Skip to content
Nonprofiteer
← MARIE SELBY BOTANICAL GARDENS INC

Form 990 for tax year 2024

Filed by MARIE SELBY BOTANICAL GARDENS INC.

Totals

Total revenue
$17,573,787
Total expenses
$14,852,725
Contributions and grants received
$11,762,020
Grants paid
$0
Program service revenue
$2,532,501
Investment income
$793,819
Other revenue
$2,485,447
Total assets, end of year
$110,755,908
Total liabilities, end of year
$43,138,410
Net assets or fund balances, end of year
$67,617,498
Program services expenses (Part IX)
$11,631,320
Management and general expenses
$1,902,940
Fundraising expenses
$1,318,465
Program service expenses (Part III)
$11,631,320

Program services were 78.3% 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

    $2,980,398

  • 1c · Fundraising events

    $534,269

  • 1e · Government grants (contributions)

    $95,925

  • 1f · All other contributions, gifts and grants

    $8,151,428

  • 1g · Noncash contributions included above

    $21,370

  • 2a · Program service revenue: Admissions

    total $2,449,496 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Community Programs

    total $80,284 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Scientific Publications

    total $2,721 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $644,663 · unrelated business $0 · excluded $644,663

  • 7a · Gross sales of assets other than inventory

    securities $10,408,529

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

    securities $10,259,373

  • 7c · Gain or loss

    securities $149,156

  • 7d · Net gain or loss

    total $149,156 · related or exempt $0 · unrelated business $0 · excluded $149,156

  • 8a · Fundraising events: gross income

    $2,518,924

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

    $534,269

  • 8b · Fundraising events: direct expenses

    $1,319,253

  • 8c · Net income from fundraising events

    total $1,199,671 · unrelated business $0 · excluded $1,199,671

  • 10a · Gross sales of inventory

    $153,569

  • 10b · Cost of goods sold

    $82,783

  • 10c · Net income from sales of inventory

    total $70,786 · related or exempt $70,786

  • 11a · Other revenue: Private Events Income

    total $410,073 · related or exempt $410,073 · unrelated business $0 · excluded $0

  • 11b · Other revenue: Commissions

    total $711,802 · related or exempt $0 · unrelated business $0 · excluded $711,802

  • 11c · Other revenue: Other Revenue

    total $93,115 · related or exempt $0 · unrelated business $0 · excluded $93,115

  • 11e · Other revenue, total

    $1,214,990

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $613,500 · program services $463,613 · management and general $72,689 · fundraising $77,198

  • 7 · Other salaries and wages

    total $4,217,108 · program services $3,186,809 · management and general $499,655 · fundraising $530,644

  • 8 · Pension plan contributions

    total $70,370 · program services $49,624 · management and general $12,970 · fundraising $7,776

  • 9 · Other employee benefits

    total $491,418 · program services $405,505 · management and general $29,500 · fundraising $56,413

  • 10 · Payroll taxes

    total $343,400 · program services $264,882 · management and general $35,499 · fundraising $43,019

  • 11b · Fees: legal

    total $18,026 · program services $13,812 · management and general $3,073 · fundraising $1,141

  • 11c · Fees: accounting

    total $132,012 · program services $101,151 · management and general $22,505 · fundraising $8,356

  • 11f · Fees: investment management

    total $40,263 · program services $30,850 · management and general $6,864 · fundraising $2,549

  • 11g · Fees: other

    total $857,002 · program services $656,666 · management and general $146,092 · fundraising $54,244

  • 12 · Advertising and promotion

    total $115,688 · program services $88,590 · management and general $15,610 · fundraising $11,488

  • 13 · Office expenses

    total $121,662 · program services $100,913 · management and general $14,068 · fundraising $6,681

  • 16 · Occupancy

    total $293,510 · program services $261,273 · management and general $27,450 · fundraising $4,787

  • 17 · Travel

    total $171,972 · program services $110,759 · management and general $39,455 · fundraising $21,758

  • 20 · Interest

    total $1,260,115 · program services $945,087 · management and general $189,016 · fundraising $126,012

  • 22 · Depreciation, depletion and amortization

    total $3,022,713 · program services $2,545,165 · management and general $358,159 · fundraising $119,389

  • 23 · Insurance

    total $840,347 · program services $630,261 · management and general $126,052 · fundraising $84,034

  • 24a · Other expenses: Credit Card Charges

    total $331,832 · program services $188,619 · management and general $110,600 · fundraising $32,613

  • 24b · Other expenses: Exhibition Expense

    total $843,916 · program services $823,434 · management and general $0 · fundraising $20,482

  • 24c · Other expenses: Postage

    total $35,093 · program services $23,287 · management and general $6,467 · fundraising $5,339

  • 24d · Other expenses: Real Estate Taxes

    total $63,767 · program services $36,246 · management and general $21,254 · fundraising $6,267

  • 24e · All other expenses

    total $969,011 · program services $704,774 · management and general $165,962 · fundraising $98,275

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $7,204,776 · end of year $6,644,089

