SARASOTA, FL
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Sign In — Free (10 views/day)MOTE MARINE LABORATORY INC, founded in 1955, is a mid-sized nonprofit that reported $80.0M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40.5M, a strong 51% operating margin.
THE ADVANCEMENT OF MARINE AND ENVIRONMENTAL SCIENCES THROUGH SCIENTIFIC RESEARCH, EDUCATION AND PUBLIC OUTREACH, LEADING NEW DISCOVERIES, REVITALIZATION AND SUSTAINABILITY OF OUR OCEANS AND GREATER PUBLIC UNDERSTANDING OF OUR MARINE RESOURCES.
RESEARCH MOTE IS AN INDEPENDENT, NONPROFIT 501(C)3 MARINE RESEARCH ORGANIZATION BASED IN SARASOTA, FLORIDA, WITH SEVEN TOTAL RESEARCH AND EDUCATION LOCATIONS FROM SARASOTA TO KEY WEST. MOTE HAS 27...
RESEARCH MOTE IS AN INDEPENDENT, NONPROFIT 501(C)3 MARINE RESEARCH ORGANIZATION BASED IN SARASOTA, FLORIDA, WITH SEVEN TOTAL RESEARCH AND EDUCATION LOCATIONS FROM SARASOTA TO KEY WEST. MOTE HAS 27 DIVERSE RESEARCH PROGRAMS WORKING IN OUR HOME COMMUNITY OF SOUTHWEST FLORIDA AND IN OCEANS AROUND THE WORLD. MOTE'S MISSION IS TO ADVANCE MARINE AND ENVIRONMENTAL SCIENCE THROUGH WORLD-CLASS RESEARCH, EDUCATION AND PUBLIC OUTREACH LEADING TO NEW DISCOVERIES, REVITALIZATION AND SUSTAINABILITY OF EARTH'S OCEAN RESOURCES AND TO A GREATER PUBLIC UNDERSTANDING OF OUR MARINE ECOSYSTEMS. WE EMPHASIZE CONSERVATION AND SUSTAINABLE USE OF MARINE BIODIVERSITY, HEALTHY HABITATS AND NATURAL RESOURCES. MOTE IS ONE OF THE FEW INDEPENDENT MARINE LABS IN THE WORLD HAVING A GLOBAL IMPACT. AS SUCH, WE NURTURE THE SCIENTIFIC INNOVATION AND FLEXIBILITY NEEDED TO ADDRESS THE MOST PRESSING OCEAN ISSUES OF OUR TIME. MOTE IS ALSO UNIQUE BECAUSE WE TRANSLATE OUR SCIENTIFIC DISCOVERIES THROUGH A PUBLIC AQUARIUM AND STRUCTURED EDUCATION PROGRAMS. OUR VISION ALSO INCLUDES POSITIVELY IMPACTING PUBLIC POLICY BY BUILDING A MORE OCEAN-LITERATE SOCIETY. MOTE FEATURES A 10.5-ACRE CAMPUS ON SARASOTA BAY IN SARASOTA, FLORIDA, THE ELIZABETH MOORE INTERNATIONAL CENTER FOR CORAL REEF RESEARCH & RESTORATION ON SUMMERLAND KEY IN THE FLORIDA KEYS, THE 200-ACRE MOTE AQUACULTURE RESEARCH PARK (MAP) IN EASTERN SARASOTA COUNTY, CORAL NURSERIES IN KEY LARGO AND ISLAMORADA IN THE UPPER FLORIDA KEYS, AND PUBLIC CORAL REEF EXHIBITS IN KEY WEST AND ISLAMORADA. MOTE'S RESEARCH STAFF OF OVER 131 INCLUDES 43 DOCTORAL-LEVEL SCIENTISTS PUBLISHING NUMEROUS PEER-REVIEWED STUDIES PER YEAR AND SERVING AS AMBASSADORS FOR MARINE SCIENCE THROUGH SPEAKING ENGAGEMENTS, BRIEFINGS, AND PRESENTATIONS. MOTE SCIENTISTS ADVANCE THE FIELDS OF SHARK AND RAY BIOLOGY, BEHAVIOR, ECOLOGY AND CONSERVATION; HARMFUL