Overview
What is Memphis Zoological Society?
The Memphis Zoological Society is a dedicated nonprofit organization based in Memphis, Tennessee, with a workforce of 593 employees. Their primary mission is to effectively manage and support the Memphis Zoo and Aquarium, with a focus on wildlife preservation through education, conservation, and research. They engage in fundraising campaigns and programs to secure capital funds from both public and private sectors for the enlargement and improvement of the zoo. Additionally, they are committed to marketing and promoting the zoo, raising private sector funds for various activities, and stewarding the funds raised efficiently. In collaboration with the City of Memphis and its Parks Department, they engage in long-term planning for the zoo's expansion and adopt, implement, and complete approved master plans.
Official website here: www.memphiszoo.org
What are the reviews and ratings of this charity?
90% rating from Charity Navigator indicates that Memphis Zoological Society is highly rated with a Four-Star out of Four Stars designation. This score reflects strong accountability and financial management, highlighted by a fully independent board and comprehensive oversight measures. The organization shows its commitment to transparency with well-documented policies in various areas, including conflict of interest and whistleblower protections.
While the financial metrics are promising, with an impressive program expense ratio of over 85%, there are some concerns raised in user feedback regarding customer service. A review noted dissatisfaction with the management's approach to customer interactions, describing them as rude and unhelpful. This suggests that while the organization excels in financial and operational aspects, there may be challenges in the visitor experience related to staff behavior.
Overall, the Memphis Zoological Society demonstrates robust financial health and governance, but it may need to address service quality to enhance visitor satisfaction and further solidify its reputation in the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Memphis Zoological Society legitimate?
Memphis Zoological Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Zoological Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,066,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,220,974
For more financial information, click here
Official website here: www.memphiszoo.org
What is the mission statement of Memphis Zoological Society?
The Memphis Zoological Society is committed to managing and supporting the Memphis Zoo and Aquarium, working towards creating one of the world's great zoos. Their dedicated staff and volunteers strive to provide a naturalistic and enriching sanctuary for animals and a clean, friendly, entertaining, and educational experience for guests. The society's efforts include managing, marketing, and promoting the zoo, raising funds for improvements, and assuring the proper application of these funds. They also support the educational, recreational, and conservation programs of the zoo, collaborating with partners for long-term planning and implementation of master plans.
Official website here: www.memphiszoo.org
Who is the CEO of Memphis Zoological Society?
Matthew Thompson is the President & Ceo of Memphis Zoological Society. The CEO's salary of Memphis Zoological Society is $172,039 and their total compensation is $179,427.
Official website here: www.memphiszoo.org
What is the revenue of Memphis Zoological Society?
Memphis Zoological Society's revenue in 2022 was $24,751,467.
Official website here: www.memphiszoo.org
Who are the executives of Memphis Zoological Society and what are their salaries?
The average compensation at Memphis Zoological Society during 2022 was $19,035. There are 593 employees and 661 volunteers at Memphis Zoological Society.
Here are 34 key members and their salaries (Memphis Zoological Society's CEO's salary is $172,039 and their total compensation is $179,427):
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- Compensation: $172,039
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- Other: $11,071
Official website here: www.memphiszoo.org
Where can I find the form 990 for Memphis Zoological Society?
Memphis Zoological Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.memphiszoo.org
Learn more at the official website: www.memphiszoo.org
Mission Statement of Memphis Zoological Society
The Memphis Zoological Society is a dedicated organization that manages and supports the Memphis Zoo and Aquarium in their mission to preserve wildlife through education, conservation, and research. With a commitment to creating a naturalistic and enriching sanctuary for animals and providing a clean, friendly, entertaining, and educational experience for guests, the Memphis Zoological Society is working tirelessly to build one of the world's great zoos.
The dedicated staff and volunteers of the Memphis Zoological Society are primarily responsible for managing, marketing, and promoting the Memphis Zoo, raising funds from the private sector for various activities and the operation of the zoo, and acting as a steward for the funds raised. They are also engaged in long-range planning, in partnership with the City of Memphis and the Memphis Parks Department, to ensure the adoption, implementation, and completion of master plans for the improvement and expansion of the Memphis Zoo. Through these efforts, the Memphis Zoological Society supports the educational, recreational, and conservation programs and objectives of the Memphis Zoo.
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Impact
October, 2024
The Memphis Zoological Society significantly impacts wildlife conservation, education, and research through its management and support of the Memphis Zoo and Aquarium. Its initiatives aim to position the zoo as a premier metropolitan facility, essential for the Memphis community. By engaging in fundraising campaigns, the Society secures essential capital funds from both public and private sectors, which are vital for the zoo's expansion and improvement.
In terms of educational outreach, the Society supports comprehensive programs that enhance visitor experiences, fostering a deeper understanding of wildlife and conservation efforts. Its partnerships with the City of Memphis and its Parks Department facilitate long-range planning and the implementation of strategic initiatives to improve the zoo's facilities and programs.
The Society's commitment to stewardship ensures that funds raised are utilized efficiently, directly enhancing the operational capabilities of the zoo. Through its dedicated staff and volunteers, the Memphis Zoological Society creates a naturalistic and enriching environment for animals while providing a clean, friendly, and informative experience for guests, thus playing a crucial role in the promotion of wildlife conservation and education in the community.
This information is meant to be a general summary of Memphis Zoological Society. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $487,505
- Program Service Revenue: $14,562,742
- Gross Receipts: $27,157,482
Assets and Liabilities:
- Total Assets: $21,810,761
- Total Liabilities: $7,441,182
- Net Assets: $14,369,579
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GATE REVENUES & SALES
Revenue
$8,410,916
CONCESSIONS & CONTRACTS
Revenue
$4,851,600
VISITOR SERVICES
Revenue
$1,107,746
EDUCATION REVENUE
Revenue
$192,480
Organization Details
Founding Year
1951
Phone
(901) 333-6500Principal Officer
Matthew Thompson
Main Address
2000 PRENTISS PLACE, MEMPHIS, TN, 38112
Website
www.memphiszoo.orgNTEE Category
Code: D500 - Animals
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