2025-11-14T09:33:25-06:00 2024-12-31 591687531 PDR CPAS ADVISORS INC 4023 Tampa Road Suite 2000 Oldsmar FL 34677 990 2024-01-01 592086737 Clearwater Marine Aquarium Inc CLEA 7274411790 249 Windward Passage Clearwater FL 33767 Joe Handy CEO 7274411790 2025-11-14 1 1 Mary Brown P01892845 7277854447 2024 2025-03-06 01:10:19Z Joe Handy 249 Windward Passage Clearwater FL 337672244 24760351 0 X www.cmaaquarium.org X 1972 FL Rescue, rehab, release of marine life, environmental education, inspiration, research & conservation. 16 16 271 320 0 0 2795375 8800195 2045096 10881779 87278 282152 260070 2898550 5187819 22862676 0 0 0 0 2720019 10813234 0 0 890220 3880386 14437185 6600405 25250419 -1412586 -2387743 108867452 102243121 27339117 27851978 81528335 74391143 X We believe in preserving our environnment while inspiring the human spirit through leadership in the rescue, rehabilitation, and release of marine life, environmental education, research and conservation. 0 0 860991 1525547 Education:In FY 2024, Education Department hosted the Creepy Sea Cavern event as well as the Blizzard Bay event where we opened the Education floor to the public. The Education team taught guests about creepy sea creatures in the depths of the oceans or arctic animals and connected them back with our resident animals at Clearwater Marine Aquarium.For the summer of 2024, the department educated over 1,300 summer campers on marine conservation and stewardship in the R.O. Jacobson Education Center. The summer campers receive a hands-on, educational summer camp experience with lessons covering marine life and conservation. Students are then able to make real-world connections with the environment through offsite field trips, kayaking, and snorkeling adventures.For 2024, nearly 10,000 students and guests participated in educational programming onsite including new programming; such as, Junior Career Quest and Night at the Aquarium. In addition, the Aquarium continued to provide programming to long-standing program partners specializing in travel education.For the 11th year in a row, the "Trash to Toys" contest was conducted to celebrate Earth Day. Local Pinellas and Hillsborough County schools are invited to use trash found in their classroom to create an environmental enrichment device or toy for our resident dolphins. The winning class receives a virtual field trip for their classroom by a Clearwater Marine Aquarium educator.The education continued outside our four walls and into the community. The Education Department attended several events and festivals during 2024. Our educators also participated in the Great American Teach-In where we visited over 24 classrooms and engaged with over 1,300 students. In addition, over 27,000 guests were educated on the Aquarium's Eco-boat tours that discuss the marine environment in Clearwater Bay. 1378694 615833 Zoological Care:Clearwater Marine Aquarium's Zoological Care team had a landmark year focused on advancing animal welfare, expanding rehabilitation programs, and engaging the community through meaningful education and conservation initiatives.Animal Care specialists provided exceptional care across the collection, including developing a long-term treatment plan for Walle, a 13-year-old river otter facing mobility challenges, and successfully integrating Opie, a rescued otter, into Otter Oasis alongside Boomer and Walle. The team achieved annual revenue goals early through expanded guest programs such as Paint with a Dolphin and pelican encounters, pairing hands-on experiences with conservation messaging. Animal Care also advanced research initiatives in partnership with the National Marine Mammal Foundation to implement computerized cognitive enrichment for rough-toothed dolphins, aiming to improve welfare and contribute to marine mammal science.Rescue operations were a core focus, with CMA coordinating eight manatee rescues, transports, and releases, supporting stranding responses, and participating in a sperm whale necropsy. The Rescue team also advanced professional readiness through collaborations in Belize, Myakka State Park, and with Bishop Museum, while