Education : Youth Education Programs and Services

Ocean Institute

Experience is the teacher

three stars

86.98

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 86.98 three stars
  Financial 83.43 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 12/21/2018 and includes data from FY2017, 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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Financial

three stars

83.43

Accountability & Transparency

four stars

92.00

This rating was published 12/21/2018 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)
81.6%
  Administrative Expenses 8.4%
  Fundraising Expenses 9.9%
  Fundraising Efficiency $0.33
  Working Capital Ratio (years) 1.93
  Program Expenses Growth 1.9%
  Liabilities to Assets 7.0%
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 $2,009,912
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $14,400
   Related Organizations $0
   Government Grants $0
Total Contributions $2,024,312
   Program Service Revenue $3,399,871
Total Primary Revenue $5,424,183
   Other Revenue $278,026
TOTAL REVENUE $5,702,209
   
EXPENSES  
   Program Expenses $5,483,937
   Administrative Expenses $573,573
   Fundraising Expenses $438,711
TOTAL FUNCTIONAL EXPENSES $6,496,221
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-794,012
   
Net Assets $14,417,742

Charts

Compensation % of Expenses Paid to Title
$110,456 1.70% Daniel Pingaro CEO
Other Salaries of Note
$20,246 0.31% Dori Moorehead Former 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) 86.98 three stars
Mouse (NY) 94.27 four stars
MATHCOUNTS (VA) 89.42 three stars
ORT America (NY) 90.27 four stars
National Math + Science Initiative (TX) 92.02 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