2011-10-12T12:18:46-00:00 2010-12-31 Blackman Kallick 10 S Riverside Plaza 9th floor Chicago IL 60606 990 2010-01-01 362167016 Chicago Zoological Society CHIC 7086888400 3300 Golf Road Brookfield IL 60513 Stuart D Strahl PhD 2011-07-19 true 3122071040 2011-07-19 2010 2016-03-07 17:11:31Z Stuart D Strahl PhD 3300 Golf Road Brookfield IL 60513 114855708 false X www.czs.org X 1921 IL To inspire conservation leadership by connecting people with wildlife and nature. To inspire conservation leadership by connecting people with wildlife and nature. 48 45 1525 809 1365618 31186720 45108630 19512643 19245220 -1683737 2618179 11033140 11124060 60048766 78096089 175053 167073 0 35088715 37124959 190682 75000 2816703 22568880 26110344 58023330 63477376 2025436 14618713 208269444 224208432 66644924 68476877 141624520 155731555 X To inspire conservation leadership by connecting people with wildlife and nature. false false 15304395 2377017 Center for Science and Animal Well-Being CSAW More than 2500 ambassadors of the animal kingdom provide our visitors with a rare opportunity to see species from around the globe. Expert care of these ambassadors is a time-honored tradition at CZS, where innovations in husbandry techniques and pioneering breeding programs are part of the cutting edge culture of excellence. Staff in the CSAW integrate disciplines such as endocrinology, population biology, behavioral science, nutrition and veterinary science to determine the best ways to provide and continuously care for the animals. They also incorporate models and practices from around the world, and from an array of animal care professionals, to develop the best possible zoo-based animal care and management practices. 10838000 Care of Buildings and Grounds The CZS maintains over 214 acres of land and 72 buildings to exhibit over 2,500 animals. Guests see examples of our environmentally sound policies throughout the Zoo grounds including energy efficient cooling systems, plentiful recycling containers and clean burning natural gas vehicles. 8401000 6713850 Visitor Services Brookfield Zoo served over 2.2 million visitors in 2010, providing them with transportation, shops and restaurants. In addition to motorized, narrated educational tours throughout the park, the Zoo offers strollers, wheelchairs, wagons, etc. to help visitors have a more enjoyable visit. The shops make available goods which promote an interest in and understanding of the natural world and an awareness of how people around the world co-exist with the animals and the ecosystems where they live, and how choices made by humans impact the animals and the environment. The restaurants allow our visitors to stay in the park for lunch and expand the time they can enjoy the park. Visitor Services works closely with educators and designers to develop food packaging programs and select products which convey education and conservation related messages. Visitor Services also provides opportunities for families, businesses, senior groups, social clubs, etc. to hold special outings at the park where they receive admission, special tours and interaction with zoo staff. 20125000 167073 13412690 54668395 true true false true true false true true true true false false false true true true false false false true true true true true true false true true true true false false false false false false false true true true true true false false false false false false false false true X 125 1 true 1525 true true true false false false false true true false false false false X 48 45 true false false false true true false true true false false true true true true true true true true false WI IL FL X Kenneth S Kaduk 7086888315 3300 Golf Road Brookfield IL 60513 William C Kunkler III 002.00 X X 0 0 0 Corwith Hamill 002.00 X X 0 0 0 John P Grube 002.00 X X 0 0 0 Stephen P Bent 002.00 X X 0 0 0 Elizabeth Hamill Bramsen 002.00 X X 0 0 0 Merrick Elfman 002.00 X X 0 0 0 Dennis J Keller 002.00 X X 0 0 0 John W Taylor III 002.00 X X 0 0 0 Cherryl T Thomas 002.00 X X 0 0 0 Michael P Emmert 002.00 X X 0 0 0 Randall G Vickery 002.00 X X 0 0 0 Stuart D Strahl PhD 040.00 X X 433311 0 26899 Stuart B Abelson 002.00 X 0 0 0 Mrs Lee W Alberts 002.00 X 0 0 0 Cushman L Andrews 002.00 X 0 0 0 Stephen M Bartram 002.00 X 0 0 0 Robert M Beavers Jr 002.00 X 0 0 0 Edward McCormick Blair Jr 002.00 X 0 0 0 John A Carpenter 002.00 X 0 0 0 Mrs Patrick F Daly 002.00 X 0 0 0 Larry E DeMar 002.00 X 0 0 0 Vicki DeMar 002.00 X 0 0 0 Michael F DeSantiago 002.00 X 0 0 0 Joan Etten-Krall 002.00 X 0 0 0 Thomas L Fisher 002.00 X 0 