2024-07-25T08:17:24-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2023-01-01 840440359 DENVER BOTANIC GARDENS INC DENV 7208653500 909 YORK STREET DENVER CO 802063751 BRIAN VOGT CHIEF EXECUTIVE OFFICER 7208653500 2024-07-24 1 BRIAN VOGT XXX-XX-XXXX 1 SARAH HINTZ P00492291 3037795710 2024-07-16 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z BRIAN VOGT 909 YORK STREET DENVER CO 802063751 48132914 0 X WWW.BOTANICGARDENS.ORG X 1951 CO TO CONNECT PEOPLE WITH PLANTS, PROVIDING DELIGHT AND ENLIGHTMENT TO EVERYONE. 38 38 445 2093 -218 0 19261404 27940292 12866160 14165048 95278 911152 2701186 2998461 34924028 46014953 5294564 0 0 0 20834270 23469253 0 0 2027458 12644461 17958792 38773295 41428045 -3849267 4586908 27203124 31515294 8203370 7928632 18999754 23586662 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 5727197 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, COMMUNITY SCIENCE AND TRACKING PHENOLOGY (LIFE-HISTORY EVENTS) OF COMMON SPECIES. 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. THE GARDENS CONTINUES TO TRAIN THE NEXT GENERATION OF SCIENTISTS THROUGH GRADUATE STUDENT AND INTERNSHIP 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.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 2023. 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 2023 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 AND THE CAUCUSES. 6235308 0 1155307 EDUCATION AND OUTREACH: IN 2023, DENVER BOTANIC GARDENS' EDUCATION PROGRAMS REACHED 23,957 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 30% OF THESE CHILDREN CAME FROM LOW-INCOME SCHOOLS AND BENEFITED FROM THE GARDENS' EDUCATIONAL ACCESS PROGRAM. MORE THAN 13,000 PEOPLE PARTICIPATED IN FAMILY AND CHILDREN'S PROGRAMS WHILE THE MORDECAI CHILDREN'S GARDEN CONTINUED TO FLOURISH. ADULT CLASSES AND WORKSHOPS SERVED 17,000 REGISTRANTS IN A WIDE VARIETY OF CONTENT AREAS. THE HELEN FOWLER LIBRARY OFFERED ELECTRONIC ACCESS THROUGHOUT THE YEAR AND SUCCESSFULLY OFFERED PUBLIC, IN-PERSON ACCESS SIX DAYS A WEEK.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. 3931383 0 2456505 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. ATTENDANCE AT EVENTS AND DAILY VISITOR NUMBERS WERE UP 3% IN 2023 TO 204,252. LAVENDER FESTIVAL HOSTED 12,500 ATTENDEES IN THE TWO-DAY EVENT. CORN MAZE WAS ANOTHER GREAT SUCCESS WITH 60,000 VISITORS DURING SEPTEMBER AND OCTOBER. PUMPKIN FESTIVAL HOSTED 39,000 ATTENDEES AND NEARLY 27,000 PUMPKINS WERE PURCHASED. TRAIL OF LIGHTS ATTENDANCE JUMPED TO 44,000. WE ALSO ADDED AN ANNUAL HOPS FESTIVAL IN 2023 THAT ATTRACTED 1,000 ATTENDEES TO SAMPLE LOCAL BREWS AND BEER MADE FROM OUR OWN HOPS GROWN AT CHATFIELD FARMS. THE COMMUNITY SUPPORTING AGRICULTURE PROGRAM GREW OVER 70,000 POUNDS OF MORE THAN 30 DIFFERENT VARIETIES OF VEGETABLES AND FLOWERS DISTRIBUTED TO 300 PAYING SHAREHOLDERS IN 2023. THE PROGRAM DONATED 13,000 POUNDS OF PRODUCE TO NUMEROUS NOT-FOR PROFITS AND FOODBANKS INCLUDING SAME CAF, GRACEFULL CAF AND WE DON'T WASTE. 