2026-05-07T13:30:42+00:00 2025-06-30 135381590 BDO USA 300 E MAIN STREET STE 1300 NORFOLK VA 23510 990 2024-07-01 521272309 VIRGINIA AQUARIUM & MARINE SCIENCE CENTER FOUNDATION INC VIRG 7573850280 717 GENERAL BOOTH BOULEVARD VIRGINIA BEACH VA 23451 Daniel Peterson CHAIRPERSON 7573850340 2026-05-07 true true TODD TERESCO P00247720 7576407190 2026-05-07 2024 2025-03-06 01:10:19Z CYNTHIA WHITBRED-SPANOULIS 717 GENERAL BOOTH BOULEVARD VIRGINIA BEACH VA 23451 9385585 false X WWW.VIRGINIAAQUARIUM.COM X 1981 VA TO INSPIRE CONSERVATION OF THE MARINE ENVIRONMENT THROUGH EDUCATION, RESEARCH AND SUSTAINABLE PRACTICES. 23 23 0 1014 0 2278989 2989364 1370509 1421243 503617 691356 854694 821812 5007809 5923775 76500 40500 0 0 929895 912534 0 78607 339736 2773002 3260405 3779397 4292046 1228412 1631729 36560746 38919913 380719 502987 36180027 38416926 TO CONNECT PEOPLE TO THE MARINE ENVIRONMENT, INSPIRING A MORE SUSTAINABLE FUTURE. WE ASPIRE TO BE A DRIVER IN CONSERVATION, EDUCATION, TOURISM, AND SUSTAINABILITY, LEADING THE CHARGE TO SAVE WILDLIFE AND THEIR ECOSYSTEMS. false false 1165031 40500 1262571 PROGRAM REVENUE- 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. 877292 0 158672 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. 1226849 0 0 EXHIBITS- TO PRODUCE ENGAGING, IMMERSIVE EXHIBITS IN ORDER TO INSPIRE CONSERVATION ACTIONS BY CREATING EMOTIONAL CONNECTIONS BETWEEN GUESTS AND THE ANIMAL POPULATION AND ENHANCE UNDERSTANDING OF MARINE SCIENCE THROUGH HANDS-ON EXPLORATION. 3269172 true true false false false false false true false true true false false false false true true false false false false false false true true false false true true false false false false false false false false false false false false false false false false false false false false false true 21 0 true 0 false false false false true true true true false false false false false false X 23 23 false false false false false false false true true false false false true true true true true true false false false false VA X CYNTHIA WHITBRED-SPANOULIS 7573850340 717 GENERAL BOOTH BOULEVARD VIRGINIA BEACH VA 23451 X BUFFY BAREFOOT TREASURER 2.0 0.0 X X 0 0 0 CAROLYN ROBERTSON CHAIR OF MISSION & ADVOCACY COMMITTEE 2.0 0.0 X X 0 0 0 DANIEL R PETERSON CHAIR 2.0 0.0 X X 0 0 0 DELCENO C MILES PAST CHAIR 2.0 0.0 X X 0 0 0 ROBERT C FORT SECRETARY 2.0 0.0 X X 0 0 0 STEPHEN M SNYDER OFFICER AT LARGE 2.0 0.0 X X 0 0 0 THOMAS M MCNICHOLAS III VICE CHAIR OF MISSION & ADVOCACY COMMITTEE 2.0 0.0 X X 0 0 0 WALTER D WORRALL CHAIR OF DEVELOPMENT & GOVERNANCE COMMITTEE 2.0 0.0 X X 0 0 0 ANDREW W VAKOS BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 BARBARA CIARA BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 CHRIS W RUSBULDT BOARD MEMBER/DIRECTOR (as of 7/1/2024) 0.2 0.0 X 0 0 0 D NATHAN JOHNSON BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 EMILY MACCARTNEY BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 JAY G KENSLOW BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 JOHN E UHRIN BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 MARK DREYFUS BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 MICHELLE COLLINS BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 NANCY DEFORD BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 SCOTT D MILLER BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 SHERRI L MILES BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 SUZANNE KERN BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 TROY A LINDSEY BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 WILLIAM C TREY OGLESBY III BOARD MEMBER/DIRECTOR 0.2 0.0 X 0 0 0 CYNTHIA WHITBRED-SPANOULIS PRESIDENT & CEO 4.0 0.0 X 0 0 0 0 0 0 0 false false false CITY OF VIRGINIA BEACH 2401 COURTHOUSE DRIVE VIRGINIA BEACH VA 23456 PROGRAM SERVICES & PERSONNEL 1117474 ROVER DOLPHIN TOURS PO BOX 2363 NORFOLK VA 23514 TOUR BOAT SERVICES 485348 IMAGINE EXHIBITIONS INC 2870 PEACHTREE RD 418 ATLANTA GA 30305 TRAVELING EXHIBITIONS 247500 ABACUS