0 0 Bert A Getz Jr 002.00 X 0 0 0 Graham C Grady 002.00 X 0 0 0 Philip Lee Harris 002.00 X 0 0 0 Christine E Holden 002.00 X 0 0 0 Heidi A Huizenga 002.00 X 0 0 0 Jill Javors 002.00 X 0 0 0 Barbara Levy Kipper 002.00 X 0 0 0 Angelo C Kleronomos 002.00 X 0 0 0 Fred A Krehbiel 002.00 X 0 0 0 Jack L Kubik 002.00 X 0 0 0 William O Lipinski 002.00 X 0 0 0 Mrs Barry L MacLean 002.00 X 0 0 0 Jerry Manne 002.00 X 0 0 0 Grant G McCullagh 002.00 X 0 0 0 Brett N McGinnis 002.00 X 0 0 0 Christian McGrath 002.00 X 0 0 0 Susan A Pipal 002.00 X 0 0 0 Toni Preckwinkle 002.00 X 0 0 0 Sherman F Reynolds 002.00 X 0 0 0 Philip J Rock 002.00 X 0 0 0 Mark G Sander 002.00 X 0 0 0 Nan Schaffer DVM 002.00 X 0 0 0 Kathryn Babcock Shaffer 002.00 X 0 0 0 Howard B Simpson 002.00 X 0 0 0 Todd H Stroger 002.00 X 0 0 0 Kenneth N Thompson 002.00 X 0 0 0 William E Thonn 002.00 X 0 0 0 Christoper D Traut 002.00 X 0 0 0 Cindy Zeigler 040.00 X 282334 0 22636 Kenneth S Kaduk 040.00 X 203710 0 18159 Dr Alejandro Grajal 040.00 X 179243 0 20418 Sarah Breen-Bartecki 040.00 X 166291 0 10528 Dr Dan Wharton 040.00 X 156315 0 8047 Matthew Mayer 040.00 X 165104 0 10402 Terrence Sykes 040.00 X 147636 0 17394 Thomas L Adams 040.00 X 145975 0 4983 Jerome E Johnston 040.00 X 139173 0 9376 Anna Clarke 040.00 X 146390 0 1918 2165482 150760 26 false true false Ragnar Benson Construction LLC 250 S Northwest Highway Park Ridge IL 60068 Construction General Contractor 4099739 Murphy & Miller 600 W Taylor St Chicago IL 60607 HVAC repairs and maintenance 531943 Freeborn & Peters LLP 311 S Wacker Dr Suite 3000 Chicago IL 60606 legal services 488961 Suburban Mailing Services Inc 2020 Swift Drive Oak Brook IL 60523 Printing and Mailing Services 468735 Pepper Construction 643 North Orleans Chicago IL 60654 Construction General Contractor 436186 38 4825352 1268688 33504633 5509957 669264 45108630 General Admissions 900099 5654245 5654245 Memberships 900099 5758546 5758546 Visitor Services 900099 3405354 2039736 1365618 Admissions-Internal Attractions 900099 2221639 2221639 Sponsorship Agreements 900099 965716 965716 1239720 1239720 19245220 599221 599221 3178 3178 14900 14900 14900 14900 34400704 32384924 2015780 2015780 2015780 291462 1268688 728037 -436575 -436575 69189 22064 47125 47125 12700207 3624594 9075613 3258337 5817276 Parking 900099 2125185 2125185 Transportation Rentals 900099 297812 297812 2422997 78096089 21137939 1365618 10483902 67360 67360 7500 7500 92213 92213 0 1839038 598758 440255 800025 0 28098804 24853761 2070855 1174188 549706 489238 38479 21989 4168548 3456517 502429 209602 2468863 2197288 172820 98755 0 942039 940526 1513 63550 63550 60594 10594 50000 75000 75000 141462 141462 3695224 3491505 168463 35256 1497868 1497868 5221470 4801522 211342 208606 698838 185996 476440 36402 26073 26073 3103369 2794024 280835 28510 347449 299919 9946 37584 0 351508 232294 42277 76937 1029017 1029017 0 6922704 6922704 393000 60269 332731 Change in Market Valuation of Swap Agreements 706345 706345 Loss on Retirement of Fixed Assets 352432 352432 Revenue Bond Maintenance Fees 234645 234645 322757 260553 49868 12336 63477376 54668395 5992278 2816703 182905 570210 40159930 34885623 10118254 19787618 1311052 2290110 822811 912812 263226 352791 221834557 89998830 129402597 131835727 25547000 33133000 461669 440541 208269444 224208432 5737325 5768366 5545230 5682229 47245000 47245000 64127 60831 8053242 9720451 66644924 68476877 X 118363505 119179603 16281429 29248467 6979586 7303485 141624520 155731555 208269444 224208432 14618713 -511678 X X false true true X false true X 8679902 25842204 19205470 13524906 13884261 81136743 21726385 27351867 17071581 17661814 15624369 99436016 30406287 53194071 36277051 31186720 29508630 180572759 6386136 174186623 736545 633182 1148318 498907 602399 3619351 39294 20727 24317 84338 184276448 163152699 0.94520 0.94110 X 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false true 12857 false false true 131155 false false 144012 false II-B 1A-J The Chicago Zoological Society is a private nonprofit organization that operates Brookfield Zoo on land owned by the Forest Preserve District of Cook County. Brookfield Zoo was created through an act of the Illinois Legislature and the Society annually receives partial funding from Cook County to maintain and operate the Zoo. Occasionally, the laws and regulations under which the Society was organized and is funded and operated require updating. The Society may II-B 1A-J contd advise and assist appropriate legislative bodies in this activity. It may also advocate the adoption or rejection