2024-05-16T10:39:34-05:00 2023-06-30 440160260 FORVIS LLP 999 S SHADY GROVE RD STE 400 MEMPHIS TN 38120 990 2022-07-01 237236155 MEMPHIS ZOOLOGICAL SOCIETY MEMP 9013336500 2000 PRENTISS PLACE MEMPHIS TN 38112 MARY ANN BEIL CFO 9013336500 2024-05-15 1 MARY ANN BEIL 999009999 1 AMY BIBBY P00445891 9017613000 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MATTHEW THOMPSON 2000 PRENTISS PLACE MEMPHIS TN 38112 28222896 0 X WWW.MEMPHISZOO.ORG X 1951 TN TO MANAGE AND SUPPORT THE MEMPHIS ZOO AND AQUARIUM IN ITS EFFORTS TO PRESERVE WILDLIFE THROUGH EDUCATION, CONSERVATION AND RESEARCH. 26 26 606 202 1460089 847094 6282510 6643580 14562742 13466286 487505 118851 3418710 5661714 24751467 25890431 0 7735298 0 0 13556957 14723327 0 0 3107096 15502349 12332957 29059306 34791582 -4307839 -8901151 21810761 13415654 7441182 7778823 14369579 5636831 X 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. 0 0 29750257 7735298 13776175 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. 29750257 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 67 0 1 606 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TN X MARY ANN BEIL 9013336575 2000 PRENTISS PLACE MEMPHIS TN 38112 JERRY SHORE CHAIRMAN 0.23 X X 0 0 0 MARIA LEGGETT VICE CHAIR 0.23 X X 0 0 0 DOROTHY KIRSCH SECRETARY 0.23 X X 0 0 0 DAVID HOPKINS TREASURER 0.23 X X 0 0 0 THOMAS FARNSWORTH III PAST CHAIR 0.23 X 0 0 0 DIANE SMITH PAST CHAIR 0.23 X 0 0 0 DR JEFFERY WARREN DIRECTOR 0.23 X 0 0 0 PRINCE CHAMBLISS DIRECTOR 0.23 X 0 0 0 TYLER BEARD DIRECTOR 0.23 X 0 0 0 LYDIA BORS-KOEFOED DIRECTOR 0.23 X 0 0 0 SAMANTHA BOGGS DEAN DIRECTOR 0.23 X 0 0 0 DR JOSEPH DEWANE DIRECTOR 0.23 X 0 0 0 DELISA EDDINGS DIRECTOR 0.23 X 0 0 0 STEVE HUTTON DIRECTOR 0.23 X 0 0 0 JAMES JALENAK DIRECTOR 0.23 X 0 0 0 JASON MAYKOWSKI DIRECTOR 0.23 X 0 0 0 SCOTT MCCORMICK DIRECTOR 0.23 X 0 0 0 JEFF SAVAGE DIRECTOR 0.23 X 0 0 0 DR LINDA THARP DIRECTOR 0.23 X 0 0 0 DAVID THORNTON DIRECTOR 0.23 X 0 0 0 KELLY TRUITT DIRECTOR 0.23 X 0 0 0 MARIO WALKER DIRECTOR 0.23 X 0 0 0 BYRNE WHITEHEAD DIRECTOR 0.23 X 0 0 0 JOSH LIPMAN DIRECTOR 0.23 X 0 0 0 BRAM BORS-KOEFOED DIRECTOR 0.23 X 0 0 0 GORDON BRADLEY DIRECTOR 0.23 X 0 0 0 MATTHEW THOMPSON PRESIDENT & CEO 40.00 5.00 X X 285615 0 15088 JAMES DEAN PRESIDENT & CEO 40.00 X X 226035 0 9251 MARY ANN BEIL CHIEF FINANCIAL OFFICER 40.00 10.00 X 154260 0 9113 MICHELE CORREIA CHIEF DEVELOPMENT OFFICER 40.00 X 130697 0 17215 COURTNEY JANNEY CZO 40.00 X 107498 0 7041 CLAYTON JONES CHIEF OPERATING OFFICER 40.00 X 108288 0 14417 NICHOLAS HARMEIER CHIEF MARKETING OFFICER 40.00 X 114280 0 17092 1126673 0 89217 8 0 1 0 PRODUCTIONONE LLC 4915 CHAMBERS CHAPEL RD LAKELAND TN 38002 EVENT PRODUCTION 538420 FIREFLY ADVENTURE PODS PO BOX 2012 BOERNE TX 78006 SEASONAL EXHIBIT LEASE 198200 CLR DESIGN 833 CHESTNUT ST STE 1000 PHILADELPHIA PA 19107 MASTER PLANNING 151505 MAHAFFEY EVENT & TENT 4985 OUTLAND CENTER DR STE 102 MEMPHIS TN 38118 EVENT RENTALS 145737 SQUARE POPS LLC 1243 RIDGEWAY RD MEMPHIS TN 38119 MEMPOPS POPSICLES 105208 7 3830442 192500 1425448 1195190 6643580 GATE REVENUES & SALES 713990 7493189 7493189 CONCESSIONS & CONTRACTS 722210 4683447 1460089 3223358 