Financial Reports

2011 Financial Statement

The Year in Numbers:

REVENUES

Contributions
$30,057,595
Gross Merchandise Sales
$1,032,139
Interest, Dividends, Royalties, and Other Income
$1,255,459
Total Revenues
$32,345,193
   

OPERATING EXPENSES

Programs  
   International Grassroots Campaigns
$7,568,666
   Public Outreach and Education
$10,106,819
   Research, Investigations and Rescue
$10,680,673
   Cruelty-Free Merchandise Program
$1,398,431
   Supporting Organization Activities $2,017,504
Membership Development
$5,130,193
Management and General Expenses
$491,898
Total Operating Expenses
$37,394,184
   

CHANGE IN NET ASSETS

($5,048,991)
Net Assets Beginning of Year
$17,196,972
Net Assets End of Year
$12,147,981
   Donor-Restricted (Permanently)
$3,130,862
   Donor-Restricted (Temporarily)
$2,665,421
   Board-Designated Legal Matters
$1,000,000
   Undesignated
$5,351,698
   

OPERATING EXPENSE ALLOCATION

Direct Program Support
84.97%
Indirect Program Support
13.72%
Membership Development
1.31%

 

PETA is a nonprofit, tax-exempt 501(c)(3) corporation funded almost exclusively by the contributions of our members. We strive to use our funds in the most cost-effective and efficient manner possible, a commitment illustrated by the fact that 84.97 percent of our operating expenses went directly to our programs fighting animal exploitation. We expended only 1.31 percent on fundraising efforts that drive our operations and 13.72 percent on management and general operations.

14 percent of PETA's dedicated staff members earn yearly salaries of only $24,960 to $29,999, 49 percent earn $30,000 to $39,999, and only the remaining 37 percent earn more than $39,999. Our president, Ingrid E. Newkirk, earned $38,597 during the fiscal year ending July 31, 2011.

The financial statement shown here is for the fiscal year ending July 31, 2011, and is based on our independently audited financial statements. Detailed financial information is available through PETA's 990 form and financial statements.

For PETA's tax ID and sample legal bequest language, please visit our Gift Planning site.