Civic Intelligence

Shell Museum and Educational

EIN 59-2775992 • 501(c)3 • Sanibel, FL

Profile

Shell museum and educational foundation, inc. (the "foundation") was organized under the laws of florida on october 1, 1986, as a non-profit corporation. The foundation was established to operate a center in sanibel, florida for public education and for the study, research, and display of mollusks and other marine life.

3075 Sanibel Captiva RoadSanibel, FL 33957

www.shellmuseum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.02x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.12x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

39th percentile

$139,632

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

49th percentile

4.8%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-33%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$14,986,569

Up $687,261 (+4.8%) from 2023

Liabilities

Down

$321,704

Down $104,763 (-25%) from 2023

Net Assets

Up

$14,664,865

Up $792,024 (+5.7%) from 2023

Revenue

Down

$2,587,200

Down $1,282,053 (-33%) from 2023

Expenses

Up

$1,938,712

Up $584,204 (+43%) from 2023

Net Income

Down

$648,488

Down $1,866,257 (-74%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $3,732,783Liabilities 2010: $40,799Net Assets 2010: $3,691,9842010Assets 2011: $3,838,633Liabilities 2011: $55,921Net Assets 2011: $3,782,7122011Assets 2012: $3,940,537Liabilities 2012: $31,414Net Assets 2012: $3,909,1232012Assets 2013: $5,865,442Liabilities 2013: $122,290Net Assets 2013: $5,743,1522013Assets 2014: $6,165,837Liabilities 2014: $112,577Net Assets 2014: $6,053,2602014Assets 2015: $6,240,034Liabilities 2015: $78,976Net Assets 2015: $6,161,0582015Assets 2016: $6,721,731Liabilities 2016: $82,225Net Assets 2016: $6,639,5062016Assets 2017: $7,485,932Liabilities 2017: $59,713Net Assets 2017: $7,426,2192017Assets 2018: $9,397,107Liabilities 2018: $134,590Net Assets 2018: $9,262,5172018Assets 2019: $11,703,334Liabilities 2019: $1,334,919Net Assets 2019: $10,368,4152019Assets 2020: $12,145,184Liabilities 2020: $986,513Net Assets 2020: $11,158,6712020Assets 2021: $12,123,775Liabilities 2021: $478,120Net Assets 2021: $11,645,6552021Assets 2022: $11,405,595Liabilities 2022: $101,481Net Assets 2022: $11,304,1142022Assets 2023: $14,299,308Liabilities 2023: $426,467Net Assets 2023: $13,872,8412023Assets 2024: $14,986,569Liabilities 2024: $321,704Net Assets 2024: $14,664,8652024

Highlighted filing

2024

Assets$14,986,569
Liabilities$321,704
Net Assets$14,664,865

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $732,0522010Expenses 2011: $769,7052011Expenses 2012: $784,2242012Revenue 2013: $2,501,950Expenses 2013: $969,372Net Income 2013: $1,532,5782013Revenue 2014: $1,153,590Expenses 2014: $1,026,987Net Income 2014: $126,6032014Revenue 2015: $1,416,981Expenses 2015: $1,124,192Net Income 2015: $292,7892015Revenue 2016: $1,861,645Expenses 2016: $1,255,113Net Income 2016: $606,5322016Revenue 2017: $1,850,119Expenses 2017: $1,327,348Net Income 2017: $522,7712017Revenue 2018: $3,538,888Expenses 2018: $1,348,651Net Income 2018: $2,190,2372018Revenue 2019: $2,384,044Expenses 2019: $1,438,987Net Income 2019: $945,0572019Revenue 2020: $2,503,626Expenses 2020: $1,814,114Net Income 2020: $689,5122020Revenue 2021: $2,459,333Expenses 2021: $1,762,392Net Income 2021: $696,9412021Revenue 2022: $2,249,021Expenses 2022: $2,085,255Net Income 2022: $163,7662022Revenue 2023: $3,869,253Expenses 2023: $1,354,508Net Income 2023: $2,514,7452023Revenue 2024: $2,587,200Expenses 2024: $1,938,712Net Income 2024: $648,4882024

