2021-11-12T18:03:23-06:00 2020-12-31 350921680 CROWE LLP 575 Market Street Suite 3300 San Francisco CA 941055829 990 2020-01-01 942487469 Monterey Bay Aquarium Foundation MONT 8316484800 886 Cannery Row Monterey CA 93940 TROY GRANDE CFO 2021-11-12 true TROY GRANDE 999009999 Diane Brown P01578407 4155761100 2020 2022-09-23 18:48:47Z Julie Packard 886 Cannery Row Monterey CA 93940 432971482 false X www.montereybayaquarium.org X 1978 CA THE MISSION OF THE MONTEREY BAY AQUARIUM IS TO INSPIRE CONSERVATION OF THE OCEAN. MILLIONS OF PEOPLE DRAW INSPIRATION FROM THE AQUARIUM AND LOOK TO US TO ADVOCATE FOR OCEAN WILDLIFE. 19 18 612 1102 53200 309885 61820387 67321983 52800570 8085578 6025524 13108339 988739 571791 121635220 89087691 968255 106828 0 0 49276345 41880976 245827 385332 4696332 47721232 36969055 98211659 79342191 23423561 9745500 541058075 564471028 19676490 13660970 521381585 550810058 THE MISSION OF THE MONTEREY BAY AQUARIUM IS TO INSPIRE CONSERVATION OF THE OCEAN. MILLIONS OF PEOPLE DRAW INSPIRATION FROM THE AQUARIUM AND LOOK TO US TO ADVOCATE FOR OCEAN WILDLIFE. false false 41268354 27591 8085578 Animal Care and Aquarium Experience - Marine life exhibition and care expenses of $41,268,354 include the cost of operating and maintaining the Aquarium's living exhibit galleries - critical work that continued despite the Aquarium's closure. Keeping our animals safe and ensuring they're well cared for remained our top priority. Our essential team of aquarists, aviculturists, veterinary specialists, and technicians worked hard to provide the best possible care for nearly 80,000 animals and plants while adhering to strict safety standards to prevent the spread of COVID-19 - like maintaining social distance and donning masks sewn by our volunteers. Bringing the Aquarium online With our doors closed, we found new ways to keep audiences connected to the animals and exhibits. Social media has become a source of information, entertainment, education, stress relief, fundraising, and connection for more people, and with a greater geographic reach than ever. -Through website stories, video livestreams, and live virtual events we've given audiences a behind-the-scenes look at how we care for the Aquarium animals and exhibits. A few, like a video of divers cleaning the Kelp Forest exhibit and a Tik Tok dance video with an albatross were among our most popular posts of the year - and prompted an outpouring of comments from people who couldn't wait to come back for a visit. -Without guests inside the Aquarium, we were able to give rescued sea otter pups destined for a return to the wild the unique opportunity to practice their diving skills in the larger Sea Otter exhibit space. Audiences around the world watched the sea otter pups frolic through our live sea otter webcam. -During Black Birders Week we collaborated with scientists from BlackAFinSTEM for a virtual bird watching session on our Aviary live cam. Black Birders Week events highlight Black nature enthusiasts and increase the visibility of Black birders, who face unique challenges and dangers when engaging in outdoor activities. During the memorable 90-minute session, the group admired shorebirds in our Aviary exhibit and shared stories about their birdwatching adventures, what kindled their love of birds, and how they began their professional science careers. -We continued our ongoing relationship with California State Parks with an exciting livestream that took viewers on a journey above and below a kelp forest habitat as part of an ongoing series of educational streams led by the park system. The two hosts - one in a kayak at Point Lobos State Reserve and the other diving in our Kelp Forest exhibit - were able to talk to each other during the stream as well as answer questions from a moderator. Recreating deep-sea conditions for our next special exhibition Thanks to the wonderful support of the Grainger Family Descendants Fund, we continued work to develop our upcoming special exhibition, Into the Deep: Exploring Our Undiscovered Ocean. By building on decades of animal care expertise at the Aquarium - plus the knowledge and technology offered by Monterey Bay Aquarium Research Institute (MBARI) - our visitors will experience a breathtaking look at deep sea life found nowhere else, save for the actual deep sea, when the exhibition opens in Spring 2022. In December and January, the Aquarium's Animal Care and Interpretive Media teams embarked on two multi-day expeditions with our colleagues at MBARI to Sur Ridge, a magnet for diverse marine life in both midwater and seafloor habitats. The goal for the trips aboard the R/V Western Flyer was to capture video footage and collect midwater drifters and seafloor dwellers with potential for display in the new special exhibition. Targeted species for collection, such as the colorful bloody-belly comb jelly, thrive in waters with low oxygen, requiring a custom life support system to replicate these conditions. Skillful ROV pilots used the robot's manipulator arm to gingerly place specimens onboard the "benthic elevator," which in turn gracefully floated to the surface for retrieval by awaiting scientists. Promoting racial diversity in veterinary science To promote more racial diversity in the veterinary profession, we launched our "Diversity, Equity and Inclusion Matter: Veterinary Externship" program. Most accredited veterinary schools require a two- to four-week externship away from the university during the students' third or fourth year of professional training. We designed our program to recruit students from under-represented groups, especially students of color. We selected the first three individuals to participate in the program in 2021. 15284738 57125 0 Education and Outreach expenses of $15,284,738 include the cost of education programs for teachers, students, and emerging teen leaders. Typically, the Aquarium welcomes more than 100,000 classroom students, teachers and chaperones every year - free of charge. Undeterred by the global pandemic, our Education team transformed the vision for our Bechtel Family Center for Ocean Education and Leadership when they rapidly created a suite of virtual ocean science programs - in English and Spanish - to serve stay-at-home students and their parents across the country. We began hosting virtual Aquarium field trips and workshops for teachers, which will continue until we can again welcome students and educators in person. Transforming our education programs -Drawing on their experience with distance learning and a commitment to ecosystem-based learning, our Education staff developed nine free online courses, in English and Spanish, that serve kids from pre-kindergarten through high school. The video courses - on topics from sea otters, the deep sea, tide pools, sharks, and more - blend on-screen curriculum with experiences in nature. Tens of thousands of students across the country have enrolled in the multi-day courses - from all 50 states and the District of Columbia. -Unable to offer our in-person field trips due to the closure, our Education team instead brought the Aquarium to students through the new Online Discovery Labs. The virtual field trip programs were popular with teachers - all 324 programs for 2020 sold out within six hours of opening for reservations. The labs include an engaging 45-minute Zoom interaction with an Education team member and an additional multi-chapter online learning course that expands on the content and includes activities students can do in class and at home. -In November, approximately 100 teachers engaged in a new online professional development course, "Nature Nearby." During the four-week program, teachers participated in live, online sessions with Education staff and completed a series of self-paced online courses where they used nature journaling and science notebooks. Teachers experienced authentic, standards-based activities focused on ocean conservation that are easily transferable to students, whether they're learning at home or at school. -Four alumni of Aquarium teen programs Young Women in Science (YWS), Teen Conservation Leader (TCL) and Watsonville Area Teens Conserving Habitats (WATCH) participated in summer internships with the Aquarium focused on ocean advocacy and online education programming. Two interns researched and identified strategies for engaging youth from diverse backgrounds and motivating them to take action on ocean conservation. Their findings are being incorporated into the Aquarium's teen and young adult programs to help engage youth from diverse backgrounds in our advocacy initiatives. The other two interns revamped aspects of our most popular education programs, piloted them with teen and teacher audiences, and helped staff recreate these activities on online platforms. 8029483 22112 420422 Conservation and Science costs of $8,029,483 represent expenses for marine policy and advocacy efforts, the Seafood Watch program and field research. Our ocean conservation and science work has never been more important. Climate change, plastic pollution, unsustainable seafood production, and marine habitat degradation - crises facing people and the living systems we depend on - are tightly connected to issues of social and racial equity, the economy, and public health. We champion solutions that safeguard the ocean, help communities thrive, and lead us into a brighter future. Our science-based markets strategy for global seafood and aquaculture, anchored by our Seafood Watch program, is improving the sustainability of wild-caught fisheries and aquaculture operations around the world by engaging with local fishing and aquaculture communities around improvement plans and guiding large buyers and consumers to sustainable choices. Our scientists are producing research that fills critical knowledge gaps and helps guide important conservation decisions. And our policy team is advising and celebrating decision-makers at the state, federal, and global levels who adopt and implement regulations on behalf of ocean health. Maintaining a leadership role in the sustainable seafood movement -Seafood Watch launched a completely redesigned website that makes it easier for consumers and businesses to search our thousands of seafood recommendations. -In June, the Vietnam government formally approved the Vietnam Sustainable Shrimp Alliance, a public-private partnership announced by Monterey Bay Aquarium and 21 founding partners in October 2019. The project is working toward the goal of improving all farmed shrimp production in C Mau Province to a Seafood Watch rating as a Good Alternative or Best Choice by 2030. -With the collaborations in Vietnam achieving results, we launched a new project in India's Andhra Pradesh region to improve the production of whiteleg shrimp to a level consistent with a Seafood Watch yellow rating by 2025. India is the world's third-largest exporter of shrimp, and Andhra Pradesh produces almost 70 percent of the country's farmed shrimp - the vast majority of which is bound for the U.S. market. The collaborators, including Seafood Watch, intend to improve environmental performance as well as social and economic well-being. Sea otter research, rescue and recovery -The Sea Otter Program earned two $100,000 awards from the U.S. Fish and Wildlife Service's John H. Prescott Marine Mammal Rescue Assistance grant program to continue our important work to help with the recovery of threatened southern sea otters, even as we face unprecedented challenges in light of the pandemic. -As scientists and wildlife officials work to restore California's threatened sea otter population, crab fishermen have wondered if the return of sea otters comes at the expense of the crab fishery. A new research study by Aquarium scientists suggests that may not be the case. Instead, they found that fishermen are catching more Dungeness crab in regions of California where sea otters are present. Over a decade of observations of foraging sea otters around Monterey Bay by the Aquarium and our partners have shown that Dungeness crabs represent a small fraction of more than 50 ocean species in sea otters' diets. Rather than seeing a negative impact of otters on the Dungeness crab fishery, these crabs seem to be doing just as well, if not better, in areas where otters are present compared to regions without otters. Advancing ocean-friendly policies at the state, national and international level -Despite the unprecedented challenges of 2020, we made progress with policies - at the state and federal levels - to reduce the sources of ocean plastic pollution. In California, we teamed with The Nature Conservancy and