ALGAL BLOOM DYNAMICS AND MITIGATION; CORAL REEF RESEARCH AND RESTORATION; MARINE MAMMAL AND SEA TURTLE BIOLOGY, POPULATION DYNAMICS AND REHABILITATION; AQUACULTURE SYSTEMS RESEARCH, DEVELOPMENT AND EDUCATION; STUDIES OF HUMAN DISEASE USING MARINE MODELS; EFFECTS OF HUMAN-MADE AND NATURAL TOXIC SUBSTANCES ON ORGANISMS AND THE ENVIRONMENT; STUDIES OF HEALTH OF WILD FISHERIES, IMPROVED FISHERIES MONITORING, RESPONSIBLE AND SUSTAINABLE APPROACHES TO FISHERIES AND FISH FARMING TECHNOLOGIES TO INFORM THE AQUACULTURE INDUSTRY; OCEAN TECHNOLOGY DEVELOPMENT TO BETTER UNDERSTAND THE HEALTH OF OUR ECOSYSTEMS; STUDIES OF BOTTOM-DWELLING ORGANISMS AND MORE. IN FY2024, MOTE LAUNCHED THE NEW FLORIDA SEAGRASS RESTORATION TECHNOLOGY DEVELOPMENT INITIATIVE TO DEVELOP, TEST AND IMPLEMENT INNOVATIVE, EFFECTIVE, COST-EFFICIENT AND ENVIRONMENTALLY SUSTAINABLE TECHNOLOGIES AND APPROACHES FOR RESTORING COASTAL SEAGRASS ECOSYSTEMS. MOTE'S RED TIDE MITIGATION & TECHNOLOGY DEVELOPMENT AT MAP, CREATED TO RESEARCH, MITIGATE AND EDUCATE THE PUBLIC ABOUT RED TIDE CONDITIONS IN THE GULF OF MEXICO, EXPANDED TO A NATIONWIDE HARMFUL ALGAE BLOOMS (HAB) PROGRAM TO TEST MITIGATION TECHNOLOGIES IN BOTH SALT AND FRESHWATER SYSTEMS. IN FY2024, 22 TECHNOLOGIES FOR RED TIDE MITIGATION AND IMPROVED DETECTION ADVANCED TO THE FIELD-TESTING STAGE WITH SEVERAL IN PROCESS OF REGULATORY APPROVAL AND/OR EXAMINING FIELD DEPLOYMENT OPTIONS. TO PROTECT THE LIVING TREASURE OF CORAL GENETIC DIVERSITY, MOTE CREATED A UNIQUE, LARGE-SCALE, LAND-BASED, LIVING CORAL GENE BANK, (MOTE INTERNATIONAL CORAL GENE BANK) AT MOTE'S AQUACULTURE PARK, ORIGINALLY FOR 1,650 CORALS OF 14 SPECIES AND NEARLY 2,000 GENETIC TYPES OF CORALS; IN FY2024, THESE INCREASED TO OVER 3,000 CORALS OF 37 SPECIES AND OVER 7,000 CORAL GENETIC VARIETIES; THE LARGEST SINGLE DIVERSE COLLECTION IN THE WORLD. OUR GENE BANK VISION BEGAN WITH A FOCUS ON CORALS ENDEMIC TO FLORIDA AND U.S. JURISDICTIONS OF THE CARIBBEAN, AND HAS EXPANDED TO INCLUDE CORAL GENETIC DIVERSITY FROM REEFS AROUND WORLD. CONSTRUCTION CONTINUES TO NEARLY DOUBLE THE CAPACITY. IN FY2024, OVER 26,000 CORALS WERE PLANTED TO RESTORE FLORIDA'S CORAL REEF. AS A HOLISTIC, SCIENCE-BASED APPROACH TO CORAL REEF RESTORATION, MOTE BUILT A CARIBBEAN KING CRAB HATCHERY TO PRODUCE THESE CRABS FOUND TO BE BENEFICIAL IN MITIGATING HARMFUL ALGAE ON CORAL REEFS. MOTE SCIENTISTS HAVE PRODUCED OVER 125,000 JUVENILE CARIBBEAN KING CRABS POISED TO BE RELEASED ONTO U.S. REEFS. FOR A FULL AND CURRENT LISTING OF MOTE MARINE LABORATORY'S RESEARCH AND INITIATIVES, VISIT MOTE.ORG.
