Charity Impact Media

Home › Animal-related

Sea Research Foundation

Mystic, CT · EIN 06-1480300 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Sea Research Foundation reported $34.0 million in revenue and $32.4 million in expenses for calendar year 2025. Of every $100 it spent, $79.38 went to program services, $12.02 to management and general costs and $8.60 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 72.3% of the total. Government grants made up 14.1%. The highest compensation it reported for one person was $558,031 (PRESIDENT/ CEO). 26 people received more than $100,000 in reportable compensation. Revenue rose 27% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $32M

For 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

Calendar year 2025 · Form 990, Part VIII · total revenue $34M

Other revenue was negative: −$51,691. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 245 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
79.4%82.1%
Management & general
Part IX 25(C) ÷ 25(A)
12.0%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
8.6%6.5%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.35$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
23.7%67.3%
Government grants share of revenue
Part VIII 1e ÷ 12
14.1%0.0%
Program service revenue share
Part VIII 2g ÷ 12
72.3%19.3%
Highest reported compensation
Part VII-A, columns D–F
$558,031$314,886
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.72%1.63%
People paid over $100,000
Part VII, line 2
2610
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
18.326.8
Independent voting board members
Part VI 1a–1b
21 of 22100.0%

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

2025 · Form 990, Part III · the three largest programs by expense
$18M expenses · 68.3% of program spending · revenue $19M

The organization operates an aquarium which is open to the general public, programs include animal husbandry and rehabilitation for marine mammals, penguins, fishes and aquatic invertebrates. During 2025 there were approximately 742,000 visitors that came to the aquarium

$5.5M expenses · 21.3% of program spending · grants $77,502 · revenue $1.7M

The organization also supports education and research programs at the aquarium, and through traveling teachers' programs to students and their schools. During the calendar year 2025 approximately 106,000 students benefited from the education and research programs

$2.7M expenses · 10.4% of program spending · revenue $4.1M

Other visitor services provided by the organization promoting education, research, and learning about our ocean planet

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/ CEO
Officer, 40.00 hrs/week
$548,466$0$9,565$558,031
COO/CFO
Officer, 40.00 hrs/week
$378,961$0$38,052$417,013
SVP, ZOOLOGICAL OPERATIONS
Highest compensated employee, 40.00 hrs/week
$334,449$0$16,002$350,451
VP DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$339,487$0$3,796$343,283
SR VP OF FACILITIES AND CAPITAL PROJECT
Highest compensated employee, 40.00 hrs/week
$226,518$0$25,776$252,294
DIR. OF ANIMAL CARE AND WELFARE
Highest compensated employee, 40.00 hrs/week
$201,260$0$29,341$230,601
VP FINANCE
Highest compensated employee, 40.00 hrs/week
$195,492$0$30,165$225,657

26 people received more than $100,000 in reportable compensation from Sea Research Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $957K (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M2019202020212022202320242025$34M$32M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$34M$32M79.4%$49M$558,031
2024 ⓘ$32M$32M79.7%$47M$555,009
2023 ⓘ$33M$30M79.6%$47M$454,128
2022 ⓘ$33M$30M76.6%$43M$659,363
2021 ⓘ$40M$25M68.7%$41M$702,364
2020 ⓘ$26M$19M75.9%$25M$485,777
2019 ⓘ$27M$27M72.4%$18M$598,337

Governance answers, as filed

2025 · 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 · 21 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 5345
  • Volunteers Part I, line 61,180

Largest outside contractors

2025 · Form 990, Part VII, Section B · businesses only
A MISSING LINK
Hr consulting
$236,860
OVATIONS FOOD SERVICE
Food service
$166,776
BIRCH HORTON BITTNER & CHEROT
Legal services
$137,000

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

9 private foundations reported grants to Sea Research Foundation totaling $299K 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 Sea Research Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Sea Research Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All animal-related charities · Largest charities in Connecticut

Questions people ask

How much of Sea Research Foundation's spending goes to programs?

In calendar year 2025, Sea Research Foundation reported that 79.4% of its $32.4 million in expenses went to program services, 12.0% to management and general and 8.6% to fundraising (Form 990, Part IX).

How much does Sea Research Foundation pay its top executive?

The largest total compensation Sea Research Foundation reported for one person in calendar year 2025 was $558,031, for the role of PRESIDENT/ CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Sea Research Foundation get its money?

Of $34.0 million in revenue in calendar year 2025, 23.7% came from contributions and grants (including 14.1% from government grants) and 72.3% from program service revenue (Form 990, Part VIII).

Is Sea Research Foundation a registered charity?

The IRS lists EIN 06-1480300 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202632649349301323 · read the filing
  • 2024: Form 990 for calendar year 2024, object 202502039349300300 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202422819349301022 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202302529349300200 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202242799349300724 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202132029349300513 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023189349308727 · read the filing

All filings for EIN 06-1480300: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.