2025-08-08T08:39:42-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 121 SOUTH TEJON STREET SUITE 1100 COLORADO SPRINGS CO 80903 990 2024-01-01 840440359 DENVER BOTANIC GARDENS INC DENV 7208653500 909 YORK STREET DENVER CO 802063751 JOHN CALDERHEAD CHIEF FINANCIAL OFFICER 7208653500 2025-07-24 1 1 SARAH HINTZ P00492291 7196350330 2025-07-24 2024 2025-03-06 01:10:19Z JENNIFER RILEY-CHETWYND 909 YORK STREET DENVER CO 802063751 43883495 0 X WWW.BOTANICGARDENS.ORG X 1951 CO TO CONNECT PEOPLE WITH PLANTS, PROVIDING DELIGHT AND ENLIGHTMENT TO EVERYONE. 36 36 490 2087 -11020 0 27940292 22213061 14165048 15502461 911152 797724 2998461 3090155 46014953 41603401 0 44300 0 0 23469253 26229104 0 0 2006277 17958792 27788596 41428045 54062000 4586908 -12458599 31515294 21438553 7928632 10310490 23586662 11128063 X THE MISSION OF DENVER BOTANIC GARDENS IS TO CONNECT PEOPLE WITH PLANTS, ESPECIALLY PLANTS FROM THE ROCKY MOUNTAIN REGION AND SIMILAR REGIONS AROUND THE WORLD, PROVIDING DELIGHT AND ENLIGHTENMENT TO EVERYONE. 0 0 15115339 0 0 CAPITAL IMPROVEMENTS: CAPITAL EXPENSES AT THE YORK STREET LOCATION ARE EXPENSED WHEN INCURRED AS A RESULT OF THE GARDENS' COOPERATIVE AGREEMENT WITH THE CITY & COUNTY OF DENVER. THE CITY & COUNTY OF DENVER OWNS THE PROPERTIES OPERATED BY THE DENVER BOTANIC GARDENS.CAPITAL EXPENSES AT THE CHATFIELD LOCATION ARE EXPENSED WHEN INCURRED AS A RESULT OF THE GARDENS' LEASE AGREEMENT WITH THE ARMY CORP OF ENGINEERS. MAJOR CAPITAL EXPENDITURES IN 2024 INCLUDED THE INITIATION OF CONSTRUCTION ON THE NEW WELCOME CENTER AT CHATFIELD FARMS AND ASSOCIATED SITE IMPROVEMENTS, REPRESENTING THE FIRST PHASE OF ITS MASTER DEVELOPMENT PLAN. 8666690 0 13269754 VISITOR EXPERIENCE: IN 2024, 1,466,317 INDIVIDUALS VISITED THE DENVER BOTANIC GARDENS SIX EXHIBITIONS OPENED IN THE FREYER NEWMAN CENTER GALLERIES, PRESENTING A MIX OF INTERNATIONAL AND COLORADO-BASED ARTISTS. EXHIBITS INCLUDED RIVER'S VOICE: TEXTILES BY ALEXANDRA KEHAYOGLOU, FEATURING MONUMENTAL TEXTILES AND SHADOW AND LIGHT: PATRICK MAROLD, AN IMMERSIVE SCULPTURAL INSTALLATION. THE OUTDOOR EXHIBITION SPIRIT GUIDES: FANTASTICAL CREATURES FROM THE WORKSHOP OF JACOBO AND MARA NGELES HIGHLIGHTED MEXICAN TRADITIONS AND PLANTS OF OAXACA. FOUR TRAVELING EXHIBITIONS TOURED TO OTHER VENUES NATIONWIDE, INCLUDING LA CALAVERA CATRINA AT CHEYENNE BOTANIC GARDENS IN WYOMING AND GOLDEN OPPORTUNITY AT FERNBANK MUSEUM OF NATURAL HISTORY IN GEORGIA. FIVE ARTISTS IN RESIDENCE (MAEVE EICHELBERGER, JAIME MOLINA, RAYMUNDO MUNOZ, CATHERINE OWENS AND DEVIN URIOSTE) WORKED WITH GARDENS STAFF TO CREATE ARTWORK EXPLORING HUMANITY'S RELATIONSHIP WITH THE NATURAL WORLD.BLOSSOMS OF LIGHT, THE GARDENS' LARGEST EVENT, WELCOMED 191,611 VISITORS. THE GARDENS ALSO HOSTED EVENINGS AL FRESCO AND GLOW AT THE GARDENS IN ADDITION