World Ocean Observatory
- Assets
- $133.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sedgwick, ME
- Founding
- 07/2014
- Data as of
- 12/2021
- 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 12/2021, World Ocean Observatory generated $184.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $130.5k during the year ending 12/2021. While expenses have increased by 10.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTING THE IMPORTANCE OF CONSERVING MARINE RESOURCES AND OCEAN LITERACY. REACHED THE FOLLOWING MILESTONES: 630 EDITIONS OF WORLD OCEAN RADIO, 7 VOLUMES OF OUR DIGITAL MAGAZINE WORLD OCEAN JOURNAL, AND MORE THAN 900,000 FOLLOWERS ON FACEBOOK PLUS MANY OTHERS THROUGH ADDITIONAL SOCIAL MEDIA PLATFORMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trisha Badger Secretary | 35 | $60,054 | |
Robert Neill III Treasurer | 30 | $0 | |
Mary Barnes Director | 1 | $0 | |
Matthew Murphy 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 | $184,648 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $184,658 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $70,155 |
| Professional fees and other payments to independent contractors | $3,675 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,052 |
| Other expenses | $55,667 |
| Total expenses | $130,549 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,864 |
| Other assets | $0 |
| Total assets | $133,864 |
| Total liabilities | $452 |
| Net assets or fund balances | $133,412 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that World Ocean Observatory has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
De La Cour Family Foundation Glen Cove, NY PURPOSE: TO HELP FUND THE RECIPIENTS OPERATING BUDGET | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tidewater Conservation Foundation Portland, ME | $0 | $1,700 |
Natural Resources Council Inc Augusta, ME | $17,815,434 | $6,085,741 |
Schoodic Institute At Acadia National Park Winter Harbor, ME | $5,755,184 | $2,708,805 |
Audubon Society Of New Hampshire Concord, NH | $20,426,605 | $3,024,550 |
Belgrade Regional Conservation Alliance Inc Belgrade Lakes, ME | $3,669,200 | $1,663,559 |
Harris Center For Conservation Education Inc Hancock, NH | $18,015,724 | $2,467,355 |
Maine Island Trail Association Portland, ME | $2,260,128 | $1,171,907 |
Loon Preservation Committee Moultonborough, NH | $3,314,932 | $1,265,204 |
Wood Island Life Saving Station Association Kittery Point, ME | $125,188 | $920,228 |
Lakes Region Conservation Trust Center Harbor, NH | $35,709,827 | $1,467,819 |
Laudholm Trust Wells, ME | $11,093,947 | $1,024,210 |
Legado Inc Jackson, NH | $555,888 | $807,224 |