2011-05-13T14:41:29-05:00 2010-12-31 BLACKMAN KALLICK LLP 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2010-01-01 362167918 SHEDD AQUARIUM SOCIETY SHED 3126923114 1200 SOUTH LAKE SHORE DRIVE CHICAGO IL 60605 JOYCE M SIMON 3126923114 2011-05-10 1 DAVID LOWENTHAL 3122071040 2011-05-03 2010 2016-02-24 21:20:13Z TED A BEATTIE 1200 SOUTH LAKE SHORE DRIVE CHICAGO IL 60605 158599954 0 X WWW.SHEDDNET.ORG X 1924 IL THE SHEDD AQUARIUM SOCIETY OPERATES A PUBLIC AQUARIUM TO ENCOURAGE THE CONNECTION BETWEEN ANIMALS AND GUESTS THROUGH EXHIBITS AND EDUCATION PROGRAMS WITH THE GOAL OF PROMOTING AQUATIC CONSERVATION. 54 53 596 639 10000 6170 19152740 29553613 26700326 31267295 -9424513 5466163 1435852 1995558 37864405 68282629 88000 82200 0 0 21462348 22399897 0 0 2865166 28455087 29682083 50005435 52164180 -12141030 16118449 335441651 359774705 66302313 62945170 269139338 296829535 X AT SHEDD AQUARIUM, ANIMALS CONNECT INDIVIDUALS TO THE LIVING WORLD THROUGH EXHIBITS AND EDUCATION PROGRAMS, INSPIRING THEM TO MAKE A DIFFERENCE BY TAKING CONSERVATION ACTION BOTH GLOBALLY AND LOCALLY. 0 0 20677193 29172124 EXHIBITS: SHEDD AQUARIUM IS ONE OF THE LARGEST INDOOR AQUARIUMS IN THE WORLD AND IS INCLUDED ON THE NATIONAL REGISTER OF HISTORIC PLACES. THE AQUARIUMS EXHIBIT PHILOSOPHY IS TO DEVELOP DISPLAYS THAT HELP VISITORS ENJOY THE BEAUTY AND DIVERSITY OF AQUATIC LIFE AND LEARN ABOUT CONSERVATION. OUR EXHIBITS ARE AS DIVERSE AND COMPELLING AS THE NATURAL WORLD THEY REPRESENT. SINCE VARIOUS AUDIENCES HAVE DIFFERENT LEVELS OF ABILITY, EDUCATION AND LEARNING STYLES, OUR EXHIBITS ARE DESIGNED WITH A LAYERED HIERARCHY OF INFORMATION. WE TAKE A MULTI-DISCIPLINARY APPROACH TO EXHIBIT DEVELOPMENT AND EVALUATION. EXHIBIT THEMES ARE BASED ON AUDIENCE FEEDBACK AND HOW THE REGION FITS INTO OUR OVERALL THEME. WE BRING IN CONTENT ADVISORS AS NEEDED AND PERIODICALLY HOLD WORKSHOPS FOR LARGER STAFF GROUPS TO GAIN THEIR INPUT. IN ADDITION, WE HAVE CREATED ADVISORY BOARDS OF COMMUNITY REPRESENTATIVES FROM VARIOUS REGIONS AND INCORPORATE THEIR FEEDBACK, INCLUDING THOUGHTS ON ANIMAL SELECTION, COMMUNITY PROGRAMS AND MARKETING. APPROXIMATELY 2 MILLION GUESTS VISIT THE AQUARIUM EACH YEAR, INCLUDING HUNDREDS OF THOUSANDS OF SCHOOL CHILDREN WHO RECEIVE FREE OR DEEPLY DISCOUNTED ADMISSION. 