Civic Intelligence

The Living Planet Inc

EIN 87-0572706 • 501(c)3 • Draper, UT

Profile

We inspire people to explore, discover and learn about earth's diverse ecosystems.

12033 S Lone Peak ParkwayDraper, UT 84020-9414

www.thelivingplanet.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.23x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.81x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

83rd percentile

32%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

63rd percentile

$446,473

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

11%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$91,418,644

Up $10,203,342 (+13%) from 2023

Liabilities

Up

$21,406,848

Up $923,875 (+4.5%) from 2023

Net Assets

Up

$70,011,796

Up $9,279,467 (+15%) from 2023

Revenue

Up

$26,540,825

Up $2,592,040 (+11%) from 2023

Expenses

Up

$18,030,765

Up $1,794,059 (+11%) from 2023

Net Income

Up

$8,510,060

Up $797,981 (+10%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100M$50M$0Assets 2011: $6,849,038Liabilities 2011: $323,632Net Assets 2011: $6,525,4062011Assets 2012: $23,915,431Liabilities 2012: $14,870,771Net Assets 2012: $9,044,6602012Assets 2013: $25,322,329Liabilities 2013: $16,661,670Net Assets 2013: $8,660,6592013Assets 2014: $27,281,431Liabilities 2014: $15,731,896Net Assets 2014: $11,549,5352014Assets 2015: $30,879,903Liabilities 2015: $16,683,020Net Assets 2015: $14,196,8832015Assets 2016: $32,730,875Liabilities 2016: $16,534,243Net Assets 2016: $16,196,6322016Assets 2017: $32,993,423Liabilities 2017: $15,677,613Net Assets 2017: $17,315,8102017Assets 2018: $36,007,435Liabilities 2018: $13,974,195Net Assets 2018: $22,033,2402018Assets 2019: $41,478,374Liabilities 2019: $13,547,699Net Assets 2019: $27,930,6752019Assets 2020: $47,372,437Liabilities 2020: $16,868,976Net Assets 2020: $30,503,4612020Assets 2021: $60,500,987Liabilities 2021: $17,159,460Net Assets 2021: $43,341,5272021Assets 2022: $68,561,103Liabilities 2022: $16,552,489Net Assets 2022: $52,008,6142022Assets 2023: $81,215,302Liabilities 2023: $20,482,973Net Assets 2023: $60,732,3292023Assets 2024: $91,418,644Liabilities 2024: $21,406,848Net Assets 2024: $70,011,7962024

Highlighted filing

2024

Assets$91,418,644
Liabilities$21,406,848
Net Assets$70,011,796

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $5,968,662Expenses 2011: $3,240,525Net Income 2011: $2,728,1372011Expenses 2012: $3,858,2422012Revenue 2013: $3,727,124Expenses 2013: $4,111,125Net Income 2013: -$384,0012013Revenue 2014: $11,013,607Expenses 2014: $8,124,731Net Income 2014: $2,888,8762014Revenue 2015: $11,796,497Expenses 2015: $9,146,250Net Income 2015: $2,650,2472015Revenue 2016: $11,906,040Expenses 2016: $9,906,291Net Income 2016: $1,999,7492016Revenue 2017: $12,040,713Expenses 2017: $10,918,935Net Income 2017: $1,121,7782017Revenue 2018: $16,448,625Expenses 2018: $11,709,844Net Income 2018: $4,738,7812018Revenue 2019: $18,175,964Expenses 2019: $12,366,855Net Income 2019: $5,809,1092019Revenue 2020: $13,822,900Expenses 2020: $11,325,008Net Income 2020: $2,497,8922020Revenue 2021: $25,553,402Expenses 2021: $12,809,136Net Income 2021: $12,744,2662021Revenue 2022: $26,055,979Expenses 2022: $15,348,180Net Income 2022: $10,707,7992022Revenue 2023: $23,948,785Expenses 2023: $16,236,706Net Income 2023: $7,712,0792023Revenue 2024: $26,540,825Expenses 2024: $18,030,765Net Income 2024: $8,510,0602024