  • 3 · Pledges and grants receivable

    beginning of year $12,386,475 · end of year $11,842,787

  • 4 · Accounts receivable

    beginning of year $28,951 · end of year $198,884

  • 7 · Other notes and loans receivable

    beginning of year $2,037,551 · end of year $2,526,372

  • 9 · Prepaid expenses and deferred charges

    beginning of year $255,072 · end of year $376,623

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

    $81,808,004

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

    $11,388,323

  • 10c · Land, buildings and equipment, net

    beginning of year $69,551,728 · end of year $70,419,681

  • 11 · Investments: publicly traded securities

    beginning of year $7,458,323 · end of year $18,733,590

  • 14 · Intangible assets

    beginning of year $1,350 · end of year $1,350

  • 15 · Other assets

    beginning of year $6,304 · end of year $12,532

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,160,490 · end of year $2,292,546

  • 19 · Deferred revenue

    beginning of year $4,052,432 · end of year $13,907,383

  • 20 · Tax-exempt bond liabilities

    beginning of year $23,109,382 · end of year $22,056,875

  • 23 · Secured mortgages and notes payable

    beginning of year $5,038,944 · end of year $4,881,606

  • 27 · Net assets without donor restrictions

    beginning of year $59,451,286 · end of year $60,951,196

  • 28 · Net assets with donor restrictions

    beginning of year $5,117,996 · end of year $6,666,302

Mission and programs · 2024

Mission

To provide bayfront sanctuaries connecting people with air plants of the world, native nature, and our regional history.

  • Marie Selby Botanical Gardens provides 45 acres of bayfront sanctuaries connecting people with air plants of the world, native nature, and our regional history. Established by forward thinking women of their time, Selby Gardens is composed of the 15- acre Downtown Sarasota campus and the 30-acre Historic Spanish Point campus in the Osprey area of Sarasota County, Florida. The Downtown Campus on Sarasota Bay is the only botanical garden in the world dedicated to the display and study of epiphytic orchids, bromeliads, gesneriads and ferns, and other tropical plants. There is a significant focus on botany, horticulture, education, historical preservation, and the environment. The Historic Spanish Point (HSP) Campus is located less than 10 miles south along Little Sarasota Bay. The HSP Campus, one of the largest preserves showcasing native Florida plants that is interpreted for and open to the public, celebrates an archaeological record that encompasses approximately 5,000 years of Florida History.

    Expenses $11,631,320 · Revenue $2,853,461

As filed on the 2024 return.

Listed in Part VII

  • Joel Morganroth

    Chair

    Total calculated
    $0
    Hours/week
    2

  • Teri A Hansen

    Vice Chair

    Total calculated
    $0
    Hours/week
    2

  • Bruce Sorensen

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Marcy Klein

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Cornelia Matson

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Pat Ball

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Margaret Wise

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Ariane Dart

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Pauline Wamsler

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Katherine Martucci

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Morgan Bentley

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Keith Monda

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Michael Quillen

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Jeannie Russell

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Mary Braxton-Joseph

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Norbert Donelly

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Jean Weidner Goldstein

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Marianne McComb

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Aaron Bellamy

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Renee James Gilmore

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Audrey Robbins

    Trustee

    Total calculated
    $0
    Hours/week
    1.5

  • Eric Fontana

    Treasurer & CFO

    Total calculated
    $0
    Hours/week
    1.5

  • Jennifer Rominiecki

    President & CEO

    Total calculated
    $509,005
    From this org
    $471,898
    From related orgs
    $0
    Other
    $37,107
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $471,898
    Bonus
    $0
    Other
    $0
    Deferred
    $22,000
    Nontaxable benefits
    $15,107
    Filer's total
    $509,005

  • Crystal Bailey

    COO & General Counsel

    Total calculated
    $250,783
    From this org
    $221,446
    From related orgs
    $0
    Other
    $29,337
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $221,446
    Bonus
    $0
    Other
    $0
    Deferred
    $17,285
    Nontaxable benefits
    $12,052
    Filer's total
    $250,783

  • Michael McLaughlin

    Highest Compensated Employee

    Total calculated
    $158,886
    From this org
    $147,622
    From related orgs
    $0
    Other
    $11,264
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,622
    Bonus
    $0
    Other
    $0
    Deferred
    $520
    Nontaxable benefits
    $10,744
    Filer's total
    $158,886

  • David Berry

    Highest Compensated Employee

    Total calculated
    $156,727
    From this org
    $146,636
    From related orgs
    $0
    Other
    $10,091
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,636
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,091
    Filer's total
    $156,727

  • Bruce Holst

    Highest Compensated Employee

    Total calculated
    $136,626
    From this org
    $123,543
    From related orgs
    $0
    Other
    $13,083
    Hours/week
    40

  • Nancy Kipnis

    Highest Compensated Employee

    Total calculated
    $125,762
    From this org
    $116,243
    From related orgs
    $0
    Other
    $9,519
    Hours/week
    40

  • Christopher Elliott

    Highest Compensated Employee

    Total calculated
    $123,168
    From this org
    $110,630
    From related orgs
    $0
    Other
    $12,538
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations 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
2024
Filed
3 October 2025
IRS schema version
2024v5.2
Source object
202503169349302980

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.