Totals
- Total revenue
- $25,890,431
- Total expenses
- $34,791,582
- Contributions and grants received
- $6,643,580
- Grants paid
- $7,735,298
- Program service revenue
- $13,466,286
- Investment income
- $118,851
- Other revenue
- $5,661,714
- Total assets, end of year
- $13,415,654
- Total liabilities, end of year
- $7,778,823
- Net assets or fund balances, end of year
- $5,636,831
- Program services expenses (Part IX)
- $29,750,257
- Management and general expenses
- $1,934,229
- Fundraising expenses
- $3,107,096
- Program service expenses (Part III)
- $29,750,257
Program services were 85.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$3,830,442
-
1c · Fundraising events
$192,500
-
1e · Government grants (contributions)
$1,425,448
-
1f · All other contributions, gifts and grants
$1,195,190
-
2a · Program service revenue: GATE REVENUES & SALES
total $7,493,189 · related or exempt $7,493,189
-
2b · Program service revenue: CONCESSIONS & CONTRACTS
total $4,683,447 · unrelated business $1,460,089 · excluded $3,223,358
-
2c · Program service revenue: VISITOR SERVICES
total $1,039,157 · related or exempt $1,039,157
-
2d · Program service revenue: EDUCATION REVENUE
total $250,493 · related or exempt $250,493
-
3 · Investment income
total $118,851 · excluded $118,851
-
8a · Fundraising events: gross income
$1,777,462
-
8a · Fundraising events: contributions included on line 1c
$192,500
-
8b · Fundraising events: direct expenses
$1,116,572
-
8c · Net income from fundraising events
total $660,890 · excluded $660,890
-
10a · Gross sales of inventory
$6,209,229
-
10b · Cost of goods sold
$1,215,893
-
10c · Net income from sales of inventory
total $4,993,336 · related or exempt $4,993,336
-
11a · Other revenue: MISCELLANEOUS
total $7,488 · excluded $7,488
-
11e · Other revenue, total
$7,488
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $7,735,298 · program services $7,735,298
-
5 · Compensation of officers, directors and key employees
total $1,123,479 · program services $532,084 · management and general $382,006 · fundraising $209,389
-
7 · Other salaries and wages
total $11,409,172 · program services $10,136,897 · management and general $452,505 · fundraising $819,770
-
8 · Pension plan contributions
total $309,297 · program services $265,362 · management and general $20,220 · fundraising $23,715
-
9 · Other employee benefits
total $980,644 · program services $859,348 · management and general $61,711 · fundraising $59,585
-
10 · Payroll taxes
total $900,735 · program services $765,648 · management and general $60,905 · fundraising $74,182
-
11b · Fees: legal
total $155,900 · program services $110,826 · management and general $11,790 · fundraising $33,284
-
11c · Fees: accounting
total $78,139 · program services $17,736 · management and general $58,693 · fundraising $1,710
-
11f · Fees: investment management
total $16,499 · management and general $16,499
-
11g · Fees: other
total $1,716,359 · program services $1,237,715 · management and general $170,920 · fundraising $307,724
-
12 · Advertising and promotion
total $146,885 · fundraising $146,885
-
13 · Office expenses
total $1,007,288 · program services $930,998 · management and general $66,749 · fundraising $9,541
-
14 · Information technology
total $708,782 · program services $410,125 · management and general $53,443 · fundraising $245,214
-
16 · Occupancy
total $1,358,173 · program services $951,200 · management and general $406,973
-
17 · Travel
total $269,668 · program services $213,252 · management and general $21,190 · fundraising $35,226
-
19 · Conferences, conventions and meetings
total $57,370 · program services $52,546 · management and general $2,498 · fundraising $2,326
-
20 · Interest
total $182,185 · program services $182,185
-
22 · Depreciation, depletion and amortization
total $3,289 · program services $3,289
-
23 · Insurance
total $423,382 · program services $377,657 · management and general $24,207 · fundraising $21,518
-
24a · Other expenses: ZOO & ANIMAL EXPENSES
total $4,667,725 · program services $3,684,178 · management and general $104,982 · fundraising $878,565
-
24b · Other expenses: RESEARCH & CONSERVATION
total $872,785 · program services $653,393 · fundraising $219,392
-
24c · Other expenses: CAPITAL PROJECTS
total $663,921 · program services $626,045 · management and general $18,938 · fundraising $18,938
-
24d · Other expenses: OTHER EXPENSES
total $4,607 · program services $4,475 · fundraising $132
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $8,692,517 · end of year $6,552,837
-
3 · Pledges and grants receivable
beginning of year $222,682 · end of year $110,330
-
4 · Accounts receivable
beginning of year $874,321 · end of year $1,933,886
-
8 · Inventories for sale or use
beginning of year $341,123 · end of year $418,835
-
9 · Prepaid expenses and deferred charges
beginning of year $1,045,781 · end of year $1,010,576
-
10a · Land, buildings and equipment: cost or other basis
$98,683
-
10b · Land, buildings and equipment: accumulated depreciation
$67,159
-
10c · Land, buildings and equipment, net
beginning of year $1,613,448 · end of year $31,524
-
11 · Investments: publicly traded securities
beginning of year $9,020,889 · end of year $3,357,666
-
17 · Accounts payable and accrued expenses
beginning of year $2,812,887 · end of year $2,610,627
-
19 · Deferred revenue
beginning of year $2,258,188 · end of year $2,056,146
-
23 · Secured mortgages and notes payable
beginning of year $2,370,107 · end of year $3,112,050
-
27 · Net assets without donor restrictions
beginning of year $11,121,312 · end of year $1,125,661
-
28 · Net assets with donor restrictions
beginning of year $3,248,267 · end of year $4,511,170
Mission and programs · 2022
Mission
THE MEMPHIS ZOOLOGICAL SOCIETY IS BUILDING ONE OF THE WORLD'S GREAT ZOOS IN MEMPHIS. OUR STAFF AND VOLUNTEERS ARE DEDICATED TO PROVIDING A NATURALISTIC AND ENRICHING SANCTUARY FOR OUR ANIMALS AND A CLEAN, FRIENDLY, ENTERTAINING, AND EDUCATIONAL EXPERIENCE FOR OUR GUESTS.
Activities or mission (Part I)
TO MANAGE AND SUPPORT THE MEMPHIS ZOO AND AQUARIUM IN ITS EFFORTS TO PRESERVE WILDLIFE THROUGH EDUCATION, CONSERVATION AND RESEARCH.
-
PROGRAM SERVICE EXPENSES WERE INCURRED IN THE ACCOMPLISHMENT OF THE FOLLOWING OBJECTIVES:TO ACT AS A MANAGER OF THE MEMPHIS ZOO. TO WORK TOWARD MAKING THE MEMPHIS ZOO THE MAJOR METROPOLITAN ZOO THAT THE CITY OF MEMPHIS NEEDS AND DESERVES.TO ENGAGE IN FUNDRAISING CAMPAIGNS AND PROGRAMS TO PROVIDE CAPITAL FUNDS FROM THE PUBLIC AND PRIVATE SECTORS FOR THE ENLARGEMENTS AND IMPROVEMENT OF THE MEMPHIS ZOO.TO BE PRIMARILY RESPONSIBLE FOR MANAGING, MARKETING AND PROMOTING THE MEMPHIS ZOO AND FOR RAISING FUNDS FROM THE PRIVATE SECTOR FOR USE IN ACTIVIITES AND THE OPERATION OF THE MEMPHIS ZOO.TO ACT AS A STEWARD FOR THE FUNDS RAISED IN THE PRIVATE SECTOR BY THE MEMPHIS ZOOLOGICAL SOCIETY AND TO ASSURE THE PROPER AND EFFICIENT APPLICATION OF SUCH FUNDS FOR THE OPERATION AND IMPROVEMENT OF THE MEMPHIS ZOO.TO SUPPORT THE EDUCATIONAL, RECREATIONAL AND CONSERVATION PROGRAMS AND OBJECTIVES OF THE MEMPHIS ZOO.IN PARTNERSHIP WITH THE CITY OF MEMPHIS AND THE CITY OF MEMPHIS PARKS DEPARTMENT, TO ENGAGE IN LONG RANGE PLANNING FOR THE MEMPHIS ZOO, ESPECIALLY TOWARDS ADOPTION, IMPLEMENTATION AND COMPLETION OF SUCH MASTER PLAN OR PLANS AS THE CITY OF MEMPHIS, THE CITY OF MEMPHIS PARKS DEPARTMENT AND THE MEMPHIS ZOOLOGICAL SOCIETY MAY MUTUALLY APPROVE.
