2023-10-10T14:26:15-05:00 2022-12-31 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2022-01-01 042297514 NEW ENGLAND AQUARIUM CORPORATION NEWE 6179735200 CENTRAL WHARF BOSTON MA 021103399 VERONIQUE N SPRUILL PRESIDENT & CEO 6179735200 2023-10-02 1 VERONIQUE SPRUILL 999009999 0 BRENDA L BOOTH P01342395 6177610600 2023-10-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z VERONIQUE N SPRUILL CENTRAL WHARF BOSTON MA 021103399 82284803 0 X WWW.NEAQ.ORG X 1957 MA THE NEW ENGLAND AQUARIUM IS A CATALYST FOR GLOBAL CHANGE THROUGH PUBLIC ENGAGEMENT AND EDUCATION, COMMITMENT TO MARINE ANIMAL CONSERVATION, INNOVATIVE SCIENTIFIC RESEARCH, AND EFFECTIVE ADVOCACY FOR VITAL AND VIBRANT OCEANS. 21 20 348 300 0 0 26809667 26335351 22223023 30096243 426424 661837 3343787 5222539 52802901 62315970 110891 176865 0 0 13696792 19206704 124925 130373 3501729 20085560 25512090 34018168 45026032 18784733 17289938 97527148 114729248 31067297 33654737 66459851 81074511 X THE NEW ENGLAND AQUARIUM IS A CATALYST FOR GLOBAL CHANGE THROUGH PUBLIC ENGAGEMENT AND EDUCATION, COMMITMENT TO MARINE ANIMAL CONSERVATION, INNOVATIVE SCIENTIFIC RESEARCH, AND EFFECTIVE ADVOCACY FOR VITAL AND VIBRANT OCEANS. 0 0 23078164 26642046 EXHIBITION: THE 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 VITAL AND VIBRANT OCEANS. IN ADDITION TO ITS EXHIBITS, THE AQUARIUM OPERATES THE SIMONS THEATRE, GIFT SHOP, CAFE, CATERED EVENTS, EDUCATION PROGRAMS AND SPONSORED PROGRAMMING IN MARINE RESEARCH, CONSERVATION AND EDUCATION. THE AQUARIUM RELIES ON ADMISSIONS REVENUE, RETAIL SALES TO ITS VISITORS AND PRIVATE GIFTS AND GRANTS FOR THE MAJORITY OF ITS OPERATIONS. THESE REVENUES AND SUPPORT ARE PRIMARILY DERIVED FROM VISITORS AND DONORS FROM THE GREATER BOSTON AREA, THE NEW ENGLAND REGION AND TOURISTS TO THE CITY.2022 NOTABLE HIGHLIGHTS:SEAAHEAD, INC. AND THE NEW ENGLAND AQUARIUM'S BLUESWELL COHORT II WRAPPED UP THEIR PROGRAM WITH A PRESENTATION OF THE INNOVATIVE BLUETECH PROJECTS. THE ASPIRING ENTREPRENEURS IN THE SECOND COHORT PRESENTED IDEAS RANGING FROM RESTORING KELP HABITATS TO PLASTIC RECYCLING AND DIGITAL OFFSHORE WIND SOLUTIONS AT DEMO DAY, THE CULMINATION OF THE 20-WEEK INCUBATOR PROGRAM. THE INNOVATIVE INCUBATOR PROGRAM SUPPORTS EARLY-STAGE ENTREPRENEURSHIP IN BLUETECH, AIMING TO BRIDGE GAPS AMONG INNOVATORS, OCEAN EXPERTS, INDUSTRIES, AND THE VENTURE CAPITAL COMMUNITY AND ENABLING A PATH TOWARD COMMERCIALIZATION.SENIOR SCIENTIST AND CHAIR OF THE SPATIAL ECOLOGY, MAPPING, AND ASSESSMENT PROGRAM (ECOMAP) AT THE ANDERSON CABOT CENTER FOR OCEAN LIFE, DR. JESSICA REDFERN, TESTIFIED BEFORE A SUBCOMMITTEE OF THE US HOUSE COMMITTEE ON NATURAL RESOURCES ON A BILL TO ASSIST IN THE CONSERVATION OF THE NORTH ATLANTIC RIGHT WHALE AND A BILL TO ESTABLISH PROGRAMS TO REDUCE THE IMPACTS OF VESSEL TRAFFIC AND UNDERWATER NOISE ON MARINE MAMMALS. IN JULY, DIRECTOR OF ANIMAL HEALTH, DR. CHARLES INNIS, TESTIFIED IN FRONT OF THE US HOUSE OF REPRESENTATIVES' NATURAL RESOURCES SUBCOMMITTEE ON WATER, OCEANS, AND WILDLIFE IN SUPPORT OF THE SEA TURTLE RESCUE ASSISTANCE ACT OF 2022, WHICH ESTABLISHES A FEDERAL GRANT PROGRAM TO PAY FOR THE RECOVERY, CARE, AND TREATMENT OF STRANDED SEA TURTLES AROUND THE COUNTRY TO FILL A CRUCIAL GAP IN SEA TURTLE CONSERVATION. THE NEW ENGLAND AQUARIUM WORKED CLOSELY WITH THE NATIONAL AQUARIUM AND SOUTH CAROLINA AQUARIUM ON INTRODUCING THIS BILL IN THE HOUSE OF REPRESENTATIVES AND WITH SENATOR MARKEY ON THE SENATE VERSION OF THE BILL.THE AQUARIUM CELEBRATED THE 30TH ANNIVERSARY OF THE TEEN INTERNSHIP PROGRAMMAKING IT THE LONGEST-RUNNING PAID TEEN PROGRAM AMONG US AQUARIUMS. SINCE HOSTING THE FIRST TWO TEENS HIRED THROUGH THE SUMMER TEEN INTERNSHIP PROGRAM FOR BOSTON CULTURAL INSTITUTIONS BACK IN 1992, MORE THAN 2,500 STUDENTS HAVE PARTICIPATED IN THE AQUARIUM'S TEEN INTERN PROGRAMS. THIS YEAR, 34 TEEN INTERNS LEARNED ALL ABOUT MARINE SCIENCE, CLIMATE SCIENCE, PUBLIC SPEAKING, AND CUSTOMER SERVICE.IN 2022, WE FOCUSED ON CONTINUING TO IMPROVE THE VISITOR EXPERIENCE WITH NOT ONLY PROGRAMMING IN THE AQUARIUM (ADMISSION REQUIRED) BUT ALSO WITH FREE PROGRAMMING IN OUR SIMONS THEATRE AND ON CENTRAL WHARF PLAZA, SUCH AS A PHOTO EXHIBITION OF NEARBY STELLWAGEN BANK NATIONAL MARINE SANCTUARY. ADDITIONALLY, AS AN ORGANIZATION LOCATED ON A WHARF ALONG BOSTON HARBOR, THE AQUARIUM