securing critical funding requests under the RESTORE Act and Prescott grants to sustain operations and upgrade rehabilitation infrastructure.The Manatee Rehabilitation Program reached a historic milestone with the opening of CMA's new rehabilitation center. The arrival of juvenile patients Yeti and Zamboni marked CMA's first active role in second-stage care, supported by a dedicated new Manatee Rehabilitation Manager, Tanya Ward. These achievements positioned CMA as a model facility for the Manatee Rescue & Rehabilitation Partnership and strengthened collaboration with USFWS and Zoo Tampa.The Aquatic Biology team enhanced guest engagement with innovative programs such as "Tortoise Treat Time and "Big Mouths, Little Appetites," while planning new conservation-focused exhibits including Project Piaba and an Atlantic octopus display. The year also tested CMA's preparedness through two major hurricanes. Guided by CMA's robust weather policy and dedicated ride-out team, all animals remained safe despite significant infrastructure impacts. Lessons learned are now shaping enhanced storm preparedness strategies.Finally, the team introduced the "Florida - Wild and Exotic" exhibit, featuring native and invasive species with ambassador animal programming, while continuing to advance a NOAA import permit for dolphins and sea lions to strengthen global animal welfare collaboration.Through rescue, rehabilitation, education, research, and conservation, the Zoological Care team reinforced CMA's mission to preserve the environment and inspire the human spirit while ensuring the highest standards of animal welfare. 1090206 140351 Animal Health:For fiscal year 2024, the animal health team released 39 sea turtles along with 392 sea turtle hatchlings, which included our very first leatherback hatchlings. In the fall, the hospital was significantly affected from Hurricane Helene which caused over almost four feet of water affecting the surgical suite, medical laboratory and rehabilitation pools. With the damage, the rehabilitation area closed temporarily for six weeks. Despite the challenges during the recovery, the veterinary team was able to continue to provide care for the 1100+ resident animals at CMA. 15640766 15640766 18970657 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 2 0 271 1 0 0 0 0 0 1 1 0 1 0 0 0 X 16 16 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 FL X Christina D Robinson CPA 7274411790 249 Windward Passage Clearwater FL 337672244 John Draheim Past Chair 1.00 X X 0 0 0 Eric Busch Chair 1.00 X X 0 0 0 Thomas R Orr Director 1.00 X 0 0 0 Frank Chivas Director 1.00 X 0 0 0 Rowland Milam Director 1.00 X 0 0 0 R Nathan Hightower Director 1.00 X 0 0 0 Colin Devine Director 1.00 X 0 0 0 Brian Stamey Director 1.00 X 0 0 0 Kathleen Perrott Vice Chair 1.00 X X 0 0 0 Bridget Starr Director 1.00 X 0 0 0 Marian Goodman Treasurer 1.00 X X 0 0 0 Matt Novak Director 1.00 X 0 0 0 Helen Barrott Director 1.00 X 0 0 0 Matt Marquardt Director 1.00 X 0 0 0 Michael Gerson Director 1.00 X 0 0 0 Katie Powell Director 1.00 X 0 0 0 James Powell CZO 40.00 X 201726 0 27775 Kelly Jordan VP, Development 40.00 X 153384 0 0 Joe Handy President & CEO 40.00 X 536024 0 49683 Anthony Rivera COO 40.00 X 222416 0 14773 Dorothy Gurdak VP, Sales & Marketing 40.00 X 129917 0 0 Stephanie Jones VP, People & Culture 40.00 X 130390 0 6500 Shelly Marquardt VP, Animal & Environmental Health 40.00 X 128223 0 19425 Kelly Martin VP, Zoological Care 40.00 X 121487 0 7800 Kelly McAdams VP, Conservation Education 40.00 X 126845 0 10425 Kathleen Mendoza VP, Finance 40.00 X 131279 0 7590 Ruth Rosario VP, Guest Experience & Engagement 40.00 X 129606 0 6475 2011297 0 150446 11 0 1 0 0 370561 6598622 1831012 56385 8800195 Guest Admissions 713110 8571595 8571595 Marine Life Income 711300 1372854 1372854 Education Income 611600 937330 937330 10881779 288880 288880 1462429 1469157 -6728 -6728 -6728 561133 291916 269217 269217 1003433 136602 866831 866831 Other Program Income 900099 1502079 1502079 Food Service Shop Income 713990 260423 260423 1762502 22862676 12644281 0 1418200 2011297 1116270 788428 106599 6666121 3699697 