2015-10-27T08:57:20-05:00 2015-06-30 McPhillips Roberts & Deans PLC 150 Boush Street Suite 1100 Norfolk VA 23510 990 2014-07-01 521272309 VIRGINIA AQUARIUM & MARINE SCIENCE CENTER FDN % DONNA J ELLIS VIRG 717 GENERAL BOOTH BOULEVARD VIRGINIA BEACH VA 23451 LYNN B CLEMENTS EXECUTIVE DIRECTOR 7573853474 2015-09-24 true Joy M Bixler P00558955 7576407190 2014 2016-04-25 22:37:26Z MS LYNN CLEMENTS 717 GENERAL BOOTH BOULEVARD VIRGINIA BEACH VA 23451 3974453 false X www.virginiaaquarium.com X 1981 VA TO INSPIRE CONSERVATION OF THE MARINE ENVIRONMENT THROUGH EDUCATION, RESEARCH AND SUSTAINABLE PRACTICES 79 79 0 1460 0 660336 940396 2158392 1601368 94025 204899 576148 892156 3488901 3638819 0 0 0 0 918312 889799 0 0 245878 2761529 2688187 3679841 3577986 -190940 60833 17164978 17306437 225987 467424 16938991 16839013 TO INSPIRE CONSERVATION OF THE MARINE ENVIRONMENT THROUGH EDUCATION, RESEARCH AND SUSTAINABLE PRACTICES false false 602522 398901 EDUCATION PROGRAMS- TO PROVIDE ENGAGING EDUCATIONAL EXPERIENCES THAT MEET THE NEEDS AND EXCEED THE EXPECTATIONS OF THE AQUARIUM'S DIVERSE AUDIENCES IN ORDER TO FOSTER OCEAN LITERACY AND INSPIRE CONSERVATION ACTION. 891885 274808 EXHIBITS- TO PRODUCE ENGAGING, IMMERSIVE EXHIBITS IN ORDER TO INSPIRE CONSERVATION ACTIONS BY CREATING EMOTIONAL CONNECTIONS BETWEEN GUESTS AND THE ANIMAL COLLECTION AND ENHANCE UNDERSTANDING OF MARINE SCIENCE THROUGH HANDS-ON EXPLORATION. 1638105 940568 RESEARCH AND CONSERVATION - TO CONDUCT AND SUPPORT SCIENTIFIC RESEARCH AND STEWARDSHIP INITIATIVES IN ORDER TO PRODUCE AND DISSEMINATE KNOWLEDGE LEADING TO EFFECTIVE CONSERVATION OF THE MARINE ENVIRONMENT. 3132512 true true false false false false false true false true true false false false false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 23 0 true 0 false false false false false false false false false false X 79 79 true false false false false false false true true false false true true true true true true false false false X DONNA J ELLIS 7573850280 717 GENERAL BOOTH BOULEVARD VIRGINIA BEACH VA 23451 X RENDY ADAMS BOARD MEMBER 0.2 0.0 X 0 0 0 MICHELLE COLLINS BOARD MEMBER 0.2 0.0 X 0 0 0 C MAX BARTHOLOMEW JR BOARD MEMBER 0.2 0.0 X 0 0 0 THOMAS A BARTON III PRESIDENT ELECT 2.0 0.0 X X 0 0 0 ROBERT W BERRY BOARD MEMBER 0.2 0.0 X 0 0 0 KRISTINA CHASTAIN BOARD MEMBER 0.2 0.0 X 0 0 0 MICHAEL BENEDETTO BOARD MEMBER 0.2 0.0 X 0 0 0 SARA MILLER BOYD BOARD MEMBER 0.2 0.0 X 0 0 0 MACON BROCK BOARD MEMBER 0.2 0.0 X 0 0 0 THOMAS C BROYLES BOARD MEMBER 0.2 0.0 X 0 0 0 JAMES G CARLSON BOARD MEMBER 0.2 0.0 X 0 0 0 BRYAN CUFFEE BOARD MEMBER 0.2 0.0 X 0 0 0 BARBARA TAYLOR CREECH BOARD MEMBER 0.2 0.0 X 0 0 0 NANCY A CREECH BOARD MEMBER 0.2 0.0 X 0 0 0 SAL DABIERO BOARD MEMBER 0.2 0.0 X 0 0 0 LEE ENISMINGER SECRETARY 2.0 0.0 X X 0 0 0 ROBERT H DEFORD JR BOARD MEMBER 0.2 0.0 X 0 