Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1994.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
69 cents of each dollar spent went to programs.
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
5 people listed on the 990.
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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 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Builds and operates a marine education, exhibition, and research center.
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Maintainence of a mariculture research and facility float.
Hatchery, to provide seed to shell fish growers.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $23K | $9K |
| Land, buildings, equipmentLn 10c | $3.0M | $2.9M |
| Total assetsLn 16 | $3.0M | $2.9M |
| LiabilitiesLn 26 | $948K | $958K |
| Net assetsLn 32 | $2.0M | $2.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Management feesLn 11a | $125K | $125K | ||
| Office expensesLn 13 | $778 | $778 | ||
| OccupancyLn 16 | $8K | $8K | ||
| TravelLn 17 | $37K | $37K | ||
| InterestLn 20 | $12K | $12K | ||
| Depreciation, depletion and amortizationLn 22 | $125K | $125K | ||
| InsuranceLn 23 | $44K | $44K | ||
| Other expenses (24a–d)Ln 24 | $69K | $66K | $3K | |
| Total functional expensesLn 25 | $421K | $292K | $129K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $308K | $421K | −$114K | $2.0M | 990 PDF |
| FY2023 | $280K | $415K | −$134K | $2.0M | 990 PDF |
| FY2022 | $205K | $319K | −$115K | $2.2M | 990 PDF |
| FY2021 | $84K | $211K | −$127K | $2.3M | 990 PDF |
| FY2020 | $66K | $242K | −$176K | $2.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $307,584 across 6 lines filed
Part IX · Statement of functional expenses $421,290 across 8 lines filed
Part X · Balance sheet $2,932,702 assets, 10 lines filed
Part XI · Reconciliation of net assets $1,974,969 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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