Oceana to successfully work to end the temporary suspension of California's plastic bag ban, which was instituted in April due to COVID-19 health concerns. -From mid-September through Election Day, we ran a voter outreach campaign with the tagline, "The Ocean Needs Your Vote." The campaign aimed to increase voter registration and turnout, and raise public awareness of how the civic process can make a difference for ocean health. AdvocaSea, a youth-led collaboration that grew out of an Aquarium internship project, ran a "Get Out the Youth Vote" social media campaign while learning more about how their raised voices can help protect the ocean. Each week, the group met virtually and created content to encourage voter registration, particularly for first-time voters. -In 2020, new leadership in Washington, D.C. made it a priority to address climate change and ocean health. Our team was tapped to offer insights on ways to make a real difference - by relying on science, bolstering ocean protections, and embracing solutions that connect ocean health with racial equity and environmental justice. Advancing conservation science -A new study led by the Monterey Bay Aquarium scientists took a critical step toward conserving sharks by answering key questions about illegal shark finning. The global shark fin trade is a $400 million business that kills as many as 100 million sharks each year with devastating consequences for shark populations and ocean ecosystems. Using results from DNA barcoding studies of shark fins traded in worldwide markets and in-depth knowledge of each species' environmental niche, the researchers discovered that most shark fins were harvested from waters controlled by individual countries rather than in high-seas fisheries outside national boundaries. Their data also confirmed that the global hunt for fins kills a greater variety of species than researchers previously thought. -Leilani Konrad, California Sea Grant Fellow with Conservation & Science, completed a review of scientific studies that shows how species in our living collection are being impacted by climate change. Prompted by a Guest Experience request to enhance science-based storytelling with our visitors, this database can grow as we learn more about how climate change is affecting our exhibit animals and the ecosystems where they live. -A team led by Aquarium researchers used a new high-tech approach to conservation science that helps biologists identify and replicate successful approaches for returning threatened and endangered species to the wild - saving time, money, and wildlife. In the published study, the scientists used the power of artificial intelligence and an algorithmic approach to rapidly analyze text in scientific papers. The team was able to quickly and efficiently identify approaches to species reintroduction that have proved successful while avoiding those that are dead ends. Addressing the pandemic through policy -Working with other national and California-based nonprofits, we advocated for additional federal and state-based emergency relief funding to help aquariums impacted by the pandemic. -We worked in Monterey County to advance the state's Health Equity Metric, released on September 30, which aims to ensure that the areas of the county disproportionately impacted by COVID-19 - predominantly Latinx neighborhoods - were not left behind. We worked across all sectors to promote a community-driven approach to addressing the crisis and also urged the state to focus resources in Monterey County. 64582575 true true false true false false false false true true true false false true true false true false false true true false true false false false false true true false false false false false false false false true false false false false true true true false false true 143 0 true 612 true true true false false false false true true false false false false false false X 19 18 true false false false false false false true true false false true true true true true true true true false CA X X John Davis 8316484800 886 Cannery Row Monterey CA 93940 Julie Packard Executive Director 28.0 0.0 X X 119593 0 24161 Stephen C Neal Chairman 1.0 0.0 X X 0 0 0 Caroline Getty Trustee 1.0 