2022-11-10T15:27:55-06:00 2021-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 30 BRAINTREE HL OFFICE PARK STE 300 BRAINTREE MA 02184 990 2021-01-01 042105868 THE WORCESTER NATURAL HISTORY SOCIETY WORC 5089292700 222 HARRINGTON WAY WORCESTER MA 01604 NOREEN SMITH PRESIDENT AND CEO 5089292700 2022-11-09 1 NOREEN SMITH 999009999 AMYN GILLANI P01522152 7813562000 2022-11-09 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z THE ECOTARIUM NOREEN SMITH 222 HARRINGTON WAY WORCESTER MA 01604 5435410 0 X WWW.ECOTARIUM.ORG X 1825 MA THE ECOTARIUM'S MISSION IS TO INSPIRE A PASSION FOR SCIENCE AND NATURE OUR GOAL AS NEW ENGLAND'S LEADING SCIENCE AND NATURE CENTER IS TO CONTINUE AS THE MOST ENGAGING CULTURAL SITE IN OUR REGION FOR SCIENCE AND NATURE DISCOVERY, WIDELY RECOGNIZED FOR INNOVATIVE INTERACTIVE EXHIBITS AND PROGRAMMING FOR FAMILIES WITH CHILDREN AND SCHOOL GROUPS, AND FOR AN EXCEPTIONAL FOCUS ON AN EDUCATIONAL GUEST EXPERIENCE. 23 18 60 11 0 0 1153094 3775120 275581 454557 -233679 830706 132773 111412 1327769 5171795 0 0 0 0 1915209 1756154 0 0 869743 2359231 2768948 4274440 4525102 -2946671 646693 22442953 24778012 1827720 2537297 20615233 22240715 X THE ECOTARIUM'S MISSION IS TO INSPIRE A PASSION FOR SCIENCE AND NATURE. OUR GOAL AS NEW ENGLAND'S LEADING SCIENCE AND NATURE CENTER IS TO CONTINUE AS THE MOST ENGAGING CULTURAL SITE IN OUR REGION FOR SCIENCE AND NATURE DISCOVERY, WIDELY RECOGNIZED FOR INNOVATIVE INTERACTIVE EXHIBITS AND PROGRAMMING FOR FAMILIES WITH CHILDREN AND SCHOOL GROUPS, AND FOR AN EXCEPTIONAL FOCUS ON AN EDUCATIONAL GUEST EXPERIENCE. 0 0 889028 268728 EDUCATIONAL PROGRAMS: THE ECOTARIUM RE-OPENED IN JUNE 2021 TO THE PUBLIC AFTER A 15-MONTH CLOSURE DUE TO COVID-19. EDUCATIONAL PROGRAMMING INSIDE THE MUSEUM AND IN THE COMMUNITY AT PUBLIC SCHOOLS AND YOUTH-SERVING AGENCIES ALSO RESUMED IN JUNE 2021 PROVIDING IN-PERSON EDUCATION AT THE MUSEUM FOR 201 CHILDREN AND YOUTH; ONLINE EDUCATIONAL PROGRAMS FOR 2,715 STUDENTS; AND TRAVELING PROGRAMS IN THE COMMUNITY AND SCHOOLS FOR 609 CHILDREN AND YOUTH. THE ECOTARIUM OFFERS INTERACTIVE, HANDS-ON, EDUCATOR-LED PROGRAMS THAT ALIGN WITH MASSACHUSETTS CURRICULUM FRAMEWORKS FOR PRE-K TO 12. SINCE 1885, THE ECOTARIUM HAS OFFERED SEASONAL SCIENCE AND NATURE DAY CAMPS FOR CHILDREN DURING VACATIONS AND SUMMER. IN 2021, CAMP PROGRAMS SERVED 618 CAMPERS DURING VACATIONS THROUGH VIRTUAL PROGRAMS AND SUMMER IN-PERSON CAMPS. 730563 63584 EXHIBITS & COLLECTIONS: VISITS TO THE ECOTARIUM ARE EDUCATIONAL AND FUN. IN 2021, 28,239 VISITORS EXPLORED 45 ACRES OF OUTDOOR EXHIBITS, NATURE EXPLORE PLAYGROUND, AND WILDLIFE ZOOLOGICAL PARK HABITATS; 5,178 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. 