TO AN ONLINE SPRING PLANT SALE & FALL PLANT & BULB SALE. 7238750 0 2666241 EDUCATION AND OUTREACH: IN 2024, DENVER BOTANIC GARDENS' EDUCATION PROGRAMS REACHED 30,028 SCHOOL CHILDREN, PROVIDING HANDS-ON EXPERIENCES, STANDARDS-BASED SCIENCE LESSONS AND THE OPPORTUNITY FOR CHILDREN TO EXPLORE THE MARVELS OF THE PLANT WORLD, BOTH IN PERSON AND VIRTUALLY. ABOUT 25% OF THESE CHILDREN CAME FROM LOW-INCOME SCHOOLS AND BENEFITED FROM THE GARDENS' EDUCATIONAL ACCESS PROGRAM. MORE THAN 14,000 PEOPLE PARTICIPATED IN FAMILY AND CHILDREN'S PROGRAMS WHILE THE MORDECAI CHILDREN'S GARDEN CONTINUED TO FLOURISH. ADULT CLASSES AND WORKSHOPS SERVED 32,000 REGISTRANTS IN A WIDE VARIETY OF CONTENT AREAS. THE HELEN FOWLER LIBRARY OFFERED PUBLIC, IN-PERSON ACCESS SIX DAYS A WEEK AND ELECTRONIC ACCESS THROUGHOUT THE YEAR.OUTREACH PROGRAMS ARE A CORNERSTONE IN THE GARDENS' MISSION AND INCLUDE HORTICULTURE THERAPY SERVICES FOR THE ELDERLY, PEOPLE WITH DISABILITIES AND VETERANS. OUR URBAN FOOD INTITIATIVES PROGRAMS PROVIDED FRESH PRODUCE TO LOCAL FOOD DESERT COMMUNITIES, DISTRIBUTING 10,500 POUNDS OF FRESH PRODUCE TO VARIOUS COMMUNITY GROUPS. 7211912 44300 0 OPERATIONS AND MAINTENANCE 6792002 0 0 HORTICULTURE, SCIENCE AND CONSERVATION: DENVER BOTANIC GARDENS IS RESPONSIBLE FOR LIVING PLANT COLLECTIONS AND HORTICULTURAL GARDEN DISPLAYS, WHICH INCLUDE MORE THAN 51,000 LIVING PLANTS, BELONGING TO 10,000+ SPECIES. OUR WIDE RANGE OF GARDENS ILLUSTRATE THE CONNECTION BETWEEN PLANTS AND PEOPLE. OUR DIVERSE COLLECTIONS FEATURE PLANTS FROM ALL CORNERS OF THE WORLD, FROM THE TROPICS TO THE TUNDRA. DISTINCTIVE GARDENS DEFINE AND CELEBRATE OUR REGIONAL SENSE OF PLACE IN OUR UNIQUE HIGH ALTITUDE, SEMI-ARID CLIMATE AND GEOGRAPHY. AS AN ACCREDITED MUSEUM, OUR DIVERSE COLLECTIONS ARE USED FOR EDUCATION, RESEARCH AND PURE ENJOYMENT. AMONG OUR LIVING COLLECTIONS RESIDE TWO NATIONAL COLLECTIONS REGISTERED WITH THE NATIONAL PLANT COLLECTIONS NETWORK (PCN): OAKS (QUERCUS) AND ALPINES OF THE WORLD. SCIENTIFIC RESEARCH IS CLOSELY LINKED TO EVERYTHING AT THE GARDENS. THE CORE MOTIVATION OF OUR SCIENTIFIC WORK IS TO INVESTIGATE AND EXPLAIN BIODIVERSITY PATTERNS AND PROCESSES. WE ACTIVELY CONDUCT SCIENTIFIC RESEARCH, SERVE AS A RESOURCE OF SCIENTIFIC EXPERTISE AND WORK TO TRAIN THE NEXT GENERATION OF SCIENTISTS. OUR PROGRAMS INCLUDE POPULATION MONITORING, SEED COLLECTION, GENETIC INVESTIGATIONS FOR CONSERVATION OR TAXONOMIC CLARIFICATION, HABITAT RESTORATION, URBAN TREE ASSESSMENTS AND COMMUNITY SCIENCE. THE GARDENS DOCUMENTS PLANT AND FUNGAL DIVERSITY WITH A FOCUS ON THE SOUTHERN ROCKY MOUNTAIN REGION THROUGH OUR COLLECTING EFFORTS. THE KATHRYN KALMBACH VASCULAR PLANT HERBARIUM HOUSES NEARLY 80,000 SPECIMENS WHILE THE SAM MITCHEL HERBARIUM OF FUNGI HOUSES JUST OVER 20,000 WELL-CURATED SPECIMENS FROM THE