Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $7,016,478

• 1c · Fundraising events

  $1,024,138

• 1e · Government grants (contributions)

  $92,806,940

• 1f · All other contributions, gifts and grants

  $107,373,620

• 1g · Noncash contributions included above

  $12,248,979

• 2a · Program service revenue: GATE, EXHIBIT ADMISSIONS

  total $42,453,214 · related or exempt $42,453,214

• 2b · Program service revenue: FEES AND CONTRACTS FROM GOVT

  total $51,110,370 · related or exempt $51,110,370

• 2c · Program service revenue: EDUCATION REVENUES

  total $3,991,673 · related or exempt $3,991,673

• 2d · Program service revenue: COLLECTION DEACCESSIONS

  total $10,078 · related or exempt $10,078

• 2e · Program service revenue: MEMBERSHIP DUES

  total $10,621,671 · related or exempt $10,621,671

• 3 · Investment income

  total $7,320,128 · excluded $7,320,128

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $30,164 · excluded $30,164

• 6c · Rental income or loss

  real property $0 · personal property $0

• 6d · Net rental income or loss

  total $0

• 7a · Gross sales of assets other than inventory

  securities $88,617,162

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

  securities $88,330,505

• 7c · Gain or loss

  securities $286,657

• 7d · Net gain or loss

  total $286,657 · unrelated business $1,282,868 · excluded -$996,211

• 8a · Fundraising events: gross income

  $1,759,727

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

  $1,024,138

• 8b · Fundraising events: direct expenses

  $869,835

• 8c · Net income from fundraising events

  total $889,892 · excluded $889,892

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $35,398,937

• 10b · Cost of goods sold

  $20,337,935

• 10c · Net income from sales of inventory

  total $15,061,002 · unrelated business $368,915 · excluded $14,692,087

• 11a · Other revenue: MISCELLANEOUS REVENUES

  total $2,908,233 · excluded $2,908,233

• 11b · Other revenue: SPONSORSHIPS

  total $434,708 · excluded $434,708

• 11c · Other revenue: ALTERNATIVE INVESTMENTS

  total $2,164,349 · unrelated business $2,164,349

• 11e · Other revenue, total

  $5,507,290

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $7,016,351 · program services $7,016,351

• 2 · Grants to domestic individuals

  total $4,759 · program services $4,759

• 3 · Grants to foreign organizations and individuals

  total $13,796,439 · program services $13,796,439

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $5,896,326 · program services $1,313,973 · management and general $3,896,475 · fundraising $685,878

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $155,108,289 · program services $131,425,496 · management and general $16,874,589 · fundraising $6,808,204

• 8 · Pension plan contributions

  total $10,229,502 · program services $7,661,075 · management and general $1,878,903 · fundraising $689,524

• 9 · Other employee benefits

  total $5,612,088 · program services $4,996,203 · management and general $614,088 · fundraising $1,797

• 10 · Payroll taxes

  total $8,284,994 · program services $7,595,851 · management and general $316,427 · fundraising $372,716

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $1,404,883 · program services $85,675 · management and general $1,319,208

• 11c · Fees: accounting

  total $663,267 · program services $222,958 · management and general $440,309

• 11d · Fees: lobbying

  total $22,840 · management and general $22,840

• 11e · Fees: professional fundraising services

  total $1,242,777 · fundraising $1,242,777

• 11f · Fees: investment management

  total $3,628,707 · management and general $3,628,707

• 11g · Fees: other

  total $27,437,274 · program services $24,699,907 · management and general $2,439,110 · fundraising $298,257

• 12 · Advertising and promotion

  total $5,441,719 · program services $4,375,787 · management and general $79,159 · fundraising $986,773

• 13 · Office expenses

  total $6,957,142 · program services $5,815,973 · management and general $772,819 · fundraising $368,350

• 14 · Information technology

  total $3,117,167 · program services $1,167,278 · management and general $1,804,984 · fundraising $144,905

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $10,956,426 · program services $10,760,022 · management and general $196,404

• 17 · Travel

  total $21,483,876 · program services $20,574,036 · management and general $767,883 · fundraising $141,957

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $1,443,511 · program services $1,103,631 · management and general $229,292 · fundraising $110,588

• 20 · Interest

  total $5,505,760 · program services $5,505,760

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $29,745,178 · program services $29,323,195 · management and general $418,756 · fundraising $3,227

• 23 · Insurance

  total $7,641,443 · program services $6,834,984 · management and general $460,459 · fundraising $346,000

• 24a · Other expenses: FOOD AND FORAGE

  total $3,637,753 · program services $3,637,753

• 24b · Other expenses: REPAIRS AND MAINTENANCE

  total $10,240,845 · program services $9,776,131 · management and general $255,804 · fundraising $208,910

• 24c · Other expenses: CURRENCY EXCHANGE LOSS

  total $2,237,795 · program services $2,237,795

• 24d · Other expenses: SUPPLIES

  total $22,216,154 · program services $20,616,585 · management and general $1,321,327 · fundraising $278,242

