Cause IQ organization profile

Woods Hole Oceanographic Institution (WHOI)

WHOI is a biological research center based in Woods Hole, MA that was founded in 1930. As of 2018 they had $204 million in revenue and $586 million in assets.

Woods Hole Oceanographic Institution (WHOI) is the world's largest private, nonprofit ocean research, engineering and education organization.

EIN:

04-2105850

City:

State:

Metro:

Website:

Phone:

(508) 289-2252

Twitter:

@whoimedia

Founded:

1930

Type:

501(c)(3)

NTEE:

U50: Biology and life sciences research centers

Revenue:

$204,987,861

Assets:

$586,972,995

Employees:

1,104

Fiscal year end:

December

Revenue trends:

Asset trends:

Program areas at WHOI

Sponsored and Institutional Research in oceanography and related fields: Of the 1105 Sponsored Research Awards, 475 awards are from 7 Federal agencies and 630 are from 166 other sponsors. Institution Research sponsored 93 projects from unrestricted funds. In addition, Woods Hole Oceanographic Institution issued 487 publications in 2017.

Education: Joint Graduate Program with M.I.T. in the marine sciences. In 2017 there were 108 Graduate Students, 34 degree recipients, 49 Post Doctoral Scholars and Fellows, 11 Geophysical Fluid Dynamics Program participants, 30 Summer Student Fellows, and 136 Guest Students.

Form 990s for WHOI

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 WHOI

Field	2017	2016	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$154,057,870	$166,347,303	-7.4%
Normal grants, contributions, etc.	$37,051,144	$40,253,135	-8.0%
<em>Non-cash contributions included in above</em>	$1,524,007	$460,241	231.1%
Total grants, contributions, etc.	$191,109,014	$206,600,438	-7.5%

Field	2017	2016	% Change
Total grants, contributions, etc.	$191,109,014	$206,600,438	-7.5%
Program services	$9,664,641	$6,977,967	38.5%
Investment income and dividends	$38,850	$18,275	112.6%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$83,025	$349,450	-76.2%
Net rental income	$255,295	$228,045	11.9%
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	$3,837,036	$1,553,142	147.0%
Total revenues	$204,987,861	$215,727,317	-5.0%

Field	2017	2016	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$8,107,631	$9,016,343	-10.1%
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$1,898,218	$1,562,991	21.4%
Compensation not included above, to disqualified persons	$191,453	$256,842	-25.5%
Non-officer salaries and wages	$67,575,590	$65,023,479	3.9%
Pension/retirement accruals and contributions	$15,197,003	$13,915,000	9.2%
Other employee benefits	$12,623,844	$10,298,952	22.6%
Payroll taxes	$5,171,324	$4,918,090	5.1%
Management fees	$2,250,250	$1,706,050	31.9%
Legal fees	$958,602	$628,333	52.6%
Accounting fees	$599,788	$603,172	-0.6%
Lobbying fees	$0	$0
Pro. fundraising fees	$64,080	$71,567	-10.5%
Investment mgmt fees	$2,853,283	$2,883,536	-1.0%
Other fee-for-service	$768,561	$766,432	0.3%
Advertising and promotion	$337,670	$363,998	-7.2%
Office expenses	$11,725,138	$19,737,896	-40.6%
Information tech. expenses	$992,507	$617,603	60.7%
Royalty expenses	$0	$0
Occupancy	$3,626,106	$4,616,328	-21.5%
Travel	$4,332,235	$5,882,259	-26.4%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$0
Interest	$4,102,013	$4,494,290	-8.7%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$9,558,733	$10,084,246	-5.2%
Insurance	$4,190,080	$4,360,922	-3.9%
All other expenses	$64,414,833	$74,559,752	-13.6%
Total expenses	$221,538,942	$236,368,081	-6.3%

Field	2017	2016	% Change
Cash (non-interest-bearing)	$-1,621,961	$-562,938	-188.1%
Savings, short-term investments, etc.	$25,400,884	$21,782,882	16.6%
Pledges and grants receivable	$6,317,664	$3,044,822	107.5%
Accounts receivable	$42,925,527	$46,335,934	-7.4%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$630,523	$607,432	3.8%
Inventories for use	$2,190,955	$1,960,834	11.7%
Prepaid expenses and deferred charges	$1,002,224	$11,273,659	-91.1%
Buildings, equipment, etc. post-depreciation	$85,026,648	$84,861,245	0.2%
Investments, publicly traded securities	$1,054,186	$3,787,887	-72.2%
Investments, other securities	$416,517,659	$392,184,813	6.2%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$7,528,686	$4,581,988	64.3%
Total assets	$586,972,995	$569,858,558	3.0%

