Nashville Zoo, Inc.
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$33,329,106.00
Projected Expenses
$30,458,462.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| nashville zoo at grassmere irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $34,976,521.00 | $49,123,264.00 | $19,366,460.00 |
| Total Expenses | $26,363,992.00 | $20,787,550.00 | $18,304,904.00 |
| Revenue Less Expenses | $8,612,529.00 | $28,335,714.00 | $1,061,556.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $175,380.00 | $10,791,301.00 | $2,199,738.00 |
| Contributions, Gifts, and Grants | $9,000,166.00 | $9,015,832.00 | $3,906,960.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $9,929,062.00 | $8,997,674.00 | $3,176,467.00 |
| Investment Income, Net of Losses | $118,532.00 | $2,838,803.00 | $1,719,056.00 |
| Membership Dues | $5,368,261.00 | $4,320,783.00 | $2,658,045.00 |
| Special Events | $2,890,964.00 | $1,738,713.00 | $592,322.00 |
| Revenue In-Kind | $175,727.00 | $5,774,862.00 | $2,835,865.00 |
| Other | $7,318,429.00 | $5,645,296.00 | $2,278,007.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $22,368,428.00 | $16,589,476.00 | $15,496,295.00 |
| Administration Expense | $2,468,290.00 | $2,670,376.00 | $1,558,547.00 |
| Fundraising Expense | $1,527,274.00 | $1,527,698.00 | $1,250,062.00 |
| Total Revenue/Total Expenses | 133% | 236% | 106% |
| Program Expense/Total Expenses | 85% | 80% | 85% |
| Fundraising Expense/Contributed Revenue | 6% | 7% | 7% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $9,929,062.00 | Government Grants $10,791,301.00 | Contributions, Gifts, and Grants $3,906,960.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $9,000,166.00 | Contributions, Gifts, and Grants $9,015,832.00 | Program Revenue $3,176,467.00 |
| Third Highest Funding Source & Dollar Amount | Other Revenue $7,318,429.00 | Program Revenue $8,997,674.00 | Noncash Contributions $2,835,865.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $155,796,059.00 | $146,729,311.00 | $116,578,850.00 |
| Current Assets | $40,055,261.00 | $48,172,657.00 | $30,718,359.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $8,999,429.00 | $6,496,034.00 | $5,678,014.00 |
| Total Net Assets | $146,796,630.00 | $140,233,277.00 | $110,900,836.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$21,000,000.00
What is the spending policy for your endowment?
Income Only
Capital Campaign Info
Are you currently in a Capital Campaign?
Yes
Do you anticipate a campaign in the next 5 years?
No
What is the campaign goal?
$251,000,000.00
What is the purpose of the capital campaign?
The "Grow Wild" campaign will create immersive exhibits and experiences designed to ensure the highest quality animal welfare while captivating guests with life-changing moments that transport them to the homelands and habitats of our animals. Our goal is to provide visitors of all ages a better understanding of and connection with the natural world, inspiring and empowering positive attitudes to affect change for the better. The next phase of the campaign will develop roughly 40 acres of undeveloped land into an African savanna featuring lions, hippos, cheetahs, giraffes, wildebeests, and a number of bird and primate species.
Campaign Start
June 2014
Campaign End
November 2027
Campaign Raised to Date Month
October
Campaign Raised to Date Year
2023
Campaign Raised to Date Amount
$130,911,200.00
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financials taken from the 990 and the audit. Foundation and Corporate grants may be included in the Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Financial documents completed by Cherry Bekaert LLP. Comments provided by Hayley Sulfridge 10/19/23. |
