Promoting responsible & sustainable use of Marine Resources through education, research,& collaboration.

501(c)(3) charity; gifts are tax-deductible.
19¢ of each $1 spent went to programs.
$149K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $2.8M a year · 30% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
19%
of spending
Concern: 19% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$149K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $57K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$9.3M
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.7M
+112% vs prior year
Spent
$11.3M
To programs
19%
Net assets
$18.5M
By yearFY2020–FY2024
Revenue
$6.7M
FY2024▲ +112%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$9.0M
FY2022$26.7M
FY2023$3.2M
FY2024$6.7M
Expenses
$11.3M
FY2024▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.4M
FY2021$20.6M
FY2022$7.8M
FY2023$10.1M
FY2024$11.3M
Net assets
$18.5M
FY2024▼ -20%
Tap a bar for its year
Net assets by fiscal year
FY2020$20.8M
FY2021$9.3M
FY2022$28.1M
FY2023$23.1M
FY2024$18.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

19 cents of each dollar spent went to programs.

Program services 19% · $2.2M Management & general 6% · $648K Fundraising 75% · $8.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $149K paid to officers and key staff.

Part VII, Section A · reportable compensation
$84,761Pt VII · Sec A
$64,618Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Ginette Hughes’s $85K as CEO is at the 9th percentile of top reported officer pay among 363 $1–10M science & technology 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Ginette Hughes$84,761$75,449$86,753$79,796$75,978
Sarah Egner$64,618$57,331$55,583——
Ian Koblick————$49,755
Joann Smenda———$25,940$44,645

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educating, researching, and collaborating to promote responsible and sustainable use of marine resources.

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Provided by the organization

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3 programs · $2.2M · in their own filed words · FY2024
01

Our programs introduced 7,000 people to marine science concepts through hands-on labs, discussion activities, citizen science projects, and snorkeling explorations by boat. For many participants, this is their first experience of the ocean.

$2.2Mprogram expense
02

The marinelab undersea laboratory hosted research and educational programs while it was submerged in our lagoon from 1985 - 2018. After it was removed from the water in 2018, it was renovated and turned into an interactive museum, designed to provide an experience that mimics the feeling of being in a working undersea research station.

Pt IX · col B
03

Marinelab conducts outreach programs through hosting events on site, such as our monthly free family days, and having a presence at local community events. Thousands of people of all ages have learned something new about the ocean this year.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$57K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.7M
Ln 12
Gifts and grantsLn 1h$4.0M
Fees for servicesLn 2g$2.7M
Other incomeLn 4–11$39K
Money outPt IX
$11.3M
Ln 25
Programscol B$2.2M
Managementcol C$648K
Fundraisingcol D$8.5M
Owns and owesPt X
$18.5M
net assets · Ln 32
Cash and savingsLn 1–2$585K
Total assetsLn 16$27.8M
LiabilitiesLn 26$9.3M
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.0M
Noncash giftsLn 1g$3.8M
Fees for servicesLn 2g$2.7M
Investment incomeLn 3$14K
Other incomeLn 4–11$39K
Total revenueLn 12$6.7M
Assets in detailPt X, end of year
CashLn 1$455K
SavingsLn 2$130K
Cash and savings togetherLn 1–2$585K
Land, buildings, equipmentLn 10c$2.3M
Other assetsLn 15$48K
Total assetsLn 16$27.8M
LiabilitiesLn 26$9.3M
Net assetsLn 32$18.5M
OperationsPt I, VI
EmployeesI 564
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$599K$585K
Land, buildings, equipmentLn 10c$2.3M$2.3M
Total assetsLn 16$31.7M$27.8M
LiabilitiesLn 26$8.7M$9.3M
Net assetsLn 32$23.1M$18.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$170K$170K
Other salaries and wagesLn 7$1.2M$1.1M$82K$65K
Pension plan contributionsLn 8$26K$17K$8K$2K
Other employee benefitsLn 9$88K$61K$21K$6K
Payroll taxesLn 10$109K$85K$19K$5K
Management feesLn 11a$42K$42K$187
Legal feesLn 11b$346$346
Accounting feesLn 11c$175$175
Other fees for servicesLn 11g$25K$7K$2K$16K
Advertising and promotionLn 12$20K$790$10K$9K
Office expensesLn 13$31K$19K$10K$2K
Information technologyLn 14$20K$7K$13K$909
OccupancyLn 16$80K$52K$28K
TravelLn 17$26K$10K$13K$3K
Conferences, conventions and meetingsLn 19$5K$5K
InterestLn 20$135K$87K$48K
Depreciation, depletion and amortizationLn 22$7.6M$16K$17K$7.6M
InsuranceLn 23$294K$243K$50K$125
Other expenses (24a–d)Ln 24$1.3M$496K$28K$777K
All other expensesLn 24e$86K$2K$81K$3K
Total functional expensesLn 25$11.3M$2.2M$648K$8.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $6.7M$11.3M−$4.6M$18.5M 990 PDF
FY2023 $3.2M$10.1M−$6.9M$23.1M 990 PDF
FY2022 $26.7M$7.8M$18.9M$28.1M 990 PDF
FY2021 $9.0M$20.6M−$11.5M$9.3M 990 PDF
FY2020 $1.4M$11.4M−$10.1M$20.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $6,747,764 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,309,058$4,010,110
I-9 Program service revenuePrior year $2,559,873$2,684,452
I-10 Investment incomePrior year $11,703$14,371
I-11 Other revenuePrior year $151,600$38,831
I-12 Total revenuePrior year $5,032,234$6,747,764
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,482,279$1,630,269
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $8,617,903$9,676,152
I-18 Total expensesPrior year $10,100,182$11,306,421
I-19 Revenue less expensesPrior year −$5,067,948−$4,558,657
Part VI · Governance 8 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $6,747,764 across 7 lines filed
Lines not itemized here account for $12,408 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$4,010,110
VIII-1g Noncash contributions (included above)$3,818,587
VIII-1h Total contributions, gifts and grants$4,010,110
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,672,044$2,672,044
VIII-3 Investment incomeRelated to mission $14,371$14,371
VIII-6 Net rental income or lossExcluded from tax $38,831$38,831
VIII-12 Total revenueRelated to mission $2,698,823 · Unrelated business $0 · Excluded from tax $38,831$6,747,764
Part IX · Statement of functional expenses $11,306,421 across 20 lines filed
IX-5 Pay of current officers, directors and key staffManagement $169,674$169,674
IX-7 Other salaries and wagesPrograms $1,090,868 · Management $81,616 · Fundraising $64,708$1,237,192
IX-8 Pension plan contributionsPrograms $16,547 · Management $7,649 · Fundraising $1,916$26,112
IX-9 Other employee benefitsPrograms $61,202 · Management $20,987 · Fundraising $6,237$88,426
IX-10 Payroll taxesPrograms $84,541 · Management $19,429 · Fundraising $4,895$108,865
IX-11a Management feesManagement $41,685 · Fundraising $187$41,872
IX-11b Legal feesManagement $346$346
IX-11c Accounting feesManagement $175$175
IX-11g Other fees for servicesPrograms $6,705 · Management $2,124 · Fundraising $15,733$24,562
IX-12 Advertising and promotionPrograms $790 · Management $9,945 · Fundraising $8,994$19,729
IX-13 Office expensesPrograms $19,112 · Management $10,123 · Fundraising $2,087$31,322
IX-14 Information technologyPrograms $6,664 · Management $12,573 · Fundraising $909$20,146
IX-16 OccupancyPrograms $52,045 · Management $27,842$79,887
IX-17 TravelPrograms $10,242 · Management $12,715 · Fundraising $2,879$25,836
IX-19 Conferences, conventions and meetingsManagement $4,996$4,996
IX-20 InterestPrograms $87,151 · Management $48,280$135,431
IX-22 Depreciation, depletion and amortizationPrograms $16,283 · Management $17,477 · Fundraising $7,576,977$7,610,737
IX-23 InsurancePrograms $242,996 · Management $50,495 · Fundraising $125$293,616
IX-24 Other expenses (24a–d)Programs $495,606 · Management $28,319 · Fundraising $777,475$1,301,400
IX-24e All other expensesPrograms $1,750 · Management $81,227 · Fundraising $3,120$86,097
IX-25 Total functional expensesPrograms $2,192,502 · Management $647,677 · Fundraising $8,466,242$11,306,421
Part X · Balance sheet $27,843,607 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $499,177$454,779
X-2 Savings and temporary cash investmentsStart of year $99,701$129,923
X-4 Accounts receivableStart of year $15,293$13,176
X-8 Inventories for sale or useStart of year $28,735,330$24,889,730
X-10c Land, buildings and equipment, netStart of year $2,348,560$2,308,391
X-15 Other assetsStart of year $42,166$47,608
X-16 Total assetsStart of year $31,740,227$27,843,607
X-17 Accounts payable and accrued expensesStart of year $33,650$78,286
X-19 Deferred revenueStart of year $599,209$560,011
X-25 Other liabilitiesStart of year $177,808$166,711
X-26 Total liabilitiesStart of year $8,670,145$9,332,181
X-27 Net assets without donor restrictionsStart of year $20,218,987$15,649,454
X-28 Net assets with donor restrictionsStart of year $2,851,095$2,861,972
X-32 Total net assets or fund balancesStart of year $23,070,082$18,511,426
X-33 Total liabilities and net assetsStart of year $31,740,227$27,843,607
Part XI · Reconciliation of net assets $18,511,426 net assets at year end
XI-1 Total revenue$6,747,764
XI-2 Total expenses$11,306,421
XI-3 Revenue less expenses−$4,558,657
XI-4 Net assets at start of year$23,070,082
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$18,511,426

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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