2013-01-08T14:30:51-06:00 2012-03-31 205788602 GLASERDUNCAN CPAS 1040 ANNA KNAPP BLVD MOUNT PLEASANT SC 29464 990 2011-04-01 570961897 SOUTH CAROLINA AQUARIUM SOUT 8437201990 100 AQUARIUM WHARF CHARLESTON SC 294016300 JOHN L HIGGINS 8437201990 2013-01-08 1 ERIK M GLASER CPA P00724565 8438490655 2011 2016-03-07 17:11:31Z JOHN L HIGGINS 100 AQUARIUM WHARF CHARLESTON SC 294016300 9329005 0 X WWW.SCAQUARIUM.ORG X 1992 SC THE SOUTH CAROLINA AQUARIUM INSPIRES CONSERVATION OF THE NATURAL WORLD BYEXHIBITING AND CARING FOR ANIMALS, BY EXCELLING IN EDUCATION AND RESEARCH, AND BY PROVIDING AN EXCEPTIONAL VISITOR EXPERIENCE. 35 35 158 449 0 0 357946 2240223 1160931 5571196 1598 1919 82663 963322 1603138 8776660 0 0 0 0 1122856 4547409 0 0 532464 809248 3801709 1932104 8349118 -328966 427542 5228326 6083848 1033886 1549929 4194440 4533919 X THE SOUTH CAROLINA AQUARIUM INSPIRES CONSERVATION OF THE NATURAL WORLD BY EXHIBITING AND CARING FOR ANIMALS, BY EXCELLING IN EDUCATION AND RESEARCH, AND BY PROVIDING AN EXCEPTIONAL VISITOR EXPERIENCE. 0 0 1318382 FACILITIES PROGRAM SERVICES INCLUDE ALL COSTS ASSOCIATED WITH THE MAINTENANCE AND OPERATION OF THE AQUARIUM FACILITY, EXHIBITS, AND ANIMAL LIFE SUPPORT SYSTEMS. 1196394 HUSBANDRY PROGRAM SERVICES ARE DESIGNED TO CONTINUOUSLY COLLECT AND MAINTAIN ANIMALS FOR THE EXHIBITS THAT ARE DISPLAYED IN THE AQUARIUM FACILITIES. 1249034 5054248 EXTERNAL AFFAIRS PROGRAM SERVICES INCLUDE MEDIA AND COMMUNITYRELATIONS, SPECIAL EVENTS, AND GROUP SALES. 2299227 1098933 GUEST PROGRAM SERVICES INCLUDE ADMISSIONS, SECURITY STAFF AND ENVIRONMENTAL SERVICES.EDUCATION PROGRAM SERVICES INCLUDE RUNNING A COMPLETE EDUCATION MASTER PLAN THAT WAS PUT IN PLACE UPON THE OPENING OF THE NEW AQUARIUM FACILITY IN 2000.MEMBERSHIP PROGRAM SERVICES INCLUDE THE DEVELOPMENT AND OPERATION OF THE AQUARIUM'S MEMBERSHIP PROGRAM. 2299227 1098933 6063037 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 53 0 158 1 0 0 0 0 0 1 1 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X X JOHN L HIGGINS 8437201990 100 AQUARIUM WHARF CHARLESTON SC 294016300 J DONALD HIGGINS 4.00 X X 0 0 0 SHEILA HODGES 2.00 X X 0 0 0 BRYSON GEER 2.00 X X 0 0 0 JOHN JACK M MITCHELL 2.00 X X 0 0 0 KENNETH SEEGER 2.00 X X 0 0 0 DIXON WOODWARD 2.00 X X 0 0 0 RANDY BYLERLY 1.00 X 0 0 0 JILL SIEGAL CHALSTY 1.00 X 0 0 0 L JOHN CLARK 1.00 X 0 0 0 CHARLES G CLAUS 1.00 X 0 0 0 JOHN DANAHY 1.00 X 0 0 0 RANDALL GOLDMAN 1.00 X 0 0 0 BRUCE HECKER 1.00 X 0 0 0 VIRGINIA HERRMANN MD 1.00 X 0 0 0 KATE JEROME 1.00 X 0 0 0 WILBUR E JOHNSON 1.00 X 0 0 0 H DENNY LARABEE 1.00 X 0 0 0 LAURA DAVIES MATEO 1.00 X 0 0 0 MARY ALICE MONROE 1.00 X 0 0 0 H DEL SCHUTTE JR MD 1.00 X 0 0 0 BRYAN J SHERBACOW 1.00 X 0 0 0 DAVID SIMMONS 1.00 X 0 0 0 JOHN J SIMPKINS 1.00 X 0 0 0 CATHERINE SMITH 1.00 X 0 0 0 STEPHANIE SMITH-PHILLIPS MD 1.00 X 0 0 0 JOHN SWINK 1.00 X 0 0 0 LAWRENCE O THOMPSON 1.00 X 0 0 0 DAVID TIGGES 1.00 X 0 0 0 TEDDY TURNER 1.00 X 0 0 0 C RAY