3,022 GUESTS PARTICIPATED IN FREE, DAILY, EDUCATOR-LED SCIENCE DISCOVERY PROGRAMS INSIDE THE MUSEUM. IN 2021 THE ALDEN DIGITAL PLANETARIUM WAS CLOSED FOR RENOVATIONS. THE $1.6 MILLION RENOVATION AND UPGRADE WAS COMPLETED IN EARLY 2022. 526872 194803 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. IN 2021, THE ANIMAL KEEPERS WORKED TO REPURPOSE AND UPGRADE EXHIBITS AND HABITATS WHILE THE MUSEUM WAS CLOSED DUE TO COVID-19. REGULAR ANIMAL PROGRAMMING RESUMED IN JUNE 2021 THROUGH BOTH INFORMAL AND FORMAL, VIRTUAL AND IN-PERSON, ZOO-THEMED CAMP PROGRAMMING, BIRTHDAY PARTIES AND BEHIND THE SCENES TOURS. 357179 38854 VISITOR SERVICES ACTIVITIES AND COMMUNITY EVENTS - THE ECOTARIUM OFFERS A VARIETY OF SPECIAL ACTIVITIES INCLUDING HOSTED BIRTHDAY PARTIES, PURCHASES FORM OUR MUSEUM SHOP, SEASONAL FOOD SERVICE AND FOOD VENDING MACHINES. WE ALSO HOST SPECIAL YEAR-ROUND SEASONAL COMMUNITY EVENTS. 357179 38854 2503642 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 21 0 1 60 1 0 0 0 0 0 0 0 0 0 0 X 23 18 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 2.00 X X 0 0 0 SEAN MAHONEY CO-VICE CHAIR 2.00 X X 0 0 0 JOHN MCINNES CO-VICE CHAIR 2.00 X X 0 0 0 DAVID P MCMANUS TREASURER 2.00 X X 0 0 0 EMRAH CAKIR CLERK/SECRETARY 2.00 X X 0 0 0 JOSEPH BARTULIS TRUSTEE 2.00 X 0 0 0 WHITNEY BEALS TRUSTEE 2.00 X 0 0 0 LAURA BEATON TRUSTEE 2.00 X 0 0 0 JOHN D BENNETT TRUSTEE 2.00 X 0 0 0 TODD E BRODEUR TRUSTEE 2.00 X 0 0 0 DAVID FIELDS TRUSTEE 2.00 X 0 0 0 TIMOTHY GRAY TRUSTEE 2.00 X 0 0 0 GAYLE HOLLAND TRUSTEE 2.00 X 0 0 0 ROBERT J LAUT TRUSTEE 2.00 X 0 0 0 ROBERT C MACOMBER TRUSTEE 2.00 X 0 0 0 NAUREEN MERAJ TRUSTEE 2.00 X 0 0 0 DR SUSAN NAVA-WHITEHEAD TRUSTEE 2.00 X 0 0 0 RAYMOND L QUINLAN TRUSTEE 2.00 X 0 0 0 DR GREENFIELD SLUDER TRUSTEE 2.00 X 0 0 0 WILLIAM SULLIVAN TRUSTEE 2.00 X 0 0 0 ERIC TORKORNOO TRUSTEE 2.00 X 0 0 0 DR FLORINA S TSENG TRUSTEE 2.00 X 0 0 0 DAVID K WOODBURY TRUSTEE 2.00 X 0 0 0 LUCY HALE PRESIDENT & CEO (UNTIL 4/21) 40.00 X 170642 0 2275 MICHAEL HALPERSON INTERIM EXECUTIVE DIRECTOR 40.00 X 93750 0 0 264392 0 2275 1 0 0 0 AAFCPAS 50 WASHINGTON ST WESTBOROUGH MA 01581 OUTSOURCED ACCOUNTING 156258 1 190139 2275356 1309625 3775120 ADMISSIONS 611710 268728 268728 PROGRAM FEES 611710 146975 146975 VISITOR SERVICES 611710 38854 38854 454557 438466 438466 11060 0 11060 11060 11060 287404 368451 263615 0 23789 368451 392240 392240 63584 0 63584 63584 OTHER REVENUE 611710 36768 36768 36768 5171795 565969 0 830706 170642 17064 34128 119450 1317336 666404 309948 340984 2554 1173 591 790 147446 67726 34095 45625 118176 54281 27327 36568 78867 78867 215738 215738 27500 27500 248408 42367 197538 8503 12395 50 100 12245 217777 79715 73252 64810 344338 293046 