Skip to content
Nonprofiteer
← SHELL MUSEUM AND EDUCATIONAL FOUNDATION INC

Form 990 for tax year 2023

Filed by SHELL MUSEUM AND EDUCATIONAL FOUNDATION INC.

Totals

Total revenue
$3,869,253
Total expenses
$1,354,508
Contributions and grants received
$3,516,308
Grants paid
$0
Program service revenue
$13,569
Investment income
$187,528
Other revenue
$151,848
Total assets, end of year
$14,299,308
Total liabilities, end of year
$426,467
Net assets or fund balances, end of year
$13,872,841
Program services expenses (Part IX)
$866,012
Management and general expenses
$389,275
Fundraising expenses
$99,221
Program service expenses (Part III)
$866,012

Program services were 63.9% 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.

  • 1b · Membership dues

    $74,375

  • 1c · Fundraising events

    $325,947

  • 1e · Government grants (contributions)

    $75,000

  • 1f · All other contributions, gifts and grants

    $3,040,986

  • 1g · Noncash contributions included above

    $263,436

  • 2a · Program service revenue: NAUTILUS SUBSCRIPTIONS

    total $10,439 · related or exempt $10,439

  • 2b · Program service revenue: PROGRAM & FIELD TRIPS

    total $3,130 · related or exempt $3,130

  • 3 · Investment income

    total $164,827 · excluded $164,827

  • 7a · Gross sales of assets other than inventory

    securities $321,031

  • 7b · Less cost or other basis and sales expenses

    securities $18,546 · other assets $279,784

  • 7c · Gain or loss

    securities $302,485 · other assets -$279,784

  • 7d · Net gain or loss

    total $22,701 · related or exempt -$279,784 · excluded $302,485

  • 8a · Fundraising events: gross income

    $44,700

  • 8a · Fundraising events: contributions included on line 1c

    $325,947

  • 8b · Fundraising events: direct expenses

    $44,724

  • 8c · Net income from fundraising events

    total -$24 · excluded -$24

  • 10a · Gross sales of inventory

    $29,283

  • 10b · Cost of goods sold

    $13,409

  • 10c · Net income from sales of inventory

    total $15,874 · related or exempt $15,874

  • 11a · Other revenue: FEMA

    total $108,334 · related or exempt $108,334

  • 11b · Other revenue: OTHER INCOME

    total $27,664 · related or exempt $27,664

  • 11e · Other revenue, total

    $135,998

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $107,481 · program services $80,611 · management and general $19,346 · fundraising $7,524

  • 11b · Fees: legal

    total $64,034 · management and general $64,034

  • 11f · Fees: investment management

    total $27,386 · program services $6,572 · management and general $20,224 · fundraising $590

  • 11g · Fees: other

    total $559,042 · program services $396,708 · management and general $124,578 · fundraising $37,756

  • 12 · Advertising and promotion

    total $16,681 · program services $9,973 · management and general $74 · fundraising $6,634

  • 13 · Office expenses

    total $51,076 · program services $19,519 · management and general $30,037 · fundraising $1,520

  • 14 · Information technology

    total $31,466 · program services $11,629 · management and general $15,236 · fundraising $4,601

  • 16 · Occupancy

    total $155,611 · program services $94,322 · management and general $55,001 · fundraising $6,288

  • 17 · Travel

    total $6,708 · program services $5,236 · management and general $808 · fundraising $664

  • 20 · Interest

    total $297 · management and general $297

  • 22 · Depreciation, depletion and amortization

    total $221,572 · program services $159,133 · management and general $49,951 · fundraising $12,488

  • 23 · Insurance

    total $2,476 · management and general $2,476

  • 24a · Other expenses: LIBRARY/EXHIBIT EXPENSES

    total $39,451 · program services $39,451

  • 24b · Other expenses: EDUCATIONAL

    total $29,761 · program services $29,761

  • 24c · Other expenses: FUNDRAISING

    total $20,761 · fundraising $20,761

  • 24d · Other expenses: NAUTILUS EXPENSES

    total $8,981 · program services $8,981

  • 24e · All other expenses

    total $11,724 · program services $4,116 · management and general $7,213 · fundraising $395

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,265,009 · end of year $1,503,193

