Totals
- Total revenue
- $32,599,649
- Total expenses
- $29,857,481
- Contributions and grants received
- $10,053,356
- Grants paid
- $83,846
- Program service revenue
- $23,171,763
- Investment income
- -$388,051
- Other revenue
- -$237,419
- Total assets, end of year
- $54,777,845
- Total liabilities, end of year
- $12,016,372
- Net assets or fund balances, end of year
- $42,761,473
- Program services expenses (Part IX)
- $22,880,745
- Management and general expenses
- $3,806,060
- Fundraising expenses
- $3,170,676
- Program service expenses (Part III)
- $22,880,745
Program services were 76.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$508,563
-
1e · Government grants (contributions)
$7,772,242
-
1f · All other contributions, gifts and grants
$1,772,551
-
1g · Noncash contributions included above
$741,101
-
2a · Program service revenue: ADMISSIONS
total $15,979,935 · related or exempt $15,979,935
-
2b · Program service revenue: SPECIAL EXHIBITS AND OTHER REVENU
total $3,889,357 · related or exempt $3,889,357
-
2c · Program service revenue: MEMBERSHIPS
total $2,163,718 · related or exempt $2,163,718
-
2d · Program service revenue: PROGRAM INCOME
total $1,138,753 · related or exempt $1,129,982 · unrelated business $8,771
-
3 · Investment income
total $61,009 · excluded $61,009
-
7a · Gross sales of assets other than inventory
other assets $214,188
-
7b · Less cost or other basis and sales expenses
other assets $663,248
-
7c · Gain or loss
other assets -$449,060
-
7d · Net gain or loss
total -$449,060 · excluded -$449,060
-
8a · Fundraising events: gross income
$142,242
-
8a · Fundraising events: contributions included on line 1c
$508,563
-
8b · Fundraising events: direct expenses
$435,029
-
8c · Net income from fundraising events
total -$292,787 · excluded -$292,787
-
11d · All other revenue
total $55,368 · related or exempt $55,368
-
11e · Other revenue, total
$55,368
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $69,448 · program services $69,448
-
2 · Grants to domestic individuals
total $14,398 · program services $14,398
-
5 · Compensation of officers, directors and key employees
total $1,290,807 · program services $1,031,257 · management and general $176,045 · fundraising $83,505
-
7 · Other salaries and wages
total $11,888,506 · program services $9,498,019 · management and general $1,621,397 · fundraising $769,090
-
8 · Pension plan contributions
total $109,583 · program services $87,549 · management and general $14,945 · fundraising $7,089
-
9 · Other employee benefits
total $2,012,763 · program services $1,608,046 · management and general $274,508 · fundraising $130,209
-
10 · Payroll taxes
total $38,296 · program services $30,596 · management and general $5,223 · fundraising $2,477
-
11b · Fees: legal
total $347,865 · management and general $347,865
-
11c · Fees: accounting
total $90,900 · management and general $90,900
-
11d · Fees: lobbying
total $320,000 · program services $320,000
-
11e · Fees: professional fundraising services
total $40,000 · fundraising $40,000
-
11g · Fees: other
total $2,005,735 · program services $1,502,073 · management and general $392,603 · fundraising $111,059
-
12 · Advertising and promotion
total $1,657,025 · program services $3,189 · management and general $32,656 · fundraising $1,621,180
-
13 · Office expenses
total $940,439 · program services $848,085 · management and general $71,235 · fundraising $21,119
-
14 · Information technology
total $43,634 · program services $35,582 · fundraising $8,052
-
16 · Occupancy
total $1,741,924 · program services $1,485,016 · management and general $188,632 · fundraising $68,276
