Ocean Voyages Institute is located in Sausalito, CA. The organization was established in 1980. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, 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. Ocean Voyages 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 12/2021, Ocean Voyages Institute generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 48.4% each year . All expenses for the organization totaled $405.0k during the year ending 12/2021. While expenses have increased by 23.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE INSTITUTE IS PRESERVATION OF THE MARITIME ARTS AND SCIENCES, OCEAN ENVIRONMENT AND ISLAND CULTURES. OVER THE LAST COUPLE OF YEARS, A PRIMARY PROGRAM HAS INVOLVED SOLUTIONS FOR MARINE DEBRIS ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, OCEAN VOYAGES INSTITUTE CONTINUED FOCUSING OUR PROGRAMS IN THE AREAS OF OCEAN CLEANUP (REMOVING PLASTIC POLLUTION FROM THE OCEAN), PRESERVATION OF THE MARINE ENVIRONMENT, THE MARITIME ARTS AND SCIENCES, AND ISLAND CULTURES. OUR OCEAN CLEANUP EFFORTS IN 2021 INCLUDED PANAMA AND COSTA RICA AS WELL AS AN EXPEDITION IN THE NORTH PACIFIC SUBTROPICAL CONVERGENCE ZONE AREA, (NORTH PACIFIC GYRE) WHERE WE DID A TAGGING EXPEDITION WITH OUR GPS SATELLITE TRACKERS AS WELL AS PICKING UP SOME NETS FOR CLEANUP. IN FUTURE YEARS WE EXPECT TO BE CONTINUING OUR CLEANUPS IN THE NORTH PACIFIC GYRE DURING THE SUMMER SEASONS AND ADDING CLEANUPS IN THE PANAMA/COSTA RICA/COLUMBIA AND ECUADOR AREAS DURING THE WINTER MONTHS.WE ARE PLEASED TO HAVE CONTINUING SUCCESS IN FULFILLING OUR COMMITMENT THAT 100% OF THE PLASTIC WE REMOVE FROM THE OCEAN IS UPCYCLED/RECYCLED/REPURPOSED . WE ARE COMMITTED TO INSURING NONE OF THE PLASTIC ENDS UP BACK IN THE OCEAN OR IN A LANDFILL. IN ADDITION TO OUR DIRECT REMOVAL WORK OF COLLECTING DERELICT FISHING GEAR AND CONSUMER DEBRIS AS WELL AS DORIES, SKIFFS AND SMALL VESSELS FOUND IN THE GYRE AREAS. WE CONTINUE TO FOCUS ATTENTION ON EDUCATING PEOPLE ABOUT THE IMPORTANCE OF KEEPING PLASTICS OUT OF OUR NATURAL ENVIRONMENT, RIVERS, BEACHES, OCEANS, ETC. OCEAN VOYAGES INSTITUTE EDUCATES THROUGH LECTURES, FILM, ATTENDING & PARTICIPATING IN VARIETY OF ENVIRONMENTAL AND OCEAN CONFERENCES/EVENTS, SOCIAL MEDIA AND COLLABORATION WITH VARIOUS OTHER NON-PROFITS AND EDUCATIONAL INSTITUTIONS. WE WORK WITH A NETWORK OF TEACHERS AND STUDENTS THROUGHOUT THE U.S. AND INTERNATIONALLY. WE OFFER INFORMATION AND COLLABORATION WITH MANY ORGANIZATIONS. EDUCATING THE PUBLIC THOUGH LECTURES, EVENTS, SOCIAL MEDIA, INFORMATIVE FILM & VIDEO PUBLICATIONS ABOUT THE IMPORTANCE OF A HEALTHY OCEAN FOR OUR OWN HEALTH AND THE HEALTH OF OUR PLANET. IN 2020 WE CONTINUED OUR GPS SATELLITE TRACKER PROGRAM WHERE WE DISTRIBUTE GPS SATELLITE TRACKERS TO YACHTS AND SHIPS TRAVELING THROUGH THE NORTH PACIFIC SUB TROPICAL CONVERGENCE ZONE/GARBAGE GYRE FOR THEM TO USE TAGGING GHOST NETS. THIS ALLOWS US TO LEARN MORE ABOUT DEBRIS DISTRIBUTION AND ALLOWS US TO BE EFFICIENT IN OUR CLEANUP OF THESE HUGE NETS. IN 2021 SOME OF OUR GPS SATELLITE TRACKERS WERE TAGGED ON DEBRIS THAT MOST LIKELY CAME FROM CONTAINER SPILLS. THESE FINDINGS CONTRIBUTED TO THE EXCELLENT WORK OF OUR ASSOCIATES AT THE UNIVERSITY HAWAII SOEST.OUR EFFORTS ARE FOCUSED BOTH ON STOPPING THE FLOW OF PLASTICS INTO THE OCEAN AND TO ENCOURAGE MORE CLEAN UPS, IN PARKS, RIVERS, BEACHES, AND AT SEA. WE NEED TO CHANGE THE AMOUNT OF DISPOSABLE PLASTICS THAT ARE UTILIZED IN OUR WORLD AND ULTIMATELY END UP IN OUR OCEAN. WE NEED TO LIMIT WAYS OF USING PLASTIC FOR THINGS WE KEEP AND DO NOT DISPOSE OF SUCH AS RAILROAD TIES, CONSTRUCTION, INSULATION BOARDS, ETC. AND STOP THE PROLIFERATION OF THROW AWAY PLASTIC KNIVES, FORKS, PLATES, CUPS, BAGS, ETC.AND THE DESTRUCTIVE NETS THAT LAST FOR DECADES.OUR OCEAN IS BECOMING CLOGGED WITH OUR GARBAGE, MOST SPECIFICALLY PLASTIC GARBAGE/DEBRIS. AT THE UNITED NATIONS CONFERENCE ON OCEANS IN JUNE OF 2017, THE PLASTIC DEBRIS IN OUR OCEAN WAS CONSIDERED THE MAIN ENVIRONMENTAL ISSUE FACING US TODAY. THE HEALTH OF OUR OCEANS ARE DETERIORATING AND OCEAN CREATURES RANGING FROM FISH TO SEA TURTLES TO PORPOISES TO WHALES ARE BEING KILLED BY OUR PLASTIC GARBAGE. WE ARE CURRENTLY FOCUSING PARTICULARLY