Marine Environmental Sciences Consortium

Analysis

Marine Environmental Sciences Consortium is a registered charity in United States, based in Dauphin Isl, AL. It received its IRS tax-exemption ruling in April 1980, 46 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Marine Environmental Sciences Consortium reported income of $25.7m and spending of $17.6m, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $15.7m to $25.7m (+63%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 33%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marine Environmental Sciences Consortium sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Cheyenne Frontier Days Inc ($25.5m), Childrens Theatre of Cincinnati ($25.8m) and Pacific Northwest Ballet Association ($25.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $438k (2.5% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $46.1m against liabilities of $23.6m, net assets of $22.4m. It reported 169 employees.