Overview
What is Monterey Bay Aquarium Foundation?
The Monterey Bay Aquarium Foundation, based at 886 Cannery Row, Monterey, California, is a nonprofit organization dedicated to marine conservation and exhibition. With a workforce of 579 employees, they operate and maintain the Aquarium's living galleries, investing over $48 million annually. They are currently improving infrastructure, such as the Kelp Forest exhibit and seawater intake pipes, to ensure the Aquarium's long-term success. Additionally, the Foundation's Animal Care and Water Science teams are pioneering techniques to care for deep-sea species, showcasing new exhibits like Into the Deep/En lo Profundo. This exhibit, the first fully bilingual one, brings the ocean's wonders to a diverse audience, inspiring conservation efforts and reaching millions worldwide.
Official website here: www.montereybayaquarium.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star Rating)
The Monterey Bay Aquarium Foundation has achieved a remarkable 98% rating, indicating strong performance in both accountability and finance. With a perfect score of 100 in these areas, the organization demonstrates a solid commitment to transparency and responsible financial management. The foundation has a high program expense ratio of 81.23%, showcasing its dedication to using funds effectively towards its mission.
The foundation's leadership and adaptability also receive a perfect score, reflecting its ability to navigate challenges and maintain a strong organizational structure. With a majority of its board members being independent, the foundation emphasizes governance and oversight, contributing positively to its operational credibility. Additionally, the organization has implemented multiple equity practices, underscoring its commitment to inclusivity.
While user feedback from platforms such as Great Nonprofits was not available, the financial and governance metrics present a compelling case for the foundation's stability and effectiveness. Overall, the Monterey Bay Aquarium Foundation stands out as a well-managed nonprofit dedicated to its mission of ocean conservation and education.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Monterey Bay Aquarium Foundation legitimate?
Monterey Bay Aquarium Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monterey Bay Aquarium Foundation 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: $3,007,794
Professional Fundraising Fees: $286,840
Other Salaries and Wages: $34,704,354
For more financial information, click here
Official website here: www.montereybayaquarium.org
What is the mission statement of Monterey Bay Aquarium Foundation?
The Monterey Bay Aquarium Foundation is dedicated to inspiring ocean conservation through its exhibits and advocacy efforts. Millions of people worldwide are inspired by the Aquarium and turn to it for ocean-related causes. The organization invests significantly in marine life exhibitions and infrastructure improvements to maintain its status as a leading institution. Recent projects include upgrading the Kelp Forest exhibit and repairing seawater intake pipes, ensuring the Aquarium continues to make a difference in ocean conservation for decades to come. Additionally, the Aquarium has made strides in caring for deep-sea species, displaying them to the public for the first time in many cases. In 2022, the Aquarium opened its first fully bilingual exhibit, making its content accessible to a more diverse audience and fostering connections across generations.
Official website here: www.montereybayaquarium.org
Who is the CEO of Monterey Bay Aquarium Foundation?
Unavailable
Official website here: www.montereybayaquarium.org
What is the revenue of Monterey Bay Aquarium Foundation?
Monterey Bay Aquarium Foundation's revenue in 2022 was $208,463,349.
Official website here: www.montereybayaquarium.org
Who are the executives of Monterey Bay Aquarium Foundation and what are their salaries?
The average compensation at Monterey Bay Aquarium Foundation during 2022 was $65,133. There are 579 employees and 1001 volunteers at Monterey Bay Aquarium Foundation.
Here are 35 key members and their salaries:
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- Compensation: $308,056
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- Other: $49,871
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- Other: $36,521
- Compensation: $240,378
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- Other: $40,955
- Compensation: $325,824
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- Other: $36,481
- Compensation: $204,107
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- Other: $17,943
- Compensation: $226,156
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- Other: $38,893
- Compensation: $189,433
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- Other: $25,570
- Compensation: $197,790
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- Compensation: $185,244
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- Other: $13,745
- Compensation: $208,835
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- Other: $31,337
- Compensation: $178,439
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- Other: $49,512
Official website here: www.montereybayaquarium.org
Where can I find the form 990 for Monterey Bay Aquarium Foundation?
Monterey Bay Aquarium Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montereybayaquarium.org
Learn more at the official website: www.montereybayaquarium.org
Mission Statement of Monterey Bay Aquarium Foundation
The Monterey Bay Aquarium Foundation, a leading conservation advocate, is dedicated to inspiring a global commitment to preserving the ocean and its diverse marine life. Millions of people around the world find inspiration in the Aquarium and look to it as a champion for ocean wildlife. The organization's mission is centered on operating and maintaining its living exhibit galleries, which showcase various marine species. As the Aquarium approaches its 40th anniversary, essential infrastructure improvements are underway. These upgrades include refurbishing the Kelp Forest exhibit and addressing aging seawater intake pipes. The Aquarium is collaborating with skilled engineering and design firms to execute these projects without disrupting the animals or seawater.
In addition to maintaining the Aquarium's exhibits, the organization is making strides in advancing techniques for the care and cultivation of deep-sea species. These efforts include raising and displaying previously unseen animals, such as chandelier jellies and snowglobe jellies. The delicate nature of these species necessitates specific water chemistry and temperature requirements to ensure their survival. The Monterey Bay Aquarium Foundation opened its first fully bilingual exhibit, "Into the Deep/En lo Profundo," in 2022. This initiative caters to an increasingly diverse audience and enables families to connect around ocean conservation messages, regardless of language barriers.
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Impact
October, 2024
The Monterey Bay Aquarium Foundation significantly impacts ocean conservation and public education by showcasing marine life and fostering a deeper understanding of ocean ecosystems. Through its immersive exhibits, millions of visitors worldwide are inspired to advocate for the ocean and its wildlife.
The Aquarium's commitment to advancing marine science is evident in its substantial investment of $48,369,881 in the care and exhibition of marine life, ensuring that its galleries remain vibrant and educational. Recent infrastructure improvements, including the replacement of rockwork in the Kelp Forest exhibit and seawater intake pipes, ensure that the Aquarium continues to provide a safe and sustainable environment for its inhabitants while maintaining its status as a leading institution.
The Foundation has also made remarkable strides in the care and display of deep-sea species, with its newest exhibit, "Into the Deep/En lo Profundo," showcasing animals for the first time. Through innovative approaches to water chemistry and temperature control, the teams have successfully raised delicate species like chandelier and snowglobe jellies, captivating audiences and expanding our understanding of these unique ecosystems.
Additionally, the inaugural bilingual exhibit fosters accessibility and inclusivity, enhancing the visitor experience for diverse audiences. By connecting families across generations with the Aquarium's conservation messages, the Monterey Bay Aquarium Foundation plays a crucial role in inspiring future advocates for ocean health and wildlife preservation.
This information is meant to be a general summary of Monterey Bay Aquarium Foundation. 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: $84,696,477
- Program Service Revenue: $57,368,044
- Gross Receipts: $1,123,919,454
Assets and Liabilities:
- Total Assets: $663,947,623
- Total Liabilities: $21,778,069
- Net Assets: $642,169,554
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admission fees
Revenue
$57,178,179
Other Program Revenue
Revenue
$189,865
Organization Details
Founding Year
1978
Phone
(831) 648-4800Main Address
886 Cannery Row, Monterey, CA, 93940
Website
www.montereybayaquarium.orgNTEE Category
Code: D110 - Animals
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