2011-05-16T17:07:24-05:00 2010-12-31 GLASERDUNCAN CPAS 1040 ANNA KNAPP BLVD MOUNT PLEASANT SC 29464 990 2010-01-01 570961897 SOUTH CAROLINA AQUARIUM SOUT 8437201990 100 AQUARIUM WHARF CHARLESTON SC 294016300 JOHN L HIGGINS 8437201990 2011-05-17 1 ERIK M GLASER CPA 8438490655 2010 2016-03-07 17:11:31Z JOHN L HIGGINS 100 AQUARIUM WHARF CHARLESTON SC 294016300 10860033 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 35 138 332 0 0 1548801 2305408 5331833 5456373 -2055 1821 1852507 2518952 8731086 10282554 0 0 0 0 3500243 4104275 0 0 377133 3503607 3389254 7003850 7493529 1727236 2789025 5553974 5446816 3819593 923410 1734381 4523406 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 1431397 FACILITIES PROGRAM SERVICES INCLUDE ALL COSTS ASSOCIATED WITH THE MAINTENANCE AND OPERATION OF THE AQUARIUM FACILITY, EXHIBITS, AND ANIMAL LIFE SUPPORT SYSTEMS. 1259004 HUSBANDRY PROGRAM SERVICES ARE DESIGNED TO CONTINUOUSLY COLLECT AND MAINTAIN ANIMALS FOR THE EXHIBITS THAT ARE DISPLAYED IN THE AQUARIUM FACILITIES. 1208817 EXTERNAL AFFAIRS PROGRAM SERVICES INCLUDE MEDIA AND COMMUNITYRELATIONS, SPECIAL EVENTS, AND GROUP SALES. 1715304 GUEST PROGRAM SERVICES INCLUDE ADMISSIONS, SECURITY STAFF AND ENVIRONMENTAL SERVICES.EDUCATION PROGRAM SERVICES DESIGN & IMPLEMENT THE COMPLETE EDUCATION MASTER PLAN THAT WAS PUT IN PLACE UPON THE OPENING OF THE NEW AQUARIUM FACILITY IN 2000. THE DEPARTMENT ALSO MANAGES A VOLUNTEER TASK FORCE.MEMBERSHIP PROGRAM SERVICES INCLUDE THE DEVELOPMENT AND OPERATION OF THE AQUARIUM'S MEMBERSHIP PROGRAM. 1715304 5614522 1 1 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 43 0 1 138 1 0 0 0 0 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 JOHN L HIGGINS 8437201990 100 AQUARIUM WHARF CHARLESTON SC 294016300 HILTON C SMITH JR 2.00 X X 0 0 0 ROBERT R MACDONALD 2.00 X X 0 0 0 SHEILA HODGES 2.00 X X 0 0 0 J DONALD HIGGINS 4.00 X X 0 0 0 NICKY BLUESTEIN 2.00 X X 0 0 0 WILLIAM LAMAR BAEHR 1.00 X 0 0 0 RANDY BYERLY 1.00 X 0 0 0 JILL SIEGAL CHALSTY 1.00 X 0 0 0 JOHN DANAHY 1.00 X 0 0 0 STEPHANIE EAMES 1.00 X 0 0 0 GREGORY L FRANK 1.00 X 0 0 0 BRYSON GEER 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 HARRY HUGE 1.00 X 0 0 0 KATE JEROME 1.00 X 0 0 0 WILBUR E JOHNSON 1.00 X 0 0 0 H D LARABEE 1.00 X 0 0 0 EDWARD LEGASEY 1.00 X 0 0 0 LAURA DAVIES MATEO 1.00 X 0 0 0 JOHN JACK M MITCHELL 1.00 X 0 0 0 MARY ALICE MONROE 1.00 X 0 0 0 VICTOR SAMRA JR 4.00 X 0 0 0 H DEL SCHUTTE 1.00 X 0 0 0 KENNETH SEEGER 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 STEPHANIE SMITH-PHILLIPS MD 1.00 X 0 0 0 LAWRENCE O THOMPSON 1.00 X 0 0 0 TEDDY TURNER 1.00 X 0 0 0 DIXON WOODWARD 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 JAMES FERGUSON 0.00 X 0 0 0 PAT CONROY 0.00 X 0 0 0 WILLIAM A FINN 0.00 X 0 0 0 PEATSY HOLLINGS 0.00 X 0 0 0 LAYTON MCCURDY MD 0.00 X 0 0 0 THE HONORABLE ROBERT E MCNAIR 0.00 X 0 0 0 THE HONORABLE RICHARD W RILEY 0.00 X 0 0 0 THEODORE S STERN 0.00 X 0 0 0 W WILLIAM YOUNGBLOOD ESQ 0.00 X 0 0 0 JERRY ZUCKER 0.00 X 0 0 0 KEVIN MILLS 40.00 X 215121 0 11519 JOHN L HIGGINS 40.00 X 111753 0 4430 KEVIN KAMPWERTH 40.00 X 103200 0 260 430074 0 16209 3 0 1 0 0 199589 79534 2026285 89443 2305408 ADMISSIONS 4546186 4546186 MEMBERSHIPS 703943 703943 SPONSORSHIPS 206244 206244 5456373 575 575 333946 366206 -32260 -32260 -32260 74484 73238 1246 1246 1246 120050 199589 138035 -17985 -17985 DEBT RESTRUCTURING & F 1687829 1687829 CONCESSIONS 