Northwest Straits Marine Conservation Foundation

Analysis

Northwest Straits Marine Conservation Foundation is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in September 2002, 24 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, Northwest Straits Marine Conservation Foundation reported income of $1.5m and spending of $1.6m, spending 104% of its income. Across the 6 years on record, from June 2019 to September 2023, income fell from $1.5m to $1.5m (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to September 2022, when income rose by 481%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northwest Straits Marine Conservation Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Keith Albee Performing Arts Centerinc ($1.5m), Latino Donor Collaborative Inc ($1.5m) and West Michigan Symphony ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $125k (7.9% of expenses). Other salaries and wages came to $334k. At year end it held assets of $634k against liabilities of $311k, net assets of $323k. It reported 9 employees.