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Environment & Animals · 2023 Form 990

National Aquarium Inc: $55.6M Revenue, $54.1M Expenses

Baltimore, Maryland · EIN 521121163 · Filing year 2023

National Aquarium Inc reported $55.6M in total revenue, $54.1M in total expenses, and $108.9M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $2.1M (3.84% of revenue). NonprofitTruth efficiency grade: B (73/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
B
Efficiency Score
73/100

Key Facts (2023 Form 990)

Total Revenue
$55.6M
Total Expenses
$54.1M
Total Assets
$108.9M
Reserve Months
24.2 months
Surplus / (Deficit)
$1.6M
EIN
521121163
Latest 990 Year
2023
Current-Officer Compensation
$2.1M
Officer Comp % of Revenue
3.84%

The efficiency rubric puts National Aquarium Inc at a B grade: a composite of 73/100 that lands above the national midpoint. The grade reflects solid financial reserves alongside reasonable officer compensation and steady revenue.

National Aquarium Inc reported $55.6M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Financial health is a strength: National Aquarium Inc carries a healthy operating-reserve cushion against $54.1M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Five-year revenue has grown modestly. National Aquarium Inc is not expanding rapidly but is not shrinking either; the trajectory is consistent with stable donor and grant relationships. Compensation for current officers and key employees runs $2.1M against $55.6M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. National Aquarium Inc works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.


$55.6M
Revenue
$54.1M
Expenses
$108.9M
Total Assets
$2.1M
Officer Compensation

How National Aquarium Inc Compares

National Aquarium Inc earns a NonprofitTruth efficiency grade of B (73/100). That is 10 points above the Environment & Animals category average. Compensation for current officers and key employees represents 3.84% of total revenue. The organization holds 24.2 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$54.1M
Total Expenses
Filing year 2023
$2.1M
Officer Compensation
3.84% of revenue
24.2 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, National Aquarium Inc reported $55.6M in revenue against $54.1M in total functional expenses for filing year 2023, holding roughly 24.2 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $2.1M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 3.84% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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National Aquarium Inc has a NonprofitTruth Efficiency Score of B (73/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

National Aquarium Inc, Donor FAQ

National Aquarium Inc has a NonprofitTruth Efficiency Score of B (73/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

National Aquarium Inc reports $2.1M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 3.84% of the organization's $55.6M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

National Aquarium Inc reported $55.6M in annual revenue and $54.1M in total expenses for filing year 2023. The organization holds $108.9M in total assets.

National Aquarium Inc holds approximately 24.2 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.

National Aquarium Inc is a registered 501(c) organization with EIN 521121163, based in Baltimore, Maryland. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.