Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,875,013

• 1e · Government grants (contributions)

  $15,407,626

• 1f · All other contributions, gifts and grants

  $9,417,248

• 1g · Noncash contributions included above

  $1,374,596

• 2a · Program service revenue: General Admissions

  total $7,226,574 · related or exempt $7,226,574

• 2b · Program service revenue: Memberships

  total $15,874,150 · related or exempt $15,874,150

• 2c · Program service revenue: Visitor Services

  total $6,555,081 · related or exempt $1,615,651 · excluded $4,939,430

• 2d · Program service revenue: Admissions-Internal Attractions

  total $2,412,300 · related or exempt $2,412,300

• 2e · Program service revenue: Visitor Parking

  total $2,465,507 · excluded $2,465,507

• 2f · All other program service revenue

  total $1,375,732 · related or exempt $1,126,255 · unrelated business $190,330 · excluded $59,147

• 3 · Investment income

  total $2,450,233 · excluded $2,450,233

• 6a · Gross rents

  real property $73,810

• 6c · Rental income or loss

  real property $73,810

• 6d · Net rental income or loss

  total $73,810 · excluded $73,810

• 7a · Gross sales of assets other than inventory

  securities $13,213,397

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

  securities $13,298,609

• 7c · Gain or loss

  securities -$85,212

• 7d · Net gain or loss

  total -$85,212 · excluded -$85,212

• 8a · Fundraising events: gross income

  $205,370

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

  $1,875,013

• 8b · Fundraising events: direct expenses

  $659,026

• 8c · Net income from fundraising events

  total -$453,656 · excluded -$453,656

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $196,350 · program services $196,350

• 2 · Grants to domestic individuals

  total $25,000 · program services $25,000

• 3 · Grants to foreign organizations and individuals

  total $111,509 · program services $111,509

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $1,721,541 · program services $652,535 · management and general $797,058 · fundraising $271,948

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $25,893,773 · program services $21,420,379 · management and general $3,019,977 · fundraising $1,453,417

• 8 · Pension plan contributions

  total $597,033 · program services $493,890 · management and general $69,632 · fundraising $33,511

• 9 · Other employee benefits

  total $5,134,288 · program services $3,977,908 · management and general $838,195 · fundraising $318,185

• 10 · Payroll taxes

  total $2,104,376 · program services $1,740,825 · management and general $245,432 · fundraising $118,119

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $423,409 · management and general $423,409

• 11c · Fees: accounting

  total $108,009 · management and general $108,009

• 11d · Fees: lobbying

  total $55,114 · management and general $55,114

• 11e · Fees: professional fundraising services

  total $596,938 · fundraising $596,938

• 11f · Fees: investment management

  total $128,367 · management and general $128,367

• 11g · Fees: other

  total $5,636,021 · program services $5,018,933 · management and general $611,854 · fundraising $5,234

• 12 · Advertising and promotion

  total $1,756,262 · management and general $1,756,262

• 13 · Office expenses

  total $5,064,166 · program services $4,763,239 · management and general $168,244 · fundraising $132,683

• 14 · Information technology

  total $1,090,783 · program services $150,141 · management and general $883,673 · fundraising $56,969

• 15 · Royalties

  total $6,014 · program services $6,014

• 16 · Occupancy

  total $2,752,244 · program services $2,737,192 · management and general $13,771 · fundraising $1,281

• 17 · Travel

  total $278,043 · program services $239,888 · management and general $20,753 · fundraising $17,402

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $155,254 · program services $59,749 · management and general $68,237 · fundraising $27,268

• 20 · Interest

  total $566,555 · program services $566,555

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $8,474,142 · program services $8,052,212 · management and general $379,285 · fundraising $42,645

• 23 · Insurance

  total $1,317,507 · program services $1,189,182 · management and general $88,273 · fundraising $40,052

• 24a · Other expenses: Animal food and transport

  total $1,448,510 · program services $1,448,510

• 24b · Other expenses: Revenue Bond Maintenance Fees

  total $281,840 · program services $281,840

• 24c · Other expenses: Gain/Loss on Retirment of Fixed Assets

  total $54,513 · program services $34,239 · management and general $20,274

• 24d · Other expenses: UBIT Taxes

  total $7,961 · program services $7,961

• 24e · All other expenses

  total $129,561 · program services $13,337 · management and general $87,257 · fundraising $28,967

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $600,702 · end of year $558,231

• 2 · Savings and temporary cash investments

  beginning of year $54,907,829 · end of year $50,264,892

• 3 · Pledges and grants receivable

  beginning of year $7,519,172 · end of year $6,263,963

• 4 · Accounts receivable

  beginning of year $267,568 · end of year $3,395,610

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,960,760 · end of year $1,821,069

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

  $295,192,222

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

  $184,088,610

• 10c · Land, buildings and equipment, net

  beginning of year $112,786,463 · end of year $111,103,612

• 11 · Investments: publicly traded securities

  beginning of year $55,953,000 · end of year $52,255,000

• 15 · Other assets

  beginning of year $136,506 · end of year $367,623

• 17 · Accounts payable and accrued expenses

  beginning of year $5,743,221 · end of year $6,247,274

• 19 · Deferred revenue

  beginning of year $17,167,996 · end of year $14,671,837

• 20 · Tax-exempt bond liabilities

  beginning of year $29,440,000 · end of year $28,920,000

• 25 · Other liabilities

  beginning of year $2,429,783 · end of year $2,276,889

• 27 · Net assets without donor restrictions

  beginning of year $154,565,000 · end of year $150,410,000

• 28 · Net assets with donor restrictions

  beginning of year $24,786,000 · end of year $23,504,000

The filer's explanations (Part III)

Part I Line Line 1a

As provided for in the executive employment agreement approved by the Board of Trustees, the President received a gross up payment equivalent to the tax obligation for the value of the Society provided life insurance. It was treated as taxable compensation to the President.

Part I Line Line 1a

The Society paid for Chicago Club dues for the President. The Club was only used for business purposes and was not treated as taxable compensation.

Part I Line Line 4a

As provided for in the Severance Agreement with the Sr. VP Animal Programs related to the elimination of the position, he received a severance payment of 114,000.

Part I Line Line 7

The Chief Administrative and Financial Officer received a lump sum bonus related to the assumption of additional responsibilities. This bonus was approved by the Board of Trustees.