• 24e · All other expenses

  total $2,654,948 · program services $1,018,135 · management and general $542,173 · fundraising $1,094,640

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $41,038,134 · end of year $21,505,391

• 2 · Savings and temporary cash investments

  beginning of year $92,609,883 · end of year $125,756,001

• 3 · Pledges and grants receivable

  beginning of year $142,990,712 · end of year $129,639,521

• 4 · Accounts receivable

  beginning of year $2,251,521 · end of year $755,882

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $3,327,554 · end of year $3,960,014

• 9 · Prepaid expenses and deferred charges

  beginning of year $15,293,454 · end of year $19,772,046

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

  $884,769,259

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

  $451,665,386

• 10c · Land, buildings and equipment, net

  beginning of year $439,965,497 · end of year $433,103,873

• 11 · Investments: publicly traded securities

  beginning of year $18,662,500 · end of year $18,517,258

• 12 · Investments: other securities

  beginning of year $505,016,881 · end of year $491,889,219

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $10,213,862 · end of year $4,724,739

• 17 · Accounts payable and accrued expenses

  beginning of year $84,342,345 · end of year $84,709,072

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $45,212,110 · end of year $43,341,530

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $213,537,712 · end of year $212,651,858

• 27 · Net assets without donor restrictions

  beginning of year $413,115,435 · end of year $404,891,388

• 28 · Net assets with donor restrictions

  beginning of year $515,162,396 · end of year $504,030,096

The filer's explanations (Part III)

PART I, LINE 1A - FRINGE OR EXPENSE EXPLANATION

WCS compensation for officers and key employees has three main components: (1) cash compensation in the form of base salary and, for specific positions, taxable cash allowances for certain business expenses in lieu of reimbursement (e.g., automobile allowance) and, in certain circumstances, taxable tuition allowance, incentive compensation and discretionary performance bonuses; (2) non-cash taxable and non-taxable benefits (e.g., group life, tax preparation(for WCS President Only), health and life insurance); 3) in certain circumstances, deferred compensation. The following provides required responses to Part I lines 1a, 4b, and 6a as well as other Supplemental information on base compensation (Column Bi): As required by Form 990, base compensation includes employees' regular, sick and vacation pay for the calendar year ending December 31, 2022 as reported on the employees' W-2 Box 5. Base compensation excludes pre-tax deductions for health insurance premiums and flexible spending account contributions; these pre-tax deductions are reported as part of Column D as required by Form 990 instructions. Supplemental information on other reportable income (Column Biii) including disclosure required for Part I, Line 1a on housing use: The totals in Column Biii include the following components of taxable income reported on the employee's W-2 for 2022: For President and CEO Cristian Samper the fair market value of housing, totaling $126,000. DR. samper also received $50,671 in reimbursements for children's tuition expense pursuant to his employment agreement. Mr. Menzi received $48,000 in reimbursement for a housing allowance pursuant to his employment agreement. any payments for compensation under multi-year supplemental non-qualified compensation plans which vested are reported in Column Biii. These payments were reported as taxable income on the employee's W-2 for 2022. For Cristian Samper the payment was $425,000 of which $425,000 was reported as deferred compensation in previous years. For James Breheny the payment was $143,388 of which $143,388 was reported as deferred compensation in previous years. For Christopher McKenzie the payment was $191,197 of which $191,197 was reported as deferred compensation in previous years. Column Biii also includes the value of taxable group life premiums, and any tuition reimbursement and taxable allowances for automobile and cell phone use, any payment for earned and unused vacation days at separation, and in the case of the President and CEO, a tax preparation fee which is a non-cash taxable benefit, provided to certain officers and key employees. Automobile and cell phone allowance, if provided, are made in lieu of reimbursement for those business expenses. As a condition of employment and for the convenience of WCS, the President and CEO is required to reside in a WCS-owned apartment at which fundraising and other meetings are held for WCS's purpose and benefit. The apartment is centrally located to facilitate travel to all of WCS's New York City locations. WCS treats the rental value of the apartment as a taxable benefit. Supplemental information on retirement and other deferred compensation (Column C), including disclosure required for Part I, line 4b on non-qualified retirement plans; Column C has two components: the estimated present value of accrued qualified pension benefit earned in calendar 2022, and the estimated accrued value of the supplemental non-qualified retirement plans currently in force but not yet vested. These non-qualified plans are described as follows: WCS has established supplemental non-qualified retirement plans to provide retirement benefits to executives which would otherwise be lost due to statutory limitations and for the purpose of retaining talent. For retention purposes, these plans are payable on various pre-determined vesting dates set for each participant. Payment is subject to the achievement of certain service requirements provided that the individual is employed by WCS through the vesting date or in certain other limited circumstances. eight individuals participated in these plans during the reporting period, and the estimated accruals not yet vested are a component of deferred compensation reported in Column C for eight of the individuals: (note that these accruals are reported again below in the disclosure for Part I, line 4.) Cristian Samper, President and CEO $0; Robert Menzi, Executive Vice President and Chief Operating Officer $27,193; John F. Calvelli, Executive Vice President for Public affairs $22,148; James J. Breheny, Executive Vice President and General Director Zoos and Aquarium and Director, Bronx Zoo $44,062; Christopher J. McKenzie, Senior Vice President and General Counsel $43,002; Joseph Walston, Vice President of Field Conservation $6,724; Laura Stolzenthaler, Senior Vice President and Chief Financial Officer $14,699, Paula Hayes, Executive Vice President and Chief of Global Resources $62,921. Supplemental information on non-taxable benefits (Column D) and disclosure required for Part I, line 1a: Column D includes the value of qualified health, dental and long-term disability insurance provided to WCS employees and pre-tax employee contributions to health insurance premiums and flexible spending plans. For James Breheny, Executive Vice President and General Director Zoos and Aquarium and Director, Bronx Zoo, Column D includes $24,000 for the imputed rental value of housing. As a condition of employment and for the convenience of WCS, Mr. Breheny is required to live in WCS housing on zoo grounds and WCS treats the value of such housing as a non-taxable benefit.

