Cause IQ organization profile

Woods Hole Oceanographic Institution

Woods Hole Oceanographic Institution is a biological research center based in Woods Hole, MA that was founded in 1930. As of 2019 they had $203 million in revenue and $598 million in assets.

EIN:

04-2105850

City:

State:

Metro:

Website:

Twitter:

Founded:

1930

Type:

501(c)(3)

NTEE:

U50: Biology and life sciences research centers

Revenue:

$203,711,976

Assets:

$598,068,698

Employees:

1,114

Fiscal year end:

December

Revenue trends:

Asset trends:

Program areas at Woods Hole Oceanographic Institution

Sponsored and institutional research in oceanography and related fields: of the 1,164 sponsored research awards, 462 awards are from 8 federal agencies and 702 are from 177 other sponsors. Institution research sponsored 112 projects from unrestricted funds. In addition, Woods Hole Oceanographic Institution issued 593 publications in 2018.

Education: joint graduate program with m.i.t. In the marine sciences. In 2018, there were 127 graduate students, 13 degree recipients, 49 post doctoral scholars and fellows, 11 geophysical fluid dynamics program participants, 33 summer student fellows and 167 guest students.

Form 990s for Woods Hole Oceanographic Institution

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Jan 31, 2020	990	View PDF
2017-12	Feb 21, 2019	990	View PDF
2016-12	Jan 18, 2018	990	View PDF
2015-12	Apr 6, 2017	990	View PDF
2014-12	Jan 21, 2016	990	View PDF
...and seven more Form 990 PDFs

Financials for Woods Hole Oceanographic Institution

Field	2018	2017	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$163,253,686	$154,057,870	6.0%
Normal grants, contributions, etc.	$32,277,014	$37,051,144	-12.9%
<em>Non-cash contributions included in above</em>	$1,774,434	$1,524,007	16.4%
Total grants, contributions, etc.	$195,530,700	$191,109,014	2.3%

Field	2018	2017	% Change
Total grants, contributions, etc.	$195,530,700	$191,109,014	2.3%
Program services	$6,662,663	$9,664,641	-31.1%
Investment income and dividends	$17,405	$38,850	-55.2%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$114,765	$83,025	38.2%
Net rental income	$226,357	$255,295	-11.3%
Net gain from sale of non-inventory assets	$0	$0
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$1,160,086	$3,837,036	-69.8%
Total revenues	$203,711,976	$204,987,861	-0.6%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$8,863,506	$8,107,631	9.3%
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$1,846,594	$1,898,218	-2.7%
Compensation not included above, to disqualified persons	$0	$191,453	-100%
Non-officer salaries and wages	$71,677,145	$67,575,590	6.1%
Pension/retirement accruals and contributions	$16,465,049	$15,197,003	8.3%
Other employee benefits	$14,600,682	$12,623,844	15.7%
Payroll taxes	$5,451,538	$5,171,324	5.4%
Management fees	$1,822,519	$2,250,250	-19.0%
Legal fees	$722,583	$958,602	-24.6%
Accounting fees	$570,146	$599,788	-4.9%
Lobbying fees	$96,317	$0	999%
Pro. fundraising fees	$53,390	$64,080	-16.7%
Investment mgmt fees	$2,740,037	$2,853,283	-4.0%
Other fee-for-service	$411,611	$768,561	-46.4%
Advertising and promotion	$330,443	$337,670	-2.1%
Office expenses	$12,797,111	$11,725,138	9.1%
Information tech. expenses	$1,110,081	$992,507	11.8%
Royalty expenses	$0	$0
Occupancy	$3,640,521	$3,626,106	0.4%
Travel	$4,989,344	$4,332,235	15.2%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$0
Interest	$3,826,670	$4,102,013	-6.7%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$9,945,722	$9,558,733	4.0%
Insurance	$4,117,073	$4,190,080	-1.7%
All other expenses	$61,595,408	$64,414,833	-4.4%
Total expenses	$227,673,490	$221,538,942	2.8%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$4,116,527	$-1,621,961	353.8%
Savings, short-term investments, etc.	$26,568,043	$25,400,884	4.6%
Pledges and grants receivable	$2,035,652	$6,317,664	-67.8%
Accounts receivable	$37,032,109	$42,925,527	-13.7%
Loans receivable from officers, directors, etc.	$11,876	$0	999%
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$634,952	$630,523	0.7%
Inventories for use	$3,320,626	$2,190,955	51.6%
Prepaid expenses and deferred charges	$1,554,387	$1,002,224	55.1%
Buildings, equipment, etc. post-depreciation	$87,925,607	$85,026,648	3.4%
Investments, publicly traded securities	$2,373,346	$1,054,186	125.1%
Investments, other securities	$394,810,156	$416,517,659	-5.2%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$37,685,417	$7,528,686	400.6%
Total assets	$598,068,698	$586,972,995	1.9%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$31,356,062	$33,169,829	-5.5%
Grants payable	$0	$0
Deferred revenue	$17,660,883	$12,813,934	37.8%
Tax-exempt bond liabilities	$85,390,159	$50,517,761	69.0%
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$7,000,000	$11,000,000	-36.4%
Other liabilities	$101,025,538	$114,700,397	-11.9%
Total liabilities	$242,432,642	$222,201,921	9.1%