Highlighted filing

2024

Revenue$2,587,200
Expenses$1,938,712
Net Income$648,488

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.0$0.32$14.7$2.59$1.94$0.65
2023Detailed filing. Detailed filing data is available for this year.$14.3$0.43$13.9$3.87$1.35$2.51
2022Detailed filing. Detailed filing data is available for this year.$11.4$0.10$11.3$2.25$2.09$0.16
2021Detailed filing. Detailed filing data is available for this year.$12.1$0.48$11.6$2.46$1.76$0.70
2020Detailed filing. Detailed filing data is available for this year.$12.1$0.99$11.2$2.50$1.81$0.69
2019Detailed filing. Detailed filing data is available for this year.$11.7$1.33$10.4$2.38$1.44$0.95
2018Detailed filing. Detailed filing data is available for this year.$9.40$0.13$9.26$3.54$1.35$2.19
2017Detailed filing. Detailed filing data is available for this year.$7.49$0.06$7.43$1.85$1.33$0.52
2016Detailed filing. Detailed filing data is available for this year.$6.72$0.08$6.64$1.86$1.26$0.61
2015Detailed filing. Detailed filing data is available for this year.$6.24$0.08$6.16$1.42$1.12$0.29
2014Detailed filing. Detailed filing data is available for this year.$6.17$0.11$6.05$1.15$1.03$0.13
2013Detailed filing. Detailed filing data is available for this year.$5.87$0.12$5.74$2.50$0.97$1.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.94$0.03$3.91$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$0.06$3.78$0.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.04$3.69$0.73
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$2,823,411
Mission and Program Overview

Mission

To educate about shells through exhibits, educational programs, library and publications; to further awareness of nature; to promote collection-based research with emphasis on southwest florida and the gulf of mexico.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,403,885$8,233,561▲ $829,676
Investments in Publicly Traded Securities$4,946,799$3,483,498▼ $1,463,301
Cash and Non-Interest-Bearing Accounts$1,503,193$2,762,198▲ $1,259,005
Pledges and Grants Receivable$177,500$213,746▲ $36,246
Inventories for Sale or Use$67,737$121,933▲ $54,196
Prepaid Expenses and Deferred Charges$34,914$30,640▼ $4,274
Accounts Receivable$136,215$10,993▼ $125,222
Total Assets$14,299,308$14,986,569▲ $687,261
Other Assets Total$29,065$130,000▲ $100,935
Liabilities
Accounts Payable and Accrued Expenses$365,177$215,174▼ $150,003
Deferred Revenue$11,290$56,530▲ $45,240
Mortgage Notes Payable Secured by Investment Property$50,000$50,000→ $0
Total Liabilities$426,467$321,704▼ $104,763
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,632,841$13,149,240▼ $483,601
Net Assets With Donor Restrictions$240,000$1,515,625▲ $1,275,625
Total Net Assets Fund Balance$13,872,841$14,664,865▲ $792,024
Total Liabilities and Net Assets / Fund Balance$14,299,308$14,986,569▲ $687,261

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,258,456$1,147,833$6,406,289
Buildings$2,294,832$1,173,396$3,468,228
Land$455,031-$455,031
Equipment$175,232$11,019$186,251
Leasehold Improvements$50,010$52,187$102,197

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$850,659-▲ $98,852$31,000$914,504
2023$734,192$58▲ $146,796$28,000$850,659
2022$864,622-▼ $128,077-$734,192
2021$706,808$100,000▲ $60,258-$864,622
2020$705,168-▲ $3,761-$706,808
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Samuel AnkersonExecutive DiFT$106,327$29,283$135,610

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,830,785
Program Service Revenue
$249,190
Investment Income
$304,899
Other Revenue
$202,326
All Other Contributions
$1,208,445
Change in Net Assets
$648,488

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$77,544Fair Market Value (FMV)
Other Non Cash Contri Table6$7,000Fair Market Value (FMV)
Total Noncash Contributions7$84,544-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,587,200
Revenue Not Reported on Form 990
$147,022
Total Revenue per Audited Statements
$2,734,222
Total Revenue per Form 990
$2,587,200
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,832,385
Total Fundraising Expense$149,819
Salaries, Compensation, and Employee Benefits$106,327
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$600,600$170,433$52,365$823,398
Depreciation Depletion$234,137$62,437$15,609$312,183
Occupancy$174,583$46,555$11,640$232,778
Advertising$77,142-$33,067$110,209
Current Officers, Directors, Trustees, and Key Employees$82,364$16,826$7,137$106,327
Office Expenses$29,149$23,368$4,179$56,696
Information Technology$15,518$14,734$2,923$33,175
Fees for Service Investment Mgmnt Fees-$29,985-$29,985
All Other Expenses$18,420$5,874$1,165$25,459
Insurance$7,289$4,667$635$12,591
Other Expenses$12,247-$21,083$12,247
Travel$3,802$83$16$3,901
Total Functional Expenses$1,413,931$374,962$149,819$1,938,712

