Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,112,040

• 1e · Government grants (contributions)

  $13,569,882

• 1f · All other contributions, gifts and grants

  $128,151,618

• 1g · Noncash contributions included above

  $19,596,029

• 2a · Program service revenue: ADMISSIONS

  total $1,911,923 · related or exempt $1,911,923

• 2b · Program service revenue: CONTRACTUAL REVENUE

  total $1,856,410 · related or exempt $1,856,410

• 2c · Program service revenue: REGISTRATION FEES

  total $1,665,902 · related or exempt $1,665,902

• 2d · Program service revenue: TUITION INCOME

  total $529,321 · related or exempt $529,321

• 2e · Program service revenue: LAND USE REVENUE

  total $240,115 · related or exempt $240,115

• 2f · All other program service revenue

  total $297,374 · related or exempt $297,374

• 3 · Investment income

  total $4,321,448 · unrelated business $53,791 · excluded $4,267,657

• 5 · Royalties

  total $1,375,583 · excluded $1,375,583

• 6a · Gross rents

  real property $1,384,126

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $1,384,126

• 6d · Net rental income or loss

  total $1,384,126 · excluded $1,384,126

• 7a · Gross sales of assets other than inventory

  securities $150,900,550 · other assets $15,863

• 7b · Less cost or other basis and sales expenses

  securities $151,867,607 · other assets $0

• 7c · Gain or loss

  securities -$967,057 · other assets $15,863

• 7d · Net gain or loss

  total -$951,194 · excluded -$951,194

• 8a · Fundraising events: gross income

  $176,092

• 8a · Fundraising events: contributions included on line 1c

  $1,112,040

• 8b · Fundraising events: direct expenses

  $579,700

• 8c · Net income from fundraising events

  total -$403,608 · excluded -$403,608

• 9a · Gaming: gross income

  $545

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $545 · excluded $545

• 10a · Gross sales of inventory

  $1,627,494

• 10b · Cost of goods sold

  $806,089

• 10c · Net income from sales of inventory

  total $821,405 · related or exempt $821,405

• 11a · Other revenue: LIST RENTAL

  total $105,170 · excluded $105,170

• 11b · Other revenue: AUCTION INCOME

  total $31,169 · excluded $31,169

• 11c · Other revenue: ADMIN SERVICES TO AF

  total $27,694 · excluded $27,694

• 11d · All other revenue

  total $82,339 · excluded $82,339

• 11e · Other revenue, total

  $246,372

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,464,514 · program services $4,464,514

• 2 · Grants to domestic individuals

  total $566,614 · program services $566,614

• 3 · Grants to foreign organizations and individuals

  total $1,316,150 · program services $1,316,150

• 5 · Compensation of officers, directors and key employees

  total $1,809,182 · program services $1,355,889 · management and general $267,292 · fundraising $186,001

• 6 · Compensation of disqualified persons

  total $781,893 · program services $666,601 · management and general $57,646 · fundraising $57,646

• 7 · Other salaries and wages

  total $61,919,937 · program services $50,495,517 · management and general $2,757,801 · fundraising $8,666,619

• 8 · Pension plan contributions

  total $4,150,557 · program services $3,378,942 · management and general $198,340 · fundraising $573,275

• 9 · Other employee benefits

  total $8,919,882 · program services $7,261,619 · management and general $426,248 · fundraising $1,232,015

• 10 · Payroll taxes

  total $4,730,603 · program services $3,851,154 · management and general $226,058 · fundraising $653,391

• 11b · Fees: legal

  total $663,671 · program services $131,802 · management and general $525,756 · fundraising $6,113

• 11c · Fees: accounting

  total $209,706 · management and general $209,706

• 11d · Fees: lobbying

  total $634,653 · program services $634,653

• 11e · Fees: professional fundraising services

  total $3,005,045 · fundraising $3,005,045

• 11f · Fees: investment management

  total $850,909 · management and general $850,909

• 11g · Fees: other

  total $24,898,630 · program services $22,034,659 · management and general $1,345,311 · fundraising $1,518,660

• 12 · Advertising and promotion

  total $2,219,240 · program services $141,572 · management and general $64 · fundraising $2,077,604

• 13 · Office expenses

  total $18,301,747 · program services $12,670,378 · management and general $178,130 · fundraising $5,453,239

• 14 · Information technology

  total $679,308 · program services $319,900 · management and general $309,014 · fundraising $50,394

• 15 · Royalties

  total $517,577 · program services $517,577

• 16 · Occupancy

  total $4,670,466 · program services $3,468,841 · management and general $804,276 · fundraising $397,349

• 17 · Travel

  total $2,774,607 · program services $2,365,460 · management and general $175,123 · fundraising $234,024

• 19 · Conferences, conventions and meetings

  total $1,147,985 · program services $696,913 · management and general $250,905 · fundraising $200,167

• 22 · Depreciation, depletion and amortization

  total $3,119,555 · program services $2,977,566 · management and general $104,104 · fundraising $37,885

• 23 · Insurance

  total $1,641,383 · program services $1,309,051 · management and general $290,221 · fundraising $42,111

• 24a · Other expenses: CREDIT CARD/BANK FEES

  total $1,793,296 · program services $1,414,041 · management and general $107,649 · fundraising $271,606