COST OF GOODS SOLD NETTED WITH SALES IN PART VIII FORM 990 -50,748. SPECIAL EVENTS EXPENSES INCLUDED IN PART VIII FORM 990 -435,776.
EDUCATION MOTE MARINE LABORATORY'S COMMITMENT TO SHARING OCEAN LITERACY BEGINS WITH PRE-K CHILDREN AND EXTENDS TO PEOPLE OF ALL AGES AND SOCIETAL BACKGROUNDS. MOTE OPERATES MORE THAN 50 STEM...
EDUCATION MOTE MARINE LABORATORY'S COMMITMENT TO SHARING OCEAN LITERACY BEGINS WITH PRE-K CHILDREN AND EXTENDS TO PEOPLE OF ALL AGES AND SOCIETAL BACKGROUNDS. MOTE OPERATES MORE THAN 50 STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) EDUCATION AND OUTREACH PROGRAMS, INCLUDING IN-SCHOOL PROGRAMS AND FIELD TRIPS, PUBLIC PROGRAMS THROUGHOUT THE YEAR, YEAR-ROUND CAMPS, COMMUNITY OUTREACH PROGRAMS THAT REACH STUDENTS HISTORICALLY UNDERREPRESENTED IN SCIENCE, TEACHER PROFESSIONAL DEVELOPMENT WORKSHOPS, DIGITAL LEARNING PROGRAMS THAT REACH AUDIENCES FAR AND WIDE, ADULT LIFELONG LEARNING COURSES, EDUCATIONAL EVENTS SUCH AS LECTURES AND SCIENCE CAFES, SCOUT PROGRAMS, HOMESCHOOL PROGRAMS AND MORE. IN FY2024, MOTE'S EDUCATION PROGRAMS REACHED NEARLY 67,000 PEOPLE. MOTE PROGRAMS ARE DESIGNED TO INSTILL ESSENTIAL STEM CONCEPTS, HELP PARTICIPANTS DISCOVER CAREERS IN MARINE SCIENCE AND BETTER UNDERSTAND OCEAN ECOSYSTEMS, THE SCIENTIFIC METHOD, CONSERVATION ISSUES, OCEAN TECHNOLOGY, THE IMPORTANCE OF ENVIRONMENTAL STEWARDSHIP AND OTHER KEY CONCEPTS. MOTE LEADS THE MULTI-PARTNER LOUIS STOKES ALLIANCE FOR MINORITY PARTICIPATION (LSAMP): MARINE SCIENCE LABORATORY ALLIANCE CENTER OF EXCELLENCE (MARSCI-LACE) WHICH WAS FOUNDED THROUGH A NATIONAL SCIENCE FOUNDATION (NSF) GRANT TO MOTE, THE ONLY NON-ACADEMIC INSTITUTION TO RECEIVE AN LSAMP CENTER OF EXCELLENCE AWARD. IT IS CO-FUNDED BY THE NSF INCLUSION ACROSS THE NATION OF COMMUNITIES OF LEARNERS OF UNDERREPRESENTED DISCOVERERS IN ENGINEERING AND SCIENCE (NSF INCLUDES) INITIATIVE. THIS INITIATIVE HAS INVESTIGATED AND DEMONSTRATED HOW MARINE RESEARCH INTERNSHIPS WITH SPECIALLY TRAINED MENTORS AND SUPPORT SYSTEMS CAN KEEP STUDENTS ON THE PATH TO STEM CAREERS. MOTE OFFERS A WIDE VARIETY OF COLLEGE INTERNSHIPS, INCLUDING THE HIGHLY COMPETITIVE, NSF-FUNDED RESEARCH EXPERIENCES FOR UNDERGRADUATES, WHICH ALLOW UNDERGRADUATE STUDENTS TO CONDUCT SCIENTIFIC RESEARCH UNDER THE MENTORSHIP OF A PH.D.