REGION. WE ACCESSIONED OUR 100,000TH SPECIMENT IN 2024. THE GARDENS TRAINS THE NEXT GENERATION OF SCIENTISTS THROUGH GRADUATE STUDENT PROGRAMS IN COLLABORATION WITH THE UNIVERSITY OF COLORADO AT DENVER AND OTHER LOCAL ORGANIZATIONS. OUR EXPANDED RESTORATION STUDIES EXAMINING SEED MIXES AND INFLUENCE OF A WARMING CLIMATE ON PLANT SUCCESS THROUGH COMMON GARDEN STUDIES CONTINUED WITH TWO ACTIVE FIELD SITES. IN ADDITION, WE COLLECTED GENETIC DATA ON PLANTS FROM MULTIPLE SOURCE LOCATIONS GROWING IN OUR COMMON GARDEN IN ORDER TO BETTER UNDERSTAND THE INFLUENCE OF GENETICS AND ENVIRONMENT ON SUCCESS OF RESTORATION PROJECTS. IN PARTNERSHIP WITH THE US BUREAU OF LAND MANAGEMENT WE MADE SEED COLLECTIONS IN SUPPORT OF THE NATIONAL NATIVE SEED STRATEGY AND THE SEEDS OF SUCCESS PROGRAM ACROSS WYOMING IN 2024.THE GARDENS' CENTER FOR GLOBAL INITIATIVES IS AN EXAMPLE OF THE GARDENS' WORK AROUND THE GLOBE. WE CONTINUED OUR COLLABORATION WITH INSTITUTO NACIONAL DE TECNOLOGA AGROPECUARIA (INTA), ARGENTINA IN 2024. THIS COLLABORATION WAS DEVELOPED TO EXCHANGE INFORMATION AND CAPACITY ON PROPAGATION AND RESEARCH OF NATIVE FLORA OF BOTH ARGENTINA, PATAGONIA IN PARTICULAR, AND THE ROCKY MOUNTAIN AND PLAINS REGIONS OF COLORADO. IN 2024 THE CENTER FOR GLOBAL INITIATIVES ALSO STEWARDS THE EXCHANGE OF KNOWLEDGE, RESOURCES, AND COLLABORATION OF NATIONAL ACADEMY OF SCIENCES, INSTITUTES OF BOTANY THROUGH CENTRAL ASIA, VIETNAM AND THE CAUCASUSES. THE CENTER FOR GLOBAL INITIATIVES ALSO PARTNERED WITH ECOLE NATIONALE SUPRIEURE D'AGRICULTURE OF SENEGAL IN THE MASTER PLANNING AND DEVELOPMENT OF A NEW BOTANIC GARDEN IN THIES SENEGAL. 4324346 0 1317379 CHATFIELD FARMS: THE MISSION OF DENVER BOTANIC GARDENS CHATFIELD FARMS IS TO INSPIRE THE PUBLIC TO BE GOOD STEWARDS OF THE ENVIRONMENT BY CONNECTING PEOPLE TO OUR PAST, PRESENT AND FUTURE RELATIONSHIPS WITH PLANTS OF THE ROCKY MOUNTAIN REGION. CHATFIELD FARMS IS A 700-ACRE NATIVE PLANT REFUGE AND WORKING FARM LOCATED ALONG THE BANKS OF DEER CREEK IN SOUTHERN JEFFERSON COUNTY. STARTING IN FEBRUARY, CHATFIELD FARMS WERE UNDER CONSTRUCTION FOR PHASE 1 OF THE MASTER DEVELOPMENT PLAN AND FOR THE 4.5-ACRE SOLAR FARM. EIGHTEEN MILLION DOLLARS IN IMPROVEMENTS TO BE COMPLETED IN 2025 WERE INITIATED. ATTENDANCE AT EVENTS AND DAILY VISITOR NUMBERS TOTALED 203,177. THE LAVENDER FESTIVAL HOSTED 11,255 ATTENDEES IN THE TWO-DAY EVENT. CORN MAZE WAS ANOTHER GREAT SUCCESS WITH 61,716 VISITORS DURING SEPTEMBER AND OCTOBER. THE PUMPKIN FESTIVAL HOSTED 36,646 ATTENDEES AND NEARLY 27,000 PUMPKINS WERE PURCHASED BY VISITORS. TRAIL OF LIGHTS ATTENDANCE WAS 44,000. THE SECOND ANNUAL HOPS FESTIVAL ATTRACTED AROUND 1,000 ATTENDEES TO SAMPLE LOCAL BREWS. BEER MADE FROM OUR OWN HOPS GROWN AT CHATFIELD FARMS. THE COMMUNITY SUPPORTING AGRICULTURE (CSA) PROGRAM GREW OVER 72,000 POUNDS OF MORE THAN 30 DIFFERENT VARIETIES OF VEGETABLES AND FLOWERS DISTRIBUTED TO 300 PAYING SHAREHOLDERS IN 2024. THE PROGRAM DONATED 18% OF THIS PRODUCE TO NUMEROUS NOT-FOR PROFITS AND FOODBANKS INCLUDING SAME CAF, GRACEFULL CAF, AND METRO CARING. THE CSA ALSO PROVIDED AGRICULTURE BUSINESS DEVELOPMENT TRAINING FOR URBAN FARMERS. 