Gulf of Maine Research Institute
Gulf of Maine Research Institute reported $23.3 million in revenue and $19.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $67.87 went to program services, $25.05 to management and general costs and $7.08 to fundraising. Its largest source of revenue was contributions and grants: 90.1% of the total. Government grants made up 57.4%. The highest compensation it reported for one person was $452,220 (PRESIDENT/CEO THRU12/31/23). 21 people received more than $100,000 in reportable compensation. Revenue rose 46% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $19MFor context, the median across 245 covered animal-related charities: $83.96 programs, $9.42 management, $6.62 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $23MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 67.9% | 82.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 25.1% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 7.1% | 6.5% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.07 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 90.1% | 67.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 57.4% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 4.7% | 19.3% |
| Highest reported compensation Part VII-A, columns D–F | $452,220 | $314,886 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.34% | 1.63% |
| People paid over $100,000 Part VII, line 2 | 21 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 27.8 | 26.8 |
| Independent voting board members Part VI 1a–1b | 22 of 22 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseResearch that deepens our scientific understanding of the Gulf of Maine ecosystem and economy
Hands-on science learning experiences for students and adults and support for maine's science educators
Support for the communities that depend on the Gulf of Maine, including fishermen, aquaculturists, and seafood supply chain businesses
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO THRU12/31/23 Former, 0.00 hrs/week | $451,198 | $0 | $1,022 | $452,220 |
| PRESIDENT/CEO Officer, 40.00 hrs/week | $371,136 | $0 | $8,887 | $380,023 |
| CHIEF VENTURES OFFICER Key employee, 40.00 hrs/week | $307,355 | $0 | $26,182 | $333,537 |
| CHIEF SCIENTIFIC OFFICER Highest compensated employee, 40.00 hrs/week | $192,017 | $0 | $15,674 | $207,691 |
| CHIEF OPERATING OFFICER Officer, 40.00 hrs/week | $198,907 | $0 | $4,914 | $203,821 |
| CHIEF EDUCATION OFFICER Highest compensated employee, 40.00 hrs/week | $185,333 | $0 | $17,461 | $202,794 |
| CLIMATE CENTER DIRECTOR Highest compensated employee, 40.00 hrs/week | $175,355 | $0 | $22,068 | $197,423 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $180,020 | $0 | $10,295 | $190,315 |
21 people received more than $100,000 in reportable compensation from Gulf of Maine Research Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b22 · 22 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5130
- Volunteers Part I, line 624
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| NORTHEASTERN UNIVERSITY Subaward payments | $377,311 |
| CUSTOM COACH Bussing students for labventure program | $252,244 |
| EDUCATION DEVELOPMENT CENTER Subaward payments on nasa grant | $228,046 |
| UPSWELL Cohen center new programming and other s | $201,197 |
| UNIVERSITY OF MAINE Subaward payments | $187,954 |
Individuals listed as contractors are left out. 13 contractors were paid more than $100,000 in all.
Private foundation grants it received
59 private foundations reported grants to Gulf of Maine Research Institute totaling $3.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Gulf of Maine Research Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Gulf of Maine Research Institute, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Gulf of Maine Research Institute spent in FY2025, $67.87 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Norristown Zoological SocietyNorristown, PA · revenue $23M · programs 88.9% · 2025
- Mercy for AnimalsLos Angeles, CA · revenue $23M · programs 75.8% · 2024
- San Francisco Zoological SocietySan Francisco, CA · revenue $23M · programs 85.9% · FY2025
- Delta Waterfowl FoundationBismarck, ND · revenue $24M · programs 85.6% · FY2025
- Sedgwick County Zoological SocietyWichita, KS · revenue $23M · programs 91.1% · 2024
Questions people ask
How much of Gulf of Maine Research Institute's spending goes to programs?
In the fiscal year ending June 30, 2025, Gulf of Maine Research Institute reported that 67.9% of its $19.4 million in expenses went to program services, 25.1% to management and general and 7.1% to fundraising (Form 990, Part IX).
How much does Gulf of Maine Research Institute pay its top executive?
The largest total compensation Gulf of Maine Research Institute reported for one person in the fiscal year ending June 30, 2025 was $452,220, for the role of PRESIDENT/CEO THRU12/31/23 (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Gulf of Maine Research Institute get its money?
Of $23.3 million in revenue in the fiscal year ending June 30, 2025, 90.1% came from contributions and grants (including 57.4% from government grants) and 4.7% from program service revenue (Form 990, Part VIII).
Is Gulf of Maine Research Institute a registered charity?
The IRS lists EIN 01-0504905 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601339349305555 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530649349301608 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202420609349301322 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349307243 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220829349300802 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120539349300802 · read the filing
All filings for EIN 01-0504905: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.