Georgia Aquarium Inc

Analysis

Georgia Aquarium Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 2001, 25 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 2023, Georgia Aquarium Inc reported income of $154.0m and spending of $115.0m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $102.5m to $154.0m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 88% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Georgia Aquarium Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Massachusetts Society for the Prevention of Cruelty to Animals ($120.3m), Monterey Bay Aquarium Foundation ($155.9m) and Zoological Society of Cincinnati ($119.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $5.7m (4.9% of expenses). Other salaries and wages came to $29.5m. At year end it held assets of $586.6m against liabilities of $160.6m, net assets of $426.1m. It reported 862 employees.