2024-11-13T17:46:06-06:00 2023-12-31 952302617 SINGERLEWAK LLP 10960 WILSHIRE BOULEVARD 11TH FLOOR LOS ANGELES CA 900243783 990 2023-01-01 330532354 AQUARIUM OF THE PACIFIC CORPORATION AQUA 5629511635 100 AQUARIUM WAY LONG BEACH CA 90802 TINA SARTY CONTROLLER 5629511635 2024-11-08 1 0 NANAZ BENYAMINI P00666808 3104773924 2024-11-08 2023 2024-10-15 13:58:12Z DR PETER KAREIVA 100 AQUARIUM WAY LONG BEACH CA 90802 60484913 0 X WWW.AQUARIUMOFPACIFIC.ORG X 1992 CA THE AQUARIUM OF THE PACIFIC'S MISSION IS TO INSTILL A SENSE OF WONDER, RESPECT, AND STEWARDSHIP FOR THE PACIFIC OCEAN, ITS INHABITANTS, AND ECOSYSTEMS. 27 26 494 1297 267558 0 5717348 5477946 39976288 43999804 179768 1035482 5873988 6498378 51747392 57011610 0 0 0 0 22381810 26593385 0 0 2686972 20003000 23788175 42384810 50381560 9362582 6630050 84592548 90299018 10247848 9324268 74344700 80974750 X THE AQUARIUM OF THE PACIFIC'S MISSION IS TO INSTILL A SENSE OF WONDER, RESPECT, AND STEWARDSHIP FOR THE PACIFIC OCEAN, ITS INHABITANTS, AND ECOSYSTEMS. 0 0 34882423 49250636 ANIMAL CARE - THE AQUARIUM'S HUSBANDRY DEPARTMENT OVERSEES ALL OF THE CARE, FEEDING, AND LIFE SUPPORT SYSTEMS NEEDED TO SUPPORT OVER 14,924 ANIMALS REPRESENTING OVER 787 SPECIES IN MORE THAN 100 EXHIBITS, INCLUDING SEVERAL TOUCH TANK EXPERIENCES. SEA LIONS, SEA OTTERS, SHARKS, RAYS, DIVING BIRDS, SEA JELLIES, CORALS, TURTLES, AND FISH OF ALL TYPES FROM TEMPERATE TO TROPICAL SPECIES ARE ON DISPLAY. CARETAKING INCLUDES FEEDING OF THE HIGHEST QUALITY SUSTAINABLE SEAFOOD AVAILABLE, MONITORING WATER QUALITY AND ALL LIFE SUPPORT SYSTEMS, MEDICAL EXAMS AND ROUTINE PROCEDURES, AND PROVIDING PROPER EXHIBIT AND BEHIND THE SCENES SPACE AVAILABLE TO THE ANIMALS.GUEST SERVICES - RESPONSIBLE FOR ALL GUEST INTERACTIONS EXCEPT FOR EDUCATION AND INTERPRETATION. COLLECT FUNDS FROM ON-SITE VISITORS, ENSURE SAFETY AND CLEANLINESS OF THE FACILITYRETAIL OPERATIONS - CREATE OR RESEARCH PRODUCTS FOR SALE THAT REFLECT THE PUBLIC'S DIRECT EXPERIENCE IN THE AQUARIUM, INCLUDING ORIGINAL BOOKS INTERPRETING THE VISITOR EXPERIENCE, AND MERCHANDISE TO EDUCATE AND REMIND THE VISITOR OF THEIR EXPERIENCES AT THE AQUARIUM. 6455839 544099 EDUCATION & CONSERVATION - THE EDUCATION DEPARTMENT OF THE AQUARIUM OF THE PACIFIC STRIVES TO IGNITE INTEREST IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) BY PROVIDING OPPORTUNITIES FOR PEOPLE OF ALL AGES, INTERESTS, AND BACKGROUNDS TO WONDER, EXPLORE, DISCOVER, AND LEARN. WE DO THIS THROUGH PROGRAMS ONSITE, ONLINE, AND IN THE COMMUNITY. IN 2023, THE DEPARTMENT REACHED APPROXIMATELY 143,000 PEOPLE.- 71.7% WERE WITH ONSITE PROGRAMS INCLUDING SCHOOL PROGRAMS, WHALE WATCHES, AND PUBLIC PROGRAMS.- 10.5% WERE THROUGH OUR VIRTUAL PROGRAMMING INCLUDING PAID VIRTUAL FIELD TRIPS AND FREE WEEKLY AQUARIUM ONLINE ACADEMY.