May 2, 2014
CORPUS CHRISTI, TEXAS – Charity Navigator, America’s largest and most-utilized independent evaluator of charities, has awarded the Texas State Aquarium its prestigious 4-star rating for good governance, sound fiscal management and commitment to accountability and transparency. The Texas State Aquarium is one of only six aquariums in the nation to earn the 4-star rating.
“We are pleased to learn that the Texas State Aquarium has received the highest rating possible from Charity Navigator,” stated Texas State Aquarium Vice President and Chief Financial Officer Julio Flores. “Almost ten years ago, we developed a good governance program to improve accountability and transparency, and to insure that we are operating at the highest level of organizational excellence and fiscal responsibility. This exceptional recognition publicly affirms that we are committed to strong board governance and sound financial management.”
Charity Navigator works to help charitable givers make intelligent giving decisions by providing information on more than 5,000 charities nationwide and by evaluating their financial health. It calculates each charity’s score based upon several broad criteria, including how much is spent per dollar raised, what percentage of funds goes to programs versus administrative and fund-raising expenses, and the organization’s long-term financial health. It then assigns a rating from one to four, with four being the best rating.
Texas State Aquarium–Connecting people with nature and inspiring conservation of the Gulf of Mexico.
The Aquarium is an accredited member of the Association of Zoos and Aquariums and a member of the World Association of Zoos and Aquariums.