North Carolina Zoological Society Inc
- Assets
- $47.8m
- Revenue
- $18.6m
- Investments
- $110.8k
- Employees
- 81
- Location
- Asheboro, NC
- Founding
- 03/1971
- Data as of
- 12/2021
- EIN
- 56-0990900
Organization Overview
North Carolina Zoological Society Inc is located in Asheboro, NC. The organization was established in 1971. According to its NTEE Classification (D50) the organization is classified as: Zoos & Aquariums, under the broad grouping of Animal-Related and related organizations. As of 12/2021, North Carolina Zoological Society Inc employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Zoological Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, North Carolina Zoological Society Inc generated $18.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $7.6m during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NC ZOO SOCIETY IS TO CHAMPION OUR ZOO AND ITS INITIATIVES, WILDLIFE AND WILD PLACES, WITH AN EMPHASIS ON THE FUTURE. THE NC ZOO SOCIETY IS YOUR BRIDGE TO MORE THAN A ZOO VISIT. WE MAKE YOU A PARTNER IN THE ZOO'S GLOBAL EFFORTS TO SUPPORT ANIMAL WELL-BEING, CONSERVATION, EDUCATION, FIELD WORK, RESEARCH, AND WE WELCOME YOU INTO A FAMILY THAT CARES ABOUT NATURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL AND PROMOTIONAL SUPPORT TO THE NC ZOOLOGICAL PARK AND ITS CAPITAL PROJECTS, OPERATIONS AND PROGRAM INITIATIVES - WITH A PRIORITY FOCUS ON FIELD RESEARCH, WILDLIFE CONSERVATION, SCIENCE AND WELFARE. THE SOCIETY HAS PROVIDED FUNDS FOR SPECIFIC CONSERVATION AND RESEARCH PROJECTS WORKING WITH ELEPHANTS, VULTURES AND GORILLAS IN AFRICA, RAISED FOR CAPITAL PROJECTS, ANIMAL AND HORTICULTURE PURCHASES, MARKETING, STAFFING, TRAINING, AND OPERATIONS OF A WILDLIFE REHABILITATION CENTER, A WILDLIFE LEARNING/RESIDENTIAL CENTER, AN EDUCATION WEBSITE AND OTHER PARK NEEDS.
MEMBERSHIP SERVICES (INCLUDING INFORMATION AND REFERRAL, EDUCATION, MEMBER BENEFIT AND IDENTIFCATION ADMINISTRATION, RECORD-KEEPING AND SPECIAL EVENTS) EXTEND TO MEMBER HOUSEHOLDS AND THE EMPLOYEES OF BUSINESSES ENROLLED IN THE CORPORATE MEMBER PROGRAM, AS WELL AS ALL OF THE PEOPLE AROUND THE WORLD WHO BENEFIT FROM THE PROTECTION THE SOCIETY'S PROGRAM EXTENDS TO THE NATURAL RESOURCES THEY DEPEND ON FOR SURVIVAL.
