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Illinois · Nonprofit

SHEDD AQUARIUM SOCIETY

SHEDD AQUARIUM SOCIETY (Illinois) receives grants from 262 organizations whose IRS filings report $66,534,736 to it, the largest being SF FOUNDATION ($10,000,000). 181 of them have funded it in more than one year.

Revenue FY2024
$102M
Funders on record
262
Grants received
$67M
Net assets
$686M
181/262 repeat funderspeak grant-dependency 14%
01What it does

What Shedd Aquarium Society does

Mission

Shedd Aquarium's mission is to spark compassion, curiosity and conservation for the aquatic animal world. This is driven by the organization's vision of a world thriving with aquatic life sustained by people who love, understand and protect it.

As stated on its FY2024 Form 990.

Programs

  1. Conservation education: since Shedd aquarium opened our doors in 1930, Shedd has provided more than 121 million guests the opportunity to look nature in the eye through memorable experiences, while providing opportunities to learn about the animals in our care, and become inspired to make personal choices that drive action for animals. Shedd knows that when people experience aquatic animals up close, it motivates an emotional, empathetic response that shifts attitudes and fosters a personal responsibility for stewardship of local waters, global oceans, and wildlife. Shedd is committed to being one of Chicago's most accessible cultural institutions, offering Illinois resident free days throughout the year, free admission every day as the nation's first aquarium to join the museums for all program, an everyday discount for Chicago residents, students and senior citizens, and free admission for teachers, police and fire personnel, and active-duty military. Inside the aquarium walls, guests look nature in the eye through immersive exhibits, participatory programs facilitated by staff, and extraordinary experiences with animals behind the scenes. The aquarium also shares Shedd's…

    $34,604,249 spentof which $228,535 as grants$45,611,019 earned by the program
    62% of program spending
  2. Animal care: Shedd aquarium is home to one of the world's largest and most diverse aquatic collections over 30,000 representing about 1,200 species. A global leader in animal care, Shedd's welfare and husbandry programs support onsite research efforts that contribute to the growing scientific body of knowledge about those species in the wild. Shedd's veterinarians are aquatic medicine pioneers who are advancing the fields of preventative medicine, aging care, and conservation medicine while providing world-class care that further expands understanding of how to support healthy animal populations in aquariums and in the wild. Shedd's animal care expertise lends itself to crisis response around the world. Our animal care team frequently acts as a partner and advisor to international, federal, state, and local government agencies, rescue and rehabilitation organizations, and fellow accredited zoos and aquariums for confiscated, orphaned, or injured wildlife. Shedd's animal care team contributes to the sustainability of aquatic species through advancements in aquaculture, including populations of microscopic live foods, and cooperative management and breeding of critically endangered…

    $17,929,902 spentof which $191,773 as grants
    32% of program spending
  3. Conservation science and research: Shedd is located in Chicago, but its research is worldwide. Shedd is one of only 11 Centers for Species Survival, a designation of the International Union for the Conservation of Nature, (IUCN). Shedd's Center for Species Survival focuses on freshwater within the Great Lakes watershed and globally with a concentration in the Americas. Shedd's husbandry, veterinary, and conservation programs are grounded in research that supports healthy animals at Shedd and vibrant wild populations around the world. Shedd's conservation research programs work to protect biodiversity while supporting blue economies, and field researchers often work side-by-side with citizen scientists to conserve wildlife and habitats for future generations. The aquarium's oceanic work includes more than four decades of research on species such as rock iguanas, queen conch, lobster, sharks, and corals. Closer to home, Shedd's Great Lakes research focuses on wildlife and habitat conservation issues where the aquarium's applied studies support local communities and regional agencies in developing access to nature and sound management plans for the Great Lakes and Chicago River.…

    $3,301,889 spentof which $103,793 as grants
    6% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $55,836,040.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($61M) Expenses 100 ($59M) Net assets 100 ($391M)2018 Revenue 107 ($65M) Expenses 106 ($63M) Net assets 98 ($382M)2019 Revenue 121 ($74M) Expenses 103 ($61M) Net assets 111 ($434M)2020 Revenue 79 ($48M) Expenses 92 ($54M) Net assets 114 ($446M)2021 Revenue 299 ($183M) Expenses 94 ($56M) Net assets 142 ($555M)2022 Revenue 156 ($95M) Expenses 97 ($58M) Net assets 138 ($540M)2023 Revenue 152 ($93M) Expenses 113 ($67M) Net assets 156 ($611M)2024 Revenue 167 ($102M) Expenses 123 ($73M) Net assets 175 ($686M)
'17'18'19'20'21'22'23'24
Revenue (167)Expenses (123)Net assets (175)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $475M to $579M (+22%).

