2023-11-07T19:39:54-06:00 2022-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 290 W MT PLEASANT AVENUE 3310 LIVINGSTON NJ 07039 990 2022-01-01 042105868 THE WORCESTER NATURAL HISTORY SOCIETY WORC 5089292700 222 HARRINGTON WAY WORCESTER MA 01604 NOREEN SMITH PRESIDENT AND CEO 5089292700 2023-11-07 1 NOREEN SMITH 999009999 0 PAULA VUKSIC P00360739 9732180500 2023-11-07 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z THE ECOTARIUM NOREEN SMITH 222 HARRINGTON WAY WORCESTER MA 01604 6855996 0 X WWW.ECOTARIUM.ORG X 1825 MA THE ECOTARIUM'S MISSION IS TO INSPIRE A PASSION FOR SCIENCE AND NATURE AMONG ALL MEMBERS OF THE COMMUNITY THROUGH ONE-OF-A-KIND EXPERIENCES, INTERACTIVE EXHIBITS, AND ACCESSIBLE PROGRAMMING. AS NEW ENGLAND'S LEADING SCIENCE AND NATURE CENTER, OUR VISION IS TO BE AN INNOVATIVE LEADER IN EXPERIENTIAL, COMMUNITY-CENTERED, SCIENCE LEARNING. THE ECOTARIUM IS WIDELY RECOGNIZED FOR INNOVATIVE, INTERACTIVE EXHIBITS AND PROGRAMMING FOR FAMILIES WITH CHILDREN AND SCHOOL GROUPS, AND FOR AN EXCEPTIONAL GUEST EXPERIENCE. 19 17 90 113 0 0 3775120 3697666 454557 1413686 830706 260679 111412 194734 5171795 5566765 0 0 0 0 1756154 2401615 0 0 878831 2768948 2793740 4525102 5195355 646693 371410 24778012 21458004 2537297 1347279 22240715 20110725 X THE ECOTARIUM'S MISSION IS TO INSPIRE A PASSION FOR SCIENCE AND NATURE AMONG ALL MEMBERS OF THE COMMUNITY THROUGH ONE-OF-A-KIND EXPERIENCES, INTERACTIVE EXHIBITS, AND ACCESSIBLE PROGRAMMING. AS NEW ENGLAND'S LEADING SCIENCE AND NATURE CENTER, OUR VISION IS TO BE AN INNOVATIVE LEADER IN EXPERIENTIAL, COMMUNITY-CENTERED, SCIENCE LEARNING. THE ECOTARIUM IS WIDELY RECOGNIZED FOR INNOVATIVE, INTERACTIVE EXHIBITS AND PROGRAMMING FOR FAMILIES WITH CHILDREN AND SCHOOL GROUPS, AND FOR AN EXCEPTIONAL GUEST EXPERIENCE. 0 0 1216477 979048 EXHIBITS & COLLECTIONS: VISITS TO THE ECOTARIUM ARE EDUCATIONAL AND FUN. IN 2022, 112,521 VISITORS EXPLORED 45 ACRES OF OUTDOOR EXHIBITS, NATURE EXPLORE PLAYGROUND, AND WILDLIFE ZOOLOGICAL PARK HABITATS; 34,178 GUESTS RODE THE OPEN-AIR REPLICA 1863 C.P. HUNTINGTON STEAM LOCOMOTIVE. INSIDE THE MUSEUM, GUESTS ENJOYED THREE LEVELS OF EXHIBITS, INCLUDING MOUNT WASHINGTON, CITYSCIENCE, AFRICAN COMMUNITIES, ANIMALS AND TRAVELING EXHIBITS. 8,825 GUESTS PARTICIPATED IN FREE, DAILY, EDUCATOR-LED, MUSEUM EDUCATION PROGRAMS, INCLUDING, SCIENCE DISCOVERY, EARLY LEARNING, ANIMAL DISCOVERY, AFTERNOON ASTRONOMY, AND COLLECTION CONNECTION. 825958 434638 EDUCATIONAL PROGRAMS: IN 2022 THE ECOTARIUM'S EDUCATIONAL PROGRAMMING INSIDE THE MUSEUM AND IN THE COMMUNITY AT PUBLIC SCHOOLS AND YOUTH-SERVING AGENCIES PROVIDED IN-PERSON EDUCATION AT THE MUSEUM FOR 5,334 YOUTH AND ADULTS, AS WELL AS, TRAVELING PROGRAMS IN THE COMMUNITY AND SCHOOLS FOR 3,320 YOUTH AND ADULTS. THE ECOTARIUM OFFERS INTERACTIVE, HANDS-ON, EDUCATOR-LED PROGRAMS THAT ALIGN WITH MASSACHUSETTS CURRICULUM FRAMEWORKS FOR PRE-K TO 12, AS WELL AS HOSTED BIRTHDAY PARTIES WITH FUN, EDUCATIONAL COMPONENTS. SINCE 1885, THE ECOTARIUM HAS OFFERED SEASONAL SCIENCE AND NATURE DAY CAMPS FOR CHILDREN DURING VACATIONS AND SUMMER. IN 2022, CAMP PROGRAMS SERVED 679 CAMPERS DURING VACATIONS AND SUMMER CAMPS. IN 2022 THE ALDEN DIGITAL PLANETARIUM'S 1.6 MILLION RENOVATION AND UPGRADE WAS COMPLETED AND REOPENED IN MAY. 13,950 PEOPLE ENJOYED PLANETARIUM SHOWS. 