Field	2017	2016	% Change
Accounts payable and accrued expenses	$33,169,829	$27,962,587	18.6%
Grants payable	$0	$0
Deferred revenue	$12,813,934	$12,580,510	1.9%
Tax-exempt bond liabilities	$50,517,761	$52,336,160	-3.5%
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	$11,000,000	$13,000,000	-15.4%
Other liabilities	$114,700,397	$125,660,507	-8.7%
Total liabilities	$222,201,921	$231,539,764	-4.0%

Field	2017	2016	% Change
Unrestricted net assets	$-19,161,390	$-25,044,464	23.5%
Temporarily restricted net assets	$285,508,326	$265,784,202	7.4%
Permanently restricted net assets	$98,424,138	$97,579,056	0.9%

Vendors for WHOI

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
████ █████████ █ █████ ██████ █████	Scientific Research	$4,252,933	2020-01-31
███████ ███ ███	Scientific Research	$2,802,987	2020-01-31
████ ███████ ███ ██████████	Scientific Research	$3,102,647	2020-01-31
██████████████████████ ███	Tax accounting; Audit accounting; Accounting (including auditing)	$56,510	2020-01-31
███████ █████████ ██████ ████████ ██████	Scientific Research	$5,894,923	2020-01-31
...and 39 more vendors

Personnel at WHOI

Name	Title	Compensation	Most recent data
Jeffrey Fernandez	Vice President Operations and Chief Financial Officer	$343,523	May 20, 2020
Christopher Land	Vice President Legal Affairs and Gen Counsel	$272,482	May 20, 2020
████████ ██ ██████ ███	Deputy Director and Vice President of Research	$316,668	Aug. 8, 2019
████ ██ ██████	President and Director	$456,651	May 20, 2020
████ █████████	Controller	-	Dec. 31, 2017
███████ █ ████████	Manager: Ar and Regulatory Compliance	-	July 17, 2019
█████ ██ ██████	Chairman of the Board / Chair of the Board	$0	May 20, 2020
█████████ ██ ██████	Vice Chairman of the Board / Vice Chair of the Board	$0	May 20, 2020
██████ ██ ████	Chairman of the Corporation	$0	May 20, 2020
████ ██ ██████████	Treasurer	$0	May 20, 2020
...and five 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	Urban Institute	501(c)(3)	$86 million	Washington, DC
3	Associated Universities	501(c)(3)	$110 million	Washington, DC
4	Population Council	501(c)(3)	$97 million	New York, NY
5	International Aids Vaccine Initiative	501(c)(3)	$77 million	New York, NY
6	Battelle Ecology (NEON)	501(c)(3)	$68 million	Boulder, CO
7	Institut Pasteur	501(c)(3)	$342 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	Stanley Manne Childrens Research Institute	501(c)(3)	$88 million	Chicago, IL
11	Southern Research Institute (SRI)	501(c)(3)	$73 million	Birmingham, AL
12	Salk Institute for Biological Studies	501(c)(3)	$142 million	La Jolla, CA
13	Fundacion De La Universidad Del Valle De Guatemala	501(c)(3)	$59 million	Guatemala,
14	Weizmann Institute of Science	501(c)(3)	$613 million	Israel,
15	The Rockefeller University	501(c)(3)	$496 million	New York, NY
16	Cold Spring Harbor Laboratory	501(c)(3)	$212 million	Cold Spring Harbor, NY
17	Centro International de Agricultura Tropical (CIAT)	501(c)(3)	$85 million	Medley, FL
18	Oak Ridge Associated Universities (ORAU)	501(c)(3)	$92 million	Oak Ridge, TN
19	Institute for Defense Analyses (IDA)	501(c)(3)	$260 million	Alexandria, VA
20	International Potato Center (CIP)	501(c)(3)	$69 million	Peru,
21	National Academy of Sciences	501(c)(3)	$298 million	Washington, DC
22	Harvard Business Publishing Corporate Learning	501(c)(3)	$246 million	Brighton, MA
23	EdX	501(c)(3)	$59 million	Cambridge, MA
24	Education Development Center (EDC)	501(c)(3)	$155 million	Waltham, MA
25	National Fire Protection Association	501(c)(3)	$82 million	Quincy, MA

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Cause IQ organization profile

Woods Hole Oceanographic Institution (WHOI)

Program areas at WHOI

Form 990s for WHOI

Financials for WHOI

Vendors for WHOI

Personnel at WHOI

Peer biology and life sciences research centers

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