of legislation. By virtue of a management agreement with the District, the Society is periodically called upon to advise on matters of public policy. The Society also employs certain staff and consultants to communicate with the State of Illinois, federal officials, county commissioners and other government officials, to inform those parties of the activities of the Society. II-B 1A-J contd Additionally, as required during the year, the Societys president and designated staff attend national and international professional group meetings and otherwise communicate with those groups on various pertinent matters, including the expression of opinions to appropriate congressional representatives, congressional committees or other deliberative bodies that influence public policy conerning species in danger of extinction, environmental managment, the II-B 1A-J contd biological sciences and kindred subject, and federal regulatory agency activities affecting wildlife and its management. Also, as needed from time to time, the Society contacts its members, staff and volunteers to encourage them to express their views on pending legislation that may have a direct impact on the Society and its conservation programs. 2 400682 307538 1753108 false false X X X X true false true 14012000 412000 2092000 689000 77000 15750000 11708000 344000 2586000 521000 105000 14012000 16350000 672000 -4748000 469000 97000 11708000 0.54000 0.46000 true false 215905753 86364033 129541720 5163948 3634797 1529151 764856 764856 131835727 Accrued Post Retirement Benefit Obligation 5200317 Accrued Sick Pay Benefit Obligation 1627366 Charitable Gift Annuity Obligation 428278 Market Value of Swap Agreements 2464490 9720451 78096089 63477376 14618713 65326 -577004 -511678 14107035 82004931 65326 65326 81939605 54198 -3897714 -3843516 78096089 67324641 4208494 4208494 63116147 54198 307031 361229 63477376 I 5 and 6 The Society does not maintain any donor advised funds. Other Funds consist of the Chicago Board of Trade Endangered Species Fund and the CZS Womens Board Fund. Contributions to these funds come from donors as well as proceeds from fundraising events and investment income. Grants are decided by committees as described in Schedule I. At times, donors who have given money to the fund may also sit on the granting committee but no one donor may decide on the grant awards. All grants awarded I 5 and 6 contd must follow the guidelines and processes established by CZS. CZS Board of Trustees has final approval of all Chicago Board of Trade Endangered Species Committee recommended grant awards. CZS Management has final approval of all CZS Womens Board recommended grant awards. III 1A Animal Collections, which were acquired through breeding loans, purchases and contributions, are not recognized as assets on the Statement of Financial Position. Costs to acquire collection items are recorded as decreases in unrestricted net assets in the year in which the animals are acquired. Proceeds from deaccessions are reflected as increases in the appropriate net asset class. The Societys animal collection consists of specimens with numerous attributes including taxonomic group, III 1A contd age, sex, relationship and value to other animals, endangered status and breeding potential. The Society retains a record of every animal in a permanent file. An inventory of the collection is prepared annually. Professionally trained keeper staff and population managers provide daily care for the collection and determine population needs. III 4 The more than 2500 ambassadors of the animal kingdom which make up the CZS collection provide our visitors a rare opportunity to see species from around the globe. The collection, in connection with our education programs, provides CZS the opportunity to teach guests about animals and nature, conservation and other related topcis. IV 2B The Society acts as fiscal agent for certain subgroups/committees of the AZA Species Survival Plan Groups, Taxon Advisory Groups, Strategic Action Groups or other similar organizations where the current chair of the group is a CZS staff member. These funds are tracked in a separate account on CZS books as an offsetting asset and liability. Funds expended from these accounts are subject to the same procurement policies as other CZS expenditures. When the Chair of the group changes or moves IV 2B Contd to another institution, the funds are transferred to that institution. V 4 The Societys endowment consists of 11different funds established to support a variety of CZS programs including conservation