-
17 · Travel
total $287,101 · program services $169,599 · management and general $112,971 · fundraising $4,531
-
20 · Interest
total $163,860 · program services $131,088 · management and general $24,579 · fundraising $8,193
-
22 · Depreciation, depletion and amortization
total $2,425,025 · program services $2,182,523 · management and general $242,502
-
23 · Insurance
total $343,281 · program services $288,357 · management and general $34,328 · fundraising $20,596
-
24a · Other expenses: EDUCATION PROGRAM
total $1,463,411 · program services $1,447,418 · management and general $2,493 · fundraising $13,500
-
24b · Other expenses: ANIMAL COSTS
total $711,813 · program services $711,755 · management and general $58
-
24c · Other expenses: DUES AND SUBSCRIPTIONS
total $336,588 · program services $153,372 · management and general $14,095 · fundraising $169,121
-
24d · Other expenses: BRINE AND CHEMICALS
total $334,616 · program services $334,616
-
24e · All other expenses
total $1,180,463 · program services $928,759 · management and general $159,025 · fundraising $92,679
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,315,157 · end of year $1,766,408
-
2 · Savings and temporary cash investments
beginning of year $4,040,152 · end of year $7,275,686
-
3 · Pledges and grants receivable
beginning of year $590,132 · end of year $754,866
-
4 · Accounts receivable
beginning of year $365,768 · end of year $270,045
-
9 · Prepaid expenses and deferred charges
beginning of year $462,098 · end of year $277,075
-
10a · Land, buildings and equipment: cost or other basis
$75,098,991
-
10b · Land, buildings and equipment: accumulated depreciation
$41,899,750
-
10c · Land, buildings and equipment, net
beginning of year $32,875,006 · end of year $33,199,241
-
11 · Investments: publicly traded securities
beginning of year $10,061,646 · end of year $9,099,744
-
15 · Other assets
beginning of year $1,401,683 · end of year $2,134,780
-
17 · Accounts payable and accrued expenses
beginning of year $2,203,391 · end of year $2,572,807
-
19 · Deferred revenue
beginning of year $3,503,185 · end of year $1,273,422
-
23 · Secured mortgages and notes payable
beginning of year $5,404,354 · end of year $7,731,806
-
25 · Other liabilities
beginning of year $469,323 · end of year $438,337
-
27 · Net assets without donor restrictions
beginning of year $38,996,108 · end of year $41,236,621
-
28 · Net assets with donor restrictions
beginning of year $1,535,281 · end of year $1,524,852
Mission and programs · 2022
Mission
TO INSPIRE PEOPLE TO CARE FOR AND PROTECT OUR OCEAN PLANET THROUGH EDUCATION AND RESEARCH.
Activities or mission (Part I)
TO INSPIRE PEOPLE TO CARE FOR AND PROTECT OUR OCEAN PLANET THROUGH EDUCATION AND RESEARCH
-
THE ORGANIZATION OPERATES AN AQUARIUM WHICH IS OPEN TO THE GENERAL PUBLIC. PROGRAMS INCLUDE ANIMAL HUSBANDRY AND REHABILITATION FOR MARINE MAMMALS, PENGUINS, FISHES AND AQUATIC INVERTEBRATES. DURING 2022 THERE WERE APPROXIMATELY 787,000 VISITORS THAT CAME TO THE AQUARIUM.
Expenses $15,115,990 · Revenue $22,033,010
-
THE ORGANIZATION ALSO SUPPORTS EDUCATION AND RESEARCH PROGRAMS AT THE AQUARIUM, AND THROUGH TRAVELING TEACHERS' PROGRAMS TO STUDENTS AND THEIR SCHOOLS. DURING THE CALENDAR YEAR 2022 APPORXIMATELY 85,000 STUDENTS BENEFITED FROM THE EDUCATION AND RESEARCH PROGRAMS.
Expenses $4,687,898 · Grants $14,398 · Revenue $1,129,982
-
OTHER VISITOR SERVICES PROVIDED BY THE ORGANIZATION INCLUDE PROMOTING EDUCATION, RESEARCH, AND LEARNING ABOUT OUR OCEAN PLANET.
Expenses $3,076,857 · Grants $69,448 · Revenue $55,368
As filed on the 2022 return.
