TOTAL REVENUE - FISCAL 2025
$5,923,775
Up 18.3% from $5,007,809 in fiscal 2024.
Virginia Aquarium & Marine Science Center Foundation Inc
Virginia Beach, Virginia - EIN 52-1272309 - Latest filing: fiscal 2025 (Jul 1, 2024 - Jun 30, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 7, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 7, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Virginia Aquarium & Marine Science Center Foundation Inc reported $5,923,775 in revenue and $4,292,046 in expenses in fiscal 2025, a surplus of $1,631,729 for the year. Program services took $3,269,172 of expenses, or 76.2%. The organization closed the year with $38,416,926 in net assets - about 107.4 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$4,292,046
Revenue minus expenses: $1,631,729 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
76.2%
$3,269,172 of $4,292,046 went to program services.
NET ASSETS - END OF FISCAL 2025
$38,416,926
Total assets $38,919,913 minus total liabilities $502,987.
PEOPLE REPORTED - FISCAL 2025
0 Employees
Plus 1,014 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 7, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.11 - $339,736 in fundraising expenses divided by $2,989,364 in total contributions.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $2,989,364 |
| Fundraising Events | $195,566 |
| Government Grants | $813,163 |
| All Other Contributions | $1,980,635 |
| Program Service Revenue | $1,421,243 |
| Investment Income | $691,356 |
| Other Revenue | $821,812 |
| Total Revenue (All Sources) | $5,923,775 |
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
107.4 Months
of reserves - $38,416,926 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $357,670 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $38,919,913 |
| Total Liabilities | $502,987 |
| Liabilities as Share of Assets | 1.3% |
| Net Assets | $38,416,926 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 7, 2026.
No compensation was reported for any officer, director, trustee or key employee on the fiscal-2025 Form 990. Everyone named on the filing served without pay from the organization, as reported.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed May 7, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
23 voting members, 23 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Buffy Barefoot | Treasurer |
| Carolyn Robertson | Chair Of Mission & Advocacy Committee |
| Daniel R Peterson | Chair |
| Delceno C Miles | Past Chair |
| Robert C Fort | Secretary |
| Stephen M Snyder | Officer At Large |
| Thomas M McNicholas III | Vice Chair Of Mission & Advocacy Committee |
| Walter D Worrall | Chair Of Development & Governance Committee |
| Andrew W Vakos | Board Member/director |
| Barbara Ciara | Board Member/director |
| Chris W Rusbuldt | BOARD MEMBER/DIRECTOR (as of 7/1/2024) |
| D Nathan Johnson | Board Member/director |
| Emily Maccartney | Board Member/director |
| Jay G Kenslow | Board Member/director |
| John E Uhrin | Board Member/director |
| Mark Dreyfus | Board Member/director |
| Michelle Collins | Board Member/director |
| Nancy Deford | Board Member/director |
| Scott D Miller | Board Member/director |
| Sherri L Miles | Board Member/director |
| Suzanne Kern | Board Member/director |
| Troy A Lindsey | Board Member/director |
| William C Trey Oglesby III | Board Member/director |
| Cynthia Whitbred-Spanoulis | President & CEO |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence23 voting / 23 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $40,500 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| Monterey Bay Aquarium Foundation Aquarium Conservation Partnership Contribution | $10,000 |
| OdySea Aquarium Foundation AZA Sea Turtle SAFE Program Support | $7,500 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $5,007,809 | - |
| Fiscal 2025 | $5,923,775 | +18.3% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jul 1, 2024 - Jun 30, 2025 | Form 990 | In Force - Filed May 7, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.