Ocean Conservancy INC EIN 23-7245152

Ocean Conservancy INC

EIN  23-7245152 Public charity (501(c)(3)) Washington, DC Founded 1972
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/9/26 · see original filing: IRS
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Size
$10–100M
What they do
Protects the ocean by advocating for policies that reduce single-use plastic production and leading global cleanup efforts to eliminate marine debris.
Leadership
Janis Searles Jones · Chief Executive Officer · $688K
Money in and out
$48.8M revenue, $49.5M expenses
Bottom line
74% program efficiency

Protects the ocean by advocating for policies that reduce single-use plastic production and leading global cleanup efforts to eliminate marine debris. For fiscal year 2025 it reported $48.8M in revenue, $49.5M in expenses, and $86.3M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$48.8M
Pt VIII · Ln 12
Total expenses
$49.5M
Pt IX · Ln 25
Net assets
$86.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$674K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.11 Fundraising $0.15
Program efficiency
74%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
19.2mo
months of highly liquid reserves at operating expense rate▲ +9% vs prior filing year
Surplus margin
-1%
revenue over expenses, this year▲ +74% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$48.8M
FY2025▼ -1%
Expenses
$49.5M
FY2025▼ -5%
Total assets
$97.9M
FY2025▲ +3%
Total liabilities
$11.6M
FY2025▼ -13%
Total revenue
$48.8M
Pt VIII · Ln 12
Total expenses
$49.5M
Pt IX · Ln 25
Net assets
$86.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$674K
Total assetsPt X · Ln 16$97.9M
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

3 program services account for $31.8M of program spending, described in the organization's own filed words · FY2024.
01

Cross-Cutting Work

Ocean conservancy has multiple cross-cutting programs to support the three key pillars - protecting biodiversity, preventing ocean plastics, and mitigating climate change. Our government relations work engages directly with governments at all levels to advance policies that protect the ocean.

$15.4Mprogram expense
02

Protecting Biodiversity

Our ocean is home to an incredible diversity of life, feeding billions and supporting cultures and livelihoods around the world. But the ocean's bounty is under threat from unsustainable extraction, overfishing, plastic pollution and a warming ocean.

$10.4Mprogram expense
03

Preventing Ocean Plastics

11 million metric tons of plastic enter the ocean annually equivalent to a garbage truck's worth of plastic every single minute. Plastic pollution can be deadly to marine animals that eat or become trapped in it.

$5.9Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COcean Conservancy INC
EINHdr · item D23-7245152
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jwww.oceanconservancy.org
Year of formationHdr · item L1972
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C320)
Ruling yearIRS BMFDec 1972

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Executive Officer
$687,729Pt VII · Sec A
Chief Conservation Officer
$298,884Pt VII · Sec A
Former EVP (until 06/2024)
$297,680Pt VII · Sec A
Chief Financial Officer
$259,558Pt VII · Sec A
Chief Brand & Communications Officer
$250,940Pt VII · Sec A
VP, Conservation
$242,866Pt VII · Sec A
Deputy Chief of Development
$220,024Pt VII · Sec A
Chief Scientist
$208,153Pt VII · Sec A

Janis Searles Jones’s $688K as Chief Executive Officer is at the 97th percentile of top reported officer pay among 324 $10–100M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Janis Searles Jones$687,729$677,431
Janis Searles Jones$641,698$562,675$478,693$425,936
Sarah Humphries$206,278$300,637
Katherine Andrews$298,884$274,503
Emily Woglom$297,680$292,963
Sarah Humphries$282,534$245,706$229,880$242,955
Emily Woglom$276,929$264,167$246,908$268,281
Kenneth Donaldson$259,558$251,840

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$46.0M · 94%
Investment income$2.1M · 4%
Other revenue$758K · 2%
Contributions & grants94%$46.0M
Investment income4%$2.1M
Other revenue2%$758K
— government grantsLn 1e$1.1M
Total revenueLn 12$48.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.11 Fundraising $0.15
Program services74%$36.7M
Management & general11%$5.7M
Fundraising15%$7.2M
Total functional expensesLn 25$49.5M

Balance Sheet

Part X · end of year
CashLn 1$10.7M
Total assetsLn 16$97.9M
Total liabilitiesLn 26$11.6M
Total net assetsLn 32$86.3M
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $78.4M · Operating expenses (Pt IX) $49.5M · Less non-cash grants $403K · Cash operating expenses/yr $49.1M
19.2 months
Where the money goes
Program services
Program services $36.7M · Total expenses $49.5M
74%
Management & General
Management & general $5.7M · Total expenses $49.5M
11%
Fundraising
Fundraising $7.2M · Total expenses $49.5M
15%
Cost to raise $1
Fundraising expense (3-yr avg) $6.9M · Solicited contributions (3-yr avg) $45.1M
$0.15 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $46.0M · Total revenue $48.8M
94%
Government reliance
Government grants $1.1M · Total revenue $48.8M
2%
Earned-income share
Program service revenue $0 · Total revenue $48.8M
0%
Investment reliance
Investment income $2.1M · Total revenue $48.8M
+4%
Program self-sufficiency
Program service revenue $0 · Total expenses $49.5M
0%
Growth & trend
Revenue growth (YoY)
This year $48.8M · Prior year $49.2M
-1%
Revenue CAGR
FY2019 $33.8M · FY2024 $48.8M
+8%
Net-asset trend (YoY)
End of year $86.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $48.8M · Expenses $49.5M
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $97.9M
Net-asset ratio
Net assets $86.3M · Total assets $97.9M
88%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $67.7M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $97.9M
69%
People & payroll
Highest Reported Total Compensation
Individual Janis Searles Jones · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $688K · Total expenses $49.5M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $25.5M · Total expenses $49.5M
52%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $413K · Gross raised $10.8M
4%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 11%
Fundraising cost ratio 16%
Revenue growth -1%
Investment management fee ratio 0%
Legal fee ratio 1%
Accounting fee ratio 0%
Fundraising fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 19 funders →
Grants paid · 187 grants · $9.6M · 2019–2024
Kawerak INCAK · FY2024$253,000
Central Council Tlingit & Haida Indian Tribes of AlaskaFY2024$57,940
Native Village of Eyak Traditional CouncilFY2024$30,000
Aleut Community of St Paul Island Tribal Government of St PaulFY2024$30,000
Aina MomonaHI · FY2024$30,000
Yakutat Tlingit TribeFY2024$27,338
Native Village of PaimiutFY2024$25,012
See all 187 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$48.8M revenue · viewing · ⤓ 990 PDF
FY2024$49.2M revenue · ⤓ 990 PDF
FY2023$48.6M revenue · ⤓ 990 PDF
FY2022$49.7M revenue · ⤓ 990 PDF
FY2021$55.3M revenue · ⤓ 990 PDF
FY2020$33.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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