To protect monarchs and their migration by collaborating with partners to deliver habitat conservation, education, and science across the united states.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Run by 15 volunteers and 32 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $525K a year · 21% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$92K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $48K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$132K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.0M
-3% vs prior year
Spent
$3.2M
To programs
83%
Net assets
$3.6M
By yearFY2020–FY2025
Revenue
$4.0M
FY2025▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$995K
FY2021$1.4M
FY2022$1.7M
FY2023$3.0M
FY2024$4.1M
FY2025$4.0M
Expenses
$3.2M
FY2025▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$955K
FY2021$1.2M
FY2022$1.6M
FY2023$2.1M
FY2024$3.0M
FY2025$3.2M
Net assets
$3.6M
FY2025▲ +31%
Tap a bar for its year
Net assets by fiscal year
FY2020$367K
FY2021$566K
FY2022$661K
FY2023$1.6M
FY2024$2.7M
FY2025$3.6M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $2.7M Management & general 11% · $357K Fundraising 6% · $184K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $92K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$91,809Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Wendy Caldwell’s $92K as Executive Director is at the 26th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Wendy Caldwell$91,809$85,607$76,891$70,966$62,204$66,006
Mary Hedenstrom—————$800

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Monarch Joint Venture executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Conserves monarch butterfly habitat, educates the public, and supports science for their migration.

Questions for Monarch Joint Venture

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Provided by the organization

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1 program · $2.7M · in their own filed words · FY2025
01

The monarch joint venture is a nonprofit organization that facilitates a national partnership of federal and state agencies, other nonprofits, community groups, businesses, and academic programs working together to conserve monarch butterflies, other pollinators, and the habitat that sustains them.

