Zoo Miami Foundation Inc
- Assets
- $30.9m
- Revenue
- $8.1m
- Investments
- $26.5m
- Employees
- 72
- Location
- Miami, FL
- Founding
- 03/1958
- Data as of
- 09/2023
- EIN
- 59-6192814
Organization Overview
Zoo Miami Foundation Inc is located in Miami, FL. The organization was established in 1958. 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 09/2023, Zoo Miami Foundation Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zoo Miami 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 09/2023, Zoo Miami Foundation Inc generated $8.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $7.2m during the year ending 09/2023. While expenses have increased by 5.6% per year over the past 8 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 2021, Zoo Miami Foundation Inc has awarded 16 individual grants totaling $272,665. 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
ZOO MIAMI FOUNDATION'S MISSION IS TO INSPIRE PEOPLE TO PRESERVE NATURE AND MOTIVATE OTHERS TO JOIN US THROUGH COMMUNITY ENGAGEMENT, FUNDRAISING, AND BUILDING RELATIONSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ZOO MIAMI FOUNDATION (ZMF), FORMERLY ZOOLOGICAL SOCIETY OF FLORIDA, IS THE PRIVATE NON-PROFIT PARTNER ORGANIZATION FOR ZOO MIAMI FOUNDED IN 1956. WHILE MIAMI-DADE COUNTY OPERATES AND MAINTAINS THE ZOO, ZMF ALLOWS ZOO MIAMI TO CONTINUE MISSION-DRIVEN INITIATIVES AND ZOO ENHANCEMENTS TO ENCOURAGE AN APPRECIATION FOR THE WORLD'S WILDLIFE TO CONSERVE IT FOR FUTURE GENERATIONS. THROUGH THE GENEROSITY OF INDIVIDUALS, CORPORATIONS, FOUNDATIONS, AND GOVERNMENT ENTITIES, ZMF OPERATES ROBUST LEARNING EXPERIENCE PROGRAMS, MANAGES A LARGE VOLUNTEER BASE CONTRIBUTING MORE THAN 30,000 HOURS/YEAR, SUPPORTS VITAL CONSERVATION INITIATIVES, AND SUPPLEMENTS KEY CAPITAL PROJECTS THAT BOLSTER ANIMAL WELFARE AND GUEST EXPERIENCES AT ZOO MIAMI. WITH ONE OF THE LARGEST MEMBERSHIP BASES IN SOUTH FLORIDA, ZOO MIAMI FOUNDATION CONTINUES TO MAKE A SIGNIFICANT IMPACT CONNECTING WITH AND EDUCATING THE SOUTH FLORIDA COMMUNITY TO TAKE CONSERVATION ACTION! ZOO MIAMI FOUNDATION PARTNERS WITH NUMEROUS ORGANIZATIONS AT THE LOCAL, STATE, AND NATIONAL LEVEL INCLUDING FOUNDATIONS, CORPORATIONS, AND GOVERNMENT ENTITIES. THESE PARTNERSHIPS PROVIDE FUNDING, PROGRAM SUPPORT, VOLUNTEERS, MATERIALS/SUPPLIES, AND ADVICE THAT ENHANCES THE QUALITY OF PROGRAMS AND EXPANDS THE REACH OF OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Moore President & CEO | Officer | 40 | $245,705 |
Ronald Stayton Senior Director Of Development | Officer | 40 | $132,146 |
Wil Elgar Director | Trustee | 2 | $0 |
Eric Eikenberg Past Chair | Trustee | 2 | $0 |
Jose Felix Diaz Chair | Trustee | 2 | $0 |
John V Chibbaro Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lighting By Design Of Florida Llc Lights And Décor Installation | 9/29/23 | $222,385 |
Media Counselors Advertising | 9/29/23 | $441,080 |
Miami Airport Concession Advertising | 9/29/23 | $602,400 |
Parrot Fish Studio Graphic Design | 9/29/23 | $140,060 |
Roar Media Llc Digital Media | 9/29/23 | $209,330 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,871,247 |
| Fundraising events | $9,016 |
| Related organizations | $0 |
| Government grants | $3,212,089 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,158,557 |
| Noncash contributions included in lines 1a–1f | $12,374 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,250,909 |
| Total Program Service Revenue | $384,187 |
| Investment income | $988,163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $188,890 |
| Net Income from Fundraising Events | $249,426 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $30,455 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,126,235 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $131,179 |
| Grants and other assistance to domestic individuals. | $123,759 |
| Grants and other assistance to Foreign Orgs/Individuals | $34,400 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $377,851 |
| Compensation of current officers, directors, key employees. | $49,141 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,901,538 |
| Pension plan accruals and contributions | $29,883 |
| Other employee benefits | $182,795 |
| Payroll taxes | $173,316 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $60,000 |
| Fees for services: Accounting | $76,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $78,750 |
| Fees for services: Investment Management | $55,600 |
| Fees for services: Other | $226,814 |
| Advertising and promotion | $2,297,090 |
| Office expenses | $209,427 |
| Information technology | $65,733 |
| Royalties | $0 |
| Occupancy | $28,044 |
| Travel | $26,626 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $279 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,511 |
| Insurance | $75,965 |
| All other expenses | $46,654 |
| Total functional expenses | $7,155,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $518,723 |
| Savings and temporary cash investments | $1,652,490 |
| Pledges and grants receivable | $1,231,570 |
| Accounts receivable, net | $296,586 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $578,484 |
| Net Land, buildings, and equipment | $118,761 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $26,473,878 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,199 |
| Total assets | $30,877,691 |
| Accounts payable and accrued expenses | $283,267 |
| Grants payable | $0 |
| Deferred revenue | $143,643 |
| 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 | $7,257 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $434,167 |
| Net assets without donor restrictions | $7,874,945 |
| Net assets with donor restrictions | $22,568,579 |
| 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 | $30,877,691 |
Grants Awarded
Over the last fiscal year, Zoo Miami Foundation Inc has awarded $79,031 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ASSOCIATION OF ZOOS & AQUARIUMS PURPOSE: Hurricane relief. | $7,898 |
CHEETAH CONSERVATION FUND PURPOSE: Cheetah conservation. | $6,985 |
FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION PURPOSE: Title sponsorship / An evening with Jane Goodall | $25,000 |
CRITICAL TECH SOLUTIONS PURPOSE: Equipment purchase donation. | $6,697 |
FLORIDA INTERNATIONAL UNIVERSITY BOARD OF TRUSTEES PURPOSE: Agreement for Tortoise Project. | $32,451 |