Shedd Aquarium Society is located in Chicago, IL. The organization was established in 1932. According to its NTEE Classification (D50) the organization is classified as: Zoos & Aquariums, under the broad grouping of Animal-Related and related organizations. As of 12/2021, Shedd Aquarium Society employed 477 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shedd Aquarium Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Shedd Aquarium Society generated $48.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $54.4m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Shedd Aquarium Society has awarded 26 individual grants totaling $631,046. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE SHEDD AQUARIUM SOCIETY OPERATES A PUBLIC AQUARIUM TO ENCOURAGE THE CONNECTION BETWEEN ANIMALS AND GUESTS THROUGH EXHIBITS AND EDUCATION PROGRAMS WITH THE GOAL OF PROMOTING AQUATIC CONSERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION EDUCATION: SINCE SHEDD AQUARIUM OPENED OUR DOORS IN 1930, SHEDD HAS PROVIDED MORE THAN 117 MILLION GUESTS THE OPPORTUNITY TO LOOK NATURE IN THE EYE THROUGH MEMORABLE EXPERIENCES, WHILE PROVIDING OPPORTUNITIES TO LEARN ABOUT THE ANIMALS IN OUR CARE, AND BECOME INSPIRED TO MAKE PERSONAL CHOICES THAT DRIVE ACTION FOR ANIMALS. SHEDD KNOWS THAT WHEN PEOPLE EXPERIENCE AQUATIC ANIMALS UP CLOSE, IT MOTIVATES AN EMOTIONAL, EMPATHETIC RESPONSE THAT SHIFTS ATTITUDES AND FOSTERS A PERSONAL RESPONSIBILITY FOR STEWARDSHIP OF LOCAL WATERS, GLOBAL OCEANS, AND WILDLIFE. SHEDD IS COMMITTED TO BEING ONE OF CHICAGO'S MOST ACCESSIBLE CULTURAL INSTITUTIONS, OFFERING ILLINOIS RESIDENT FREE DAYS THROUGHOUT THE YEAR, FREE ADMISSION EVERY DAY AS THE NATION'S FIRST AQUARIUM TO JOIN THE MUSEUMS (CONTINUED ON SCHEDULE O) FOR ALL PROGRAM, AN EVERYDAY DISCOUNT FOR CHICAGO RESIDENTS, STUDENTS AND SENIOR CITIZENS, AND FREE ADMISSION FOR TEACHERS, POLICE AND FIRE PERSONNEL, AND ACTIVE-DUTY MILITARY. INSIDE THE AQUARIUM WALLS, A SUITE OF IMPACTFUL GUEST ENGAGEMENTS, INCLUDING LIVING EXHIBITS AND EXTRAORDINARY EXPERIENCES BEHIND THE SCENES, CREATE MEMORABLE CONNECTIONS TO ANIMALS, WHILE MILLIONS OF ADDITIONAL LEARNERS WORLDWIDE MAKE VIRTUAL CONNECTIONS THROUGH SHEDD'S EDUCATIONAL ONLINE PLATFORMS. THE AQUARIUM ALSO SHARES SHEDD'S MISSION BY TELLING ACCESSIBLE, MEANINGFUL STORIES WITH THE PUBLIC THROUGH PUBLIC RELATIONS AND MARKETING EFFORTS DEVELOPED THROUGH THE INTEGRATION OF CONSERVATION, LEARNING PROGRAMS, ANIMAL CARE AND GUEST EXPERIENCE. AS A PROACTIVE LEADER AND RESOURCE FOR IMMERSIVE INFORMAL SCIENCE EDUCATION OPPORTUNITIES, SHEDD OFFERS PROGRESSIVE, RELEVANT AND ENGAGING PROGRAMS INCLUDING AFTERSCHOOL PROGRAMS, LABS AND WORKSHOPS, AND WEEKLONG CITIZEN SCIENCE PROGRAMS FOR TEENS IN THE GREAT LAKES AND ABOARD ITS RESEARCH VESSEL, THE CORAL REEF II IN FLORIDA AND THE BAHAMAS.