18328260 44300 1317379 49349039 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 172 0 1 490 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 36 36 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOHN CALDERHEAD 7208653500 909 YORK STREET DENVER CO 802063751 MIKE IMHOFF BOARD CHAIR 1.00 1.00 X X 0 0 0 MARY LEE CHIN VICE CHAIR 1.00 0.00 X X 0 0 0 ABE RODRIGUEZ TREASURER 1.00 0.00 X X 0 0 0 DIANE BARRETT SECRETARY 1.00 1.00 X X 0 0 0 CHRISTINE BAUGH DIRECTOR 1.00 0.00 X 0 0 0 JOSE CARREDANO DIRECTOR 1.00 0.00 X 0 0 0 CLINT CARROLL DIRECTOR 1.00 0.00 X 0 0 0 NINA CASANOVA DIRECTOR 1.00 0.00 X 0 0 0 CHRISTINA CAULKINS DIRECTOR 1.00 1.00 X 0 0 0 JOLON CLARK DIRECTOR 1.00 0.00 X 0 0 0 ANDREW CULLEN DIRECTOR 1.00 0.00 X 0 0 0 PAPA DIA DIRECTOR 1.00 0.00 X 0 0 0 JULIE EGAN DIRECTOR 1.00 0.00 X 0 0 0 MELISSA ELIOT DIRECTOR 1.00 0.00 X 0 0 0 VERONICA FIGOLI DIRECTOR 1.00 0.00 X 0 0 0 CORY FREYER DIRECTOR 1.00 0.00 X 0 0 0 TIFFANY HERRICK DIRECTOR 1.00 0.00 X 0 0 0 KATHY HODGSON PAST PRESIDENT 1.00 0.00 X 0 0 0 DOROTHY HORRELL DIRECTOR 1.00 0.00 X 0 0 0 ELIOT HOYT DIRECTOR 1.00 0.00 X 0 0 0 DING WEN HSU DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER LEACH DIRECTOR 1.00 0.00 X 0 0 0 WY LIVINGSTON DIRECTOR 1.00 0.00 X 0 0 0 AMY MOWER DIRECTOR 1.00 0.00 X 0 0 0 JUDI NEWMAN DIRECTOR 1.00 0.00 X 0 0 0 COLLEEN O'CONNOR DIRECTOR 1.00 0.00 X 0 0 0 RONALD OTSUKA DIRECTOR 1.00 0.00 X 0 0 0 JOB RAUCHWAY DIRECTOR 1.00 0.00 X 0 0 0 SCOTT RICHARDS DIRECTOR 1.00 0.00 X 0 0 0 YRMA RICO DIRECTOR 1.00 0.00 X 0 0 0 HOLLIE SEELEY DIRECTOR 1.00 0.00 X 0 0 0 HAROLD SMETHILLS DIRECTOR 1.00 0.00 X 0 0 0 BRAD STEVINSON DIRECTOR 1.00 0.00 X 0 0 0 MARIANNE SULSER DIRECTOR 1.00 0.00 X 0 0 0 BEATRICE TAPLIN DIRECTOR 1.00 0.00 X 0 0 0 MIKE TOIA DIRECTOR 1.00 0.00 X 0 0 0 BRIAN VOGT CHIEF EXECUTIVE OFFICER 60.00 0.00 X 431153 0 32772 JOHN CALDERHEAD CHIEF FINANCIAL OFFICER 40.00 0.00 X 285654 0 43543 PHIL DOUGLAS DIR. OF HORTICULTURE & CGI 40.00 0.00 X 203592 0 22599 JENNIFER RILEY-CHETWYND DIR. OF MKTG & SOCIAL RESP 40.00 0.00 X 209639 0 45584 JOHANNA KELLY DIR. OF DEVELOPMENT 40.00 0.00 X 223197 0 44002 SUZI LATONA DIR. OF OPERATIONS 40.00 0.00 X 188945 0 25340 DAN DOMAGALA DIRECTOR OF INNOVATION & TECHNOLOGY 40.00 0.00 X 175079 0 51945 1717259 0 265785 29 0 1 0 GH PHIPPS CONST CO 5995 GREENWOOD PLZ BLVD STE100 GREENWOOD VILLAGE CO 80111 CONSTRUCTION 10896438 SAVATREE LLC 8585 EAST WARREN AVE DENVER CO 80231 LANDSCAPING 774375 