  • 2 · Savings and temporary cash investments

    beginning of year $221,012

  • 3 · Pledges and grants receivable

    beginning of year $63,750 · end of year $177,500

  • 4 · Accounts receivable

    beginning of year $250 · end of year $136,215

  • 8 · Inventories for sale or use

    beginning of year $14,461 · end of year $67,737

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,954 · end of year $34,914

  • 10a · Land, buildings and equipment: cost or other basis

    $9,476,138

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,072,253

  • 10c · Land, buildings and equipment, net

    beginning of year $6,348,971 · end of year $7,403,885

  • 11 · Investments: publicly traded securities

    beginning of year $2,473,188 · end of year $4,946,799

  • 15 · Other assets

    end of year $29,065

  • 17 · Accounts payable and accrued expenses

    beginning of year $100,361 · end of year $365,177

  • 19 · Deferred revenue

    beginning of year $1,120 · end of year $11,290

  • 23 · Secured mortgages and notes payable

    end of year $50,000

  • 27 · Net assets without donor restrictions

    beginning of year $9,957,473 · end of year $13,632,841

  • 28 · Net assets with donor restrictions

    beginning of year $1,346,641 · end of year $240,000

Mission and programs · 2023

Mission

SHELL MUSEUM AND EDUCATIONAL FOUNDATION, INC. (THE "FOUNDATION") WAS ORGANIZED UNDER THE LAWS OF FLORIDA ON OCTOBER 1, 1986, AS A NON-PROFIT CORPORATION. THE FOUNDATION WAS ESTABLISHED TO OPERATE A CENTER IN SANIBEL, FLORIDA FOR PUBLIC EDUCATION AND FOR THE STUDY, RESEARCH, AND DISPLAY OF MOLLUSKS AND OTHER MARINE LIFE.

Activities or mission (Part I)

TO EDUCATE ABOUT SHELLS THROUGH EXHIBITS, EDUCATIONAL PROGRAMS, LIBRARY AND PUBLICATIONS; TO FURTHER AWARENESS OF NATURE; TO PROMOTE COLLECTION-BASED RESEARCH WITH EMPHASIS ON SOUTHWEST FLORIDA AND THE GULF OF MEXICO.

  • TO EDUCATE ABOUT SHELLS AND MOLLUSKS, THE SHELL-MAKERS, THROUGH EXHIBITS, EDUCATIONAL PROGRAMS, LIBRARY SERVICES AND PUBLICATIONS. TO FURTHER AWARENESS OF NATURE AND THE NATURAL ENVIRONMENT. TO PROMOTE COLLECTION- BASED RESEARCH ON SHELLS AND MOLLUSKS WITH EMPHASIS ON SOUTHWEST FLORIDA AND THE GULF OF MEXICO. OPERATION OF A PUBLIC MUSEUM AND EDUCATIONAL CENTER FEATURES MORE THAN 30 EXHIBITS OF MOLLUSKS FROM AROUND THE WORLD. EXHIBITS ARE DEVOTED TO SHELLS IN ART AND HISTORY, SHELL HABITAT, RARE SPECIMENS, FOSSIL SHELLS, COMMON SOUTHWEST FLORIDA SHELLS, AND MORE. THE LEARNING LAB FEATURES A HANDS-ON PLAY AREA FOR CHILDREN, DISPLAYS, GAMES, AND A TANK WITH INDIGENOUS MOLLUSKS. A HALF-HOUR VIDEO, MOLLUSKS IN ACTION, IS SHOWN ON THE HOUR, AND A CHILDREN'S VIDEO IS SHOWN CONTINUOUSLY. THE MUSEUM STORE OFFERS A WIDE SELECTION OF SHELL BOOKS.

    Expenses $866,012 · Revenue $13,569

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Samuel Ankerson

    EXECUTIVE DI

    Total calculated
    $139,632
    From this org
    $107,481
    From related orgs
    $0
    Other
    $32,151
    Hours/week
    40

  • Mark Anderson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Clair Beckmann

    SECRETARY

    Total calculated
    $0
    Hours/week
    1.8

  • Scot Congress

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2.3

  • Gary Dyer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Barbara Ellis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1.8

  • Roger Grogman

    TREASURER

    Total calculated
    $0
    Hours/week
    1.8

  • Tiffani Kaliko

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Megan Marquardt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Arlene Mowry

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Fran Peters

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Elizabeth Shea PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Kate Sergeant

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Laura Shaffer

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2.3

  • Rich Toth

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Michael Young

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
1 May 2025
IRS schema version
2023v6.0
Source object
202521679349300502

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.