$2.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$48K
See all 3 funders →
Grants paid · 27 grants · $445K · 2022–2025
Desert Botanical GardenAZ · FY2025$24,425
Bee and Butterfly Habitat FundND · FY2025$17,669
Southwest Monarch StudyAZ · FY2025$14,824
Pollinator PartnershipCA · FY2025$12,480
Missouri Prairie FoundationMO · FY2025$9,326
Pheasants Forever INCMN · FY2023$25,207
Metro BloomsMN · FY2023$23,555
Pollinator Protection FundCA · FY2023$21,500
Xerces Society INCOR · FY2023$20,000
Usa-National Phenology Network University of ArizonaFY2023$14,074
Pollinator PartnershipCA · FY2023$6,817
The Bee & Butterfly Habitat FundND · FY2022$23,785
See all 27 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$4.0M
Ln 12
Gifts and grantsLn 1h$3.6M
Fees for servicesLn 2g$310K
Other incomeLn 4–11$51K
Money outPt IX
$3.2M
Ln 25
Programscol B$2.7M
Managementcol C$357K
Fundraisingcol D$184K
Owns and owesPt X
$3.6M
net assets · Ln 32
Cash and savingsLn 1–2$514K
Total assetsLn 16$3.7M
LiabilitiesLn 26$132K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.6M
Government grantsLn 1e$2.6M
Fees for servicesLn 2g$310K
Investment incomeLn 3$17K
Other incomeLn 4–11$51K
Total revenueLn 12$4.0M
Assets in detailPt X, end of year
CashLn 1$260K
SavingsLn 2$254K
Cash and savings togetherLn 1–2$514K
Land, buildings, equipmentLn 10c$1.0M
Other assetsLn 15$1.4M
Total assetsLn 16$3.7M
LiabilitiesLn 26$132K
Net assetsLn 32$3.6M
OperationsPt I, VI
EmployeesI 532
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$462K$514K
Land, buildings, equipmentLn 10c$1.1M$1.0M
Total assetsLn 16$3.0M$3.7M
LiabilitiesLn 26$219K$132K
Net assetsLn 32$2.7M$3.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$432K$432K
Pay of current officers, directors and key staffLn 5$117K$97K$13K$7K
Other salaries and wagesLn 7$1.3M$1.2M$20K$118K
Other employee benefitsLn 9$209K$180K$17K$13K
Payroll taxesLn 10$111K$95K$8K$8K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$77K$77K
Advertising and promotionLn 12$4K$621$3K
Office expensesLn 13$26K$10K$13K$3K
Information technologyLn 14$41K$6K$29K$6K
OccupancyLn 16$48K$21K$27K$568
TravelLn 17$126K$126K$75$320
Conferences, conventions and meetingsLn 19$81K$81K
Depreciation, depletion and amortizationLn 22$88K$12K$76K
InsuranceLn 23$28K$8K$20K
Other expenses (24a–d)Ln 24$448K$384K$41K$24K
All other expensesLn 24e$29K$11K$17K$1K
Total functional expensesLn 25$3.2M$2.7M$357K$184K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $4.0M$3.2M$795K$3.6M 990 PDF
FY2024 $4.1M$3.0M$1.1M$2.7M 990 PDF
FY2023 $3.0M$2.1M$902K$1.6M 990 PDF
FY2022 $1.7M$1.6M$95K$661K 990 PDF
FY2021 $1.4M$1.2M$199K$566K 990 PDF
FY2020 $995K$955K$41K$367K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $3,994,828 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,927,706$3,617,477
I-9 Program service revenuePrior year $185,533$309,789
I-10 Investment incomePrior year $12,163$16,539
I-11 Other revenuePrior year $14,050$51,023
I-12 Total revenuePrior year $4,139,452$3,994,828
I-13 Grants and similar amounts paidPrior year $317,319$432,415
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,599,301$1,767,022
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,104,193$1,000,129
I-18 Total expensesPrior year $3,020,813$3,199,566
I-19 Revenue less expensesPrior year $1,118,639$795,262
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,994,828 across 7 lines filed
VIII-1e Government grants$2,555,495
VIII-1f All other contributions, gifts and grants$1,061,982
VIII-1h Total contributions, gifts and grants$3,617,477
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $309,789$309,789
VIII-3 Investment incomeExcluded from tax $16,539$16,539
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $51,023$51,023
VIII-12 Total revenueRelated to mission $360,812 · Unrelated business $0 · Excluded from tax $16,539$3,994,828
Part IX · Statement of functional expenses $3,199,566 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $432,415$432,415
IX-5 Pay of current officers, directors and key staffPrograms $97,309 · Management $13,086 · Fundraising $6,730$117,125
IX-7 Other salaries and wagesPrograms $1,192,433 · Management $19,506 · Fundraising $118,165$1,330,104
IX-9 Other employee benefitsPrograms $179,557 · Management $16,778 · Fundraising $12,645$208,980
IX-10 Payroll taxesPrograms $95,203 · Management $8,041 · Fundraising $7,569$110,813
IX-11b Legal feesPrograms $1,566$1,566
IX-11c Accounting feesManagement $76,774$76,774
IX-12 Advertising and promotionPrograms $621 · Fundraising $3,360$3,981
IX-13 Office expensesPrograms $9,868 · Management $13,051 · Fundraising $3,382$26,301
IX-14 Information technologyPrograms $6,028 · Management $29,207 · Fundraising $6,090$41,325
IX-16 OccupancyPrograms $21,096 · Management $26,730 · Fundraising $568$48,394
IX-17 TravelPrograms $125,908 · Management $75 · Fundraising $320$126,303
IX-19 Conferences, conventions and meetingsPrograms $81,408$81,408
IX-22 Depreciation, depletion and amortizationPrograms $12,187 · Management $76,177$88,364
IX-23 InsurancePrograms $7,581 · Management $20,404$27,985
IX-24 Other expenses (24a–d)Programs $383,651 · Management $40,915 · Fundraising $23,674$448,240
IX-24e All other expensesPrograms $11,416 · Management $16,729 · Fundraising $1,343$29,488
IX-25 Total functional expensesPrograms $2,658,247 · Management $357,473 · Fundraising $183,846$3,199,566
Part X · Balance sheet $3,713,091 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $304,139$259,919
X-2 Savings and temporary cash investmentsStart of year $158,245$254,184
X-3 Pledges and grants receivableStart of year $408,730$592,568
X-4 Accounts receivableStart of year $368,778$105,077
X-8 Inventories for sale or useStart of year $32,679$34,727
X-9 Prepaid expenses and deferred chargesStart of year $34,471$27,300
X-10c Land, buildings and equipment, netStart of year $1,069,106$1,024,234
X-15 Other assetsStart of year $575,069$1,415,082
X-16 Total assetsStart of year $2,951,217$3,713,091
X-17 Accounts payable and accrued expensesStart of year $169,529$128,915
X-19 Deferred revenueStart of year $38,275$3,540
X-25 Other liabilitiesStart of year $11,020$0
X-26 Total liabilitiesStart of year $218,824$132,455
X-27 Net assets without donor restrictionsStart of year $2,432,758$2,960,467
X-28 Net assets with donor restrictionsStart of year $299,635$620,169
X-32 Total net assets or fund balancesStart of year $2,732,393$3,580,636
X-33 Total liabilities and net assetsStart of year $2,951,217$3,713,091
Part XI · Reconciliation of net assets $3,580,636 net assets at year end
XI-1 Total revenue$3,994,828
XI-2 Total expenses$3,199,566
XI-3 Revenue less expenses$795,262
XI-4 Net assets at start of year$2,732,393
XI-5 Net unrealized gains (losses) on investments$52,981
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,580,636

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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