Field	2018	2017	% Change
Unrestricted net assets	$5,015,520	$-19,161,390	126.2%
Temporarily restricted net assets	$250,191,560	$285,508,326	-12.4%
Permanently restricted net assets	$100,428,976	$98,424,138	2.0%

Vendors for Woods Hole Oceanographic Institution

Vendor	Services	Amount paid	Date
Kimbia	Fundraising software		2020-05-27
███████ ███ ████	Fundraising software; Payment processing		2020-05-27
█████████	Content management system software		2020-05-27
██████████████████████ ███	Tax accounting; Audit accounting		2020-01-31
███████ ███ ███	Scientific Research	$2,802,987	2020-01-31
███████ █████████ ██████ ████████ ██████	Scientific Research	$5,894,923	2020-01-31
████ █████████ █ █████ ██████ █████	Scientific Research	$4,252,933	2020-01-31
████ ███████ ███ ██████████	Scientific Research	$3,102,647	2020-01-31
...and 18 more vendors

Personnel at Woods Hole Oceanographic Institution

Name	Title	Compensation	Most recent data
Jeffrey Fernandez	Vice President Operations and Chief Financial Officer / Board Member	$353,193	May 20, 2020
Mark R. Abbott	President and Director	$474,715	May 20, 2020
████ █████████	Controller	-	Dec. 31, 2017
███████ █ ████████	Manager: Ar and Regulatory Compliance	-	July 17, 2019
███████████ ████	Board Member	$301,620	May 20, 2020
█████ ██ ██████	Chairman of the Board	$0	May 20, 2020
█████████ ██ ██████	Vice Chairman of the Board	$0	May 20, 2020
████ ██ ██████████	Treasurer	$0	May 20, 2020
██████ ██ ████	Chairman of the Corporation	$0	May 20, 2020
██████ ██ ███████	Chairman of Life Trustees	$0	Dec. 31, 2018
...and four more key personnel

Peer biology and life sciences research centers

	Name	Type	Revenue	Location
1	Institute for Advanced Study (IAS)	501(c)(3)	$61 million	Princeton, NJ
2	Population Council	501(c)(3)	$97 million	New York, NY
3	International Aids Vaccine Initiative	501(c)(3)	$77 million	New York, NY
4	Associated Universities	501(c)(3)	$110 million	Washington, DC
5	Urban Institute	501(c)(3)	$89 million	Washington, DC
6	Battelle Ecology (NEON)	501(c)(3)	$68 million	Boulder, CO
7	Institut Pasteur	501(c)(3)	$299 million	France,
8	Oklahoma Medical Research Foundation (OMRF)	501(c)(3)	$91 million	Oklahoma City, OK
9	Carnegie Science (CIS)	501(c)(3)	$90 million	Washington, DC
10	Salk Institute for Biological Studies	501(c)(3)	$142 million	La Jolla, CA
11	The Rockefeller University	501(c)(3)	$496 million	New York, NY
12	Weizmann Institute of Science	501(c)(3)	$613 million	Israel,
13	Cold Spring Harbor Laboratory	501(c)(3)	$212 million	Cold Spring Harbor, NY
14	Fundacion De La Universidad Del Valle De Guatemala	501(c)(3)	$56 million	Guatemala,
15	Stanley Manne Childrens Research Institute	501(c)(3)	$88 million	Chicago, IL
16	Southern Research Institute (SRI)	501(c)(3)	$73 million	Birmingham, AL
17	National Academy of Sciences	501(c)(3)	$298 million	Washington, DC
18	International Potato Center (CIP)	501(c)(3)	$69 million	Peru,
19	Centro International de Agricultura Tropical (CIAT)	501(c)(3)	$85 million	Medley, FL
20	Oak Ridge Associated Universities (ORAU)	501(c)(3)	$92 million	Oak Ridge, TN
21	Trustees for Harvard University	501(c)(3)	$53 million	Cambridge, MA
22	City Year	501(c)(3)	$160 million	Boston, MA
23	Action for Boston Community Development (ABCD)	501(c)(3)	$181 million	Boston, MA
24	Whitehead Institute for Biomedical Research	501(c)(3)	$83 million	Cambridge, MA
25	ISO New England (ISO-NE)	501(c)(3)	$193 million	Holyoke, MA

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Cause IQ organization profile

Woods Hole Oceanographic Institution

Program areas at Woods Hole Oceanographic Institution

Form 990s for Woods Hole Oceanographic Institution

Financials for Woods Hole Oceanographic Institution

Vendors for Woods Hole Oceanographic Institution

Personnel at Woods Hole Oceanographic Institution

Peer biology and life sciences research centers

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