Overview
What is Lake Superior Center?
The Lake Superior Center, located at 353 Harbor Drive, Duluth, MN, 55802, is a nonprofit organization that operates under the name Great Lakes Aquarium at Lake Superior Center. Their primary mission is to engage and inspire, promoting stewardship of wildlife and water. In 2022, they welcomed 200,626 guests while adhering to COVID-19 safety protocols. As restrictions eased, they resumed offering in-person programs, events, and exhibits like dive shows, otter feedings, camps, and more, with safety adaptations. The organization currently employs 95 individuals.
Official website here: www.glaquarium.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 90%, Four-Star out of Four Star rating.
Lake Superior Center has achieved a commendable 90% score, reflecting strong accountability and financial management. The organization boasts a fully independent board and has received top ratings in various governance metrics, including conflict of interest and whistleblower policies. Their high program expense ratio of 88.67% indicates that a substantial portion of their funds is directed toward program services, ensuring that donations are used effectively.
However, while the overall financial health appears robust, the liabilities to assets ratio of 57.34% suggests that the organization may have a moderate level of debt relative to its assets. This could be a point of concern for potential donors who are focused on the financial sustainability of the nonprofit. Additionally, the executive director's salary is noted to be on the higher side at $103,913, which might raise questions about compensation practices within the organization.
Overall, Lake Superior Center demonstrates strong governance and a commitment to financial accountability, making it a reliable choice for donors interested in supporting its mission. Nonetheless, potential contributors may want to consider the organization's financial ratios when making their giving decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Superior Center legitimate?
Lake Superior Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Superior Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $230,892
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,230,463
For more financial information, click here
Official website here: www.glaquarium.org
What is the mission statement of Lake Superior Center?
The Lake Superior Center is committed to engaging and inspiring individuals, promoting stewardship of wildlife and water. Its mission is geared towards inspiring a sense of responsibility and care for the natural world, encouraging visitors to take an active role in its preservation. In 2022, the center welcomed over 200,000 guests while adhering to COVID safety protocols. As restrictions eased, they started offering in-person programs and events with necessary safety adaptations, such as dive shows, otter feedings, camps, and events.
Official website here: www.glaquarium.org
Who is the CEO of Lake Superior Center?
Jay Walker is the Chair of Lake Superior Center.
Official website here: www.glaquarium.org
What is the revenue of Lake Superior Center?
Lake Superior Center's revenue in 2022 was $3,487,177.
Official website here: www.glaquarium.org
Who are the executives of Lake Superior Center and what are their salaries?
The average compensation at Lake Superior Center during 2022 was $15,383. There are 95 employees and 160 volunteers at Lake Superior Center.
Here are 17 key members and their salaries:
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- Compensation: $108,860
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- Other: $29,742
- Compensation: $82,577
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- Other: $9,713
Official website here: www.glaquarium.org
Where can I find the form 990 for Lake Superior Center?
Lake Superior Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.glaquarium.org
Learn more at the official website: www.glaquarium.org
Mission Statement of Lake Superior Center
The Lake Superior Center, a non-profit organization, is dedicated to inspiring and engaging individuals, fostering a sense of stewardship towards wildlife and water. Its mission is geared towards creating a positive impact on the environment, encouraging people to take an active role in preserving and protecting nature.
In the course of its operations, the Lake Superior Center maintains its facilities with utmost care, ensuring a welcoming and safe environment for its visitors. In 2022, the center welcomed 200,626 guests, even amidst the COVID-19 pandemic, adhering to health and safety protocols set by the MN State Health Department and the CDC.
As COVID-19 restrictions began to ease, the Lake Superior Center started offering in-person programs such as dive shows, otter feedings, camps, and events, albeit with necessary safety adaptations. These programs and events are designed to educate and inspire visitors, instilling in them a deeper appreciation for the importance of wildlife and water conservation.
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Impact
June, 2024
The Lake Superior Center's impact is evident in its efforts to engage and inspire individuals while encouraging stewardship of wildlife and water. In 2022, the center welcomed over 200,000 guests into its facilities while adhering to strict COVID safety protocols mandated by health authorities. As restrictions eased, the center was able to resume in-person programs and events, showcasing activities such as dive shows, otter feedings, and camps with necessary adaptations for safety. Through these initiatives, the Lake Superior Center plays a crucial role in promoting environmental awareness and conservation in Duluth, MN.
This information is meant to be a general summary of Lake Superior Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $395
- Program Service Revenue: $2,524,015
- Gross Receipts: $4,154,298
Assets and Liabilities:
- Total Assets: $2,089,642
- Total Liabilities: $1,220,568
- Net Assets: $869,074
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS INCOME
Revenue
$2,115,514
MEMBERSHIP INCOME
Revenue
$231,345
CLASSES AND CAMPS
Revenue
$109,608
EDUCATION AND PROGRAM
Revenue
$67,548
Organization Details
Founding Year
1989
Phone
(218) 740-3474Principal Officer
Jay Walker
Main Address
353 HARBOR DRIVE, DULUTH, MN, 55802
Website
www.glaquarium.orgNTEE Category
Code: C600 - Environment
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