Listed in Part VII
-
Alex MarkuALEX MARKU
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Antonio RobertoANTONIO ROBERTO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cecilie JedlickaCECILIE JEDLICKA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr George M Milne JrDR GEORGE M MILNE JR
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Dr Sarah KellyDR SARAH KELLY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ed CassidyED CASSIDY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
George KirbyGEORGE KIRBY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jason ReeseJASON REESE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John HolsteinJOHN HOLSTEIN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Michael LechMICHAEL LECH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael RauhMICHAEL RAUH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patrick GreenPATRICK GREEN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Paul RobertsonPAUL ROBERTSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Peter B Barr PhDPETER B BARR PHD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Peter G DrakosPETER G DRAKOS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Richard KatzRICHARD KATZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Robert Williams JrROBERT WILLIAMS JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rodney ButlerRODNEY BUTLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephen M Coan PhDSTEPHEN M COAN PHD
OUTGOING PRESIDENT, CEO
- Total calculated
- $659,363
- From this org
- $628,339
- From related orgs
- $0
- Other
- $31,024
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $293,843
- Bonus
- $100,000
- Other
- $234,496
- Deferred
- $6,773
- Nontaxable benefits
- $24,251
- Filer's total
- $659,363
-
Steve K PerrelliSTEVE K PERRELLI
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Susette TibusSUSETTE TIBUS
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Tan Hee TeckTAN HEE TECK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Thomas MarraTHOMAS MARRA
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Timothy J KaneTIMOTHY J KANE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom MoseyTOM MOSEY
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Veronica DowlingVERONICA DOWLING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Katrina S CubinaKATRINA S CUBINA
INTERIM CEO/SENIOR VP, MISSION PROGRAM
- Total calculated
- $320,206
- From this org
- $295,194
- From related orgs
- $0
- Other
- $25,012
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $259,967
- Bonus
- $35,227
- Other
- $0
- Deferred
- $2,582
- Nontaxable benefits
- $22,430
- Filer's total
- $320,206
-
Koray GurzKORAY GURZ
SVP, CFO
- Total calculated
- $311,240
- From this org
- $277,152
- From related orgs
- $0
- Other
- $34,088
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $251,926
- Bonus
- $25,226
- Other
- $0
- Deferred
- $4,254
- Nontaxable benefits
- $29,834
- Filer's total
- $311,240
-
Allison TuttleALLISON TUTTLE
SVP, ZOOLOGICAL OPERATIONS
- Total calculated
- $247,464
- From this org
- $235,628
- From related orgs
- $0
- Other
- $11,836
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $220,402
- Bonus
- $15,226
- Other
- $0
- Deferred
- $3,409
- Nontaxable benefits
- $8,427
- Filer's total
- $247,464
-
Eric AndersonERIC ANDERSON
DIRECTOR OF ANIMAL CARE AND WELFARE
- Total calculated
- $199,739
- From this org
- $179,867
- From related orgs
- $0
- Other
- $19,872
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,667
- Bonus
- $3,200
- Other
- $15,000
- Deferred
- $0
- Nontaxable benefits
- $19,872
- Filer's total
- $199,739
-
Keith SorensenKEITH SORENSEN
SR VP OF FACILITIES AND CAPITAL PROJECTS
- Total calculated
- $192,034
- From this org
- $174,982
- From related orgs
- $0
- Other
- $17,052
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,756
- Bonus
- $15,226
- Other
- $0
- Deferred
- $3,263
- Nontaxable benefits
- $13,789
- Filer's total
- $192,034
-
Tina CouchTINA COUCH
VP DEVELOPMENT
- Total calculated
- $214,052
- From this org
- $210,723
- From related orgs
- $0
- Other
- $3,329
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $190,497
- Bonus
- $20,226
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $3,329
- Filer's total
- $214,052
-
Tracy RomanoTRACY ROMANO
VP CHIEF SCIENTIST
- Total calculated
- $171,668
- From this org
- $171,439
- From related orgs
- $0
- Other
- $229
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,239
- Bonus
- $10,200
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $229
- Filer's total
- $171,668
-
Larry RivardeLARRY RIVARDE
FORMER EXECUTIVE VP, COO
- Total calculated
- $162,078
- From this org
- $160,952
- From related orgs
- $0
- Other
- $1,126
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $12,362
- Bonus
- $0
- Other
- $148,590
- Deferred
- $0
- Nontaxable benefits
- $1,126
- Filer's total
- $162,078
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINES 4A-B
- THE OUTGOING CEO RECEIVED A PAYMENT OF $87,299 FROM A 457F RETIREMENT PLAN AND A SEVERANCE PAYMENT OF $147,115 WHICH WERE REPORTED IN HIS 2022 W2. THE FORMER COO RECEIVED A PAYMENT OF $144,009 FROM A 457F PLAN WHICH WAS REPORTED IN HIS 2022 W2.
- PART I, LINE 7
- EXECUTIVE OFFICERS RECEIVED A BOARD APPROVED CALENDAR YEAR 2022 BONUS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
GENERAL SUPPORT
-
GENERAL SUPPORT
-
GENERAL SUPPORT
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
MYSTIC ENTERTAINMENT COMPANY
C · MANAGEMENT OF FOOD SERVICE AT MYSTIC AQUARIUM AND CATERING SERVICES · CT · 100% owned · controlled entity
Directly controlled by SEA RESEARCH FOUNDATION INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 7 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302529349300200
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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