Woods Hole Oceanographic Institution
87% goes to programs $2 to raise $100 Strong reserves Growing revenue
Woods Hole Oceanographic Institution is a 501(c)(3) organization based in Woods Hole, Massachusetts, registered in 1954, with $344,338,772 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
569 Woods Hole Rdms14, Woods Hole, MA, 02543 EIN 04-2105850 Since 1954
Revenue (FY2024)
$344.3M
▼ 0.4% vs prior year
Science & Tech median: $288K
Expenses (FY2024)
$353.2M
Net assets
$638.7M
Employees
1,446
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $2 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Woods Hole Oceanographic Institution: 87% to programs · $2 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating22 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Woods Hole Oceanographic Institution: 22 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Woods Hole Oceanographic Institution: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Woods Hole Oceanographic Institution: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
See schedule o
What they do
Education: joint graduate program with m.i.t. in the marine sciences. in 2024, there were 149 graduate students, 35 degree recipients, 37 post-doctoral scholars and fellows, 10 geophysical fluid dynamics program participants, 27 summer student fellows and 123 guest students.
Contact & location
- Address
- 569 Woods Hole Rdms14, Woods Hole, MA, 02543
- City
- Woods Hole
- State
- Massachusetts
- Category
- Science & Technology
- Subcategory
- General Science
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $207.0M (FY2013) to $344.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $146.4MNet assets $638.7M
Operating margin
-2.6%
Spent more than it raised in the latest fiscal year.
Total assets
$785.1M
Total liabilities
$146.4M
Net assets
$638.7M
Salaries & benefits
$178.6M
51% of expenses
Board members
31
29 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $344,338,772▼0.4% | $353,206,433▲6.5% | $638,700,121▲5.9% | $785,140,988▲2.5% | 990 |
| 2023 | $345,864,759▼2.3% | $331,628,959▲12.0% | $603,300,153▲7.7% | $766,141,956▲7.1% | 990 |
| 2022 | $353,851,530▲20.1% | $296,228,623▼0.4% | $560,354,675▲8.0% | $715,285,770▼1.4% | 990 |
| 2021 | $294,655,196▲15.4% | $297,419,661▲12.1% | $518,640,097▲19.5% | $725,776,960▲8.3% | 990 |
| 2020 | $255,307,779▼2.5% | $265,292,350▲3.1% | $434,165,909▲12.6% | $670,381,093▲6.9% | 990 |
| 2019 | $261,786,466▲28.5% | $257,326,966▲13.0% | $385,707,475▲8.5% | $626,827,966▲4.8% | 990 |
| 2018 | $203,711,976▼0.6% | $227,673,490▲2.8% | $355,636,056▼2.5% | $598,068,698▲1.9% | 990 |
| 2017 | $204,987,861▼5.0% | $221,538,942▼6.3% | $364,771,074▲7.8% | $586,972,995▲3.0% | 990 |
| 2016 | $215,727,317▼4.7% | $236,368,081▲0.1% | $338,318,794▼1.0% | $569,858,558▲0.3% | 990 |
| 2015 | $226,448,993▼0.6% | $236,227,294▼2.3% | $341,757,225▲2.5% | $568,116,376▼3.4% | 990 |
| 2014 | $227,726,444▲10.0% | $241,893,236▲8.0% | $333,546,014▼7.4% | $588,280,155▲4.8% | 990 |
| 2013 | $207,009,183 | $223,971,218▼0.1% | $360,365,723▲28.5% | $561,486,144▲7.6% | 990 |
| 2012 | — | $224,198,145▼1.0% | $280,331,575▲6.1% | $521,961,251▲4.9% | 990 |
| 2011 | — | $226,559,293▲14.1% | $264,129,581▼20.9% | $497,650,905▼3.3% | 990 |
| 2010 | — | $198,551,245 | $334,051,468 | $514,511,509 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Richard Murray — $767,692 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Richard Murray | Dd & Vp Sci & Eng (until 9/24) | 50 | $767,692 |
| Peter De Menocal | President/director | 50 | $682,313 |
| Kathryn Link | Vp Ops & Cfo | 50 | $543,958 |
| Robert Munier | Vp Marine Facilities & Ops | 50 | $413,668 |
| Samuel Harp | Vp For Advancement & Cmo | 50 | $405,704 |
| George C Clayton | Chief Development Officer | 50 | $332,776 |
| Keith Glavin | Sr. Dir. Information Systems | 50 | $325,819 |
| Kent Sheasley | Master Ship Operations | 50 | $322,643 |
| Paul Matthias | Senior Program Manager Aope | 50 | $301,132 |
| Crystal Talley | Vp Legal Afrs/gc (as of 5/24) | 50 | $280,649 |