RECOGNIZES ITS DUTY, AND THAT OF ALL DOWNTOWN WATERFRONT ORGANIZATIONS, TO PREPARE FOR CLIMATE RESILIENCE, WHILE ALSO ENSURING THE AQUARIUM AND THE ENTIRE DOWNTOWN WATERFRONT REMAIN WELCOMING, INCLUSIVE, AND ACCESSIBLE SPACES FOR ALL VISITORS AND COMMUNITY MEMBERS. THIS PROGRAMMING ENGAGED AND INSPIRED GUESTS AS WELL AS THE GENERAL PUBLIC TO PROTECT THE BLUE PLANET; STRENGTHENED SCIENCE LEARNING AND ENVIRONMENTAL STEWARDSHIP OPPORTUNITIES FOR YOUTH; AND ADVANCED STRATEGIC PLAN PRIORITIES.THE FOLLOWING OCCURRED IN 2022 ON THE VISITOR EXPERIENCE FRONT:DURING THE 2021/2022 COLD-STUNNING SEASON, A RECORD NUMBER OF LIVE SEA TURTLES WERE FOUND STRANDED ON CAPE COD BEACHES. THE AQUARIUM'S QUINCY ANIMAL CARE CENTER TOOK IN 525 SEA TURTLE PATIENTS, WHICH INCLUDED THE SECOND-LARGEST EVER INTAKE OF 430 CRITICALLY ENDANGERED KEMP'S RIDLEY SEA TURTLES. THE SEASON ALSO REPRESENTED THE SECOND-LARGEST INTAKE OF LOGGERHEADS, WITH 76 ARRIVING FOR CARE AT THE SEA TURTLE HOSPITAL. DURING THE SUMMER, 60 REHABILITATED SEA TURTLES WERE RELEASED BACK INTO THE OCEAN OFF OF CAPE COD.GROWING NUTRITIOUS FOODS IS A NEW EXHIBIT IN THE BLUE PLANET ACTION CENTER HIGHLIGHTING AQUARISTS' WORK TO GROW HIGH-QUALITY FOOD FOR THE AQUARIUM'S MANY MARINE ANIMALS. RAISING FOOD FOR OUR ANIMALS HELPS TO CREATE A SUSTAINABLE, BIO-SECURE FOOD SOURCE FREE OF CONTAMINANTS. THE HUSBANDRY AND SUSTAINABILITY TEAM RAISES SILVERSIDE FISH, WHICH ARE A MAJOR FOOD SOURCEOVER 12 POUNDS OF SILVERSIDES ARE FED TO AQUARIUM ANIMALS EACH DAYAND THEY ARE PURCHASED FROM VENDORS IN LARGE QUANTITIES. OVER 2,000 JUVENILE SILVERSIDES HAVE BEEN RAISED IN-HOUSE IN THE AQUARIUM'S QUINCY ANIMAL CARE CENTER.ACCLAIMED UNDERWATER PHOTOGRAPHER KEITH ELLENBOGEN BROUGHT THE RICH AND SURPRISING BIODIVERSITY OF MARINE LIFE OFF THE MASSACHUSETTS COASTINCLUDING GREAT WHITE SHARKS, HUMPBACK WHALES, SEABIRDS, PLANKTON, AND NORTH ATLANTIC RIGHT WHALESUP CLOSE FOR VISITORS TO SEE IN HIS FREE OUTDOOR PHOTOGRAPHY EXHIBIT SPACE TO SEA: A PHOTOGRAPHIC JOURNEY INTO STELLWAGEN BANK. TO MARK THE 30TH ANNIVERSARY OF STELLWAGEN BANK NATIONAL MARINE SANCTUARY, 50 OF ELLENBOGEN'S LARGE-SCALE PHOTOGRAPHS WERE ON VIEW OUTSIDE THE AQUARIUM'S SIMONS THEATRE AND ON THE EXTERIOR OF THE AQUARIUM'S BUILDING ALONGSIDE THE HARBORWALK.THE AQUARIUM'S FREE LECTURE SERIES, PRESENTED WITH SUPPORT FROM THE LOWELL INSTITUTE, HOSTED AVARIETY OF SPEAKERS FROM DR. JESS ADKINS, A CHEMICAL OCEANOGRAPHER, TO ACADEMY AWARD-WINNINGFILMMAKER AND AUTHOR CRAIG FOSTER AND PULITZER PRIZE-WINNING SCIENCE WRITER DR. SYLVIA EARLE. THESE WELL-ATTENDED EVENTS CENTERED ON OCEAN ACIDIFICATION, MARINE ANIMALS, CONSERVATION, AND ENVIRONMENTAL JUSTICE.WORLD OCEAN DAY, THE OUR HERITAGE OUR PLANET EVENT, THE FIERCE URGENCY OF NOW FESTIVAL, AND THE SCOUT FESTIVAL WERE SOME OF THE FREE PROGRAMMING OFFERED BY THE AQUARIUM IN EFFORTS TO CONNECT WITH VISITORS, AND INSPIRE AND DEVELOP OCEAN ADVOCATES. ON WORLD OCEAN DAY, ACTIVITIES INSIDE AND OUTSIDE THE AQUARIUMFROM THE "ASK A SCIENTIST BOOTH" TO PRESENTATIONS AND AN INTERACTIVE OCEAN BANNER WHERE VISITORS WERE INVITED TO PLEDGE THEIR SUPPORT FOR PROTECTING OUR OCEANBROUGHT ATTENTION TO THE IMPORTANCE OF OCEAN CONSERVATION. IN OCTOBER, THE AQUARIUM HOSTED AN IN-PERSON FILM SCREENING TO KICK OFF THE HISPANIC ACCESS FOUNDATION'S SECOND ANNUAL OUR HERITAGE, OUR PLANET FILM WEEK IN CELEBRATION OF HISPANIC HERITAGE MONTH. AS PART OF THE FIERCE URGENCY OF NOW FESTIVAL, THE NEW ENGLAND AQUARIUM HELD "COASTLINES & COCKTAILS," A FREE EVENT TO HOST BLACK, INDIGENOUS, AND PEOPLE OF COLOR (BIPOC) YOUNG PROFESSIONALS AND LEARN MORE ABOUT THEIR THOUGHTS ON CREATING A DOWNTOWN WATERFRONT FOR ALL AS WELLAS A SPACE WHERE ALL FEEL A SENSE OF BELONGING. THE SIMONS THEATRE ALSO HOSTED THE SIXTH ANNUAL SCOUT FILM FESTIVAL, WHICH SUPPORTS, EMPOWERS, AND CONNECTS EMERGING FILMMAKERS AND VISUAL STORYTELLERS WORLDWIDE AGED 24 AND UNDER WORKING IN SHORT FILM, PHOTOGRAPHY, AND INNOVATION. 