and research, education and outreach, care of the animal collection and grounds, and general operations. Additionally, the Society is the designated beneficiary of the interest income on a 1 million endowment established and maintained by the Chicago Community Trust. The CCT maintains variance power over this endowment and, accordingly, the Society has not included it V 4 Contd in its financial statements. VI 1A-E The Society operates a zoological park on land owned by the Forest Preserve District of Cook County, IL which is provided to the Society at no charge. The land site of the Zoo, accordingly, is not recorded on the Societys financial statements. All park improvements acquired by the Society are legally owned by the District. All park improvements acquired by the Society, including those acquired with district funds, are recorded as park improvements on the Societys financial statements. true Central America and the Caribbean program services conservation research field work 11532 East Asia and the Pacific grants to recipients in the region 4500 East Asia and the Pacific program services attend conservation related conference 3849 East Asia and the Pacific program services conservation related fieldwork 5052 Europe grants to recipients in the region 33058 Europe program services attend conservation related conference 9248 Europe program services conservation related fieldwork 1120 Europe program services membership in conservation organization 10838 North America fundraising 15589 North America program services attend conservation related conference 2995 South America grants to recipients in the region 36055 South America program services conservation related fieldwork 49447 South Asia grants to recipients in the region 3280 Sub-Saharan Africa grants to recipients in the region 15320 Sub-Saharan Africa program services conservation related fieldwork 8427 210310 210310 Europe conservation research fieldwork 20000 wire transfer South America conservation research and conservation education fieldwork 9000 wire transfer 2 Conservation research fieldwork Europe 3 13058 wire transfer Conservation research fieldwork East Asia and the Pacific 1 4500 wire transfer Conservation research fieldwork South America 3 15950 wire transfer Conservation education fieldwork South America 1 1105 wire transfer false false false false false false I 2 The Society awards grants through its Chicago Board of Trade Endangered Species Fund CBT ESF. The grant cycle is 2 times per year. Grant proposals are reviewed by a team of approximately 20 reviewers. All proposals must be endorsed by an IUCN Species Survival Committee or other major, internationally known conservation organization, the AZA/WAZA, or other major zoo organization. For any individuals/organizations who are not US Citizens/entities, the Society checks the most recent OFAC Control I 2 Contd List of Specifically Designated and Blocked Persons as well as the Consolidated List established and maintained by the 1267 Committee with respect to Al-Qaida, Usama bin Laden, and the Taliban and other individuals, groups, undertakings and entities associated with them. Approximately 50,000 is awarded each cycle, usually in amounts of 2,000 to 5,000 per grant. Final award recommendations are presented to the Executive Committee of the Board of Trustees by the CBT ESF Committee members. I 2 Contd Status reports are required from recipients 6 months after the receipt of the funds. Final reports are due 1 year after receipt of the funds along with a final accounting of the grant funds expended. In addition, other grant funds are given by the Society to major, internationally known conservation organizations in support of their general conservation mission. These contributions are determined annually by Society management and approved by the Board as part of the annual operating budget. I 3 col F , Part II line 1, and Part III All expenditures are reported using the accrual method of accounting. X X X X X X X true Hurley and Associates 2130 Lincoln Park West 15 South Chicago IL 60614 Consulting-Leadership Campaign false 680238 20000 660238 Patricia J Hurley and Associates 205 W Wacker Drive Suite 1400 Chicago IL 60606 Consulting-Whirl Gala false 1296373 55000 1241373 1976611 75000 1901611 FL IL WI Whirl Gala 1296373 1079223 217150 146420 74851 10000 327661 Wines in the Wild 197951 142161 55790 14465 595 87807 1 65826 47304 18522 12700 32225 21313 1560150 1268688 291462 159120 121541 10595 436781 728037 -436575 69189 20462 1602 true 0.88000 69189 20462 1602 22064 47125 IL