$421M
$411M
$462M
$475M
$579M
$628M
$704M
$780M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 7% · 2018 6% · 2019 6% · 2020 10% · 2021 13% · 2022 5% · 2023 7% · 2024 5%. Grants only. Government contracts and fees sit inside program revenue.

30% of SHEDD AQUARIUM SOCIETY’s revenue is contributions — more earned-revenue than three-quarters of its peers (73% for the typical peer).

This organization
Typical peer · 15 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$1.6M
’17
$2.4M
’18
$13M
’19
−$6.1M
’20
$127M
’21
$37M
’22
$26M
’23
$29M
’24
17
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Bridget Coughlin Phd

President/CEO

Board chair

David J Koo

Chairman of Board

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed6559615862606561
Joined·+7+11+5+6+2+9+5
No longer listed·13982449
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 77 funders to 116 funders, grant income rose $1.8M → $13M.

22 of 262 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $18M from 3 payers (the payer shares this organization's board, largest The Chicago Community Trust). These are real filings, and they are not money SHEDD AQUARIUM SOCIETY raised.

From the IRS filings of SHEDD AQUARIUM SOCIETY’s funders (the co-funder graph). Top 30 of 262 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SHEDD AQUARIUM SOCIETY has a broad base — no single funder exceeds 15% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

15%
largest funder
38%
top three
~15
effective funders

Largest funder’s share by year: 2017 19% · 2018 28% · 2019 56% · 2020 38% · 2021 21% · 2022 15% · 2023 16% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

51% of SHEDD AQUARIUM SOCIETY's funders are still giving 3 years after their first grant; 69% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

63% of SHEDD AQUARIUM SOCIETY's grant income comes from Illinois funders.

MT
IL
WI
MI
NY
MA
OR
NV
SD
IN
OH
PA
NJ
CT
CA
NE
MO
KY
VA
MD
DE
AZ
KS
NC
DC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $10M arriving through sponsors registered in 18 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SHEDD AQUARIUM SOCIETY runs a healthier operating margin than three-quarters of the 14 animals nonprofits its size.

Operating margin29% · top quartile
Months of reserve17.3mo · top quartile
Revenue growth (annualized)8% · below the median

this organization peer median middle 50% of peers· 14 animals nonprofits over $100M, FY2024

Government funding SHEDD AQUARIUM SOCIETY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.4M on record.

Federal$3.4M
grants $3.4Mcontracts $0
17
18
19
20
21
23
24
Top agencies
  • Institute of Museum and Library Services$1.3M
  • Department of Agriculture$1.0M
  • Department of the Interior$515k
  • National Science Foundation$422k
  • Department of Commerce$72k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like SHEDD AQUARIUM SOCIETY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

77% of spending goes to programs.

Program 77%Management 17%Fundraising 6%

Governance

46
board members
98%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

71%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 50 states

AK
ME
VT
NH
WA
MT
ND
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
WV
VA
MD
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
LA
MS
AL
GA
TX
FL

Screen this organization

A dated, signed PDF of the compliance screen for SHEDD AQUARIUM SOCIETY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SHEDD AQUARIUM SOCIETY?
SHEDD AQUARIUM SOCIETY (Illinois) receives grants from 262 organizations whose IRS filings report $66,534,736 to it, the largest being SF FOUNDATION ($10,000,000). 181 of them have funded it in more than one year.
How many funders does SHEDD AQUARIUM SOCIETY have?
IRS filings report 262 organizations giving $66,534,736 in grants to SHEDD AQUARIUM SOCIETY, 181 of which have funded it in more than one year.
Who is the largest funder of SHEDD AQUARIUM SOCIETY?
SF FOUNDATION is the largest funder on record, with $10,000,000 in grants. The full list of funders is on this page.
How can an organization like SHEDD AQUARIUM SOCIETY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 262 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing