2021-11-15T12:48:09-06:00 2020-12-31 222428965 CITRIN COOPERMAN & COMPANY LLP 10 FORBES ROAD WEST BRAINTREE MA 02184 990 2020-01-01 042105868 THE WORCESTER NATURAL HISTORY SOCIETY WORC 5089292700 222 HARRINGTON WAY WORCESTER MA 01604 DAVE MCMANUS TREASURER 5089292700 2021-11-11 1 DAVE MCMANUS 999009999 JEFFREY ALVANAS P01988325 7813562000 2021-11-11 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z THE ECOTARIUM DAVID MCMANUS 222 HARRINGTON WAY WORCESTER MA 01604 3144625 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. 28 28 81 14 0 0 2082837 1153094 1411031 275581 463083 -233679 248591 132773 4205542 1327769 0 0 0 0 2409239 1915209 0 0 752000 2515393 2359231 4924632 4274440 -719090 -2946671 24560895 22442953 1877152 1827720 22683743 20615233 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 932748 133464 EDUCATIONAL PROGRAMS AND COMMUNITY EVENTS: IN ADDITION TO GENERAL ADMISSION, SCHOOLS AND ORGANIZED GROUPS CAN PURCHASE INTERACTIVE EDUCATIONAL SCIENCE PROGRAMMING SUITABLE FOR PRE-K THROUGH TWELFTH GRADE THAT MEETS MASSACHUSETTS STATE CURRICULUM FRAMEWORKS, AND OVERNIGHT STAYS AS PART OF OUR NIGHT JOURNEY EDUCATIONAL PROGRAM. INDIVIDUALS AND ORGANIZED GROUPS CAN ALSO PURCHASE ACCESS TO SHOWS IN THE MUSEUM'S DIGITAL PLANETARIUM (WHICH ALSO MEETS MASSACHUSETTS STATE CURRICULUM FRAMEWORKS). THE ECOTARIUM ALSO OFFERS A SEASONAL SCIENCE FOCUSED DAY CAMP WITH ITS SUMMER DISCOVERY CAMP AND VACATION WEEK CAMPS. IN 2020, NEW PROGRAMS WERE CREATED AND DELIVERED VIRTUALLY DUE TO THE PANDEMIC. 647353 39761 MUSEUM AND GROUNDS: THE ECOTARIUM IS AN INDOOR/OUTDOOR, FAMILY ORIENTED CULTURAL INSTITUTION. GENERAL ADMISSION IS AVAILABLE AT INDIVIDUAL AND GROUP RATES AND INCLUDES ACCESS TO A THREE-STORY SCIENCE AND NATURE MUSEUM WIH A MIX OF EDUCATIONAL INTERACTIVE SEMI-PERMANENT AND TRAVELING EXHIBITS, FREE FLOOR PROGRAMMING, A CURATOR'S WORKSHOP FEATURING HISTORIC COLLECTIONS, AND A PRE-SCHOOL AREA. ADMISSION ALSO INCLUDES ACCESS TO THE MUSEUM'S 55-ACRE CAMPUS INCLUSIVE OF NATURE TRAILS, RESTORED NEW ENGLAND MEADOW, PONDS LANDSCAPED GROUNDS, A PLAYGROUND, WILDLIFE TRAIL, RIVER OTTER HABITAT, WILD CAT STATION AND ASSORTED OUTDOOR EXHIBITS. 365250 40306 VISITOR SERVICES ACTIVITIES AND COMMUNITY EVENTS: THE ECOTARIUM OFFERS A VARIETY OF ADDITIONAL SERVICES FOR PURCHASE INCLUDING RIDES ON A NARROW-GAUGE EXPLORER EXPRESS TRAIN, HOSTED BIRTHDAY PARTIES, PUCHASES FROM OUR MUSEUM SHOP, SEASONAL FOOD SERVICE, AND FOOD VENDING MACHINES. WE ALSO HOST SPECIAL YEAR-ROUND SEASONAL COMMUNITY EVENTS. 530777 196023 WILDLIFE & OTHER SPECIAL PROGRAMS 530777 196023 2476128 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 20 0 1 81 1 0 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X DAVID MCMANUS 5089292700 222 HARRINGTON WAY WORCESTER MA 01604 PAUL BELSITO CHAIR 2.00 X X 0 0 0 GAYLE HOLLAND VICE CHAIR 2.00 X X 0 0 0 DAVID P MCMANUS TREASURER 2.00 X X 0 0 0 TIMOTHY GRAY CLERK/SECRETARY 2.00 X X 0 0 0 LUCY HALE PRESIDENT 40.00 X 146155 0 3709 DAVID FIELDS TRUSTEE 2.00 X 0 0 0 DAVID K WOODBURY TRUSTEE (ROLLED OFF AS VICE CHAIR IN MAY 2019) 2.00 X 0 0 0 DR FLORINA S TSENG TRUSTEE 2.00 X 0 0 0 DR GREENFIELD SLUDER TRUSTEE 2.00 X 0 0 0 DR MARCO RODRIGUES TRUSTEE 2.00 X 0 0 0 DR SUSAN NAVA-WHITEHEAD TRUSTEE 2.00 X 0 0 0 ERIC TORKORNOO TRUSTEE 2.00 X 0 0 0 GISELLE RIVERA-FLORES TRUSTEE 2.00 X 0 0 0 JOE BARTULIS TRUSTEE 2.00 X 0 0 0 JOHN D BENNETT TRUSTEE 2.00 X 0 0 0 JOHN E MANNILA TRUSTEE 2.00 X 0 0 0 JOHN MCINNES ESQ TRUSTEE 2.00 X 0 0 0 LAURA BEATON TRUSTEE 2.00 X 0 0 0 NAUREEN MERAJ TRUSTEE 2.00 X 0 0 0 PATTY Z EPPINGER TRUSTEE 2.00 X 0 0 0 RAYMOND L QUINLAN TRUSTEE 2.00 X 0 0 0 ROBERT C MACOMBER TRUSTEE 2.00 X 0 0 0 ROBERT H MCLAREN TRUSTEE 2.00 X 0 0 0 ROBERT J LAUT TRUSTEE 2.00 X 0 0 0 SHERRI PITCHER