2021 Financial Report

2021 Financial Report

Over the last year, World Forestry Center refined its ambitious vision—gaining momentum, specificity, and potency. Even while operating within the continued atypical circumstances of the pandemic, the organization invested in strategic initiatives to evolve programming and amplify its impact.

Throughout 2021, the Center built internal capacity to develop new programming, plan for resource development, and lay the groundwork for the successful reopening of the Discovery Museum in 2022. Staff, board members, and the broader community demonstrated resilience, flexibility, and a shared commitment to using this unusual period to strengthen the organization and reimagine new pathways toward healthy forests and communities.

2021 Revenue Breakdown

Revenue Overview

In 2021, the World Forestry Center reported total revenue of $2,181,585, supported by a diversified mix of funding sources:

• $1,063,602 in federal CARES funding

• $390,658 from investments

• $332,930 raised through fundraising

• $310,532 in contributions and grants

• $208,735 from program revenue

• $208,058 from facilities and other revenue

2021 Expense Breakdown

Expense Breakdown

Total operating expenses for the year amounted to $2,356,549, reflecting continued investment in programs and operations:

• $1,079,993 in program-related activities

• $412,169 in facilities costs

• $247,857 in administrative expenses

Leadership Reflection

In her message accompanying the report, Sarah Horton, COO/CFO of World Forestry Center, reflected on the organization’s resilience during 2021 and its strategic positioning leading into the successful reopening of the Discovery Museum in 2022.