Trout Unlimited
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Trout Unlimited meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to conserve, protect, and restore North America's cold-water fisheries and their watersheds."
Year, State Incorporated:
1959, MI
Trout Unlimited reports that it works to care for and recover rivers and streams in North America. The organization's major programs include: habitat restoration initiatives in the Northeast, Mid-Atlantic, Southeast, Great Lakes, and Driftless Area; protection of high-quality trout habitats, including brook trout strongholds in Maine and wild trout stream designations in Pennsylvania; advocacy for policies that advance trout and salmon conservation; and scientific assessment and monitoring to evaluate the progress of conservation initiatives. In 2023, the organization stated that it protected 10,000,000 million acres of watershed landscapes, operated 3,058 conservation monitoring projects, and restored 467 miles of rivers and streams.
For the year ended March 31, 2023, Trout Unlimited's program expenses were:
Conservation operations | $46,254,113 |
Volunteer operations and chapter support | $3,679,004 |
Communications | $2,676,064 |
Government affairs | $637,458 |
Total Program Expenses | $53,246,639 |
Chief Executive
Chris Wood, President and Chief Executive Officer
Compensation*
$462,591
Chair of the Board
Harris "Terry" Hyman, IV
Chair's Profession / Business Affiliation
Senior Executive Partner, Thomas H. Lee Partners
Board Size
33
Paid Staff Size
327
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Membership appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.)
Trout Unlimited incurred joint costs of $1,534,275 for informational materials and activities that included fundraising materials. Of those costs $1,078,768 was allocated to fundraising expenses and $455,507 was allocated to program expenses.
Fundraising costs were 11% of related contributions. (Related contributions, which totaled $62,928,478, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Trout Unlimited's audited financial statements for the year ended March 31, 2023.
Source of Funds
U.S. Government | $20,695,794 |
Individual contributions | $11,809,127 |
Foundation grants | $10,139,906 |
State and local grants | $9,053,162 |
Membership contributions | $5,294,319 |
Other grants and contributions | $4,717,664 |
Bequests | $861,664 |
Landowner projects | $603,463 |
In-kind contributions | $356,842 |
Membership fees | $317,625 |
Other income | $222,637 |
Investment income, net | $-445,535 |
Total Income | $63,626,668 |
Programs: 78% Fundraising: 10% Administrative: 12%
Total Income | $63,626,668 |
Total expenses: | $68,628,429 |
Program expenses | $53,246,639 |
Fundraising expenses | $7,171,174 |
Administrative expenses | $8,210,616 |
Other expenses | $0 |
Income in Excess of Expenses | $-5,001,761 |
Beginning Net Assets | $45,044,150 |
Other Changes In Net Assets | $0 |
Ending Net Assets | $40,042,389 |
Total Liabilities | $6,471,678 |
Total Assets | $46,514,067 |
Note: According to Trout Unlimited's audited financial statements for the year ended March 31, 2023, the organization received $356,842 in contributed goods and services including supplies ($259,042), IT services ($59,200), and software ($38,600).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
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