ANIMAL CARE: SHEDD AQUARIUM IS HOME TO ONE OF THE WORLD'S LARGEST AND MOST DIVERSE AQUATIC COLLECTIONS OVER 23,000 REPRESENTING ABOUT 1,300 SPECIES. A GLOBAL LEADER IN ANIMAL CARE, SHEDD'S TRAINING AND HUSBANDRY PROGRAMS SUPPORT ONSITE RESEARCH EFFORTS THAT CONTRIBUTE TO THE GROWING SCIENTIFIC BODY OF KNOWLEDGE ABOUT THOSE SPECIES IN THE WILD. ADDITIONALLY, SHEDD'S VETERINARIANS ARE AQUATIC MEDICINE PIONEERS WHO ARE ADVANCING THE FIELDS OF PREVENTATIVE MEDICINE, AGING CARE, AND CONSERVATION MEDICINE WHILE PROVIDING WORLD-CLASS MEDICAL CARE THAT FURTHER EXPANDS UNDERSTANDING OF HOW TO SUPPORT HEALTHY ANIMAL POPULATIONS IN AQUARIUMS AND IN THE WILD. SHEDD'S ANIMAL CARE EXPERTISE ALSO LENDS ITSELF TO CRISIS RESPONSE AROUND THE WORLD. OUR ANIMAL RESPONSE TEAM FREQUENTLY ACTS AS A PARTNER (CONTINUED ON SCHEDULE O) AND ADVISOR TO INTERNATIONAL, FEDERAL, STATE, AND LOCAL GOVERNMENT AGENCIES, RESCUE AND REHABILITATION ORGANIZATIONS, AND FELLOW ACCREDITED ZOOS AND AQUARIUMS FOR CONFISCATED, ORPHANED, OR INJURED WILDLIFE.
CONSERVATION SCIENCE AND RESEARCH: SHEDD IS LOCATED IN CHICAGO, BUT ITS RESEARCH IS WORLDWIDE. ITS HUSBANDRY, VETERINARY, AND CONSERVATION PROGRAMS ARE GROUNDED IN RESEARCH THAT SUPPORTS HEALTHY ANIMALS AT SHEDD AND VIBRANT WILD POPULATIONS AROUND THE WORLD. SHEDD'S CONSERVATION RESEARCH PROGRAMS WORK TO MAXIMIZE BIODIVERSITY WHILE PRESERVING LOCAL LIVELIHOODS, AND FIELD RESEARCHERS OFTEN WORK SIDE-BY-SIDE WITH CITIZEN SCIENTISTS TO CONSERVE WILDLIFE AND HABITATS FOR FUTURE GENERATIONS. THE AQUARIUM'S WORK INCLUDES MORE THAN TWO DECADES OF RESEARCH ON BAHAMIAN ROCK IGUANAS, ONE OF THE WORLD'S MOST CRITICALLY ENDANGERED LIZARDS, AS WELL AS STUDIES OF QUEEN CONCH, LOBSTER, SHARKS, AND CORALS. CLOSER TO HOME, SHEDD'S GREAT LAKES RESEARCH FOCUSES ON HIGH PRIORITY WILDLIFE (CONTINUED ON SCHEDULE O) AND HABITAT CONSERVATION ISSUES; THE AQUARIUM'S APPLIED STUDIES SUPPORT LOCAL AND REGIONAL AGENCIES IN DEVELOPING SOUND MANAGEMENT PLANS THAT CAN PROTECT THIS TREASURED NATIONAL RESOURCE. ONSITE, SHEDD'S STATE-OF-THE-ART FACILITIES AND ANIMAL CARE EXPERTS SERVE AS RESOURCES FOR RESEARCH PARTNERS IN CHICAGO AND AROUND THE UNITED STATES. ONSITE RESEARCH PROVIDES VALUABLE BIOLOGICAL AND BEHAVIORAL INFORMATION THAT INFORMS UNDERSTANDING OF SPECIES WHICH ARE NEARLY IMPOSSIBLE TO STUDY IN THE WILD. IN ADDITION TO SHARING WHAT IT LEARNS WITH THE SCIENTIFIC COMMUNITY, SHEDD'S ONSITE WORK ALSO CONTRIBUTES TO ITS OWN FIELD RESEARCH, SUCH AS HEALTH ASSESSMENTS OF WILD BELUGA WHALES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bridget Coughlin PHD President/ceo | OfficerTrustee | 45 | $646,408 |
Regina Rodriguez Chief Development Officer | Officer | 45 | $324,067 |
Gary Gordon Cfo/treasurer/secretary | Officer | 45 | $299,940 |
Meghan Curran SVP - Marketing, Sales, An | Officer | 45 | $246,511 |
Peggy Sloan Chief Of Animal Operations | Officer | 45 | $222,242 |
Robert Wengel SVP - Facilities And Secur | Officer | 45 | $212,106 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Valerio Dewalt Train Associates Inc Architectural Design Consultant | 12/30/21 | $1,451,604 |
Monterrey Security Consultant Security | 12/30/21 | $1,006,656 |
Crescent Cleaning Company Contract Cleaning Provider | 12/30/21 | $794,839 |
Edwards Engineering Construction | 12/30/21 | $669,192 |
Two By Four Advertising | 12/30/21 | $637,554 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $4,252,742 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,038,444 |
All other contributions, gifts, grants, and similar amounts not included above | $25,428,336 |
Noncash contributions included in lines 1a–1f | $2,336,827 |
Total Revenue from Contributions, Gifts, Grants & Similar | $34,719,522 |
Total Program Service Revenue | $9,577,498 |