0.0 X 0 0 0 Chris Scholin Trustee 1.0 0.0 X 0 0 0 Connie Martinez Trustee 1.0 0.0 X 0 0 0 Gideon Yu Trustee 1.0 0.0 X 0 0 0 Greg Silverman Trustee 1.0 0.0 X 0 0 0 Joan Lane Trustee (through 5/29/2020) 1.0 0.0 X 0 0 0 Louise Stephens Trustee 1.0 0.0 X 0 0 0 Margaret Caldwell Trustee 1.0 0.0 X 0 0 0 Mark Wan Trustee 1.0 0.0 X 0 0 0 Martha Martinez Trustee (effective 5/29/2020) 1.0 0.0 X 0 0 0 Michael Mantell Trustee 1.0 0.0 X 0 0 0 Mike Gupta Trustee 1.0 0.0 X 0 0 0 MRC Greenwood Trustee 1.0 0.0 X 0 0 0 Pietro Parravano Trustee 1.0 0.0 X 0 0 0 Samantha Campbell Trustee 1.0 0.0 X 0 0 0 Susan Orr Trustee 1.0 0.0 X 0 0 0 Tegan Acton Trustee 1.0 0.0 X 0 0 0 William Landreth Trustee 1.0 0.0 X 0 0 0 Barbara Wright Secretary 1.0 0.0 X 0 0 0 Cynthia Vernon Chief Operating Officer 39.0 1.0 X 281536 0 43761 Troy A Grande CFO & Treasurer 39.0 1.0 X 269864 0 52402 Cristina Fekeci Chief Development Officer 40.0 0.0 X 318312 0 33950 David Rosenberg VP of Guest Experience 40.0 0.0 X 170297 0 12198 Jon Hoech VP of Animal Care 40.0 0.0 X 185404 0 35150 Margaret Spring Chief Conservation&Sci Officer 40.0 0.0 X 219949 0 37768 Marian Martha Hahn Chief Marketing Officer 40.0 0.0 X 229137 0 32391 Mary-Beth Redmond-Jones VP of Exhibitions & Facilities 40.0 0.0 X 169019 0 17293 Nancy Enterline VP of Development 40.0 0.0 X 169850 0 43632 Rita Bell VP of Education 40.0 0.0 X 156335 0 21819 Teresa Jeanine Merry Chief Human Resources Officer 40.0 0.0 X 206772 0 39229 Ann Dabovich VP of Gift Planning 40.0 0.0 X 177147 0 11262 Jennifer Dianto Kemmerly VP of Global Ocean Initiatives 40.0 0.0 X 189292 0 26798 Jonathan Davis Controller 40.0 0.0 X 171310 0 32790 Robert Mann VP of Technology 40.0 0.0 X 170071 0 46853 Robert Young Dir Finl Planning & Analysis 39.0 1.0 X 161027 0 41764 3364915 0 553221 66 false true false Impacts Research 41 Logan Circle St Simons Island GA 31522 Advertising 3334962 Adage Technology 10 S Riverside Plaza Chicago IL 60606 Web Consultant 1482092 F D Thomas Inc 217 Bateman Drive Central Point OR 97502 Construction 1039555 Blach Construction Company 2244 Blach Place STE 100 San Jose CA 95131 Construction 943904 Riverside Technologies Inc 748 N 109th Court Omaha NE 68154 IT services 857182 53 10297340 0 0 144292 56880351 4395936 67321983 Admission fees 611600 6701875 6701875 Other Program Revenue 900099 1383703 1383703 0 0 0 0 8085578 1444609 1444609 98169 98169 0 98169 98169 355547521 343687299 196492 11860222 -196492 11663730 11663730 Licensing Revenue 900099 420422 420422 PARKING REVENUE 812930 53200 53200 0 0 0 0 473622 89087691 8506000 53200 13206508 0 0 79237 79237 27591 27591 0 0 2889823 1626434 668182 595207 0 0 0 0 28282112 23584240 2911597 1786275 1746960 1481303 160686 104971 6063461 4951184 716230 396047 2898620 2211258 377030 310332 758911 18938 739632 341 197999 0 197999 0 128075 128075 385332 385332 510623 510623 6220948 4967036 787509 466403 4146387 4131571 14809 7 1972256 1708659 29249 234348 4377853 3914618 428164 35071 24782 24782 0 0 4916643 4162752 423467 330424 318450 274296 39506 4648 30323 32564 1091 -3332 12670007 10631179 1994679 44149 637309 604568 28750 3991 Sponsorship and Gifts 58489 22290 34081 2118 0 0 0 0 79342191 64582575 10063284 4696332 6068761 25883575 0 15298840 22336021 21091948 2205538 1370246 0 0 0 0 1914481 1155034 329497225 179817466 154166350 149679759 81535765 51644777 264586349 291229234 0 8244810 7117615 541058075 564471028 10179116 8545674 0 9385184 5009002 0 0 112190 106294 19676490 13660970 X 439327017 455801417 82054568 95008641 521381585 550810058 541058075 564471028 X 9745500 19355284 327689 X false true X true false X 78487795 40375810 58258026 61820387 67321983 306264001 0 0 78487795 40375810 58258026 61820387 67321983 306264001 49322641 256941360 6665009 6928617 4129619 3752326 1542778 23018349 0 0 0 34480 0 0 34480 329316830 215326293 0.7802 0.6703 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING EVENT INCOME, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 34480.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 34480.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 128075 128075 64454500 0 64582575 0 1000000 0 250000 0 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 209661 210977 206485 128075 755198 250000 250000 250000 250000 1000000 1500000 105 7321 2052 0 9478 267572483 3869666 31483608 9400000 293525757 233228187 2946556 39997740 8600000 267572483 239831456 10625727 -10238996 6990000 233228187 196825806 15723311 33455339 6173000 239831456 127401810 65084000 9173000 4833004 196825806 0.8519 0.1018 0.0463 false false 24797822 24797822 205215602 107182436 98033166 37640389 27709742 9930647 61843412 44925288 16918124 149679759 Equity Funds 147998915 F Bond Funds 51572824 F Hedge Funds 27319603 F Nonmarketable Investments 64337892 F 291229234 Gift Annuity Payment Liability 106294 106294 X Schedule D, Part V, Line 4 Intended uses of endowment funds THE EARNINGS OF THE AQUARIUM'S ENDOWMENT FUNDS SUPPORT EDUCATION AND CONSERVATION PROGRAMS AND THE MISSION OF THE AQUARIUM. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOLLOWING FOOTNOTE APPEARED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR BOTH MONTEREY BAY AQUARIUM FOUNDATION AND MONTEREY BAY AQUARIUM SUPPORT SERVICES ("MBASS"), A RELATED ORGANIZATION: THE MONTEREY BAY AQUARIUM FOUNDATION AND MBASS FOLLOW GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE MONTEREY BAY AQUARIUM FOUNDATION AND MBASS ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THEY ARE ALSO EXEMPT FROM CALIFORNIA STATE FRANCHISE TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE MONTEREY BAY AQUARIUM FOUNDATION AND MBASS HAVE PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE MONTEREY BAY AQUARIUM FOUNDATION AND MBASS HAVE DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. true East Asia and the Pacific 0 0 Program Services Conferences/Consults 22474 Europe (Including Iceland and Greenland) 0 0 Program Services Conferences/Consults 4653 North America (Canada & Mexico only) 0 0 Program Services Conferences/Consults 2928 South Asia 0 0 Program Services Conferences/Consults 6044 North America (Canada & Mexico only) 0 0 Grantmaking Research 27591 Central America and the Caribbean 0 0 Investments 29462475 0 0 0 0 0 0 29526165 0 29526165 North America (Canada & Mexico only) Dolphinfish research 15225 Wire North America (Canada & Mexico only) Mobula Ray Research 12366 Wire 0 2 true false true true false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds THE AQUARIUM REQUIRES POTENTIAL GRANT RECIPIENTS TO SUBMIT FORMAL APPLICATIONS WHICH ARE REVIEWED BY THE PROGRAM MANAGER FOR CONSISTENCY WITH THE AQUARIUM'S MISSION AND COMPLIANCE WITH THE ANNUAL BUDGET. FURTHERMORE, THE AQUARIUM REQUIRES A WRITTEN REPORT FROM THE GRANTEE PROVIDING DETAIL ABOUT HOW FUNDS WERE USED TO ACCOMPLISH THE GRANT OBJECTIVES. REPORTS ARE REVIEWED BY THE PROGRAM MANAGER FOR COMPLIANCE WITH GRANT CONDITIONS. Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS THE AQUARIUM REQUIRES POTENTIAL GRANT RECIPIENTS TO SUBMIT FORMAL APPLICATIONS WHICH ARE REVIEWED BY THE PROGRAM MANAGER FOR CONSISTENCY WITH THE AQUARIUM'S MISSION AND COMPLIANCE WITH THE ANNUAL BUDGET. FURTHERMORE, THE AQUARIUM REQUIRES A WRITTEN REPORT FROM THE GRANTEE PROVIDING DETAIL ABOUT HOW FUNDS WERE USED TO ACCOMPLISH THE GRANT OBJECTIVES. REPORTS ARE REVIEWED BY THE PROGRAM MANAGER FOR COMPLIANCE WITH GRANT CONDITIONS. X X X X X X true Feldstein CO LLC 601 Skokie BLVD Suite 103 Northbrook IL 60063 Consulting/marketing false 0 151091 -151091 S D & A TELESERVICES 57 West Century BLVD STE 300 Los Angeles CA 90045 Telemarketing false 89655 40855 48800 Avalon Consulting Group Inc 805 15th Street NW Suite 700 Washington DC 20005 Membership consulting and direct mail false 10297340 193386 10103954 10386995 385332 10001663 CA CO CT DE FL AL HI ID IL IN IA KS KY LA ME AK MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA AZ RI SC SD TN TX UT VT VA AR WA WV WI WY true FELLOWSHIP 2 22112 INDIVIDUAL SCHOLARSHIP 34 37775 TEACHERS STIPENDS 191 19350 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE AQUARIUM REQUIRES POTENTIAL GRANT RECIPIENTS TO SUBMIT FORMAL APPLICATIONS WHICH ARE REVIEWED BY THE PROGRAM MANAGER FOR CONSISTENCY WITH THE AQUARIUM'S MISSION AND COMPLIANCE WITH THE ANNUAL BUDGET. FURTHERMORE, THE AQUARIUM REQUIRES A WRITTEN REPORT FROM THE GRANTEE PROVIDING DETAIL ABOUT HOW FUNDS WERE USED TO ACCOMPLISH THE GRANT OBJECTIVES. REPORTS ARE REVIEWED