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,942,198
Expenses per Audited Statements$1,938,712
Total Expenses per Form 990$1,938,712
Expenses Not Reported on Form 990$3,486
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$53,420
Fundraising Gross Income$40,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Night at the Mu$549,978$40,000$13,850$26,150
Total Events$549,978$40,000$53,420$-13,420
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board reviews a draft of the tax return for accuracy and completeness prior to signing and filing.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest policy is documented in employee handbook which is signed by all employees. Board conflicts are included in the board governance manual and reviewed annually.

Form 990, Page 6, Part VI, Line 15A

The finance committee recommends salary of the museum director based on goals set by the board. Minutes are kept for the committee meeting. Salary is approved by the board as part of the budget approval process. Minutes are kept for board meetings.

Form 990, Page 6, Part VI, Line 15B

The museum or executive director determines salaries for all other employees.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are available to public upon request.

Filing and Contact Details

Filer

Filer Name
Shell Museum and Educational
EIN
59-2775992
Phone
2393952233
Address
3075 SANIBEL CAPTIVA ROAD, SANIBEL, FL 33957

Signing Officer

Name
Clair Beckmann
Title
President
Phone
2393952233
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clair Beckmann
Formed
1986
Legal Domicile
Fl
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
80

Preparer

Firm
Stroemer & Company
Address
14030 METROPOLIS AVE STE 200, FORT MYERS, FL 33912
Preparer
Marc Whitfield CPA
Phone
2394331002
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Shell museum and educational foundation, inc. (the "foundation") was organized under the laws of florida on october 1, 1986, as a non-profit corporation. The foundation was established to operate a center in sanibel, florida for public education and for the study, research, and display of mollusks and other marine life.

Form 990

The organization switched to a peo for payroll therefore salaries are recorded on part ix line 11 with the exception of officer wages, which are recorded on part ix, line 5 for transparency purposes.

Form 990, Page 2, Part III, Line 4A

To educate about shells and mollusks, the shell-makers, through exhibits, educational programs, library services and publications. To further awareness of nature and the natural environment. To promote collection- based research on shells and mollusks with emphasis on southwest florida and the gulf of mexico. Operation of a public museum and educational center features more than 30 exhibits of mollusks from around the world. Exhibits are devoted to shells in art and history, shell habitat, rare specimens, fossil shells, common southwest florida shells, and more. The learning lab features a hands-on play area for children, displays, games, and a tank with indigenous mollusks. A half-hour video, mollusks in action, is shown on the hour, and a children's video is shown continuously. The museum store offers a wide selection of shell books.

Form 990, Part IX, Line 11G

Other professional fees 0 6,500 0 payroll fees 16,647 2,705 1,457 professional fees 0 47,431 0 employee lease expense 583,953 113,797 50,908 total 600,600 170,433 52,365

Form 990, Part XI, Line 9

Fundraising expenses 3,486 fundraising expenses -3,486

Financial Statement Notes

Schedule D, Page 3, Part X

The internal revenue service has determined that the museum is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The museum is a not-for-profit florida corporation and therefore is not subject to state income taxes. The internal revenue code provides for taxation of unrelated business income under certain circumstances. The museum reports no unrelated business taxable income; however, such status is subject to final determination upon examination of the related tax returns by the apppropriate taxing authorities. The museums tax filings are subject to audit by various taxing authorities. Certain income tax returns filed by the museum remain open to examination by these government agencies. The financial accounting standards board has issued guidance on accounting for uncertainty in income taxes and the museum has adopted this guidance. The museum has evaluated its tax positions and any estimates utilized in its tax return, and concluded that the museum has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. Interest and penalties associated with uncertian tax positions will be recognized in income tax expense, if required.

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 3,486

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 3,486

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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