Cary Institute Of Ecosystem Studies Inc
- Assets
- $141.8m
- Revenue
- $7.4m
- Investments
- $107.9m
- Employees
- 103
- Location
- Millbrook, NY
- Founding
- 06/1993
- Data as of
- 06/2023
- EIN
- 22-3232968
Organization Overview
Cary Institute Of Ecosystem Studies Inc is located in Millbrook, NY. The organization was established in 1993. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. As of 06/2023, Cary Institute Of Ecosystem Studies Inc employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cary Institute Of Ecosystem Studies Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Cary Institute Of Ecosystem Studies Inc generated $7.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $14.3m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ECOLOGICAL RESEARCH & EDUCATION
Describe the Organization's Program Activity:
RESEARCH - UNBIASED ENVIRONMENTAL RESEARCH TO ADVANCE UNDERSTANDING OF ECOLOGICAL SYSTEMS AND CLIMATE CHANGE. WE PROVIDE SOLUTIONS FOR ENVIRONMENTAL PROBLEMS. OUR STAFF ARE GLOBAL EXPERTS IN THE ECOLOGY OF CITIES, DISEASE, FORESTS AND FRESHWATER.
ALL OTHER PROGRAMS INCLUDING GROUNDS, AUXILIARY AND LIBRARY - MAINTENANCE OF THE 2000 ACRE CAMPUS USED FOR RESEARCH, EDUCATION AND OUTREACH, HOUSING FOR VISITING SCIENTISTS AND STAFF AND A 10,000 VOLUME LIBRARY THAT INCLUDES WEB OF SCIENCE AND ECOLOGY REFERENCE SERVICES.
EDUCATION - INNOVATIVE EDUCATION PROGRAMS TO PROMOTE ECOLITERACY FOR ALL AGES. WE SERVE K-12 STUDENTS AND TEACHERS THROUGH SCHOOL PROGRAMS, SUMMER CAMP, DATA JAMS, TEACHER WORKSHOPS AND CURRICULUM. WE PROVIDE RESEARCH EXPERIENCE FOR UNDERGRADUATE STUDENTS. WE OFFER RESEARCH EXPERIENCE, COURSES AND MENTORING FOR GRADUATE STUDENTS.
OUTREACH - TRANSLATE SCIENCE IN MANY WAYS THAT ADVANCE THE PUBLIC'S UNDERSTANDING OF ENVIRONMENTAL ISSUES AND INFORM PUBLIC POLICY. WE SHARE OUR FINDINGS WIDELY AND PROVIDE LECTURES, FORUMS, TOURS, FIELD GUIDES AND MAPS TO RESEARCH OUR PROPERTY. OUR PROGRAMS ARE GENERALLY FREE AND OPEN TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott J Ulm Chair | OfficerTrustee | 1 | $0 |
Elizabeth M Hewitt Vice Chair | OfficerTrustee | 1 | $0 |
Soohyung Kim Co-Vice Chair | OfficerTrustee | 1 | $0 |
Robbianne Mackin Mfr Secretary | OfficerTrustee | 1 | $0 |
Kim M Wieland Treasurer | OfficerTrustee | 1 | $0 |
Edward A Ames Board Of Trustees Through 11/22 | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Consigli Construction Construction Management | 6/29/23 | $555,312 |
Hall Capital Investment Consulting | 6/29/23 | $404,064 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $33,119 |
| Related organizations | $0 |
| Government grants | $3,891,774 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,841,555 |
| Noncash contributions included in lines 1a–1f | $35,283 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,766,448 |
| Total Program Service Revenue | $173,084 |
| Investment income | $205,826 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,119,432 |
| Net Income from Fundraising Events | $15,008 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,403,819 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $45,926 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $779,019 |
| Compensation of current officers, directors, key employees. | $668,749 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,444,818 |
| Pension plan accruals and contributions | $423,270 |
| Other employee benefits | $1,457,775 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,314 |
| Fees for services: Accounting | $97,726 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,011,511 |
| Fees for services: Other | $1,019,876 |
| Advertising and promotion | $0 |
| Office expenses | $298,317 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $162,399 |
| Travel | $322,660 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,153 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,178,148 |
| Insurance | $270,376 |
| All other expenses | $10,304 |
| Total functional expenses | $14,320,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $699,545 |
| Pledges and grants receivable | $1,333,390 |
| Accounts receivable, net | $66,081 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $254,328 |
| Net Land, buildings, and equipment | $18,667,090 |
| Investments—publicly traded securities | $12,831,117 |
| Investments—other securities | $107,899,716 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $141,751,267 |
| Accounts payable and accrued expenses | $256,755 |
| Grants payable | $0 |
| Deferred revenue | $1,181,892 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $4,621 |
| Other liabilities | $652,597 |
| Total liabilities | $2,095,865 |
| Net assets without donor restrictions | $45,672,715 |
| Net assets with donor restrictions | $93,982,687 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $141,751,267 |