Logo for "WEST MICHIGAN HORTICULTURAL SOCIETY INC DBA FREDERIK MEIJER GARDENS"

WEST MICHIGAN HORTICULTURAL SOCIETY INC DBA FREDERIK MEIJER GARDENS

WEST MICHIGAN HORTICULTURAL SOCIETY INC DBA FREDERIK MEIJER GARDENS

GRAND RAPIDS, MI, US
501(c)(3)
EIN
38-2394044
Logo for "WEST MICHIGAN HORTICULTURAL SOCIETY INC DBA FREDERIK MEIJER GARDENS"

WEST MICHIGAN HORTICULTURAL SOCIETY INC DBA FREDERIK MEIJER GARDENS

GRAND RAPIDS, MI, US
501(c)(3)
EIN
38-2394044

Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)

$416,075,576

Other Assets
60%
Property, Plant, & Equipment (net)
27%
Investments
7%
Cash & Equivalents
4%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$7,521,092

Deferred Revenue
51%
Payables & Accruals
48%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$17,164,897
$18,110,540
+6%
Receivables (Non-Related)
$2,770,529
$2,269,505
-18%
Related-Party Receivables
-
-
-
Inventories
$415,170
$191,276
-54%
Prepaid Expenses
$148,013
$1,306,646
+783%
Investments
$29,367,440
$30,767,276
+5%
Property, Plant, & Equipment (net)
$117,225,873
$113,963,280
-3%
Other Assets
$221,548,429
$249,467,053
+13%
Total Assets
$388,640,351
$416,075,576
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$2,954,902
$3,624,901
+23%
Grants Payable
-
-
-
Deferred Revenue
$4,131,228
$3,856,191
-7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$120,000
$40,000
-67%
Total Liabilities
$7,206,130
$7,521,092
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$166,583,617
$194,437,444
+17%
Unrestricted Net Assets
$214,850,604
$214,117,040
0%
Net assets
2023
2024
Change
Net assets
+$381,434,221
+$408,554,484
+7%
Balance Sheet
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