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Research and Public Policy : Non-Medical Science & Technology Research

Woods Hole Oceanographic Institution

Dedicated to ocean research, engineering, and education

three stars

89.50

266 Woods Hole Road Woods Hole, MA 02543
tel: (508) 289-2252   Web Site
EIN: 04-2105850

Board Leadership
David B. Scully
Chairman

CEO
Mark R. Abbott
President and Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 89.50 three stars
  Financial 90.03 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 06/01/2018 and includes data from FY2016, the most recent 990 received at that time.

Founded in 1930, the Woods Hole Oceanographic Institution (WHOI) is dedicated to research and education to advance understanding of the ocean and its interaction with the Earth system, and to communicating this understanding for the benefit of society. Its primary mission is to develop and effectively communicate a fundamental understanding of the processes and characteristics governing how the oceans function and how they interact with the Earth as a whole. WHOI promotes and develops the use of advanced instrumentation and systems (including ships, vehicles and platforms) to make the required observations at sea and in the laboratory. WHOI makes the results of its research known to the public and policymakers and foster its applications to new technology and products in ways consistent with the wise use of the oceans.

Founded in 1930, the Woods Hole Oceanographic Institution (WHOI) is dedicated to research and education to advance understanding of the ocean and its interaction with the Earth system, and to communicating this understanding for the benefit of society. Its primary mission is to develop and effectively communicate a fundamental understanding of the processes and characteristics governing how the oceans function and how they interact with the Earth as a whole. WHOI promotes and develops the use of advanced instrumentation and systems (including ships, vehicles and platforms) to make the required observations at sea and in the laboratory. WHOI makes the results of its research known to the public and policymakers and foster its applications to new technology and products in ways consistent with the wise use of the oceans.

Results Information

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Financial

four stars

90.03

Accountability & Transparency

three stars

89.00

This rating was published 06/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
90.8%
  Administrative Expenses 8.2%
  Fundraising Expenses 0.8%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 1.01
  Program Expenses Growth 1.0%
  Liabilities to Assets 40.6%
All data for Financial Performance Metrics calculations was provided by Woods Hole Oceanographic Institution on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Woods Hole Oceanographic Institution on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Woods Hole Oceanographic Institution (MA) 89.50 three stars
Global Footprint Network (CA) 85.62 three stars
Mount Desert Island Biological Laboratory (ME) 92.61 four stars
Mind & Life Institute (VA) 92.19 four stars
XPRIZE Foundation (CA) 88.71 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $40,253,135
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $166,347,303
Total Contributions $206,600,438
   Program Service Revenue $6,977,967
Total Primary Revenue $213,578,405
   Other Revenue $2,148,912
TOTAL REVENUE $215,727,317
   
EXPENSES  
   Program Expenses $211,120,829
   Administrative Expenses $22,643,272
   Fundraising Expenses $2,603,980
TOTAL FUNCTIONAL EXPENSES $236,368,081
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-20,640,764
   
Net Assets $338,318,794

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Sponsored and Institutional Research $199,760,193 94.6%
Education $11,360,636 5.4%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 06/01/2018 89.50 three stars
2015-12 07/01/2017 93.39 four stars
2014-12 06/01/2016 90.08 four stars
 
CN 2.0
2014-12 04/01/2016 90.59 four stars
2013-12 07/01/2015 92.43 four stars
2012-12 04/01/2014 93.37 four stars
2011-12 06/01/2013 91.92 four stars
2010-12 04/01/2012 94.06 four stars
2009-12 09/20/2011 94.07 four stars
 
CN 1.0
2009-12 06/01/2011 95.99 four stars
2008-12 07/01/2010 94.80 four stars
2007-12 07/01/2009 95.54 four stars
2006-12 07/01/2008 91.50 four stars
2005-12 09/01/2007 88.45 three stars
2004-12 06/01/2006 95.34 four stars
2003-12 01/05/2005 95.37 four stars
2002-12 12/01/2003 96.94 four stars
2001-12 02/05/2003 99.35 four stars
2000-12 10/15/2002 96.99 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-2105850
Name in IRS Master File WOODS HOLE OCEANOGRAPHIC INSTITUTION
NTEE Code U21
NTEE Classification Marine Science and Oceanography
NTEE Type Science and Technology Research Institutes, Services
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (181) Scientific research for government
(199) Other scientific research activities
(30) School, college, trade school, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date December, 1954
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$423,298 0.17% Mark Abbott President
Other Salaries of Note
$268,000 0.11% Susan K. Avery Former President

Highly Rated

Charity Name & State Overall Score Overall Rating
Woods Hole Oceanographic Institution (MA) 89.50 three stars
Carnegie Institution for Science (DC) 90.78 four stars
XPRIZE Foundation (CA) 88.71 three stars
Cary Institute of Ecosystem Studies (NY) 90.70 four stars
Botanical Research Institute of Texas (TX) 88.36 three stars

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Charity Contact Info

Woods Hole Oceanographic Institution
266 Woods Hole Road
Woods Hole, MA 02543
tel: (508) 289-2252
fax: (508) 457-2167
EIN: 04-2105850

Mail donations to:
183 Oyster Pond Road
MS #40
Woods Hole, MA 02543

Visit Web Site

Board Leadership

David B. Scully
Chairman

CEO

Mark R. Abbott
President and Director

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