Racine Zoological Society
- Assets
- $8.3m
- Revenue
- $4.4m
- Investments
- $215.8k
- Employees
- 91
- Location
- Racine, WI
- Founding
- 03/1957
- Data as of
- 12/2021
- EIN
- 39-6065035
Organization Overview
Racine Zoological Society is located in Racine, WI. The organization was established in 1957. 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, Racine Zoological Society employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Racine Zoological Society 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, Racine Zoological Society generated $4.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $2.5m 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
TO OPERATE & MAINTAIN THE RACINE ZOOLOGICAL GARDENS FOR THE ADVANCEMENT OF EDUCATION, CONSERVATION, SCIENTIFIC STUDIES, & RECREATION IN ALL APPROPRIATE WAYS FOR THE CONTINUED GROWTH & IMPROVEMENT OF THE ZOO IN THE BEST INTERESTS OF THE RACINE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RACINE ZOOLOGICAL SOCIETY (RZS) OPERATES A ZOOLOGICAL PARK THAT FEATURES EXOTIC AND DOMESTIC ANIMALS AND PARTICIPATED IN CONSERVATION PROGRAMS FOR RARE AND ENDANGERED SPECIES DURING 2021. THE SOCIETY PROVIDED EDUCATIONAL PROGRAMS FOR SCHOOL GROUPS AND ZOO GUESTS. THE SOCIETY ADMINISTERED 1,678 PROGRAMS (INCLUDING BIRTHDAY PARTIES, ZOO SNOOZES, CAMPS, ETC.) AND HOSTED 56 FIELD TRIPS. TOGETHER THESE PROGRAMS REACHED APPROXIMATELY 42,557 PEOPLE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Heidorn Executive Director | Officer | 40 | $100,360 |
Ralph Malicki Chair | OfficerTrustee | 1 | $0 |
Samantha Anderegg-Boticki Secretary | OfficerTrustee | 1 | $0 |
Neil Staeck Treasurer | OfficerTrustee | 1 | $0 |
John Crimmings Director | Trustee | 1 | $0 |
Jane Batten Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $200,863 |
| Related organizations | $0 |
| Government grants | $1,300,166 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,363,041 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,864,070 |
| Total Program Service Revenue | $901,123 |
| Investment income | $181,323 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $163,514 |
| Net Gain/Loss on Asset Sales | $158,550 |
| Net Income from Fundraising Events | -$82,184 |
| Net Income from Gaming Activities | $9,535 |
| Net Income from Sales of Inventory | $190,599 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,386,530 |
| 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. | $108,045 |
| Compensation of current officers, directors, key employees. | $10,545 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $957,303 |
| Pension plan accruals and contributions | $18,546 |
| Other employee benefits | $114,401 |
| Payroll taxes | $71,216 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,867 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,269 |
| Fees for services: Other | $55,808 |
| Advertising and promotion | $64,058 |
| Office expenses | $29,064 |
| Information technology | $22,456 |
| Royalties | $0 |
| Occupancy | $526,666 |
| Travel | $25,488 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,757 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,858 |
| Insurance | $50,960 |
| All other expenses | $14,656 |
| Total functional expenses | $2,452,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $959,768 |
| Savings and temporary cash investments | $3,442,659 |
| Pledges and grants receivable | $62,011 |
| Accounts receivable, net | $3,621 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $37,504 |
| Prepaid expenses and deferred charges | $27,192 |
| Net Land, buildings, and equipment | $173,056 |
| Investments—publicly traded securities | $2,539,664 |
| Investments—other securities | $215,816 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $856,966 |
| Total assets | $8,318,257 |
| Accounts payable and accrued expenses | $405,597 |
| Grants payable | $0 |
| Deferred revenue | $87,202 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,321,098 |
| Total liabilities | $1,813,897 |
| Net assets without donor restrictions | $5,461,270 |
| Net assets with donor restrictions | $1,043,090 |
| 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 | $8,318,257 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Racine Zoological Society has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Ruffo Family Foundation Inc Racine, WI PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
Endowment Analysis
| Beg. Balance | $3,392,700 |
| Earnings | $357,637 |
| Admin Expense | $24,189 |
| Grants | $113,702 |
| Ending Balance | $3,612,446 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Binder Park Zoological Society Inc Battle Creek, MI | $12,225,124 | $8,541,958 |
Great River Greening Saint Paul, MN | $810,466 | $2,451,763 |
Racine Zoological Society Racine, WI | $8,318,257 | $4,386,530 |
Lake Superior Zoological Society Duluth, MN | $1,603,774 | $3,031,523 |
Saginaw Valley Zoological Society Saginaw, MI | $6,926,046 | $5,209,594 |
Potter Park Zoological Society Lansing, MI | $1,083,913 | $1,629,030 |
Wilderness Trails Animal Park Inc Birch Run, MI | $582,946 | $958,983 |
Sable Inc Arcola, IL | $208,269 | $56,694 |
Miller Park Zoological Society Bloomington, IL | $1,180,824 | $425,904 |
Dominos Farms Petting Farm Ann Arbor, MI | $289,191 | $314,654 |
Presidents Council Of Pha Highrises Of St Paul Saint Paul, MN | $55,329 | $0 |
Greater Madison Conservation Society Inc Madison, WI | $116,691 | $0 |