6019814 176865 7512044 IN 2022, THE ANDERSON CABOT CENTER FOR OCEAN LIFE AT THE NEW ENGLANDAQUARIUM (ANDERSON CABOT CENTER; "AQUARIUM") CONTINUED ON OUR LEGACY OF CONDUCTING APPLIED OCEAN SCIENCE RESEARCH, OCEAN POLICY AND TECHNICAL ADVISING/MARKET-BASED SOLUTIONS TO DELIVER ON OUR MISSION AND PROMOTE A VIBRANT AND VITAL OCEAN FOR FUTURE GENERATIONS.SELECT 2022 NOTABLE HIGHLIGHTS:OUR BLUESWELL PROGRAM, AN OCEAN INNOVATION START-UP INCUBATOR, COMPLETED ITS SECOND COHORT (EIGHT OCEAN TECH START-UPS), AND INITIATED ITS THIRD (SIX OCEAN TECH START-UPS) DURING 2022. THE AQUARIUM'S ROLE IN THIS PROGRAM IS TO GUIDE START-UPS ACROSS TECH SECTORS IN ADOPTING OCEAN-FRIENDLY PRACTICES AND METRICS, AID IN THE DILIGENCE PROCESS, AND TO SERVE AS THE FISCAL ADMINISTRATOR FOR THE PROGRAM.OUR OCEAN POLICY TEAM WORKED TO INCORPORATE OUR SCIENTIFIC FINDINGS AND EXPERTISE INTO THE DRAFTING OF THE 5TH NATIONAL CLIMATE ASSESSMENT, WHICH RESULTED IN NEAQ MARINE MAMMAL RESEARCH CITATIONS THROUGHOUT THE DRAFT. OCEAN POLICY ALSO INFORMED THE MARINE MAMMAL PROTECTION COALITION'S PROPOSED PROVISIONS TO THE MARINE MAMMAL PROTECTION ACT BASED ON NEAQ MARINE MAMMAL CLIMATE RESEARCH. EARTH DAY PROVIDED AN OPPORTUNITY TO SHOWCASE OUR CLIMATE LEADERSHIP, WITH NEAQ POSITIONED AS A FELLOW LEADER OF SIGNATORIES TO THE AQUARIUM CONSERVATION PARTNERSHIP CLIMATE COMMITMENT TO WORK TOWARDS THE INSTITUTION'S NET ZERO EMISSIONS GOALS. OCEAN POLICY WAS ALSO FEATURED ON THE NBC BOSTON EARTH DAY SPECIAL REGARDING THE RAPIDLY WARMING GULF OF MAINETHE MARINE CONSERVATION ACTION FUND (MCAF) AWARDED OVER $246,000 FOR 18 CONSERVATION PROJECTS SPEARHEADED BY LOCAL LEADERS IN 14 COUNTRIES. THESE INCLUDED USING DRONES TO STUDY AND PROTECT SEA TURTLE NESTING BEACHES IN PUERTO RICO; WORKING WITH FISHERS TO UNDERSTAND IMPACTS ON CRITICALLY ENDANGERED GUITARFISH IN INDONESIA; AND, BUILDING THE FIRST PHOTO-ID CATALOG OF CRITICALLY ENDANGERED HUMPBACK DOLPHINS IN SENEGAL. MCAF WELCOMED FIVE NEW FELLOWS INTO THE MCAF FELLOWS PROGRAM AND BEGAN PLANNING ITS SECOND GLOBAL FELLOWS SUMMIT TO BE HELD IN SEPTEMBER 2023. MCAF ALSO LAUNCHED NEW GRANT OPPORTUNITIES TO SUPPORT THE DEVELOPMENT AND SUSTAINABILITY OF FELLOWS ORGANIZATIONS AND THEIR EFFORTS TO TRAIN THE NEXT GENERATION OF OCEAN LEADERS. THE MCAF DIRECTOR GAVE AN INVITED TALK AT THE UN OCEAN CONFERENCE (UNOC) IN LISBON ON NEAQ-MCAF'S UN OCEAN DECADE ENDORSED PROJECT, "THE RIPPLE EFFECT" WHICH IS FOCUSED ON CAPACITY SHARING IN COMMMUNITY-BASED CONSERVATION AND RUN IN COLLABORATION WITH MCAF FELLOWS. AT UNOC, THE NEW ENGLAND AQUARIUM BECAME A SIGNATORY ON A DECLARATION PUT FORTH BY THE ALLIANCE OF SMALL ISLAND STATES (AOSIS) THAT AIMS TO PROPEL SCIENCE-BASED OCEAN SOLUTIONS GROUNDED IN INCLUSIVE AND EQUITABLE PARTNERSHIPS IN SMALL ISLAND NATIONS.SCIENTISTS FROM THE ANDERSON CABOT CENTER PUBLISHED THREE PAPERS THAT CONTRIBUTE TO OUR KNOWLEDGE OF CLIMATE-DRIVEN CHANGES IN RIGHT WHALE HABITAT USE AND HELP US ENSURE THAT THIS SPECIES IS PROTECTED IN THE FUTURE. TWO PAPERS FOCUSED ON CAPE COD BAY AND SUGGEST THAT CLIMATE CHANGE HAS RESULTED IN THE PEAK USAGE OF CAPE COD BAY BY RIGHT WHALES OCCURRING LATER IN THE SEASON AND IN A HIGHER ABUNDANCE OF RIGHT WHALES. THE THIRD PAPER HIGHLIGHTS ANOTHER RIGHT WHALE DISTRIBUTION SHIFT THAT IS LIKELY CAUSED BY CLIMATE CHANGE: RIGHT WHALES HAVE RETURNED TO A HISTORIC HABITAT SOUTH OF MARTHA'S VINEYARD AND NANTUCKET.ANDERSON CABOT CENTER AND ADDITIONAL AQUARIUM STAFF PUBLISHED 38 TOTAL PEER-REVIEWED PAPERS/BOOK CHAPTERS IN SCIENTIFIC JOURNALS/BOOK VOLUMES IN 2022. 1003302 590514 EDUCATION AND RESCUE: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, MASS., TREATED 532 RESCUED SEA TURTLES RECOVERED FROM BEACHES ALONG CAPE COD BAY DURING THE 2022 (INTO EARLY 2023) STRANDING SEASON. IN ADDITION TO ADMINISTERING TO CRITICALLY ENDANGERED KEMP'S RIDLEY TURTLES (TOTAL OF 452), OUR SEA TURTLE HOSPITAL TREATED LOGGERHEAD (26) AND GREEN (54) TURTLES SUFFERING FROM LIFE-THREATENING MEDICAL CONDITIONS, INCLUDING PNEUMONIA AND DEHYDRATION. THE HOSPITAL OPERATED AMID STRICT SOCIAL DISTANCING GUIDELINES, INSTITUTING NEW POPULATION MANAGEMENT STRATEGIES AND TEMPERATURE-CONTROLLED CONDITIONS TO MORE EFFICIENTLY STABILIZE TURTLES BEFORE TRANSPORTING THEM TO SECONDARY FACILITIES WHERE THEY COULD BE RELEASED BACK INTO WARMER WATERS.- SEVERAL MEMBERS FROM OUR ANIMAL HEALTH, RESCUE AND REHABILITATION, AND ACCOL TEAMS CONTINUED OUR WORK ON SURGICALLY IMPLANTING ACOUSTIC TAGS IN REHABILITATED LOGGERHEAD SEA TURTLES THAT WERE SUBSEQUENTLY RELEASED BACK TO THE WILD. THIS NOVEL PROCEDURE ENABLED OUR SCIENTISTS TO MONITOR REHABILITATED SEA TURTLES AND RECORD THEIR MIGRATORY PATTERNS AND PREFERRED FEEDING GROUNDS, FOR UP TO A DECADE. DATA COLLECTED TO DATE WAS ANALYZED DURING 2022, AND AN INITIAL MANUSCRIPT ON THE TAGGING PROTOCOL AND TRACKING DATA TO DATE WAS PREPARED TO SUBMIT FOR PUBLICATION.