527524 188755 GUEST SERVICES: THE ECOTARIUM OFFERS A VARIETY OF VISITOR SERVICES, INCLUDING, SPECIAL ACTIVITIES, HOSTED SPECIAL YEAR-ROUND, SEASONAL COMMUNITY EVENTS, PURCHASES FROM OUR MUSEUM SHOP, SEASONAL FOOD SERVICE AND FOOD VENDING MACHINES. 479895 811 WILDLIFE: THE ECOTARIUM'S OUTDOOR ZOOLOGICAL PARK IS HOME TO NATIVE, NON-RELEASABLE, NEW ENGLAND WILDLIFE, MOST OF WHICH COULD NOT SURVIVE IN THE WILD DUE TO INJURY, ILLNESS, IMPRINTING, ORPHAN STATUS, OR CAPTIVE BIRTH. INSIDE THE MUSEUM, AMBASSADOR ANIMALS REPRESENT NEW ENGLAND AND EXOTIC SPECIES FROM AROUND THE WORLD. ZOO-TO-YOU PROGRAMS FACILITATED BY ZOOLOGICAL AND EDUCATION DEPARTMENTS AIM TO NURTURE A GREATER CONNECTION TO AND UNDERSTANDING OF SPECIES LOCATED IN NEW ENGLAND WHILE PROVIDING EDUCATIONAL AND ENTERTAINING ENCOUNTERS WITH RESIDENT ANIMALS. THE ECOTARIUM DEMONSTRATES LEADERSHIP IN ANIMAL WELFARE, ENRICHMENT, AND TRAINING PROGRAMS. REGULAR ANIMAL PROGRAMMING INCLUDES BOTH INFORMAL AND FORMAL, VIRTUAL AND IN-PERSON, ZOO-THEMED CAMP PROGRAMMING, BIRTHDAY PARTIES AND BEHIND THE SCENES TOURS. 479895 811 3049854 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 23 0 1 90 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 17 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X NOREEN SMITH 5089292700 222 HARRINGTON WAY WORCESTER MA 01604 SHERRI PITCHER CHAIR 4.00 X X 0 0 0 SEAN MAHONEY CO-VICE CHAIR 4.00 X X 0 0 0 JOHN MCINNES CO-VICE CHAIR 4.00 X X 0 0 0 DAVID P MCMANUS TREASURER 4.00 X X 0 0 0 SUSAN NAVA-WHITEHEAD CLERK/SECRETARY 4.00 X X 0 0 0 JOSEPH BARTULIS TRUSTEE 4.00 X 0 0 0 WHITNEY BEALS TRUSTEE 4.00 X 0 0 0 LAURA BEATON TRUSTEE 4.00 X 0 0 0 DAVID FIELDS TRUSTEE 4.00 X 0 0 0 ROBERT C MACOMBER TRUSTEE 4.00 X 0 0 0 NAUREEN MERAJ TRUSTEE 4.00 X 0 0 0 RAYMOND L QUINLAN TRUSTEE 4.00 X 0 0 0 WILLIAM SULLIVAN TRUSTEE 4.00 X 0 0 0 ERIC TORKORNOO TRUSTEE 4.00 X 0 0 0 DR FLORINA S TSENG TRUSTEE 4.00 X 0 0 0 DAVID K WOODBURY TRUSTEE 4.00 X 0 0 0 AIMEE PEACOCK TRUSTEE 4.00 X 0 0 0 JAMES M LANG TRUSTEE 4.00 X 0 0 0 ROBERT H MCLAREN TRUSTEE 4.00 X 0 0 0 NOREEN SMITH PRESIDENT AND CEO 40.00 X 162074 0 7224 KERRY CASTORANO VP OF INSTITUTIONAL ADVANCEMENT 40.00 X 113026 0 4682 275100 0 11906 2 0 1 0 AAFCPAS 50 WASHINGTON ST WESTBOROUGH MA 01581 OUTSOURCED ACCOUNTING 174501 1 300227 111655 1333951 1951833 3697666 ADMISSIONS 611710 790561 790561 PROGRAM FEES 611710 623125 623125 1413686 215696 215696 90779 0 90779 90779 53735 37044 1197232 3500 1155749 0 41483 3500 44983 44983 0 111655 31876 -31876 -31876 234237 101606 132631 132631 OTHER REVENUE 611710 3200 3200 3200 5566765 1603252 0 265847 275100 148352 76225 50523 1795834 968435 497589 329810 2825 1492 802 531 167617 89102 47934 30581 160239 85991 44650 29598 44484 40140 4344 216543 216543 27500 27500 287530 12452 31028 244050 25564 1660 23904 288062 118536 86764 82762 332821 294364 26175 12282 9360 8876 183 301 24381 348 24033 1174523 