458201 458201 GIFT SHOP REVENUE 366912 366912 56255 56255 2569197 10282554 6281486 0 1695660 342823 263499 79324 3066129 2382203 486727 197199 40988 32642 4612 3734 404890 279047 92781 33062 249445 175133 54279 20033 4994 4994 15461 15461 115349 68439 46910 508915 508915 404275 205051 182695 16529 63988 428 63560 815735 809063 6672 48841 38634 9086 1121 7372 6266 1032 74 528863 449533 74041 5289 128674 128674 REPAIRS & MAINTENANCE 143396 143396 PENGUIN PLANET EXHIBIT 121332 121332 SPECIMEN FOOD & SUPPLIE 90116 90116 MEMBER PROGRAMS 61114 61114 MISCELLANEOUS 60107 63450 -9748 6405 270722 179760 76599 14363 7493529 5614522 1501874 377133 X 13600 13880 458791 635401 930261 861393 157997 185977 120794 117549 12199311 8917403 3324887 3281908 247644 50708 300000 300000 5553974 5446816 170446 184028 1093332 330787 2139900 415915 408595 3819593 923410 X 1354061 3334456 380320 725817 463133 1734381 4523406 5553974 5446816 2789025 X 0 1 1 X 0 X 1828547 1776547 1748703 1944452 2312467 9610716 4733110 5043832 4772687 5612904 6401536 26564069 6561657 6820379 6521390 7557356 8714003 36174785 355881 618823 371094 185115 922192 2453105 0 355881 618823 371094 185115 922192 2453105 33721680 47967 32307 4373 62 575 85284 47967 32307 4373 62 575 85284 514961 298238 475922 1271680 1713739 4274540 7124585 7150924 7001685 8829098 10428317 40534609 0.83190 0.86580 0.00210 0.00280 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: GAIN (LOSS) ON SUBLEASE DEBT RESTRUCTURING OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 149886 463133 613019 147935 1951 149886 0.00000 0.75550 0.24450 0 0 9135477 6759621 2375856 2916194 2157782 758412 147640 147640 3281908 DONATED LAND 300000 F 300000 ACCRUED PAYROLL 71071 ACCRUED COMPENSATION ABSENCES 29556 ACCRUED LOSS ON SUBLEASE 131589 CAPITAL LEASE 67823 OTHER LIABILITIES 108556 408595 10282554 7493529 2789025 0 2789025 10767163 7059 7059 10760104 -477550 -477550 10282554 7978138 7059 477550 484609 7493529 0 7493529 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 DECEMBER 31, 2010. 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 AQUARIUMS ENDOWMENT CONSISTS OF ONE ENDOWMENT ESTABLISHED BY THE DONOR DURING THE YEAR ENDED DECEMBER 31, 2010. THE FUNDS ONLY ASSET IS CURRENTLY AN UNRESTRICTED PROMISE TO GIVE THAT IS COLLECTIBLE IN FUTURE PERIODS. CURRENTLY, THE ENDOWMENTS ASSETS ARE COMPRISED FOR UNCONDITIONAL PROMISES TO GIVE. ONCE THESE PROMISES ARE RECEIVED, THEY WILL BE INVESTED IN ACCORDANCE WITH THE AQUARIUMS INVESTMENT POLICY. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL -1,093. DONATED SUPPLIES 27,784. EVENT EXPENSES -138,035. SUBLEASED PROPERTY RENT & MAINTENANCE COSTS -366,206. PART XIII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL 1,093. DONATED SUPPLIES -27,784. EVENT EXPENSES 138,035. SUBLEASED PROPERTY RENT & MAINTENANCE COSTS 366,206. ENVIRONMENTAL STEWARDSHIP GALA 265811 145761 120050 106119 SEALIFE BY STARLIGHT 45790 45790 28953 1 8038 8038 2963 319639 199589 120050 138035 138035 -17985 1 X X 0 0 0 0 0 0 0 0 0 KEVIN MILLS 212121 0 3000 0 0 0 2151 0 9368 0 226640 0 0 0 X 1 5333 FAIR MARKET VALUE X 1 10000 FAIR MARKET VALUE X ADVERTISEMENTS 9 24107 FAIR MARKET VALUE X BOAT DOCKAGE 1 2975 FAIR MARKET VALUE X EQUIPMENT 7 43815 FAIR MARKET VALUE X OTHER MISC 3 3213 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT 990 IS EMAILED TO ALL OF THE 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.