- WE CONTINUED OUR WORK ON ENDANGERED LEATHERBACK TURTLES ENTANGLED IN FISHING GEAR. WE TYPICALLY EVALUATE, DISENTANGLE, AND OUTFIT THE TURTLES WITH ELECTRONIC TAGS THAT ALLOW RESEARCHERS TO ASSESS SURVIVORSHIP OVER THE 30 DAYS AFTER DISENTANGLEMENT, AND TRACK MIGRATION PATTERNS. 3342469 574178 WE CONTINUED TO WORK WITH OUR PARTNERS AT BOSTON HARBOR CITY CRUISES ("BHCC") TO OFFER THE NEW ENGLAND AQUARIUM WHALE WATCH, OPERATED BY BHCC. THIS COMBINED EFFORT GENERATED INCREASED WHALE WATCH ATTENDANCE AND SIGNIFICANTLY EXPANDED THE REACH OF OUR WHALE CONSERVATION PROGRAMMING AND OUR EDUCATIONAL PROGRAMMING, OVERALL.TOTAL OTHER COSTS REPRESENT THE REMAINING PROGRAM SERVICE EXPENSES PER PART IX THAT WERE NOT ATTRIBUTABLE TO EXHIBITION, RESEARCH, OR EDUCATION. TOTAL OTHER REVENUE REPRESENTS PROGRAMMATIC CORPORATE SPONSORSHIPS AND OTHER MISCELLANEOUS INCOME PER PART VIII THAT WERE NOT ATTRIBUTABLE TO EXHIBITION, RESEARCH, OR EDUCATION. 3342469 574178 33443749 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 16 0 1 348 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 20 0 0 0 0 1 0 0 1 1 0 0 0 1 0 0 1 1 1 1 0 MA CT NH ME NY X BRIAN WALSH 6172262320 CENTRAL WHARF BOSTON MA 02110 DAVID ALTSHULER TRUSTEE 1.00 0.00 X 0 0 0 DAVID BECHHOFER TRUSTEE 2.00 0.00 X 0 0 0 BARBARA BURGESS TRUSTEE 1.00 0.00 X 0 0 0 THOMAS R BURTON TRUSTEE 4.00 0.00 X 0 0 0 LINDA N CABOT TRUSTEE 4.00 0.00 X 0 0 0 JARED A CHASE TRUSTEE 2.00 0.00 X 0 0 0 ROBERT CHEN TRUSTEE 1.00 0.00 X 0 0 0 STEVE CURWOOD TRUSTEE (UNTIL 9-22) 1.00 0.00 X 0 0 0 BARBARA EISENSON TRUSTEE 1.00 0.00 X 0 0 0 DANIEL S EVANS TRUSTEE 2.00 0.00 X X 0 0 0 KATHLEEN HEALY TRUSTEE 1.00 0.00 X 0 0 0 TIMOTHY G HEALY TRUSTEE 1.00 0.00 X 0 0 0 PAMELA R HOLDING TRUSTEE 2.00 0.00 X 0 0 0 ALEXANDER D LEVENTHAL TRUSTEE 1.00 0.00 X 0 0 0 RAYMOND F MUI TRUSTEE 1.00 0.00 X 0 0 0 ANNE B PEACHER TRUSTEE 2.00 0.00 X 0 0 0 MARY T RENNER TRUSTEE (UNTIL 12-22) 1.00 0.00 X 0 0 0 DUNCAN W RICHARDSON TRUSTEE (UNTIL 12-22) 1.00 0.00 X 0 0 0 BRIAN SKERRY TRUSTEE 1.00 0.00 X 0 0 0 SAMUEL SLATER TRUSTEE 1.00 0.00 X 0 0 0 ROBERT C TRUMBULL TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM H WELD TRUSTEE 1.00 0.00 X 0 0 0 PETER O WILDE TRUSTEE 1.00 0.00 X 0 0 0 SPRUILL VERONIQUE N PRESIDENT/CEO 39.00 1.00 X X 744349 0 16107 P ERIC KRAUSS EXECUTIVE VP CFO & COO 39.00 1.00 X 316426 0 20074 WALSH BRIAN VP, FINANCE PLANNING AND ANALYSIS 40.00 0.00 X 142396 0 6403 MUSIOL JR RICHARD A VP, EXTERNAL RELATIONS 40.00 0.00 X 250816 0 17971 MATUS SUZANNE L VP, MARKETING & COMM 40.00 0.00 X 250806 0 17780 CLAYTON LEIGH A VP, ANIMAL CARE 40.00 0.00 X 188552 0 12941 MANDELMAN JOHN W VP, CTR OCN LFE & CHF SCI 40.00 0.00 X 224887 0 54654 FONTES KIMBERLY A CHIEF OF STAFF 40.00 0.00 X 229619 0 8183 HUNTER-DYSON LAUREN CHIEF OF PEOPLE AND CAMPUS OPERATIONS 40.00 0.00 X 297422 0 27963 SCOTT ELIZABETH VP, DEVELOPMENT 40.00 0.00 X 189799 0 7394 WONG PATRICIA AVP, FINANCE & CONTROLLER 40.00 0.00 X 224771 0 46455 HAMER MARION S DIRECTOR, IT 40.00 0.00 X 129434 0 4551 MCCONNELL KATIE E AVP, ORG. EFFECTIVENESS 40.00 0.00 X 139488 0 6842 CORKERON PETER SENIOR SCIENTIST 40.00 0.00 X 147323 0 1020 SUTHERLAND JAMES AVP, PUBLIC POLICY & ADVOCACY 40.00 0.00 X 148133 0 1358 3624221 0 249696 30 0 1 0 TURNER CONSTRUCTION COMPANY 2 SEAPORT LANE SUITE 200 BOSTON MA 02210 CONSTRUCTION AND REPAIRS 6684078 C & W FACILITY SERVICES INC 4002 SOLUTIONS CENTER CHICAGO IL 60672 CLEANING COMPANY 1183622 CONNELLY PARTNERS LLC 46 WALTHAM ST BOSTON MA 02118 ADVERTISING AGENCY 873426 DEWEY SQUARE PO BOX 60340 CHARLOTTE NC 28260 CONSULTING 523743 SCHULTZ & WILLIAMS INC ONE PENN CENTER PHILADELPHIA PA 19103 STAFFING SOLUTIONS 310061 13 2696938 1659290 21979123 1680374 26335351 ADMISSIONS 900099 26642046 26642046 RESEARCH, CONSERVATION, ED. 900099 3454197 3454197 30096243 645975 645975 19982823 19966961 15862 15862 15862 4648361 1872 4646489 4646489 FEES 900099 650911 650911 CORPORATE SPONSORSHIP 900099 148818 148818 MISCELLANEOUS INCOME 900099 -223679 -223679 576050 62315970 35318782 0 661837 176865 176865 3121730 644686 1464267 1012777 12722335 8005084 3601016 1116235 459058 339703 82630 36725 