2613120 353304 231744 128618 90844 12282 1281841 711421 502482 67938 622231 364627 223381 34223 64871 30425 21018 13428 93700 20520 53784 19396 2006253 1402515 515278 88460 1283974 1278838 5136 14079 12467 1408 204 555046 552826 2220 94318 94318 1081384 1016353 61707 3324 227691 197864 22769 7058 167641 93041 65715 8885 1638864 1589698 49166 3500501 3395486 105015 880619 874014 6605 Supplies 1122893 781534 188646 152713 Repairs and Maintenance 1005575 972894 22625 10056 Merchant Processing Fee 335154 335154 Miscellaneous 322024 263739 53547 4738 42598 38338 4004 256 25250419 18970657 5389542 890220 1597516 341654 4426583 3318420 1639065 586050 611827 784617 361929 243321 650983 349005 114327362 21028234 90809416 93299128 151431 8618702 3320926 108867452 102243121 3701879 4999930 953639 1001387 22683599 21850661 27339117 27851978 X 77776031 70715018 3752304 3676125 81528335 74391143 108867452 102243121 X -2387743 217819 -4967268 X 0 1 X 1 1 1 X 12552467 5079239 498743 2795375 8800195 29726019 17398917 18498458 14948048 2045096 10881779 63772298 29951384 23577697 15446791 4840471 19681974 93498317 0 0 0 93498317 117713 134143 399306 52375 288880 992417 117713 134143 399306 52375 288880 992417 2463096 2650631 5113727 32532193 26362471 15846097 4892846 19970854 99604461 0.93870 0.92770 0.01000 0.01040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 144592 144592 0 Part II-B, Line 1: CMA hires an outside lobbyist to obtain additional grant funding. 2951272 11825 312051 107433 3167715 2676203 3753 271316 2951272 2472431 203772 2676203 3308516 30000 -866085 2472431 2799199 509317 3308516 1 0 5605291 5605291 99722886 16745756 82977130 6851261 3139911 3711350 2147924 1142567 1005357 93299128 X 23285736 217819 205241 423060 22862676 0 22862676 25455660 205241 205241 25250419 0 25250419 Part V, Line 4: The Organization's third-party endowments consist of two externally managed funds established for a variety of purposes. The endowments are both donor-restricted endowment funds. The funds are held by third-party trustees and therefore the Organization has no direct influence over the investment policy of either fund. The Organization classifies as permanently restricted net assets the original value of the gifts donated to the permanent endowments. As required by GAAP, net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. The Organization's policy is to appropriate interest and dividends received from these endowments for operations. Therefore, interest and dividend income is reported as unrestricted on both the combined statement of activities and statement of activities. The Board of Directors of the Organization has interpreted the Florida Uniform Prudent Management of Institutional Funds Act (FUPMIFA) as requiring the preservation of the fair value of the original gift as of the gift date of the donor-restricted endowment funds absent explicit donor stipulations to the contrary. As a result of this interpretation, the Organization classifies as permanently restricted net assets (a) the original value of gifts donated to the permanent endowment, (b) the original value of subsequent gifts to the permanent endowment and (c) accumulations to the permanent endowment made in accordance with the direction of the applicable donor gift instrument at the time the accumulation is added to the fund. All permanently restricted net assets consist of perpetual trusts held by third parties. For all endowment funds, the donors have stipulated that additional accumulation of funds above and beyond the permanent endowment are unrestricted as to purpose, however the Organization reports the accumulation of funds as temporarily restricted net assets until the funds are distributed by the trustees to the Organization and appropriated by the Board of Directors. Part X, Line 2: The Organization has been recognized by the Internal Revenue Service as a tax-exempt organization described in Section 501(c)(3) of the Internal Revenue Code of 1986 and has been classified as an organization that is not a private foundation under Section 509(a). The Organization accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The