Texas Marine Mammal Stranding Network

Analysis

Texas Marine Mammal Stranding Network is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in May 1989, 37 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 December 2023, Texas Marine Mammal Stranding Network reported income of $190k and spending of $206k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $279k to $190k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Marine Mammal Stranding Network sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Bastrop Old Town Visitors Center ($190k), Jazz Vivace ($190k) and Dance Studies Association Inc ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $80k (39% of expenses). Other salaries and wages came to $36k. At year end it held assets of $474k against liabilities of $0, net assets of $474k. It reported 3 employees.