1799782 1331838 323961 143983 1103799 816811 198684 88304 260101 192475 46818 20808 125644 92976 22616 10052 220000 220000 130373 130373 2978055 2203760 536050 238245 684631 506627 123234 54770 3805586 3805586 185648 137379 33417 14852 71337 52789 12841 5707 659935 659935 4420441 4420441 714495 528726 128609 57160 COST OF GRANTS AND CONT 4047857 4047857 EQUIPMENT RENTAL AND MA 1395781 1032878 251241 111662 CUSTODIAL SERVICES 1189599 880303 214128 95168 SUPPLIES 763555 565031 137440 61084 3989425 3001999 683602 303824 45026032 33443749 8080554 3501729 2951310 3668053 1844334 2650390 1932955 2570721 9539 7697 592200 662956 130246806 84969193 40865997 45277613 46018457 50104597 3312356 9787221 97527148 114729248 5756355 6278168 8061696 3708406 17249246 16351735 0 7316428 31067297 33654737 X 42619552 57681895 23840299 23392616 66459851 81074511 97527148 114729248 X 17289938 -2947710 272432 X 0 1 X 1 1 1 X 9804985 13841431 15713890 26809667 26333141 92503114 9804985 13841431 15713890 26809667 26333141 92503114 5602162 86900952 734044 604764 306535 392863 645975 2684181 380422 380422 1788656 1813189 676376 505521 799729 5583471 101151188 112087278 0.85910 0.84940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 225934 225934 41296159 41522093 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 210 2220 101041 225934 329405 250000 250000 250000 250000 1000000 1500000 44 1904 1948 1 325000 -249652 229703 1 1 25895457 15000 -2921469 105335 22883653 23133053 15112 2870028 122736 25895457 22857094 15000 499728 238769 23133053 20023426 20377 3242609 429318 22857094 20773026 758000 -840824 666776 20023426 0.36750 0.63250 0.00000 1 0 50235 50235 82763412 54414913 28348499 5878179 3631153 2247026 33641594 20272029 13369565 7913386 6651098 1262288 45277613 BENEFICIAL INTEREST IN PERPETUAL TRUST 2816120 OPERATING LEASE RIGHT-OF-USE ASSETS 6971101 9787221 OPERATING LEASE LIABILITY 7316428 7316428 X 59830730 -2947710 188165 274305 -2485240 62315970 0 62315970 45229968 188165 15771 203936 45026032 0 45026032 PART V, LINE 4: TO GENERATE EARNINGS TO SUPPORT VARIOUS MISSION RELATED PROGRAMS PER INTENT OF NAMED ENDOWMENT FUND AND GENERAL ADMINISTRATION. PART X, LINE 2: THE AQUARIUM ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE AQUARIUM HAS IDENTIFIED ITS TAX STATUS AS A TAX EXEMPT ENTITY AND ITS DETERMINATION AS TO WHAT INCOME IS RELATED OR UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE AQUARIUM HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE AQUARIUM IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE AQUARIUM'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,872. GAIN ON VALUATION OF PENSION LIABILITY 61,393. NET CHANGE IN BENEFICIAL TRUST -511,236. GAIN ON VALUATION OF NON-QUALIFIED PENSION LIABILITY 722,276. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,872. MARINE LIFE CENTER EXPENSES 13,899. 1 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 38344 SOUTH ASIA 0 0 GRANTMAKING.LIST 64 _ 4SURBHI.PATEL@SUREPREP.COM - 08/04/22 02:56 AM WORKSHEET SCHEDULE F - ACTIVITI 26998 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 46020 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING.LIST 69 _ 5SURBHI.PATEL@SUREPREP.COM - 08/04/22 02:56 AM WORKSHEET SCHEDULE F - ACTIVITI 55753 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 9750 0 0 0 0 0 0 176865 0 176865 CENTRAL AMERICA AND THE CARIBBEAN AMIGOS DE LAS TORTUGAS MARINAS UTILIZES UAV DRONES EQUIPPED WITH THERMAL CAMERAS TO IDENTIFY, AND SUBSEQUENTLY PROTECT, COMMON NESTING GROUNDS OF ENDANGERED LEATHERBACK AND HAWKSBILL TURTLES IN PUERTO RICO. 7708 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC FAQIH AKBAR ALHOZALI AND HIS TEAM ARE WORKING TO IDENTIFY ECOLOGICAL INFORMATION ABOUT AND THREATS TO THE GIANT GUITARFISH POPULATION IN THE NORTHERN JAVA SEA. THE TEAM COMBINES SOCIAL RESEARCH, BRUVS SURVEYS, AND COMMUNITY ENGAGEMENT TO ACHIEVE THEIR OBJECTIVE OF PRESERVING ONE OF THE LAST PROTECTED POPULATIONS OF GIANT GUITARFISH. 10000 WIRE TRANSFER 0 SUB-SAHARAN AFRICA THIS GRANT IS TO HELP, SEA TURTLE CONSERVATION CAMPAIGN IN SANTO ANTO ISLAND, CAPE VERDE. 