Florida Aquarium Inc is located in Tampa, FL. The organization was established in 2018. 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 09/2023, Florida Aquarium Inc employed 420 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Aquarium 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 09/2023, Florida Aquarium Inc generated $40.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $31.9m during the year ending 09/2023. While expenses have increased by 7.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FLORIDA AQUARIUM'S SHARED PURPOSE IS A COMMITMENT TO SAVING MARINE WILDLIFE. OUR VISION IS TO BE FLORIDA'S LEADING CONSERVATION- BASED AQUARIUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AQUARIUM VISITATION ADMISSIONS - WITH A KEEN FOCUS ON DELIVERING WORLD-CLASS ANIMAL CARE TO THOUSANDS OF ANIMALS, THE FLORIDA AQUARIUM WELCOMES VISITORS (OVER 1 MILLION GUESTS FOR THE FIRST TIME EVER IN 2023) TO EXPERIENCE A WIDE VARIETY OF AQUATIC AND TERRESTRIAL ANIMALS WITH THE GOAL OF BUILDING AWARENESS AND INSPIRING ACTION FOR SPECIES AND HABITAT CONSERVATION. FOR EDUTAINMENT, GUESTS WILL ALSO EXPLORE COMPLEX ECOSYSTEMS, ENGAGE WITH INTERACTIVE AND INFORMATIONAL EXHIBITS AND SEARCH FOR WILD DOLPHINS IN TAMPA BAY. MORE THAN A MUST-SEE ATTRACTION, THE FLORIDA AQUARIUM IS WORKING TO PROTECT AND RESTORE OUR BLUE PLANET THROUGH CONSERVATION EFFORTS THAT INCLUDED GROUND-BREAKING RESEARCH AND RESCUE EFFORTS THAT HELP RESTORE FLORIDA'S CORAL AND SEA TURTLE POPULATIONS.
CONSERVATION, RESEARCH AND ANIMAL PROGRAMS - THE FLORIDA AQUARIUM IS DEDICATED TO USING A SCIENCE-BASED, IMPACT-DRIVEN APPROACH TO MEET ITS VISION AND SHARED PURPOSE. WITH CONSERVATION BEING OUR FOREMOST BUSINESS FOCUS WE INFUSE OUR SHARED PURPOSE THROUGHOUT THE AQUARIUM, FROM MESSAGING, TO SUSTAINABLE BUSINESS PRACTICES, TO SCIENCE, TO ACTION. WE STRATEGICALLY FOCUS ON CONSERVATION INITIATIVES THAT ADVANCE OUR CONSERVATION PRIORITIES, AMPLIFY OUR EXPERTISE, LEVERAGE AND PROMOTE OUR PARTNERSHIPS, AND MAXIMIZE OUR ABILITY TO SERVE AS FLORIDA'S LEADING CONSERVATION-BASED AQUARIUM. WE INCORPORATE CONSERVATION MESSAGING AND ACTION OPPORTUNITIES TO CONNECT OUR AUDIENCES TO MARINE WILDLIFE, EXPAND THEIR AWARENESS OF THE AQUARIUM'S CONSERVATION COMMITMENTS AND EFFORTS, CULTIVATE THEIR UNDERSTANDING THAT THEY TOO CAN TAKE IMPACTFUL STEPS TO HELP BUILD A POSITIVE FUTURE, AND PROVIDE OPPORTUNITIES TO INCREASE THEIR CONSERVATION ACTION ENGAGEMENT. THE FLORIDA AQUARIUM HAS IDENTIFIED FOUR CONSERVATION PRIORITIES: * SAFEGUARDING IMPERILED WILDLIFE * GENERATING HEALTHY HABITATS * REDUCING SINGLE-USE PLASTIC CONSUMPTION AND POLLUTION * ADVANCING SUSTAINABLE BUSINESS OPERATIONS. WITHIN THESE PRIORITIES, WE MAINTAIN A PORTFOLIO OF CONSERVATION PROJECTS AND PROGRAMS, SUCH AS OUR CORAL PROPAGATION AND RESTORATION PROGRAM AND SEA TURTLE CONSERVATION PROGRAM.
