PERRY INSTITUTE FOR MARINE SCIENCE

EIN: 591308004 501(c)(3)

WAITSFIELD, VT

Total Revenue
$2,744,471
Total Expenses
$2,767,947
Total Assets
$2,038,721
Net Assets
$422,658
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
FL
Principal Officer
CRAIG DAHLGREN
Phone
8029890456
Tax Period
2023-01-01 to 2023-12-31

PERRY INSTITUTE FOR MARINE SCIENCE, founded in 1971, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum.

Mission

OUR MISSION IS TO CONDUCT AND SUPPORT INNOVATIVE RESEARCH, CONSERVATION AND EDUCATION THAT RESULTS IN EFFECTIVE STEWARDSHIP OF OUR OCEANS.

Program Service Accomplishments

Program 1
Expenses: $1,404,756 Revenue: $1,540,759

CORAL RESTORATION: THE PROGRAM IS AIMED AT RESTORING POPULATIONS OF CRITICALLY ENDANGERED CORAL SPECIES IN THE WIDER CARRIBEAN REGION AND CONDUCTING RESEARCH TO ADVANCE THE SCIENCE OF CORAL...

Read more

CORAL RESTORATION: THE PROGRAM IS AIMED AT RESTORING POPULATIONS OF CRITICALLY ENDANGERED CORAL SPECIES IN THE WIDER CARRIBEAN REGION AND CONDUCTING RESEARCH TO ADVANCE THE SCIENCE OF CORAL RESTORATION. THE INSTITUTE IS ASSESSING CORAL REEF HEALTH THROUGHOUT THE BAHAMAS TO IDENTIFY KEY THREATS TO CORAL REEF HEALTH AND TO PROVIDE SCIENTIFIC SUPPORT FOR THE PLANNING, MANAGEMENT AND EVALUATION OF THE EFFICACY OF MARINE PROTECTED AREAS. THIS PROGRAM ALSO AIMS TO BUILD CAPACITY FOR CONDUCTING CORAL REEF HEALTH ASSESSMENTS BY HOSTING TRAINING WORKSHOPS AND EDUCATING THE GENERAL PUBLIC THROUGH VARIOUS MEDIA.

Program 2
Expenses: $167,253 Revenue: $167,253

IMPROVED FISHERIES MANAGEMENT: THE INSTITUTE IS CONDUCTING RESEARCH AIMED AT IMPROVING THE MANAGEMENT OF BOTH TRADITIONAL BAHAMIAN FISHERIES (NASSAU GROUPER, QUEEN CONCH) AND EMERGING FISHERIES SUCH...

Read more

IMPROVED FISHERIES MANAGEMENT: THE INSTITUTE IS CONDUCTING RESEARCH AIMED AT IMPROVING THE MANAGEMENT OF BOTH TRADITIONAL BAHAMIAN FISHERIES (NASSAU GROUPER, QUEEN CONCH) AND EMERGING FISHERIES SUCH AS PARROTFISH, AND BIOPROSPECTING FOR NATURAL PRODUCTS DERIVED FROM SPONGES, SEA FANS AND OTHER ORGANISMS. THIS RESEARCH IS AIMED AT PROMOTING SUSTAINABLE HARVESTS THAT PRESERVE THE VIABILITY OF HARVESTED STOCKS AND PROMOTE ECOSYSTEM HEALTH. WE ARE ALSO ENGAGING LOCAL COMMUNITIES TO PROMOTE COMPLAINCE WITH FISHERIES REGULATIONS AND OTHER BEST PRACTICES TO MINIMIZE IMPACTS OF FISHING TO ECOSYSTEMS.

Program 3
Expenses: $441,360 Revenue: $421,164

MANGROVE RESTORATION: MANGROVE RESTORATION INVOLVES REHABILITATING AND REESTABLISHING DEGRADED OR DESTROYED ECOSYSTEMS. OUR APPROACH INCLUDES A RANGE OF TECHNIQUES TAILORED TO SPECIFIC ENVIRONMENTAL...

Read more

MANGROVE RESTORATION: MANGROVE RESTORATION INVOLVES REHABILITATING AND REESTABLISHING DEGRADED OR DESTROYED ECOSYSTEMS. OUR APPROACH INCLUDES A RANGE OF TECHNIQUES TAILORED TO SPECIFIC ENVIRONMENTAL CONDITIONS AND BIOLOGICAL INTERACTIONS WITHIN MANGROVE ECOSYSTEMS E.G. PLANTING AND PROPAGULE DISPERSAL, HYDROLOGICAL (BLOCKED CREEK) RESTORATION, AND GREEN INFRASTRUCTURE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,629,983
Program Service Revenue $114,488
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,744,471

Expense Breakdown

Grants Paid $251,967
Salaries & Benefits $456,277
Fundraising Expenses $145,117
Program Expenses $2,354,439
Other Expenses $2,059,703
TOTAL EXPENSES $2,767,947

Year-over-Year Comparison

2023 2022 Change
Revenue $2,744,471 $1,492,475 +0.8%
Expenses $2,767,947 $1,672,789 +0.7%
Net Income $-23,476 $-180,314 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
4
Employees
5
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$185,105
Total Directors
7
$185,105
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG DAHLGREN EXECUTIVE DI 40.00
Officer Director
$164,216 $20,889 $185,105
LYNN GAPE BOARD MEMBER 0.25
Director
$0 $0 $0
MARK GROSBY BOARD MEMBER 0.25
Director
$0 $0 $0
DAVID KNIGHT SECRETARY 0.25
Officer Director
$0 $0 $0
DR JOHN MARR VICE CHAIR 0.25
Officer Director
$0 $0 $0
LIVINGSTON MARSHALL BOARD MEMBER 0.25
Director
$0 $0 $0
ROGER MCMANUS BOARD MEMBER 0.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,744,471 $2,767,947 $2,038,721 $-23,476
2022 $2,329,840 $1,690,460 $1,820,070 $639,380
2021 $1,963,951 $1,335,163 $1,181,677 $628,788
2020 $937,263 $876,333 $554,274 $60,930
2019 $840,893 $592,169 $486,346 $248,724
Explore More Nonprofits
→Top 100 Nonprofits in Vermont →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PERRY INSTITUTE FOR MARINE SCIENCE with other nonprofits in Vermont and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.