2008 Annual Report - Denver Zoo

( Figure 1 )denver zoological foundation, inc. and colorado zoological trustdetailed schedule of revenue,support and expendituresyear ended december 31, 2008GeneralFundUnrestricted Funds Temporarily Restricted Funds Colorado Zoological TrustSCFDFundTotalUnrestrictedMillenniumFundOtherProjectsFundTotalTemporarilyRestrictedRevenue & SupportMemberships $ 4,172,328 – 4,172,328 – – – 4,172,328 – – – – 4,172,328 3,939,384Donations, gifts & grants 538,243 – 538,243 4,003,246 852,190 4,855,436 5,393,679 102,080 – 47,791 149,871 5,543,550 6,304,235City & County of Denver support 2,086,668 – 2,086,668 – – – 2,086,668 – – – – 2,086,668 1,729,130In-kind contributions 328,880 – 328,880 – – – 328,880 – – – – 328,880 541,502Fund raising events revenue – – – 815,025 207,663 1,022,688 1,022,688 – – – – 1,022,688 852,369Fund raising events expenses – – – (387,154) (95,537) (482,691) (482,691) – – – – (482,691) (505,473)Admission revenue 5,875,922 – 5,875,922 – – – 5,875,922 – – – – 5,875,922 5,041,671Concession commission 2,108,008 – 2,108,008 – – – 2,108,008 – – – – 2,108,008 1,950,330Investment return 209,856 – 209,856 119,894 – 119,894 329,750 (613,921) (181,065) (3,279,907) (4,074,893) (3,745,143) 1,127,259Marketing & membership events 1,448,452 – 1,448,452 – 1,448,452 – 1,448,452 – – – – 1,448,452 1,367,486Education revenue 1,024,885 – 1,024,885 – – – 1,024,885 – – – – 1,024,885 869,592Other revenue 87,119 – 87,119 – – – 87,119 – – – – 87,119 235,052SCFD (See Schedule 3) – 6,739,624 6,739,624 – – – 6,739,624 – – – – 6,739,624 6,551,742Transfers to the Foundation from CZT – – – – 35,000 35,000 35,000 (35,000) – (35,000) – –Total revenue & support 17,880,361 6,739,624 24,619,985 4,551,011 999,316 5,550,327 30,170,312 (511,841) (216,065) (3,232,116) (3,960,022) 26,210,290 30,004,279ExpendituresProgram services:Zoo improvements 269,950 783,189 1,053,139 2,098,527 – 2,098,527 3,151,666 – – – – 3,151,666 3,441,781Certificates of Participation 654,523 – 654,523 – – – 654,523 – – – – 654,523 553,898Member services & promotion 178,797 633,064 811,861 – – – 811,861 – – – – 811,861 731,344Animal care & research 8,145,960 3,293,355 11,439,315 – 744,366 744,366 12,183,681 – – – – 12,183,681 11,304,149Horticulture 479,961 174,433 654,394 – – – 654,394 – – – – 654,394 547,383Public education 1,583,932 532,125 2,116,057 – – – 2,116,057 – – – – 2,116,057 1,736,289Interns – 248,303 248,303 – – – 248,303 – – – – 248,303 249,684Guest services 870,537 777,388 1,647,925 – – – 1,647,925 – – – – 1,647,925 1,642,490Total program services 12,183,660 6,441,857 18,625,517 2,098,527 744,366 2,842,893 21,468,410 – – – – 21,468,410 20,207,018Supporting services:Office and administration 1,856,024 188,159 2,044,183 – – – 2,044,183 70,167 – – 70,167 2,114,350 2,456,979Fund raising 720,134 4,421 724,555 259,500 – 259,500 984,055 – – – – 984,055 755,338Marketing 1,787,917 12,498 1,800,415 – – – 1,800,415 – – – – 1,800,415 1,829,333Membership development 59,599 139,740 199,339 – – – 199,339 – – – – 199,339 233,898Total supporting services 4,423,674 344,818 4,768,492 259,500 – 259,500 5,027,992 70,167 – – 70,167 5,098,159 5,275,548Total expenditures 16,607,334 6,786,675 23,394,009 2,358,027 744,366 3,102,393 26,496,402 70,167 – – 70,167 26,566,569 25,482,566Change in net assets 1,273,027 (47,051) 1,225,976 2,192,984 254,950 2,447,934 3,673,910 (582,008) (216,065) (3,232,116) (4,030,189) (356,279) 4,521,713Net assets at beginning of year as previously reported 7,596,597 111,125 7,707,722 8,183,508 866,803 9,050,311 16,758,033 3,231,653 – 10,055,098 13,286,751 30,044,784 25,523,071Net asset reclassification based on adoption of FAS No. 117-1 (note 9) – – – – – – – (989,633) 989,633 – – – –Net assets at January 1, 2008 as restated 7,596,597 111,125 7,707,722 8,183,508 866,803 9,050,311 16,758,033 2,242,020 989,633 10,055,098 13,286,751 30,044,784 25,523,071Net assets at December 31, 2008 8,869,624 64,074 8,933,698 10,376,492 1,121,753 11,498,245 20,431,943 1,660,012 773,568 6,822,982 9,256,562 29,688,505 30,044,784TotalFoundationUnrestrictedTemporarilyRestrictedPermanentlyRestrictedTotalCZTTotalFoundationand CZT2008TotalFoundationand CZT200749