0 0 GARY FINKBEINER BOARD MEMBER 0.2 0.0 X 0 0 0 JOHN H FAIN BOARD MEMBER 0.2 0.0 X 0 0 0 WILLIAM J FANNEY BOARD MEMBER 0.2 0.0 X 0 0 0 MORRIS H FINE BOARD MEMBER 0.2 0.0 X 0 0 0 KENNETH CUMMINGS BOARD MEMBER 0.2 0.0 X 0 0 0 THOMAS E FRAIM SR BOARD MEMBER 0.2 0.0 X 0 0 0 CATHIE J FRANCE BOARD MEMBER 0.2 0.0 X 0 0 0 THOMAS R FRANTZ BOARD MEMBER 0.2 0.0 X 0 0 0 WILLIAM T GREER JR PHD BOARD MEMBER 0.2 0.0 X 0 0 0 WILLIAM A HEARST BOARD MEMBER 0.2 0.0 X 0 0 0 KEVIN P FUREY BOARD MEMBER 0.2 0.0 X 0 0 0 DR CLARENCE A HOLLAND BOARD MEMBER 0.2 0.0 X 0 0 0 ANN W HOST BOARD MEMBER 0.2 0.0 X 0 0 0 ANDREW HODGE BOARD MEMBER 0.2 0.0 X 0 0 0 PETE LEDDY BOARD MEMBER 0.2 0.0 X 0 0 0 ELLEN KEETER BOARD MEMBER 0.2 0.0 X 0 0 0 CRAIG GRUBE BOARD MEMBER 0.2 0.0 X 0 0 0 ROB NICHOLSON BOARD MEMBER 0.2 0.0 X 0 0 0 JOHN MATSON BOARD MEMBER 0.2 0.0 X 0 0 0 CHERYL MCLESKEY BOARD MEMBER 0.2 0.0 X 0 0 0 DELCENO C MILES VICE PRESIDENT 2.0 0.0 X X 0 0 0 ELLY D MLADICK BOARD MEMBER 0.2 0.0 X 0 0 0 ROBERT FORT BOARD MEMBER 0.2 0.0 X 0 0 0 HARRY R PURKEY BOARD MEMBER 0.2 0.0 X 0 0 0 DR CHRIS PLATSOUCAS BOARD MEMBER 0.2 0.0 X 0 0 0 JANE M PURRINGTON BOARD MEMBER 0.2 0.0 X 0 0 0 TOM McNICHOLS BOARD MEMBER 0.2 0.0 X 0 0 0 TIMOTHY B ROBERTSON BOARD MEMBER 0.2 0.0 X 0 0 0 MARTHA KAY ROLAND BOARD MEMBER 0.2 0.0 X 0 0 0 DAN RYAN BOARD MEMBER 0.2 0.0 X 0 0 0 MICHAEL SAVVIDES BOARD MEMBER 0.2 0.0 X 0 0 0 KIM SAVAGE BOARD MEMBER 0.2 0.0 X 0 0 0 JOHN SETTLE BOARD MEMBER 0.2 0.0 X 0 0 0 WILLIE SHEPHERD BOARD MEMBER 0.2 0.0 X 0 0 0 TINA SINNEN BOARD MEMBER 0.2 0.0 X 0 0 0 EDWARD B SNYDER BOARD MEMBER 0.2 0.0 X 0 0 0 MICHAEL STANDING BOARD MEMBER 0.2 0.0 X 0 0 0 ANDREW W VAKOS SR BOARD MEMBER 0.2 0.0 X 0 0 0 MICHAEL WAGNER BOARD MEMBER 0.2 0.0 X 0 0 0 RAY TOLL BOARD MEMBER 0.2 0.0 X 0 0 0 KATHERINE HINES BOARD MEMBER 0.2 0.0 X 0 0 0 KIM WHEELER BOARD MEMBER 0.2 0.0 X 0 0 0 KEN WILSON JR BOARD MEMBER 0.2 0.0 X 0 0 0 NIKKI WILLIAMS BOARD MEMBER 0.2 0.0 X 0 0 0 NED WILLIAMS BOARD MEMBER 0.2 0.0 X 0 0 0 MAKINA LIACOURAS BOARD MEMBER 0.2 0.0 X 0 0 0 SHEWLING MOY TREASURER 2.0 0.0 X X 0 0 0 DORCAS HELFANT-BROWNING BOARD MEMBER 0.2 0.0 X 0 0 0 FREDERICK J NAPOLITANO II CHAIRMAN OF THE BOARD 2.0 0.0 X X 0 0 0 THOMAS E FRAIM JR PRESIDENT 2.0 0.0 X X 0 0 0 JT MCDONALD BOARD MEMBER 0.2 0.0 X 0 0 0 DON GOLDBERG BOARD MEMBER 0.2 0.0 X 0 0 0 WILEY F MITCHELL JR GENERAL COUNSEL 2.0 0.0 X X 0 0 0 SAMANTHA BERLIN-WETZLER BOARD MEMBER 0.2 0.0 X 0 0 0 FRANK WAGNER BOARD MEMBER 0.2 0.0 X 0 0 0 CORY MAYO BOARD MEMBER 0.2 0.0 X 0 0 0 BERT SCHMIDT BOARD MEMBER 0.2 0.0 X 0 0 0 DAVID SKOLNIK BOARD MEMBER 0.2 0.0 X 0 0 0 ESI WATERS BOARD MEMBER 0.2 0.0 X 0 0 0 CAROLYN ROBERTSON BOARD MEMBER 0.2 0.0 X 0 0 0 CHAS WRIGHT BOARD MEMBER 0.2 0.0 X 0 0 0 C MAC RAWLS BOARD MEMBER 0.2 0.0 X 0 0 0 LYNN B CLEMENTS EXECUTIVE DIRECTOR 40.0 0.0 X 0 0 0 0 0 0 0 false false false RIVERHEAD FOUNDATION FOR MARINE RES 2000 DANIEL ISLAND DRIVE VIRGINIA BEACH VA 23451 AERIAL SURVEYS 604500 CITY OF VIRGINIA BEACH 2401 COURTHOUSE DRIVE VIRGINIA BEACH VA 23456 PERSONNEL & RENT 1348154 ROVER DOLPHIN TOURS PO BOX 2363 NORFOLK VA 23451 BOAT CONTRACT 139417 3 63946 876450 940396 EDUCATION PROGRAMS 900099 398901 398901 TEMPORARY EXHIBITS 900099 261899 261899 RESEARCH AND CONSERVATION 900099 940568 940568 1601368 160195 160195 0 0 81056 48268 32788 0 32788 32788 166350 121646 44704 44704 44704 362729 165720 197009 197009 0 0 RESTAURANT INCOME 722210 169498 169498 PHOTO CONCESSIONS 900099 260966 260966 ADVENTURE PARK 713110 218986 218986 12909 12909 662359 3638819 1601368 1097055 0 0 0 0 0 0 665271 603405 4021 57845 0 175115 154683 2562 17870 49413 44681 307 4425 0 0 0 0 0 0 0 32768 7285 25458 25 0 0 0 66052 66052 43870 23878 5175 14817 0 34928 12013 5709 17206 0 0 640743 574701 61824 4218 15659 11245 4414 CONSERVATION SUPPORT 19316 19316 PROFESSIONAL SERVICES 53604 34595 17445 1564 PERMITS AND FEES 6119 5757 362 PRINTING AND POSTAGE 32531 19134 10231 3166 1742597 1555767 62088 124742 3577986 3132512 199596 245878 X 0 0 2945610 2863208 992243 972931 160804 629092 0 0 0 0 0 0 0 0 10275 92129 16589851 6420769 10289947 10169082 2756099 2569995 10000 10000 0 0 0 0 0 0 17164978 17306437 73698 319182 0 0 152289 148242 0 0 0 0 0 0 0 0 0 0 0 0 225987 467424 X 10594718 10545412 4322567 4246440 2021706 2047161 16938991 16839013 17164978 17306437 60833 -160811 X false true X true true true X 416997 545848 691559 660336 940396 3255136 0 0 416997 545848 691559 660336 940396 3255136 38746 3216390 74685 76166 132402 129956 241250 654459 0 582724 515110 517498 567157 846460 3028949 6938544 9809576 0.46355 0.45552 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X false 2639144 25455 21981 245917 2440663 2406998 19706 330010 117570 2639144 2247741 0 268538 109281 2406998 2448623 2098 -63908 139072 2247741 2001770 55683 391170 2448623 0.83877 0.16123 109227 32597 76630 16480624 6388172 10092452 10169082 0 0 4563428 -160811 1053446 31974 924609 3638819 3638819 4655944 1053446 24512 1077958 3577986 3577986 RECONCILIATION, Sch D, Parts XI Line 2D, and XII line 2D REVENUE: RENTAL EXPENSE OF $48,268 REPORTED ON PART VIII LINE 6B, NET OF FINANCIAL SERVICE FEES OF $16,294 REPORTED ON PART IX LINE 24E. EXPENSES:RENTAL EXPENSE OF $48,268 REPORTED ON PART VIII LINE 6B, NET OF FINANCIAL SERVICE FEES OF $16,294 AND NET OF ANIMAL COLLECTION OF $7,462, BOTH ITEMS REPORTED ON PART IX LINE 24E. ANIMAL COLLECTIONS, Sch D, Part III Line 1A In accordance with industry practice, the Foundation's collections of marine animals are not capitalized and recognized as assets in the statements of financial position. The Foundation holds its collections for public exhibition, education and research rather than for financial gain. It protects, cares for, preserves and keeps its collections unencumbered. Additionally, it is impracticable to attempt to assign values to the collection because the animals have certain attributes, such as species, sex, age, breeding potential, and relationship to others in the ecosystem that make it difficult to determine an objective basis for valuation. The value of collection items purchased by the Foundation is reported in the statement of activities as collections. Contributed collection items are not reflected in the financial statements. EXEMPT PURPOSE, Sch D, part III line 4 THE CITY OF VIRGINIA BEACH OWNS AND OPERATES THE VIRGINIA AQUARIUM FACILITY. THE VIRGINIA AQUARIUM & MARINE SCIENCE CENTER FOUNDATION, INC. OWNS THE AQUARIUM EXHIBITS, CONDUCTS EDUCATIONAL PROGRAMS, DIRECTS RESEARCH AND CONSERVATION EFFORTS, AND FUND RAISING ACTIVITIES FOR THE AQUARIUM. FINANCIAL RESULTS FROM THE AQUARIUM FUND ARE REPORTED IN ACCORDANCE WITH THE REQUIREMENTS OF THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD. SINCE ITS OPENING IN 1986, VIRGINIA AQUARIUM & MARINE SCIENCE CENTER'S MISSION HAS BEEN TO INCREASE THE PUBLIC'S KNOWLEDGE AND APPRECIATION OF VIRGINIA'S MARINE ENVIRONMENT AND INSPIRE COMMITMENT TO PRESERVE ITS EXISTENCE. RECOGNIZING THAT MARINE CONSERVATION EXTENDS WELL BEYOND VIRGINIA'S SHORES, THE AQUARIUM ANNOUNCED IN 2011 THAT IT WOULD EXPAND ITS FOCUS TO INSPIRE CONSERVATION OF THE MARINE ENVIRONMENT THROUGH EDUCATION, RESEARCH, AND SUSTAINABLE PRACTICES. AT A NEWS CONFERENCE HELD IN HONOR OF ITS 25TH ANNIVERSARY, THE AQUARIUM UNVEILED ITS PLANS FOR FUTURE EXPANSION AND DEVELOPMENT IN 1200 ACRES ALONG OWLS CREEK. THE PROPOSED DESIGN INCLUDES A MARINE ANIMAL CARE CENTER TO THE NORTH OF THE AQUARIUM'S MARSH PAVILION, FOR WHICH THE CITY OF VIRGINIA BEACH HAS ALREADY SECURED TWO AND A HALF ACRES, AS WELL AS EXTENDED WETLAND TRAILS IN THE MARSHVIEW AREA TO THE WEST OF OWLS CREEK. WITH THE EXPANSION, THE VIRGINIA AQUARIUM IS UNIQUELY POSITIONED TO BECOME A MAJOR RESEARCH FACILITY IN THE INTERNATIONAL AREA OF CLIMATE CHANGE AND SEA LEVEL RISE. THE COLLECTION OF ANIMALS ENABLES THE FOUNDATION TO ATTRACT THE PUBLIC TO BUY TICKETS IN ORDER TO INSPIRE CONSERVATION OF THE MARINE ENVIRONMENT THROUGH EDUCATION, RESEARCH AND SUSTAINABLE PRACTICES. AZA-SANCTIONED BREEDING PROGRAMS FOR ENDANGERED SPECIES, SUCH AS TOMISTOMA CROCODILES, ENABLES STAFF TO CONDUCT IMPORTANT RESEARCH FOR INTERNATIONAL CONSERVATION, AND THEY ARE ONE OF THE "SIGNATURE" COLLECTION ANIMALS WHICH ENCOURAGE VISITORS TO CONTRIBUTE DIRECTLY TO CONSERVATION AT POINT OF PURCHASE. FIN 48 TAX POSITIONS, Sch D, Part X, line 2 Management continually evaluates tax positions reflected in the Foundation's tax filings and does not believe that any material uncertain tax positions exist. AUCTION 