Highlighted filing

2024

Revenue$26,540,825
Expenses$18,030,765
Net Income$8,510,060

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$91.4$21.4$70.0$26.5$18.0$8.51
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$81.2$20.5$60.7$23.9$16.2$7.71
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.6$16.6$52.0$26.1$15.3$10.7
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.5$17.2$43.3$25.6$12.8$12.7
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.4$16.9$30.5$13.8$11.3$2.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.5$13.5$27.9$18.2$12.4$5.81
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.0$14.0$22.0$16.4$11.7$4.74
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.0$15.7$17.3$12.0$10.9$1.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.7$16.5$16.2$11.9$9.91$2.00
2015Detailed filing. Detailed filing data is available for this year.$30.9$16.7$14.2$11.8$9.15$2.65
2014Detailed filing. Detailed filing data is available for this year.$27.3$15.7$11.5$11.0$8.12$2.89
2013Detailed filing. Detailed filing data is available for this year.$25.3$16.7$8.66$3.73$4.11$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.9$14.9$9.04$3.86
2011Summary only. Only limited summary data is available for this year.$6.85$0.32$6.53$5.97$3.24$2.73
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.0
Gross Receipts
$42,892,098
Mission and Program Overview

Mission

We inspire people to explore, discover and learn about earth's diverse ecosystems.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$34,736,673$33,547,022▼ $1,189,651
Cash and Non-Interest-Bearing Accounts$1,449,633$10,366,740▲ $8,917,107
Investments in Publicly Traded Securities$25,528,561$9,783,731▼ $15,744,830
Pledges and Grants Receivable$3,606,964$4,011,346▲ $404,382
Savings and Temporary Cash Investments$3,447,299$1,036,632▼ $2,410,667
Accounts Receivable$91,375$332,779▲ $241,404
Prepaid Expenses and Deferred Charges$222,850$285,534▲ $62,684
Total Assets$81,215,302$91,418,644▲ $10,203,342
Other Assets Total$12,131,947$32,054,860▲ $19,922,913
Liabilities
Accounts Payable and Accrued Expenses$6,334,289$7,094,686▲ $760,397
Tax Exempt Bond Liabilities$7,614,252$6,789,927▼ $824,325
Mortgage Notes Payable Secured by Investment Property$4,246,361$4,044,147▼ $202,214
Deferred Revenue$2,217,157$3,451,658▲ $1,234,501
Other Liabilities$70,914$26,430▼ $44,484
Total Liabilities$20,482,973$21,406,848▲ $923,875
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$57,148,581$65,782,648▲ $8,634,067
Net Assets With Donor Restrictions$3,583,748$4,229,148▲ $645,400
Total Net Assets Fund Balance$60,732,329$70,011,796▲ $9,279,467
Total Liabilities and Net Assets / Fund Balance$81,215,302$91,418,644▲ $10,203,342

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,433,566$5,451,965$22,885,531
Equipment$12,030,167$6,927,581$18,957,748
Land$8,045,285-$8,045,285
Other Land Buildings$-768,081$768,081-
Leasehold Improvements$-3,193,915$3,193,915-
Other Assets Org$22,790--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,198,603-▲ $128,193-$1,326,796
2023$1,051,801$25,219▲ $146,714$-25,131$1,198,603
2022$1,235,542$995,206▼ $179,112$-999,835$1,051,801
2021$421,031$730,417▲ $84,094-$1,235,542
2020$378,600-▲ $42,431-$421,031
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brent AndersenCEO/founderFT$322,604$123,869$446,473
Robert CastellanoVP of DeveloFT$214,041$8,059$222,100
Robert CastellanoVP of Development-$190,037$32,063$222,100
Jeff AndreasenCFOFT$159,806$45,728$205,534
Layne PitcherVP of MarketFT$144,904$19,755$164,659
Layne PitcherVP of Marketing & Op-$124,593$40,066$164,659
Frank RobinsonSr VP of OpeFT$146,698$16,774$163,472
Frank RobinsonSr VP of Operations-$127,980$35,492$163,472
Ari FustukjianVP of ZoologFT$150,333$10,902$161,235
Ari FustukjianVP of Zoological Ops-$132,257$28,978$161,235
Denise WaswiVP of HumanFT$122,867$12,269$135,136

