2020 Financial Statement
|Gross Merchandise Sales||$56,452|
|Interest, Dividends, Royalties, and Other Income||$2,416,727|
|International Grassroots Campaigns||$12,157,145|
|Public Outreach and Education||$16,869,378|
|Research, Investigations, and Rescue||$19,903,446|
|Cruelty-Free Merchandise Program||$461,979|
|Management and General Expenses||$721,229|
|Total Operating Expenses||$59,591,277|
|CHANGE IN NET ASSETS||($6,686,590)|
|Net Assets Beginning of Year||$8,432,920|
|Net Assets End of Year||$15,119,510|
|Board-Designated Legal Matters||$1,000,000|
Operating Expense Allocation
|Direct Program Support||82.88%|
|Management and General Operations||1.21%|
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 82.88% of our operating expenses went directly to our programs fighting animal exploitation. We expended only 15.91% on fundraising efforts that drive our operations and 1.21% on management and general operations.
Twelve percent of PETA’s dedicated staff earn only $16,000 to $34,999, 41% earn $35,000 to $49,999, and the remaining 47% make more than $50,000. Our president, Ingrid Newkirk, earned $31,348 during the fiscal year ending July 31, 2020.
The financial statement shown here is for the fiscal year ending July 31, 2020, 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.