2023-09-21T09:43:56-05:00 2023-06-30 561719839 Earney & Company LLP 710 Military Cutoff Road Suite 250 Wilmington NC 28405 990 2022-07-01 562153433 The Airlie Gardens Foundation Inc AIRL 9107987700 300 Airlie Road Wilmington NC 28403 Catherine Hocker Vice Chair 9107987700 2023-09-21 1 Catherine Hocker 999009999 0 Charles EarneyCPA P00085685 9102569995 2023-09-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Catherine Hocker 300 Airlie Road Wilmington NC 28403 1788455 0 X www.airliegardens.org X 1999 NC To establish an outstanding historical garden with cultural and educational programs for the citizens of and vistors to New Hanover County. 11 11 0 242 185450 6215 81818 132932 1387248 1428768 113345 132130 70449 46286 1652860 1740116 0 0 0 0 0 0 0 0 261 751296 888223 751296 888223 901564 851893 7193887 8628436 231079 235428 6962808 8393008 TO ESTABLISH AN OUTSTANDING HISTORICAL GARDEN WITH CULTURAL AND EDUCATIONAL PROGRAMS FOR THE CITIZENS OF AND VISITORS TO NEW HANOVER COUNTY. 0 0 702374 1289604 PROVIDED ASSISTANCE AND OVERSIGHT TO NEW HANOVER COUNTY IN OPERATING A HISTORICAL GARDEN THAT IS AVAILABLE TO THE PUBLIC FOR A VARIETY OF EVENTS. 702374 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 NC X X Catherine Hocker 9107987700 300 AIRLIE ROAD WILMINGTON NC 28403 X HANK ESTEP Chair 4.00 X X 0 0 0 CATHERINE HOCKER TREASURER 4.00 X X 0 0 0 ERIC BLAESING SECRETARY 4.00 X X 0 0 0 NIKKI BASCOME DIRECTOR 1.00 X 0 0 0 SHANE JOHNSON DIRECTOR 1.00 X 0 0 0 SANDRA RAY DIRECTOR 1.00 X 0 0 0 ROB ZAPPLE DIRECTOR 1.00 X 0 0 0 TEDDY DAVIS DIRECTOR 1.00 X 0 0 0 TED DAVIS JR DIRECTOR 1.00 X 0 0 0 CHARLIE RIVENBARK PRESIDENT 4.00 X 0 0 0 JOHN E RUSS III DIRECTOR 1.00 X 0 0 0 MICHAEL CREED VICE CHAIR 4.00 X X 0 0 0 TARA DUCKWORTH EXECUTIVE DIRECTOR 40.00 X 0 0 0 0 0 0 0 0 0 0 0 79730 53202 132932 Membership Fees 713990 457686 457686 GATE ADMISSION FEE 713990 359225 359225 ENCHANTED AIRLIE 713990 248673 248673 Wedding Fees 812900 185450 185450 OYSTER ROAST 713990 73896 73896 103838 103838 1428768 132130 132130 94625 48339 46286 46286 1740116 1289604 185450 132130 X 45803 45803 711843 579448 132134 261 113731 60277 53454 9767 9767 Corporation Taxes 7079 7079 888223 702374 185588 261 708519 933404 114925 92300 7958 1474 16571 16197 39095 34354 468798 57793 14977 411005 6291842 7139702 7193887 8628436 26098 42858 204981 192570 231079 235428 X 6962808 8367584 25424 6962808 8393008 7193887 8628436 851893 578307 0 X X 0 1 X 1 0 X 98405 203724 113902 81818 132932 630781 920768 813015 1162158 1539328 1523393 5958662 741560 716507 779735 791091 694507 3723400 1760733 1733246 2055795 2412237 2350832 10312843 0 0 0 10312843 76206 98067 81689 113345 132130 501437 76206 98067 81689 113345 132130 501437 1836939 1831313 2137484 2525582 2482962 10814280 0.95360 0.95560 0.04640 0.04440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6291842 200000 693664 45803 7139702 6499147 950000 -1107025 50280 6291842 4457994 4457994 3914605 588163 -14510 30264 4457994 3793447 145856 24698 3914605 0 0 63003 57793 5210 405795 405795 411005 X 3012930 578307 694507 1272814 1740116 0 1740116 1582730 694507 694507 888223 0 888223 Part V, Line 4: To support the Foundation's programs and enhancements to the gardens. During the current year, the board moved money from cash to investments, shown as a contribution in Part V. Part X, Line 2: The Foundation is exempt from federal income tax under Section 501 (c)(3) of the Internal Revenue Code, but is subject to tax on unrelated business income as defined by the code. We consider wedding revenue unrelated business income for the Foundation. Net earnings on such revenue are subject to tax on unrelated business income. Taxable income/(loss) was $() in fiscal year 2020 and $(56,938) in fiscal year 2020, which were offset by available loss carryovers of $ remain for use in the future years. The Foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Foundations' management believes it is no longer subject to income tax examinations for the years prior to 2018. Form 990, Part VI, Section A, line 2 Teddy Davis and Ted Davis Father/Son Form 990, Part VI, Section B, line 11b CPA is hired to audit financial statements then draft 990 with audited figures. CPA circulates draft of 990 to executive management and the board of directors. The board approves the 990 for filing. Form 990, Part VI, Section B, line 12c CONFLICTS ARE REQUIRED TO BE DISCLOSED ANNUALLY. IF CONFLICT ARISES THE INDIVIDUAL WHO IS CONFLICTED DOES NOT VOTE, OR PARTICIPATE IN DISCUSSION OF ITEM. NEW MEMBERS SIGN A COMMITMENT TO SERVE, CODE OF ETHICS AND CONFLICT OF INTEREST DOCUMENT WHEN JOINING THE BOARD. Form 990, Part VI, Section B, line 15 NO EXECUTIVE EMPLOYEES, NEW HANOVER COUNTY PROVIDES IN KIND SERVICES TO THE FOUNDATION, THAT INCLUDE EXECUTIVE MANAGEMENT. NO OTHER SALARIES. Form 990, Part VI, Section C, line 19 ON GUIDESTAR.ORG AND BY REQUEST. Form 990, Part IX, line 11g Garden Projects: Program service expenses 64,149. Management and general expenses 0. Fundraising expenses 0. Total expenses 64,149. Exhibit & Education: Program service expenses 55,661. Management and general expenses 0. Fundraising expenses 0. Total expenses 55,661. Garden Admin and Maintenance: Program service expenses 138,857. Management and general expenses 123,137. Fundraising expenses 0. Total expenses 261,994. Concert Series: Program service expenses 41,985. Management and general expenses 0. Fundraising expenses 0. Total expenses 41,985. Enchanted Airlie: Program service expenses 106,394. Management and general expenses 0. Fundraising expenses 0. Total expenses 106,394. Gate expenses: Program service expenses 21,713. Management and general expenses 2,413. Fundraising expenses 0. Total expenses 24,126. Membership expenses: Program service expenses 10,195. Management and general expenses 2,614. Fundraising expenses 261. Total expenses 13,070. Wedding & Garden events: Program service expenses 2,646. Management and general expenses 3,970. Fundraising expenses 0. Total expenses 6,616. Grounds Maintenance: Program service expenses 55,927. Management and general expenses 0. Fundraising expenses 0. Total expenses 55,927. Other expenses: Program service expenses 9,156. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,156. Oyster roast: Program service expenses 48,501. Management and general expenses 0. Fundraising expenses 0. Total expenses 48,501. Lake Management : Program service expenses 24,264. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,264. Form 990. Part XII, line 2c No changes in process from the prior year.