Blank Park Zoo Foundation Inc
- Assets
- $25.1m
- Revenue
- $11.3m
- Investments
- $0.0
- Employees
- 222
- Location
- Des Moines, IA
- Founding
- 12/1981
- Data as of
- 03/2023
- EIN
- 42-1171821
Organization Overview
Blank Park Zoo Foundation Inc is located in Des Moines, IA. The organization was established in 1981. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. As of 03/2023, Blank Park Zoo Foundation Inc employed 222 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blank Park Zoo Foundation 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 03/2023, Blank Park Zoo Foundation Inc generated $11.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $9.6m during the year ending 03/2023. While expenses have increased by 5.3% per year over the past 6 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.
Since 2017, Blank Park Zoo Foundation Inc has awarded 22 individual grants totaling $232,290. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AN APPRECIATION OF THE NATURAL WORLD THROUGH CONSERVATION, EDUCATION, AND RECREATION.THE PRIMARY PURPOSES OF THE FOUNDATION ARE A) TO MANAGE THE BLANK PARK ZOO; B) TO SOLICIT, COLLECT AND PROVIDE FUNDS TO IMPROVE THE FACILITIES AND PROGRAMS OF THE ZOO; C) TO PROMOTE INTEREST AMONG THE GENERAL PUBLIC CONCERNING THE ZOO; D) TO IMPLEMENT AND ASSIST IN THE STUDY OF ZOOLOGICAL NATURAL HISTORY, ANIMAL BEHAVIOR AND THE SCIENCE ALLIED THEREWITH; E) TO PROVIDE CHARITABLE AND EDUCATIONAL ASSISTANCE IN ASSOCIATION WITH THE ZOO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT OF THE ORGANZATION'S EXEMPT PURPOSE - SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Kennedy Chairperson | OfficerTrustee | 1 | $0 |
Rochelle Burnett 1st Vice Chairperson | OfficerTrustee | 1 | $0 |
Dan Schwarz 2nd Vice Chairperson | OfficerTrustee | 1 | $0 |
Matt Gustafson Secretary/treasurer | OfficerTrustee | 1 | $0 |
Peg Armstrong-Gustafson Immediate Past Chairperson | OfficerTrustee | 1 | $0 |
Pat Henson Member-At-Large / Board Recorder | Trustee | 10.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Flynn Wright Inc Marketing | 3/30/23 | $340,381 |
Advanced Problem Solutions Llc Hvac Services | 3/30/23 | $235,212 |
Angel Concrete Corp Construction Projects | 3/30/23 | $164,300 |
Per Mar Security Services Security | 3/30/23 | $124,778 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $231,548 |
| Related organizations | $477,849 |
| Government grants | $1,105,851 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,491,171 |
| Noncash contributions included in lines 1a–1f | $274,225 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,306,419 |
| Total Program Service Revenue | $5,225,791 |
| Investment income | $23,549 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $231,362 |
| Net Gain/Loss on Asset Sales | $10,808 |
| Net Income from Fundraising Events | -$86,469 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $614,240 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,325,700 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $57,461 |
| 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. | $314,932 |
| Compensation of current officers, directors, key employees. | $151,163 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,257,934 |
| Pension plan accruals and contributions | $46,531 |
| Other employee benefits | $289,200 |
| Payroll taxes | $424,616 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $152 |
| Fees for services: Accounting | $53,744 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $77,265 |
| Advertising and promotion | $248,977 |
| Office expenses | $145,062 |
| Information technology | $79,746 |
| Royalties | $0 |
| Occupancy | $596,464 |
| Travel | $36,448 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,768 |
| Interest | $948 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,146,042 |
| Insurance | $170,585 |
| All other expenses | $80,639 |
| Total functional expenses | $9,580,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,172,792 |
| Savings and temporary cash investments | $2,762,798 |
| Pledges and grants receivable | $1,820,330 |
| Accounts receivable, net | $116,286 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $251,579 |
| Prepaid expenses and deferred charges | $170,459 |
| Net Land, buildings, and equipment | $18,516,734 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $289,337 |
| Total assets | $25,100,315 |
| Accounts payable and accrued expenses | $656,217 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $9,318 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,260,442 |
| Total liabilities | $1,925,977 |
| Net assets without donor restrictions | $20,316,199 |
| Net assets with donor restrictions | $2,858,139 |
| 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 | $25,100,315 |
Grants Awarded
Over the last fiscal year, Blank Park Zoo Foundation Inc has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL RHINO FOUNDATION PURPOSE: RHINO CONSERVATION | $10,000 |
GIRAFFE CONSERVATION FOUNDATION - USA PURPOSE: GIRAFFE CONSERVATION | $10,000 |