10351245 ANIMAL HUSBANDRY: THE AQUARIUM HOUSES ONE OF THE LARGEST AND MOST DIVERSE COLLECTIONS OF LIVE AQUATIC ANIMALS IN THE WORLD. CURRENTLY, THIS INCLUDES MORE THAN 32,000 ANIMALS REPRESENTING 1,500 SPECIES OF FISHES, INVERTEBRATES, REPTILES, AMPHIBIANS, BIRDS, AND MARINE MAMMAL AND FRESH WATER MAMMALS. ALTOGETHER, THE COLLECTION INCLUDES 1,800 FISH AND INVERTEBRATES FROM 77 PROTECTED SPECIES. ABOUT 1,700 OF THESE ANIMALS ARE OFF-EXHIBIT FOR BREEDING PURPOSES. IN TOTAL, THE AQUATIC ENVIRONMENTS IN THE BUILDING CONTAIN OVER 5-MILLION GALLONS OF WATER AND ARE SUPPORTED BY APPROXIMATELY 100 MILES OF PLUMBING AND LIFE-SUPPORT SYSTEM PIPES. WATER QUALITY IS MAINTAINED BY STATE OF THE ART COMPUTERIZED SYSTEMS. STAFF FROM OUR ANIMAL HEALTH DIVISION, FISHES AND MARINE MAMMAL DEPARTMENTS AND OUR LIFE SUPPORT OPERATIONS DEPARTMENT ARE INVOLVED IN THE CARE OF THE ANIMALS. STAFF INCLUDE VETERINARIANS, TECHNICIANS, BIOLOGISTS AND ENVIRONMENTAL QUALITY SPECIALISTS WHO WORK IN OUR ANIMAL HOSPITAL AND LABORATORY, AS WELL AS AQUARISTS AND MARINE MAMMAL ANIMAL CARE SPECIALISTS AND TRAINERS. STAFF PARTICIPATE IN CONTINUING EDUCATION ACTIVITIES AND MANY ARE RECOGNIZED EXPERTS IN THEIR FIELD. 8288361 771452 EDUCATION: THE AQUARIUM PROVIDES INFORMAL AS WELL AS FORMAL EDUCATION OPPORTUNITIES FOR THE PUBLIC. IN CONNECTION WITH EXHIBITS, WE PROVIDE TEXT PANELS, VIDEO, PICTURES AND PHOTOS AS WELL AS SELF-GUIDED ACTIVITIES, LIVE INTERPRETATIONS, GUIDED TOURS AND ACTIVITY CENTERS TO ALLOW GUESTS TO EXPLORE IN DIFFERENT WAYS. IN ADDITION, THROUGHOUT THE YEAR, THE AQUARIUM OFFERS INNOVATIVE AQUATIC SCIENCE AND CONSERVATION-RELATED PROGRAMS FOR CHILDREN, ADULTS, FAMILIES, TEACHERS, COMMUNITY AND SCHOOL GROUPS. PROGRAMS INCORPORATE DISTANCE LEARNING, MUSEUM THEATER, MENTORING AND HANDS-ON/MINDS-ON ACTIVITIES. THE AQUATIC SCIENCE CENTER, LOCATED IN THE AQUARIUM, HAS TWO CLASSROOMS, TWO LABORATORIES AND AN ELECTRONIC/DISTANCE LEARNING ROOM. THE AQUARIUM MAINTAINS INDEPENDENT ADVISORY COUNCILS TO HELP EXPAND CURRICULA AND SUPPORT STATE SCIENCE EDUCATION GOALS AS WELL AS DEVELOP INNOVATIVE, HANDS-ON ACTIVITIES, INCLUDING MENTORING OPPORTUNITIES FOR STUDENTS INTERESTED IN MARINE BIOLOGY. 39316799 1 1 0 1 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 1 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 36 0 596 1 1 1 0 0 0 0 1 1 0 0 0 0 X 54 53 0 1 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X JOYCE M SIMON 3126923114 1200 SOUTH LAKE SHORE DRIVE CHICAGO IL 60605 TED A BEATTIE 45.00 X X 554751 0 237913 SCOTT L DILLE 1.00 X 0 0 0 ELLEN D CAYA 1.00 X 0 0 0 RAYMOND M CHIN 1.00 X 0 0 0 ELIZABETH H CONNELLY 1.00 X 0 0 0 EUGENE M CUMMINGS 1.00 X 0 0 0 DAVID W DEVONSHIRE 1.00 X 0 0 0 DAVID L EPSTEIN 1.00 X 0 0 0 TYRONE C FAHNER 1.00 X 0 0 0 SARAH N GARVEY 1.00 X 0 0 0 H JOHN GILBERTSON JR 1.00 X 0 0 0 JOHN J GREISCH 1.00 X 0 0 0 BRETT J HART 1.00 X 0 0 0 WALLACE L HEAD 1.00 X 0 0 0 QUENTIN G HEISLER JR 1.00 X 