Totals
- Total revenue
- $2,472,058
- Total expenses
- $1,208,680
- Contributions and grants received
- $235,527
- Grants paid
- $0
- Program service revenue
- $1,048,232
- Investment income
- $309,228
- Other revenue
- $879,071
- Total assets, end of year
- $36,436,618
- Total liabilities, end of year
- $3,377,140
- Net assets or fund balances, end of year
- $33,059,478
- Program services expenses (Part IX)
- $1,208,680
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,208,680
Program services were 100.0% 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.
-
1f · All other contributions, gifts and grants
$235,527
-
2a · Program service revenue: Admissions
total $1,048,232 · related or exempt $1,048,232
-
3 · Investment income
total $207,225 · excluded $207,225
-
7a · Gross sales of assets other than inventory
securities $165,359 · other assets $145,583
-
7b · Less cost or other basis and sales expenses
securities $208,247 · other assets $692
-
7c · Gain or loss
securities -$42,888 · other assets $144,891
-
7d · Net gain or loss
total $102,003 · related or exempt $102,003
-
11a · Other revenue: Equity in Income of Su
total $502,353 · excluded $502,353
-
11b · Other revenue: Miscellaneous
total $376,718 · related or exempt $376,718
-
11e · Other revenue, total
$879,071
Functional expenses
Part IX, the statement of functional expenses.
-
11g · Fees: other
total $64,759 · program services $64,759
-
12 · Advertising and promotion
total $436,941 · program services $436,941
-
17 · Travel
total $1,173 · program services $1,173
-
22 · Depreciation, depletion and amortization
total $586,043 · program services $586,043
-
23 · Insurance
total $35,761 · program services $35,761
-
24a · Other expenses: UBIT
total $48,714 · program services $48,714
-
24b · Other expenses: Miscellaneous
total $30,645 · program services $30,645
-
24c · Other expenses: Taxes and Licenses
total $4,518 · program services $4,518
-
24d · Other expenses: Bank Service Charges
total $126 · program services $126
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,242,385 · end of year $2,443,253
-
4 · Accounts receivable
beginning of year $350,247 · end of year $238,269
-
9 · Prepaid expenses and deferred charges
beginning of year $14,808 · end of year $12,093
-
10a · Land, buildings and equipment: cost or other basis
$36,645,942
-
10b · Land, buildings and equipment: accumulated depreciation
$27,056,263
-
10c · Land, buildings and equipment, net
beginning of year $10,029,729 · end of year $9,589,679
-
11 · Investments: publicly traded securities
beginning of year $3,606,061 · end of year $4,397,116
-
12 · Investments: other securities
beginning of year $19,435,478 · end of year $19,671,954
-
15 · Other assets
beginning of year $0 · end of year $84,254
-
17 · Accounts payable and accrued expenses
beginning of year $2,324,092 · end of year $381,776
-
19 · Deferred revenue
beginning of year $3,013,975 · end of year $2,995,364
-
27 · Net assets without donor restrictions
beginning of year $16,252,673 · end of year $17,825,701
-
28 · Net assets with donor restrictions
beginning of year $15,087,968 · end of year $15,233,777
Mission and programs · 2023
Mission
Connecting man and nature in a way that respects both.
Activities or mission (Part I)
Connecting man and nature in a way that respects both man and nature.
-
The purpose of the Foundation is to engage in charitible, religious, educational & eleemosynary work to promote and operate organizations for the physical, moral, social and religious betterment of mankind. During 2023, admissions income is collected by a third party company that purchased substantially all of the operations of the Foundation in 2022 and remits a "lease" payment to the Foundation based on an agreed formula related to admissions to the Gardens that the Foundation owns.
Expenses $1,208,680 · Revenue $1,526,953
As filed on the 2023 return.
Listed in Part VII
-
Jane Cooper
Chairman of the Board
- Total calculated
- $0
- Hours/week
- 1
-
Katherine Wilson
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Chris Herschend
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Garland Horton
President
- Total calculated
- $0
- Hours/week
- 1
-
Douglas Rutledge
Treasuer
- Total calculated
- $0
- Hours/week
- 1
-
Mason Lampton
Trustee
- 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
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
Callaway Gardens Resort Inc
C · Lodging and restaurant · GA · 100% owned · share of income $413,703 · share of assets $17,053,660
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 29 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541199349301534
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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