10453 WIRE TRANSFER 0 SUB-SAHARAN AFRICA SHARK-LIKE RAYS ARE AT RISK OF EXTINCTION IN GHANA DUE TO UNREGULATED FISHING AND HIGH DEMAND OF THE SPECIMENS. ISSAH SEIDU AND THE AQUALIFE CONSERVANCY AIM TO EXTEND SHARK-LIKE RAY CONSERVATION EFFORTS TO KEY STAKEHOLDERS AND NEW COASTAL COMMUNITIES THROUGH TRAINING LOCAL FISHERIES OBSERVERS, CREATING AWARENESS ON CONSERVATION NEEDS, AND EDUCATING FISHERS ON THE SAFEST CATCH AND RELEASE METHODS. 12000 WIRE TRANSFER 0 CENTRAL AMERICA AND THE CARIBBEAN ARCAS CARRIES OUT CRAWL COUNT SURVEYS ON SEVEN BEACHES ALONG THE PACIFIC COAST OF GUATEMALA TO PRODUCE AN ANNUAL SITUATIONAL ANALYSIS ON POPULATIONS OF OLIVE RIDLEY, LEATHERBACK AND GREEN SEA TURTLES. THE DATA IS THEN USED TO MAKE CRITICAL DECISIONS ON CONSERVATION PRIORITIES AND POLICIES. 12045 WIRE TRANSFER 0 SOUTH ASIA IN ORDER TO FILL THE FISHERIES DATA GAP ON CHONDRICHTHYANS (SHARKS, RAYS, AND CHIMAERAS), BLUE RESOURCES TRUST SEEKS TO DEVELOP A DATA ANALYSIS AND VISUALIZATION TOOLKIT TO AID FISHERIES MANAGERS TO MAKE SCIENTIFICALLY SOUND MANAGEMENT DECISIONS TO PRESERVE CHONDRICHTHYAN POPULATIONS AND ENSURE SUSTAINABLE LIVELIHOODS FOR ALL STAKEHOLDERS. 14998 WIRE TRANSFER 0 CENTRAL AMERICA AND THE CARIBBEAN HABITAT DESTRUCTION AND CONSUMPTION OF MEAT ARE THE TWO LARGEST THREATS TO HAWKSBILL TURTLES IN HAITI. FRANCKLIN BARBIER IS CONDUCTING A COMMUNITY-BASED CONSERVATION PROJECT INVOLVING RESEARCH, EDUCATION, AND PROMOTION OF SUSTAINABLE PRACTICES TO PROTECT THE LOCAL POPULATION OF HAWKSBILLS. 12000 WIRE TRANSFER 0 SOUTH ASIA NATIONWIDE POWER OUTAGES IN SRI LANKA IMPEDED THE BLUE RESOURCES TRUST RESEARCH STATION AND COMPROMISED THE (PRIMARILY FROZEN) SAMPLE AND SPECIMEN COLLECTION. MCAF FUNDS SUPPORTED THE INSTALLATION OF A SOLAR, OFF-THE-GRID POWER SYSTEM, ALLOWING THE RESEARCH STATION'S WORK TO CONTINUE. 12000 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC THE SEA WOMEN OF MELANESIA IS AN AWARD-WINNING MARINE CONSERVATION NGO IN THE PACIFIC WITH AN ALL-FEMALE TEAM OF DIRECTORS. THE ORGANIZATION'S TRAINING PROGRAM EMPOWERS INDIGENOUS WOMEN IN PAPUA NEW GUINEA WITH TRAINING, SKILLS, EQUIPMENT AND RESOURCES THEY NEED TO PARTICIPATE IN THE CREATION AND MANAGEMENT OF MARINE PROTECTED AREAS IN THEIR COMMUNITIES. 12020 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC MCAF FUNDS WILL SUPPORT SAVE PHILIPPINE SEAS (SPS) TO CO-FUND A STRATEGIC PLAN AND COVER OTHER OPERATIONAL COSTS. SPS HAS BEEN STEADILY GROWING SINCE ITS FOUNDATION AND WILL USE THE FUNDS FROM MCAF TO BOLSTER ITS CONTINUED GROWTH AND ABILITY TO ACCOMPLISH CONSERVATION GOALS. 12000 WIRE TRANSFER 0 EAST ASIA AND THE PACIFIC THRESHER SHARK INDONESIA EXPLORES THE POPULATION STATUS OF PELAGIC THRESHER SHARKS AROUND RHUN ISLAND AND SEEKS TO UNDERSTAND HOW HUMANS CAN HELP WITH THE CONSERVATION OF THIS SPECIES. THE RESULTS OF THE PROJECT WILL CONTRIBUTE TO THE REVISION OF MPA MANAGEMENT POLICIES AT LOCAL, PROVINCIAL, AND NATIONAL LEVELS. 12000 WIRE TRANSFER 0 CENTRAL AMERICA AND THE CARIBBEAN MISION TIBURON CREATED THE BLUE FELLOWSHIP, OR BECA AZUL, TO ENGAGE ADVANCED STUDENTS OR YOUNG PROFESSIONALS IN MARINE CONSERVATION EFFORTS AROUND COSTA RICA. THE FELLOWSHIP SUPPORTS NEW IDEAS AND INSPIRES THE FUTURE GENERATION OF MARINE SCIENTISTS AND CONSERVATIONISTS. 12000 WIRE TRANSFER 0 CENTRAL AMERICA AND THE CARIBBEAN ARIANA MCCARTHY'S COASTS USES MCAF FUNDS TO STRENGTHEN THE EDUCATIONAL AND OUTREACH SECTOR OF THE SEA TURTLE CONSERVATION PROJECT IN GANDOCA. OUTREACH WILL PRIMARILY FOCUS ON HAWKSBILL TURTLE CONSERVATION AND TARGET CHILDREN AND LOCAL YOUTHS TO INSPIRE A FUTURE GENERATION OF CONSERVATIONISTS. 12000 WIRE TRANSFER 0 MIDDLE EAST AND NORTH AFRICA THIS PROJECT WILL CONTAIN A SERIES OF FISHERIES ASSESSMENT AND INTERVIEW-BASED SOCIO-ECONOMIC SURVEYS ACROSS THE COUNTRY WITH THE GOAL OF PROVIDING A CRITICAL BASELINE FOR THE DEVELOPMENT OF FUTURE CONSERVATION PLANS AND MANAGEMENT MEASURES. 9750 WIRE TRANSFER 0 SUB-SAHARAN AFRICA MCAF'S PREVIOUS FUNDING OF THE AFRICAN BILLFISH FOUNDATION SUPPORTED THE BEGINNING PHASES OF AN INVESTIGATION ON THE CAUSES AND COST OF CONFLICT IN BILLFISH FISHERIES ALONG THE KENYAN COAST. THE NEXT ROUND OF FUNDING WILL LAUNCH PHASE TWO OF THE PROJECT, WHICH INCLUDES CO-DESIGNING AND TESTING A FRAMEWORK FOR CONFLICT RESOLUTION PROCESSES. 