0 0 0 DANIEL H HENNESSY 1.00 X 0 0 0 ROBERT H JORDAN 1.00 X 0 0 0 BRIAN A KENNEY 1.00 X 0 0 0 RICHARD L KEYSER 1.00 X 0 0 0 THOMAS N KING 1.00 X 0 0 0 CARY A KOCHMAN 1.00 X 0 0 0 DAVID J KOO 1.00 X 0 0 0 ANNE E KREBS 1.00 X 0 0 0 DONNA LAPIETRA 1.00 X 0 0 0 BRUCE K LEE 1.00 X 0 0 0 KYM M HUBBARD 1.00 X 0 0 0 CHERYL E MAYBERRY MCKISSACK 1.00 X 0 0 0 ANDREW MCNALLY V 1.00 X 0 0 0 HARVEY L MILLER 1.00 X 0 0 0 J JAY MILLER 1.00 X 0 0 0 WADE D MIQUELON 1.00 X 0 0 0 PATRICK J MULLEN 1.00 X 0 0 0 ELLEN L O'CONNOR 1.00 X 0 0 0 JANE B PERKINS 1.00 X 0 0 0 BRUCE J PILLER 1.00 X 0 0 0 GINEVRA REED RALPH 1.00 X 0 0 0 SUSAN REGENSTEIN 1.00 X 0 0 0 MARC E ROTHMAN 1.00 X 0 0 0 GREGORY H SACHS 1.00 X 0 0 0 JOHN F SANDNER 1.00 X 0 0 0 NANCY S SEARLE 1.00 X 0 0 0 LLOYD D SEMPLE JR 1.00 X 0 0 0 BENJAMIN M SHAPIRO 1.00 X 0 0 0 MARY S SMITH 1.00 X 0 0 0 GUY E SNYDER 1.00 X 0 0 0 TRACY SOUDER 1.00 X 0 0 0 JOHN P TAGUE 1.00 X 0 0 0 JANE L WARNER 1.00 X 0 0 0 SUSAN E MORRISON 1.00 X 0 0 0 REEVE BYRON WAUD 1.00 X 0 0 0 DAVID P SCHARF 1.00 X 0 0 0 WILLIAM C STEERS JR 1.00 X 0 0 0 DONNA SIMS WILLIAMS 1.00 X 0 0 0 STEVEN M WINTER 1.00 X 0 0 0 JOYCE M SIMON 45.00 X 284607 0 24016 CHRISTOPHER JABIN 45.00 X 217763 0 31478 AMY RITTER COWEN 45.00 X 239676 0 11284 KENNETH T RAMIREZ 45.00 X 181252 0 17167 MICHAEL M DELFINI 45.00 X 188233 0 29144 ILZE BERZINS 45.00 X 178982 0 8492 CHERYL MELL 45.00 X 153967 0 15785 NANCY B ANSCHEL 45.00 X 146429 0 19064 MATTHEW C BURDEN 45.00 X 130865 0 26105 ROGER GERMANN 45.00 X 142692 0 19322 JENNIFER BARYL 45.00 X 135466 0 14255 DEBRA KERR 45.00 X 146828 0 12527 2701511 0 466552 20 1 1 0 KOBOTECH 8 S MICHIGAN AVE CHICAGO IL 60603 AV SERVICES 703015 KIMCO 4700 N OKETO AVE HARWOOD HEIGHTS IL 607064602 CLEANING SERVICES 618529 AMERICAN SECURITY SERVICES 1515 S HARLEM AVE FOREST PARK IL 60130 SECURITY SERVICES 472543 PCI 1 E WACKER DRIVE SUITE 2450 CHICAGO IL 60601 PUBLIC RELATIONS 230010 MILES RIVER DIRECT 19 BOARDMAN LANE HAMILTON MA 01982 DIRECT MAIL MARKETING 201782 11 4965104 292170 5111107 19185232 1653455 29553613 ADMISSIONS 900099 28646974 28646974 FOOD SERVICE 722210 1176295 1176295 EDUCATIONAL PROGRAMS 900099 771452 771452 BELUGA ENCOUNTERS 900099 242737 242737 VALET 900099 98814 98814 331023 282413 48610 31267295 3873355 3873355 2468976 430016 2038960 2038960 2038960 90998265 89405457 1592808 1592808 1592808 244090 292170 481852 -237762 -237762 OTHER REVENUE 900099 194360 10000 184360 194360 68282629 29943576 10000 8775440 7200 7200 75000 75000 2204758 603270 955916 645572 15538264 11576777 2802102 1159385 731433 474327 175491 81615 2641996 1891419 565985 184592 