Board Members and Trustees

NameTitle
Tim CosgroveChair
Jim LovelandPast Chair
Michele Depasquale HiltonVice Chair
Terry GrantBoard Member
Ken MurdockSecretary
Jeff FlammTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Complete Contracting CompanyConstruction5455 W 11000 N STE 201, Highland, UT 84003$17,602,503
Stoneface INCConstruction33208 PASEO CERVEZA STE G, San Juan Capistrano, CA 92675$690,497
Fuel MarketingMarketing2005 E 2700 S STE 180, Salt Lake City, UT 84109$591,875
Real Luxury DesignConstruction347 E 600 N, Lindon, UT 84042$353,422
Dolphin Fiberglass ProductsConstruction161 SOUTHWEST 4TH AVE, Homestead, FL 33030$247,175
Revenue and Support

Revenue Composition

Contributions and Grants
$7,153,855
Program Service Revenue
$16,130,955
Investment Income
$1,084,392
Other Revenue
$2,171,623
All Other Contributions
$4,222,690
Change in Net Assets
$8,510,060

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,540,825
Revenue Not Reported on Form 990
$769,407
Total Revenue per Audited Statements
$27,310,232
Total Revenue per Form 990
$26,540,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,928,745
Other Expenses$7,012,020
Total Fundraising Expense$1,177,853
Professional Fundraising Fees$90,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,536,091$542,210$590,294$8,668,595
Depreciation Depletion$1,872,616$95,746-$1,968,362
Advertising$791,564-$39,011$830,575
Payroll Taxes$593,186$73,459$53,158$719,803
Other Employee Benefits$577,251$71,487$51,948$700,686
Current Officers, Directors, Trustees, and Key Employees$125,734$406,626$96,312$628,672
Occupancy$487,434$44,837$31,061$563,332
Fees for Services Other$341,900$81,036$43,514$466,450
Information Technology$377,620$4,605$12,824$395,049
Interest$270,091$27,038$18,730$315,859
Pension Plan Contributions$173,875$21,532$15,582$210,989
Fees for Services Legal-$180,479-$180,479
Insurance$100,849$10,096$6,994$117,939
Office Expenses$66,028$3,363$30,585$99,976
Travel$87,491$3,058$307$90,856
Fees for Services Professional Fundraising--$90,000$90,000
All Other Expenses$65,533$5,375$5,582$76,490
Conferences and Meetings$26,969$29,600$3,417$59,986
Other Expenses$55,563$42,912$747$56,310
Fees for Services Accounting-$23,881-$23,881
Total Functional Expenses$15,185,572$1,667,340$1,177,853$18,030,765

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$18,030,765
Total Expenses per Audited Statements$18,030,765
Total Expenses per Form 990$18,030,765
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$90,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$26,430

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Draper Salt Lake County2012-12-06$14,507,536AQUARIUM CONSTRUCTION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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 organization's cfo and ceo complete an initial review of the form 990 and provide copies to board members for final review.

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

The organization provides a copy of its conflict of interest policy and disclosure form to each board member and company officer prior to the first board meeting each year. The organization collects and keeps signed disclosure forms from each individual on file indicating whether any conflicts of interest exist. Board members and officers joining the organization mid-year also receive the policy and provide a signed disclosure to the organization. A person who has a conflict of interest is not permitted to hear the board's discussion of any related matter, except to disclose material facts and respond to questions. A person who has a conflict of interest with respect to a contract or transaction may not vote on the contract or transaction. The ceo and cfo regularly monitor compliance on an ongoing basis.

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

The compensation committee reviews and determines annual ceo compensation by analyzing the organization's overall impact to the community, growth, liquidity and financial results to budget, and uses comparable nonprofit aquarium industry salary guidelines obtained from published reports and surveys. The committee's recommendation is then subject to board approval. The deliberation and determination of compensation is contemporaneously documented.

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

The board uses a similar process for other officers and key employees compensation as the ceo, along with additional inputs and recommendations from the ceo.

Form 990, Page 6, Part VI, Line 19

These documents are made available upon written request. The three most recent tax filing years of the organization's federal form 990 are also available to the public on guidestar.com

Filing and Contact Details

Filer

Filer Name
The Living Planet Inc
EIN
87-0572706
Phone
8013553474
Address
12033 S LONE PEAK PARKWAY, DRAPER, UT 84020-9414
Doing Business As
Loveland Living Planet Aquarium

Signing Officer

Name
Brent Andersen
Title
CEO/founder
Phone
8014954448
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Andersen
Formed
1997
Legal Domicile
Ut
Voting Board Members
6
Independent Board Members
6
Employees
363
Volunteers
210