- 17.8% WERE WITH ENGAGEMENTS OFFSITE IN THE COMMUNITY SUCH AS FESTIVALS AND RESOURCE FAIRS.THE AQUARIUM'S CONSERVATION WORK EXTENDS ACROSS THE INSTITUTION INCLUDING IN THE HUSBANDRY TEAMS, VETERINARY SERVICES, EDUCATION DEPARTMENT, AND VOLUNTEER SERVICES. IN 2023, THE AQUARIUM CONTINUED ITS MOUNTAIN YELLOW-LEGGED FROG PROGRAM BY RELEASING INDIVIDUALS TO THE WILD AND ITS SEA OTTER SURROGACY PROGRAM BY ACCEPTING SEVERAL RESCUED BABY SEA OTTERS. THE AQUARIUM EXPANDED CONSERVATION INITIATIVES ON SUNFLOWER SEA STARS INCLUDING PARTICIPATING IN A REPRODUCTION EVENT WITH REGIONAL PARTNERS AND CO-LEADING A NEWLY ESTABLISHED PROGRAM FOCUSING ON THE SPECIES UNDER THE ASSOCIATION FOR ZOOS AND AQUARIUMS. 41338262 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 115 0 1 494 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X X TINA SARTY 5629511635 100 AQUARIUM WAY LONG BEACH CA 90802 MARK BERTRAND BOARD MEMBER 1.00 X 0 0 0 ART LEVITT BOARD MEMBER 1.00 X 0 0 0 SAMANTHA ATTWOOD BOARD MEMBER 1.00 X 0 0 0 DAN HOPPER BOARD MEMBER 1.00 X 0 0 0 DAVID CAMERON BOARD MEMBER 1.00 X 0 0 0 ESTHER SM CHUI CHAO BOARD MEMBER 1.00 X 0 0 0 CHARLOTTE GINSBURG BOARD MEMBER 1.00 X 0 0 0 JOSH JONES BOARD MEMBER 1.00 X 0 0 0 SAMUEL KING BOARD MEMBER 1.00 X 0 0 0 STEPHEN OLSON BOARD MEMBER 1.00 X 0 0 0 MARK PAULLIN BOARD MEMBER 1.00 X 0 0 0 KURT SCHULZMAN BOARD MEMBER-CHAIR HR & CO 1.00 X 0 0 0 DONALD TIP TIPPETT BOARD MEMBER 1.00 X 0 0 0 STEPHEN YOUNG BOARD MEMBER 1.00 X 0 0 0 KATHLEEN ECKERT BOARD MEMBER 1.00 X 0 0 0 JENNIFER HAGLE BOARD MEMBER-BOARD SECRETA 1.00 X X 0 0 0 RUSSELL T HILL BOARD MEMBER-CHAIR INVEST. 1.00 X 0 0 0 DOUGLAS OTTO BOARD MEMBER-VICE CHAIR OF 1.00 X 0 0 0 MICHAEL J SONDERMANN BOARD MEMBER-CHAIR FINANCE 1.00 X 0 0 0 THOMAS TURNEY BOARD MEMBER-CHAIR AUDIT C 1.00 X 0 0 0 DR PETER KAREIVA PRESIDENT & CEO 40.00 X X 420167 0 66219 STEPHANIE WEAR BOARD MEMBER 1.00 X 0 0 0 STEPHANIE LESHNEY BOARD MEMBER 1.00 X 0 0 0 KARL PETTIJOHN BOARD MEMBER 1.00 X 0 0 0 EDWIN FEO CHAIR OF BOARD 1.00 X X 0 0 0 CHAWANTHA SAM LIMON BOARD MEMBER 1.00 X 0 0 0 KEN MCBRIDE BOARD MEMBER 1.00 X 0 0 0 CECILE FISHER VP OF MARKETING/CORPORATE SECRETARY 40.00 X 238532 0 27866 TROY GRANDE COO/CFO 40.00 X 351849 0 63305 RYAN ASHTON VP DEVELOPMENT 40.00 X 216421 0 32846 KATHRYN NIRSCHL VP HUMAN RESOURCE 40.00 X 229352 0 46095 JOHN ROUSE CHIEF OF AQUARIUM AND VISITOR OPERATIONS 40.00 X 265634 0 50725 TINA SARTY CONTROLLER 40.00 X 182511 0 10768 LANCE ADAMS VETERINARIAN 40.00 X 137634 0 43494 BRETT LONG SR DIRECTOR OF BIRDS, AMPHIBIANS & MAMMALS 40.00 X 135028 0 25686 DEREK BALSILLIE DIRECTOR OF AV & IT 40.00 X 137978 0 32241 NATE JAROS SR DIRECTOR OF FISH & INVERTEBRATES 40.00 X 130599 0 41436 JENNIE DEAN VP OF EDUCATION AND CONSERVATION 40.00 X 129313 0 44240 2575018 0 484921 29 0 1 0 MEDIASPOT INC 1550 BAYSIDE DRIVE