8495328 0 12270390 VISITOR EXPERIENCE: IN 2023, 1,434,573 INDIVIDUALS VISITED THE DENVER BOTANIC GARDENS. EIGHT EXHIBITIONS WERE PRESENTED IN THE FREYER NEWMAN CENTER GALLERIES IN 2023. EXHIBITS INCLUDE ANSEL ADAMS: EARLY WORKS, FEATURING HIGH-CONTRAST PHOTOS OF THE AMERICAN WEST FROM THE 1970S AND 1980S, AND GOLDEN LEGACY: ORIGINAL ART FROM 80 YEARS OF GOLDEN BOOKS, AN EXHIBIT ORGANIZED BY THE NATIONAL CENTER FOR CHILDREN'S ILLUSTRATED LITERATURE. FIVE EXHIBITIONS ORGANIZED BY DENVER BOTANIC GARDENS TRAVELED TO OTHER INSTITUTIONS, INCLUDING LA CALAVERA CATRINA (TUCSON BOTANICAL GARDEN, AZ) AND GOLDEN OPPORTUNITY (FOUR RIVERS ENVIRONMENTAL EDUCATION CENTER IN CHANNAHON, IL). THE GARDENS HOSTED FIVE ARTISTS THROUGH THE LAND LINE RESIDENCY PROGRAM. BLOSSOMS OF LIGHT, THE GARDENS' LARGEST EVENT, WELCOMED 201,589 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. 6826885 0 0 OPERATIONS AND MAINTENANCE 5328774 0 0 CAPITAL IMPROVEMENTS: CAPITAL EXPENSES 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. 20650987 0 12270390 36544875 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 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 169 0 1 445 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 38 38 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X JOHN CALDERHEAD 7208653500 909 YORK STREET DENVER CO 802063751 BRIAN VOGT CHIEF EXECUTIVE OFFICER 60.00 0.00 X 441275 0 32264 JOHN CALDERHEAD CHIEF FINANCIAL OFFICER 40.00 0.00 X 265214 0 41593 PHIL DOUGLAS DIR. OF HORTICULTURE & CGI 40.00 0.00 X 196259 0 33346 JENNIFER RILEY-CHETWYND DIR. OF MKTG & SOCIAL RESPONSIBILITY 40.00 0.00 X 196752 0 44229 JOHANNA KELLY DIR. OF DEVELOPMENT 40.00 0.00 X 207848 0 39351 SUZI LATONA DIR. OF OPERATIONS 40.00 0.00 X 177148 0 23665 DAN DOMAGALA DIRECTOR OF INNOVATION & TECHNOLOGY 40.00 0.00 X 164638 0 50648 MARY BRADLEY DIR. OF MEMB, VIS & VOL SVCS 40.00 0.00 X 183091 0 25966 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 DAWN BOOKHARDT SECRETARY 1.00 1.00 X X 0 0 0 JANDEL ALLEN-DAVIS DIRECTOR 1.00 0.00 X 0 0 0 DIANE BARRETT DIRECTOR 1.00 0.00 X 0 0 0 JOSEPH BLACK 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 DICK CLARK DIRECTOR 1.00 0.00 X 0 0 0 SUZANNE COXHEAD DIRECTOR 1.00 0.00 X 0 0 0 ANDREW CULLEN DIRECTOR 1.00 0.00 X 0 0 0 PAPA M DIA DIRECTOR 1.00 0.00 X 0 0 0 MELISSA ELIOT DIRECTOR 1.00 0.00 X 0 0 0 RHONDA FIELDS 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 HAPPY HAYNES 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 CHRISTOPHER LEACH DIRECTOR 1.00 0.00 X 0 0 0 WY LIVINGSTON DIRECTOR 1.00 0.00 X 0 