Marine Science Institute
- Assets
- $4.6m
- Revenue
- $3.7m
- Investments
- $3.4k
- Employees
- 44
- Location
- Redwood City, CA
- Founding
- 06/1971
- Data as of
- 08/2023
- EIN
- 94-1719649
Organization Overview
Marine Science Institute is located in Redwood City, CA. 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 08/2023, Marine Science Institute employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marine Science 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 08/2023, Marine Science Institute generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $2.3m during the year ending 08/2023. While expenses have increased by 3.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CULTIVATE A RESPONSIBILITY FOR THE NATURAL ENVIRONMENT AND OUR HUMAN COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISCOVERY VOYAGE - THIS PROGRAM PRIMARILY CONSISTS OF FOUR HOUR EXPEDITIONS OF THE SAN FRANCISCO BAY ABOARD THE 90-FOOT RESEARCH VESSEL, THE R.V. ROBERT G. BROWNLEE AND DISCOVER THE LIFE IN THE ESTUARY AND HOW WE ARE CONNECTED TO IT. STUDENTS ROTATE THROUGH 3 OR 4 STATIONS USING SCIENTIFIC METHODS AND EQUIPMENT TO EXAMINE DIFFERENT TYPES OF LIFE.
MARINE CAMP - THIS IS A SUMMER DAY CAMP FOR CHILDREN THAT RUNS FOR 9 WEEKS, 5 DAYS/WEEK, AND 7 HOURS/DAY FROM JUNE TO AUGUST. CAMPERS SIGN-UP FOR WEEKLY SESSIONS. THIS PROGRAM DEVELOPS CAMPERS CURIOSITY AND ENTHUSIASM FOR LEARNING ABOUT, AND CARING FOR, THE ENVIRONMENT. LED BY OUR EXPERIENCED SCIENCE INSTRUCTORS, CAMPERS DISCOVER LOCAL HABITATS AND ANIMALS AT OUR REDWOOD CITY SITE AND THROUGH FIELD TRIPS ACROSS THE BAY AREA, INCLUDING A DAY-LONG TRIP ABOARD OUR RESEARCH VESSEL, THEROBERT G. BROWNLEE.
LAND PROGRAMS - THESE PROGRAMS CONSIST OF A VARIETY OF INDOOR AND OUTDOOR EDUCATIONAL ACTIVITIES THAT TAKE PLACE AT OUR FACILITIES IN REDWOOD CITY, SCHOOL CAMPUSES, AND OTHER LOCATIONS. STUDENTS LEARN ABOUT LOCAL MARINE ENVIRONMENTS AND THE ORGANISMS THAT LIVE IN THEM THROUGH A COMBINATION OF HANDS-ON INVESTIGATION AND INQUIRY-BASED LEARNING ACTIVITIES. THEY INTERACT WITH ARTIFACTS AND LIVE ANIMALS WHILE DEVELOPING TEAMWORK AND CRITICAL THINKING SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilou Seiff Executive Director | Officer | 40 | $119,805 |
Clark Money Board Chair | Trustee | 5 | $0 |
Tim Davis Secretary | Trustee | 1 | $0 |
James Roberts Treasurer/cfo | Trustee | 5 | $0 |
Julian Osinski Board Director | Trustee | 1 | $0 |
Jack Spallino Board Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $35,373 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $197,815 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,948,746 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,181,934 |
| Total Program Service Revenue | $1,514,268 |
| 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 | $3,731,525 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $119,805 |
| Compensation of current officers, directors, key employees. | $119,805 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,267,015 |
| Pension plan accruals and contributions | $33,555 |
| Other employee benefits | $44,931 |
| Payroll taxes | $111,361 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,507 |
| Fees for services: Accounting | $11,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,591 |
| Advertising and promotion | $0 |
| Office expenses | $92,018 |
| Information technology | $21,794 |
| Royalties | $0 |
| Occupancy | $50,101 |
| Travel | $138,618 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,159 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $268,652 |
| Insurance | $57,093 |
| All other expenses | $0 |
| Total functional expenses | $2,345,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,500 |
| Savings and temporary cash investments | $1,428,038 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,436 |
| 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 | $25,082 |
| Net Land, buildings, and equipment | $2,696,575 |
| Investments—publicly traded securities | $158,982 |
| Investments—other securities | $3,447 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,623,060 |
| Accounts payable and accrued expenses | $84,782 |
| Grants payable | $0 |
| Deferred revenue | $107,859 |
| 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 | $192,641 |
| Net assets without donor restrictions | $3,096,669 |
| Net assets with donor restrictions | $1,333,750 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,623,060 |