CORONA DEL MAR CA 92625 ADVERTISING 2020484 TG CONSTRUCTION INC 139 NEVADA STREE EL SEGUNDO CA 90245 GENERAL CONTRACTOR 1850883 SMG FOOD AND BEVERAGE LLC 300 E OCEAN LONG BEACH CA 90802 SPECIAL EVENT SERVICES 566385 CEMROCK LANDSCAPES INC 4790 S JULIAN AVE TUSCON AZ 85714 EXHIBIT CONTRACTOR 299159 SIEMENS INDUSTRY INC 6141 KATELLA AVE CYPRESS CA 90630 SUB CONTRACTOR 239433 52 225892 1821171 3430883 100951 5477946 ADMISSIONS 712130 37158209 37158209 MEMBERSHIP FEES 712130 6272307 6272307 EDUCATIONAL PROGRAMS 712130 544099 544099 MISCELLANEOUS 712130 25189 25189 43999804 1035482 1035482 234624 234624 360558 225892 159293 201265 201265 7839760 3314010 4525750 4525750 FOOD SERVICE 722320 857378 589820 267558 LORIKEET NECTAR 712130 422288 422288 MISCELLANEOUS 900099 192503 192503 64570 64570 1536739 57011610 49794735 267558 1471371 1168992 506578 514425 147989 19686057 17208329 1317416 1160312 1004134 820885 136336 46913 3349718 2741537 460871 147310 1384484 1146517 162121 75846 36414 36414 115138 115138 3524413 2213268 1010208 300937 2314370 2305120 982 8268 3593592 3065683 255215 272694 793656 639450 112665 41541 37605 37605 3869079 3561123 191735 116221 260684 191626 58357 10701 54012 35960 14992 3060 4917428 3267508 1639114 10806 624255 600721 21495 2039 ASSET ADJUSTMENT 760417 557126 161231 42060 MAINTENANCE 715738 715738 PRINTING AND PUBLICATIO 609650 421532 188118 SALTWATER 589181 589181 972543 712775 147611 112157 50381560 41338262 6356326 2686972 X 3693704 9438070 23782007 27125648 716513 515785 439245 428549 930786 689014 781070 762505 101700584 50843821 53289746 50856763 959477 482684 84592548 90299018 4832413 4538012 4455958 4303572 959477 482684 10247848 9324268 X 71903560 78566601 2441140 2408149 74344700 80974750 84592548 90299018 6630050 0 X 0 1 X 1 0 X 7616482 10034058 22130780 5717348 5477946 50976614 34973571 13724747 32946295 45541002 49794735 176980350 42590053 23758805 55077075 51258350 55272681 227956964 283830 509490 644084 528987 560237 2526628 0 283830 509490 644084 528987 560237 2526628 225430336 319739 288468 176162 327769 1270106 2382244 319739 288468 176162 327769 1270106 2382244 143148 9523 201265 353936 42909792 24190421 55253237 51595642 56744052 230693144 0.97720 0.97730 0.01030 0.00690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 577271 25801 603072 576863 1 407 577271 527924 48450 489 576863 526710 1214 527924 525701 1009 526710 0.00000 0.90680 0.09320 0 0 55086404 15491559 39594845 24712 24712 0 26402476 23622396 2780080 20186992 11705154 8481838 50856763 OPERATING LEASE LIABILITIES 431092 FINANCE LEASE LIABILITIES 51592 482684 X 60484913 3473303 3473303 57011610 0 57011610 53854863 3473303 3473303 50381560 0 50381560 PART V, LINE 4: THE PRINCIPAL FROM ENDOWMENTS ARE SAVED IN PERPETUITY. A DESIGNATED PORTION OF THE INTEREST