end of year $5,238,956

  • 11 · Investments: publicly traded securities

    beginning of year $33,076,612 · end of year $39,183,934

  • 12 · Investments: other securities

    beginning of year $5,109

  • 15 · Other assets

    beginning of year $20,683 · end of year $6,052,313

  • 17 · Accounts payable and accrued expenses

    beginning of year $115,959 · end of year $130,425

  • 19 · Deferred revenue

    beginning of year $23,085 · end of year $20,043

  • 27 · Net assets without donor restrictions

    beginning of year $40,603,892 · end of year $51,489,151

Mission and programs · 2022

Mission

TO UPHOLD AND DEMONSTRATE THE HIGHEST STANDARDS OF HORTICULTURAL PRACTICE AND TO PROMOTE THE USE OF SUCH STANDARDS AMONG AMATEUR AND PROFESSIONAL GARDENERS THROUGH AESTHETIC DISPLAYS AND EDUCATIONAL PROGRAMS.

  • OPERATION AND MAINTENANCE OF STONECROP GARDENS, A SERIES OF DISPLAY GARDENS LOCATED IN PHILIPSTOWN, NY OPEN TO THE PUBLIC FOR TOURS AND WORKSHOPS; SUPPORT FOR SCHOOL OF PRACTICAL HORTICULTURE WITH AN INTERNSHIP PROGRAM FOR SELECTED COLLEGE GRADUATES; AND DEVELOPMENT OF SEED LISTS FOR INTERNAL USE AS WELL AS DISSEMINATING RARE AND INTERESTING SEEDS TO THE PUBLIC.

    Expenses $1,450,152 · Grants $10,000 · Revenue $104,341

As filed on the 2022 return.

Listed in Part VII

  • F Colin Cabot

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Anne P Cabot

    VP/SEC/TREAS

    Total calculated
    $0
    Hours/week
    3

  • Jessica Galligan Goldsmith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Diane Botnick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Page Dickey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tamsin Goggin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nat Prentice

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marilyn Young

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Caroline Burgess

    EXECUTIVE DI

    Total calculated
    $128,422
    From this org
    $116,691
    From related orgs
    $0
    Other
    $11,731
    Hours/week
    40

  • Jennifer Campbell

    ASSISTANT TR

    Total calculated
    $43,505
    From this org
    $43,505
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Elisabeth Ward

    RESIGNED MAY

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
1 May 2024
IRS schema version
2022v5.0
Source object
202421289349303052

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