National Aquarium Foundation Inc is located in Baltimore, MD. The organization was established in 1983. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Aquarium Foundation Inc 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 12/2021, National Aquarium Foundation Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE CONSERVATION OF THE WORLD'S AQUATIC TREASURES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NATIONAL AQUARIUM FOUNDATION PROVIDES FINANCIAL SUPPORT THAT ADVANCES THE NATIONAL AQUARIUM'S MISSION OF INSPIRING PEOPLE TO CONSERVE THE WORLD'S AQUATIC TREASURES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Todd Chester Chair | OfficerTrustee | 1 | $0 |
John C Racanelli President/chief Executive Officer | Officer | 4 | $0 |
Ismael Savadogo Svp/cfo/treas (thru 7/10/21) | Officer | 1 | $0 |
Margot Amelia Svp/cmo/secretary | Officer | 1 | $0 |
Virginia Y Newton Svp/cfo/treasurer | Officer | 1 | $0 |
David Churchill Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $93,644 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $93,644 |
Total Program Service Revenue | $0 |
Investment income | $551,259 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,863,237 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,508,140 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,156,177 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $151,109 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,307,286 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $16,440 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $22,581,970 |
Investments—other securities | $17,889,643 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $93,644 |
Total assets | $40,581,697 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $33,819,746 |
Net assets with donor restrictions | $6,761,951 |
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 | $40,581,697 |
Over the last fiscal year, National Aquarium Foundation Inc has awarded $1,521,655 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Baltimore, MD PURPOSE: PROGRAM SUPPORT | $1,272,066 |
Baltimore, MD PURPOSE: ENDOWMENT DISTRIBUTION | $249,589 |
Over the last fiscal year, we have identified 1 grants that National Aquarium Foundation Inc has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
John Ben Snow Memorial Tr Pittsburgh, PA PURPOSE: GENERAL OPERATING | $15,000 |
Beg. Balance | $5,634,888 |
Earnings | $706,523 |
Other Expense | $230,035 |
Ending Balance | $6,111,376 |
Organization Name | Assets | Revenue |
---|---|---|
Conservation Nation Washington, DC | $6,377,291 | $4,168,308 |
Birdsong Charitable Foundation Inc Suffolk, VA | $8,235,918 | $1,734,283 |
Plumpton Park Zoological Gardens Inc Rising Sun, MD | $1,924,704 | $1,922,770 |
National Aquarium Foundation Inc Baltimore, MD | $40,581,697 | $2,508,140 |
Bear Gulch Foundation Wilmington, DE | $6,900,918 | $1,732,761 |
Humane Pennsylvania Foundation Reading, PA | $1,829,097 | $900,729 |
Arl Forever Home Inc Pittsburgh, PA | $13,636,759 | $0 |
Friends Of The Fairfax County Animal Shelter Centreville, VA | $1,305,848 | $718,552 |
Humane Society Of Lebanon County Thrift Shop Lebanon, PA | $161,289 | $323,763 |
Western West Virginia Animal Rescue Alliance Huntington, WV | $298,171 | $336,335 |
D C Shaw Tr Fbo Toledo Humane Society Pittsburgh, PA | $3,660,213 | $213,074 |
Charles Sumner Bird Foundation Pittsburgh, PA | $1,990,020 | $189,390 |