ON THE AREA OF GHOST NETS AND ARE WORKING COLLABORATIVELY WITH TEAMS AT THE UNIVERSITY OF HAWAII AND ELSEWHERE. IN ADDITION TO OUR ACTIVE OCEAN CLEANUP WORK, OUR "THINK TANK" CONTINUES TO WORK ON THE DEVELOPMENT OF THE MOST EFFICIENT METHODS OF OCEAN CLEAN UP EQUIPMENT FOR DIFFERENT TYPES OF OCEAN PLASTICS. WE CONTINUE TO WORK WITH OUR FILM FOOTAGE AND PROJECTS ON OUR DOCUMENTARY FILM PROJECTS AND FILM CLIPS USED FOR LECTURES AND GENERAL EDUCATION. WE GIVE PRESENTATIONS RANGING FROM GROUPS SUCH AS THE SOCIETY OF WOMEN GEOGRAPHERS TO SCHOOL GROUPS AT ALL LEVELS TO YACHT CLUBS AND AT A RANGE OF OCEAN EVENTS. WE WORK WITH AND COLLABORATE WITH EXPERTS AROUND THE WORLD TO ADVOCATE FOR SUCCESSFUL AT SEA CLEANUPS. WE ALSO CONTINUE OUR LOCAL WORK ON PRESERVING THE MARITIME HISTORY OF SAUSALITO, CALIFORNIA WHERE WE ARE BASED AND OTHER PARTS OF THE WORLD SUCH AS THE ADRIATIC SEA, HAWAIIAN ISLANDS,ETC...
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann Nichols Director | Trustee | 0.5 | $0 |
Mary T Crowley Director | Trustee | 25 | $0 |
Conrad Gann Director | Trustee | 1 | $0 |
John Grant Crowley Director | Trustee | 1 | $0 |
Ryan Yerkey Director | Trustee | 12 | $0 |
Ann Rundle Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,118,551 |
Noncash contributions included in lines 1a–1f | $1,500,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,118,551 |
Total Program Service Revenue | $0 |
Investment income | $110 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$215 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,118,446 |
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. | $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 | $1,950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,850 |
Advertising and promotion | $189 |
Office expenses | $12,981 |
Information technology | $9,086 |
Royalties | $0 |
Occupancy | $12,000 |
Travel | $14,782 |
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 | $21,612 |
All other expenses | $0 |
Total functional expenses | $405,017 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $916,040 |
Savings and temporary cash investments | $20,385 |
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 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $3,313 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $2,843 |
Other assets | $2,700,000 |
Total assets | $3,642,581 |
Accounts payable and accrued expenses | $4,552 |
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 | $243,880 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $248,432 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $3,394,149 |
Total liabilities and net assets/fund balances | $3,642,581 |
Over the last fiscal year, we have identified 8 grants that Ocean Voyages Institute has recieved totaling $280,899.
Awarding Organization | Amount |
---|---|
Organization Name not Listed PURPOSE: PUBLIC SUPPORT | | $105,399 |
Milton & Tamar Maltz Family Foundation Inc Beachwood, OH PURPOSE: PROJECT SUPPORT | $50,000 |
Tides Foundation San Francisco, CA PURPOSE: SUSTAINABLE ENVIRONMENT | $30,000 |
The Mental Insight Foundation Sonoma, CA PURPOSE: CHARITABLE | $30,000 |
Ladybug Foundation Inc Louisville, CO PURPOSE: PROJECT/PROGRAM SUPPORT - OCEAN CLEANUP PROGRAM | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $20,500 |
Organization Name | Assets | Revenue |
---|---|---|
Pacific Neuroscience Institute Foundation Santa Monica, CA | $44,018,934 | $3,212,704 |
Institute Of Noetic Sciences Petaluma, CA | $8,537,832 | $4,201,204 |
Center For Humane Technology San Francisco, CA | $2,666,587 | $2,332,710 |
Berkeley Geochronology Center Berkeley, CA | $3,272,746 | $1,536,625 |
Redwood Research Group Inc Berkeley, CA | $14,523,608 | $13,904,248 |
Foundation For Psycho-Cultural Research Pacific Palisades, CA | $13,036,074 | $1,164,013 |
Technology For Global Security Oakland, CA | $990,141 | $1,457,910 |
Dryad Davis, CA | $1,117,045 | $1,122,775 |
Human Biomolecular Research San Diego, CA | $4,701,107 | $636,157 |
Oarc Inc Belmont, CA | $1,005,141 | $888,336 |
Scientific Being Research Foundation Inc San Diego, CA | $0 | $408,541 |
Larta Institute Los Angeles, CA | $3,232,560 | $530,097 |