LLK GREENHOUSE SOLUTIONS 14800 FOLTZ PARKWAY STRONGSVILLE OH 44149 GREENHOUSE REPAIRS 493826 SHI INTERNATIONAL CORP PO BOX 952121 DALLAS TX 75395 MAINTENANCE CONTRACTS 323649 SPECTRUM GENERAL CONTRACTORS 5135 E 38TH AVENUE DENVER CO 80207 CONSTRUCTION 322370 23 5067472 556173 1618847 9261284 5709285 1441569 22213061 EDUC & HORT PROGRAMS 611600 15502461 15502461 15502461 797789 797789 29305 29305 2264888 954951 1309937 1309937 -11020 1320957 65 -65 -65 -65 140755 556173 140755 0 2354232 1184323 1169909 1169909 MISCELLANEOUS INCOME 900099 567299 567299 TOUR FEES 561520 13705 13705 581004 41603401 17253374 -11020 2147986 44300 44300 850316 368356 432846 49114 19212656 17591845 822496 798315 916438 848678 26938 40822 3751045 3402750 173618 174677 1498649 1356783 74526 67340 71209 71209 3074835 2819231 255604 309060 9746 299314 2196616 1550086 104307 542223 1015651 921900 80378 13373 2889306 2716248 86529 86529 631939 518636 106495 6808 629795 331370 104556 193869 198592 198592 352437 284332 52790 15315 CAPITAL IMPROVEMENTS 15115339 15115339 PROGRAM SUPPLIES 549802 538382 8014 3406 REPAIRS & MAINTENANCE 286534 286534 PLANTS AND SEEDS 175102 175102 292379 270829 7064 14486 54062000 49349039 2706684 2006277 7556287 10638464 13323796 2086917 6643128 3751859 583353 1199938 405710 387180 369916 719722 2327701 1321432 888840 1006269 1744264 1648204 31515294 21438553 2739260 4952122 4705794 4943550 483578 414818 7928632 10310490 X 20407331 -572001 3179331 11700064 23586662 11128063 31515294 21438553 -12458599 0 X X 0 1 X 1 1 1 X 10870327 25518327 12717396 21087063 15598564 85791677 4981617 5880302 6544008 6640198 6614497 30660622 15851944 31398629 19261404 27727261 22213061 116452299 238851 116213448 335004 1587749 2168682 3085049 3090882 10267366 788165 1996149 2541345 2936125 3075991 11337775 138057440 60425325 0.84180 0.86640 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CONCESSION INCOME - 2020 AMOUNT: $ 131,106. 2021 AMOUNT: $ 341,999. 2022 AMOUNT: $ 358,160. TOUR FEES - 2020 AMOUNT: $ 4,897. 2021 AMOUNT: $ 22,871. 2022 AMOUNT: $ 19,423. 2023 AMOUNT: $ 23,777. 2024 AMOUNT: $ 13,705. MISCELLANEOUS INCOME - 2020 AMOUNT: $ 18,635. 2021 AMOUNT: $ 13,026. 2022 AMOUNT: $ 13,020. 2023 AMOUNT: $ 521,233. 2024 AMOUNT: $ 567,299. FUNDRAISING INCOME - 2021 AMOUNT: $ 30,480. 2022 AMOUNT: $ 129,442. 2023 AMOUNT: $ 133,310. 2024 AMOUNT: $ 140,755. SALE OF INVENTORY - 2020 AMOUNT: $ 633,527. 2021 AMOUNT: $ 1,587,773. 2022 AMOUNT: $ 2,021,300. 2023 AMOUNT: $ 2,257,805. 2024 AMOUNT: $ 2,354,232. