GLOUCESTER, MA
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Sign In — Free (10 views/day)GLOUCESTER MARINE GENOMICS INSTITUTE INCORPORATED, founded in 2013, is a community nonprofit in the Science & Technology sector that reported $9.9M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.0M, a strong 41% operating margin.
GLOUCESTER MARINE GENOMICS INSTITUTE'S MISSION IS TO ADDRESS CRITICAL CHALLENGES IN OCEAN HEALTH, HUMAN HEALTH, AND THE ENVIRONMENT THROUGH INNOVATIVE MARINE BIOTECHNOLOGY RESEARCH AND TRANSFORMATIVE SCIENCE EDUCATION. BY COMBINING WORLD-CLASS GENOMICS RESEARCH WITH WORKFORCE DEVELOPMENT PROGRAMS, THE ORGANIZATION AIMS TO REVITALIZE GLOUCESTER'S ECONOMY AND BUILD A THRIVING LIFE SCIENCES COMMUNITY.
RESEARCH - GMGI OPERATES A WORLD-CLASS MARINE BIOTECHNOLOGY RESEARCH INSTITUTE IN A PURPOSE-BUILT LABORATORY ON GLOUCESTER HARBOR WHERE THE SCIENCE TEAM PURSUES RESEARCH BASED ON ADVANCED GENOMIC...
RESEARCH - GMGI OPERATES A WORLD-CLASS MARINE BIOTECHNOLOGY RESEARCH INSTITUTE IN A PURPOSE-BUILT LABORATORY ON GLOUCESTER HARBOR WHERE THE SCIENCE TEAM PURSUES RESEARCH BASED ON ADVANCED GENOMIC METHODOLOGIES AND ANALYSIS TOOLS. RESEARCHERS ADDRESS QUESTIONS RELATED TO TWO MAIN PROGRAM AREAS: HEALTHY OCEANS AND FISHERIES AND MARINE BIOMEDICAL DISCOVERY. MARINE GENOMICS REPRESENTS A NEW EPOCH IN BOTH MARINE SCIENCE AND BIOTECHNOLOGY AND GMGI IS LEADING THE WAY. GMGI BENEFITS FROM PARTNERSHIPS WITH WORLD-CLASS ORGANIZATIONS INCLUDING LEADING FOUNDATIONS, UNIVERSITIES, AND FEDERAL AND STATE AGENCIES, AND FOCUSES ON TRANSLATIONAL RESEARCH THAT CONNECTS DIRECTLY TO THE VEXING MODERN CHALLENGES OF FISHERIES MANAGEMENT AND CLIMATE CHANGE AS WELL AS DERIVING NEW APPROACHES TO CANCER AND AGING FROM OCEAN RESOURCES.
BIOTECHNOLOGY ACADEMY - GMGI'S VIBRANT SCIENCE LEARNING ENVIRONMENT, THE GLOUCESTER BIOTECHNOLOGY ACADEMY ("ACADEMY"), PREPARES YOUNG ADULTS TO BECOME CERTIFIED LABORATORY TECHNICIANS THROUGH A...
BIOTECHNOLOGY ACADEMY - GMGI'S VIBRANT SCIENCE LEARNING ENVIRONMENT, THE GLOUCESTER BIOTECHNOLOGY ACADEMY ("ACADEMY"), PREPARES YOUNG ADULTS TO BECOME CERTIFIED LABORATORY TECHNICIANS THROUGH A PROPRIETARY 9-MONTH PROGRAM THAT INCLUDES SIX MONTHS OF HANDS-ON TRAINING FOLLOWED BY A THREE-MONTH PAID INDUSTRY INTERNSHIP. THE LAB-IMMERSION CURRICULUM IN OUR STATE-OF-THE-ART FACILITIES ENJOYS GRADUATION AND CAREER PLACEMENT RATES THAT OUTPACE VOCATIONAL AND COMMUNITY COLLEGE NORMS NATIONWIDE AND HAS RECENTLY EXPANDED TO INCLUDE THE TOPICS OF CELL CULTURE AND BIOMANUFACTURING. THE ORGANIZATION OFFERS ITS CERTIFICATE PROGRAM TUITION-FREE FOR ALL STUDENTS IN THE ACADEMY. THE ACADEMY ALSO OFFERS HANDS-ON, STEM ENRICHMENT PROGRAMMING TO MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS THROUGHOUT THE YEAR, PROVIDING AWARENESS, ACCESS AND EDUCATION ON THE THRIVING LIFE SCIENCES AND BIOTECH FIELDS TO PRIMARILY UNDERSERVED STUDENTS IN COMMUNITIES ON THE NORTH SHORE AND IN BOSTON.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $9,856,858 | $5,663,713 | +0.7% |
| Expenses | $5,839,474 | $5,271,443 | +0.1% |
| Net Income | $4,017,384 | $392,270 | +9.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARC VIDAL | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELE MAY | BOARD CHAIR & TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM SIMONS | DIRECTOR/CLERK | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSE-CARLOS GUTIERREZ-RAMOS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL KANE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LAURA LISS | DIRECTOR THRU 06/2024 | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN O'CONNOR | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| GEORGE PUTNAM | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LAURA SEN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID WALT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM WESTRA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINE BOLZAN | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$267,956 | $1,680 | $269,636 |
| ANDREA BODNAR | SCIENCE DIRECTOR | 40.00 |
Key Emp
|
$222,055 | $29,395 | $251,450 |
| JOHN DOYLE | EDUCATION DIRECTOR | 40.00 |
Highest
|
$125,614 | $38,471 | $164,085 |
| ANDREW GARDNER | CHIEF SCIENTIFIC OFFICER | 40.00 |
Highest
|
$134,838 | $191 | $135,029 |
| MATTHEW HARKE | RESEARCH SCIENTIST II | 40.00 |
Highest
|
$108,777 | $22,388 | $131,165 |
| LAURA RICHANE | DIRECTOR OF PARTNERSHIP & ENROLLMENT | 40.00 |
Highest
|
$118,119 | $36,007 | $154,126 |
| LOGAN WALSH | DEVELOPMENT DIRECTOR | 40.00 |
Highest
|
$175,581 | $18,498 | $194,079 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $9,856,858 | $5,839,474 | $13,172,949 | $4,017,384 |
| 2023 | $5,663,713 | $5,271,443 | $9,194,920 | $392,270 |
| 2022 | $4,950,560 | $4,182,030 | $8,833,922 | $768,530 |
| 2021 | $3,696,624 | $3,299,148 | $6,391,248 | $397,476 |
| 2020 | $2,200,360 | $2,905,680 | $5,971,628 | $-705,320 |
| 2019 | $3,132,397 | $2,748,462 | $6,702,969 | $383,935 |
| 2018 | $4,510,020 | $1,843,630 | $6,458,366 | $2,666,390 |
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