VISITOR SERVICES 713990 1039157 1039157 EDUCATION REVENUE 611710 250493 250493 13466286 118851 118851 1777462 192500 1116572 660890 660890 6209229 1215893 4993336 4993336 MISCELLANEOUS 900099 7488 7488 7488 25890431 13776175 1460089 4010587 7735298 7735298 1123479 532084 382006 209389 11409172 10136897 452505 819770 309297 265362 20220 23715 980644 859348 61711 59585 900735 765648 60905 74182 155900 110826 11790 33284 78139 17736 58693 1710 16499 16499 1716359 1237715 170920 307724 146885 146885 1007288 930998 66749 9541 708782 410125 53443 245214 1358173 951200 406973 269668 213252 21190 35226 57370 52546 2498 2326 182185 182185 3289 3289 423382 377657 24207 21518 ZOO & ANIMAL EXPENSES 4667725 3684178 104982 878565 RESEARCH & CONSERVATION 872785 653393 219392 CAPITAL PROJECTS 663921 626045 18938 18938 OTHER EXPENSES 4607 4475 132 34791582 29750257 1934229 3107096 8692517 6552837 222682 110330 874321 1933886 341123 418835 1045781 1010576 98683 67159 1613448 31524 9020889 3357666 21810761 13415654 2812887 2610627 2258188 2056146 2370107 3112050 7441182 7778823 X 11121312 1125661 3248267 4511170 14369579 5636831 21810761 13415654 X -8901151 166919 1484 X X 0 1 X 1 0 X 5686728 5229461 14547069 6282510 6643580 38389348 9823058 6363573 11962743 15217786 14992068 58359228 15509786 11593034 26509812 21500296 21635648 96748576 337275 287725 145300 231790 130000 1132090 0 337275 287725 145300 231790 130000 1132090 95616486 471823 239443 261712 499505 118851 1591334 471823 239443 261712 499505 118851 1591334 11176 6227 69164 214572 7488 308627 15992785 11838704 26840688 22214373 21761987 98648537 0.96930 0.96490 0.01610 0.01720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9156663 270758 6259015 3168406 10448060 230668 -1435157 86908 9156663 8585034 190139 1886158 213271 10448060 8292346 230269 248797 186378 8585034 7865411 217606 426959 217630 8292346 1 0 98683 67159 31524 31524 X 28374800 166919 2332465 2499384 25875416 16499 -1484 15015 25890431 37107548 2332465 2332465 34775083 16499 16499 34791582 PART V, LINE 4: ALL INCOME IS REINVESTED AND THE SOCIETY HAS NO CURRENT PLANS TO USE ANY PART OF THE INCOME OR CAPITAL OTHER THAN FOR LONG-TERM INVESTMENT. THIS POLICY IS REVIEWED PERIODICALLY BY THE SOCIETY. IF THAT PRACTICE ENDS, SUCH INCOME MAY THEN BE EXPENDED FOR GENERAL (UNRESTRICTED) PURPOSES, SUBJECT TO ANY CONSTRAINTS IN GIFT INSTRUMENTS. PART X, LINE 2: THE SOCIETY IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR TENNESSEE LAW AND HAS BEEN DETERMINED TO BE AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION. HOWEVER, THE SOCIETY IS SUBJECT TO UNRELATED INCOME TAXES FOR CERTAIN CULINARY ACTIVITIES. FEDERAL INCOME TAX EXPENSE OF $92,299 AND STATE INCOME TAX EXPENSE $28,569 HAVE BEEN RECOGNIZED IN CULINARY EXPENSES IN THE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2022. THERE WERE NO INCOME TAX EXPENSES RECOGNIZED FOR THE YEAR ENDED JUNE 30, 2021. THE SOCIETY HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 OR JUNE 30, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIFIC COSTS OF RESALE ITEMS 1,215,893. SPECIAL EVENT EXPENSES 1,116,572. PART XI, LINE 4B - OTHER ADJUSTMENTS: PLEDGE TRANSFR -1,484. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIFIC COSTS OF RESALE ITEMS 1,215,893. SPECIAL EVENT EXPENSES 1,116,572. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES PAYMENTS TO THE CHINESE PARTY TO SUPPORT CHINESE CONSERVATION PROJECTS 500000 0 0 0 0 0 0 500000 0 500000 0 0 0 0 0 0 PART III ACCOUNTING METHOD: ZOO LIGHTS 1244610 142500 1102110 605147 ZOO BOO 598709 50000 548709 162074 1 126643 126643 349351 1969962 192500 1777462 1116572 1116572 660890 1 MEMPHIS ZOOLOGICAL FOUNDATION 2000 PRENTISS PLACE MEMPHIS TN 38112 863254176 501(C)(3) 0 7735298 FMV INVESTMENTS, FARM EQUIPMENT & RELATED IMPROVEMENTS, PLEDGES RECEIVABLE PROGRAM SUPPORT 1 0 PART I, LINE 2: THE MEMPHIS ZOOLOGICAL FOUNDATION (THE "FOUNDATION") WAS ESTABLISHED TO OPERATE AS A CHARITABLE FOUNDATION WHICH SHALL INCLUDE, BUT NOT BE LIMITED TO, PROVIDING FINANCIAL SUPPORT FOR THE SOCIETY, AND ENSURING THE CONTINUITY OF THE ZOO. THE FOUNDATION IS A SEPARATELY BOARD GOVERNED CORPORATION ORGANIZED TO BE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CERTAIN MEMBERS OF THE SOCIETY'S MANAGEMENT CURRENTLY SERVE ON THE BOARD OF THE FOUNDATION. THE ACCOUNTS OF THE FOUNDATION ARE EXCLUDED FROM THE FINANCIALS STATEMENTS OF THE SOCIETY. THE SOCIETY TRANSFERRED THE FOLLOWING ASSETS TO THE FOUNDATION EFFECTIVE JULY 1, 2022. X X X 0 0 0 0 0 0 0 0 0 MATTHEW THOMPSON PRESIDENT & CEO 285615 0 0 0 0 0 12407 0 2681 0 300703 0 0 0 JAMES DEAN PRESIDENT & CEO 226035 0 0 0 0 0 0 0 9251 0 235286 0 0 0 MARY ANN BEIL CHIEF FINANCIAL OFFICER 154260 0 0 0 0 0 6432 0 2681 0 163373 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY FORVIS AND THEN REVIEWED BY THE OFFICERS OF THE ZOO AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS DISTRIBUTED TO ALL NEW EMPLOYEES AND NEW BOARD DIRECTORS. THE POLICY IS ALSO AVAILABLE ON OUR INTRANET. IN ADDITION, REQUEST INQUIRIES ARE MADE. FORM 990, PART VI, SECTION B, LINE 15A A COMMITTEE IS CONVENED BY THE CHAIRMAN OF THE BOARD TO CONSIDER AND DECIDE ON THE COMPENSATION OF THE PRESIDENT OF THE ZOO BASED ON EVALUATIONS OF SIMILAR NONPROFIT ORGANIZATIONS, INCLUDING BUT NOT LIMITED TO OTHER ZOOS. THE CHAIRMAN OF THE BOARD SENDS A LETTER TO THE CFO OF THE ZOO WITH THE DECISION MADE REGARDING THE ZOO PRESIDENT'S SALARY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AND ARE ALSO ON FILE WITH THE CITY OF MEMPHIS PARKS DEPARTMENT. THE AUDITED FINANCIAL STATEMENTS ARE ON FILE WITH THE CITY OF MEMPHIS AND ARE AVAILABLE UPON REQUEST. THE 990 IS ON GUIDESTAR AND IS ALSO AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST OR ON THE MEMPHIS ZOOLOGICAL WEBSITE. FORM 990, PART XI, LINE 9: PLEDGE TRANSFER 1,484. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE SELECTS AND ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. THE FINANCE COMMITTEE IS SELECTED FROM THE BOARD OF DIRECTORS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MEMPHIS ZOOLOGICAL FOUNDATION 2000 PRENTISS PLACE MEMPHIS TN 38112 863254176 CHARITABLE FOUNDATION TN 501(C)(3) LINE 7 MEMPHIS ZOOLOGICAL SOCIETY 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MEMPHIS ZOOLOGICAL FOUNDATION B 7735298 FMV