CORPORATION PO BOX 6312 HERMITAGE PA 16148 CONTRACTED LABOR 225322 ANIMAL UNDERWATER SERVICES LLC PO BOX 001 BAY HEAD NJ 08742 EXHIBIT INSPECTIONS 122800 5 195566 813163 1980635 2989364 PROGRAM REVENUE 900099 1262571 1262571 0 0 RESEARCH AND CONSERVATION 900099 158672 158672 0 0 0 0 0 0 1421243 390925 0 0 390925 103446 103446 0 103446 0 0 103446 3661810 3357421 3958 304389 -3958 300431 0 0 300431 89060 195566 100431 -11371 0 -11371 CONCESSIONS 900099 729737 0 0 729737 0 0 0 0 729737 5923775 1421243 0 1513168 17500 17500 23000 23000 0 0 638915 382291 157362 99262 227376 144021 51782 31573 46243 27902 10975 7366 78607 78607 104441 0 104441 0 73557 15864 57693 0 32552 3694 28784 74 42306 19048 4689 18569 8558 8558 0 0 16890 15146 1744 0 11511 4619 6892 0 12230 275 11856 99 1004371 966084 37651 636 36837 31912 4925 0 CONTRACTUAL SERVICES 1387657 1159635 131112 96910 TEMPORARARY LABOR 211891 179958 31933 0 PROFESSIONAL DEVELOPMENT 105127 82761 22366 0 SUPPLIES 72928 70642 2286 0 139549 116262 16647 6640 4292046 3269172 683138 339736 8284896 7759838 419362 365104 359612 411223 0 0 0 0 326750 163407 27099671 10328190 17643829 16771481 9526297 13448860 0 0 0 0 36560746 38919913 306700 412456 74019 90531 0 0 0 0 380719 502987 X 30688912 32628097 5491115 5788829 36180027 38416926 36560746 38919913 1631729 605170 0 X false true true false X 1662505 1915002 1893071 2278989 2989364 10738931 0 0 1662505 1915002 1893071 2278989 2989364 10738931 1776408 8962523 107131 174028 272004 287009 494371 1334543 0 0 0 0 0 0 749735 851591 743570 729237 729737 3803870 15877344 6096439 0.56449 0.55680 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 2933.0, COLUMN B - 5718.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 8651.0; DESCRIPTION - CONCESSIONS, COLUMN A - 746802.0, COLUMN B - 839641.0, COLUMN C - 743570.0, COLUMN D - 729237.0, COLUMN E - 729737.0, COLUMN F - 3788987.0; DESCRIPTION - OTHER EVENT REVENUE, COLUMN A - 0.0, COLUMN B - 6232.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 6232.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X false 4252163 1339685 477504 159715 5909637 3909062 13206 456106 126211 4252163 3632344 141149 284235 148666 3909062 4069896 129466 -567018 3632344 3300832 154931 762799 148666 4069896 0.4206 0.4074 0.172 false false 221614 103988 117626 26878057 10224202 16653855 16771481 0 X 7826795 605170 1398333 0 2003503 5823292 104441 -3958 100483 5923775 5589896 1398333 0 1398333 4191563 104441 -3958 100483 4292046 Schedule D, Part III, Line 1a Collections of art - financial statement footnote 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 COST OF COLLECTION ITEMS PURCHASED BY THE FOUNDATION IS REPORTED IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AS COLLECTIONS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT DEACCESSION THEIR MARINE ANIMAL COLLECTION. Schedule D, Part III, Line 4 Collections of art - description of collections THE CITY OF VIRGINIA BEACH OWNS AND OPERATES THE VIRGINIA AQUARIUM INFRASTRUCTURE AND FACILITIES. THE VIRGINIA AQUARIUM & MARINE SCIENCE CENTER FOUNDATION, INC. OWNS THE AQUARIUM EXHIBITS, CONDUCTS EDUCATIONAL PROGRAMS, DIRECTS RESEARCH AND CONSERVATION EFFORTS, AND CONDUCTS FUNDRAISING ACTIVITIES FOR THE AQUARIUM. FINANCIAL RESULTS FROM THE AQUARIUM FUNDS 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 THE 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. THE ANIMAL POPULATION 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. THE ASSOCIATION OF ZOOS AND AQUARIUMS-SANCTIONED BREEDING PROGRAMS FOR ENDANGERED SPECIES, SUCH AS TOMISTOMA CROCODILES, AND ENABLES STAFF TO CONDUCT IMPORTANT RESEARCH FOR INTERNATIONAL CONSERVATION. Schedule D, Part V, Line 4 Intended uses of endowment funds Endowment funds are intended to provide long-term financial stability by generating investment income to support the organization's mission, programs, and strategic initiatives. Principal is preserved, and only a portion of earnings is spent annually per the organization's spending policy. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOUNDATION IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. EXEMPT ORGANIZATIONS ARE SUBJECT TO TAX ON INCOME FROM REGULARLY CONDUCTED TRADE OR BUSINESS ACTIVITIES THAT ARE NOT SUBSTANTIALLY RELATED TO THE ORGANIZATION'S EXEMPT PURPOSE. RETURNS ARE GENERALLY SUBJECT TO EXAMINATIONS FOR THREE YEARS FROM THE DATE FILED. THIS PERIOD OF LIMITATIONS HAS EXPIRED FOR RETURNS FILED FOR TAX YEARS PRIOR TO 2021. MANAGEMENT CONTINUALLY EVALUATES TAX POSITIONS REFLECTED IN THE FOUNDATION'S TAX FILINGS AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements LOSS ON DISPOSITION OF DEPRECIABLE ASSETS - -3958 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements LOSS ON DISPOSITION OF DEPRECIABLE ASSETS - -3958 X X X X X X X true THE CURTIS GROUP 2512 SHEPERDS LN VIRGINIA BEACH VA 23454 REVIEW OF FUNDRAISING MATERIALS, CALENDAR, AND STRATEGIES. RECOMMEND FUNDRAISING STRATEGIES, MESSAGING, AND PROVIDE COUNSEL ON FUNDRAISING MATERIALS AND MARKETING. FACILITATE ORGANIZATION'S FUNDRAISING STAFF MEETINGS TO KEEP ACTION ITEMS ON TRACK AND PROVIDE GUIDANCE AS NEEDED. false 0 78607 -78607 0 78607 -78607 VA OCEAN COMMOTION 139042 107196 31846 0 0 28939 22974 4950 12078 GOLF CLASSIC 94966 88370 6596 0 15980 8404 3173 0 3933 2 50618 50618 284626 195566 89060 0 15980 37343 26147 4950 16011 100431 -11371 Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement. THE CURTIS GROUP-THE ORGANIZATION MAINTAINS FULL CUSTODY AND CONTROL OF ALL FUNDS. PROFESSIONAL FUNDRAISER DOES NOT DEPOSIT, USE, OR DIRECT THE USE OF ANY FUNDS.; Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses THE CURTIS GROUP-THE AGREEMENT DOES NOT INCLUDE ANY PAYMENT OF FUNDRAISING EXPENSES. ALL FUNDRAISING EXPENSES ARE PAID DIRECTLY BY THE ORGANIZATION. ALL PAYMENTS ARE FOR PROFESSIONAL FUNDRAISING FEES.; false Monterey Bay Aquarium Foundation 886 Cannery Row Monterey CA 93940 942487469 501(c)(3) 10000 Aquarium Conservation Partnership Contribution OdySea Aquarium Foundation 9500 E Via De Ventura Scottsdale AZ 85256 465722865 501(c)(3) 7500 AZA Sea Turtle SAFE Program Support 2 0 SCHOLARSHIPS 7 23000 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE VIRGINIA AQUARIUM REVIEWS THE RECIPIENT'S ANNUAL REPORT. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS, REVIEWED IN DETAIL BY THE CHIEF FINANCIAL OFFICER AND THE BOARD OF TRUSTEES, AND SIGNED BY THE EXECUTIVE DIRECTOR. Form 990, Part VI, Line 12c Conflict of interest policy OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO SIGN ANNUAL STATEMENTS TO DISCLOSE POSSIBLE CONFLICTS OF INTERESTS. SHOULD ANY TRUSTEE BECOME AWARE OF ANY CONFLICT OR DUALITY OF INTEREST ON THE TRUSTEE'S PART OR ON THE PART OF ANY MEMBER OF THE TRUSTEE'S IMMEDIATE FAMILY, THAT INTEREST SHALL BE PROMPTLY DISCOLOSED TO THE OTHER TRUSTEEES AND MADE A MATTER OF RECORD. WHEN ANY SUCH CONFLICT BECOMES RELEVANT TO ANY MATTER REQUIRING BOARD OR COMMITTEE ACTION, IT SHALL BE CALLED TO THE ATTENTION OF THE BOARD OR COMMITTEE AND THE TRUSTEE HAVING THE CONFLICT OR DUALITY OF INTEREST SHALL NEITHER VOTE NOR PARTICIPATE IN THE DISCUSSION OF THE MATTER IN WHICH SUCH TRUSTEE OR A MEMBER OF SUCH TRUSTEE'S IMMEDIATE FAMILY HAS AN INTEREST; AND SUCH TRUSTEE SHALL NOT USE ANY FORM OF PERSONAL INFLUENCE IN CONNECTION THEREWITH. HOWEVER, IF SUCH TRUSTEE'S KNOWLEDGE OF THE MATTER WILL ASSIST THE BOARD OR COMMITTEE THE TRUSTEE MAY PLACE ON THE RECORD SUCH TRUSTEE'S POSITION IN THE MATTER AND ANSWER ANY PERTINENT QUESTIONS OF OTHER TRUSTEES OR COMMITTEE MEMBERS. THE MINUTES SHALL REFLECT THAT SUCH A DISCLOSURE WAS MADE AND THAT THE INTERESTED TRUSTEE ABSTAINED FROM VOTING. THIS PROVISION SHALL ALSO APPLY TO ANY OTHER PERSON, OTHER THAN A TRUSTEE, WHO IS AT ANY TIME SERVING AS A MEMBER OF ANY COMMITTEE. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCOUMENTS, CONFLICT OF INTEREST POLICY, FORM 1023, ANNUAL FORM 990, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.