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The following financial information is a condensed version of the audited financial statements as of September 30, 2013. A copy of the audited financial statements for the year ended September 30, 2013 may be obtained upon request.
Statement of Financial Position
| Assets |
| Cash and cash equivalents | $834,794 |
| Receivables | $402,008 |
| Investments | $6,302,296 |
Beneficial interest
in perpetual trust | $140,965 |
| Inventories | $273,123 |
| Other assets | $518,756 |
| Property and equipment, net | $15,557,854 |
| Total assets | $24,029,081 |
| Liabilities |
| Line of credit | $0 |
| Accounts payable | $161,493 |
| Accrued liabilities | $531,913 |
| Unearned revenue | $38,068 |
Deferred revenue,
membership dues | $238,423 |
| Capital leases payable | $120,432 |
| Liability under trust agreement | $63,404 |
| Total liabilities | $1,153,733 |
| Net assets |
| Operating | $3,717 |
| Other unrestricted | $17,238,563 |
| Temporarily restricted | $1,484,125 |
| Permanently restricted | $4,148,943 |
| Total net assets | $22,875,348 |
| Total liabilities and net assets | $24,029,081 |
| Operating Expenses Incurred |
| Collections | 26% |
| Facilities | 25% |
| Administration & General | 15% |
| Center for Sonoran Desert Studies | 15% |
| Development | 9% |
| Art Institute | 4% |
| Exhibits | 3% |
| Visitor Services | 3% |
| Source of Operating Revenues |
| Admissions | 34% |
| Membership | 19% |
| Contributions | 11% |
| Investment & Other | 17% |
| 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 | $7,337,188 |
| Total Expenses | $7,964,558 |
| Change in net operating assets | ($627,370) |
Net operating assets,
beginning of year | $631,087 |
Net operating assets,
end of year | $3,717 |
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