Overview
What is National Aquarium Foundation Inc?
The National Aquarium Foundation is a nonprofit organization located in Baltimore, Maryland, with the address 111 Market Place, 800. Their primary objective is to financially support the National Aquarium's mission of inspiring people to conserve the world's aquatic treasures. To achieve this, they provide essential funds that contribute to the National Aquarium's initiatives for the betterment of aquatic life.
Official website here: www.aqua.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The National Aquarium Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The charity earned a perfect score in several areas, including board independence and financial oversight, indicating a well-governed organization that effectively utilizes its resources for its mission.
Strengths highlighted in the evaluation include a high program expense ratio of nearly 93%, showcasing that the majority of its funds are directed towards programs rather than administrative costs. Furthermore, the foundation has robust policies in place regarding conflicts of interest and whistleblower protections, which contribute to its overall transparency and ethical governance.
Despite its strengths, the data does not reveal any significant limitations, as the charity demonstrates a solid financial standing with a low liabilities to assets ratio. Overall, the National Aquarium Foundation Inc represents a trustworthy option for donors looking to support a well-managed organization dedicated to marine conservation and education.
This AI summary has been generated from information found on Charity Navigator.
Is National Aquarium Foundation Inc legitimate?
National Aquarium Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Aquarium Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.aqua.org
What is the mission statement of National Aquarium Foundation Inc?
The National Aquarium Foundation works towards inspiring conservation of the world's aquatic treasures. Through financial support, it advances the mission of the National Aquarium. By doing so, the Foundation aims to make a significant impact on preserving aquatic ecosystems and raising awareness for their importance. The Foundation's efforts contribute to the larger goal of inspiring people to take actions that benefit aquatic life and their habitats. The Foundation's financial backing enables the National Aquarium to carry out educational programs, research initiatives, and advocacy efforts that promote the well-being of aquatic species and their environments. With a focus on conservation, the National Aquarium Foundation plays a vital role in fostering a greater appreciation for the world's aquatic treasures.
Official website here: www.aqua.org
Who is the CEO of National Aquarium Foundation Inc?
John C Racanelli is the President/Chief Executive Officer of National Aquarium Foundation Inc. The CEO's salary of National Aquarium Foundation Inc is $0 and their total compensation is $562,724.
Official website here: www.aqua.org
What is the revenue of National Aquarium Foundation Inc?
National Aquarium Foundation Inc's revenue in 2022 was $772,497.
Official website here: www.aqua.org
Who are the executives of National Aquarium Foundation Inc and what are their salaries?
There 9 volunteers at National Aquarium Foundation Inc.
Here are 12 key members and their salaries (National Aquarium Foundation Inc's CEO's salary is $0 and their total compensation is $562,724):
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- Related: $463,133
- Other: $99,591
- Compensation: $0
- Related: $273,190
- Other: $17,169
- Compensation: $0
- Related: $241,348
- Other: $11,489
Official website here: www.aqua.org
Where can I find the form 990 for National Aquarium Foundation Inc?
National Aquarium Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aqua.org
Learn more at the official website: www.aqua.org
Mission Statement of National Aquarium Foundation Inc
The National Aquarium Foundation, a notable non-profit organization, is dedicated to inspiring the conservation of the world's precious aquatic treasures. By providing financial support, the Foundation advances the National Aquarium's mission to captivate people's hearts and minds, instilling in them a deep appreciation for the importance of preserving aquatic habitats and their inhabitants.
Through its financial backing, the National Aquarium Foundation enables the National Aquarium to engage in various initiatives aimed at fostering a greater understanding of aquatic ecosystems and the intricate role they play in our planet's health. The organization's impact extends beyond the walls of the aquarium, as it supports educational programs, research projects, and advocacy efforts, all geared towards inspiring positive change in the world's aquatic environments.
By inspiring individuals to take an active role in the conservation of aquatic treasures, the National Aquarium Foundation fuels a collective effort aimed at safeguarding the future of our planet's diverse and vital aquatic ecosystems. Through its innovative and engaging approaches, the organization inspires a sense of wonder and respect for the natural world, empowering people to make a difference, one drop at a time.
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Impact
October, 2024
The National Aquarium Foundation Inc plays a vital role in inspiring conservation efforts for the world's aquatic treasures. By providing financial support to advance the mission of the National Aquarium, it actively contributes to environmental education and awareness in Baltimore and beyond. Through its initiatives, the foundation cultivates a sense of stewardship for marine life, encourages sustainable practices, and engages the community in the importance of preserving aquatic ecosystems. Its impact resonates not only in local habitats but also fosters a broader appreciation for the planet's diverse aquatic environments.
This information is meant to be a general summary of National Aquarium Foundation Inc. 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: $762,390
- Gross Receipts: $3,309,748
Assets and Liabilities:
- Total Assets: $31,671,979
- Total Liabilities: $83,537
- Net Assets: $31,588,442
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Organization Details
Founding Year
1983
Phone
(410) 576-1187Principal Officer
John C Racanelli
Main Address
111 MARKET PLACE 800, BALTIMORE, MD, 21202
Website
www.aqua.orgNTEE Category
Code: D110 - Animals
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