THROUGH ITS SUPPORT OF ZOO EDUCATION PROGRAMS, THE SOCIETY SERVES VISITORS AND MEMBER HOUSEHOLDS (INCLUDING N.C. SCHOOL CHILDREN). THROUGH FIELD RESEARCH AND VETERINARIAN OVERNIGHT CAMPS FOR A WIDE RANGE OF AGES, SHADOW A VET PROGRAM, EDUCATIONAL AND FAMILY-FRIENDLY BEHIND THE SCENES TOURS FOR CHILDREN AND ADULTS WHO COME TO THE PARK EACH YEAR TO LEARN ABOUT WILDLIFE AND THE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Armstrong Executive Director | OfficerTrustee | 40 | $166,956 |
Andrea King Director Of Finance And Hu | Officer | 40 | $88,565 |
John L Ruffin Chair | OfficerTrustee | 3.2 | $0 |
Therence Pickett Secretary | OfficerTrustee | 0.2 | $0 |
William E Currens Jr Treasurer | OfficerTrustee | 0.9 | $0 |
Ethan Blumenthal Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capital Development Services Inc Professional Fundraising | 12/30/21 | $264,233 |
Teupen North America Inc Tree Maintenance | 12/30/21 | $142,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,277,721 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $619,156 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,644,984 |
| Noncash contributions included in lines 1a–1f | $935,718 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,541,861 |
| Total Program Service Revenue | $0 |
| Investment income | $368,871 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,588,466 |
| Net Income from Fundraising Events | $7,136 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,004,083 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,648,155 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $298,079 |
| Compensation of current officers, directors, key employees. | $33,710 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $763,919 |
| Pension plan accruals and contributions | $79,913 |
| Other employee benefits | $98,532 |
| Payroll taxes | $74,618 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,184 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $246,949 |
| Fees for services: Investment Management | $84,806 |
| Fees for services: Other | $0 |
| Advertising and promotion | $42,380 |
| Office expenses | $185,968 |
| Information technology | $87,610 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,138 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,438 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,065 |
| Insurance | $33,782 |
| All other expenses | $51,986 |
| Total functional expenses | $7,625,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,296,106 |
| Savings and temporary cash investments | $14,156,375 |
| Pledges and grants receivable | $3,593,444 |
| Accounts receivable, net | $26,533 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $307,383 |
| Prepaid expenses and deferred charges | $62,794 |
| Net Land, buildings, and equipment | $4,072,927 |
| Investments—publicly traded securities | $22,450,888 |
| Investments—other securities | $110,813 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $689,959 |
| Total assets | $47,767,222 |
| Accounts payable and accrued expenses | $519,725 |
| Grants payable | $0 |
| Deferred revenue | $2,636,336 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $689,120 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,151,416 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,099,106 |
| Total liabilities | $6,095,703 |
| Net assets without donor restrictions | $23,635,788 |
| Net assets with donor restrictions | $18,035,731 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $47,767,222 |
Grants Recieved
Over the last fiscal year, we have identified 30 grants that North Carolina Zoological Society Inc has recieved totaling $1,046,407.
| Awarding Organization | Amount |
|---|---|
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 15 GRANT(S) FOR VARYING PURPOSES | $573,673 |
Leonard G Herring Family Foundation Inc Wilkesboro, NC PURPOSE: GENERAL SUPPORT | $110,000 |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $68,090 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $50,000 |
Conservation Centers For Species Survival Glen Rose, TX PURPOSE: CONSERVATION | $50,000 |
American Association Of Zoological Parks And Aquariums Inc Silver Spring, MD PURPOSE: CONSERVATION PROJECTS | $50,000 |
Endowment Analysis
| Beg. Balance | $6,719,805 |
| Earnings | $1,143,859 |
| Other Expense | $45,526 |
| Ending Balance | $7,818,138 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knoxville Zoological Gardens Inc Knoxville, TN | $67,432,773 | $17,092,584 |
South Carolina Aquarium Charleston, SC | $29,900,020 | $21,254,119 |
North Carolina Zoological Society Inc Asheboro, NC | $47,767,222 | $18,648,155 |
Virginia Zoological Society Norfolk, VA | $10,092,647 | $5,638,748 |
Blue Ridge Zoological Society Of Virginia Inc Roanoke, VA | $1,771,766 | $1,385,962 |
Little Ponderosa Zoo And Rescue Inc Clinton, TN | $388,335 | $663,350 |
Hollywild Animal Park Inc Wellford, SC | $321,827 | $666,863 |
Alliance Of Marine Mammal Parks And Aquariums Alexandria, VA | $588,388 | $535,596 |
Chestatee Wildlife Preserve Inc Dahlonega, GA | $376,010 | $306,935 |
American Association Of Zoo Keepers Memphis, TN | $27,891 | $0 |
Operation Save A Shelter Dog Zuni, VA | $2,273 | $0 |
Georgia Zoological Society Inc Madison, GA | $293,072 | $294,617 |