• 24b · Other expenses: SUBSCRIPTIONS & DUES

  total $1,634,210 · program services $1,406,801 · management and general $89,345 · fundraising $138,064

• 24c · Other expenses: MEMBERSHIP FULLFILLMENT

  total $1,312,390 · program services $521,795 · fundraising $790,595

• 24e · All other expenses

  total $153,646 · program services $149,540 · management and general $1,455 · fundraising $2,651

• 26 · Joint costs (an allocation of the lines above)

  total $13,798,000 · program services $6,716,000 · management and general $0 · fundraising $7,082,000

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $90,172,312 · end of year $13,759,434

• 2 · Savings and temporary cash investments

  beginning of year $37,285,638 · end of year $101,918,293

• 3 · Pledges and grants receivable

  beginning of year $21,454,770 · end of year $26,692,176

• 4 · Accounts receivable

  beginning of year $16,465,399 · end of year $13,560,156

• 8 · Inventories for sale or use

  beginning of year $284,666 · end of year $296,832

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,078,022 · end of year $2,904,949

• 10a · Land, buildings and equipment: cost or other basis

  $201,638,866

• 10b · Land, buildings and equipment: accumulated depreciation

  $54,328,741

• 10c · Land, buildings and equipment, net

  beginning of year $144,667,905 · end of year $147,310,125

• 11 · Investments: publicly traded securities

  beginning of year $32,546,030 · end of year $16,234,876

• 12 · Investments: other securities

  beginning of year $229,479,836 · end of year $278,605,065

• 14 · Intangible assets

  beginning of year $25,500 · end of year $25,500

• 15 · Other assets

  beginning of year $92,608 · end of year $12,310,006

• 17 · Accounts payable and accrued expenses

  beginning of year $13,304,030 · end of year $12,716,227

• 19 · Deferred revenue

  beginning of year $5,142,573 · end of year $3,541,462

• 21 · Escrow or custodial account liability

  beginning of year $4,716,380 · end of year $7,313,366

• 25 · Other liabilities

  beginning of year $8,076,243 · end of year $24,035,223

• 27 · Net assets without donor restrictions

  beginning of year $260,317,459 · end of year $261,351,843

• 28 · Net assets with donor restrictions

  beginning of year $282,996,001 · end of year $304,659,291

The filer's explanations (Part III)

PART I, LINE 1A

AUDUBON'S TRAVEL POLICY AUTHORIZES BUSINESS CLASS TRAVEL FOR THE CHIEF EXECUTIVE OFFICER DUE TO THE FREQUENCY AND LENGTH OF TRAVEL; FIRST CLASS IS PERMITTED IF BUSINESS CLASS IS NOT AVAILABLE OR THE COST OF A REFUNDABLE TICKET IS EQUIVALENT TO FIRST CLASS. IN CALENDAR YEAR 2022, ELIZABETH GRAY DID TRAVEL VIA FIRST-CLASS IN CERTAIN CIRCUMSTANCES.

PART I, LINE 4A

AUDUBON'S FORMER PRESIDENT & CHIEF EXECUTIVE OFFICER, DAVID M. YARNOLD, AGREED TO A SEPARATION OF SERVICE IN CALENDAR YEAR 2021. DAVID M. YARNOLD RECEIVED A TOTAL OF $600,000 PURSUANT TO THIS SEPARATION, $323,077 WAS PAID OUT IN CALENDAR YEAR 2022 (AND REPORTED IN COLUMN (B)(III)). IN ADDITION, THIS AMOUNT WAS REPORTED AS DEFERRED COMPENSATION ON THE FY2022 990, AND ALSO INCLUDED IN COLUMN F OF SCHEDULE J, PART II ON THE CURRENT YEAR 990. CHIEF OPERATING OFFICER, STEPHEN E. MEYER, RECEIVED A SEPARATION PAYMENT OF $217,340 IN CALENDAR YEAR 2022, OF WHICH $194,223 WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION ON THE PRIOR YEAR FORM 990. THIS AMOUNT IS REPORTED BOTH IN SCHEDULE J PART II, COLUMNS (B)(III) AND (F), RESPECTIVELY. CHIEF FIELD AND STRATEGY OFFICER, REBECCAH A. SANDERS, RECEIVED A SEPARATION PAYMENT OF $218,677 IN CALENDAR YEAR 2022 WHICH WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION ON THE PRIOR YEAR FORM 990. THIS AMOUNT IS REPORTED BOTH IN SCHEDULE J PART II, COLUMNS (B)(III) AND (F). VP AND GENERAL COUNSEL, LORRAINE A. SCIARRA, SEPARATED FROM SERVICE IN MARCH OF 2023 AND RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $308,252. THIS SEVERANCE PAYMENT WAS PAID OUT IN CALENDAR YEAR 2023 AND SO IS BEING REPORTED AS DEFERRED COMPENSATION ON THE FORM 990, SCHEDULE J, PART II, COLUMN (C).

PART I, LINE 7

BONUSES ARE AWARDED BASED ON MERIT AND AWARDED AT THE DISCRETION OF MANAGEMENT OR THE BOARD.