-LEVEL MOTE SCIENTIST. MOTE AWARDED 156 UNDERGRADUATE & GRADUATE SCHOLARSHIPS & INTERNSHIPS IN FY2024. MOTE'S EDUCATION TEAM OVERSEES OVER 1,500 TRAINED VOLUNTEERS WHO HELP TO ADVANCE MOTE'S MISSION BY ASSISTING SCIENTISTS AND EDUCATORS, SERVING AS DOCENTS ON THE MOTE AQUARIUM FLOOR, CONTRIBUTING TO MOTE'S HOSPITALS FOR MAMMALS AND SEA TURTLES, AND PROVIDING A NUMBER OF SUPPORTING SERVICES TO OTHER AREAS OF THE LAB AND AQUARIUM. IN FY2024, 73 HIGH SCHOOLERS PARTICIPATED IN THE TEEN VOLUNTEER PROGRAM WHICH PROVIDES STUDENTS WITH AN OPPORTUNITY TO VOLUNTEER DURING THE SCHOOL YEAR AND ENGAGE WITH VISITORS THROUGHOUT THE AQUARIUM AND ASSIST WITH EDUCATION PROGRAMS, WHILED 84 HIGH SCHOOLERS PARTICIPATED IN MOTE'S SUMMER VOLUNTEER PROGRAM. MOTE EDUCATORS WORK CLOSELY WITH SCHOOLS THROUGHOUT THEIR REGION, HELPING STUDENTS CONNECT WITH MOTE SCIENTISTS DIRECTLY - FOR EXAMPLE, THROUGH SUSTAINABLE FISHING CLINICS AND HANDS-ON COLLABORATION WITH MOTE'S FISH-FARMING SCIENTISTS. MOTE EDUCATORS CONTINUALLY CREATE A WEALTH OF NEW AND INNOVATIVE VIRTUAL LEARNING PROGRAMS AND DIGITAL CONTENT THAT ENABLE K-12 TEACHERS AND STUDENTS TO INTERACT AND LEARN REMOTELY. IN FY2024, THE POPULARITY OF THESE PROGRAMS AND PLATFORMS INDICATED CONTINUING GROWTH AND INVESTMENT IN FLEXIBLE LEARNING ENVIRONMENTS AND EXPERIENCES. MOTE EDUCATORS ARE ACTIVE IN THE FLORIDA MARINE SCIENCE EDUCATORS ASSOCIATION, THE NATIONAL SCIENCE TEACHERS ASSOCIATION, THE ASSOCIATION OF ZOOS AND AQUARIUMS AND OTHER PROFESSIONAL ORGANIZATIONS THAT INFORM AND INSPIRE OUR EFFORTS TO TRANSLATE AND TRANSFER MOTE SCIENCE TO THE PUBLIC. IN FY2024, MOTE'S EDUCATION TEAM HAS BEEN ACTIVELY DESIGNING THREE STEM TEACHING LABS AND FIVE STEM WORKFORCE TRAINING LABS TO BE HOUSED IN THE NEW MOTE SCIENCE EDUCATION AQUARIUM (MOTE SEA), ANTICIPATED TO OPEN 3RD QUARTER 2025.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $80,007,372 | $54,958,764 | +0.5% |
| Expenses | $39,484,284 | $36,250,941 | +0.1% |
| Net Income | $40,523,088 | $18,707,823 | +1.2% |
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 |
|---|---|---|---|---|---|---|
| BARBARA BRIZDLE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| RICHARD O DONEGAN | TRUSTEE AT LARGE | 5.00 |
Director
|
$0 | $0 | $0 |
| N ROGAN DONELLY | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DEAN EISNER | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| JAMES D ERICSON | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DONALD FEATHERMAN | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| SUSAN C GILMORE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ROD HERSHBERGER | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| BARBARA JENNINGS | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| PENELOPE KINGMAN | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN MITCHELL | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| SUSAN