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The following financial information is a condensed version of the audited financial statements as of September 30, 2012. A copy of the audited financial statements for the year ended September 30, 2012 may be obtained upon request.
Statement of Financial Position
| Assets |
Cash and cash equivalents | $981,784 |
| Receivables | $1,024,254 |
| Investments | $6,451,738 |
Beneficial interest
in perpetual trust | $137,890 |
| Inventories | $235,948 |
| Other assets | $622,776 |
| Property and equipment, net | $16,662,671 |
| Total assets | $26,117,061 |
| Liabilities |
Line of credit | $0 |
| Accounts payable | $245,170 |
| Accrued liabilities | $558,594 |
| Unearned revenue | $62,216 |
Deferred revenue,
membership dues | $278,343 |
| Capital leases payable | $89,209 |
| Liability under trust agreement | $69,699 |
| Total liabilities | $1,303,231 |
| Net assets |
| Operating | $631,087 |
| Other unrestricted | $18,085,189 |
| Temporarily restricted | $1,952,136 |
| Permanently restricted | $4,145,418 |
| Total net assets | $24,813,830 |
| Total liabilities and net assets | $26,117,061 |
| Operating Expenses Incurred |
| Collections | 26% |
| Facilities | 26% |
| Administration & General | 17% |
| Center for Sonoran Desert Studies | 14% |
| Development | 7% |
| Art Institute | 4% |
| Design | 3% |
| Visitor Services | 3% |
| Source of Operating Revenues |
| Admissions | 32% |
| Membership | 18% |
| Contributions | 16% |
| Investment & Other | 15% |
| Concessions and Food Services | 8% |
| Grants | 4% |
| Support from Designated Funds | 4% |
| Education | 3% |
Operating Activity
Revenues and Other Support
Expenses
| Total Revenues and Other Support | $7,365,347 |
| Total Expenses | $7,290,113 |
| Change in net operating assets | $75,234 |
Net operating assets,
beginning of year | $555,853 |
Net operating assets,
end of year | $631,087 |
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