Preparer

Firm
Bountiful Peak Advisors
Address
1564 SOUTH 500 WEST SUITE 201, BOUNTIFUL, UT 84010-7400
Preparer
Justin R Shaw CPA Cfe Cgma
Phone
8012943155
Supplemental Narrative

Additional Explanations

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

Aquarium program loveland living planet aquarium (llpa) is an association of zoos and aquariums (aza)-accredited institution with a mission to inspire guests to explore, discover, and learn about earth's diverse ecosystems. The aquarium features six primary habitat galleries and an outdoor education plaza that supports year-round engagement and interpretation. Galleries span from utah native fauna, to south america, to the ocean, to asian cloud forests, and beyond. In 2024, llpa welcomed 1,100,889 guests and expanded its animal collection through successful hatchings and acquisitions, including two gentoo penguin chicks, an asian small-clawed otter, hermann's tortoises, a harris hawk, and cabezon fish. The animal care team contributed to global conservation efforts by raising atlantic lumpfish from eggs to adulthood, caring for endangered colorado pikeminnow, supporting motus migratory bird tracking, and raising and releasing 24 western toads. Llpa also joined the aza saving animals from extinction (safe) shark and ray program in collaboration with other aza institutions. A total of 207 volunteers contributed 12,330 service hours across animal care, diving, and education support.

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

Education program in 2024, llpa continued to expand its steam education programs statewide. On-site programs served 78,604 students, including 18,729 from title i schools. The aquarium's outreach team delivered utah state board of education-aligned lessons in 620 classrooms, reaching 79,731 students across utah, including every 4th-grade class and select 2nd and 6th-grade classes. Nearly 3,000 students participated in summer and school-break camps, with 115 scholarships provided to ensure access for students in need. Homeschool days offered no-cost admission and supplemental learning for registered homeschool providers. Llpa also formalized memorandums of understanding with utah state university and utah valley university to establish undergraduate coursework in freshwater and marine ecology onsite, creating in-state pathways to marine science careers and supporting collaborative research in aquatic conservation. Community engagement reached over 900,000 guests through daily interpretation and public programs, including world oceans week, shark week, meditation & yoga events, a u2 tribute concert, and the inaugural lantern festival. Revenue from these events directly supported education, conservation, and animal care.

Raw XML AppendixShowing 400 of 752 raw XML fields

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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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION PROGRAM IN 2024, LLPA CONTINUED TO EXPAND ITS STEAM EDUCATION PROGRAMS STATEWIDE. ON-SITE PROGRAMS SERVED 78,604 STUDENTS, INCLUDING 18,729 FROM TITLE I SCHOOLS. THE AQUARIUM'S OUTREACH TEAM DELIVERED UTAH STATE BOARD OF EDUCATION-ALIGNED LESSONS IN 620 CLASSROOMS, REACHING 79,731 STUDENTS ACROSS UTAH, INCLUDING EVERY 4TH-GRADE CLASS AND SELECT 2ND AND 6TH-GRADE CLASSES. NEARLY 3,000 STUDENTS PARTICIPATED IN SUMMER AND SCHOOL-BREAK CAMPS, WITH 115 SCHOLARSHIPS PROVIDED TO ENSURE ACCESS FOR STUDENTS IN NEED. HOMESCHOOL DAYS OFFERED NO-COST ADMISSION AND SUPPLEMENTAL LEARNING FOR REGISTERED HOMESCHOOL PROVIDERS. LLPA ALSO FORMALIZED MEMORANDUMS OF UNDERSTANDING WITH UTAH STATE UNIVERSITY AND UTAH VALLEY UNIVERSITY TO ESTABLISH UNDERGRADUATE COURSEWORK IN FRESHWATER AND MARINE ECOLOGY ONSITE, CREATING IN-STATE PATHWAYS TO MARINE SCIENCE CAREERS AND SUPPORTING COLLABORATIVE RESEARCH IN AQUATIC CONSERVATION. COMMUNITY ENGAGEMENT REACHED OVER 900,000 GUESTS THROUGH DAILY INTERPRETATION AND PUBLIC PROGRAMS, INCLUDING WORLD OCEANS WEEK, SHARK WEEK, MEDITATION & YOGA EVENTS, A U2 TRIBUTE CONCERT, AND THE INAUGURAL LANTERN FESTIVAL. REVENUE FROM THESE EVENTS DIRECTLY SUPPORTED EDUCATION, CONSERVATION, AND ANIMAL CARE.
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