Ocean Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,274,335 | 6,352,441 | −78,106 | 28.7 | 45% |
| 2012 | 7,034,710 | 6,268,380 | 766,330 | 30.5 | 46% |
| 2013 | 7,782,663 | 6,110,144 | 1,672,519 | 34.6 | 44% |
| 2014 | 5,518,131 | 6,589,382 | −1,071,251 | 30.1 | 45% |
| 2015 | 6,350,573 | 6,859,443 | −508,870 | 28.0 | 48% |
| 2016 | 5,567,582 | 6,432,433 | −864,851 | 28.3 | 47% |
| 2017 | 5,702,209 | 6,496,221 | −794,012 | 26.6 | 44% |
| 2018 | 6,339,185 | 6,828,673 | −489,488 | 24.4 | 41% |
| 2019 | 5,350,910 | 6,636,345 | −1,285,435 | 22.9 | 44% |
| 2020 | 4,080,915 | 3,931,999 | 148,916 | 39.3 | 39% |
| 2021 | 4,927,903 | 3,455,834 | 1,472,069 | 49.9 | 32% |
| 2022 | 4,036,794 | 4,417,606 | −380,812 | 37.8 | 34% |
| 2023 | 4,177,558 | 5,196,801 | −1,019,243 | 29.8 | 40% |
In its most recent public year (2023), this organization spent $1,019,243 more than it brought in. Its reserves stood at about 29.8 months of spending, up from 28.7 in 2011. Staff pay was 40% of spending. $1,291,838 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Ocean Institute's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works