WRENN 1.00 X 0 0 0 JONATHAN ZUCKER 1.00 X 0 0 0 ERIKA HARRISON 1.00 X 0 0 0 TOMI G YOUNGBLOOD 1.00 X 0 0 0 REBA HUGE 1.00 X 0 0 0 THOMPSON PENNEY 1.00 X 0 0 0 TODD ABEDON 1.00 X 0 0 0 DAVID RIVERS 1.00 X 0 0 0 WILL ALBRECHT 1.00 X 0 0 0 KEN BAUER 1.00 X 0 0 0 KEVIN MILLS 40.00 X 228950 0 12225 JOHN L HIGGINS 40.00 X 119805 0 4834 JASON CRICHTON 40.00 X 102894 0 11068 KEVIN KAMPWERTH 40.00 X 107390 0 11197 ADRIAN CAIN 40.00 X 113051 0 11815 672090 0 51139 5 0 1 0 CHARLES BLANCHARD CONSTRUCTION 2845 RIVERS AVE N CHARLESTON SC 29405 CONSTRUCTION 306545 CAMBRIDGE SEVEN ASSOCIATES INC 1050 MASSACHUSETTS AVE CAMBRIDGE MA 02138 ARCHITECTURAL SERVICES 176847 2 108288 301462 1830473 394682 2240223 ADMISSIONS 713990 4545944 4545944 MEMBERSHIPS 713990 811781 811781 GUEST PROGRAM 713990 213471 213471 5571196 405 405 854466 378766 475700 475700 508000 -32300 7686 6172 1514 1514 1514 112933 108288 167407 -54474 -54474 CONCESSIONS 722210 562923 21494 541429 MISC REVENUES 900099 64173 52491 11682 IMPAIRMENT IN VALUE OF 900099 -85000 -85000 542096 8776660 6153181 0 383256 367103 282536 84567 3419653 2681859 441189 296605 53127 46951 637 5539 396034 319614 35513 40907 311492 244525 33025 33942 11608 11608 13350 13350 284766 49869 234029 868 465477 465477 476240 241125 216984 18131 77530 77530 1004360 1001749 2611 58120 51491 5379 1250 8262 8262 362131 307812 50698 3621 207348 207348 REPAIRS & MAINTENANCE 172948 167442 5506 SPECIMEN FOOD & SUPPLIE 127388 127388 TRAINING, EDUCATION, PR 79394 31368 45842 2184 MEMBERSHIP DEVELOPMENT 63236 63236 389551 263131 81570 44850 8349118 6063037 1753617 532464 X 13880 13880 215809 454389 1003236 718900 201406 326379 134091 163668 13043211 8699921 3609145 4343290 50759 63342 5228326 6083848 191675 338904 335884 566008 192948 506327 452069 1033886 1549929 X 3005490 3437185 725817 633601 463133 463133 4194440 4533919 5228326 6083848 X 427542 -88063 X 0 1 1 X 0 X 1776547 1748703 1944452 2312467 2415037 10197206 5043832 4772687 5612904 6401536 6247052 28078011 6820379 6521390 7557356 8714003 8662089 38275217 618823 371094 422365 982192 194429 2588903 214900 166250 144000 170000 226269 921419 833723 537344 566365 1152192 420698 3510322 34764895 32307 4373 62 575 405 37722 32307 4373 62 575 405 37722 298238 475922 1271680 1713739 456387 4215966 7150924 7001685 8829098 10428317 9118881 42528905 0.81740 0.83190 0.00090 0.00210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 613019 -1951 611068 613019 613019 149886 463133 613019 0.75790 0.24210 0 0 215000 215000 9443050 6674467 2768583 2868090 2025454 842636 517071 517071 4343290 ACCRUED PAYROLL 149321 ACCRUED WELLNESS DAYS 42477 ACCRUED LOSS ON SUBLEASE 50994 CAPITAL LEASE 52389 OTHER LIABILITIES 156888 452069 8776660 8349118 427542 -88063 -88063 339479 9588819 174814 174814 9414005 -637345 -637345 8776660 9161277 174814 637345 812159 8349118 0 8349118 PART III, LINE 1A: THE COSTS OF PURCHASING OR COLLECTING LIVE ANIMALS AND PLANTS ARE EXPENSED AS INCURRED. DONATED SPECIMENS ARE NOT VALUED AND, THEREFORE, ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. THERE WERE NO PROCEEDS RECEIVED RELATED TO NON-CAPITALIZATION COLLECTION ITEMS DURING THE YEAR ENDED MARCH 31, 2012. PART III, LINE 4: THE ORGANIZATION MAINTAINS FISH, ANIMAL, AND PLANT WILD LIFE FOR THE EDUCATION AND APPRECIATION OF THE GENERAL PUBLIC. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE AQUARIUM'S ENDOWMENT CONSISTS OF ONE ENDOWMENT ESTABLISHED BY THE DONOR DURING THE YEAR ENDED DECEMBER 31, 2010. THE FUND'S ONLY ASSET IS CURRENTLY AN UNRESTRICTED PROMISE TO GIVE THAT IS COLLECTIBLE IN FUTURE PERIODS. AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, THE NET ASSETS ASSOCIATED WITH THE ENDOWMENT ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: EVENT EXPENSES -167,407. SUBLEASED PROPERTY RENT & MAINTENANCE COSTS -378,766. LOSS ON DISPOSAL -6,172. LOSS ON IMPAIRMENT -85,000. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSES 167,407. SUBLEASED PROPERTY RENT & MAINTENANCE COSTS 378,766. LOSS ON DISPOSAL 6,172. LOSS ON IMPAIRMENT 85,000. ESA GALA 153913 108288 45625 130538 SEALIFE BY STARLIGHT 54533 54533 30279 1 12775 12775 6590 221221 108288 112933 167407 167407 -54474 X X 0 0 0 0 0 0 0 0 0 KEVIN MILLS 228950 0 0 0 0 0 2290 0 9935 0 241175 0 0 0 ATLANTIC COASTAL POOLS MATT MERTZ, SCA EMPLOYEE, IS THE OWNER 5030 AQUATIC SUPPLIES 0 LS3P ASSOCIATES THOMPSON PENNEY, SCA BOARD MEMBER, IS THE PRESIDENT/CEO 3206 ARCHITECTURAL SERVICES 0 X 1 12151 FAIR MARKET VALUE X EQUIPMENT 7 206078 FAIR MARKET VALUE X CATERED FOOD 4 9290 FAIR MARKET VALUE X EVENT GOODS 3 6582 FAIR MARKET VALUE X OTHER 5 4831 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT 990 IS EMAILED TO ALL BOARD MEMBERS AFTER MANAGEMENT HAS COMPLETED THEIR REVIEW. THE BOARD IS PROVIDED A REASONABLE TIME TO COMMENT; UPON COMPLETION OF THIS TIME PERIOD, MANAGEMENT ISSUES THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C AS PART OF NEW BOARD MEMBER ORIENTATION, THE AQUARIUM BRIEFS THE MEMBER REGARDING ITS CONFLICT OF INTEREST POLICY. THE ORGANIZATION IS TRANSPARENT IN ITS TRANSACTIONS AND SEEKS TO AVOID SUCH TRANSACTIONS IF POSSIBLE WITH OFFICERS, DIRECTORS, KEY EMPLOYEES AND RELATED FAMILY MEMBERS. THE BOARD CHAIR DISCUSSES THE POLICY ANNUALLY WITH ALL MEMBERS AND PROVIDES MANAGEMENT AND ALL BOARD MEMBERS THE DIRECTIVE TO DISCUSS SUCH POTENTIAL TRANSACTIONS PRIOR TO THEIR EXECUTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS SET BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE BOARD OF TRUSTEES. THE CFO ESTABLISHES THE ANNUAL BUDGET AND REVIEWS ALL EMPLOYEE AND OFFICER SALARIES WITH THE CEO AND DIRECTOR OF HUMAN RESOURCES. THE SALARY BUDGET IS THEN REVIEWED BY THE BOARD TREASURER AND THE FINANCE AND AUDIT COMMITTEE. ONCE APPROVED, THIS BUDGET, WITH SALARIES, IS SENT TO THE BOARD OF TRUSTEES FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: -88,063.