Education : Youth Education Programs and Services

Ocean Institute

Experience is the teacher

three stars

87.48

24200 Dana Point Harbor Drive Dana Point, CA 92629
tel: (949) 496-2274   Web Site
EIN: 33-0203488

Board Leadership
Michael Torcaso
Chairperson

CEO
Dan Pingaro
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 87.48 three stars
  Financial 86.13 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1977, the Ocean Institute works to inspire all generations through education to become responsible stewards for our oceans. The Ocean Institute has become nationally known for its hands-on marine science, environmental education and maritime history programs. More than 110,000 K-12 students and 6,000 teachers annually participate in the Institute's 61 award-winning, immersion style programs. We are an educational facility specializing in innovative marine and social science programs. To learn maritime history and literature, students spend an entire night aboard the brig Pilgrim - each student hauling lines, hoisting sails, standing night watch and swabbing decks. Our vision is to be the world's best experiential ocean educational organization.

Founded in 1977, the Ocean Institute works to inspire all generations through education to become responsible stewards for our oceans. The Ocean Institute has become nationally known for its hands-on marine science, environmental education and maritime history programs. More than 110,000 K-12 students and 6,000 teachers annually participate in the Institute's 61 award-winning, immersion style programs. We are an educational facility specializing in innovative marine and social science programs. To learn maritime history and literature, students spend an entire night aboard the brig Pilgrim - each student hauling lines, hoisting sails, standing night watch and swabbing decks. Our vision is to be the world's best experiential ocean educational organization.

Impact Information

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Reported Results
Total in 2018
Number of free participants on field trips
9,000
Total number of volunteer hours contributed to the organization
284
This impact information is current as of August 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

three stars

86.13

Accountability & Transparency

three stars

89.00

This rating was published 03/01/2020 and includes data from FY2018, 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)
84.2%
  Administrative Expenses 8.1%
  Fundraising Expenses 7.6%
  Fundraising Efficiency $0.24
  Working Capital Ratio (years) 1.86
  Program Expenses Growth 2.9%
  Liabilities to Assets 9.3%
All data for Financial Performance Metrics calculations was provided by Ocean Institute on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Ocean Institute on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,663,135
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $158,752
   Related Organizations $0
   Government Grants $31,250
Total Contributions $2,853,137
   Program Service Revenue $3,273,958
Total Primary Revenue $6,127,095
   Other Revenue $212,090
TOTAL REVENUE $6,339,185
   
EXPENSES  
   Program Expenses $5,907,459
   Administrative Expenses $508,997
   Fundraising Expenses $412,217
TOTAL FUNCTIONAL EXPENSES $6,828,673
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-489,488
   
Net Assets $13,909,401

Charts

Compensation % of Expenses Paid to Title
$173,696 2.54% Daniel Pingaro CEO

Mission

Founded in 1977, the Ocean Institute works to inspire all generations through education to become responsible stewards for our oceans. The Ocean Institute has become nationally known for its hands-on marine science, environmental education and maritime history programs. More than 110,000 K-12 students and 6,000 teachers annually participate in the Institute's 61 award-winning, immersion style programs. We are an educational facility specializing in innovative marine and social science programs. To learn maritime history and literature, students spend an entire night aboard the brig Pilgrim - each student hauling lines, hoisting sails, standing night watch and swabbing decks. Our vision is to be the world's best experiential ocean educational organization.

Highly Rated

Charity Name & State Overall Score Overall Rating
Ocean Institute (CA) 87.48 three stars
MATHCOUNTS (VA) 95.42 four stars
The Ingenuity Project (MD) 86.29 three stars
NAF (NY) 94.72 four stars
Art of Problem Solving Initiative, Inc. (NY) 90.10 four stars

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Charity Contact Info

Ocean Institute
24200 Dana Point Harbor Drive
Dana Point, CA 92629
tel: (949) 496-2274
EIN: 33-0203488

Visit Web Site

Board Leadership

Michael Torcaso
Chairperson

CEO

Dan Pingaro
President, CEO