NATIONAL AUDUBON SOCIETY INC
Mission Statement
For more than a century Audubon has protected birds and their habitat for the benefit of humanity as well as the earth's biodiversity. Our legacy is built on science, education, advocacy, and on-the-ground conservation. We bring all of this together through our unparalleled network. This combination of expertise and on-the-ground engagement makes Audubon a truly unique and trusted force for conservation. Audubon's mission is more urgent today than ever before. Natural habitat and open spaces are disappearing at an alarming rate. Protections for wildlife, natural places, and clean air and water are in jeopardy. By protecting birds, we're also safeguarding America's great natural heritage for future generations, preserving our shared quality of life and fostering a healthier environment for us all.???
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.1% | 88.0% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.8% | 6.1% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
16.1% | 5.5% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
14534.7% | 14332.1% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
42.8 mo | 10.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
7.8% | 26.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
91.5% | 93.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
4.1% | 3.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.8% | 13.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.8% | -1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $156.1M | $158.9M | $566.0M | 78.1% | 1082 |
| 2022 | $150.0M | $146.0M | $543.3M | 79.4% | 985 |
| 2021 | $171.2M | $123.4M | N/A | — | 963 |
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