Seattle Aquarium Society-Seas

Analysis

Seattle Aquarium Society-Seas is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 1983, 43 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, Seattle Aquarium Society-Seas reported income of $53.3m and spending of $30.3m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $31.8m to $53.3m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 55% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Seattle Aquarium Society-Seas 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 99th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Rewild ($53.3m), Detroit Zoological Society ($54.3m) and Fort Worth Zoological Association Inc ($53.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $1.8m (5.9% of expenses). Other salaries and wages came to $14.0m. It paid $159k in professional fundraising fees. At year end it held assets of $173.1m against liabilities of $73.5m, net assets of $99.6m. It reported 303 employees.