GOLD2023

Myriad Gardens Foundation

Growing Gardens, Cultivating Community

aka Myriad Botanical Gardens   |   Oklahoma City, OK   |  www.myriadgardens.org
GuideStar Charity Check

Myriad Gardens Foundation

EIN: 73-1293008


Mission

The Myriad Gardens Foundation is a 501(c)(3) nonprofit organization which supports the Myriad Botanical Gardens by providing capital and operating funds, increasing public awareness and support and promoting the highest of horticulture, education and administrative standards.

Ruling year info

1987

President & CEO

Ms. Maureen Heffernan

Main address

301 W Reno Ave

Oklahoma City, OK 73102 USA

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Formerly known as

NA

EIN

73-1293008

Subject area info

Cultural awareness

Performing arts

Education

Environment

Gardening

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Population served info

Children and youth

Adults

Families

Non-adult children

NTEE code info

Botanical Gardens, Arboreta and Botanical Organizations (C41)

Cultural, Ethnic Awareness (A23)

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Oklahoma Gardening School

Oklahoma Gardening School at Myriad Botanical Gardens is an annual symposium for home gardeners, professional horticulturists, garden designers, and landscape architects. Participants hear illustrated talks, view demonstration boards, and shop with local vendors.

Population(s) Served
Adults
Women and girls
Retired people
Self-employed people

The Myriad Botanical Gardens has a separate children's garden which is divided into two distinct areas - a playground area and a garden area. In the garden area, we offer year-round free or low-cost programs primarily aimed at pre-k through 10 years old. These programs range from a summer book reading program where books are made available in the garden for children to read, coupled with a free storytelling schedule throughout the summer and fall months. We also offer a variety of hands-on activities in the children's garden - from arts and crafts that may include painting a pumpkin, making fresh fruit ice-cream, science-in-the-garden program, and exploring the Gardens with the new "Adventure Back-packs. These programs are offered almost daily in the summer months and on weekends at other times of the year.

Population(s) Served
Children and youth
Families

The Myriad Botanical Gardens hosts several events, programs, and educational offerings throughout the year. These programs include festivals, summer movie nights, dancing, a wellness program (yoga, zumba, walking tours, meditation classes, diabetes workshops), moonlight bike rides, holiday events, and a variety of education classes and workshops.

Population(s) Served
Non-adult children
Children and youth

Where we work

Awards

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

Financials

Myriad Gardens Foundation
Fiscal year: Jul 01 - Jun 30
Financial documents
Audit Audit Audit Audit Audit Audit 2021 Myriad Gardens Foundation 2020 and 2021 Audited Financial Statements
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

3.73

Average of 4.63 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

9.6

Average of 7.1 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

20%

Average of 20% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Myriad Gardens Foundation

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Myriad Gardens Foundation

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Myriad Gardens Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Myriad Gardens Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $609,605 -$11,062 $3,340,983 -$55,152 $383,048
As % of expenses 16.2% -0.3% 84.6% -1.6% 9.7%
Unrestricted surplus (deficit) after depreciation $515,215 -$179,515 $3,149,913 -$262,729 $187,566
As % of expenses 13.4% -4.5% 76.1% -7.3% 4.5%
Revenue composition info
Total revenue (unrestricted & restricted) $5,436,224 $4,579,074 $6,613,892 $4,667,794 $5,075,429
Total revenue, % change over prior year 36.5% -15.8% 44.4% -29.4% 8.7%
Program services revenue 15.9% 20.9% 12.7% 13.4% 12.9%
Membership dues 3.1% 3.5% 2.2% 2.0% 2.2%
Investment income 0.2% 0.5% 0.2% 0.0% 0.0%
Government grants 35.7% 38.0% 27.3% 61.1% 60.9%
All other grants and contributions 42.1% 32.2% 54.3% 22.7% 23.5%
Other revenue 3.0% 5.1% 3.4% 0.8% 0.5%
Expense composition info
Total expenses before depreciation $3,758,924 $3,824,497 $3,949,687 $3,395,315 $3,954,861
Total expenses, % change over prior year 3.4% 1.7% 3.3% -14.0% 16.5%
Personnel 60.8% 47.3% 45.3% 42.6% 46.5%
Professional fees 6.3% 17.9% 21.5% 19.6% 21.1%
Occupancy 8.0% 6.6% 7.1% 7.8% 7.4%
Interest 0.0% 0.0% 0.0% 0.1% 0.1%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 25.0% 28.2% 26.1% 29.9% 25.0%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $3,853,314 $3,992,950 $4,140,757 $3,602,892 $4,150,343
One month of savings $313,244 $318,708 $329,141 $282,943 $329,572
Debt principal payment $0 $0 $0 $2,100 $361,900
Fixed asset additions $535,644 $1,528,515 $316,688 $796,993 $2,170,890
Total full costs (estimated) $4,702,202 $5,840,173 $4,786,586 $4,684,928 $7,012,705