13600 WIRE TRANSFER 0 15 0 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION REQUIRES PERIODIC FINANCIAL AND PROGRAMMATIC REPORTS, ALONG WITH SUPPORTING DOCUMENTS AND THE IDENTIFICATION OF PROGRAM ACHIEVEMENTS PART III ACCOUNTING METHOD: X X X X X X X 1 ARTSMARKETING SERVICES INC 260 KING ST EAST STE 500 TORONTO ONTARIO CA M5A 4L5 PHONE SOLICITATION 0 222122 130373 91749 222122 130373 91749 MA NH CT NY ME X X X X X 1 0 0 0 0 0 0 1 0 SPRUILL VERONIQUE N PRESIDENT/CEO 455577 0 243000 0 45772 0 9170 0 6937 0 760456 0 0 0 P ERIC KRAUSS EXECUTIVE VP CFO & COO 107563 0 23250 0 185613 0 3754 0 16320 0 336500 0 0 0 HUNTER-DYSON LAUREN CHIEF OF PEOPLE AND CAMPUS OPERATION 296352 0 800 0 270 0 0 0 27963 0 325385 0 0 0 MANDELMAN JOHN W VP, CTR OCN LFE & CHF SCI 223639 0 800 0 448 0 28600 0 26054 0 279541 0 0 0 WONG PATRICIA AVP, FINANCE & CONTROLLER 127945 0 29646 0 67180 0 23353 0 23102 0 271226 0 0 0 MUSIOL JR RICHARD A VP, EXTERNAL RELATIONS 249566 0 800 0 450 0 7575 0 10396 0 268787 0 0 0 MATUS SUZANNE L VP, MARKETING & COMM 249556 0 800 0 450 0 7420 0 10360 0 268586 0 0 0 FONTES KIMBERLY A CHIEF OF STAFF 228819 0 800 0 0 0 6860 0 1323 0 237802 0 0 0 CLAYTON LEIGH A VP, ANIMAL CARE 177205 0 800 0 10547 0 5378 0 7563 0 201493 0 0 0 SCOTT ELIZABETH VP, DEVELOPMENT 188635 0 800 0 364 0 0 0 7394 0 197193 0 0 0 PART I, LINE 4A THE CFO DEPARTED THE ORGANIZATION IN MARCH 2022 AND WAS PAID AN AGGREGATE OF $185,000 IN NEGOTIATED TRANSITION INCENTIVES AND COMPENSATION AND SEVERANCE PAYMENTS. THE AVP, FINANCE AND CONTROLLER DEPARTED THE ORGANIZATION IN JULY 2022 AND WAS PAID AN AGGREGATE OF $66,516 IN NEGOTIATED TRANSITION INCENTIVES AND COMPENSATION. PART I, LINE 7 THE $243,000 BONUS PAID TO THE CEO WAS BOARD APPROVED AND REPESENTS PARTIAL PAYMENTS FROM THE 2019 AND 2020 ELIGIBLE BONUSES THAT WERE SUSPENDED AS A RESULT OF THE PANDEMIC, 100% OF THE 2021 ELIGIBLE BONUS AND A ONE-TIME $800 BONUS PAYMENT AWARDED TO ALL EMPLOYEES AT A CELBRATION EVENT CALLED THANK YOU COD. THE CFO WAS PAID A $23,250 BONUS BASED ON PERFORMACE AND WAS APPROVED BY MANAGEMENT. A NEW ENGLAND AQUARIUM ISSUE SERIES 2012 042297514 000000000 2012-11-01 19730000 SEE SCHEDULE O 0 1 0 A 19385000 19730000 345000 2012 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NEW ENGLAND AQUARIUM ISSUE SERIES 2012 DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2022 SCHEDULE K, PART VI THE PURPOSE OF THIS BOND ISSUE WAS TO REFINANCE THE OUTSTANDING PRINCIPAL AMOUNT OF A LOAN MADE BY THE MASSACHUSETTS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY (THE AUTHORITY) TO THE ORGANIZATION FROM THE PROCEEDS OF THE AUTHORITY'S REVENUE BONDS, NEW ENGLAND AQUARIUM ISSUE SERIES 2007. A PORTION OF THE PROCEEDS OF THIS BOND ISSUE WAS ALSO USED TO PAY COSTS OF ISSUING THE BOND. X 10 1678164 FMV X MISC. 16 2210 FMV 0 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS OF GIFTS. PART I, LINE 32B: THE NUMBER REPORTED IN PART I, COLUMN (B), REPRESENTS THE NUMBER OF CONTRIBUTIONS OF GIFTS, NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS BUT DOES NOT HAVE STOCKHOLDERS. MEMBERSHIP AT THE AQUARIUM PROVIDES LIMITED BENEFITS SUCH AS UNLIMITED VISITATION TO OUR EXHIBITS AND DISCOUNTS AT THE CAFE, GIFT SHOP AND SIMONS THEATER FOR A PERIOD OF 1 YEAR. MEMBERSHIP IS A MEANS OF PROVIDING MUCH NEEDED FINANCIAL SUPPORT TO THE ORGANIZATION AND EXPOSING PEOPLE TO OUR MISSION. HOWEVER, MEMBERSHIP DOES NOT PROVIDE ENTITLEMENTS OR RIGHTS SUCH AS ELECTING INDIVIDUALS TO THE GOVERNING BODY, ANY INFLUENCE IN ESTABLISHING POLICIES, PROCEDURES OR MANAGERIAL ACTIONS OR AN OWNERSHIP STAKE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AND REVIEWED BY INDEPENDENT PUBLIC ACCOUNTANTS WITH INFORMATION PROVIDED BY NEW ENGLAND AQUARIUM'S FINANCE DEPARTMENT. ONCE THE DOCUMENT IS CONSIDERED READY FOR REVIEW, COPIES (EXCLUDING SCHEDULE B) ARE DISTRIBUTED TO THE MEMBERS OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO A PREVIOUSLY SCHEDULED MEETING TO REVIEW IT. SCHEDULE B IS NOT INCLUDED FOR REVIEW IN ORDER TO RESPECT DONOR CONFIDENTIALITY AS REQUESTED BY SEVERAL DONORS. IN ADDITION TO THE FORM 990, A SUMMARY OF KEY ELEMENTS CONTAINED IN THE FORM 990 IS DISTRIBUTED TO FACILITATE THE REVIEW. A COPY OF FORM 990-T IS ALSO PROVIDED. DURING THE MEETING, THE TAX PROFESSIONAL FROM THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM AND MANAGEMENT LEADS THE COMMITTEE THROUGH THE SUMMARY DOCUMENT, PAUSING TO ADDRESS QUESTIONS AND FACILITATE DISCUSSION AS NECESSARY. MINUTES OF THE MEETING ARE PREPARED AND RETAINED AS A RECORD. ANY