By diversifying revenue streams and introducing new operating model, area organization positions itself for next phase

A concept of changing exhibits and events dubbed The Living Museum has helped Selby Gardens bring in more visitors.

  • By Grier Ferguson
  • | 6:10 a.m. September 20, 2019
  • | 0 Free Articles Remaining!
Lori Sax. Jennifer Rominiecki, president and CEO of Marie Selby Botanical Gardens, says changing exhibits and events, along with diversified revenue streams, have helped the organization be more successful.
Lori Sax. Jennifer Rominiecki, president and CEO of Marie Selby Botanical Gardens, says changing exhibits and events, along with diversified revenue streams, have helped the organization be more successful.
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Plants aren’t the only things growing at Marie Selby Botanical Gardens.

The prominent Sarasota nonprofit organization, known nationally for its collections and research, now has no long-term debt and a zero balance on its line of credit. That wasn’t the case several years ago. The organization, for example, carried long-term debt and a line of credit of more than $2 million in 2008.

 

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