Pier Aquarium Inc
- Assets
- $209.1k
- Revenue
- $210.0k
- Investments
- $0.0
- Employees
- 9
- Location
- St Petersburg, FL
- Founding
- 12/1988
- Data as of
- 09/2021
- EIN
- 59-2899571
Organization Overview
Pier Aquarium Inc, operating under the name Marine Exploration Center St Pete, is located in St Petersburg, FL. The organization was established in 1988. 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, Marine Exploration Center St Pete employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marine Exploration Center St Pete 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, Marine Exploration Center St Pete generated $210.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $187.2k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 6 years. 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
THE ORGANIZATION OPERATES AQUARIA AND OTHER DISPLAYS IN THE CITY OF ST. PETERSBURG AND CARRIES OUT VARIOUS MARINE EDUCATIONAL AND AWARENESS PROGRAMS FOR THE ADVANCEMENT OF PUBLIC INTEREST IN, AND KNOWLEDGE AND UNDERSTANDING OF THE FRAGILE MARINE ENVIRONMENT AND ITS INHABITANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCEMENT OF PUBLIC INTEREST IN AND KNOWLEDGE OF OCEAN AND MARINE LIFE BY CONDUCTING PUBLIC EDUCATION PROGRAMS, AND BUILDING AND OPERATING MARINE SCIENCE EXHIBITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Luther Chairman | OfficerTrustee | 3 | $0 |
Susan Wallace Vice Chair | OfficerTrustee | 0.25 | $0 |
Chuck Papageorgiou Secretary/tr | OfficerTrustee | 0.25 | $0 |
Annica Keeler Director | Trustee | 0.25 | $0 |
Peter Betzer Director | Trustee | 0.25 | $0 |
Aaron Dobiesz Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17 |
| Total Program Service Revenue | $202,821 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,106 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $209,953 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $126,703 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,738 |
| Payroll taxes | $9,797 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,676 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $880 |
| Information technology | $60 |
| Royalties | $0 |
| Occupancy | $168 |
| 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 | $6,268 |
| Insurance | $3,296 |
| All other expenses | $1,771 |
| Total functional expenses | $187,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,264 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,806 |
| 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 | $49,782 |
| Investments—publicly traded securities | $35,124 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,156 |
| Total assets | $209,132 |
| 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 | $1,297 |
| Total liabilities | $1,297 |
| Net assets without donor restrictions | $182,013 |
| Net assets with donor restrictions | $25,822 |
| 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 | $209,132 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pier Aquarium Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
National Marine Sanctuary Foundation Silver Spring, MD PURPOSE: ST. PETE'S SCIENCE FESTIVAL | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Aquarium Inc Atlanta, GA | $503,886,431 | $115,181,059 |
Atlanta-Fulton County Zoo Inc Atlanta, GA | $96,858,254 | $33,379,671 |
Lowry Park Zoological Society Of Tampa Inc Tampa, FL | $46,650,446 | $23,178,622 |
Jacksonville Zoological Society Inc Jacksonville, FL | $79,943,781 | $26,076,784 |
Florida Aquarium Inc Tampa, FL | $42,232,591 | $36,794,893 |
Clearwater Marine Aquarium Inc Clearwater, FL | $104,457,878 | $13,268,223 |
East Coast Zoological Society Of Florida Inc Melbourne, FL | $43,939,395 | $22,350,006 |
Birmingham Zoo Inc Birmingham, AL | $47,894,948 | $17,281,079 |
Zoological Society Of The Palm Beaches Inc West Palm Beach, FL | $42,861,219 | $11,121,912 |
Naples Zoo Inc Naples, FL | $32,477,972 | $8,812,475 |
Central Florida Zoological Society Inc Lake Monroe, FL | $16,975,010 | $9,363,528 |
Zoo Foundation Inc Gulf Shores, AL | $30,326,200 | $4,932,171 |