January/February - Memphis Zoo

Annual Report – Fiscal Year 2009FinancialsMemphis Zoological Society • Statement of ActivitiesFor the year ending June 28, 2009 (with summarized financial information for the year ending June 29, 2008)Revenue, Gains & Other SupportOperating RevenueUnrestrictedTemporarilyRestrictedPermanentlyRestrictedCity management fee $1,200,000 $ - $ - $1,200,000 $1,200,000Concessions income 399,447 - - 399,447 403,528Donations and bequests 92,254 - - 92,254 120,688Education income 310,383 - - 310,383 279,361Gate admissions 3,781,535 - - 3,781,535 3,736,155Grant income 123,492 - - 123,492 157,063Investment income 60,228 - - 60,228 189,830Membership income 1,870,082 - - 1,870,082 1,879,199Other income 50,342 - - 50,342 46,448Parking income 379,531 - - 379,531 368,447Private events 1,034,060 - - 1,034,060 1,340,366Public relations & advertising 77,144 - - 77,144 56,782Retail income 1,980,355 - - 1,980,355 1,967,765Rides income 359,286 - - 359,286 372,755Special events 1,022,800 - - 1,022,800 1,042,605Total operating revenue 12,740,939 - - 12,740,939 13,160,992Conservation RevenueDonations & bequests - 37,521 - 37,521 58,803Investment income - 1,702 - 1,702 7,132Total conservation revenue - 39,223 - 39,223 65,935Capital RevenueBirds & Bees exhibit 15,106 - - 15,106 34,593Donations & bequests - 664,913 152,212 817,125 2,865,147Investment income - 43,853 (971,742) (927,889) (324,118)License fee income 69,636 - - 69,636 73,371Total capital revenue 84,742 708,766 (819,530) (26,022) 2,648,993Net assets released from restrictionsSatisfaction of program restrictions 9,478,123 (9,478,123) - - -Total revenue, gains & other support 22,303,804 (8,730,134) (819,530) 12,754,140 15,875,920ExpensesOperating ExpensesEducational activities 351,155 - - 351,155 454,841Fundraising activities 254,685 - - 254,685 243,858Grant activities 200,566 - - 200,566 246,200Legal & professional fees 20,313 - - 20,313 17,495Membership activities 227,786 - - 227,786 242,897Private events 503,698 - - 503,698 603,958Public relations & advertising activities 577,952 - - 577,952 646,379Retail activities 1,252,843 - - 1,252,843 1,309,011Rides operations 216,470 - - 216,470 252,406Special events 330,234 - - 330,234 569,962Visitor services 242,136 - - 242,136 245,436Zoo and animal operations 8,710,798 - - 8,710,798 8,571,826Total operating expenses 12,888,636 - - 12,888,636 13,404,269Conservation ExpensesGrant activities 31,589 - - 31,589 26,774Research and conservation 13,198 - - 13,198 16,220Total conservation expenses 44,787 - - 44,787 42,994Capital ExpensesCapital improvements 9,257,142 - - 9,257,142 2,675,017Provision for doubtful pledges 201,260 - - 201,260 -Other - - - - -Total capital expenses 9,458,402 - - 9,458,402 2,675,017Total expenses 22,391,825 - - 22,391,825 16,122,280Change in net assets (88,021) (8,730,134) (819,530) (9,637,685) (246,360)Net assets at beginning of year 2,573,283 14,802,560 5,076,902 22,452,745 22,699,105Net assets at end of year 2,485,262 6,072,426 4,257,372 12,815,060 22,452,7452009Total2008 Total(MemorandumOnly)2