Overview
What is The Florida Aquarium Inc?
The Florida Aquarium Inc, located at 701 Channelside Drive, Tampa, FL, is a leading nonprofit organization dedicated to both entertaining and educating visitors about the natural world. With a commitment to saving marine wildlife, the aquarium welcomes over 900,000 guests annually. Through engaging exhibits and interactive experiences, guests can learn about various aquatic and terrestrial animals, while also discovering the complexities of various ecosystems. The Florida Aquarium's mission extends beyond just being a must-see attraction, as it actively participates in conservation efforts aimed at protecting and restoring Florida's coral and sea turtle populations through groundbreaking research and rescue projects. With a team of 327 employees, this passionate organization continues its work to inspire stewardship and awareness for the natural environment.
Official website here: www.flaquarium.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Star Rating)
The Florida Aquarium Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. With an overall score derived from various beacons, it excels particularly in Accountability & Finance and Leadership & Adaptability, both scoring 100%. This high rating signifies the organization effectively manages its resources and adheres to best practices in governance.
Strengths of the aquarium include a well-independent board comprised of 97% independent members and a solid financial health with a low liabilities to assets ratio of 10.86%. The organization also stands out for its strong feedback collection and utilization practices, both scoring a perfect 100, demonstrating a commitment to community engagement and responsiveness. Additionally, their program expense ratio of 80.34% reflects a focus on direct program services, ensuring that the majority of funds are directed towards their mission.
However, the organization has a lower score in Leadership & Adaptability, at 16%, which may indicate areas for improvement in these aspects. While the high ratings in other categories are commendable, it raises questions about the overall effectiveness of leadership initiatives and how they adapt to challenges within the nonprofit sector. Overall, The Florida Aquarium Inc demonstrates strong financial and operational integrity, but may benefit from enhancing its leadership strategies.
This AI summary has been generated from information found on Charity Navigator.
Is The Florida Aquarium Inc legitimate?
The Florida Aquarium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Florida Aquarium 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: $1,278,979
Professional Fundraising Fees: $26,337
Other Salaries and Wages: $13,682,996
For more financial information, click here
Official website here: www.flaquarium.org
What is the mission statement of The Florida Aquarium Inc?
The Florida Aquarium is dedicated to entertaining, educating, and inspiring a commitment to the natural environment through its mission. With a vision to protect and restore the blue planet, the Aquarium strives to be Florida's leading conservation-focused aquarium. It achieves this by attracting over 900,000 visitors annually and offering educational and community programs to the public. The Aquarium's Animal Ambassadors also play a significant role in showcasing its conservation efforts. Key conservation projects include the propagation and restoration of corals, the rescue and rehabilitation of sea turtles, and the preservation of penguin populations.
Official website here: www.flaquarium.org
Who is the CEO of The Florida Aquarium Inc?
Roger Germann is the CEO of The Florida Aquarium Inc The CEO's salary of The Florida Aquarium Inc is $462,467 and their total compensation is $491,691.
Official website here: www.flaquarium.org
What is the revenue of The Florida Aquarium Inc?
The Florida Aquarium Inc's revenue in 2023 was $40,694,127.
Official website here: www.flaquarium.org
Who are the executives of The Florida Aquarium Inc and what are their salaries?
The average compensation at The Florida Aquarium Inc during 2023 was $35,624. There are 420 employees and 850 volunteers at The Florida Aquarium Inc.
Here are 43 key members and their salaries (The Florida Aquarium Inc's CEO's salary is $462,467 and their total compensation is $491,691):
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Official website here: www.flaquarium.org
Where can I find the form 990 for The Florida Aquarium Inc?
The Florida Aquarium Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.flaquarium.org
Learn more at the official website: www.flaquarium.org
Mission Statement of The Florida Aquarium Inc
The Florida Aquarium, a leading conservation-focused institution, is dedicated to entertaining, educating, and inspiring a sense of stewardship towards our natural environment. With a shared purpose of saving marine wildlife, The Florida Aquarium aspires to be Florida's premier conservation-based aquarium.
Through its mission, The Florida Aquarium welcomes over 900,000 visitors every year to its facility, providing them with engaging and educational experiences. The organization showcases a diverse range of Animal Ambassadors, offering insights into the wonders of the underwater world.
Moreover, The Florida Aquarium extends its reach beyond its physical walls by presenting community programs and outreach initiatives. These programs aim to instill a deep appreciation for the natural world and the importance of conservation efforts. Some of The Florida Aquarium's top conservation projects include the propagation and restoration of corals, the rescue and rehabilitation of sea turtles, and the preservation of penguin populations.
By engaging visitors and the wider community through its immersive experiences and educational programs, The Florida Aquarium fosters a stronger connection to the natural world and inspires a commitment to protect and restore our precious blue planet.
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Impact
October, 2024
The Florida Aquarium Inc plays a vital role in fostering environmental stewardship and promoting conservation efforts in the Tampa Bay region and beyond. By attracting approximately 925,000 visitors in 2022, the Aquarium serves as a significant hub for education and awareness about aquatic ecosystems and the importance of protecting marine wildlife.
Through immersive experiences with a wide range of aquatic and terrestrial animals, visitors gain insights into complex ecosystems, motivating them to take action in conservation efforts. The Aquarium emphasizes interactive and educational exhibits, allowing guests to not only observe but also engage with marine life. This hands-on approach enhances understanding of vital topics such as habitat conservation and species protection.
The Florida Aquarium also conducts groundbreaking research and rescue initiatives aimed at restoring populations of coral and sea turtles, which are critically endangered. Its conservation projects include coral propagation, sea turtle rescue and rehabilitation, and the protection of penguin species, all of which reflect the Aquarium's dedication to preserving biodiversity.
By blending entertainment with education and active conservation efforts, The Florida Aquarium Inc significantly impacts local communities, raising awareness and inspiring collective action toward safeguarding our blue planet.
This information is meant to be a general summary of The Florida Aquarium 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 2023.
- Investment Income: $7,700
- Program Service Revenue: $27,046,949
- Gross Receipts: $48,615,790
Assets and Liabilities:
- Total Assets: $45,850,482
- Total Liabilities: $4,982,820
- Net Assets: $40,867,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Aquarium Visitation Admissions
Revenue
$25,626,250
Education and Community Programs
Revenue
$1,198,574
Conservation and Animal Programs
Revenue
$222,125
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
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