| Benjamin Van Mooy | Acting Ddvpr(as of 9/24) | 50 | $256,362 |
| Mary Mcnair | Interim Secretary (until 05/24 | 40 | $121,790 |
| Alan Chung | Trustee | 2.5 | — |
| Anne C Kronenberg | Trustee | 2.5 | — |
| Barbara Wu | Trustee | 2.5 | — |
| Clint Harris | Trustee | 2.5 | — |
| Cullen Buie | Trustee | 2.5 | — |
| Edward Tregurtha | Trustee | 2.5 | — |
| George David | Trustee | 2.5 | — |
| H Larry Clark | Trustee | 2.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| 41 North Offshore LLC | Docking Services | $1,843,815 |
| Mc Garr Service Corp | Cleaning Services | $1,127,220 |
| Barry International Forwarding Inc | Freight Services | $1,002,739 |
| Makse Group LLC | Software Development | $903,712 |
| Ws Shultz Co Inc | Construction Service | $851,569 |
Grants received · $95.2M total
252 grants to Woods Hole Oceanographic Institution totaling $95.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Academy of Sciences | Research grants | 2024 | $1,487,978 |
| Dalio Family Fund Inc | To support general operations | 2024 | $500,000 |
| Tides Foundation | Sustainable environment | 2024 | $339,709 |
| Fiduciary Charitable Foundation | Donations | 2024 | $275,000 |
| Rockefeller Philanthropy Advisors Inc | Environment | 2024 | $249,754 |
| World Wildlife Fund Inc | Conservation | 2024 | $150,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $129,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Environment & animal protection | 2024 | $110,000 |
| Impactassets Inc | General support | 2024 | $104,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $100,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $62,000 |
| Silicon Valley Community Foundation | Sciences | 2024 | $25,000 |
| American Gift Fund | Operations | 2024 | $15,776 |
| American Online Giving Foundation Inc | General support | 2024 | $13,289 |
| Greater Kansas City Community Foundation | Health, medicine & science | 2024 | $10,200 |
Similar organizations in Science & Tech
Science & Tech
Convergent Research Inc
Cambridge, MA
$72.4M
A+annual revenue
Science & Tech
Marine Biological Laboratory
Woods Hole, MA
$57.3M
Bannual revenue
- Science & Tech
Lab Central Inc
Cambridge, MA
$27.3M
Bannual revenue
Science & Tech
Woodwell Climate Research Center
Falmouth, MA
$24.3M
Dannual revenue
Science & Tech
American Meteorological Society
Boston, MA
$18.4M
Bannual revenue
Science & Tech
Terc Inc
Cambridge, MA
$14.4M
C+annual revenue
Science & Tech
Sia Foundation Inc
Randolph, MA
$12.3M
Bannual revenue
Science & Tech
Gloucester Marine Genomics Institute Incorporated
Gloucester, MA
$9.9M
Bannual revenue
Science & Tech
World Wide Web Consortium Inc
Wakefield, MA
$8.7M
Bannual revenue
Science & Tech
Securebio Inc
Cambridge, MA
$7.3M
Bannual revenue
Compare Woods Hole Oceanographic Institution
Frequently asked questions
- Is Woods Hole Oceanographic Institution a legitimate nonprofit?
- Yes. Woods Hole Oceanographic Institution is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2105850, based in Woods Hole, Massachusetts. Donations are tax-deductible.
- What is Woods Hole Oceanographic Institution's EIN?
- Woods Hole Oceanographic Institution's Employer Identification Number (EIN) is 04-2105850.
- How much revenue does Woods Hole Oceanographic Institution report?
- Woods Hole Oceanographic Institution reported $344,338,772 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Woods Hole Oceanographic Institution's spending goes to programs?
- Woods Hole Oceanographic Institution spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Woods Hole Oceanographic Institution have?
- CharityIndex grades Woods Hole Oceanographic Institution A, based on program efficiency and fundraising cost.
- How much does Woods Hole Oceanographic Institution's highest-paid employee make?
- The highest reported compensation on Woods Hole Oceanographic Institution's latest Form 990 is $767,692, paid to Richard Murray (Dd & Vp Sci & Eng (until 9/24)).
More nonprofits in Woods Hole
Explore more
Data for Woods Hole Oceanographic Institution (EIN 04-2105850) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.