Florida Aquarium Inc

Organization Overview

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 09/2021, Florida Aquarium Inc employed 320 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 09/2021, Florida Aquarium Inc generated $36.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $20.9m during the year ending 09/2021. While expenses have increased by 3.0% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FLORIDA AQUARIUM'S MISSION IS TO ENTERTAIN, EDUCATE AND INSPIRE STEWARDSHIP ABOUT OUR NATURAL ENVIRONMENT. OUR VISION IS TO PROTECT AND RESTORE OUR BLUE PLANET.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AQUARIUM VISITATION ADMISSIONS - DESPITE THE ONGOING IMPACT OF THE GLOBAL CORONAVIRUS PANDEMIC (COVID-19), THE AQUARIUM NEVER WAVERED FROM ITS MISSION. THE AQUARIUM CONTINUED TO OPERATE UNDER STRICT SAFETY AND CAPACITY PROTOCOLS FOR THE FIRST HALF OF THE YEAR. BY SPRING BREAK IN 2021, VISITATION WAS BACK TO PRE-PANDEMIC LEVELS. THE AQUARIUM ENDED FISCAL 2021 WITH OVER 740,000 VISITORS, DRIVEN BY RECORD-SETTING ATTENDANCE OVER THE SUMMER MONTHS. THESE VISITORS ENJOY AND LEARN ABOUT THE AQUARIUM'S 9,000 AQUATIC PLANT AND MARINE FISH AND ANIMAL RESIDENTS THROUGH SELF-GUIDED TOURS AND GUEST ENGAGEMENT FACILITATORS. THIS EXPERIENCE PROVIDES AN EYE-OPENING WINDOW INTO LIFE BELOW THE SURFACE. MANY OF OUR GUESTS NEVER HAVE THE OPPORTUNITY TO EXPLORE THESE RICH AQUATIC ECOSYSTEMS IN THE WILD, BUT THEY CAN HAVE CLOSE ENCOUNTERS AT THE AQUARIUM. VISITORS TO THE AQUARIUM ARE EXPOSED TO FRAGILE NATURE AND THE IMPORTANCE OF FLORIDA'S AQUATIC ENVIRONMENT. THE AQUARIUM CONTINUED CELEBRATING ITS 25TH ANNIVERSARY INTO 2021 AS A COMMUNITY PARTNER AND RESOURCE. THE "WASHED ASHORE: ART TO SAVE THE SEA" EXHIBIT WAS DISPLAYED. IN CONJUNCTION WITH SUPERBOWL LV, ANOTHER LOCALLY-CREATED BY SCHOOLCHILDREN MARINE DEBRIS ART EXHIBIT WAS ALSO DISPLAYED. THANKS TO COVID-RELATED GRANT FUNDING, VIRUS MITIGATING IMPROVEMENTS WERE IMPLEMENTED FOR GUEST SAFETY AND COMFORT. MANY OF THE PROGRAMMATIC EXPERIENCES SUSPENDED DUE TO COVID RETURNED IN FISCAL 2021, INCLUDING THE VERY POPULAR 'SNOW DAYS' PROMOTION OVER THE HOLIDAY SEASON ON THE NEWLY COMPLETED AND OPENED ROOFTOP TERRACE, POWERED BY SOLAR ENERGY.


CONSERVATION, RESEARCH & ANIMAL PROGRAMS - COVID-19 DID NOT STOP THE THE AQUARIUM FROM FURTHERING ITS CONSERVATION MISSION, OR TAKING EXEMPLARY CARE OF THE ANIMAL COLLECTION. RECORDS CONTINUE TO BE SET AND FIRST-EVER ACCOMPLISHMENTS CONTINUE TO BE MADE IN CORAL PROPAGATION AND RESTORATION. THE AQUARIUM MADE HISTORY IN BEING THE FIRST TO SUCCESSFULLY SPAWN CRITICALLY ENDANGERED ATLANTIC CORAL SPECIES IN A LABORATORY SETTING, RATHER THAN THE WILD (WHERE REPRODUCTION HAS BEEN SIGNIFICANTLY REDUCED). EACH YEAR, THE AQUARIUM SUCCESSFULLY SPAWNS ADDITIONAL SPECIES CORAL AND PROVIDES HUNDREDS-OF-THOUSANDS OF CORAL LARVAE TO PARTNERS TO SUPPORT THEIR RESTORATION RESEARCH. AT THE CENTER FOR CONSERVATION (A COLLABORATION BETWEEN THE AQUARIUM, FWC, AND TECO), CONSTRUCTION WAS COMPLETED ON THE THIRD CORAL ARK GREENHOUSE, WHICH IS ALREADY FULL OF GROWING CORAL. THIS NEW ARK JOINS THE OTHER 2 GREENHOUSES, A YOUTH LEARNING CENTER, AND A SEA TURTLE REHABILITATION BUILDING. (CONTINUED IN SCHEDULE O)


EDUCATION AND COMMUNITY PROGRAMS - THE AQUARIUM IS COMMITTED TO BEING A LEADER IN ENVIRONMENTAL AND STEM EDUCATION THROUGH CREATIVE EDUCATION PROGRAMS THAT FORGE PERSONAL CONNECTIONS AND COMMITMENTS TO FLORIDA'S FRAGILE ECOSYSTEMS. OVER ITS HISTORY, THE AQUARIUM HAS REACHED OVER 1.5 MILLION CHILDREN THROUGH ITS EDUCATION PROGRAMS. STUDENTS FROM PRE-KINDERGARTEN THROUGH HIGH SCHOOL WERE EDUCATED THROUGH EXPLORATION OF THE AQUARIUM'S HABITATS & BEHIND-THE-SCENES TOURS; ON FIELD EXPEDITIONS TO NATURE SITES; AND EVEN IN THEIR OWN CLASSROOMS. TO OVERCOME THE COVID-19 CHALLENGES, THE AQUARIUM QUICKLY CREATED VIRTUAL PROGRAMMING OPTIONS TO CONTINUE SHARING LEARNING OPPORTUNITIES. (CONTINUED IN SCHEDULE O)


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Allied Barton Security Services
Security Services
$261,562
Manhattan Construction Company
Construction Services
$2,513,520
All Covered Inc
It Managed Services
$249,746
Bdg Architects
Architectural Services
$181,755
Dunn & Co Inc
Advertising Services
$177,565
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $12,851,482
All other contributions, gifts, grants, and similar amounts not included above$1,547,600
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$14,399,082
Total Program Service Revenue$19,074,555
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 $2,127,723
Miscellaneous Revenue$0
Total Revenue $36,794,893

Grants Recieved

Over the last fiscal year, we have identified 29 grants that Florida Aquarium Inc has recieved totaling $439,256.

Awarding OrganizationAmount
University Of Miami

Coral Gables, FL

PURPOSE: RESEARCH

$139,275
American Association Of Zoological Parks And Aquariums Inc

Silver Spring, MD

PURPOSE: FCNN GRANT, P4P, CONSERVATION PROJECTS & FL BROODSTOCK CORAL HOLDING

$114,205
The Spurlino Foundation

Odessa, FL

PURPOSE: GENERAL OPERATING SUPPORT

$30,000
Sea Turtle Conservancy

Gainesville, FL

PURPOSE: Conservation

$27,000
John A And Elizabeth F Taylor Charitable Foundation Inc

Palm Beach Gardens, FL

PURPOSE: GENERAL

$25,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,136,870
Earnings$306,796
Ending Balance$1,443,666

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