Southern California Marine Institute
- Assets
- $345.5k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Terminal Island, CA
- Founding
- 11/1995
- Data as of
- 06/2021
- EIN
- 33-0650013
Organization Overview
Southern California Marine Institute is located in Terminal Island, CA. The organization was established in 1995. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern California Marine Institute 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 06/2021, Southern California Marine Institute generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $1.3m during the year ending 06/2021. While expenses have increased by 23.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SOUTHERN CALIFORNIA MARINE INSTITUTE MISSION IS TO FOSTER MARINE RESEARCH AND EDUCATION, FOCUSING ON URBAN IMPACTS OF THE GREATER LOS ANGELES REGION ON THE COASTAL OCEAN. WE SEEK TO IMPROVE SCIENTIFIC UNDERSTANDING AND THE DEVELOPMENT OF SOLUTIONS THAT WILL ENABLE COASTAL WATERS AND WATERSHEDS TO THRIVE, ADAPT AND BECOME RESILIENT TO ONGOING ENVIRONMENTAL STRESSORS.
Describe the Organization's Program Activity:
SCMI PROVIDES EDUCATION IN MARINE SCIENCE AND HANDS-ON EXPERIENCE TO STUDENTS AT ALL LEVELS. SCMI RECOGNIZES THE IMPORTANCE OF DELIVERING COMPELLING AND EXCITING CONCEPTS IN MATH AND SCIENCE TO STUDENTS AT AN EARLY AGE. MARINE SCIENCE IS AN EXCELLENT EXPERTISE FROM MEMBER CAMPUSES, COORDINATING THEIR EFFORTS IN TO FACILITATE RESEARCH EFFORTS. SCMI PROVIDES EQUIPMENT, VESSELS, AND PERSONNEL TO PERFORM THE TASK NECESSARY TO ACHIEVE THE HIGHEST AND MOST EFFICACIOUS LEVEL OF RESEARCH.SCMI IS DEDICATED TO WORKING WITH NOT ONLY K-12, COMMUNITY COLLEGE, AND UNIVERSITY STUDENTS, BUT ALSO WITH THE GENERAL PUBLIC TO SEND A MESSAGE THAT THE OCEAN IS A BAROMETER REFLECTING HUMAN AND INDUSTRIAL ACTIVITIES.APPROXIMATELY 1,860 STUDENTS ARE SERVICED THRU OUR PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Christopher Lowe Director | Trustee | 0 | $0 |
Dr Steve Murray Director | Trustee | 0 | $0 |
Dr Daniel J Pondella II Director | Trustee | 0 | $0 |
Dr John Heidelberg President | OfficerTrustee | 0 | $0 |
Dr Larry Allen Director | Trustee | 0 | $0 |
Dr Tina Treude Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,303,739 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,303,762 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,240 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,886 |
| Travel | $72 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $67,711 |
| All other expenses | $0 |
| Total functional expenses | $1,303,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $298,276 |
| Savings and temporary cash investments | $47,273 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $345,549 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $345,549 |
| Total liabilities and net assets/fund balances | $345,549 |