EDUCATION AND COMMUNITY PROGRAMS - THE FLORIDA AQUARIUM'S LEARNING CENTER PROVIDES TECHNOLOGY-RICH SPACES FOR INNOVATIVE LEARNING OPPORTUNITIES, INCLUDING CAMPS, FIELD TRIPS, AND ON-SITE PROGRAMS FOR LEARNERS OF ALL AGES. OUR OUTREACH PROGRAMS BRING HANDS-ON ENVIRONMENTAL SCIENCE LEARNING EXPERIENCES INTO A VARIETY OF COMMUNITY SPACES. WE IMPACT EVEN MORE STUDENTS THROUGH OUR PROFESSIONAL DEVELOPMENT WORKSHOPS FOR TEACHERS AND VIRTUAL CLASS PROGRAMMING. IN 2023, OVER 70,000 PARTICIPATED IN THE AQUARIUM'S LEARNING PROGRAMS. OVER THE COURSE OF THE FLORIDA AQUARIUM'S HISTORY, ALMOST 2 MILLION PEOPLE HAVE BENEFITED FROM ITS SCIENCE EDUCATION PROGRAMS. AQUA CAMPS, EDUCATIONAL DAY CAMPS OFFERED DURING SCHOOL HOLIDAYS AND SUMMER BREAK EACH YEAR, CONSISTENTLY SELL OUT DUE TO COMMUNITY DEMAND AND SERVE OVER 1,000 STUDENTS EACH YEAR. THE FLORIDA AQUARIUM'S EDUCATORS ALSO TRAVEL UP TO 75 MILES TO PROVIDE IN-PERSON OUTREACH PROGRAMS IN COMMUNITY SPACES. FINALLY, OUR EDUCATORS LIKE TO HAVE FUN WITH OUR GUESTS TOO THROUGH SLEEPOVERS, BIRTHDAY PARTIES, ANIMAL ENCOUNTERS, AND VISITS FROM AQUARIUM MASCOTS, TANGO AND ROCKY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Treasurer | OfficerTrustee | 5 | $0 |
Name Not Listed Board Chair | OfficerTrustee | 10 | $0 |
Name Not Listed Immediate Past Chair/ Audit Chair | OfficerTrustee | 10 | $0 |
Name Not Listed Secretary/compensation Committee Chair | OfficerTrustee | 5 | $0 |
Name Not Listed Board Member | Trustee | 3 | $0 |
Name Not Listed Animal Collections Chair | Trustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Dunn & Co Inc Advertising Services | 9/29/23 | $645,311 |
Envision-cs Inc Construction Services | 9/29/23 | $515,945 |
Page Mechanical Group Llc Construction Services | 9/29/23 | $415,530 |
Ars Advertising Llc Advertising Services | 9/29/23 | $363,285 |
All Covered Inc It Managed Services | 9/29/23 | $309,757 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $4,643,738 |
All other contributions, gifts, grants, and similar amounts not included above | $4,732,181 |
Noncash contributions included in lines 1a–1f | $26,755 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,375,919 |
Total Program Service Revenue | $27,046,949 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $2,694,051 |
Miscellaneous Revenue | $0 |
Total Revenue | $40,694,127 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $1,278,979 |
Compensation of current officers, directors, key employees. | $769,571 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,682,996 |
Pension plan accruals and contributions | $60,491 |
Other employee benefits | $1,482,219 |
Payroll taxes | $1,074,246 |
Fees for services: Management | $0 |
Fees for services: Legal | $42,920 |
Fees for services: Accounting | $270,035 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $26,337 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,479,874 |
Office expenses | $2,442,810 |
Information technology | $595,382 |
Royalties | $0 |
Occupancy | $4,639,029 |
Travel | $121,491 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $386,318 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,464,862 |
Insurance | $569,203 |
All other expenses | $0 |
Total functional expenses | $31,922,227 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,109 |
Savings and temporary cash investments | $22,954,203 |
Pledges and grants receivable | $3,396,499 |
Accounts receivable, net | $938,137 |
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 | $269,496 |
Net Land, buildings, and equipment | $26,500,523 |
Investments—publicly traded securities | $1,333,853 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $313,458 |
Total assets | $55,741,278 |
Accounts payable and accrued expenses | $3,355,086 |
Grants payable | $0 |
Deferred revenue | $2,101,401 |
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 | $311,883 |
Total liabilities | $5,768,370 |
Net assets without donor restrictions | $45,600,345 |
Net assets with donor restrictions | $4,372,563 |
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 | $55,741,278 |