true false true false 0.90000 0.10000 Heather Bilcer CZS Controller 3300 Golf Road Brookfield IL 60513 false S Breen-Bartecki VP Cons Funding 400 As VP of CFI, Ms. Breen spend a small portion of her time supervising the raffle. X false true St Louis Friends Assoc One Government Dr St Louis MO 63110 430788060 501C3 20000 Conservation Research CBSG Global Conservation Network 12101 Johnny Cake Ridge Rd Apple Valley MN 55124 411719362 501C3 16000 Conservation Research American Association of Zookeepers 3601 SW 29th St Topeka KS 66614 237274856 501C3 6000 general operating support American Assoc of Zoological Parks and Acquariums 8403 Colesville Rd Silver Springs MD 20910 550526930 501C3 6000 endowmt and gen op spt 4 Educ. Scholarship for Conservation Science Studies 3 7500 I 2 CZS awards grants and assistance through a variety of programs. For awards under the CBT ESF program, as well as general contributions to major conservation organizations, see details in Schedule F, part IV. CZS also provides grants and assistance through its educational scholarship programs and bus stipends programs. CZS maintains records to substantiate amounts, elegibility and selection criteria. Procedures are in place to monitor grants to ensure they are used for proper purposes including, I 2 Contd where applicable, periodic reporting by the grantee. X X true true X X X X X false false false false false false false false false Stuart D Strahl PhD 368784 25000 39527 8250 18649 460210 Cindy Zeigler 249588 32500 246 4235 18401 304970 Kenneth S Kaduk 192936 10000 774 5042 13117 221869 Dr Alejandro Grajal 178525 718 3627 16791 199661 Sarah Breen-Bartecki 165905 386 4537 5991 176819 Dr Dan Wharton 153758 2557 4311 3736 164362 Matthew Mayer 154835 10000 269 4398 6004 175506 Terrence Sykes 147348 288 626 16768 165030 Thomas L Adams 143630 2345 4015 968 150958 I 1A As provided for in the executive employment agreement approved by the Board of Trustees, the President received a housing allowance and a gross up payment equivalent to the tax obligation for the value of Society provided life insurance. Both were treated as taxable compensation to the President. Village of Brookfield Cook County IL 366005807 112732AAD 2008-06-18 39850000 Construction and renovation of certain buildings and exhibits false false false Village of Brookfield Cook County IL 366005807 00000NONE 2005-12-22 3530000 Refinance of remaining Series 1995A Bonds false false false 39850000 595445 296598 30508136 9208730 false false false true false false false false false 0.00900 0.00900 true false true true The Northern Trust Co 0000000007.000000000000 false false false false false false true true The Northern Trust Co 0000000004.900000000000 false false false false true HDO Inc Trustee Bert A. Getz, Jr. serves as Director 111269 Tent Rental false Freeborn & Peters LLP Secretary of the Board Randall G. Vickery serves as a Managing Partner 488961 Legal Services false Frank W Zeigler Family Member of Cindy Zeigler, key employee 135263 employment false IV 1 During 2010, the Society used HDO, Inc. for tent rental services. Trustee Bert A. Getz, Jr. serves as a Director of HDO, Inc. This transaction followed the Societys established procurement policy and rates are competitive with market rates. IV 2 During 2010, the Society used Freeborn Peters LLP for legal services. Secretary of the Board Randall G. Vickery serves as a Managing Partner of Freeborn Peters. This transaction followed the Societys established procurement policy and rates are competitive with market rates. IV 3 During 2010, Frank W. Zeigler was employed by the Society as Sr. VP Collection and Animal Care. He is a family member of Cindy Zeigler, Sr. VP of Institutional Advancement. This transaction followed the Societys established recruiting, hiring and compensation policies. X 3 17900 cost or selling price X 10 cost or selling price X 31 192283 price of stock on gift date X 1 3300 cost or selling price X 85 X Operating Supplies 103 276146 cost or selling price X charity fundraiser items 9 27840 cost or selling price X charity auction items 115 144597 cost or selling price X charity raffle items 32 7188 cost or selling price false true false I 33 Securities - Current year contributions of stock which represent payments on pledges recorded as contribution revenue in a previous year are not included in the revenue shown on Form 990, Part VIII, Line 1g. I 33 Collection Items/Scientific Specimens - A zero amount was reported on Form 990, Part VIII, Line 1g because the Society does not capitalize its collection, as