1283446 822911 314348 146187 1513793 1469577 35290 8926 20765 20765 76990 76990 104326 104326 437920 437920 100959 74144 26815 1640723 1618036 22687 3122964 2357757 721187 44020 23474 23474 2144626 2035862 91680 17084 731223 504559 129540 97124 36275 28303 5978 1994 1685064 1682181 2883 11753741 11240706 428674 84361 534797 71979 462818 OTHER CONTRACTUAL SERVI 3344944 2440045 597703 307196 REPAIR AND MAINTENANCE 1196719 995131 171727 29861 OTHER EXPENSES 564394 363501 175392 25501 FOOD SERVICE EXPENSE 544418 544418 PROFESSIONAL DEVELOPMEN 103968 57732 40058 6178 52164180 39316799 9982215 2865166 6514044 18270119 14139822 17339639 1956336 1656930 2015475 1945615 280663682 117668154 170929116 162995528 89802913 124630771 48409600 30742623 1674345 2193480 335441651 359774705 4627794 4916607 893912 803944 31425332 30209312 25000000 22021221 4355275 4994086 66302313 62945170 X 214250760 231243726 43416393 50191190 11472185 15394619 269139338 296829535 335441651 359774705 X 16118449 11571748 X 0 1 1 X 1 1 X 15261627 13171983 26574307 14699777 25342155 95049849 4982732 4376715 5023355 4452963 4211458 23047223 20244359 17548698 31597662 19152740 29553613 118097072 2264514 115832558 6581988 7506777 7152503 5877350 6342331 33460949 21281 32578 39730 121134 10000 224723 1313617 1541730 1315086 119609 184360 4474402 156257146 136431598 0.74130 0.72400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 1 1 3542 0 1 104326 107868 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: PAYMENTS TO OUTSIDE CONSULTANT X X X X 0 113076988 7815313 16378471 941040 136329732 91077342 342242 22598444 941040 113076988 132151788 200000 -36881075 4393371 91077342 0.64870 0.10440 0.24690 0 0 104223519 33812507 70411012 118384296 49767092 68617204 56302545 34088555 22213990 1753322 1753322 162995528 LIMITED PARTNERSHIP INTERESTS 26411342 F INTERESTS IN PRIVATE EQUITY FUNDS 3267264 F INTEREST IN REAL ASSET FUNDS 1064017 F 30742623 ACCRUED POST-RETIREMENT BENEFIT 4994086 4994086 68282629 52164180 16118449 11571748 11571748 27690197 80328325 11571748 911868 12483616 67844709 437920 437920 68282629 52638128 911868 911868 51726260 437920 437920 52164180 PART III, LINE 1A: LIVE ANIMAL INVENTORY THE COSTS OF PURCHASING OR COLLECTING LIVE ANIMALS ARE EXPENSED AS INCURRED. DONATED SPECIMENS ARE NOT VALUED AND, THEREFORE, ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PART III, LINE 4: THE AQUARIUM HOUSES ONE OF THE LARGEST AND MOST DIVERSE COLLECTIONS OF LIVE AQUATIC ANIMALS IN THE WORLD. CURRENTLY, THIS INCLUDES 928 SPECIES OF FISHES AND 198 SPECIES OF INVERTEBRATES. IN ADDITION THERE ARE OVER 