MOLINARI | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH MOORE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| LTC FRANCES PRESLEY RICE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ALAN ROSE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DR HARRIS SILVERMAN | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| JEANIE STEVENSON | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| EUGENE BECKSTEIN | CHAIRMAN EMERITUS | 5.00 |
Director
|
$0 | $0 | $0 |
| ROBERT CARTER | CHAIRMAN EMERITUS | 5.00 |
Director
|
$0 | $0 | $0 |
| FREDERICK M DERR PE | CHAIRMAN EMERITUS | 5.00 |
Director
|
$0 | $0 | $0 |
| ROBERT ESSNER | CHAIRMAN EMERITUS | 5.00 |
Director
|
$0 | $0 | $0 |
| JUDY GRAHAM | CHAIRMAN EMERITUS | 5.00 |
Director
|
$0 | $0 | $0 |
| G LOWE MORRISON | CHAIRMAN EMERITUS TO MAY | 5.00 |
Director
|
$0 | $0 | $0 |
| DR HOWARD SEIDER | CHAIRMAN EMERITUS | 5.00 |
Director
|
$0 | $0 | $0 |
| MAURICE CUNNIFFE | IMMED. PAST CHAIRMAN | 5.00 |
Director
|
$0 | $0 | $0 |
| SANDRA STUART | CHAIRMAN | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| HOBART SKIP SWAN | VICE CHAIRMAN | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| R SCOTT COLLINS | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR ANDREW ECONOMOS | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL P CROSBY PHD | PRESIDENT/CEO | 40.00 |
Officer
Director
|
$437,501 | $27,009 | $464,510 |
| DEBORAH ALLEN SCHULTZ | CFO & VICE PRESIDENT | 40.00 |
Officer
|
$134,889 | $5,731 | $145,620 |
| MICHAEL MOORE | SPECIAL ASST TO PRESIDE | 40.00 |
Highest
|
$205,888 | $16,204 | $222,092 |
| DANIEL BEBAK | VICE PRESIDENT | 40.00 |
Highest
|
$156,796 | $13,360 | $170,156 |
| RICHARD PIERCE PHD | ASSISTANT VICE PRESIDENT | 40.00 |
Highest
|
$171,342 | $13,451 | $184,793 |
| KEVIN COOPER | VICE PRESIDENT | 40.00 |
Highest
|
$174,779 | $15,460 | $190,239 |
| DEMIAN D CHAPMAN | SR. SCIENTIST | 40.00 |
Highest
|
$168,219 | $14,298 | $182,517 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $80,007,372 | $39,484,284 | $200,983,432 | $40,523,088 |
| 2023 | $54,958,764 | $36,250,941 | $137,849,757 | $18,707,823 |
| 2022 | $47,804,418 | $31,417,182 | $99,691,252 | $16,387,236 |
| 2021 | $43,949,179 | $27,310,456 | $89,374,778 | $16,638,723 |
| 2020 | $34,937,768 | $24,546,820 | $72,264,285 | $10,390,948 |
| 2019 | $28,057,028 | $22,719,853 | $59,750,581 | $5,337,175 |
| 2018 | $20,947,954 | $22,362,455 | $54,216,063 | $-1,414,501 |
Compare MOTE MARINE LABORATORY INC with other nonprofits in Florida and across the country.