0 0 JUDI NEWMAN DIRECTOR 1.00 0.00 X 0 0 0 RONALD OTSUKA DIRECTOR 1.00 0.00 X 0 0 0 KITTY RAPALYEA DIRECTOR 1.00 0.00 X 0 0 0 YRMA RICO DIRECTOR 1.00 0.00 X 0 0 0 SCOTT RICHARDS DIRECTOR 1.00 0.00 X 0 0 0 CHAROLINE SCHOMP DIRECTOR 1.00 0.00 X 0 0 0 CYNTHIA SCOTT DIRECTOR 1.00 0.00 X 0 0 0 HAROLD SMETHILLS DIRECTOR 1.00 0.00 X 0 0 0 MARIANNE SULSER DIRECTOR 1.00 0.00 X 0 0 0 BRAD STEVINSON DIRECTOR 1.00 0.00 X 0 0 0 BEATRICE TAPLIN DIRECTOR 1.00 0.00 X 0 0 0 DING WEN HSU DIRECTOR 1.00 0.00 X 0 0 0 1832225 0 291062 23 0 1 0 GH PHIPPS CONSTRUCTION CO 5995 GREENWOOD PLAZA BLVD STE 100 GREENWOOD VILLAGE CO 80111 CONSTRUCTION 3503217 DOUGLASS COLONY GROUP 5901 E 58TH AVE COMMERCE CITY CO 80022 CONSTRUCTION 651769 SAVATREE LLC 8585 EAST WARREN AVE DENVER CO 80231 EVENT PRODUCTION 368011 SHI INTERNATIONAL CORP PO BOX 952121 DALLAS TX 75395 SOFTWARE & HARDWARE RESELLER 366137 THE SAXTON CORPORATION 3191 E WEAVER AVENUE CENTENNIAL CO 80121 CONSTRUCTION 301342 23 4494290 379610 1459991 11959044 9647357 213031 27940292 EDUC & HORT PROGRAMS 611600 14165048 14165048 14165048 911426 911426 34111 34111 2145912 898716 1247196 1247196 -218 1247414 274 -274 -274 -274 133310 379610 133310 0 2257805 1085661 1172144 1172144 MISCELLANEOUS INCOME 900099 521233 521233 TOUR FEES 561520 23777 23777 545010 46014953 15882202 -218 2192677 1058607 359482 408373 290752 17235596 16026035 692639 516922 804917 737759 44385 22773 3011206 2690387 206930 113889 1358927 1198031 101162 59734 52598 52598 2811419 2319592 469834 21993 302244 14286 287958 2097297 1250000 217527 629770 642995 562280 66891 13824 3068100 2863892 102104 102104 476321 405024 67962 3335 513981 197594 96605 219782 152247 152247 305164 260053 28812 16299 CAPITAL IMPROVEMENTS 5511223 5511223 REPAIRS & MAINTENANCE 949240 949240 PROGRAM SUPPLIES 622229 622229 PLANTS AND SEEDS 163622 163622 290112 261899 11932 16281 41428045 36544875 2855712 2027458 9688948 7556287 7862086 13323796 6240849 6643128 824683 583353 411988 405710 341087 369916 2011680 1122840 585378 888840 1248105 1744264 27203124 31515294 2665193 2739260 5537038 4705794 1139 483578 8203370 7928632 X 17026036 20407331 1973718 3179331 18999754 23586662 27203124 31515294 4586908 0 X X 0 1 X 1 1 1 X 23919804 10870327 25518327 12717396 21087063 94112917 5124217 4981617 5880302 6544008 6640198 29170342 29044021 15851944 31398629 19261404 27727261 123283259 157709 123125550 1408770 335004 1587749 2168682 3085049 8585254 1984273 788165 1996149 2541345 2936125 10246057 142114570 54833312 0.86640 0.88190 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CONCESSION INCOME - 2019 AMOUNT: $ 329,687. 2020 AMOUNT: $ 131,106. 2021 AMOUNT: $ 341,999. 2022 AMOUNT: $ 358,160. TOUR FEES - 2019 AMOUNT: $ 21,949. 2020 AMOUNT: $ 4,897. 2021 AMOUNT: $ 22,871. 