BY THE PROGRAM MANAGER FOR COMPLIANCE WITH GRANT CONDITIONS. X X true true X X X X X false false false false false false false true false Troy A Grande CFO & Treasurer 268687 0 0 0 1177 0 17543 0 34859 0 322266 0 0 0 Cynthia Vernon Chief Operating Officer 279092 0 0 0 2444 0 18073 0 25688 0 325297 0 0 0 Cristina Fekeci Chief Development Officer 315312 0 0 0 3000 0 20120 0 13830 0 352262 0 0 0 Marian Martha Hahn Chief Marketing Officer 228156 0 0 0 981 0 14705 0 17686 0 261528 0 0 0 Margaret Spring Chief Conservation&Sci Officer 218523 0 0 0 1426 0 14268 0 23500 0 257717 0 0 0 Teresa Jeanine Merry Chief Human Resources Officer 205340 0 0 0 1432 0 13461 0 25768 0 246001 0 0 0 Jon Hoech VP of Animal Care 182991 0 1691 0 722 0 11985 0 23165 0 220554 0 0 0 David Rosenberg VP of Guest Experience 170081 0 0 0 216 0 10728 0 1470 0 182495 0 0 0 Nancy Enterline VP of Development 169427 0 0 0 423 0 11353 0 32279 0 213482 0 0 0 Mary-Beth Redmond-Jones VP of Exhibitions & Facilities 168348 0 0 0 671 0 10939 0 6354 0 186312 0 0 0 Rita Bell VP of Education 155254 0 0 0 1081 0 9940 0 11879 0 178154 0 0 0 Jennifer Dianto Kemmerly VP of Global Ocean Initiatives 189033 0 0 0 259 0 12183 0 14615 0 216090 0 0 0 Ann Dabovich VP of Gift Planning 175863 0 0 0 1284 0 3771 0 7491 0 188409 0 0 0 Jonathan Davis Controller 170655 0 0 0 655 0 11126 0 21664 0 204100 0 0 0 Robert Mann VP of Technology 169834 0 0 0 237 0 11384 0 35469 0 216924 0 0 0 Robert Young Dir Finl Planning & Analysis 160811 0 0 0 216 0 10710 0 31054 0 202791 0 0 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments AS PART OF THE AQUARIUM'S WELLNESS PROGRAM, ALL EMPLOYEES (INCLUDING THE LISTED EMPLOYEES IN PART VII, SECTION A) ARE ELIGIBLE TO RECEIVE A MONTHLY SUBSIDY OF $25 FOR FITNESS CENTER DUES IF THE EMPLOYEE MEETS CERTAIN WELLNESS PROGRAM REQUIREMENTS. SINCE THIS TYPE OF SUBSIDY IS CONSIDERED A TAXABLE FRINGE BENEFIT, THE AQUARIUM GROSSES-UP THESE SUBSIDIES TO COVER THE EMPLOYEE'S TAXES. SUCH PAYMENTS WERE TREATED AS TAXABLE INCOME ON THE EMPLOYEE'S FORM W-2 AND REPORTED AS COMPENSATION ON SCHEDULE J, PART II, COLUMN B(III). ADDITIONALLY, CERTAIN EMPLOYEES RECEIVED TAX GROSS-UP PAYMENTS FOR SMALL APPRECIATION GIFTS RECEIVED DURING THE COURSE OF THE 2020 CALENDAR YEAR. SUCH PAYMENTS WERE TREATED AS TAXABLE INCOME ON THE EMPLOYEE'S FORM W-2 AND REPORTED AS COMPENSATION ON SCHEDULE J, PART II, COLUMN B(III). Schedule J, Part I, Line 7 Non-fixed payments JON HOECH, VP OF ANIMAL CARE, RECEIVED A DISCRETIONARY BONUS DURING 2020. THIS BONUS WAS DETERMINED BY HIS SUPERVISOR AND IS REPORTED ON FORM 990, SCHEDULE J, PART II, COLUMN B(II). X 98 3035295 Market value X 1 1360000 Opinions of experts X 1 641 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - number of contributions Food inventory - number of contributions Real estate - Residential - number of contributions Form 990, Part VI, Line 2 Family/business relationships amongst interested persons JULIE PACKARD, CHRIS SCHOLIN AND BARBARA WRIGHT - Business relationship, JULIE PACKARD, SUSAN ORR AND LOUISE STEPHENS - Family relationship, Julie Packard, Meg Caldwell, SUSAN ORR AND LOUISE STEPHENS - Business relationship, Michael Mantell, Mark Wan - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body The Aquarium's Controller provides all information needed for the Form 990 to Crowe LLP based on audited consolidated financial statements. Crowe prepares and reviews the Form 990 and provides a draft which is revewed by the Controller, CFO, Secretary and Legal Counsel, and Executive Director with revisions incorporated as needed. Upon acceptance of the final version, the 990 is shared first with the Audit Committee for its review and then distributed to the full board prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy The Executive Director's office assures that all disclosure forms (and mitigation plans, if applicable) have been received from all trustees and officers by January 31 of each year, prepares a summary of disclosures, and forwards the completed forms and the summary to the Aquarium's conflicts review panel, consisting of the Executive Director, legal counsel, Chief Human Resources Officer, Chief Financial Officer (CFO), Controller and Director of