39 SPECIES OF REPTILES, 29 SPECIES OF AMPHIBIANS, 10 SPECIES OF MARINE MAMMALS AND 10 SPECIES OF BIRDS. ALTOGETHER, THE COLLECTIONS INCLUDE 1,800 FISHES AND INVERTEBRATES FROM 77 PROTECTED SPECIES. ABOUT 1,700 OF THESE ANIMALS ARE OFF-EXHIBIT FOR BREEDING PURPOSES. AT SHEDD AQUARIUM, ANIMALS CONNECT INDIVIDUALS TO THE LIVING WORLD THROUGH EXHIBITS AND EDUCATION PROGRAMS, INSPIRING THEM TO MAKE A DIFFERENCE BY TAKING CONSERVATION ACTION BOTH GLOBALLY AND LOCALLY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: FIN 48 FOOTNOTE - UNDER GAAP, THE SOCIETY RECOGNIZES INCOME TAX LIABILITIES OR BENEFITS AT THE TIME SUCH AMOUNTS HAVE BEEN INCURRED AND ARE REASONABLY ESTIMABLE. ANY POTENTIAL INTEREST OR PENALTIES RELATED TO POSSIBLE FUTURE TAX LIABILITIES ARE RECORDED AS INCOME TAX EXPENSE. THE SOCIETY BELIEVES IT HAS NO MATERIAL UNRECOGNIZED INCOME TAX BENEFITS OR LIABILITIES AT DECEMBER 31, 2010 AND 2009 AND IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR PERIODS BEFORE 2007. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS 481,852. GIFT SHOPS 430,016. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS 481,852. GIFT SHOPS 430,016. 0 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION SEAHORSE CONSERVATION 75000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES AQUATIC RESEARCH TRIPS 12880 ASIA 0 0 PROGRAM SERVICES COLLECTION RESEARCH 12204 NORTH AMERICA 0 0 PROGRAM SERVICES CONFERENCE ATTENDANCE 8549 EUROPE 0 0 PROGRAM SERVICES SEAFOOD SUMMIT CONFERENCE 2227 SOUTH AMERICA 0 0 PROGRAM SERVICES AQUATIC RESEARCH 16227 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES RESEARCH TRIPS 16197 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2524000 0 0 0 2667284 0 2667284 X NORTH AMERICA SEAHORSE CONSERVATION 75000 CHECK 1 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: SHEDD REQUIRES REPORTS ON HOW FUNDS WERE EXPENDED AND ACCORDING TO PLAN AND EVALUATION OF RESULTS OF THE PROGRAM'S ACCOMPLISHMENTS. TRUSTEE GALA 463010 292170 170840 380778 BLU 73250 0 73250 101074 536260 292170 244090 481852 481852 -237762 1 INTERNATIONAL IGUANA FOUNDATION 1989 COLONIAL PARKWAY FORT WORTH TX 76110 752954637 501(C)(3) 5000 CONSERVATION 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: SHEDD REQUIRES REPORTS ON HOW FUNDS WERE EXPENDED AND ACCORDING TO PLAN AND EVALUATION OF RESULTS OF THE PROGRAM'S ACCOMPLISHMENTS. X 1 1 X X X 1 1 0 1 0 1 0 1 0 TED A BEATTIE 431111 0 101640 0 22000 0 227616 0 10297 0 792664 0 0 0 JOYCE M SIMON 221111 0 26000 0 37496 0 13719 0 10297 0 308623 0 0 0 CHRISTOPHER JABIN 197366 0 5000 0 15397 0 13198 0 18280 0 249241 0 0 