CHANGES RESULTING FROM THE REVIEW ARE INCORPORATED IN THE FORM 990 AND THE COMMITTEE CHAIR DISTRIBUTES THAT DOCUMENT (EXCLUDING SCHEDULE B, WHICH IS REDACTED TO HONOR THE REQUEST FOR CONFIDENTIALITY OF SEVERAL DONORS) TO THE FULL BOARD OF TRUSTEES WITH HIS/HER COMMENTS BEFORE IT IS FILED. THE FULL BOARD IS TYPICALLY GIVEN A WEEK TO TEN DAYS TO COMMENT PRIOR TO IT BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 THE NEW ENGLAND AQUARIUM HAS NOT DISTRIBUTED ITS CONFLICT OF INTEREST POLICY OR THE COMPLIANCE CERTIFICATION PAGE TO THE TRUSTEES OR KEY EMPLOYEES SINCE THE START OF THE PANDEMIC IN 2020. STARTING IN 2023 THE CONFLICT OF INTEREST POLICY AND A DOCUSIGN LINK TO A FORM ASKING FOR COMPLAINCE WILL BE SENT OUT TO TRUSTEES AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR OF THE BOARD OF TRUSTEES ANNUALLY APPOINTS A COMPENSATION COMMITTEE TO REVIEW AND MAKE RECOMMENDATIONS TO THE BOARD OF TRUSTEES CONCERNING THE BASE COMPENSATION AND ANY BONUS OPPORTUNITY THAT THE NEW ENGLAND AQUARIUM CORPORATION, EMPLOYER IDENTIFICATION NUMBER 04-2297514, DETERMINS FOR THE CEO. THE BOARD OF TRUSTEES (OR, PURSUANT TO DELEGATED AUTHORITY, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, IF THE DECISIONS ARE MADE BETWEEN MEETINGS OF THE FULL BOARD OF TRUSTEES) THEN REVIEWS AND MAKES FINAL DETERMINATIONS ON SALARY AND ANY BONUS OPPORTUNITIES AND/OR DETERMINATIONS FOR THE CEO. THE BOARD OF TRUSTEES ALSO REVIEWS AND APPROVES ANY MAJOR CHANGES IN THE BENEFIT PLANS THAT ARE APPLICABLE TO THE CEO. IT IS THE ORGANIZATION'S POLICY TO PROVIDE DIRECT COMPENSATION REVIEW PROGRAMS AND EVALUATE POTENTIAL EARNING OPPORTUNITIES THAT REFLECT THE RELATIVE SIZE AND PERFORMANCE OF THE ORGANIZATION AND THE INDUSTRY SEGMENT OF WHICH IT IS A PART AND WHICH ACCOMPLISH THE ORGANIZATION'S MISSION AND TAX-EXEMPT PURPOSE WITHOUT CAUSING ANY PART OF THE ORGANIZATION'S NET EARNINGS TO UNFAIRLY BENEFIT AN INDIVIDUAL. THE POLICY SUPPORTS AND RECOGNIZES THE CHALLENGES FACED BY THE ORGANIZATION BY PROVIDING INCREASED PAY-FOR-PERFORMANCE OPPORTUNITIES TO THE CEO. THE COMPENSATION COMMITTEE CARRIES OUT THIS REVIEW ON AN ANNUAL BASIS AND PROVIDES AN ANNUAL MEMO TO THE BOARD OUTLINING THE PROCESS BY WHICH THE COMPENSATION COMMITTEE REVIEWS THE PERFORMANCE OF THE CEO AND SETS COMPENSATION. THE COMMITTEE IS PROVIDED THE FOLLOWING INFORMATION BY THE VICE PRESIDENT AND CHIEF PEOPLE AND DIVERSITY OFFICER OF TALENT AND CULTURE FOR THE ORGANIZATION: - RELEVANT LOCAL MARKET COMPENSATION DATA FOR THE CEO FROM PUBLISHED SURVEYS OF OTHER ORGANIZATIONS. - FORM 990 COMPENSATION DATA FOR THE RELEVANT POSITIONS AT OTHER TAX-EXEMPT ORGANIZATIONS OF COMPARABLE SIZE AND COMPLEXITY BOTH WITHIN AND OUTSIDE THE CULTURAL INSTITUTIONAL SEGMENT. - COMPENSATION DATA OF CEO'S OBTAINED THROUGH A NATIONAL NETWORK OF AQUARIAHUMAN RESOURCE PROFESSIONALS. - COMPENSATION DATA OF CEO'S OBTAINED THROUGH A LOCAL NETWORK OF CULTURAL INSTITUTION HUMAN RESOURCE PROFESSIONALS. THE COMPENSATION COMMITTEE REVIEWS THE INFORMATION PROVIDED AND VOTES TO: SET BASE SALARY, ANNUAL BONUS AWARDS AND BONUS PERFORMANCE CRITERIA, IN LIGHT OF MARKET DATA AND THE CEO'S BACKGROUND, EXPERIENCE, SKILLS, AND JOB PERFORMANCE. THE COMPENSATION COMMITTEE THEN RECOMMENDS CEO COMPENSATION (BASE SALARY AND BONUS OPPORTUNITY) TO THE BOARD OF TRUSTEES (OR THE EXECUTIVE COMMITTEE ACTING ON BEHALF OF THE BOARD OF TRUSTEES) FOR FINAL REVIEW AND APPROVAL DURING EXECUTIVE SESSION OF THE BOARD OF TRUSTEES APRIL MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS INCLUDING ITS CONFLICT OF INTEREST POLICY, AND ITS FINANCIAL STATEMENTS, AVAILABLE TO THE PUBLIC BY REQUESTING THEM IN WRITING OR IN PERSON TO NEW ENGLAND AQUARIUM, CENTRAL WHARF, BOSTON, MA 02110. THE FORM 990 IS AVAILABLE ON WWW.GUIDESTAR.COM AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE AS WELL. FORM 990, PART XI, LINE 9: GAIN ON VALUATION OF PENSION LIABILITY 61,393. GAIN ON VALUATION OF NON-QUALIFIED PENSION LIABILITY 722,276. NET CHANGE IN BENEFICIAL TRUST -511,236. ROUNDING -1. NEW ENGLAND AQUARIUM MARINE LIFE CENTER INC 177 MILK STREET BOSTON MA 021103399 223334951 ESTABLISH & MAINTAIN A CTR FOR THE RESCUE, TREATMENT & REHAB OF MARINE ANIM MA 501(C)(3) LINE 12A, I N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NEW ENGLAND AQUARIUM MARINE LIFE CENTER D 100081 FMV