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 7.6 5.1 7.4 11.6 9.6
Months of cash and investments 8.3 6.1 8.7 13.5 10.9
Months of estimated liquid unrestricted net assets 4.4 -0.5 8.7 7.1 0.7
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $2,383,798 $1,612,993 $2,431,392 $3,271,637 $3,159,881
Investments $207,804 $324,887 $432,641 $538,310 $442,470
Receivables $380,652 $250,376 $2,402,461 $2,112,389 $1,530,276
Gross land, buildings, equipment (LBE) $2,085,128 $3,632,480 $3,965,414 $4,756,691 $6,915,417
Accumulated depreciation (as a % of LBE) 19.5% 16.4% 20.2% 21.1% 17.2%
Liabilities (as a % of assets) 8.2% 6.7% 11.0% 8.0% 10.2%
Unrestricted net assets $3,058,116 $2,878,601 $6,028,514 $5,765,785 $5,953,351
Temporarily restricted net assets $983,542 $1,736,003 N/A N/A N/A
Permanently restricted net assets $250,000 $291,553 N/A N/A N/A
Total restricted net assets $1,233,542 $2,027,556 $1,499,290 $3,168,216 $3,829,638
Total net assets $4,291,658 $4,906,157 $7,527,804 $8,934,001 $9,782,989

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President & CEO

Ms. Maureen Heffernan

Maureen Heffernan is the President & CEO of Park Management Company, Myriad Gardens Foundation, and Scissortail Park Foundation. She oversees the management and operation of the 15-acre Myriad Botanical Gardens and 70-acre Scissortail Park. Previous positions include Executive Director of Coastal Main Botanical Gardens, Director of Public Programs at Cleveland Botanical, and Education Coordinator at the American Horticultural Society (AHS). A regular contributor to Oklahoma Gardener magazine and author of gardening books, including Burpee Seed Starter, Hershey Children's Garden: A Place to Grow, Native Plants of Maine, and Fairy Houses of the Coast of Maine. Her awards include Jane Taylor Youth Gardening Award from the AHS 2005, Award of Merit from American Public Garden Association in 2008, Charles Schusterman Award for Nonprofit Excellence for Myriad Botanical Gardens 2015, and J. Jerry Dickman Award for Excellence for Scissortail Park from OK Center for Nonprofits 2023.

Number of employees

Source: IRS Form 990

Myriad Gardens Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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There are no highest paid employees recorded for this organization.

Myriad Gardens Foundation

Board of directors
as of 07/20/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. J. Larry Nichols

Devon Energy

Term: 2011 - 2025

J. Nichols

Devon Energy

Avis Scaramucci

Retired

James Tolbert III

First Oklahoma Corporation

Mark Beffort

Newmark Robinson Park

Sean Trauschke

OG&E

Debora Morey

Myriad Gardens Foundation

Maureen Heffernan

Myriad Gardens Foundation

John Hart

Continental Resources

Lindsey Brock

JMA Energy Company

Cynthia Rogers

Myriad Gardens Foundation

Gov. Bill Anoatubby

Chickasaw Nation

Chris Fleming

REHCO, LLC

Councilman Todd Stone

City of Oklahoma City

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 7/20/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Decline to state
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.