Part I, Line 4 - Severance, Nonqualified, and Equity-Based Payments

Severance Non-qualified Equity-Based Cristian Samper 0 0 0 Robert Menzi 0 27,193 0 John F. Calvelli 0 22,148 0 James J. Breheny 0 44,062 0 Christopher J. McKenzie 0 43,002 0 Joseph Walston 0 6,724 0 Laura Stolzenthaler 0 14,699 0 Paula Hayes 0 62,921 0

Part I, Line 7 -NON-FIXED PAYMENTS PROVIDED

Three executives , one senior vice president and one vice president received a non-fixed payment in calendar year 2022, Cristian Samper, President and CEO received $75,000; Robert Menzi, Executive Vice President and Chief Operating Officer received $10,000; James Breheny, Executive Vice President Director of Zoos and Aquarium $25,000; Mary Dixon, Senior Vice President for Communications received $20,000; Craig Piper, Vice President and Director of City Zoos received $60,000. These were a one-time discretionary bonuses in recognition of extraordinary accomplishments during the prior year. The payments were reported as taxable income on the employee's 2022 w-2. Part I, Line 6A Disclosure required for part I, Line 6A regarding contingent compensation (Column Bii); this column reports $40,452 incentive payment to niko radjenovic, vice president for business services, for the previous fiscal year. As a condition of his employment, Mr. Radjenovic receives a portion of his compensation as a variable incentive payment determined by a formula based on net income results of certain auxiliary services departments in his division during the fiscal year. The reported $40,452 payment was made for the fiscal year ending June 30, 2022 and was reported as taxable income on Mr. Radjenovic's 2022 W-2.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• Makira Carbon Company LLC

  conservation · DE · income $0 · assets $52,878

  Directly controlled by WCS

• Tierra de Guanacos LLC

  conservation · DE

  Directly controlled by TIERRAS LL

• Tierra de Truchas LLC

  conservation · DE

  Directly controlled by Tierras LL

• TIERRAS LLC

  CONSERVATION · DE

  Directly controlled by WCS

• Conservation Livelihoods Int'l LLC

  LIVeliHOODS · DE

  Directly controlled by WCS

• SEIMA CARBON COMPANY LLC

  CONSERVATION · DE · income $2,090,181 · assets $26,332,562

  Directly controlled by WCS

• Conservation Flight LLC

  AIRCRAFT · DE · assets $0

  Directly controlled by WCS

• WCS CONSERVATION ENTERPRISES LLC

  Conservation · DE · assets $0

  Directly controlled by WCS

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• 182 Flight Corp

  c · aircraft · DE · 100% owned · controlled entity

  Directly controlled by wcs

• Wildlife Conserv & Science (MalaysiA)

  C · conservATION · MY · 83.33% owned · share of income $1,003,965 · share of assets $778,149 · controlled entity

  Directly controlled by WCS

• Tierra de Guanacos LLC Uno LIMITADA

  C · conservATION · CI · controlled entity

  Directly controlled by Truch & Gu

• Tierra de Guanacos LLC Dos Limitada

  C · conservATION · CI · controlled entity

  Directly controlled by Truch & GU

• CHARITABLE REMAINDER TRUSTS (1)

  TRUST · N/A · NY · controlled entity

  Directly controlled by WCS

• POOLED INCOME FUNDS (8)

  TRUST · N/A · NY · controlled entity

  Directly controlled by WCS

• BATAGUR CO LTD

  C · CONSERVATION · CB · 49% owned · controlled entity

  Directly controlled by WCS

• Ibis Rice CONSERVATION CO LTD

  C · AGRICULTURE · CB · 100% owned · controlled entity

  Directly controlled by WCS

• SVC SAM VEASNA CONSERVATION TOURS CO L

  C · ECOTOURISM · CB · controlled entity

  Directly controlled by WCS CONSERVATIO