Environment : Environmental Protection and Conservation

Gulf of Maine Research Institute

Science. Education. Community.

four stars

93.60

350 Commercial Street Portland, ME 04101
tel: (207) 772-2321   Web Site
EIN: 01-0504905

Board Leadership
Frank J. Governali
Board Chair

CEO
Donald Perkins
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 93.60 four stars
  Financial 90.95 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 03/01/2019 and includes data from FY2017, the most recent 990 received at that time.

The Gulf of Maine Research Institute's mission is to pioneer collaborative solutions to global ocean challenges.

"GMRI" has assembled an unparalleled mix of science, education, and community capacity that enables us to build knowledge and nurture innovative partnerships to sustain healthy ecosystems and foster resilient communities for the future. GMRI is widely respected as one of the top marine institutions in the Northeast, providing interdisciplinary scientific advice and technical support to aid the fishing industry, resource managers, conservation organizations, and seafood businesses in addressing the key challenges and opportunities of ocean sustainability and climate adaptation. Our education programs likewise have earned national recognition for their capacity to engage and support students and teachers in STEM (science, technology, engineering and math) learning.

Our current strategic plan is available online at: https://www.gmri.org/strategic-plan

The Gulf of Maine Research Institute's mission is to pioneer collaborative solutions to global ocean challenges.

"GMRI" has assembled an unparalleled mix of science, education, and community capacity that enables us to build knowledge and nurture innovative partnerships to sustain healthy ecosystems and foster resilient communities for the future. GMRI is widely respected as one of the top marine institutions in the Northeast, providing interdisciplinary scientific advice and technical support to aid the fishing industry, resource managers, conservation organizations, and seafood businesses in addressing the key challenges and opportunities of ocean sustainability and climate adaptation. Our education programs likewise have earned national recognition for their capacity to engage and support students and teachers in STEM (science, technology, engineering and math) learning.

Our current strategic plan is available online at: https://www.gmri.org/strategic-plan

Impact Information

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Reported Results
Total in 2018
Number of free participants on field trips
9,523
This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

90.95

Accountability & Transparency

four stars

100.00

This rating was published 03/01/2019 and includes data from FY2017, 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)
79.6%
  Administrative Expenses 4.7%
  Fundraising Expenses 15.6%
  Fundraising Efficiency $0.13
  Working Capital Ratio (years) 1.44
  Program Expenses Growth 10.2%
  Liabilities to Assets 7.5%
All data for Financial Performance Metrics calculations was provided by Gulf of Maine Research Institute on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Gulf of Maine Research Institute on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,459,902
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $4,542,355
Total Contributions $11,002,257
   Program Service Revenue $308,503
Total Primary Revenue $11,310,760
   Other Revenue $236,891
TOTAL REVENUE $11,547,651
   
EXPENSES  
   Program Expenses $8,046,406
   Administrative Expenses $541,674
   Fundraising Expenses $1,466,995
TOTAL FUNCTIONAL EXPENSES $10,055,075
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,492,576
   
Net Assets $16,826,071

Charts

Compensation % of Expenses Paid to Title
$391,921 3.89% Donald W Perkins Jr President

Mission

The Gulf of Maine Research Institute's mission is to pioneer collaborative solutions to global ocean challenges.

"GMRI" has assembled an unparalleled mix of science, education, and community capacity that enables us to build knowledge and nurture innovative partnerships to sustain healthy ecosystems and foster resilient communities for the future. GMRI is widely respected as one of the top marine institutions in the Northeast, providing interdisciplinary scientific advice and technical support to aid the fishing industry, resource managers, conservation organizations, and seafood businesses in addressing the key challenges and opportunities of ocean sustainability and climate adaptation. Our education programs likewise have earned national recognition for their capacity to engage and support students and teachers in STEM (science, technology, engineering and math) learning.

Our current strategic plan is available online at: https://www.gmri.org/strategic-plan

Highly Rated

Charity Name & State Overall Score Overall Rating
Gulf of Maine Research Institute (ME) 93.60 four stars
Buzzards Bay Coalition (MA) 90.02 four stars
Coral Reef Alliance (CA) 87.46 three stars
The Ocean Foundation (DC) 95.00 four stars
Galveston Bay Foundation (TX) 93.50 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

Gulf of Maine Research Institute
350 Commercial Street
Portland, ME 04101
tel: (207) 772-2321
EIN: 01-0504905

Visit Web Site

Board Leadership

Frank J. Governali
Board Chair

CEO

Donald Perkins
President, CEO