GULF OF MAINE RESEARCH INSTITUTE Charity Report

Public IRS 990 nonprofit record

GULF OF MAINE RESEARCH INSTITUTE

EIN 01-0504905 · Animal-Related (D500)

What they do

THE GULF of MAINE RESEARCH INSTITUTE (GMRI) DEVELOPS and DELIVERS COLLABORATIVE SOLUTIONS to GLOBAL OCEAN CHALLENGES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $67.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders39 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

56.33%of revenue went to mission work67.9% of expenses · Program services

5.87%of revenue went to fundraising7.1% of expenses

$83.00spent for every $100 of revenueRevenue covered expenses this year.

20.79%of revenue went to management and office costs25.1% of expenses

$3.07in assets for every $1 spent this yearSome assets cannot be spent right away.

90.1%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $452,220 for DONALD W PERKINS JR (PRESIDENT/CEO THRU12/31/23). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$23,325,937

Mission workProgram services$13,139,93956.33% of revenue67.9% of expenses

ManagementOffice and general costs$4,849,77220.79% of revenue25.1% of expenses

FundraisingAsking for donations$1,369,7865.87% of revenue7.1% of expenses

Revenue left after expensesReported annual surplus$3,966,44017.00% of revenueShown in gray on the chart

Total expenses$19,359,49783.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 67.9% mission · 25.1% management · 7.1% fundraisingTotal expenses: 83.00% of revenue

2023Expense mix: 66.8% mission · 24.9% management · 8.3% fundraisingTotal expenses: 87.48% of revenue

2022Expense mix: 65.3% mission · 26.0% management · 8.7% fundraisingTotal expenses: 79.30% of revenue

2021Expense mix: 80.8% mission · 5.6% management · 13.6% fundraisingTotal expenses: 84.35% of revenue

2020Expense mix: 77.8% mission · 4.8% management · 17.4% fundraisingTotal expenses: 87.70% of revenue

2019Expense mix: 78.8% mission · 7.2% management · 14.0% fundraisingTotal expenses: 75.85% of revenue

2018Expense mix: 80.6% mission · 4.4% management · 15.0% fundraisingTotal expenses: 75.02% of revenue

2017Expense mix: 80.0% mission · 5.4% management · 14.6% fundraisingTotal expenses: 87.07% of revenue

Money in and money out

Revenue$23,325,937

Expenses$19,359,497

Annual surplus $3,966,440 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$13,139,939 · 67.9% of expenses

Management and office costs$4,849,772 · 25.1% of expenses

Fundraising$1,369,786 · 7.1% of expenses

See all reported dollar amounts

Revenue$23,325,937

Expenses$19,359,497

Assets$59,376,541

Income$27,694,282

Contributions$21,021,414

Mission work (program services)$13,139,939

Fundraising$1,369,786

Management and general$4,849,772

Executive compensation (total)$550,097

Stocks and bonds$20,999,085

Accounting fees$90,848

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DONALD W PERKINS JRPRESIDENT/CEO THRU12/31/23 $452,220Base $451,198 · Other $1,022

GLENN PRICKETTPRESIDENT/CEO · 40 hrs/week $380,023Base $371,136 · Other $8,887

BLAINE GRIMESCHIEF VENTURES OFFICER · 40 hrs/week $333,537Base $307,355 · Other $26,182

JANET DUFFY-ANDERSONCHIEF SCIENTIFIC OFFICER · 40 hrs/week $207,691Base $192,017 · Other $15,674

NANA ANNANCHIEF OPERATING OFFICER · 40 hrs/week $203,821Base $198,907 · Other $4,914

LEIGH PEAKECHIEF EDUCATION OFFICER · 40 hrs/week $202,794Base $185,333 · Other $17,461

DAVID REIDMILLERCLIMATE CENTER DIRECTOR · 40 hrs/week $197,423Base $175,355 · Other $22,068

CHARISSA KERRCHIEF FINANCIAL OFFICER · 40 hrs/week $190,315Base $180,020 · Other $10,295

MARGARET HENDRICKS ROUDSARICHIEF DEVELOPMENT OFFICER · 40 hrs/week $186,572Base $174,333 · Other $12,239

GRAHAM SHERWOODRESEARCH SCIENTIST · 40 hrs/week $175,875Base $156,509 · Other $19,366

KATHY MILLSRESEARCH SCIENTIST · 40 hrs/week $167,229Base $157,777 · Other $9,452

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (39)

DONALD W PERKINS JRPRESIDENT/CEO THRU12/31/23

GLENN PRICKETTPRESIDENT/CEO

BLAINE GRIMESCHIEF VENTURES OFFICER

JANET DUFFY-ANDERSONCHIEF SCIENTIFIC OFFICER

NANA ANNANCHIEF OPERATING OFFICER

LEIGH PEAKECHIEF EDUCATION OFFICER

DAVID REIDMILLERCLIMATE CENTER DIRECTOR

CHARISSA KERRCHIEF FINANCIAL OFFICER

MARGARET HENDRICKS ROUDSARICHIEF DEVELOPMENT OFFICER

GRAHAM SHERWOODRESEARCH SCIENTIST

KATHY MILLSRESEARCH SCIENTIST

PENNY NOYCEDIRECTOR (THRU

MARGARET HONEYDIRECTOR

MATTHEW OREILLYDIRECTOR

MICHAEL BONNEYCHAIR

PAT PANAIASECRETARY

JILL DUSONDIRECTOR

PETER BRYANTDIRECTOR

R SCOTT MAHONEYDIRECTOR (THRU

REBECCA HATFIELDDIRECTOR (THRU

RICHARD MERRICKDIRECTOR

STEVEN MURAWSKIDIRECTOR

TAWNY ALVAREZDIRECTOR

TONY MCDONALDDIRECTOR (THRU

LUKE HOLDENDIRECTOR

LISA HOOKTREASURER

JULIA TROTMANDIRECTOR

ABIGAL WARKDIRECTOR

JEAN GULLIVERDIRECTOR (THRU

JAY ESPYDIRECTOR

GEORGE BELLDIRECTOR

FRANK SIMONDIRECTOR

ERIC KOLBENDIRECTOR

ERIC HALEYDIRECTOR

DICK CURRANDIRECTOR

DENISE DESCHENESVICE CHAIR

DAVID SMITHDIRECTOR

CECILY PINGREEDIRECTOR

ANNE OLIVIERODIRECTOR (THRU

About this charity

Recognized since: January 1996
Location: 350 COMMERCIAL ST, PORTLAND, ME 04101-4618
County: Cumberland
In care of: % DONALD W PERKINS JR
Primary officer: GLENN PRICKETT, CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@gmri.org Phone(207) 772-2321

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: WIPFLI ADVISORY LLC
NTEE classification: Animal-Related (D500)
IRS tax category: Zoos and Botanical Gardens