ANNUAL REPORT 2006 - Denver Zoo

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is seeking additional funding from othersources in order to maintain the quality anddepth of this award-winning program.Marketing expenses of $1,627,509represented 7.8% of total operating expenses(Fig. 2) in 2006. This includes expenses forspecial events, facility rentals, Zoolights,printing, and birthday party programsmanaged by the Marketing Department,in addition to traditional advertisingand promotional programs. Expenses forZoolights did not decrease in relation tothe loss of revenue because the cost of thelights and installation were incurred prior tothe blizzards in late December.Payroll and benefit expenses are allocatedto each of the programs and increasedsubstantially since 2005 because of therising cost of benefits. Health insuranceincreased 8% in 2006 but the zoo did notincrease the percentage of expense to bereimbursed by employees since their sharealso increased 8% as a result of the rise inpremium. The zoo endeavors to maintain astable level and quality of benefits in orderto retain and attract high quality personnel;thus, increased costs of health benefits aresometimes absorbed rather than passedon to the employees. The zoo strives tooffer more affordable options rather thanincreasing employee costs in order tomaintain stability and cost saving options.Figure 3 shows total capital expendituresfor the Denver Zoological Foundation in2006. This includes some small capital itemsof $523,033 which are part of operatingexpenses including graphics, generalimprovements, exhibit improvements andcapital equipment. Animal purchases of$154,800 make up a surprisingly small sliceof total capital purchases and generallyrepresent less than 27% of all animaltransactions, excluding fish. The vastmajority of expenses involved with animaltransactions are for transportation costs.Over 90% of 2006 capital expendituresare related to the Millennium Master Plan,of which the largest percentage went toconstruction of the Bird Propagation Centerat $3,334,995. This facility is scheduledto be completed in early 2007 and is a9,800 square foot building with additionaloutdoor animal enclosures to support thezoo’s breeding programs for endangeredand threatened bird species. Asian TropicalForest expenses of $1,479,405 represented21% of total capital expenditures in 2006.Most of these expenses were relatedto design costs. In total, $6,443,318 wasexpensed on major capital expendituresrelated to the Millennium Master Plan in2006. These expenditures are expensed inthe current year rather than depreciatedover the life of the asset because the Cityand County of Denver holds the title to allbuildings upon completion. The mannerof funding these projects is also unusual.The zoo raises money for projects prior toany construction and this may occur overa several year period. For a few years, totalnet income is high while most of the moneyis invested; awaiting actual construction. Inyears of active construction there is a lossin net income as expenses are not offset byincome recorded in previous years. Thissituation occurred between 2005 and 2006.At the end of 2005, the zoo received a bond[ FIGURE 3 ]2006 Capital ExpendituresLorikeetAdventure13%Zoo InfrastructureImprovements11%Bird PropagationCenter Construction47%TOTAL EXPENSES $7,121,151CapitalEquipment2%General ZooImprovements4%Other2%Asian TropicalForest Design21%1,563,8841,794,7761,784,81720031,897,824200620042005Photo Caption 1,710,426Headline2002 Total People Served 1997-20061,723,234LEFT | Elenim euisl ullute delis2001Average 1,729,125adion vulput vero eniat iure doloreetnulla facipit lore magnismodo 1,692,712 2000 delit dolese modolen iatuerc [ includes iliscilla on-grounds attendancefeu faci ero odipit alis dionse 1,864,818 consequam 1999vulla consequat. & off-site outreach programs ]Right | Elenim 1,657,543 euisl ullute 1998 delis adion vulput vero eniat iuredoloreet nulla facipit lore magnismodo delit dolese.consequat.ipit1,601,220nulla alis et, veraese facidunt1997lut aci bla adignibh eraestrud molore exeritsi.0 500,0001,000,000 1,500,000 2,000,00058
draw of $7,000,000 which was spent in2006 on total Millennium Plan expenses of$6,681,409, including capital and operating.The effect of receiving cash in one year butincurring expenses in the next year is shownon the “Detailed Schedule of Revenue,Support, and Expenditures” in the columnTotal Temporarily Restricted which recordsa net income of ($4,299,657) because therevenue was recorded in 2005. This reflectsthe Board’s conservative and carefulapproach to financing.Total net income in 2006 was ($3,538,951)with unrestricted net income of $760,706and temporarily restricted at ($4,299,647).The unrestricted net income will remain inunrestricted net assets and may be utilizedin the future as matching funds for futurebond draws. The addition of these assetsincreased the zoo’s unrestricted operatingreserve to nearly $6,700,000 whichrepresents 113 days of normal operatingexpenditures.Denver Zoo is pleased to report anothersuccessful year financially. This reflects theleadership of the Foundation’s Financeand Audit Committee, Board of Trusteesand management to exercise soundjudgment and conservative projections. Weappreciate the continued support receivedfrom the City and County of Denver, SCFDtax receipts from the seven metro countiesand from our many donors, members andfriends.On-Grounds Attendance by Fees52%15%74%33%Paid (Full & Discounted) 842,710Members 545,108Free Admission 246,069On-Grounds Attendance by Region1,398,3231,633,8871,609,4891,537,5251,497,4901,484,6001,572,6191,558,9701,711,59320032002200120001,714,878199819972006200420051999Metro Denver (within SCFD) 1,209,076Colorado Outside Denver 245,083Outside Colorado 179,728On-Z00-Grounds Attendance 1997-200615%11%Average 1,571,9370 500,0001,000,000 1,500,000 2,000,00059
Page 1 and 2:
ANNUAL REPORT 2006
Page 3 and 4:
Table of ContentsMission Statement
Page 5 and 6:
Denver Zoological Foundation Boardo
Page 8 and 9:
The blizzards of late December caus
Page 10: January 11 for exhibit in the South
Page 13 and 14: 2006 SIGNIFICANT TROPICALDISCOVERY
Page 15 and 16: 2006 SIGNIFICANT BIRDACQUISITIONS
Page 17 and 18: Camilo broke his large toe and lost
Page 19 and 20: other large mammal keepers moved th
Page 21 and 22: Birth Control in ZooMammalsLynn W.
Page 23 and 24: Over the next decade of her life, s
Page 25 and 26: Asia, with particular focus on habi
Page 27 and 28: Department of Conservation Biology,
Page 29 and 30: AfricaChemical communication and be
Page 31 and 32: The feedback we receive regularly o
Page 33 and 34: as part of the Family Day component
Page 35 and 36: Specialist; Leslie Raterink, Family
Page 37 and 38: Denver ZooVolunteer Council 2006Cha
Page 39 and 40: Guest ServicesAmber ChristopherDire
Page 41 and 42: continue their growth and expand th
Page 43 and 44: Far Left | Space was not adequate t
Page 45 and 46: incubation room, rearing and broodi
Page 47 and 48: Public RelationsDenver Zoo had an a
Page 50 and 51: Developmentand MembershipServicesH.
Page 52: “A Walk on the Wild Side” one o
Page 55 and 56: Coors Distributing Co.Delta Petrole
Page 57 and 58: IN-KIND DONATIONSSignificant contri
Page 59: HeadlineOther Income (Fig. 1), whic
Page 63 and 64: HeadlineCommod dit wissi. Ure molor
Page 65 and 66: ColoradoZoologicalTrust 2006Board o
Page 67 and 68: Above | African banded mongoose are
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ANNUAL REPORT 2006 - Denver Zoo

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