MAY BE SPENT EACH YEAR TO SUPPORT PROGRAMS THAT ALIGN WITH OUR MISSION OR TO FULFILL DONOR INTENT. THE AQUARIUM'S POLICY FOR DISTRIBUTION IS TO APPROPRIATE 80% OF THE NET RETURNS GENERATED OVER THE PREVIOUS 12 MONTHS. PART X, LINE 2: THE AQUARIUM IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE AND IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. HOWEVER, THE AQUARIUM IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSE FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS AND, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. THE AQUARIUM HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE AQUARIUM RECOGNIZES POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THE AQUARIUM DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,314,010. SPECIAL EVENT EXPENSES 159,293. ROUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 3,314,010. SPECIAL EVENT EXPENSES 159,293. ROUNDING GALA 586450 225892 360558 83531 75762 586450 225892 360558 83531 75762 159293 201265 1 X X X X X X 0 0 0 0 0 0 0 0 0 DR PETER KAREIVA PRESIDENT & CEO 402070 0 17500 0 597 0 18173 0 48046 0 486386 0 0 0 TROY GRANDE COO/CFO 316849 0 35000 0 0 0 15600 0 47705 0 415154 0 0 0 JOHN ROUSE CHIEF OF AQUARIUM AND VISITOR OPERAT 265029 0 0 0 605 0 11924 0 38801 0 316359 0 0 0 KATHRYN NIRSCHL VP HUMAN RESOURCE 228857 0 0 0 495 0 5508 0 40587 0 275447 0 0 0 CECILE FISHER VP OF MARKETING/CORPORATE SECRETARY 238065 0 0 0 467 0 10088 0 17778 0 266398 0 0 0 RYAN ASHTON VP DEVELOPMENT 215875 0 0 0 546 0 9826 0 23020 0 249267 0 0 0 TINA SARTY CONTROLLER 181914 0 0 0 597 0 8360 0 2408 0 193279 0 0 0 LANCE ADAMS VETERINARIAN 137634 0 0 0 0 0 6808 0 36686 0 181128 0 0 0 JENNIE DEAN VP OF EDUCATION AND CONSERVATION 129313 0 0 0 0 0 6523 0 37717 0 173553 0 0 0 NATE JAROS SR DIRECTOR OF FISH & INVERTEBRATES 130599 0 0 0 0 0 6487 0 34949 0 172035 0 0 0 DEREK BALSILLIE DIRECTOR OF AV & IT 137978 0 0 0 0 0 6792 0 25449 0 170219 0 0 0 BRETT LONG SR DIRECTOR OF BIRDS, AMPHIBIANS & M 135028 0 0 0 0 0 6482 0 19204 0 160714 0 0 0 X MISC DONATED 3 100951 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED FROM THE YEAR END AUDITED FINANCIAL STATEMENTS. DATA AND SCHEDULES FOR THE 990 ARE SUPPORTED BY THE GENERAL LEDGER AND SUBLEDGERS INCLUDING PAYROLL SYSTEM, W-2S AND PAYROLL REGISTERS, DONOR SUBLEDGER AND DONOR DATABASE. THIS INFORMATION IS CONVERTED INTO 990 WORKSHEETS BY THE CONTROLLER AND FORWARDED TO OUR TAX CONSULTANTS FOR INPUT ONTO THEIR SOFTWARE. ONCE COMPLETED, A DRAFT OF THE 990 IS FORWARDED TO THE CFO FOR REVIEW AND A COPY IS DISTRIBUTED TO AN EXECUTIVE TEAM FOR INPUT. QUESTIONS AND REVISIONS ARE RESOLVED BY THE CONTROLLER AND EXECUTIVE TEAM, AND THEN BACK TO THE TAX CONSULTANTS FOR FINAL PREPARATION. SINCE THE BOARD HAS DELEGATED THE REIVEW OF THE TAX RETURN TO THE AUDIT