Investment income | $1,464,289 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $310,894 |
Net Gain/Loss on Asset Sales | $2,197,760 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $48,331,820 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,750 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,541,256 |
Compensation of current officers, directors, key employees. | $1,491,246 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,969,958 |
Pension plan accruals and contributions | $921,647 |
Other employee benefits | $2,942,838 |
Payroll taxes | $1,502,165 |
Fees for services: Management | $1,469,587 |
Fees for services: Legal | $394,813 |
Fees for services: Accounting | $83,500 |
Fees for services: Lobbying | $5,954 |
Fees for services: Fundraising | $267,846 |
Fees for services: Investment Management | $198,817 |
Fees for services: Other | $4,131,605 |
Advertising and promotion | $803,182 |
Office expenses | $2,621,590 |
Information technology | $796,037 |
Royalties | $0 |
Occupancy | $1,595,895 |
Travel | $227,879 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,433 |
Interest | $489,033 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,051,287 |
Insurance | $488,939 |
All other expenses | $0 |
Total functional expenses | $54,444,622 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $24,330,550 |
Pledges and grants receivable | $23,989,224 |
Accounts receivable, net | $583,810 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $796,735 |
Net Land, buildings, and equipment | $105,543,441 |
Investments—publicly traded securities | $189,138,917 |
Investments—other securities | $128,675,470 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,550,959 |
Total assets | $474,609,106 |
Accounts payable and accrued expenses | $3,781,953 |
Grants payable | $0 |
Deferred revenue | $490,246 |
Tax-exempt bond liabilities | $14,927,141 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $4,898,488 |
Other liabilities | $4,586,774 |
Total liabilities | $28,684,602 |
Net assets without donor restrictions | $327,291,552 |
Net assets with donor restrictions | $118,632,952 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $474,609,106 |
Over the last fiscal year, Shedd Aquarium Society has awarded $125,546 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Monterey, CA PURPOSE: CONSERVATION RESEARCH | $50,000 |
Silver Spring, MD PURPOSE: CONSERVATION | $46,000 |
Carbondale, IL PURPOSE: CONSERVATION RESEARCH | $24,046 |
INTERNATIONAL IGUANA FOUNDATION PURPOSE: CONSERVATION | $5,500 |
Over the last fiscal year, we have identified 1 grants that Shedd Aquarium Society has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Richard E Frain Jr Charitable Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
Beg. Balance | $297,530,640 |
Earnings | $58,901,821 |
Net Contributions | $3,028,007 |
Ending Balance | $359,460,468 |
Organization Name | Assets | Revenue |
---|---|---|
Chicago Zoological Society Brookfield, IL | $212,053,000 | $59,844,719 |
Shedd Aquarium Society Chicago, IL | $474,609,106 | $48,331,820 |
Lincoln Park Zoological Society Chicago, IL | $237,808,256 | $64,159,516 |
Indianapolis Zoological Society Inc Indianapolis, IN | $177,325,453 | $23,714,934 |
Potawatomi Zoological Society Inc South Bend, IN | $5,034,664 | $7,129,735 |
Racine Zoological Society Racine, WI | $8,318,257 | $4,386,530 |
Friends Of The Zoo Of Springfield Missouri Inc Springfield, MO | $1,740,503 | $2,405,857 |
Friends Of The Zoo Of Kansas City Foundation Kansas City, MO | $24,060,217 | $22,753,344 |
St Louis Aquarium At Union Station Foundation St Louis, MO | $2,100,445 | $642,312 |
Evansville Zoological Society Inc Evansville, IN | $9,641,629 | $1,204,835 |
Sable Inc Arcola, IL | $208,269 | $56,694 |
Kentucky Reptile Zoo Slade, KY | $261,683 | $393,461 |