Woods Hole Oceanographic Institution

Organization Overview

Woods Hole Oceanographic Institution is located in Woods Hole, MA. The organization was established in 1954. According to its NTEE Classification (U21) the organization is classified as: Marine Science & Oceanography, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Woods Hole Oceanographic Institution employed 1,196 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woods Hole Oceanographic Institution is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Woods Hole Oceanographic Institution generated $294.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $297.4m during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

SPONSORED AND INSTITUTIONAL RESEARCH IN OCEANOGRAPHY AND RELATED FIELDS: OF THE 997 SPONSORED RESEARCH AWARDS, 683 AWARDS ARE FROM 8 FEDERAL AGENCIES AND 314 ARE FROM 143 OTHER SPONSORS. INSTITUTION RESEARCH SPONSORED 302 PROJECTS FROM UNRESTRICTED FUNDS. IN ADDITION, WOODS HOLE OCEANOGRAPHIC INSTITUTION ISSUED 693 PUBLICATIONS IN 2021.


EDUCATION: JOINT GRADUATE PROGRAM WITH M.I.T. IN THE MARINE SCIENCES. IN 2021, THERE WERE 153 GRADUATE STUDENTS, 28 DEGREE RECIPIENTS, 49 POST DOCTORAL SCHOLARS AND FELLOWS, 31 SUMMER STUDENT FELLOWS AND 92 GUEST STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dakota Creek Industries Inc
Scientific Research
$7,472,541
Mrv Systems Llc
Scientific Research
$2,404,817
Kongsberg Underwater Technology
Scientific Research
$806,158
Mclane Research Lab Inc
Scientific Research
$865,302
Teledyne Webb Research
Scientific Research
$1,713,252
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $223,805,211
All other contributions, gifts, grants, and similar amounts not included above$62,608,328
Noncash contributions included in lines 1a–1f $244,047
Total Revenue from Contributions, Gifts, Grants & Similar$286,413,539
Total Program Service Revenue$7,739,564
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $99,988
Net Rental Income $183,998
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $294,655,196

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Woods Hole Oceanographic Institution has recieved totaling $33,500.

Awarding OrganizationAmount
Lockhart Vaughan Foundation Inc

Baltimore, MD

PURPOSE: ENVIRONMENT: CLIMATE CHANGE.

$18,000
The Robert L James And Anne K James Foundation

Albany, NY

PURPOSE: GENERAL CHARITABLE PURPOSES

$10,000
Lintilhac Foundation

Shelburne, VT

PURPOSE: ANNUALSUPPORT

$5,000
Paul Rizzoli Family Foundation

Boston, MA

PURPOSE: RESEARCH

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$469,357,845
Earnings$63,694,436
Net Contributions$821,485
Other Expense$20,856,000
Ending Balance$513,017,766

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