allowed under SFAS 116. Form 990 Part V 1A The fiscal, general oversight, and policies of the Society are vested in a Board of not more than 58 Trustees. As of December 31, 2009, there were 51 voting Trustees. The elected officers of the Board, the chairs of the standing committees and such other Trustees as may be appointed by the Chairman constitute the Executive Committe. The Executive Committee has the power to transact all regular business of the Society during the period between the regular Board meetings. Form 990 Part VI 2 Corwith Hamill, Honorary Chairman of the Board of Trustees and Elizabeth Hamill Bramsen, Vice-Chairman of the Board - Family Relationship Larry DeMar, Trustee and Vicki DeMar, Trustee - Family Relationship Form 990 Part VI 6 The membership of the Society is composed of up to 250 Governing Members. Up to 55 of the 58 Board of Trustees are elected by the Governing Members at their annual meeting. Governing Members are also eligible for appointment by the Societys Chairman to serve on Board committees other than the Executive Committee. Governing Members are chosen by the Nominating and Governance Committee of the Board of Trustees and voted on by the full Board of Trustees. Form 990 Part VI 7A The membership of the Society is composed of up to 250 Governing Members. Up to 55 of the 58 Board of Trustees are elected by the Governing Members at their annual meeting. Governing Members are also eligible for appointment by the Societys Chairman to serve on Board committees other than the Executive Committee. Governing Members are chosen by the Nominating and Governance Committee of the Board of Trustees and voted on by the full Board of Trustees. Form 990 Part VI 11A The IRS Form 990 is prepared by Societys management and reviewed and signed by the Societys tax advisor. The Form 990 is also reveiwed by the Audit Committee of the Board of Trustees. A copy of the final version of the form is also made available to the Board of Trustees prior to filing with the IRS. Form 990 Part VI 12C Annually, a conflict of interest form is sent out to all members of the Board of Trustees, Key employees and any employee with purchasing authority. The form covers potential conflicts through financial interests, use of Society services, privileged information and representation of Society interests. It also covers specific disclosures required by the IRS Form 990 and the Illinois AG990IL. Board of Trustee responses are reviewed by the Secretary of the Board and the Sr. VP of Finance and Admin. who together determine if a conflict exists. Employee responses are reviewed by the VP Human Resources and the Sr. VP Finance and Admin. Any conflicts are addressed to insure that all internal procedures are followed for any transactions with that individual and that all items requiring disclosure are properly noted. Any Board member with a conflict must abstain from voting on decisions involving the transaction in question. Any transactions entered into with interested persons follow the Societys established procurement policies and are provided at rates competitive with market rates. Form 990 Part VI 14 The Society has a record retention and destruction policy which it is currently in the process of updating and expanding. Form 990 Part VI 15A and 15B The Societys policy for approval of compensation arrangements with officers and certain senior employees requires review and approval of the compensation arrangement by the Executive Committee of the Board, excluding anyone who is related to or under the control of the person involved in the arrangement. The Committee relies on appropriate comparability data which indicates the types and levels of similar compensation and benefit packages for similar positions provided by similar organizations. The Committee documents the basis for its determination of the reasonableness of compensation. This process is done annually for the President, Sr. VP of Finance and Admin and the Sr. VP of Institutional Advancement in any year where there is an increase in compensation. Form 990 Part VI 19 Governing documents are available through applicable governmental agencies the conflict of interest policy and financial statements are available upon written request to the Society. Form 990 Part XII 3B Although the Society did not meet the federal expenditure threshold in 2010 to require an audit under OMB Circular A-133, the Society opted to undergo such an audit in order to maintain its low risk auditee status. The Society anticipates meeting the threshold to require an audit in 2011.