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New England Aquarium Corporation

Boston, MA · EIN 04-2297514 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

New England Aquarium Corporation reported $54.6 million in revenue and $55.3 million in expenses for calendar year 2024. Of every $100 it spent, $77.42 went to program services, $15.30 to management and general costs and $7.28 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 64.3% of the total. The highest compensation it reported for one person was $671,882 (PRESIDENT/CHIEF EXECUTIVE OFFICER). 54 people received more than $100,000 in reportable compensation. Revenue rose 12% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $55M

For context, the median across 245 covered animal-related charities: $83.96 programs, $9.42 management, $6.62 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $55M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 245 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
77.4%82.1%
Management & general
Part IX 25(C) ÷ 25(A)
15.3%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
7.3%6.5%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.39$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
18.8%67.3%
Government grants share of revenue
Part VIII 1e ÷ 12
1.6%0.0%
Program service revenue share
Part VIII 2g ÷ 12
64.3%19.3%
Highest reported compensation
Part VII-A, columns D–F
$671,882$314,886
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.21%1.63%
People paid over $100,000
Part VII, line 2
5410
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
20.826.8
Independent voting board members
Part VI 1a–1b
18 of 19100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$30M expenses · 69.0% of program spending · revenue $30M

Exhibition: the New England Aquarium is a massachusetts chapter 180 non-profit corporation formed for the purpose of operating a public aquarium in boston, massachusetts. The mission of the aquarium is to be a catalyst for global change through public engagement, commitment to marine animal conservation, leadership in education, innovative scientific research, and advocacy for a vital and vibrant ocean. In addition to its exhibits, the aquarium operates the simons theatre, gift shop, on-site dining outlets, catered events, and programming in marine research, conservation, and education. The…

$6.9M expenses · 16.0% of program spending · grants $209K · revenue $6.8M

Scientific research and advising:in 2024, the New England Aquarium ('the aquarium") continued conducting applied ocean science research and technical advising/market-based solutions to help deliver on its mission toward a vision for a vital and vibrant ocean for future generations. Much of this was executed by the aquarium's dedicated ocean science research division, the anderson cabot center for ocean life (anderson cabot center").select 2024 notable highlights of anderson cabot center:the blueswell program, an ocean innovation start-up incubator completed its fourth cohort of ocean tech…

$4.3M expenses · 10.0% of program spending · revenue $4.3M

2024 notable highlights of the sea turtle programs:the New England Aquarium has two distinctive programs with sea turtles: we run one of the largest sea turtle rescue operations in the entire united states and we are part of a first-responder network for leatherback sea turtles that get entangled in fishing lines. Both of these programs help maintain sea turtle populations and produce research. The aquarium's sea turtle hospital in quincy, ma treated 518 rescued sea turtles recovered from beaches along cape cod bay during the 2024 cold stun stranding season. In addition to administering to…

$2.1M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CHIEF EXECUTIVE OFFICER
Director/trustee, officer, 39.00 hrs/week
$641,692$0$30,190$671,882
CHIEF OF STAFF
Key employee, 40.00 hrs/week
$335,079$0$18,576$353,655
CHIEF CONSERVATION AND STEWARDSHIP OFFICER
Key employee, 40.00 hrs/week
$339,164$0$11,194$350,358
CHIEF, PEOPLE DIVERSITY OFFICER
Key employee, 40.00 hrs/week
$292,974$0$17,560$310,534
VP, CENTER OCEAN LIFE & CHIEF SCIENTIST
Key employee, 40.00 hrs/week
$246,421$0$61,314$307,735
VP, MARKETING & COMM
Key employee, 40.00 hrs/week
$280,422$0$19,498$299,920
VP, FINANCE PLANNING AND ANALYSIS
Officer, 40.00 hrs/week
$266,343$0$18,991$285,334
VP, DEVELOPMENT
Key employee, 40.00 hrs/week
$267,385$0$17,215$284,600

54 people received more than $100,000 in reportable compensation from New England Aquarium Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$55M$55M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$55M$55M77.4%$96M$671,882
2023 ⓘ$65M$54M77.0%$95M$637,574
2022 ⓘ$62M$45M74.3%$81M$760,456
2021 ⓘ$53M$34M85.6%$66M$443,715
2020 ⓘ$26M$37M86.0%$45M$387,540
2019 ⓘ$49M$46M85.7%$55M$475,365

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b19 · 18 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5407
  • Volunteers Part I, line 6575

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
C & W FACILITY SERVICES INC
Cleaning company
$1,264,333
CONNELLY PARTNERS
Advertising agency
$1,040,740
GRAIN EXCHANGE
Rent
$1,039,213
SECURITAS SECURITY SERVICES USA INC
Security services
$792,445

Individuals listed as contractors are left out. 13 contractors were paid more than $100,000 in all.

Private foundation grants it received

80 private foundations reported grants to New England Aquarium Corporation totaling $6.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from New England Aquarium Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New England Aquarium Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All animal-related charities · Largest charities in Massachusetts

Questions people ask

How much of New England Aquarium Corporation's spending goes to programs?

In calendar year 2024, New England Aquarium Corporation reported that 77.4% of its $55.3 million in expenses went to program services, 15.3% to management and general and 7.3% to fundraising (Form 990, Part IX).

How much does New England Aquarium Corporation pay its top executive?

The largest total compensation New England Aquarium Corporation reported for one person in calendar year 2024 was $671,882, for the role of PRESIDENT/CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does New England Aquarium Corporation get its money?

Of $54.6 million in revenue in calendar year 2024, 18.8% came from contributions and grants (including 1.6% from government grants) and 64.3% from program service revenue (Form 990, Part VIII).

Is New England Aquarium Corporation a registered charity?

The IRS lists EIN 04-2297514 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202522959349301972 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202442849349300619 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202312839349301676 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233199349305103 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202142289349302059 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013119349301106 · read the filing

All filings for EIN 04-2297514: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.