Organization has identified its tax status as a tax-exempt entity as its only significant tax position; however, the Organization has determined that such tax position does not result in an uncertainty requiring recognition. The Organization is not currently under examination by any taxing jurisdiction. The Organization's federal returns are generally open for examination for three years following the date filed. Part XI, Line 2d - Other Adjustments: Donated Boat Expense X X X X X X X FL Designer Bag Bingo 145829 145829 44896 Aqua Gala 339453 339453 68975 120853 2 75851 75851 57192 561133 561133 68975 222941 291916 269217 X 1 1 X X X X X X 0 1 0 1 0 1 0 0 0 Joe Handy President & CEO 466024 0 70000 0 0 0 0 0 49683 0 585707 0 0 0 Anthony Rivera COO 222416 0 0 0 0 0 0 0 14773 0 237189 0 0 0 James Powell CZO 201726 0 0 0 0 0 0 0 27775 0 229501 0 0 0 Kelly Jordan VP, Development 153384 0 0 0 0 0 0 0 0 0 153384 0 0 0 A Pinellas County Industrial Development Authority 596000800 2010-12-29 8600000 0 0 0 B Pinellas County Industrial Development Authority 596000800 2018-03-27 14941824 0 0 0 A 8600000 6238332 2361668 2013 0 1 1 1 B 14941824 12125990 50001 2020 0 0 0 1 A 0 0 0 0 1 0 0 0 0 B 0 0 0 0 1 0 0 0 0 A 0 B 0 X 39000 FMV of Items Donated X 1436 FMV of Land X Supplies 425 15949 FMV 0 1 1 Part I, Line 32b: CMA engaged the services of Action Donation Services(ADS) to solicit, process and sell contributions of vehicles and boats for the benefit of CMA. ADS retains 50% of net proceeds after expenses, and handles all paperwork including issuing tax documents to donors. CMA ended the relationship with ADS prior to 9/30/18. Form 990, Part VI, Section A, line 2 Matt Marquardt, BOD, is related to Shelly Marquardt, VP of Animal and Environmnetal Health. Form 990, Part VI, Section B, line 11b The organization will submit a draft of the 990 to the Board of Directors for review and discussion prior to filing. Form 990, Part VI, Section B, line 12c Any Board Member that has a potential conflict of interest, as defined in our Conflict of Interest statement, must bring it to the Board of Directors for review. The Board subsequently makes a determination on the issue. The conflict must be raised prior to any director voting on an issue for which they have a potential conflict. Form 990, Part VI, Section B, line 15 The Board of Directors of the Clearwater Marine Aquarium (CMA) is responsible for determining the compensation for its Chief Executive Officer (CEO), who is a member of the Board, and for compensating him based on his performance as compared to specific goals and objectives established for him by the Board of Directors. The By-laws of the CMA establish the Executive Committee of the Board of Directors as having responsibility for establishing criteria and objectives for CEO performance and annually evaluating and determining achievement of performance of the CEO and levels of incentive payouts for both qualitative and quantitative objectives. The Executive Committee periodically obtains and reviews market survey data commissioned from an independent consultant from which data is obtained for comparable positions at comparable charitable nonprofit organizations. In addition to this market survey data, the Executive Committee periodically reviews the Form 990's from comparable organizations to evaluate and determine the reasonableness of CMA's compensation for its CEO and senior level staff. The Executive Committee annually presents the recommended compensation, both salary and bonus, of the CEO to the full Board who approves the compensation. Form 990, Part VI, Section C, line 19 The Organization's audited financial statements are posted on its website and copies are provided upon written request. Form 990, Part XI, line 9: Closure of S2S - Net Assets Combined into CMA Financials -4,967,268. Sea to Shore Alliance Inc 249 Windward Passage Clearwater FL 33767 262568737 S2S works to protect threatened marine species & improve coastal environment FL 501(c)(3) Line 10 Clearwater Marine Aquarium Inc 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 Sea to Shore Alliance Inc O Cash