The Perry Institute For Marine Science Inc

Organization Overview

The Perry Institute For Marine Science Inc is located in Waitsfield, VT. The organization was established in 1971. According to its NTEE Classification (U21) the organization is classified as: Marine Science & Oceanography, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Perry Institute For Marine Science Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Perry Institute For Marine Science 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, Perry Institute For Marine Science Inc generated $2.0m in total revenue. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 379.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO CONDUCT AND SUPPORT INNOVATIVE RESEARCH, CONSERVATION AND EDUCATION THAT RESULTS IN EFFECTIVE STEWARDSHIP OF OUR OCEANS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CORAL RESTORATION: THE PROGRAM IS AIMED AT RESTORING POPULATIONS OF CRITICALLY ENDANGERED CORAL SPECIES IN THE WIDER CARRIBEAN REGION AND CONDUCTING RESEARCH TO ADVANCE THE SCIENCE OF CORAL RESTORATION.


CORAL REEF ASSESSMENT: THE INSTITUTE IS ASSESSING CORAL REEF HEALTH THROUGHOUT THE BAHAMAS TO IDENTIFY KEY THREATS TO CORAL REEF HEALTH AND TO PROVIDE SCIENTIFIC SUPPORT FOR THE PLANNING, MANAGEMENT AND EVALUATION OF THE EFFICACY OF MARINE PROTECTED AREAS. THIS PROGRAM ALSO AIMS TO BUILD CAPACITY FOR CONDUCTING CORAL REEF HEALTH ASSESSMENTS BY HOSTING TRAINING WORKSHOPS AND EDUCATING THE GENERAL PUBLIC THROUGH VARIOUS MEDIA.


IMPROVED FISHERIES MANAGEMENT: THE INSTITUTE IS CONDUCTING RESEARCH AIMED AT IMPROVING THE MANAGEMENT OF BOTH TRADITIONAL BAHAMIAN FISHERIES (NASSAU GROUPER, QUEEN CONCH) AND EMERGING FISHERIES SUCH AS PARROTFISH, AND BIOPROSPECTING FOR NATURAL PRODUCTS DERIVED FROM SPONGES, SEA FANS AND OTHER ORGANISMS. THIS RESEARCH IS AIMED AT PROMOTING SUSTAINABLE HARVESTS THAT PRESERVE THE VIABILITY OF HARVESTED STOCKS AND PROMOTE ECOSYSTEM HEALTH. WE ARE ALSO ENGAGING LOCAL COMMUNITIES TO PROMOTE COMPLAINCE WITH FISHERIES REGULATIONS AND OTHER BEST PRACTICES TO MINIMIZE IMPACTS OF FISHING TO ECOSYSTEMS.


COMMUNITY CONSERVATION EDUCATION AND ACTION PROGRAM PROVIDES, EDUCATION, OUTREACH AND COMMUNITY ENGAGEMENT PROGRAMS THAT COMPLIMENT THE INSTITUTES RESEARCH PROGRAMS. THIS PROGRAM IS AIMED AT DEVELOPING CONSERVATION LEADERS AND PROMOTING CONSERVATION ACTIONS THROUGH TARGETED COMMUNICATIONS, TRAINING PROGRAMS TO BUILD CONSERVATION CAPACITY IN THE BAHAMAS, AND WORKING DIRECTLY WITH STAKEHOLDERS LIKE FISHERS AND DIVERS TO PROMOTE POSITIVE PRACTICES THAT PROMOTE HEALTHY MARINE ECOSYSTEMS.


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Board, Officers & Key Employees

Name (title)Compensation
Craig Dahlgren
Board Chair
$0
David Knight
Secretary
$0
Dr John Marr
Vice Chair
$0
Kent Carpenter
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $109,831
All other contributions, gifts, grants, and similar amounts not included above$1,714,119
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,823,950
Total Program Service Revenue$140,001
Investment income $0
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 $1,963,951

Grants Recieved

Over the last fiscal year, we have identified 6 grants that The Perry Institute For Marine Science Inc has recieved totaling $133,631.

Awarding OrganizationAmount
Globalgiving Foundation Inc

Washington, DC

PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS

$50,000
National Geographic Society

Washington, DC

PURPOSE: Research Grant

$49,566
Global Poverty Project Inc

New York, NY

PURPOSE: ACTIVIST - JUST CAUSE

$25,000
$8,000
Nm Morris Family Foundation

Bedford, NY

PURPOSE: GENERAL FUND

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$65
View Grant Recipient Profile

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