2022 AMOUNT: $ 19,423. 2023 AMOUNT: $ 23,777. MISCELLANEOUS INCOME - 2019 AMOUNT: $ 23,676. 2020 AMOUNT: $ 18,635. 2021 AMOUNT: $ 13,026. 2022 AMOUNT: $ 13,020. 2023 AMOUNT: $ 521,233. FUNDRAISING INCOME - 2021 AMOUNT: $ 30,480. 2022 AMOUNT: $ 129,442. 2023 AMOUNT: $ 133,310. SALE OF INVENTORY - 2019 AMOUNT: $ 1,608,961. 2020 AMOUNT: $ 633,527. 2021 AMOUNT: $ 1,587,773. 2022 AMOUNT: $ 2,021,300. 2023 AMOUNT: $ 2,257,805. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 42399889 153463 6096737 1496033 47154056 41713471 7174549 -5146425 1341706 42399889 37174195 172121 5608490 1241335 41713471 33122005 652718 4576803 1177331 37174195 28209302 902186 5102644 1092127 33122005 0.40220 0.59780 0.00000 0 1 1 230589 102038 128551 1781091 1020802 760289 888840 SUPPLEMENTAL LEASE PAYMENT FUND 977584 WATER RIGHTS 283566 ROU ASSETS 483114 1744264 DUE TO DENVER BOTANIC GARDENS ENDOWMENT 464 LEASE LIABILITIES 483114 483578 51960564 123376 6250200 6373576 45586988 427965 427965 46014953 42619488 123376 1068067 1191443 41428045 0 41428045 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 2022, 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 6,250,200. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION FROM DBG ENDOWMENT 1,459,991. FUNDRAISING EXPENSE -133,310. RENTAL EXPENSE NETTED WITH INCOME -898,716. PART XII, LINE 2D - OTHER ADJUSTMENTS: DBG ENDOWMENT EXPENSES 36,041. RENTAL EXPENSE NETTED WITH INCOME 898,716. FUNDRAISING EXPENSE 133,310. FETE DES FLEURS 512920 379610 133310 118694 8900 5716 512920 379610 133310 118694 8900 5716 133310 0 X X X X X 0 0 0 0 0 0 0 0 0 BRIAN VOGT CHIEF EXECUTIVE OFFICER 411275 0 30000 0 0 0 19800 0 12464 0 473539 0 0 0 JOHN CALDERHEAD CHIEF FINANCIAL OFFICER 262214 0 3000 0 0 0 16195 0 25398 0 306807 0 0 0 PHIL DOUGLAS DIR. OF HORTICULTURE & CGI 193259 0 3000 0 0 0 7664 0 25682 0 229605 0 0 0 JENNIFER RILEY-CHETWYND DIR. OF MKTG & SOCIAL RESPONSIBILITY 193752 0 3000 0 0 0 12126 0 32103 0 240981 0 0 0 JOHANNA KELLY DIR. OF DEVELOPMENT 204848 0 3000 0 0 0 12772 0 26579 0 247199 0 0 0 SUZI LATONA DIR. OF OPERATIONS 174148 0 3000 0 0 0 10835 0 12830 0 200813 0 0 0 DAN DOMAGALA DIRECTOR OF INNOVATION & TECHNOLOGY 161638 0 3000 0 0 0 10512 0 40136 0 215286 0 0 0 MARY BRADLEY DIR. OF MEMB, VIS & VOL SVCS 180091 0 3000 0 0 0 11158 0 14808 0 209057 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: 12/07/2021 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 13 213031 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, 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 2023. 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 OVERSEEING AND SELECTING 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 PLANT SELECT CSU Q 117949 FMV DENVER BOTANIC GARDENS ENDOWMENT INC C 1459991 FMV