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Animals : Zoos and Aquariums

Virginia Aquarium & Marine Science Center Foundation

It's a life experience

four stars

90.94

717 General Booth Boulevard Virginia Beach, VA 23451
tel: (757) 385-3474   Web Site
EIN: 52-1272309

Board Leadership
Thomas E. Fraim, Jr.
Chairman

CEO
Lynn B. Clements
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 90.94 four stars
  Financial 90.00 four stars
  Accountability & Transparency 92.00 four stars
This rating was published 06/01/2017 and includes data from FY2016, the most recent 990 received at that time.

The mission of the Virginia Aquarium & Marine Science Center Foundation is to increase the public's knowledge and appreciation of Virginia's marine environment and inspire commitment to preserve its existence. We do this through our whale and dolphin watch programs; marine science education outreach; the Ocean In Motion Chesapeake Bay Learning Lab; and programs and exhibits at the Museum. The Museum features over 700,000 gallons of one of the best aquariums and live animal habitats in the country. Visitors can experience hundreds of hands-on exhibits, outdoor aviary, nature trail, marshlands, and a 3D IMAX Theater.

The mission of the Virginia Aquarium & Marine Science Center Foundation is to increase the public's knowledge and appreciation of Virginia's marine environment and inspire commitment to preserve its existence. We do this through our whale and dolphin watch programs; marine science education outreach; the Ocean In Motion Chesapeake Bay Learning Lab; and programs and exhibits at the Museum. The Museum features over 700,000 gallons of one of the best aquariums and live animal habitats in the country. Visitors can experience hundreds of hands-on exhibits, outdoor aviary, nature trail, marshlands, and a 3D IMAX Theater.

Results Information

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Financial

four stars

90.00

Accountability & Transparency

four stars

92.00

This rating was published 06/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
87.4%
  Administrative Expenses 5.5%
  Fundraising Expenses 7.0%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 6.37
  Program Expenses Growth -1.4%
  Liabilities to Assets 2.4%
All data for Financial Performance Metrics calculations was provided by Virginia Aquarium & Marine Science Center Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Virginia Aquarium & Marine Science Center Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Virginia Aquarium & Marine Science Center Foundation (VA) 90.94 four stars
Shedd Aquarium (IL) 89.44 three stars
The Florida Aquarium (FL) 86.27 three stars
Aquarium of the Pacific (CA) 90.11 four stars
Monterey Bay Aquarium (CA) 97.03 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $8,122,326
   Federated Campaigns $0
   Membership Dues $10,870
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $8,133,196
   Program Service Revenue $1,536,207
Total Primary Revenue $9,669,403
   Other Revenue $1,075,288
TOTAL REVENUE $10,744,691
   
EXPENSES  
   Program Expenses $2,698,614
   Administrative Expenses $146,527
   Fundraising Expenses $310,042
TOTAL FUNCTIONAL EXPENSES $3,155,183
   
Payments to Affiliates $0
Excess (or Deficit) for the year $7,589,508
   
Net Assets $24,184,403

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Research and Conservation $922,651 34.2%
Exhibits $907,417 33.6%
Education Programs $868,546 32.2%

Ratings History
Virginia Aquarium & Marine Science Center Foundation has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 06/01/2017 90.94 four stars
2015-06 06/01/2016 94.20 four stars
 
CN 2.0
2015-06 04/01/2016 88.19 three stars
2014-06 08/01/2015 91.10 four stars
2013-06 05/01/2014 86.47 three stars
2012-06 05/01/2013 86.52 three stars
2011-06 10/01/2012 81.22 three stars
2010-06 09/20/2011 82.25 three stars
 
CN 1.0
2009-06 11/01/2010 75.46 two stars
2008-06 11/01/2009 92.70 four stars
2007-06 11/01/2008 94.58 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 52-1272309
Name in IRS Master File VIRGINIA AQUARIUM & MARINE SCIENCE CENTER FOUNDATION INC
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (60) Museum, zoo, planetarium, etc.
(603) Non-financial services of facilities to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 1983
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
None reported -- This organization did not report a CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Virginia Aquarium & Marine Science Center Foundation (VA) 90.94 four stars
Clearwater Marine Aquarium (FL) 97.23 four stars
Aquarium of the Pacific (CA) 90.11 four stars
The Florida Aquarium (FL) 86.27 three stars
North Carolina Aquarium Society (NC) 87.45 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Virginia Aquarium & Marine Science Center Foundation
717 General Booth Boulevard
Virginia Beach, VA 23451
tel: (757) 385-3474
EIN: 52-1272309

Visit Web Site

Board Leadership

Thomas E. Fraim, Jr.
Chairman

CEO

Lynn B. Clements
Executive Director

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