MOTE MARINE LABORATORY INC Charity Report

Public IRS 990 nonprofit record

MOTE MARINE LABORATORY INC

EIN 59-0756643

What they do

THE ADVANCEMENT of MARINE and ENVIRONMENTAL SCIENCES THROUGH SCIENTIFIC RESEARCH, EDUCATION and PUBLIC OUTREACH, LEADING NEW DISCOVERIES, REVITALIZATION and SUSTAINABILITY of OUR OCEANS and GREATER PUBLIC UNDERSTANDING of OUR MARINE RESOURCES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.90 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 2023The report may be old. Ask for a newer one.

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

They name their leaders36 people are listed in the latest report.

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

Money made simple

42.40%of revenue went to mission work85.9% of expenses · Program services

2.77%of revenue went to fundraising5.6% of expenses

$47.57spent for every $100 of revenueRevenue covered expenses this year.

4.17%of revenue went to management and office costs8.5% of expenses

$6.05in assets for every $1 spent this yearSome assets cannot be spent right away.

33.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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 $464,510 for MICHAEL P CROSBY PHD (PRESIDENT/CEO). 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 2023

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$80,007,372

Mission workProgram services$33,925,40142.40% of revenue85.9% of expenses

ManagementOffice and general costs$3,339,5024.17% of revenue8.5% of expenses

FundraisingAsking for donations$2,219,3812.77% of revenue5.6% of expenses

Revenue left after expensesReported annual surplus$40,523,08850.65% of revenueShown in gray on the chart

Total expenses$39,484,28449.35% 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

2023CurrentExpense mix: 85.9% mission · 8.5% management · 5.6% fundraisingTotal expenses: 49.35% of revenue

2022Expense mix: 87.9% mission · 6.2% management · 5.9% fundraisingTotal expenses: 65.96% of revenue

2021Expense mix: 90.2% mission · 3.6% management · 6.1% fundraisingTotal expenses: 65.72% of revenue

2020Expense mix: 87.4% mission · 5.3% management · 7.4% fundraisingTotal expenses: 62.14% of revenue

2019Expense mix: 84.6% mission · 7.9% management · 7.5% fundraisingTotal expenses: 70.26% of revenue

2018Expense mix: 83.0% mission · 10.3% management · 6.7% fundraisingTotal expenses: 80.98% of revenue

2017Expense mix: 82.0% mission · 11.7% management · 6.3% fundraisingTotal expenses: 106.75% of revenue

2016Expense mix: 83.1% mission · 11.2% management · 5.7% fundraisingTotal expenses: 99.51% of revenue

Money in and money out

Revenue$83,003,369

Expenses$39,484,284

Annual surplus $43,519,085 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)$33,925,401 · 85.9% of expenses

Management and office costs$3,339,502 · 8.5% of expenses

Fundraising$2,219,381 · 5.6% of expenses

See all reported dollar amounts

Revenue$83,003,369

Expenses$39,484,284

Assets$239,005,200

Income$83,329,806

Contributions$27,828,032

Mission work (program services)$33,925,401

Fundraising$2,219,381

Grants given$455,960

Average grant$11,691

Management and general$3,339,502

Accounting fees$68,140

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

MICHAEL P CROSBY PHDPRESIDENT/CEO · 40 hrs/week $464,510Base $437,501 · Other $27,009

MICHAEL MOORESPECIAL ASST TO PRESIDE · 40 hrs/week $222,092Base $205,888 · Other $16,204

KEVIN COOPERVICE PRESIDENT · 40 hrs/week $190,239Base $174,779 · Other $15,460

RICHARD PIERCE PHDASSISTANT VICE PRESIDENT · 40 hrs/week $184,793Base $171,342 · Other $13,451

DEMIAN D CHAPMANSR. SCIENTIST · 40 hrs/week $182,517Base $168,219 · Other $14,298

DANIEL BEBAKVICE PRESIDENT · 40 hrs/week $170,156Base $156,796 · Other $13,360

DEBORAH ALLEN SCHULTZCFO & VICE PRESIDENT · 40 hrs/week $140,620Base $134,889 · Other $5,731

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 (36)

MICHAEL P CROSBY PHDPRESIDENT/CEO

MICHAEL MOORESPECIAL ASST TO PRESIDE

KEVIN COOPERVICE PRESIDENT

RICHARD PIERCE PHDASSISTANT VICE PRESIDENT

DEMIAN D CHAPMANSR. SCIENTIST

DANIEL BEBAKVICE PRESIDENT

DEBORAH ALLEN SCHULTZCFO & VICE PRESIDENT

SANDRA STUARTCHAIRMAN

ROD HERSHBERGERTRUSTEE

ROBERT ESSNERCHAIRMAN EMERITUS

ROBERT CARTERCHAIRMAN EMERITUS

JONATHAN MITCHELLTRUSTEE

RICHARD O DONEGANTRUSTEE AT LARGE

R SCOTT COLLINSTREASURER

PENELOPE KINGMANTRUSTEE

N ROGAN DONELLYTRUSTEE

SUSAN MOLINARITRUSTEE

MAURICE CUNNIFFEIMMED. PAST CHAIRMAN

LTC FRANCES PRESLEY RICETRUSTEE

SUSAN C GILMORETRUSTEE

JUDY GRAHAMCHAIRMAN EMERITUS

ALAN ROSETRUSTEE

JEANIE STEVENSONTRUSTEE

JAMES D ERICSONTRUSTEE

HOBART SKIP SWANVICE CHAIRMAN

G LOWE MORRISONCHAIRMAN EMERITUS TO MAY

FREDERICK M DERR PECHAIRMAN EMERITUS

EUGENE BECKSTEINCHAIRMAN EMERITUS

ELIZABETH MOORETRUSTEE

DR HOWARD SEIDERCHAIRMAN EMERITUS

DR HARRIS SILVERMANTRUSTEE

DR ANDREW ECONOMOSSECRETARY

DONALD FEATHERMANTRUSTEE

DEAN EISNERTRUSTEE

BARBARA JENNINGSTRUSTEE

BARBARA BRIZDLETRUSTEE

About this charity

Recognized since: January 1977
Location: 1600 KEN THOMPSON PKWY, SARASOTA, FL 34236-1004
County: Sarasota
In care of: MICHAEL P CROSBY PHD
Primary officer: MICHAEL P CROSBY PHD, CEO

How to reach them

WebsiteVisit the charity’s website Phone(941) 388-4441

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: KERKERING BARBERIO & CO
Grant-giving organization: Yes