World Ocean Observatory
- Assets
- $23.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sedgwick, ME
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-5693943
Organization Overview
World Ocean Observatory is located in Sedgwick, ME. The organization was established in 2014. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Ocean Observatory 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 12/2023, World Ocean Observatory generated $127.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $172.6k during the year ending 12/2023. While expenses have increased by 10.2% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTING THE IMPORTANCE OF OCEAN LITERACY AND THE UNDERSTANDING OF THE IMPORTANCE OF MARINE RESOURCES, FRESH WATER AND COASTAL ISSUES. REACHED THE FOLLOWING MILESTONES: 680 EDITIONS OF WORLD OCEAN RADIO, 7 VOLUMES OF WORLD OCEAN JOURNAL DIGITAL MAGAZINE, MONTHLY FEATURES ON WORLD OCEAN FORUM BLOG, AND CREATION OF TWO UNIQUE VIRTUAL EXHIBITS WITHIN THE WORLD OCEAN EXPLORER VIRTUAL AQUARIUM: DEEP SEA AND THE HUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Neill III Treasurer | 30 | $0 | |
Mary Barnes Director | 1 | $0 | |
Trisha Badger Secretary | 35 | $0 | |
Andrew Hudson Director | 1 | $0 | |
Tundi Agardy Director | 1 | $0 | |
Wendy Watson-Wright Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,278 |
| Total Program Service Revenue | $5,400 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,684 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $91,175 |
| Professional fees and other payments to independent contractors | $4,207 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,250 |
| Other expenses | $73,961 |
| Total expenses | $172,593 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,503 |
| Other assets | $0 |
| Total assets | $23,503 |
| Total liabilities | $16,296 |
| Net assets or fund balances | $7,207 |