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 47154056 2961313 5719441 1656772 54178038 42399889 153463 6096737 1496033 47154056 41713471 7174549 -5146425 1341706 42399889 37174195 172121 5608490 1241335 41713471 33122005 652718 4576803 1177331 37174195 0.43590 0.56410 0.00000 0 1 1 230589 115735 114854 2097112 1205697 891415 1006269 SUPPLEMENTAL LEASE PAYMENT FUND 960187 WATER RIGHTS 283566 ROU ASSETS 404451 1648204 DUE TO DENVER BOTANIC GARDENS ENDOWMENT 10367 LEASE LIABILITIES 404451 414818 49878526 161812 8680754 8842566 41035960 567441 567441 41603401 55313146 161812 1089334 1251146 54062000 0 54062000 PART III, LINE 4: THE GARDENS' COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE GARDENS' INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE COMBINED STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE COMBINED FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES MAY BE USED FOR NEW COLLECTIONS OR THE DIRECT CARE OF OTHER COLLECTIONS AND ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. THE GARDENS' COLLECTIONS CONSIST OF LIVING PLANTS, HERBARIUM, A LIBRARY AND HISTORICAL COLLECTIONS. THE GARDENS' LIVING PLANT AND HERBARIUM COLLECTIONS ARE MADE UP OF OVER 18,000 TAXA OF PLANTS, 63,000 HERBARIUM SPECIMEN SHEETS AND 18,000 PRESERVED AND DOCUMENTED NATIVE MUSHROOMS. THE GARDENS HAS A LIBRARY CONSISTING OF OVER 30,000 BOOKS, PERIODICALS, SEED AND NURSERY CATALOGS, SLIDES AND PAMPHLETS. THE GARDENS HAS OVER 1,400 TWO-DIMENSIONAL WORKS OF ART IN AN ARRAY OF MEDIA INCLUDING PHOTOGRAPHS, LITHOGRAPHY DRAWINGS, MAPS, AND ENGRAVINGS, AND 60 PIECES OF THREE-DIMENSIONAL ART IN THE FORM OF BRONZE, GLASS AND STONE SCULPTURES. ADDITIONALLY, THE GARDENS HAS HISTORIC BUILDINGS, TOOLS AND FARM IMPLEMENTS AT ITS CHATFIELD FARMS LOCATION. ALL OF THESE COLLECTIONS ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC AND CURATORIAL PURPOSES. EACH OF THESE COLLECTION ITEMS IS CATALOGED, PRESERVED, CARED FOR AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO SUPPORT THE GARDENS' COLLECTIONS. DURING 2024, DEACCESSIONED ITEMS, PRIMARILY TRADED OR DONATED TO OTHER BOTANICAL GARDENS, WERE NOT SIGNIFICANT. PART V, LINE 4: ENDOWMENT FUNDS SHALL BE USED BY DENVER BOTANIC GARDENS FOR PURPOSES SETFORTH BY THE ENDOWMENT DONOR(S). SUCH USES INCLUDE BUT ARE NOT LIMITED TO HORTICULTURE, EDUCATION, SCIENCE OR GENERAL SUPPORT. PART XI, LINE 2D - OTHER ADJUSTMENTS: DBG ENDOWMENT INCOME 8,680,754. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION FROM DBGE ($1,618,847) NETTED W/ FUNDS TO DBGE ($44,300) 1,663,147. FUNDRAISING EXPENSE -140,755. RENTAL EXPENSE NETTED WITH INCOME -954,951. PART XII, LINE 2D - OTHER ADJUSTMENTS: DBG ENDOWMENT EXPENSES -6,377. RENTAL EXPENSE NETTED WITH INCOME 954,951. FUNDRAISING EXPENSE 140,755. ROUNDING ADJUSTMENT 5. FETE DES FLEURS 696928 556173 140755 115295 15000 10460 696928 556173 140755 115295 15000 10460 140755 0 0 DENVER BOTANIC GARDENS ENDOWMENT FUND 909 YORK STREET DENVER CO 80206 841202946 501(C)(3) 44300 0 N/A N/A GENERAL SUPPORT 1 0 X X X X X 0 0 0 0 0 0 0 0 0 BRIAN