The Houston Zoo’s budget is a crucial aspect of its operations, providing insights into its financial activities and commitment to conservation efforts. In this blog post, we’ll delve into the details of the Houston Zoo’s budget, exploring its various revenue streams, expense allocations, and economic impact on the local community.
The Houston Zoo’s Total Expenses
According to the Houston Zoo’s 2016 Form 990, the total expense for the year was $54.2 million. This figure encompasses the zoo’s various operational costs, including animal and horticultural collections, conservation programs, and other essential functions.
Commitment to Conservation
The Houston Zoo dedicates a significant portion of its annual operating budget to support its wildlife conservation program. While the exact percentage is not specified, the zoo’s commitment to conservation is evident in its numerous initiatives and projects aimed at protecting endangered species and their habitats.
Animal and Horticultural Collections
In 2016, the Houston Zoo expended $20 million on its animal and horticultural collections. This investment ensures the well-being and proper care of the diverse array of species housed at the zoo, as well as the maintenance of the lush botanical gardens that enhance the visitor experience.
Capital Spending and Economic Impact
The Houston Zoo’s capital spending during the 2013-2022 period contributed more than $524 million to local output and more than $181 million to local earnings, creating an estimated 3,450 jobs over nine years. This significant investment in the zoo’s infrastructure and facilities has had a substantial economic impact on the Houston area.
Economic Impact in 2018 and 2023
In 2018, the Houston Zoo’s operating and capital budgets, along with visitor spending, generated $242,435,755 in economic impact to the Houston area economy. In 2023, the zoo’s economic impact grew to $310 million, creating more than 2,100 jobs in the Houston metro area through local business support, tourism initiatives, and capital projects.
Revenue Streams
The Houston Zoo’s revenue comes from a variety of sources, including:
- Admission fees
- Membership fees
- Concession contract income
- Educational program fees
- Contributions
- Government grants
This diverse revenue stream allows the zoo to maintain its operations and continue its commitment to conservation, education, and community engagement.
Budget Allocation
The Houston Zoo allocates its expenses across various areas, including:
- Zoo programs (exhibition facility operations, education and conservation programs, admissions and guest relations)
- Advertising and marketing costs
- Membership development
- Management and general
- Fundraising
This balanced approach ensures that the zoo’s resources are directed towards its core mission and objectives, while also investing in essential support functions.
Conclusion
The Houston Zoo’s budget is a complex and multifaceted aspect of its operations, reflecting the zoo’s commitment to conservation, education, and community engagement. By understanding the various revenue streams, expense allocations, and economic impact, we can appreciate the vital role the Houston Zoo plays in the local community and its ongoing efforts to protect and preserve the natural world.
References:
– https://www.houstonzoo.org/blog/houston-zoo-generates-240-million-in-impact-for-the-houston-economy/
– https://projects.propublica.org/nonprofits/organizations/741590271
– https://www.houstonzoo.org/blog/houston-zoo-is-making-history/
– https://www.houstonzoo.org/plan-your-visit/prices-and-discounts/
– https://s28164.pcdn.co/files/Houston-Zoo-2020-FS.pdf