1057070 82217 35236 179234 91352 58741 29141 PROGRAM MATERIALS AND S 155367 154389 23 955 OTHER EXPENSES 25871 19095 1963 4813 BAD DEBT 2500 2500 5195355 3049854 1266670 878831 1572815 278632 872162 158357 61175 679607 23840 29759 39456 58571 123328 172370 28043869 18453809 9519719 9590060 10842962 9305434 1722555 1185214 24778012 21458004 377093 314708 288889 290485 800178 738998 263112 0 808025 3088 2537297 1347279 X 10135188 10775379 12105527 9335346 22240715 20110725 24778012 21458004 371410 -2501400 0 X X 0 1 X 1 1 1 X 1282748 1713307 1153094 3775120 3697666 11621935 1282748 1713307 1153094 3775120 3697666 11621935 484500 11137435 207859 317031 186496 447796 269431 1428613 -7603 76067 79854 35896 40244 224458 13275006 4154039 0.83900 0.80860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 10952962 781520 -1946892 300000 62156 9425434 10063672 124287 1221025 450000 6022 10952962 10922322 5159 517356 1370000 11165 10063672 10007216 6472 2128634 1220000 10922322 12719669 -1005382 827500 879571 10007216 0.19000 0.81000 1 0 800263 800263 15072633 11543497 3529136 490694 420113 70581 11680279 6490199 5190080 9590060 BENEFICIAL INTEREST 951848 ERC RECEIVABLE 168356 SECURITY DEPOSIT 2500 UNEMPLOYMENT RESERVE 62510 1185214 DEFERRED GRANT REVENUE 3088 3088 X 3171347 -2501400 133482 -2367918 5539265 27500 27500 5566765 5301337 133482 133482 5167855 27500 27500 5195355 PART III, LINE 4: THE ECOTARIUM MAINTAINS A COLLECTION OF MINERALS AND PRESERVED PLANTS AND ANIMALS FOR PUBLIC EXHIBITION AND A RESOURCE FOR SCIENTIFIC STUDY. PART V, LINE 4: THE ECOTARIUM'S ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. AS REQUIRED BY U.S. GAAP, THE ECOTARIUM CLASSIFIES AS NET ASSETS WITH DONOR RESTRICTIONS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED AS NET ASSETS WITH DONOR RESTRICTIONS CARRYING A PERPETUAL RESTRICTION IS CLASSIFIED AS NET ASSETS WITH DONOR RESTRICTIONS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE ECOTARIUM IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. IN ACCORDANCE WITH THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT, THE ECOTARIUM CAN CONSIDER THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND; THE PURPOSES OF THE ECOTARIUM AND THE DONOR-RESTRICTED ENDOWMENT FUND; GENERAL ECONOMIC CONDITIONS; THE POSSIBLE EFFECT OF INFLATION AND DEFLATION; THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS; OTHER RESOURCES OF THE ECOTARIUM; AND THE INVESTMENT POLICIES OF THE ECOTARIUM. THE ECOTARIUM HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ITS BOARD-DESIGNATED AND OTHER ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. UNDER THIS POLICY, AS APPROVED BY THE BOARD OF TRUSTEES, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT MEET OR EXCEED THE PRICE AND YIELD RESULTS OF THE RELEVANT EQUITY AND BOND INDEXES WHILE ASSUMING A MODERATE LEVEL OF INVESTMENT RISK. THE ECOTARIUM TARGETS ITS ENDOWMENT FUNDS, OVER TIME, TO PROVIDE AN AVERAGE RATE OF RETURN OF APPROXIMATELY 5% OVER THE CONSUMER PRICE INDEX (CPI), ANNUALLY. