Mission Programs 2007 Annual Report


Photo: Japanese garden
Photograph by Michael Yamashita

The National Geographic Society’s financial highlights illustrate how contributions from public and private sources help support vital projects within the Society’s Mission Programs in the areas of research, conservation, exploration, education, and public outreach. While all of National Geographic’s activities advance its mission, the programs described in this report directly fulfill key scientific and education objectives. Mission Programs’ activities are presented in the context of the Society’s overall financial picture.

Illustration: Contributions chartThanks in part to philanthropic giving, National Geographic was able to increase the level of spending on its Mission Programs in 2007 as in 2006. A one-time generous gift received through an estate contributed to a significant rise in contributions for 2007.

A new endowment created to support National Geographic’s core programs in research, conservation, and exploration began generating investment earnings that help expand grantmaking. Also, two entirely new grant programs were established during 2007 thanks to operating funding from major donors. These new grants support exploratory fieldwork and destination-based conservation projects tied to our travel programs. Education Foundation grantmaking continues to be supported by earnings from endowments established through private contributions.

A copy of the Society’s and JASON’s IRS Form 990s can be obtained by contacting Law, Business, and Government Affairs at +1 202 857 7753, or by viewing them online at guidestar.org.

The National Geographic Society thanks all of its donors for contributing so generously to its work. You make possible the impact we have on the planet and its people.

 

National Geographic Society
Statement of Activities
Years ended December 31, 2007 and 2006
(In thousands)

 

2007

2006
Program Revenues, Support & Investment Activity:        
Membership Dues   $157,532   $161,819
Magazine Revenue   $158,863   $148,824
Books & Other Products   $121,291   $139,069
Royalty Income   $37,199   $36,271
Investment Income (net of fees)   $14,224   $14,270
Net Realized Gains on Investment   $34,416   $35,781
    $523,525   $536,034
Contributions (1) $27,966   $16,794  
NG Explorer! $6,121   $4,048  
NG Live! $1,471   $1,308  
Other Educational Programs $1,528   $1,075  

Geography Competition Regestration Fees

$846   $706  
Government Grants $425   $341  
Other Income (2) $2,224   $2,073  
    $40,581   $26,345
Total Program Revenues, Support & Investment Activity   $564,106   $562,379
Program Expenses:        
Publishing   $281,539   $282,611
Books & Other Products   $128,791   $144,007
    $410,330   $426,618
Education and Children's Programs:        
Education Foundation $5,109   $5,975  
NG Explorer! $6,311   $4,218  
Outreach Programs $2,830   $3,420  
Geography Competitions $1,571   $1,317  
Research, Conservation & Exploration Grant Program: $9,398   $8,573  

Public Programs

       
Explorers Program and Special Projects $7,130   $5,787  
Public Service Administration and Other $3,246   $2,873  
NG Museum and Exhibits $3,706   $2,625  
NG Live! and Speakers Bureau $5,076   $4,175  
Genographic Project $3,327   $2,023  
Arts Media $2,756   $3,287  
Fundraising $3,820   $5,218  
    $54,280   $49,491
Total Program Expenses   $464,610   $476,109
Management & General Expenses   $19,533   $23,093
Total Expenses   $484,143   $499,202
Other Changes in Net Assets (3)   (4,631)   $37,504
Change in Net Assets   $75,332   $100,681

Schedule above is derived from the Society's 2007 audited financial statements conducted by KPMG LLP. The amounts above do not include the operating results of the Society's subsidiaries. Certain prior year balances have been reclassified to conform to current year presentation.

(1) Does not include in-kind contribution of services of $515,497
(2) "Other income" primarily consists of income from rental activity
(3) "Other Changes in Net Assets" primarily consists of unrealized investment gains (losses)

 

Background photo: Carlos Loaeza Porras

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