Expenses $29,750,257 · Grants $7,735,298 · Revenue $13,776,175
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jerry ShoreJERRY SHORE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.23
-
Maria LeggettMARIA LEGGETT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.23
-
Dorothy KirschDOROTHY KIRSCH
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.23
-
David HopkinsDAVID HOPKINS
TREASURER
- Total calculated
- $0
- Hours/week
- 0.23
-
Thomas Farnsworth IIITHOMAS FARNSWORTH III
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.23
-
Diane SmithDIANE SMITH
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.23
-
Dr Jeffery WarrenDR JEFFERY WARREN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Prince ChamblissPRINCE CHAMBLISS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Tyler BeardTYLER BEARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Lydia Bors-KoefoedLYDIA BORS-KOEFOED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Samantha Boggs DeanSAMANTHA BOGGS DEAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Dr Joseph DewaneDR JOSEPH DEWANE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Delisa EddingsDELISA EDDINGS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Steve HuttonSTEVE HUTTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
James JalenakJAMES JALENAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Jason MaykowskiJASON MAYKOWSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Scott McCormickSCOTT MCCORMICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Jeff SavageJEFF SAVAGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Dr Linda TharpDR LINDA THARP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
David ThorntonDAVID THORNTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Kelly TruittKELLY TRUITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Mario WalkerMARIO WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Byrne WhiteheadBYRNE WHITEHEAD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Josh LipmanJOSH LIPMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Bram Bors-KoefoedBRAM BORS-KOEFOED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Gordon BradleyGORDON BRADLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Matthew ThompsonMATTHEW THOMPSON
PRESIDENT & CEO
- Total calculated
- $300,703
- From this org
- $285,615
- From related orgs
- $0
- Other
- $15,088
- Hours/week
- 40 + 5 related
Schedule J breakdown matched by us
- Base
- $285,615
- Bonus
- $0
- Other
- $0
- Deferred
- $12,407
- Nontaxable benefits
- $2,681
- Filer's total
- $300,703
-
James DeanJAMES DEAN
PRESIDENT & CEO
- Total calculated
- $235,286
- From this org
- $226,035
- From related orgs
- $0
- Other
- $9,251
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $226,035
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $9,251
- Filer's total
- $235,286
-
Mary Ann BeilMARY ANN BEIL
CHIEF FINANCIAL OFFICER
- Total calculated
- $163,373
- From this org
- $154,260
- From related orgs
- $0
- Other
- $9,113
- Hours/week
- 40 + 10 related
Schedule J breakdown matched by us
- Base
- $154,260
- Bonus
- $0
- Other
- $0
- Deferred
- $6,432
- Nontaxable benefits
- $2,681
- Filer's total
- $163,373
-
Michele CorreiaMICHELE CORREIA
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $147,912
- From this org
- $130,697
- From related orgs
- $0
- Other
- $17,215
- Hours/week
- 40
-
Courtney JanneyCOURTNEY JANNEY
CZO
- Total calculated
- $114,539
- From this org
- $107,498
- From related orgs
- $0
- Other
- $7,041
- Hours/week
- 40
-
Clayton JonesCLAYTON JONES
CHIEF OPERATING OFFICER
- Total calculated
- $122,705
- From this org
- $108,288
- From related orgs
- $0
- Other
- $14,417
- Hours/week
- 40
-
Nicholas HarmeierNICHOLAS HARMEIER
CHIEF MARKETING OFFICER
- Total calculated
- $131,372
- From this org
- $114,280
- From related orgs
- $0
- Other
- $17,092
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
PROGRAM SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · CHARITABLE FOUNDATION · TN
Directly controlled by MEMPHIS ZOOLOGICAL SOCIETY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421379349301147
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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