TRUSTEE 2.00 X X 0 0 0 TODD E BRODEUR TRUSTEE 2.00 X 0 0 0 WHITNEY BEALS TRUSTEE 2.00 X 0 0 0 WILLIAM C CAVANAGH TRUSTEE 2.00 X 0 0 0 WILLIAM SULLIVAN TRUSTEE 2.00 X 0 0 0 146155 0 3709 1 0 0 0 AAFCPAS 50 WASHINGTON ST WESTBOROUGH MA 01581 OUTSOURCED FINANCE 133059 1 95823 58100 58744 940427 412 1153094 ADMISSIONS 611710 133464 133464 PROGRAM FEES 611710 101811 101811 VISITOR SERVICES 611710 40306 40306 275581 172138 172138 14358 0 14358 14358 14358 1408339 1500 1815656 0 -407317 1500 -405817 -405817 0 58100 1200 -1200 -1200 39761 0 39761 39761 OTHER REVENUE 611710 79854 79854 79854 1327769 409554 0 -234879 146155 14616 29230 102309 1525400 843345 389647 292408 2753 1413 690 650 110215 56570 27619 26026 130686 67077 32749 30860 8336 8336 148559 148559 27500 27500 127657 11984 108974 6699 20505 20505 166244 56988 67708 41548 261638 183596 44956 33086 3106 1025 1892 189 26446 26446 1328962 1096172 62904 169886 112048 57511 28078 26459 PROGRAM MATERIALS AND S 71046 71046 OTHER EXPENSES 46855 14785 30695 1375 BAD DEBT 10329 10329 4274440 2476128 1046312 752000 40234 71444 435891 575109 685818 184945 30747 0 33486 31924 26150 46573 35175231 24765410 11424908 10409821 10922322 10063672 961339 1059465 24560895 22442953 508392 173877 244777 256822 1019903 923197 409700 104080 64124 1877152 1827720 X 12358193 10203374 10325550 10411859 22683743 20615233 24560895 22442953 -2946671 878161 0 X X 0 1 X 1 0 X 2532798 3711991 1282748 1713307 1153094 10393938 2532798 3711991 1282748 1713307 1153094 10393938 10393938 372842 1347937 207859 317031 186496 2432165 135808 63685 -7603 76067 79854 347811 13173914 2046735 0.78900 0.82590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 10922322 5159 517356 1370000 11165 10063672 10007216 6472 2128634 1220000 10922322 12719669 -1005382 827500 879571 10007216 11591438 1890731 762500 12719669 11957727 621211 987500 11591438 0.14310 0.85690 1 0 335250 335250 18615526 13848943 4766583 2706128 2641219 64909 13518327 8275248 5243079 10409821 CAPITAL LEASE 64124 64124 X 2179630 878161 878161 1301469 27500 -1200 26300 1327769 4248140 1200 1200 4246940 27500 27500 4274440 PART III, LINE 4: THE ECOTARIUM MAINTAINS A COLLECTION OF MINERALS AND PRESERVED PLANTS AND ANIMALS FOR PUBLIC EXHIBITION AND A RESOURECE 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. THIS IS CONSISTENT WITH THE ECOTARIUM'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF ITS BOARD-DESIGNATED ENDOWMENT. 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. IN 2019 THE ECOTARIUM APPROPRIATED $1,220,000 FROM THE ENDOWMENT COMPRISED OF $440,000 IN ACCORDANCE WITH THE SPENDING POLICY AND AN ADDITIONAL $780,000 APPROVED BY THE BOARD OF TRUSTEES TO SUPPORT OPERATIONS. PART X, LINE 2: 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, 2020 AND 2019, MANAGEMENT BELIEVES THAT THE ECOTARIUM HAS NO MATERIAL UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSE -1,200. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSE 1,200. A NIGHT NEAR THE MUSEUM 58100 58100 1200 58100 58100 1200 1200 -1200 THE HANOVER INSURANCE GROUP FOUNDATION PAUL BELISTO IS PRESIDENT AT THE THE HANOVER INSURANCE GROUP FOUNDATION, 63498 INSURANCE THAT IS PROVIDED BY A COMPANY WHOSE PRESIDENT IS A TRUSTEE OF THE ECOTARIUM 0 SULLIVAN INSURANCE BILLI SULLIVAN EMPLOYED AT SULLIVAN INSURANCE 3130 TRUSTEE BILLI SULLIVAN EMPLOYED WITH INSURANCE BROKER WHO BROKERS ECOTARIUM'S INSURANCE 0 TUFTS UNIVERSITY FLORINA TSENG IS EMPLOYED AT TUFTS UNIVERSITY 25726 THE ECOTARIUM IS CONTRACTED WITH A VETERINARIAN SERVICE, WITH WHICH A TRUSTEE IS EMPLOYED 0 AAFCPAS TREASURER OF THE ECOTARIUM'S FINANCE COMMITTEE IS EMPLOYED WITH AAFCPAS 133059 OUTSOURCED FINANCE SOLUTIONS SERVICES 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.