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE ECOTARIUM RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE ECOTARIUM NORMALLY INVESTS IN INSTITUTIONAL MUTUAL FUNDS THAT TARGET A DIVERSIFIED ASSET MIX THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONGTERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE ECOTARIUM HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 4% - 4.5% OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR TWELVE QUARTERS THROUGH THE END OF THE THIRD QUARTER PRECEDING THE YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ESTABLISHING THIS POLICY, THE ECOTARIUM CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. THE APPROPRIATION IS FIRST DEDUCTED FROM APPRECIATION ON DONOR RESTRICTED ENDOWMENT FUNDS, AND THEN TAKEN FROM BOARD DESIGNATED FUNDS, IF NECESSARY. THIS IS CONSISTENT WITH THE ECOTARIUM'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ITS BOARD-DESIGNATED ENDOWMENT. IN 2022 & 2021 THE ECOTARIUM APPROPRIATED $300,000 AND $400,000 RESPECTIVELY, FROM THE ENDOWMENT IN ACCORDANCE WITH THE SPENDING POLICY. PART X, LINE 2: THE ECOTARIUM IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ECOTARIUM IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME, IF ANY. THE ECOTARIUM FILES INFORMATIONAL TAX RETURNS AS REQUIRED BY THE IRC. THE ECOTARIUM ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC TOPIC INCOME TAXES. THIS TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THIS TOPIC ALSO PROVIDES GUIDANCE ON RECOGNITION, DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AT DECEMBER 31, 2022 AND 2021, MANAGEMENT BELIEVES THAT THE ECOTARIUM HAS NO MATERIAL UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 31,876. COST OF GOODS SOLD 101,606. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 31,876. COST OF GOODS SOLD 101,606. A NIGHT AT THE MUSEUM 111655 111655 3610 28266 111655 111655 3610 28266 31876 -31876 0 0 0 0 0 0 0 0 0 NOREEN SMITH PRESIDENT AND CEO 162074 0 0 0 0 0 0 0 7224 0 169298 0 0 0 AAFCPAS DAVE MCMANUS IS TREASURER AT ECOTARIUM/ WORKS AT AAFCPAS 174501 OUTSOURCED FINANCE 0 TUFTS UNIVERSITY DR. FLORINA S. TSENG TRUSTEE AT ECOTARIUM/ WORKS AT TUFTS 55739 VETERINARY SERVICES 0 SULLIVAN INSURANCE BILL SULLIVAN IS TRUSTEE AT ECOTARIUM/INSURANCE BROKER AT SULLIVAN 59856 INSURANCE BROKERAGE 0 FLETCHER TILTON JOE BARTULIS IS TRUSTEE AT ECOTARIUM/ FLETCHER TILTON 44102 LEGAL 0 FORM 990, PART VI, SECTION A, LINE 7A TRUSTEES ARE ELECTED BY CORPORATORS, FROM THE GROUP OF CORPORATORS. THERE ARE ABOUT 105 CORPORATORS. FORM 990, PART VI, SECTION B, LINE 11B AFTER REVIEW BY SENIOR MANAGEMENT, THE 990 IS REVIEWED BY THE FINANCE COMMITTEE, HEADED BY THE TREASURER, THEN BY THE CHAIRMAN OF THE TRUSTEES, THEN BY THE BOARD OF TRUSTEES AS A WHOLE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITEE OF THE BOARD OF TRUSTEES REVIEWS THE COMPENSATION OF THE PRESIDENT AND COMPARES IT TO COMPENSATION OF OTHER NON PROFIT INSTITUTIONS WITH SIMILAR SIZE, GEOGRAPHY AND OTHER CHARACTERISTICS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVILABLE TO BE REVIEWED UPON REQUEST AT THE ADMINISTRATIVE OFFICES OF THE ECOTARIUM. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR