philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Cosley Foundation INC FY2021 filing

Tax-deductible

Wheaton, IL501(c)(3)Since 1985Arts & CultureEIN 36-3461739Revenue $800K in FY2021

On file with the IRScosleyzoo.org102 E Wesley St, 60187-5321 · Wheaton, ILTax-exempt since Oct 1986Publicly supported — 509(a)(2)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The Cosley Foundation engages in fundraising activities to benefit the Cosley zoo, an aza-accredited small zoo wholly owned and operated by the wheaton park district in wheaton, il. The Foundation raises funds via donor development of individuals and foundations, and also holds community-centric events such as christmas tree sales,a 5k/10k run for the animals, the mike williams Cosley classic golf tournament, and fall pumpkin sales. The Cosley Foundation board is comprised of volunteer board members who serve as advocates for the Cosley zoo within the dupage county community (chicago suburbs); board members also provide fiscally sound strategic counsel pertaining to the zoos capital development and other policies and programs. The Cosley Foundation wholly supports the Cosley zoos mission: to create connections between people and animals that will inspire lifelong conservation of the natural world. The zoo pursues its mission via world-class animal welfare, science-based conservation in

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $92K a year · 9% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
53 mo
of spending, in cash
Looks good: 52.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $211K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$65K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$800K
+28% vs prior year
Spent
$389K
To programs
68%
Net assets
$1.8M
By yearFY2020–FY2025
Revenue
$800K
FY2021▲ +28%
Tap a bar for its year
Revenue by fiscal year
FY2020$622K
FY2021$800K
FY2022$1.3M
FY2023$928K
FY2024$1.1M
FY2025$1.1M
Expenses
$389K
FY2021▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020$325K
FY2021$389K
FY2022$436K
FY2023$527K
FY2024$1.8M
FY2025$1.8M
Net assets
$1.8M
FY2021▲ +30%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.8M
FY2022$2.6M
FY2023$3.0M
FY2024$2.3M
FY2025$1.6M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $265K Management & general 20% · $76K Fundraising 12% · $48K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Shayne Purdue
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Adam Sharpee
Treasurer
$0Pt VII · Sec A
See Cosley Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Raises funds and provides support for animal care, facility upkeep, and educational programs at a zoo.

Questions for Cosley Foundation INC

Tap to ask. Cosley Foundation INC sees how many people are interested.

Your first name shows with your question. Cosley Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $254K · in their own filed words · FY2021
01

The foundation provides financial support to help fund the operation of the cosley zoo by the wheaton park district. The zoo's operations include free admission to all children under the age of 18 Y/O, regardless of residence within wheaton park district bounds and free admission to all wheaton park district adults.

$130Kprogram expense
02

The foundation provides financial support for the advancement of the zoo's capital master plan. The foundation invests in donor relationship building and the engagement of subject matter experts to prepare for the first phase of our master plan: a new and vastly improved parking lot.

$123Kprogram expense
03

The foundation, in accordance with a donor's wishes, is providing one scholarship in memory of the former president of the foundation.

$2Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Fidelity Investments Charitable Gift FundFY2024$127K
Picchi Family Foundation INCFY2024$20K
The John and Frank Sparacio Charitable Foundation INCFY2024$20K
National Philanthropic TrustFY2024$13K
The Dupage Community FoundationFY2024$10K
The Chicago Community TrustFY2024$8K
Donor Advised Charitable Giving INCFY2024$6K
American Online Giving Foundation INCFY2024$5K
Total grants receivedfrom 11 funders$211K
See all 11 funders →
Grants paid · 6 grants · $3.1M · 2020–2025
Wheaton Park DistrictFY2025$1,335,245
Wheaton Park DistrictFY2024$1,338,455
Wheaton Park DistrictFY2023$153,021
Wheaton Park DistrictFY2022$82,610
Wheaton Park DistrictFY2021$129,724
Wheaton Park DistrictFY2020$105,000