17378 33914 1794 521 1144 129 25117 25117 1240778 1023518 58689 158571 137336 63082 31757 42497 PROGRAM MATERIALS AND S 148163 148163 OTHER EXPENSES 57091 46532 4902 5657 BAD DEBT 13646 13646 4525102 2503642 1151717 869743 71444 1572815 575109 872162 184945 61175 23840 31924 39456 46573 123328 26799005 17279286 10409821 9519719 10063672 10842962 1059465 1722555 22442953 24778012 173877 377093 256822 288889 923197 800178 409700 263112 64124 808025 1827720 2537297 X 10203374 10135188 10411859 12105527 20615233 22240715 22442953 24778012 646693 978789 0 X X 0 1 X 1 1 0 X 3711991 1282748 1713307 1153094 3775120 11636260 3711991 1282748 1713307 1153094 3775120 11636260 11636260 1347937 207859 317031 186496 447796 2507119 63685 -7603 76067 79854 35896 247899 14391278 2567478 0.80860 0.78900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 10063672 124287 1221025 450000 6022 10952962 10922322 5159 517356 1370000 11165 10063672 10007216 6472 2128634 1220000 10922322 12719669 -1005382 827500 879571 10007216 11591438 1890731 762500 12719669 0.14815 0.85185 1 0 335250 335250 15537646 11306420 4231226 470456 405885 64571 10455653 5566981 4888672 9519719 BENEFICIAL INTEREST 1250224 ERC RECEIVABLE 472331 1722555 CAPITAL LEASE 21954 DEFERRED GRANT REVENUE 786071 808025 X 6123084 978789 978789 5144295 27500 27500 5171795 4497602 0 4497602 27500 27500 4525102 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 2021 THE ECOTARIUM APPROPRIATED $450,000 FROM THE ENDOWMENT IN ACCORDANCE WITH THE SPENDING POLICY. IN 2020 THE ECOTARIUM APPROPRIATED $1,370,000 FROM THE ENDOWMENT COMPRISED OF $503,000 IN ACCORDANCE WITH THE SPENDING POLICY AND AN ADDITIONAL $867,000 APPROVED BY THE BOARD OF TRUSTEES TO SUPPORT OPERATIONS. 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, 2021 AND 2020, MANAGEMENT BELIEVES THAT THE ECOTARIUM HAS NO MATERIAL UNCERTAIN TAX POSITIONS. 1 0 0 0 0 0 0 0 0 LUCY HALE PRESIDENT & CEO (UNTIL 4/21) 119315 0 0 0 51327 0 0 0 2275 0 172917 0 0 0 PART I, LINE 4A THE PRESIDENT OF THE ORGANIZATION TERMINATED HER EMPLOYMENT ON MAY 28, 2021. PER HER EMPLOYMENT AGREEMENT CERTAIN PAYMENTS WERE MADE TO HER. THESE ARE REFLECTED IN SCHEDULE J, PART II. AAFCPAS DAVE MCMANUS IS TREASURER AT ECOTARIUM/ WORKS AT AAFCPAS 156258 OUTSOURCED FINANCE 0 TUFTS UNIVERSITY DR. FLORINA S. TSENG TRUSTEE AT ECOTARIUM/ WORKS AT TUFTS 41842 VETERINARY SERVICES 0 SULLIVAN INSURANCE BILL SULLIVAN IS TRUSTEE AT ECOTARIUM/INSURANCE BROKER AT SULLIVAN 48033 INSURANCE BROKERAGE 0 FLETCHER TILTON JOE BARTULIS & TODD BRODEUR ARE TRUSTEES AT ECOTARIUM/ FLETCHER TILTON 15222 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. PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.