Finance. Trustees and Officers also acknowledge receipt and understanding of the Aquarium's COI policy in conjunction with providing the annual disclosures. Following review by the panel, the panel's findings and the disclosures are provided to the Board's Audit Committee, which reviews the disclosures and makes a report to the Board at its March meeting. Both the panel and the Audit Committee annually evaluate the effectiveness of the process. The CFO and Controller assure appropriate reporting to the external auditors and tax preparer. Trustees and officers have a continuing duty to make additional disclosures throughout the year if warranted. Employee Code of Ethical Conduct Policy - The Chief Human Resources Officer forwards the code, which includes a section on conflicts of interest, to all managers in early January each year, and assures that each manager responds that they have read it and are in compliance by January 31. Managers are also required to disclose any interests which could give rise to conflict, and to assure that any staff in their areas with interests which could give rise to conflict has done the same. Disclosures (and mitigation plans, if applicable) are reviewed by the Executive Director, Chief Human Resources Officer and CFO by March. This team also evaluates the effectiveness of the process. The CFO assures appropriate reporting to the external auditors and tax preparer. Employees have a continuing duty to make additional disclosures throughout the year if warranted. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Board of Trustees maintains a performance evaluation process for the Chief Executive Officer, referred to as the Executive Director, who is a member of the Board. The Board's Executive Compensation Committee, comprised of independent trustees, reviews the CEO's performance with input from other board members, and recommends the compensation of the CEO to the Board. The Committee obtains and reviews market survey data from several independent organizations (IN 2019, THIS WAS SEVEN INDEPENDENT NATIONAL AND REGIONAL ORGANIZATIONS) containing data for comparable positions at comparable organizations. The Committee provides the performance review and comparable salary information to the Board and recommends the CEO's compensation. Based upon the performance review and comparable salary information, the independent members of the Board determines that the compensation is fair, just and reasonable and then approves total compensation for the CEO. The Board delegates to the Executive Compensation Committee the performance review and compensation approval of the Chief Financial Officer, who is not a member of the Board, and any other officers or senior staff who are highly compensated. Based upon the performance review and comparable salary information, the Committee determines that the compensation is fair, just and reasonable and approves the Executive Director's recommendation of total compensation for the CFO and all other Key employees. In each case, the review and approval is contemporaneously documented in the minutes of the Committee and the Board, respectively. DUE TO COVID-19 AND THE AQUARIUM CLOSURE, NO SALARY INCREASES FOR THE CEO AND KEY EMPLOYEES WERE RECOMMENDED OR IMPLEMENTED IN 2020. Form 990, Part VI, Line 15b Process to establish compensation of other employees Described in narrative to Form 990, Part VI, Line 15a above. Form 990, Part VI, Line 19 Required documents available to the public The Aquarium makes its audited financial statements and form 990 for the most recent three years available to the public by posting on its website. The conflicts of interest policy and governing documents are provided upon request within two business days. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Unrealized Gain on Interest in Charitable Remainder Trust - 392496; Change in allowance for Uncollectible pledges - -64807; Monterey Bay Aquarium Support Services 99 Pacific Street Monterey CA 93940 770569564 PROPERTY MGMT CA 501(c)(3) Type I MBAF true false false false false false false false false false false true false false true true false true false false MONTEREY BAY AQUARIUM SUPPORT SERVICES K 171818 RECORDED VALUE