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$800K
Ln 12
Gifts and grantsLn 1h$504K
Other incomeLn 4–11$296K
Investment incomeLn 3$380
Money outPt IX
$389K
Ln 25
Programscol B$265K
Managementcol C$76K
Fundraisingcol D$48K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$1.8M
LiabilitiesLn 26$65K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$504K
Noncash giftsLn 1g$21K
Fundraising eventsLn 1c$77K
Investment incomeLn 3$380
Other incomeLn 4–11$296K
Total revenueLn 12$800K
Assets in detailPt X, end of year
CashLn 1$1.4M
SavingsLn 2$265K
Cash and savings togetherLn 1–2$1.7M
Total assetsLn 16$1.8M
LiabilitiesLn 26$65K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 695
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.3M$1.7M
Total assetsLn 16$1.4M$1.8M
LiabilitiesLn 26$44K$65K
Net assetsLn 32$1.4M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$130K$130K
Grants to domestic individualsLn 2$2K$2K
Other salaries and wagesLn 7$99K$11K$43K$46K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$5K$5K
Office expensesLn 13$11K$11K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$137K$123K$15K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$389K$265K$76K$48K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.8M−$703K$1.6M 990 PDF
FY2024 $1.1M$1.8M−$682K$2.3M 990 PDF
FY2023 $928K$527K$401K$3.0M 990 PDF
FY2022 $1.3M$436K$826K$2.6M 990 PDF
FY2021 Viewing $800K$389K$411K$1.8M 990 PDF
FY2020 $622K$325K$297K$1.4M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $799,826 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $421,978$503,820
I-9 Program service revenue$0
I-10 Investment incomePrior year $556$380
I-11 Other revenuePrior year $199,949$295,626
I-12 Total revenuePrior year $622,483$799,826
I-13 Grants and similar amounts paidPrior year $108,000$131,724
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $89,172$99,484
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $128,134$157,742
I-18 Total expensesPrior year $325,306$388,950
I-19 Revenue less expensesPrior year $297,177$410,876
Part VI · Governance 8 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $799,826 across 9 lines filed
Lines not itemized here account for $158,532 of total revenue; see the IRS return.
VIII-1b Membership dues$59,369
VIII-1c Fundraising events$77,456
VIII-1f All other contributions, gifts and grants$366,995
VIII-1g Noncash contributions (included above)$20,768
VIII-1h Total contributions, gifts and grants$503,820
VIII-3 Investment incomeExcluded from tax $380$380
VIII-8 Net income from fundraising eventsExcluded from tax $136,594$136,594
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $500$500
VIII-12 Total revenueRelated to mission $159,032 · Excluded from tax $136,974$799,826
Part IX · Statement of functional expenses $388,950 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $129,724$129,724
IX-2 Grants to domestic individualsPrograms $2,000$2,000
IX-7 Other salaries and wagesPrograms $10,720 · Management $42,882 · Fundraising $45,882$99,484
IX-11b Legal feesManagement $1,600$1,600
IX-11c Accounting feesManagement $4,700$4,700
IX-13 Office expensesManagement $11,419$11,419
IX-23 InsuranceFundraising $1,787$1,787
IX-24 Other expenses (24a–d)Programs $122,574 · Management $14,545$137,119
IX-24e All other expensesManagement $1,117$1,117
IX-25 Total functional expensesPrograms $265,018 · Management $76,263 · Fundraising $47,669$388,950
Part X · Balance sheet $1,841,795 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $1,002,518$1,439,806
X-2 Savings and temporary cash investmentsStart of year $264,579$265,296
X-4 Accounts receivableStart of year $132,858$117,978
X-8 Inventories for sale or useStart of year $10,062$18,715
X-16 Total assetsStart of year $1,410,017$1,841,795
X-17 Accounts payable and accrued expensesStart of year $43,940$64,842
X-26 Total liabilitiesStart of year $43,940$64,842
X-27 Net assets without donor restrictionsStart of year $1,106,149$1,484,180
X-28 Net assets with donor restrictionsStart of year $259,928$292,773
X-32 Total net assets or fund balancesStart of year $1,366,077$1,776,953
X-33 Total liabilities and net assetsStart of year $1,410,017$1,841,795
Part XI · Reconciliation of net assets $1,776,953 net assets at year end
XI-1 Total revenue$799,826
XI-2 Total expenses$388,950
XI-3 Revenue less expenses$410,876
XI-4 Net assets at start of year$1,366,077
XI-10 Net assets at end of year$1,776,953

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.