Overview
What is Bigelow Laboratory For Ocean Sciences?
Bigelow Laboratory for Ocean Sciences is a renowned nonprofit organization based in East Boothbay, Maine. With a workforce of 119 individuals, their primary mission is to conduct scientific research and provide education for various entities, including governmental, commercial, and educational sectors. Their research focuses on understanding key processes driving the world's ocean ecosystems, their evolution, and their essential connection to life on Earth. They achieve this objective through interconnected research, education, and technology transfer programs. The organization's address is 60 Bigelow Drive, PO Box 380, East Boothbay, ME, 04544.
Official website here: www.bigelow.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 99% - Four-Star out of Four Star rating
Bigelow Laboratory for Ocean Sciences has achieved an impressive overall rating of 99%, reflecting its strong performance in various accountability and financial metrics. The organization boasts a perfect score of 100% in Accountability & Finance, demonstrating a robust governance structure with a fully independent board and strong financial oversight practices. Their commitment to transparency is evident through their well-maintained policies regarding conflicts of interest, whistleblower protections, and document retention.
In addition to its financial strength, Bigelow Laboratory has scored exceptionally well in both Culture & Community and Leadership & Adaptability, with scores of 94% and 100%, respectively. This indicates that the organization not only fosters a positive, inclusive environment but also prioritizes leadership development and is quick to adapt to changing circumstances. Their high program expense ratio of 89.78% further highlights their dedication to channeling resources effectively towards their scientific mission.
Despite these strengths, the organization scored lower in the Leadership & Adaptability category compared to others, which could suggest areas for growth regarding strategic planning and engagement with the community. Nonetheless, Bigelow Laboratory is well-positioned to continue its impactful work in ocean sciences, supported by a strong foundation of governance and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Bigelow Laboratory For Ocean Sciences legitimate?
Bigelow Laboratory For Ocean Sciences is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bigelow Laboratory For Ocean Sciences submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,102,552
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,094,019
For more financial information, click here
Official website here: www.bigelow.com
What is the mission statement of Bigelow Laboratory For Ocean Sciences?
The Bigelow Laboratory for Ocean Sciences is dedicated to unraveling the essential processes shaping the world's ocean ecosystems, their development, and their vital connection to earth's life forms. Through combined research, education, and technology transfer initiatives, the organization strives to expand human understanding of the ocean's intricacies and its indispensable role in the global ecosystem. By providing scientific research to various entities, the laboratory contributes to advancing knowledge and driving innovation in ocean science.
Official website here: www.bigelow.com
Who is the CEO of Bigelow Laboratory For Ocean Sciences?
Deborah Bronk is the Trustee of Bigelow Laboratory For Ocean Sciences. The CEO's salary of Bigelow Laboratory For Ocean Sciences is $329,197 and their total compensation is $356,340.
Official website here: www.bigelow.com
What is the revenue of Bigelow Laboratory For Ocean Sciences?
Bigelow Laboratory For Ocean Sciences's revenue in 2023 was $41,488,593.
Official website here: www.bigelow.com
Who are the executives of Bigelow Laboratory For Ocean Sciences and what are their salaries?
The average compensation at Bigelow Laboratory For Ocean Sciences during 2023 was $60,475. There are 119 employees and 75 volunteers at Bigelow Laboratory For Ocean Sciences.
Here are 31 key members and their salaries (Bigelow Laboratory For Ocean Sciences's CEO's salary is $329,197 and their total compensation is $356,340):
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- Compensation: $329,197
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- Other: $9,201
Official website here: www.bigelow.com
Where can I find the form 990 for Bigelow Laboratory For Ocean Sciences?
Bigelow Laboratory For Ocean Sciences's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bigelow.com
Learn more at the official website: www.bigelow.com
Mission Statement of Bigelow Laboratory For Ocean Sciences
Bigelow Laboratory for Ocean Sciences is a renowned organization dedicated to unraveling the mysteries of the world's ocean ecosystems. By focusing on essential processes that drive these ecosystems, the laboratory aims to understand their evolution and the crucial role they play in sustaining life on Earth.
Through interconnected research, education, and technology transfer programs, Bigelow Laboratory for Ocean Sciences delves into the complexities of the ocean world. The organization's investigative work is geared towards advancing scientific knowledge, which in turn benefits both governmental and commercial entities, as well as educational institutions.
Research efforts at the laboratory are multifaceted, encompassing a broad range of topics related to ocean ecosystems. Scientists at Bigelow Laboratory for Ocean Sciences employ innovative techniques to explore various aspects of the ocean, from its physical properties to its biological richness. By deciphering the intricacies of ocean processes, the laboratory contributes significantly to our overall understanding of Earth's natural systems and the interconnectedness of life.
Education is another crucial component of Bigelow Laboratory for Ocean Sciences' mission. The organization fosters the next generation of scientists and researchers through various educational programs. By providing opportunities for learning and growth, Bigelow Laboratory for Ocean Sciences plays a pivotal role in developing the scientific minds of tomorrow.
Technology transfer is a key facet of Bigelow Laboratory for Ocean Sciences' work, allowing the organization to translate its research findings into practical applications. By collaborating with industry and other partners, the laboratory helps ensure that its discoveries have real-world impact, contributing to the development of new technologies and innovations that benefit society.
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Impact
October, 2024
Bigelow Laboratory for Ocean Sciences significantly advances the understanding of ocean ecosystems and their vital role in the health of the planet. Through innovative research initiatives, the laboratory investigates key processes that drive these ecosystems, contributing to our knowledge of their evolution and relationship to life on Earth. This work is essential not only for scientific discovery but also for informing policy and practical applications in governmental, commercial, and educational sectors.
The laboratory's educational programs foster a deep understanding of ocean science among diverse audiences, ensuring that the research conducted translates into valuable insights for society. By focusing on technology transfer, Bigelow Laboratory also helps bridge the gap between research and real-world impact, facilitating the application of scientific findings to address pressing environmental challenges.
Located in East Boothbay, Maine, Bigelow Laboratory's commitment to understanding and preserving ocean health plays a critical role in addressing global issues such as climate change, biodiversity loss, and sustainable resource management, ultimately supporting the well-being of both marine and terrestrial life.
This information is meant to be a general summary of Bigelow Laboratory For Ocean Sciences. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $813,795
- Program Service Revenue: $2,483,425
- Gross Receipts: $44,353,966
Assets and Liabilities:
- Total Assets: $87,500,256
- Total Liabilities: $19,116,506
- Net Assets: $68,383,750
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patent and License Fees
Revenue
$790,850
Course Fees
Revenue
$597,324
SCG Fees
Revenue
$294,520
NCMA Culture Fees
Revenue
$292,495
BAS Fees
Revenue
$178,904
Organization Details
Founding Year
1974
Phone
(207) 315-2567Principal Officer
Deborah Bronk
Main Address
60 Bigelow Drive PO Box 380, East Boothbay, ME, 04544
Website
www.bigelow.comNTEE Category
Code: U210 - Science research
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