0 AMY RITTER COWEN 175176 0 35000 0 29500 0 10692 0 592 0 250960 0 0 0 KENNETH T RAMIREZ 167774 0 10000 0 3478 0 6957 0 10210 0 198419 0 0 0 MICHAEL M DELFINI 163689 0 10000 0 14544 0 10908 0 18236 0 217377 0 0 0 ILZE BERZINS 175654 0 0 0 3328 0 2132 0 6360 0 187474 0 0 0 CHERYL MELL 146089 0 0 0 7878 0 9453 0 6332 0 169752 0 0 0 NANCY B ANSCHEL 131561 0 3000 0 11868 0 8901 0 10163 0 165493 0 0 0 MATTHEW C BURDEN 119893 0 3000 0 7972 0 7972 0 18133 0 156970 0 0 0 ROGER GERMANN 123038 0 5000 0 14654 0 8471 0 10851 0 162014 0 0 0 DEBRA KERR 42655 0 0 0 104173 0 5832 0 6695 0 159355 0 0 0 PART I, LINE 1A PART I, LINE 1A: LINE 1A - HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - THE PRESIDENT/CEO WAS PROVIDED CERTAIN SOCIAL CLUB DUES; THE PORTION OF THIS BENEFIT NOT RELATED TO BONA FIDE BUSINESS PURPOSES WAS TREATED AS TAXABLE COMPENSATION. PART I, LINE 4A PART I, LINE 4A: LINE 4A - DEBRA B. KERR - SEVERANCE PAY $95,425 LINE 4B - THE PRESIDENT/CEO PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN AS DESCRIBED IN SECTION 457(F). TOTAL CONTRIBUTIONS FOR THE YEAR WERE $212,916. PART I, LINE 5 PART I, LINE 5: LINE 5A - A PORTION OF THE BONUSES PAID TO CERTAIN PERSONS LISTED IN PART VII, SECTION A, LINE 1A WERE CONTINGENT ON A PORTION OF THE ORGANIZATION'S REVENUES. PART I, LINE 6 PART I, LINE 6: LINE 6A - A PORTION OF THE BONUSES PAID TO CERTAIN PERSONS LISTED IN PART VII, SECTION A, LINE 1A WERE CONTINGENT ON A PORTION OF THE ORGANIZATIONS NET EARNINGS. PART I, LINE 7 PART I, LINE 7: PART 7A - BONUSES WERE PAID TO CERTAIN PERSONS LISTED IN PART VII, SECTION A, LINE 1A AT THE DISCRETION OF THE BOARD OF TRUSTEES AND PRESIDENT/CEO. ILLINOIS FINANCE AUTHORITY 861091967 45200BSF6 2005-11-08 35881436 ADVANCE REFUND 1997 BONDS 0 0 0 35881436 38644694 470480 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 28 1334460 FAIR MARKET VALUE X FOOD & BEVERAGE 32 217217 FAIR MARKET VALUE X AIRLINE TICKETS 1 72257 FAIR MARKET VALUE X MISCELLANEOUS 3 29521 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS THE POWER AND AUTHORITY OF THE BOARD OF TRUSTEES AND MAY ACT ON BEHALF OF THE BOARD OF TRUSTEES BETWEEN MEETINGS OF THE BOARD, SUBJECT TO CERTAIN LIMITATIONS. UNDER THE TERMS OF THE ORGANIZATION'S BYLAWS, THE EXECUTIVE COMMITTEE IS MADE UP OF FIVE TO TEN MEMBERS OF THE BOARD OF TRUSTEES ELECTED BY THE BOARD AT ITS ANNUAL MEETING; IN ADDITION, THE CHAIRPERSON OF THE BOARD SERVES AS AN EX OFFICIO MEMBER WITH A VOTE. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTS WITH SODEXO AMERICA, LLC AND EVENT NETWORK, INC. TO MANAGE AND OPERATE FOOD SERVICES AND GIFT SHOPS, RESPECTIVELY, AT THE AQUARIUM. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS TO ESTABLISH A SEPARATE AUDIT COMMITTEE OF THE BOARD MADE UP OF INDEPENDENT TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE COMPLETED FORM 990, INCLUDING SCHEDULES, WAS DISTRIBUTED TO THE MEMBERS OF THE AUDIT COMMITTEE (THE COMMITTEE) OF THE BOARD OF TRUSTEES. THE COMMITTEE MET WITH THE ORGANIZATION'S PRESIDENT/CEO AND CHIEF FINANCIAL OFFICER TO REVIEW THE FORM 990 AND RELATED SCHEDULES. SUBSEQUENTLY, EACH TRUSTEE WAS REQUESTED TO REVIEW THE FINAL FORM 990, INCLUDING SCHEDULES, WHICH HAD BEEN UPLOADED TO THE TRUSTEES' EXTRANET SITE. ALL QUESTIONS OR COMMENTS WERE DIRECTED TO THE ORGANIZATION'S CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, TRUSTEES, AFFILIATES, EMPLOYEES AND VOLUNTEERS ARE ASKED TO REVIEW THE ORGANIZATION'S CODE OF ETHICS AND COMPLETE A CODE OF ETHICS STATEMENT AND QUESTIONNAIRE, WHICH INCLUDES THEIR AGREEMENT TO REPORT PROMPTLY ANY REPORTABLE MATTERS. SUCH STATEMENTS ARE REVIEWED AND EVALUATED BY THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE (THE COMMITTEE) OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR THE ANNUAL REVIEW OF THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. ALL MEMBERS OF THE COMMITTEE ARE INDEPENDENT. IN DETERMINING THE COMPENSATION OF THE PRESIDENT/CEO, THE COMMITTEE EVALUATES HIS PERFORMANCE AGAINST PREVIOUSLY AGREED UPON CRITERIA, CONSIDERS COMPARABLE MARKET DATA, THEN DEBATES AND DOCUMENTS ITS RECOMMENDATION OF REASONABLE COMPENSATION. IN DETERMINING THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES, THE SAME PROCEDURES ARE PERFORMED; HOWEVER, THE COMMITTEE CONSIDERS THE CEO'S EVALUATION OF THE STAFFS' PERFORMANCE. THE RECOMMENDATIONS ARE THEN TAKEN TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR FINAL REVIEW AND ACTION. FORM 990, PART VI, SECTION C, LINE 19 CERTAIN OF THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. IT'S AUDITED FINANCIAL STATEMENTS AND PUBLIC-DISCLOSURE COPIES OF ITS FORM 990 ARE INCLUDED ON ITS WEB SITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 11,571,748. EXECUTIVE COMMITTEE AUTHORITY FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS THE POWER AND AUTHORITY OF THE BOARD OF TRUSTEES AND MAY ACT ON BEHALF OF THE BOARD OF TRUSTEES BETWEEN MEETINGS OF THE BOARD, SUBJECT TO CERTAIN LIMITATIONS. UNDER THE TERMS OF THE ORGANIZATION'S BYLAWS, THE EXECUTIVE COMMITTEE IS MADE UP OF FIVE TO TEN MEMBERS OF THE BOARD OF TRUSTEES ELECTED BY THE BOARD AT ITS ANNUAL MEETING; IN ADDITION, THE CHAIRPERSON OF THE BOARD SERVES AS AN EX OFFICIO MEMBER WITH A VOTE.