Overview
What is Marine Biological Laboratory?
The Marine Biological Laboratory (MBL) is a renowned nonprofit research institution located in Woods Hole, Massachusetts. Established in 1888, it is affiliated with the University of Chicago and has produced 60 Nobel Prize winners. The MBL is dedicated to scientific discovery, focusing on fundamental biological research, understanding biodiversity and the environment, and informing the human condition. Its research covers various scales, from molecules and cells to ecosystems, with areas of focus including new discoveries in cell biology, neuroscience, microbiomes, and adaptation to global change. The MBL maintains laboratories and hosts Resident Scientists who conduct research in these areas, as well as offering advanced graduate research courses. With a team of 385 employees, the MBL is a leading hub for biological discovery and training.
Official website here: www.mbl.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Marine Biological Laboratory has received an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. This rating indicates that the organization meets rigorous standards in governance and transparency, which is vital for fostering trust among donors and stakeholders.
Strengths highlighted include a strong independent board with 88% of its members being independent, which enhances its decision-making process. The organization's financial practices are commendable, demonstrated by its high program expense ratio of 83.53%, ensuring that a significant portion of its funds is directed towards fulfilling its mission. Additionally, it has been recognized for having no material diversions of assets and maintaining effective policies regarding conflict of interest, whistleblowing, and document retention.
While the overall data reflects a robust organizational structure and financial integrity, no specific limitations or critiques were mentioned in the feedback. This absence of negative feedback suggests a positive perception of the Marine Biological Laboratory among its stakeholders and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Marine Biological Laboratory legitimate?
Marine Biological Laboratory is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marine Biological Laboratory 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: $1,414,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,636,898
For more financial information, click here
Official website here: www.mbl.edu
What is the mission statement of Marine Biological Laboratory?
The Marine Biological Laboratory (MBL) is a renowned institution for biological research and training. Dedicated to scientific discovery, the MBL explores fundamental biology, biodiversity, and the environment, and translates these findings to inform the human condition. The organization's research scope extends from molecular and cellular studies to ecosystem analyses. Notably affiliated with 60 Nobel Prize winners, the MBL attracts leading scientists worldwide, who contribute to groundbreaking discoveries. The institution is committed to nurturing the next generation of researchers, offering advanced graduate courses and training students from high school to postdoctoral levels. The MBL's identity is shaped by its advanced research programs and its dedication to fostering scientific innovation.
Official website here: www.mbl.edu
Who is the CEO of Marine Biological Laboratory?
Nipam Patel is the Director Of The Mbl of Marine Biological Laboratory.
Official website here: www.mbl.edu
What is the revenue of Marine Biological Laboratory?
Marine Biological Laboratory's revenue in 2022 was $59,784,190.
Official website here: www.mbl.edu
Who are the executives of Marine Biological Laboratory and what are their salaries?
The average compensation at Marine Biological Laboratory during 2022 was $49,483. There are 385 employees at Marine Biological Laboratory.
Here are 37 key members and their salaries:
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- Compensation: $176,654
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Official website here: www.mbl.edu
Where can I find the form 990 for Marine Biological Laboratory?
Marine Biological Laboratory's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mbl.edu
Learn more at the official website: www.mbl.edu
Mission Statement of Marine Biological Laboratory
The Marine Biological Laboratory (MBL), a esteemed nonprofit institution, is committed to pioneering scientific discoveries in the realms of biology, biomedicine, and environmental science. Situated in the heart of research and education, this prestigious organization has been a beacon of knowledge since its inception in 1888.
MBL's mission transcends the boundaries of traditional scientific inquiry. Researchers at the MBL delve into the fundamental aspects of biology, striving to expand our understanding of biodiversity and the environment. Furthermore, their work informs the human condition by providing insights into the intricacies of life. This work spans the biological spectrum, from the microscopic world of molecules and cells to the expansive realm of ecosystems.
The MBL is a veritable hub for scientific innovation. Its faculty, comprised of full-time researchers and visiting scientists, is a veritable who's who of the scientific community. They are drawn to the MBL by its unparalleled resources and strengths. The MBL's impact extends far beyond its walls, with research findings shaping the world's understanding of life and the natural world.
Central to the MBL's identity is its dedication to fostering the next generation of scientific leaders. The organization offers advanced graduate-level research courses, designed to equip students with the skills and knowledge they need to make their mark in the scientific community. With a legacy spanning over a century and affiliations with 60 Nobel Prize winners, the MBL continues to inspire and drive scientific discovery.
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Impact
October, 2024
The Marine Biological Laboratory (MBL) significantly impacts the fields of biological research and education through its commitment to scientific discovery. Located in Woods Hole, Massachusetts, and founded in 1888, the MBL serves as a prominent center for exploring fundamental biology and understanding biodiversity and environmental science.
With state-of-the-art laboratories, MBL enables resident scientists and researchers from around the globe to focus on a wide array of biological disciplines, including cell biology, regenerative biology, neuroscience, and ecological research. This diverse range of scientific inquiry contributes to critical insights into microbial diversity, ecological resilience, and the adaptation of organisms in changing environments.
The MBL's influence extends beyond research; it plays a pivotal role in shaping the next generation of scientists. By offering advanced graduate-level research courses, the institution trains students at various stages, from high school to postdoctoral levels, fostering a rich educational environment. The MBL has garnered a reputation for excellence, attracting hundreds of leading scientists and boasting affiliations with numerous Nobel Prize winners.
Through its dedication to innovation and the advancement of knowledge, the Marine Biological Laboratory continues to inform our understanding of the human condition and the intricate relationships within the biosphere, making a lasting impact on both science and society.
This information is meant to be a general summary of Marine Biological Laboratory. 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 2022.
- Investment Income: $5,816,791
- Program Service Revenue: $6,266,908
- Gross Receipts: $62,591,754
Assets and Liabilities:
- Total Assets: $237,578,536
- Total Liabilities: $37,435,237
- Net Assets: $200,143,299
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$2,517,987
Housing, dining & conferences
Revenue
$2,269,947
Specimen & research services
Revenue
$615,646
Rental Income
Revenue
$652,502
Organization Details
Founding Year
1888
Phone
(508) 289-7239Principal Officer
Nipam Patel
Main Address
7 MBL Street, Woods Hole, MA, 02543
Website
www.mbl.eduNTEE Category
Code: U500 - Science research
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