COMMITTEE, THE CFO SENDS A DRAFT DOCUMENT TO THE AUDIT COMMITTEE FOR THEIR DETAILED REVIEW. AFTER THE AUDIT COMMITTEE REVIEW AND INCORPORATION OF ANY CHANGES, THE PUBLIC INSPECTION COPY OF THE TAX RETURN IS MADE AVAILABLE TO THE BOARD OF DIRECTORS AT LARGE FOR THEIR REVIEW IN ADVANCE. IF THE AUDIT COMMITTEE OR OTHER BOARD MEMBERS HAVE ISSUES OR QUESTIONS, THE CFO AND CONTROLLER RESOLVE THOSE ISSUES OR QUESTIONS WITH TAX CONSULTANTS AND OTHER STAFF, AS REQUIRED, PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C 1) WE HAVE A CONFLICT OF INTEREST STATEMENT THAT ALL BOARD DIRECTORS AND EXECUTIVE STAFF ARE REQUIRED TO SIGN ANNUALLY; THE STATEMENTS ARE REVIEWED BY THE CFO. 2) WE HAVE A LIST OF PROFESSIONAL AND VOLUNTEER ASSOCIATIONS ON FILE FOR THE MAJORITY OF OUR BOARD DIRECTORS AND COMPARED AGAINST VENDOR & CONTRACT ACTIVITY REGULARLY THROUGHOUT THE YEAR. CEO, CFO AND CORPORATE SECRETARY MAINTAIN MAJOR CONTRACTS AND REVIEW THOSE GREATER THAN $10,000 AGAINST CONFLICT LIST. BOARD MEMBERS RECUSE THEMSELVES FROM VOTING ON CONTRACTS IN WHICH THEY HAVE A CONFLICT AND STAFF MEMBERS CAN NOT SIGN ON INVOICES TO COMPANIES TO WHICH THEY MAY HAVE A CONFLICT. ANY ACTUAL CONFLICTS ARE REVIEWED BY CEO, CFO, AND CORPORATE SECRETARY. FORM 990, PART VI, SECTION B, LINE 15 990, PART VI, LINE 15A THE SAME PROCESS FOR COMPENSATION DETERMINATION FOR THE CEO IS USED FOR THE POSITION OF CFO. THE FOLLOWING PROCESS IS UNDERTAKEN EVERY TWO YEARS. WE CONDUCT A BIANNUAL, INDEPENDENT EXECUTIVE COMPENSATION STUDY. OUR ESTABLISHED PHILOSOPHY INVOLVES SURVEYING THE SALARIES OF COMPARABLE POSITIONS IN PEER ORGANIZATIONS AND SETTING AND ADJUSTING SALARIES AND RANGES ACCORDING TO THE RESULTS OF THESE REGULAR MARKET SURVEYS. THE POSITIONS INCLUDED IN THE MOST RECENT EXECUTIVE COMPENSATION REVIEW CONDUCTED IN FALL 2023 FOR APPROVED COMPENSATIONS ARE: CEO; CFO; VICE PRESIDENT OPERATIONS; VICE PRESIDENT MARKETING; VICE PRESIDENT DEVELOPMENT; VICE PRESIDENT HUMAN RESOURCES; AND VICE PRESIDENT EDUCATION. THE NEXT COMPENSATION REVIEW WILL TAKE PLACE IN FALL 2025. THE SURVEY IS REVIEWED BY THE COMPENSATION COMMITTEE WHICH IS COMPRISED OF INDEPENDENT BOARD MEMBERS. THE COMPENSATION COMMITTEE PRESENTS THE FINDINGS TO THE WHOLE BOARD THAT APPROVES EXECUTIVE COMPENSATION PHILOSPHY IN GENERAL AND CEO/CFO SALARIES SPECIFICALLY. ALL APPROVALS ARE DOCUMENTED CONTEMPORANEOUSLY IN THE APPROPRIATE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS AND 990 ARE POSTED ON OUR WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FORM 990 IS ALSO AVAILABLE FOR PUBLIC INSPECTION ON WWW.GUIDESTAR.ORG. 990, PART X, LINE 15: THE BEGINNING AND END OF THE YEAR BALANCES IN THE RESTRICTED FACILITY FUNDS ACCOUNT ARE BEING REPORTED ON LINE 2 AS THEY CONSIST OF CASH AND CASH EQUIVALENTS THAT THE ORGANIZATION HAS CONTROL OVER.