Texas State Aquarium Association

Analysis

Texas State Aquarium Association is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in April 1970, 56 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Texas State Aquarium Association reported income of $22.9m and spending of $16.7m, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $20.4m to $22.9m (+12%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 136%. Over the whole period it spent 71% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Texas State Aquarium Association sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include San Francisco Zoological Society ($22.5m), Espanola Valley Humane Society ($23.9m) and Knoxville Zoological Gardens Inc ($22.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 20% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $955k (5.7% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $94.5m against liabilities of $8.0m, net assets of $86.5m. It reported 271 employees.