VOGT CHIEF EXECUTIVE OFFICER 431153 0 0 0 0 0 20700 0 12072 0 463925 0 0 0 JOHN CALDERHEAD CHIEF FINANCIAL OFFICER 282654 0 3000 0 0 0 17427 0 26116 0 329197 0 0 0 JOHANNA KELLY DIR. OF DEVELOPMENT 220197 0 3000 0 0 0 13570 0 30432 0 267199 0 0 0 JENNIFER RILEY-CHETWYND DIR. OF MKTG & SOCIAL RESP 206639 0 3000 0 0 0 12899 0 32685 0 255223 0 0 0 DAN DOMAGALA DIRECTOR OF INNOVATION & TECHNOLOGY 172079 0 3000 0 0 0 11137 0 40808 0 227024 0 0 0 PHIL DOUGLAS DIR. OF HORTICULTURE & CGI 200592 0 3000 0 0 0 12227 0 10372 0 226191 0 0 0 SUZI LATONA DIR. OF OPERATIONS 185945 0 3000 0 0 0 11556 0 13784 0 214285 0 0 0 A CITY & COUNTY OF DENVER 846000580 000000000 2017-02-16 15506673 REFUNDING OF ISSUE DTD 11/12/08 1 0 0 A 15690000 17302394 302534 2017 0 1 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 1 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY & COUNTY OF DENVER DATE THE REBATE COMPUTATION WAS PERFORMED: 11/12/2013 SCHEDULE K, PART I IN 2008 THE CITY AND COUNTY OF DENVER ENTERED INTO A LEASE PURCHASE AGREEMENT IN AN AGGREGATE PRINCIPAL AMOUNT OF $17,735,000 WITH CERTIFICATES OF PARTICIPATION (2008 COPS) EXECUTED AND DELIVERED IN A CORRESPONDING AGGREGATE PRINCIPAL AMOUNT TO CONSTRUCT A PARKING FACILITY TO BE OWNED BY THE CITY FOR THE BENEFIT OF THE DENVER BOTANIC GARDENS (DBG). AT THE TIME OF DELIVERY OF THE 2008 COPS, DBG AND THE CITY ENTERED INTO A THIRD AMENDMENT OF A COOPERATIVE AGREEMENT UNDER WHICH DBG OPERATES THE PARKING FACILITY AS THE CITY'S AGENT. IN 2017 THE CITY ENTERED INTO AN AMENDED AND RESTATED LEASE PURCHASE AGREEMENT (2017 LEASE) IN THE AGGREGATE PRINCIPAL AMOUNT OF $15,506,673 TO REFINANCE THE 2008 LEASE AND 2008 COPS. THE CITY OWNS THE LAND AND ASSETS OF DBG. AS SUCH, THE PARKING FACILITY IS NOT AN ASSET ON THE BOOKS OF DBG AND THE OBLIGATIONS UNDER THE 2017 LEASE PURCHASE AGREEMENT ARE NOT THE OBLIGATION OF THE DBG AND THEREFORE IS NOT INCLULDED AS A LIABILITY OF DBG. X 8920 FMV X 19 1267376 FMV X OTHER 5 64127 FMV X TRAVEL 2 51198 FMV X FOOD/BEVERAGES 16 36808 FMV X PLANTS 5 13140 FMV 0 0 1 0 PART I, COLUMN (B): COLUMN B INDICATES THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD OF TRUSTEES BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, EXCEPT AS PROHIBITED BY STATUTE. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OR OTHER DESIGNATED REPRESENTATIVE OF EACH OF THE FOLLOWING ORGANIZATIONS SHALL BE AN EX-OFFICIO VOTING MEMBER OF THE BOARD OF TRUSTEES: DENVER BOTANIC GARDENS ENDOWMENT, INC.; DENVER BOTANIC GARDENS GUILD; DENVER DEBUTANTE BALL; DENVER PARKS & RECREATION; AND THE GARDEN CLUB OF DENVER. EACH AFORESAID ORGANIZATION SHALL DESIGNATE AN INDIVIDUAL TO SERVE ON THE BOARD OF TRUSTEES AT LEAST TWO MONTHS PRIOR TO THE END OF THE GARDENS' FISCAL YEAR IN ORDER FOR THEM TO BE BRIEFED BY THE NOMINATING