Gulf World Marine Institute Inc
- Assets
- $368.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Panama City Beach, FL
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 27-3137372
Organization Overview
Gulf World Marine Institute Inc is located in Panama City Beach, FL. The organization was established in 2012. According to its NTEE Classification (D33) the organization is classified as: Fisheries Resources, under the broad grouping of Animal-Related and related organizations. As of 12/2021, Gulf World Marine Institute Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulf World Marine Institute 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 12/2021, Gulf World Marine Institute Inc generated $122.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.2% each year . All expenses for the organization totaled $167.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDING AND OPERATIONAL ASSISTANCE AND SERVICES RELATED TO THE RESCUE AND REHABILITATION OF WILDLIFE AND TO PROVIDE SCIENTIFIC AND EDUATION OPPORTUNITIES RELATED TO SUCH WORK.
Describe the Organization's Program Activity:
Part 3
RESPOND TO SICK AND INJURED ANIMALS ON THE BEACH.
PROVIDE PUBLIC INFORMATION ABOUT CONSERVATION OF MARINE ANIMALS IN THE WILD.
SERVE AS EDUCATIONAL RESOURCE TO SCHOOLS THROUGHOUT THE PANHANDLE AND HELP FACILITATE AND DISSEMINATE OUR KNOWLEDGE AND DATA TO APPROVED RESEARCH PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Hardy President | 3 | $0 | |
Pamela George Vice President | 5 | $0 | |
Julia Cunningham Secretary | 2 | $0 | |
Michael Hill Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,107 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,107 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $95,450 |
| Professional fees and other payments to independent contractors | $10,018 |
| Occupancy, rent, utilities, and maintenance | $689 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,751 |
| Total expenses | $167,908 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $242,126 |
| Other assets | $0 |
| Total assets | $368,498 |
| Total liabilities | $0 |
| Net assets or fund balances | $368,498 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gulf World Marine Institute Inc has recieved totaling $5,741.
| Awarding Organization | Amount |
|---|---|
Sea Turtle Conservancy Gainesville, FL PURPOSE: Conservation | $5,582 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $159 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reef Ball Foundation Inc Athens, GA | $413,039 | $722,566 |
Gulf World Marine Institute Inc Panama City Beach, FL | $368,498 | $0 |
Gray Fishtag Research Inc Pompano Beach, FL | $169,729 | $0 |
Angler Action Foundation Lake Worth, FL | $32,696 | $0 |
Gulf And South Atlantic Fisheries Foundation Inc Mulberry, FL | $24,298 | $0 |
Gulf Coast Marine Life Center Inc Panama City Beach, FL | $397,459 | $0 |
Florida Keys Fishing Guides Foundation Inc Islamorada, FL | $78,485 | $40,447 |
Feed The Sea Inc Pompano Beach, FL | $50,000 | $50,000 |