167188 167188 78137 TOURNAMENT 62041 62041 18353 2 133500 133500 69230 362729 362729 165720 165720 197009 FAMILY RELATIONSHIP, FORM 990, PART VI LINE 2 BOARD MEMBER, MR THOMAS FRAIM IS THE FATHER OF MR THOMAS FRAIM, JR., PRESIDENT. REVIEW OF FORM 990, FORM 990, PART VI LINE 11 THE FORM 99O IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS, REVIEWED IN DETAIL BY THE DIRECTOR OF FINANCE AND THE BOARD OF TRUSTEES, AND SIGNED BY THE EXECUTIVE DIRECTOR. CONFLICT OF INTEREST, FORM 990, PART VI LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO SIGN ANNUAL STATEMENTS TO DISCLOSE POSSIBLE CONFLICTS OF INTERESTS. AVAILABLE TO PUBLIC, FORM 990 PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 1023 AND ANNUAL FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER CHANGES, FORM 990, PART XI LINE 5 UNREALIZED LOSS ON INVESTMENTS $160,811 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SUPPLIES TOTAL EXPENSES:117066 PROGRAM SERVICES:94788 MANAGEMENT AND GENERAL:12840 FUNDRAISING:9438 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:TELECOMMUNICATIONS TOTAL EXPENSES:20947 PROGRAM SERVICES:8587 MANAGEMENT AND GENERAL:12360 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:VOLUNTEER EXPENSE TOTAL EXPENSES:3000 PROGRAM SERVICES:3000 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:ANIMAL COLLECTIONS TOTAL EXPENSES:7462 PROGRAM SERVICES:7462 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:BANK CHARGES TOTAL EXPENSES:3291 PROGRAM SERVICES:2657 MANAGEMENT AND GENERAL:612 FUNDRAISING:22 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:REPAIRS AND MAINTENANCE TOTAL EXPENSES:7255 PROGRAM SERVICES:5054 MANAGEMENT AND GENERAL:2201 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MISCELLANEOUS TOTAL EXPENSES:4933 PROGRAM SERVICES:4724 MANAGEMENT AND GENERAL:209 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROFESSIONAL DEVELOPMENT TOTAL EXPENSES:126008 PROGRAM SERVICES:114928 MANAGEMENT AND GENERAL:7394 FUNDRAISING:3686 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:CONTRACTED SERVICES TOTAL EXPENSES:1344734 PROGRAM SERVICES:1211824 MANAGEMENT AND GENERAL:23134 FUNDRAISING:109776 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:FUEL TOTAL EXPENSES:13737 PROGRAM SERVICES:13737 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:FINANCIAL SERVICE FEE TOTAL EXPENSES:16294 MANAGEMENT AND GENERAL:16294 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:DUES AND SUBSCRIPTIONS TOTAL EXPENSES:49578 PROGRAM SERVICES:43199 MANAGEMENT AND GENERAL:4559 FUNDRAISING:1820 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:SMALL TOOLS & EQUIPMENT TOTAL EXPENSES:28292 PROGRAM SERVICES:26263 MANAGEMENT AND GENERAL:2029 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:INDIRECT OVERHEAD PROGRAM SERVICES:19544 MANAGEMENT AND GENERAL:-19544