AND GOVERNANCE COMMITTEE. IN ADDITION, THE MAYOR OF THE CITY AND COUNTY OF DENVER OR, AT THE ELECTION AND PLEASURE OF THE MAYOR, THE MANAGER OF PARKS AND RECREATION FOR THE CITY AND COUNTY OF DENVER SHALL ALSO BE AN EX-OFFICIO VOTING TRUSTEE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED TO THE AUDIT AND FINANCE COMMITTEE FOR REVIEW AND THEN PROVIDED TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE GARDENS ADOPTED AN UPDATED COMPREHENSIVE CODE OF ETHICS IN 2017 WHICH INCLUDES CONFLICT OF INTEREST, WHISTLE BLOWING AND DOCUMENT RETENTION POLICIES WHICH WERE SUBSEQUENTLY INCORPORATED INTO THE EMPLOYEE GUIDELINES MANUAL AND THE VOLUNTEER HANDBOOK. THE CODE WAS DESIGNED AS A CONTINUOUSLY EVOLVING DOCUMENT. THE CODE APPLIES TO ALL REPRESENTATIVES ASSOCIATED WITH THE GARDENS, INCLUDING THE BOARD OF TRUSTEES, NON-TRUSTEE MEMBERS ON THE COMMITTEES OF THE BOARD, OFFICERS, EMPLOYEES, VOLUNTEERS, AND OFFICIALLY AFFILIATED GROUPS. BOARD MEMBERS AND OFFICERS ARE REQUIRED ANNUALLY TO DECLARE ANY CONFLICTS OF INTEREST. THE DECLARATIONS ARE REVIEWED BY THE CFO, AND IF A CONFLICT ARISES ANYONE INVOLVED IS REQUIRED TO RECUSE THEMSELVES FROM DECISIONS OR ACTIONS SURROUNDING THE AREA OF CONFLICT. THE CODE IS REVIEWED WHENEVER ORIENTATIONS ARE HELD, WITH ADDITIONAL PERIODIC REVIEWS BEING CONDUCTED. ALL DELIBERATIONS AND DECISIONS HAVE BEEN DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE DBG BOARD OF TRUSTEES CONDUCTS A PERFORMANCE REVIEW OF THE CEO FOR THE PRIOR CALENDAR YEAR. THE CHAIR OF THE BOARD OF TRUSTEES APPOINTS A REVIEW COMMITTEE CONSISTING OF THE CHAIR, VICE CHAIR AND IMMEDIATE PAST CHAIR, TO GATHER AND REVIEW INPUT FROM THE BOARD OF TRUSTEES, CONSIDER AND DISCUSS THE INPUT, ANALYZE MARKET DATA, AND MEET WITH THE CEO TO PROVIDE THE PERFORMANCE REVIEW, COMMENSURATE COMPENSATION, AND PERFORMANCE BONUS DETAILS. THE COMPENSATION PACKAGE IS APPROVED BY THE FULL BOARD OF TRUSTEES. THE GARDENS PARTICIPATES ANNUALLY IN SALARY SURVEYS AND USES THIS DATA AS GUIDANCE IN DETERMINING SALARY/WAGE RANGES FOR ALL POSITIONS AND IN MAKING ADJUSTMENTS WITHIN THE ORGANIZATION. ADJUSTMENT RECOMMENDATIONS ARE REVIEWED BY THE CEO AND THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE GARDENS MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE GARDENS' WEBSITE: WWW.BOTANICGARDENS.ORG FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. DENVER BOTANIC GARDENS ENDOWMENT INC 909 YORK STREET DENVER CO 80206 841202946 SUPPORT DENVER BOTANIC GARDENS CO 501(C)(3) LINE 12A, I DENVER BOTANIC GARDENS 1 PLANT SELECT CSU 1173 CAMPUS DELIVERY FORT COLLINS CO 80523 260199189 EDUCATION & RESEARCH CO 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 1 0 0 0 0 0 0 1 0 1 0 0 1 0 0 DENVER BOTANIC GARDENS ENDOWMENT INC C 1618847 FMV PLANT SELECT CSU Q 108755 FMV